DNA/RNA Sample Extraction and Isolation Market to Grow with a CAGR of 6.78% through 2028
Rapid growth of diagnostic applications is expected to
drive the Global DNA/RNA Sample Extraction and Isolation Market growth in the
forecast period, 2024-2028.
According to TechSci Research report, “DNA/RNA
Sample Extraction and Isolation Market – Global Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2028”, the Global DNA/RNA
Sample Extraction and Isolation Market stood at USD 2.46 billion in 2022 and is
anticipated to grow with a CAGR of 6.78% in the forecast period, 2024-2028. The
Global DNA/RNA Sample Extraction and Isolation Market is witnessing robust
growth, driven by a confluence of factors that are transforming the landscape
of life sciences and biotechnology. The isolation and extraction of DNA and RNA
molecules from biological samples are fundamental processes underpinning
numerous applications, including genomics, diagnostics, forensics, and
personalized medicine. Genomic research
has seen remarkable advancements over the past decade. The ability to decode
and analyze the genetic code of organisms, including humans, has opened up new
horizons in understanding diseases, developing targeted therapies, and
identifying genetic markers for various conditions. The need for high-quality
DNA/RNA samples has never been greater, and this drives the demand for
cutting-edge extraction and isolation technologies.
The diagnostic landscape has been transformed by
molecular diagnostics, which rely heavily on DNA and RNA analysis. Rapid and
accurate disease diagnosis is possible through the detection of specific
genetic markers, making early intervention and targeted therapies a reality.
The rise in diagnostic applications, particularly in areas like cancer
detection and infectious disease monitoring, is a significant driver of the
market.
Chronic diseases, such as cancer and cardiovascular
conditions, continue to be a major global health concern. DNA/RNA sample
extraction and isolation are essential in understanding the genetic basis of
these diseases, which, in turn, can lead to the development of more effective
treatments and preventative measures. The need to combat the growing burden of
chronic diseases is driving investment in this market.
The Global DNA/RNA Sample Extraction and Isolation
Market is segmented into End User,
Technology,
Application, Product Type, Regional Distribution, And Company.
Based on the Application, Cancer emerged
as the dominant segment in the global market for Global DNA/RNA Sample
Extraction and Isolation Market in 2022. PCR is a fundamental technique in
molecular biology, genetics, and diagnostic testing. It is widely used across
diverse fields, from basic research to clinical diagnostics. As a cornerstone
technology, PCR is essential for DNA/RNA amplification, making it a highly
demanded application. PCR has a broad spectrum of applications, including
genetic testing, pathogen detection, genotyping, and gene expression analysis.
Its versatility and adaptability to various research and diagnostic needs make
it a popular choice among scientists and clinicians. PCR is known for its high
sensitivity and specificity, allowing the detection of minute quantities of DNA
or RNA. This level of accuracy is crucial for applications such as disease
diagnosis, where even trace amounts of genetic material can provide critical
insights. PCR provides rapid results, often within hours, which is valuable for
applications where timely information is essential. This speed is particularly
advantageous in clinical diagnostics, where quick and accurate results can
impact patient care decisions. The development of high-throughput PCR
technologies, including qPCR (quantitative PCR) and digital PCR, has
significantly increased its utility. These advancements enable the simultaneous
analysis of multiple samples, making PCR a vital tool for large-scale studies
and diagnostics. PCR is a cost-effective technique compared to some other
applications, especially when considering the return on investment in terms of
the information it provides. Its affordability has contributed to its
widespread use in both research and diagnostics.
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Based on the End User, Pharmaceutical
and Biotechnology Companies emerged as the dominant segment in the global
market for Global DNA/RNA Sample Extraction and Isolation Market in 2022. Pharmaceutical
and biotechnology companies heavily rely on DNA/RNA sample extraction and
isolation for drug discovery, development, and research. These organizations
are continuously engaged in the search for new therapeutic targets, drug
candidates, and biomarkers, necessitating a consistent demand for high-quality
genetic material. Genomic medicine has gained prominence in the pharmaceutical
and biotechnology sectors. These companies use genetic information to develop
personalized therapies, identify patient subpopulations for clinical trials,
and investigate the genetic basis of diseases. As precision medicine advances,
so does the demand for reliable DNA/RNA samples. These companies conduct
extensive biological research, which requires access to purified DNA and RNA
samples. Understanding the genetic underpinnings of diseases, elucidating
cellular processes, and developing biopharmaceuticals are some of the critical
areas where genetic material is essential.
Pharmaceutical and biotechnology
companies frequently conduct genetic testing and biomarker discovery studies.
These applications demand large quantities of DNA and RNA for the
identification of genetic markers, assessment of treatment efficacy, and the development
of companion diagnostics.
North America emerged as the dominant
player in the Global DNA/RNA Sample Extraction and Isolation Market in 2022,
holding the largest market share. The United States and Canada are home to
numerous world-renowned research institutions, universities, and biotech hubs.
These institutions are at the forefront of genomics research, precision
medicine, and drug discovery, all of which heavily rely on DNA/RNA sample
extraction and isolation. The region's strong emphasis on R&D activities
fuels the need for high-quality genetic material. North America houses a
substantial number of pharmaceutical and biotechnology companies that are
engaged in drug discovery, development, and genomic medicine. These industries
have a consistent demand for DNA/RNA samples, underpinning the growth of the
sample extraction and isolation market. Clinical diagnostics play a significant
role in North America's healthcare system. The demand for accurate and reliable
DNA/RNA samples is particularly high in diagnostics for genetic diseases,
infectious diseases, and cancer. The availability of advanced diagnostic
services and a strong regulatory framework contributes to the prominence of
DNA/RNA sample extraction and isolation in the region.
Major companies operating in Global DNA/RNA
Sample Extraction and Isolation Market are:
- Abnova Corporation.
- Agilent Technologies, Inc.
- Bio-Rad Laboratories, Inc.
- Endress+Hauser AG (Analytik Jena
GmbH+Co. KG)
- F. Hoffmann-La Roche Ltd
- Illumina, Inc.
- MACHEREY-NAGEL GmbH & Co. KG
- Merck KGaA
- Norgen Biotek Corp.
- Omega Bio-tek, Inc.
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“The Global DNA/RNA
Sample Extraction and Isolation Market is poised for significant growth in the
coming years. With the continuous evolution of precision medicine, there will
be an increasing need for efficient sample preparation methods to support
personalized treatment plans. Furthermore, the rapid expansion of molecular
diagnostics, coupled with an ever-growing emphasis on genomics research, will
fuel the requirement for reliable DNA/RNA samples. The development of
high-throughput sequencing technologies, increased access to healthcare, and
the emphasis on pandemic preparedness will also contribute to market expansion.
Collaborative efforts, technological innovations, and the development of
sustainable practices are expected to shape the industry's future.” said Mr.
Karan Chechi, Research Director with TechSci Research, a research-based
management consulting firm.
“DNA/RNA Sample Extraction and Isolation Market -
Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028
Segmented By Product Type (Consumables, Instruments), By Technology (Silica-Based, Magnetic Particle
Technology, Automated Spin Column-Based, Magnetic Bead-Based, Automated Liquid
Handling Other Technologies), By Application (PCR, NGS, Cloning, Microarray,
Blotting Techniques, Other Applications), By End User (Clinical Diagnostic and
Forensic Laboratories, Pharmaceutical and Biotechnology Companies, Contract
Research Organizations, Others) Region and Competition”, has evaluated
the future growth potential of Global DNA/RNA Sample Extraction and Isolation
Market and provides statistics & information on market size, structure and
future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in Global DNA/RNA Sample
Extraction and Isolation Market.
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