DNA Amplification Kit Market to Grow with a CAGR of 6.24% through 2028
Growing biotechnology and pharmaceutical industries and rising
demand for PCR (polymerase chain reaction) kits are factors driving the global DNA
Amplification Kit Market in the forecast period 2024-2028.
According to TechSci Research report, “DNA
Amplification Kit Market – Global Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2028”, the Global DNA
Amplification Kit Market stood at USD 957.22 million in 2022 and is anticipated
to grow with a CAGR of 6.24% in the forecast period, 2024-2028. In recent years, the field of molecular biology and genetics has
witnessed remarkable advancements, with DNA amplification playing a pivotal
role in various scientific and clinical applications. DNA amplification kits
have emerged as indispensable tools for researchers and diagnosticians, driving
significant growth in the Global DNA Amplification Kit Market. One of the
primary market drivers for DNA amplification kits is the continuous evolution
of molecular diagnostics. These kits are essential for detecting genetic
mutations, pathogens, and various diseases, such as cancer and infectious
diseases. The rising demand for accurate and rapid diagnostic methods has led
to an increased adoption of DNA amplification kits in clinical laboratories
worldwide. The
biotechnology and pharmaceutical industries are expanding at an unprecedented
rate, with DNA amplification kits being an integral part of their research and
development processes. These kits are used in drug discovery, genomics, and
proteomics studies, contributing to the growth of the market. Additionally, the
development of personalized medicine and targeted therapies has further fueled
the demand for DNA amplification kits. Research in genetics and genomics has
expanded significantly, driven by the quest to understand the genetic basis of various
diseases, biodiversity, and human evolution. DNA amplification kits enable
scientists to replicate DNA samples, making it easier to analyze and sequence
genetic material. As a result, the global DNA amplification kit market has
witnessed substantial growth due to the increasing number of research projects
in these fields. Polymerase Chain Reaction (PCR) is a
widely used technique for DNA amplification, and the demand for PCR-based DNA
amplification kits is on the rise. PCR is crucial in applications such as gene
expression analysis, DNA sequencing, and infectious disease detection. The
development of advanced PCR technologies and the need for high-throughput PCR
systems have driven the growth of this segment in the DNA amplification kit
market. The Global DNA Amplification Kit Market is segmented into
type, application and company. Based on type, the PCR segment has emerged as the
predominant market leader. PCR's applications have expanded beyond traditional
research and diagnostics into fields like personalized medicine,
pharmacogenomics, and environmental genomics. As new applications emerge, the
demand for DNA amplification kits continues to grow.
Browse over XX market data Figures spread
through XX Pages and an in-depth TOC on "Global DNA Amplification Kit Market.”
Based on region, North America segment is expected to
grow during the forecast period. North America's commitment to
education and training in molecular biology and genetics is evident through its
extensive network of universities and training centers. Researchers and
laboratory professionals have access to comprehensive educational resources and
training programs, which further drive the adoption of DNA amplification kits.
The well-trained workforce ensures that these kits are utilized effectively and
accurately in various applications. The Asia Pacific region is experiencing
rapid market growth. The region benefits from well-established distribution
networks, ensuring efficient supply chains for DNA amplification kits. This
enables manufacturers to reach a vast customer base both domestically and
internationally. With numerous distribution partners, these companies can
readily expand their market presence and promote their products globally.
Major companies operating in Global DNA
Amplification Kit Market are:
- Cytiva lifesciences
- Thermo Fisher Scientific Inc.
- Sigma-Aldrich Solutions
- QIAGEN NV
- Jiangsu Cowin Biotech Co Ltd
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“The Global DNA Amplification Kit Market is thriving,
driven by a combination of factors including advancements in molecular
diagnostics, the growth of biotechnology and pharmaceutical industries,
increased research in genetics and genomics, and technological innovations.
Furthermore, the demand for PCR-based kits, the expansion of point-of-care
testing, and the influence of global health concerns have all contributed to
the market's robust growth.,” said Mr. Karan Chechi, Research Director with
TechSci Research, a research-based management consulting firm.
“DNA Amplification Kit Market By Type ( PCR, Isothermal
Amplification), By Application (Clinical, Research), By Region, By
Competition Forecast & Opportunities, 2018-2028F”, has evaluated
the future growth potential of Global DNA Amplification Kit 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 Amplification Kit Market.
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