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Nucleic Acid Isolation & Purification Market Size

  • Report ID: GMI7608
  • Published Date: Dec 2023
  • Report Format: PDF

Nucleic Acid Isolation & Purification Market Size

Nucleic Acid Isolation & Purification Market size was valued USD 5 billion in 2023 is poised to record more than 7.7% CAGR from 2024 to 2032. The market growth is driven by the escalating demand for advanced diagnostic techniques, particularly in genomics and precision medicine, that fuels the need for efficient nucleic acid isolation and purification methods.

 

Moreover, continuous advancements in technology, such as automated nucleic acid isolation systems and high-throughput methods, enhance the efficiency and scalability of nucleic acid purification processes. For instance, in 2021, Thermo Fisher Scientific launched kingfisher apex purification system, a high-throughput sample purification instrument to automate the extraction of DNA, RNA, proteins and cells from an array of sample types. This instrument can process 24 to 96 samples in 25 to 65 minutes. Such advancements and introduction of new products is expected to fuel the market progress.
 

Nucleic acid isolation & purification refer to the processes of extracting and refining nucleic acids, such as DNA or RNA from biological samples, such as cells or tissues. These processes are crucial in molecular biology, genetics, and other fields where the analysis of nucleic acids is essential.
 

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Nucleic acid isolation & purification industry size was USD 5 billion in 2023 and is expected to reach USD 9.9 billion by end of 2032 due to the escalating demand for advanced diagnostic techniques, particularly in genomics and precision medicine.

The reagents & kits product segment may record USD 7.3 billion by 2032 driven by rising innovations to offer enhanced performance, automation capabilities, and compatibility with high-throughput systems.

Nucleic acid isolation & purification industry size from the diagnostics application segment reached USD 1.7 billion in 2023 due to higher deployment for the identification of pathogens in routine sample processing.

North America held 37.8% of the global nucleic acid isolation and purification market share in 2023 owing to the strong presence of leading biotechnology and pharmaceutical companies along with significant government investments in genomics and molecular biology research.

Nucleic Acid Isolation & Purification Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 13
  • Tables & Figures: 431
  • Countries covered: 19
  • Pages: 260
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