Nucleic Acid Isolation and Purification Market Worth $3,106.28 Million by 2018 – New Report by Marketsandmarkets
This research report categorizes the global nucleic acid isolation and purification market into technology, application, product, end user, and geography. http://www.marketsandmarkets.com/Market-Reports/nucleic-acid-isolation-purification-market-229978287.html
(PRWEB) May 02, 2014
The “Nucleic Acid Isolation and Purification Market by Technology (Column based, Reagent based, Magnetic bead based), Consumables & Instruments, by Application (Plasmid DNA isolation, MIRNA isolation, Total RNA isolation), End users – Global Forecasts to 2018” provides a detailed overview of the major drivers, restraints, challenges, opportunities, current market trends, and strategies impacting the global nucleic acid isolation and purification market along with the estimates and forecasts of the revenue and share analysis.
Browse 111 market data tables, 42 figures spread through 255 pages and in-depth TOC on “Nucleic Acid Isolation and Purification Market”
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This report studies the global nucleic acid isolation and purification market over the forecast period of 2013 to 2018. This market is valued at an estimated $2,103.39 million in 2013.
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The report segments this market by technology, application, product, end user, and geography. The technology segments included in this report are column–based, magnetic bead-based, reagent-based, and other (anion exchange-based, glass fiber-based) for DNA and RNA isolation and purification. Of these, the column-based technology for DNA isolation and purification commands the largest share of the global nucleic acid isolation and purification market and is also poised to grow at the healthy CAGR between 2013 and 2018. However, magnetic bead-based technology for DNA isolation will grow at highest CAGR during the forecasted period. Use of purified form of DNA in research for various downstream processes is the primary growth driver of this technology segment.
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The significance of pure nucleic acid for applications in the pharmaceuticals and biotechnological industry has fueled its demand in the research and life science markets. The isolation of nucleic acid in the pure form is needed for drug discovery, molecular diagnostics, and genotypic applications. The technological innovations and advancements; and government initiatives in form of funding for research projects are the factors driving this market. Furthermore, the increasing use of nucleic acid-based tests in diagnosis is expected to drive this market in coming future.
Under the application segment, plasmid DNA isolation and purification accounted for the largest share in 2013 owing to rapid advances in gene therapy and vaccines technologies which fueled the demand for efficient production methods of plasmid DNA. The micro RNA isolation and purification application segment is poised to grow at highest CAGR because of increased applications in downstream processes such as sequencing and molecular cloning during the forecast period from 2013 to 2018.
The end-users market is segmented into academic research, hospitals and diagnostic centers, pharmaceutical and biotech companies, contract research organizations, and others (forensic and food testing laboratories). Academic research accounted for the largest share in this market. However, the hospitals and diagnostic centers segment is expected to grow in the near future owing to the increased applications of nucleic acid testing in molecular diagnostics.
Under the geography segment, the global nucleic acid isolation and purification market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). The North American geographic segment is further divided into regional segments of the U.S. and Canada. The European geographic segment is further divided into regional segments of Germany, France, Italy, Spain, the U.K., and the Rest of Europe. The Asian segment includes regional segments of India, China, Japan, and the Rest of Asia.
The major players in the nucleic acid isolation and purification market include Agilent
Technologies Inc. (U.S.), Bio-Rad Laboratories Inc. (U.S.), Danaher Corporation (U.S.), Illumina Inc. (U.S.), Life Technologies (U.S.), Promega Corporation (U.S.), Qiagen (Netherlands), Roche Applied Sciences (Germany), and Thermo Fischer Scientific Inc. (U.S.).
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