Nucleic Acid Isolation & Purification Market Size, Share & Forecast | USD 12,241.2 million by 2030 - PowerPoint PPT Presentation

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Nucleic Acid Isolation & Purification Market Size, Share & Forecast | USD 12,241.2 million by 2030

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According to the Market Statsville Group (MSG), the global nucleic acid isolation & purification market size is expected to grow from USD 6,331.6 million in 2021 to USD 12,241.2 million by 2030, at a CAGR of 7.6% from 2022 to 2030. Isolation and purification of nucleic acids are critical for expanding medical applications such as research, medication discovery, and others. – PowerPoint PPT presentation

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Title: Nucleic Acid Isolation & Purification Market Size, Share & Forecast | USD 12,241.2 million by 2030


1
Market Research Report EXCLUSIVE EDITION
Global Nucleic Acid Isolation Purification
Market Report Opportunities, and Forecast By 2030
Global Industry Analysis, Forecast and Trends,
2030
2
Global Nucleic Acid Isolation Purification
Market 2020 Statsville Consulting Private
Limited
Market Statsville Group (MSG) A part of
Statsville Consulting Private Limited American
Office 800 Third Avenue Suite A 1519New York,
NY 10022 EMEA 1165 Budapest 16 Diósy Lajos u.
24., Europe Asia-Pacific Office F-178 Subhash
Marg C Scheme, Ashok Nagar, Jaipur, Rajasthan,
302001 www.marketstatsville.com
Disclaimer Any information and/or material
provided by Statsville Consulting Private
Limited, including any and all the analysis
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3
ABOUT MARKET STATSVILLE GROUP (MSG)
Market Statsville Group (MSG) partners with
companies and society to confront their essential
risks and challenges to capture the enormous
opportunities for them. MSG was initiated its
working in 2017, and since then, the brand is
moving to become a pioneer in business advisory
and market research services. Market Statsville
is the leading market research and strategy
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solutions in a wide range of industry verticals
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MSG works in a uniquely collaborative model
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4
RESEARCH PROCESS
Our research is an optimum culmination of
secondary and primary research, with the latter
playing a major role. We also have an in-house
repository and access to a number of external
regional and global paid databases to help
address specific requirements of our clients. The
research process begins with a holistic secondary
research, followed by expert interviews. The
information gathered is then comprehensively
analyzed by our highly experienced in-house
research panel
5
Nucleic Acid Isolation Purification Market
2022 Industry Size, Regions, Emerging Trends,
Growth Insights, Opportunities, and Forecast By
2030
Nucleic Acid Isolation Purification Market by
Product (Kit, Reagent and Instrument), by
Application, by Method (Column-based Isolation
and Purification), by End-User (Hospitals
Diagnostic Centers), by Region Global Share and
Forecast to 2030
Description
According to the Market Statsville Group (MSG),
the global nucleic acid isolation purification
market size is expected to grow from USD 6,331.6
million in 2021 to USD 12,241.2 million by 2030,
at a CAGR of 7.6 from 2022 to 2030. Isolation
and purification of nucleic acids are critical
for expanding medical applications such as
research, medication discovery, and others. A
wide range of scientific and therapeutic
applications necessitate the use of high-quality,
ultrapure nucleic acids such as DNA and RNA.
Isolation and purification of DNA or RNA are
required for genetic analysis and used in various
medical, scientific, and forensic applications.
Many approaches, such as column-based,
reagent-based, and others, are used to carry out
the procedure.
6
Various sources are accessible to purify and
isolate nucleic acid, including hair, bones,
blood, saliva, sperm, nails, and urine. These
approaches are widely used in bioscience
research, gene splicing, molecular diagnostics,
and forensics. The isolation of nucleic acids
decreases nucleic acid loss, speeds up sample
processing, and improves the laboratory's
efficacy and efficiency. It also aids in the
purification of nucleic acid. In nucleic acid
isolation and purification, several critical
technologies such as magnetic bead-based,
reagent-based, and column-based are
used. Request Sample Copy of this
Report https//www.marketstatsville.com/request-s
ample/nucleic-acid-isolation-purification-market
Factors such as increased RD efforts,
technological advancements, and automation are
likely to drive the market's growth. However, one
of the reasons expected to hamper the growth of
the nucleic acid isolation and purification
market is the high cost of automated devices.
Furthermore, the high scope of development in the
developed market, the improving regulating and
repaying framework, and the molecular diagnostics
and customized medicine are expected to create
lucrative prospects in the growth of nucleic acid
isolation and purification. COVID-19 Impact on
the Global Nucleic Acid Isolation Purification
Market Because of the COVID-19 pandemic, disease
testing and medication development have been on
the huge rise. This research is being expanded to
understand better the infection's dynamics, which
is predicted to move the nucleic acid isolation
and purification sector forward. On the other
hand, it is expected that the majority of
COVID-19 diagnostic assays, molecular testing,
and customized medicine will constantly rise over
the next years. There has been a significant rise
in the number of manufacturers who have made
critical efforts to augment patient access to
coronavirus diagnostic testing, vaccine and
medication research, and other testing locations
around the country to guide patient treatment and
protect public health. Because of the
coronavirus's rapid spread, the need for
diagnostic kits and other critical care medical
devices has increased exponentially in the
previous two years. In 20202021, healthcare
provider facilities worldwide were inundated with
patient submissions for COVID-19 screening and
treatment. This caused major interruptions in
clinical workflows inside inpatient care
facilities, prompting providers to prioritize
vital patient care operations.
7
Global Nucleic Acid Isolation Purification
Market Dynamics Drivers rising RD activities in
the genomic field The market is a research-driven
industry, as various market players and
scientists have indulged in research and
development. Pharmaceutical and biotechnology
businesses, as key parts of the life science
industry, invest extensively in research to
discover breakthrough compounds to fulfill the
rising healthcare sector's demands. Furthermore,
the imminent patent cliff has increased
biopharmaceutical firms' research activity.
Companies in the kits, reagents, and instruments
market expanded their RD spending to produce
novel products to fulfill the pharmaceutical and
biotechnology industries' research needs. Thermo
Fisher Scientific, for instance, boosted its RD
expenditure from USD 967 million in 2020 to USD
1,003 million in 2021. Restraints Analytical
instruments are expensive Kits and automated
nucleic acid isolation and purification
instruments are more costly than traditional
procedures. Automated instruments have important
advantages such as simplified separation
procedures, reduced working hours, greater
safety, and higher throughput. However, the
exorbitant cost of these equipment prevents their
widespread use. NAIP automated instruments cost
between USD 8,000 to USD 160,000. These devices
also incur additional reagents, disposables,
maintenance, and training costs. These expensive
equipment are out of reach for institutes and
businesses with limited RD resources. Opportuniti
es Technological advancements and improved
regulatory and reimbursement scenarios Despite
the favorable funding landscape for
personalized/precision medicine, the absence of
reimbursement for precision medicine diagnostic
tests was a barrier to implementing NGS
technology for diagnostics. The US CMS did not
implement a classification and reimbursement
mechanism for reimbursement until early 2018, as
NGS-based clinical treatments were considered
experimental. The CMS, however, determined that
NGS was a reasonable and necessary diagnostic
laboratory test and, in March 2018, decided it
would be covered nationally when ordered by a
treating physician and carried out in a
CLIA-certified laboratory in the case of
recurrent, relapsed, refractory, metastatic, or
stage III or IV cancer, as well as other
formulated criteria. This was due to the
introduction of advanced NGS products for
diagnostic applications and increased awareness
of NGS's diagnostic applications. Furthermore, in
April 2021, the FDA issued final advice to speed
the submission and evaluation of NGS-based tests
and to provide a flexible regulatory approach to
allow the development of its standards in
response to technological advances in the area of
NGS.
8
  • Scope of the Global Nucleic Acid Isolation
    Purification Market
  • The study categorizes the nucleic acid isolation
    purification market based on product, type,
    application, method, and end user at regional and
    global levels.
  • Direct Purchase Report https//www.marketstatsvil
    le.com/buy-now/deep-brain-stimulation-devices-mark
    et?opt2950
  • By Product Outlook (Sales, USD Million,
    2017-2030)
  • Kits
  • Reagents
  • Instruments
  • By Type Outlook (Sales, USD Million, 2017-2030)
  • Plasmid DNA Isolation and Purification
  • Total RNA Isolation and Purification
  • Circulating Nucleic Acid Isolation and
    Purification
  • Genomic DNA Isolation and Purification
  • Messenger RNA Isolation and Purification
  • microRNA Isolation and Purification
  • PCR Cleanup
  • Others
  • By Application Outlook (Sales, USD Million,
    2017-2030)

9
  • By End User Outlook (Sales, USD Million,
    2017-2030)
  • Hospitals Diagnostic Centers
  • Academic Government Research Institutes
  • Pharmaceutical Biotechnology Companies
  • Contract Research Organizations
  • Others
  • By Method Outlook (Sales, USD Million, 2017-2030)
  • Column-based Isolation and Purification
  • Magnetic Bead-based Isolation and Purification
  • Reagent-based Isolation and Purification
  • Others
  • By Region Outlook (Sales, USD Million, 2017-2030)
  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • Italy

10
  • Poland
  • Russia
  • The Netherlands
  • Norway
  • Czech Republic
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Indonesia
  • Malaysia
  • Thailand
  • Singapore
  • Australia New Zealand
  • Rest of Asia Pacific
  • South America

11
Access full Report Description, TOC, Table of
Figure, Chart, etc https//www.marketstatsville.c
om/table-of-content/nucleic-acid-isolation-purific
ation-market Hospitals and diagnostic centres
segment accounts for the largest market share
by End-use Based on the end-use, the nucleic acid
isolation purification market is divided into
hospitals diagnostic centers, pharmaceutical
biotechnology companies, academic government
research institutes, contract research
organizations, and other end users. The hospitals
and diagnostic centers segment dominated the
nucleic acid isolation and purification market in
2021 due to the increased need for early and
precise illness detection. Techniques for
isolating and purifying DNA/RNA are regarded as
effective diagnostic tools for hereditary
illnesses such as sickle cell anemia, hemophilia
A, and Tay-Sachs disease. As a result, the
availability of such effective technologies at
reasonable to low prices is projected to boost
their use in diagnostic centers and
hospitals. North America accounts for the largest
market share by Region Based on the regions, the
global nucleic acid isolation purification
market has been segmented across North America,
Asia-Pacific, Europe, South America, and the
Middle East Africa. North America dominated the
nucleic acid isolation and purification market in
2021, revenue share due to the presence of
established companies and their efforts to create
technologically enhanced quick purification and
isolation devices. Furthermore, increased
financing initiatives for biotechnology research
propel the region's market growth. As a result,
such market trends are likely to assist North
America is dominating the overall
market. Request For Report Description https//w
ww.marketstatsville.com/nucleic-acid-isolation-pur
ification-market
12
Thank You
Market Statsville Group (MSG)
F-178 Subhash Marg C Scheme, Ashok Nagar, Jaipur,
Rajasthan, 302001 Phone 91 702 496 8807 Mail
sales_at_marketstatsville.com
800 Third Avenue Suite A 1519 New York, NY
10022 Phone 1 (646) 663-5829 Mail
sales_at_marketstatsville.com
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