Nucleic Acid Isolation and Purification Market to Reach USD 16.38 Billion by 2032, Growing at 11.18% CAGR

The market growth is driven by rising demand for personalized medicine, advancements in genomics research, and increasing prevalence of genetic disorders.

AUSTIN, TX, UNITED STATES, November 25, 2024 /EINPresswire.com/ -- The Nucleic Acid Isolation and Purification Market size was estimated at USD 6.60 billion in 2023 and is projected to reach USD 16.38 billion by 2032 with a CAGR of 11.18% during the forecast period of 2024-2032, according to research by SNS Insider.

The Nucleic Acid Isolation and Purification Market plays a crucial role in the progress of molecular biology, personalized medicine, and biotechnology. The market offers the necessary tools and technologies for obtaining top-notch nucleic acids like DNA and RNA, crucial for activities like clinical diagnostics, drug discovery, genetic testing, and advanced research. With the rise of personalized medicine, the importance of advanced and effective nucleic acid purification procedures is becoming more crucial.

The increase in genetic testing for detecting rare genetic disorders has also heightened the demand. Rare genetic disorders are believed to impact more than 30 million people in the United States alone. Furthermore, the emphasis on acquiring purified nucleic acids has increased due to advancements in next-generation sequencing (NGS) and PCR-based techniques. Customized treatments rely significantly on these mechanisms for precision, thus driving the expansion of the market.

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Key Nucleic Acid Isolation and Purification Market Players:
QIAGEN
Thermo Fisher Scientific Inc.
Illumina Inc.
Danaher
F. Hoffmann-La Roche Ltd
Merck KGaA
Agilent Technologies
Bio-Rad Laboratories Inc.
Takara Bio Inc.
Promega Corporation
Other Players

Personalized Medicine Drives Market Growth

The shift towards personalized medicine in the healthcare industry is driving significant growth in the nucleic acid isolation and purification market. Personalized medicine relies on the accurate examination of genetic materials, which depends on advanced nucleic acid purification technologies. The rising investment in genomics and molecular biology research has led to the growing need for nucleic acid purification, guaranteeing precision in genetic testing, PCR, and sequencing.

Companies are making significant investments in advanced kits and automated systems to simplify the isolation process for clinical and research purposes. This advancement in technology allows for the effective manipulation of nucleic acids, which is essential for broadening its use in diagnostics and treatments. Such patterns strengthen the market's path toward strong expansion.

Segment Analysis

By Product
In 2023, the Kits and Reagents segment dominated the market with a market share of about 68% because of their simplicity, dependability, and effectiveness in isolating nucleic acids. These kits streamline processes in research and clinical environments, providing ready-to-use reagents for isolating DNA or RNA from different types of biological samples. Thermo Fisher Scientific and Qiagen are major players in this industry, providing specialized kits designed for a variety of uses including blood, tissue, and cellular extractions. At the same time, it is expected that the Instruments segment will experience the fastest growth due to the growing need for automation in high-throughput settings. Automated systems and centrifuges play a crucial role in expanding nucleic acid isolation processes, and improving precision and consistency in molecular diagnostics.

By Type
DNA Isolation & Purification segment dominated the market in 2023 with a 58% market share due to its extensive use in genetic testing, clinical diagnostics, and biopharmaceutical manufacturing. Purified DNA is essential for important processes such as PCR, NGS, and cloning. Tools such as Thermo Fisher's PureLink Genomic DNA Kits are commonly used in clinical settings. Meanwhile, RNA Isolation & Purification is projected to experience the fastest growth because of its involvement in studying gene expression patterns linked to illnesses such as cancer and infectious diseases. High-grade RNA is necessary for advanced uses like RNA sequencing and microarray research.

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Key Market Segments

By Product
Kits & Reagents
Instruments (Manual, Automatic)

By Type
DNA Isolation & Purification (Genomic, Plasmid, Viral, Other)
RNA Isolation & Purification (miRNA, mRNA, Total RNA, Other)

By Method
Column
Magnetic Beads
Reagent
Others

By Application
Precision Medicine
Diagnostics
Drug Discovery & Development
Agriculture and Animal Research
Other

By End User
Academic Research Institutes
Diagnostic Laboratories
Contract Research Organizations
Hospitals and Diagnostic Centers
Others

Regional Insights: North America and Asia-Pacific

In 2023, North America dominated the market with a 41% market share due to its advanced healthcare infrastructure, significant R&D funding, and the presence of key industry players like Thermo Fisher Scientific and Agilent Technologies. The region's leading position is reinforced by robust government backing for genomic research and the widespread use of cutting-edge diagnostic technologies.

The Asia Pacific region is anticipated to experience the fastest growth rate, propelled by thriving biotechnology industries, rising healthcare spending, and a growing understanding of modern diagnostics. Nations such as China, India, and Japan are making substantial investments in biopharmaceutical research, which is leading to important prospects for nucleic acid isolation solutions. Qiagen and Bio-Rad Laboratories are increasing their presence in the area to meet growing needs for genetic testing and infectious disease diagnostics.

Recent Developments

In October 2024, Thermo Fisher Scientific introduced a new set of nucleic acid isolation kits designed to improve speed and efficiency. These kits are designed for both clinical and research purposes, to improve workflows without compromising on quality standards.

In September 2024, Qiagen released enhanced RNeasy Kits to enhance RNA output and quality for advanced uses like transcriptome analysis and RNA sequencing. These improvements are created to meet the increasing need for accurate RNA isolation techniques.

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Table of Contents

1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions

2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary

3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews

4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model

5. Statistical Insights and Trends Reporting
5.1 Nucleic Acid Isolation and Purification Product Incidence and Prevalence (2023)
5.2 Nucleic Acid Isolation and Purification Product Prescription Trends, (2023), by Region
5.3 Nucleic Acid Isolation and Purification Product Device Volume, by Region (2020-2032)
5.4 Healthcare Spending, by Region, (Government, Commercial, Private, Out-of-Pocket), 2023

6. Competitive Landscape
7. Nucleic Acid Isolation and Purification Market by Product
8. Nucleic Acid Isolation and Purification Market by Type
9. Nucleic Acid Isolation and Purification Market by Method
10. Nucleic Acid Isolation and Purification Market by Application
11. Nucleic Acid Isolation and Purification Market by End User
12. Regional Analysis
11. Company Profiles
13. Use Cases and Best Practices
14. Conclusion

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SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.

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