Nucleic Acid Sample Preparation Market to be Dominated by Oncology Segment through 2028
Increasing demand for nucleic acid samples in performing
distinct downstream applications is expected to drive Nucleic Acid Sample
Preparation Market during the forecast period, 2024-2028.
According
to TechSci Research report, “Nucleic
Acid Sample Preparation Market - Global Industry Size, Share, Trends, Opportunity,
and Forecast, 2018-2028F”,
the Nucleic Acid Sample Preparation
Market is anticipated to grow at a steady rate during the forecast period, 2024-2028.
This can be ascribed to the growing demand of nucleic acid sample
preparation in several genetic testing techniques alongwith the growing
advancement in several nucleic acid extraction techniques.
The growing
demand for research and developments in the disease diagnosis, precision
medicine development, rising genetic testing and growing exposure for automated
nucleic acid sample preparation are major factors influencing the increased
demand for Global Nucleic Acid Sample Preparation Market across the world.
Meanwhile, other factors such as high cost of
equipment and reagents and complexity of the techniques are attributing to restrain the growth of
Global Nucleic Acid Sample Preparation Market .
Moreover, the major restraining factor hampering
the growth of Nucleic Acid Sample Preparation market is the high cost of the
technology and method involved in the nucleic acid sample preparation,
alongwith the strict government rules & regulations for the applications
including nucleic acid samples and thereby hampering the market growth.
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over XX market data Figures spread through XX Pages and an in-depth TOC on “Nucleic Acid Sample Preparation Market”
Based on application,
the market is further segmented into genomics, proteomics and Others. The genomics
segment dominated the market in 2022 and is expected to grow at the faster rate
during the forecast period. This can be attributed to factors such as genomic
analysis assisting the discovery of several new targets for drug discovery,
developing new drug formulations with greater selectivity. Moreover, the global
coronavirus outbreak has led the research committees to make serious efforts to
introduce therapeutic strategies to fight the pandemic.
Based on therapeutic areas,
the market is further divided into oncology, infectious disease, human
genetics/population genetics and others. The oncology segment was dominated in 2022 and will
continue to hold the highest share during the forecast period. This is
attributed on account of increased prevalence of cancer across the world.
Additionally, the growing research & development in cancer requires nucleic
acid samples in various amount , also
pre-diagnosis and treatment steps in cancer requires various steps of nucleic acid sample preparation and thus bolster the
growth of the Nucleic Acid Sample Preparation market.
Moreover, the leading key players are creating more
opportunities to propel the market demand for Nucleic Acid Sample Preparation
Market. For instance, in June 2022, Bionano Genomic and Hamilton
Company introduced a new-DNA Extraction automation product- Long String
VANTAGE. This new instrument in the product portfolio is capable of extracting
ultra-high molecular weight(UHMW) DNA and can be further used for optical genome
mapping(OGM).
Major companies operating in the Nucleic Acid Sample Preparation Market are:
- BGI Group (MGI Tech Co. Ltd.
- Azenta US Inc.
(GENEWIZ)
- Agilent Technologies, Inc.
- Daicel Corporation (Daicel Arbor Biosciences)
- Danaher. (Integrated DNA Technologies, Inc.)
- Illumina, Inc.
- LGC Limited (LGC Biosearch Technologies)
- PacBio
- CD Genomics
- F. Hoffmann-La Roche Ltd.
Companies operating in the market are following strategies such as continuously
innovating tools to improve image quality and create specialized clinical tools
to help the patients see more anatomical detail with greater certainty,
enabling them to provide the best possible patient care, in order to stay
competitive and have an edge over other players operating in the industry.
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“North America
region is expected to dominate the nucleic acid sample preparation market
attributed on account of its highest investment on research and development in
the pharmaceutical industry Moreover, the
well-established healthcare infrastructure and increased product launches by
the key market players in the region are further expected to support the market
growth in the region” said Mr. Karan Chechi, Research Director with TechSci
Research, a research-based global management consulting firm.
Nucleic
Acid Sample Preparation Market- Global Industry Size, Share, Trends,
Competition, Opportunity, and Forecast, 2018-2028, Segmented
By Product (Consumables, Systems and Accessories & Components), By
Technology (Spin-Column Based Technology, Magnetic-Bead Based Technology and
Others), By Therapeutic Area (Oncology, Infectious Disease, Human
Genetics/Population Genetics, Others), By Application (Genomics, Proteomics and
Others), By End Users(Academic and Research Institutions, Pharmaceutical and
Biotechnology Companies, Clinical and Diagnostic Laboratories and Other) ,By
Region and Competition.”, has
evaluated the future growth potential of Nucleic Acid Sample Preparation 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 Nucleic Acid Sample Preparation Market.
Contact
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