DNA And RNA Sample Preparation Market Growth to reach USD 2,327.7 Million by 2027, Industry Analysis, Size, Technology Trends, Top Companies, Regional Revenue
A wide variety of DNA and RNA sample preparation kits are available and are highly useful in the purification of nucleic acid from a wide variety of sample materials. These kits have various advantages such as minimizing DNA loss, improving reliability of the nucleic acids, less time-consuming, and greater flexibility. Reagents and consumables such as NaCl, Phenol/Chloroform, Proteinase K, and others are used during DNA and RNA sample preparation.
The global DNA and RNA sample preparation market is estimated to account for US$ 1,541.3 Mn in terms of value in 2018 and is expected to reach US$ 2,327.7 Mn by the end of 2027.
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Global DNA and RNA Sample Preparation Market: Drivers
Developments in next-generation sequencing are expected to propel growth of the global DNA and RNA sample preparation market over the forecast period. For instance, in February 2020, Twist Bioscience Corporation, a company focused on offering high-quality synthetic DNA, collaborated with Miroculus, Inc. to integrate its target enrichment and sample library preparation kits with automation platform developed by Miroculus, Inc.
Global DNA and RNA Sample Preparation Market: Opportunities
Development of rapid and inexpensive protocols for consistent extraction of high quality DNA and RNA is expected to offer lucrative growth opportunities for players in the market. For instance, in October 2018, researchers from Embrapa Genetic Resources and Biotechnology, Brazil, reported that pre-washing of sample macerates with buffered sorbitol solution prior to DNA extraction with a CTAB-based protocol offers good yields and consistent quality of high molecular weight DNA from plant and fungal samples.
Global DNA and RNA Sample Preparation Market: Restraints
Challenges related to nucleic acid sample preparation and vendor selection are expected to hamper growth of the global DNA and RNA sample preparation market. It is difficult to analyze the extremely small samples obtained after the sample preparation. Moreover, contamination of the DNA-RNA samples after the sample preparation may interfere with the analysis. Degradation of samples starts as soon as they are collected and the degradation is high in terms of RNA samples.
DNA sample preparation segment in the global DNA and RNA sample preparation market was valued at US$ 570.9 Mn in 2018 and is expected to reach US$ 932.0 Mn by 2027 at a CAGR of 5.5% during the forecast period. DNA research is carried out for various reasons such as cancer studies, infectious disease studies, and therapy research and development. These factors are
The Academic & Research Institutes segment held dominant position in the global DNA and RNA sample preparation market in 2018 accounting for 31.4% share in terms of value, followed by hospitals and contract research organizations, respectively. Academic and research institutes are indulged in research and development of basic DNA and RNA studies, as well as development of potential DNA and RNA based therapies. Continuous research and development is expected to support growth of the segment over the forecast period.
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The research applications segment held dominant position in the global DNA and RNA sample preparation market in 2018, accounting for 41.6% share in terms of value, followed by diagnostic testing and clinical testing, respectively. DNA and RNA studies are increasingly being conducted in order to develop novel therapies for various cancers, and studying basic physiology of various cancers, and other diseases which is expected to support growth of the market over the forecast period.
Majority of specialized products and services are offered by smaller vendors in the global DNA and RNA sample preparation market.
Moreover, market players are focused on increasing the throughput and speed of nucleic acid preparation. This is achieved by automation in sample preparation or by using a multiwell plate system (e.g., illustra RNAspin 96 RNA Isolation Kit from GE Healthcare). Multiwell plates can be used in combination with new single-use centrifuge or vacuum purification methods that are designed to improve sample workflow and extraction times.
Global DNA and RNA Sample Preparation Market: Competitive Landscape
Major players operating in the global DNA and RNA sample preparation market include, Agilent Technologies, Inc., Becton, Dickinson and Company, Bio-Rad Laboratories Inc., DiaSorin S.p.A, F. Hoffmann-La Roche, Miroculus, Inc., Illumina, Inc., PerkinElmer, Inc., QIAGEN, Sigma Aldrich Corp., Tecan Group AG, and Thermo Fisher Scientific, Inc.
Global DNA and RNA Sample Preparation Market: Key Developments
March 2020: Thermo Fisher Scientific Inc. announced approval for acquisition of QIAGEN N.V., a provider of molecular diagnostics and sample preparation technologies for US$ 43.46 per share in cash
January 2020: Bio-Rad Laboratories, Inc. launched SEQuoia Complete Stranded RNA Library Prep Kit, a novel approach to RNA-Seq library preparation.
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- By Product Type
- DNA Sample Preparation
- RNA Sample Preparation
- Reagents & Consumables
- By Applications
- Clinical Testing
- Diagnostic Testing
- Research Applications
- By End-User
- Diagnostic Centers
- Academic & Research Institutes
- Forensic Science Laboratories
- Contract Research Organizations
- By Region
- North America
- Latin America
- Asia Pacific
- Middle East
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