Nucleic Acid Isolation and Purification Market Outlook, Key Financials, Segmental Revenue and Geographical Revenue till 2026
Global Nucleic Acid Isolation and Purification Market
High-quality DNA and RNA are important for a wide variety of research and clinical applications. Purification or isolation of nucleic acids is the first step in most molecular biological studies and in all recombinant DNA techniques. The extraction of nucleic acids from biological material requires cell lysis, inactivation of cellular nucleases, and separation of the desired nucleic acid from cellular debris. Methods for purifying nucleic acids from cell extracts are often combinations of extraction/precipitation, chromatography, centrifugation, electrophoresis, and affinity separation. Pure nucleic acid has applications in emerging fields such as genetic engineering, molecular diagnosis, forensics, and research related to life sciences.
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Global Nucleic Acid Isolation and Purification Market Drivers
Increasing demand for nucleic acid tests, which are mandatory for various pipeline studies of genetic engineering and molecular diagnostics, is one of the key drivers for the growth of the global nucleic acid isolation and purification market. For Instance, in September 2012, GlaxoSmithKline initiated Phase 1 clinical study to evaluate the effects of chemotherapy and adoptive immunotherapy with T cells engineered to recognize NY-ESO-1 peptide in patients with unresectable, metastatic or recurrent synovial sarcoma. T immune cells are genetically engineered to express tumor-specific T cell receptor (TCR) genes and thereby kill cancer cells. The study is expected to complete by May 2020.
However, lesser adoption of automated nucleic acid isolation and purification procedures in emerging economies is a key factor restraining the global nucleic acid isolation and purification market growth.
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Global Nucleic Acid Isolation and Purification Market- Regional Analysis
Increasing mergers and acquisitions in North America are expected to drive the nucleic acid isolation and purification market in the region. For Instance, in May 2018, Agilent Technologies Inc. acquired Lasergen, Inc. in a US$ 105 million deal. The collaboration has been done to develop next-generation sequencing workflow solutions for clinical applications.
Furthermore, key market players in Europe are focused on adopting acquisition strategies in order to enhance their market share. This in turn is expected to boost growth of the nucleic acid isolation and purification market in the region. For Instance, in February 2017, Qiagen Inc. acquired OmicSoft Corp. OmicSoft is recognized for its suite of software solutions that enable researchers to analyze and visualize their own datasets and compare them to massive volumes of publicly available ‘omics’ datasets. This acquisition aims at adding feature to the management, analysis, and sharing of both primary data and analyzed results, while also expanding the range of Qiagen’s translational and clinical applications.
Leading Market Players
The key players operating in the global nucleic acid isolation and purification market include QIAGEN Inc., Thermo Fisher Scientific., F. Hoffmann-La Roche Ltd, Merck KGaA,, Agilent Technologies Inc., Illumina, Inc., Takara Bio Inc., Promega Corporation, General Electric Company, Danaher Corporation, New England Biolabs, and Bio-Rad Laboratories.
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By Product Type,
- DNA & RNA Extraction and Purification Kits
- Column-based Isolation and Purification
- Reagent-based Isolation and Purification
- Magnetic Bead-based Isolation and Purification
- DNA Isolation and Purification
- Genomic DNA Isolation & Purification
- Plasmid DNA Isolation & Purification
- Viral DNA isolation & Purification
- RNA Isolation & Purification
- MiRNA Isolation and Purification
- mRNA Isolation & Purification
- Total RNA Isolation & Purification
- Precision Medicine
- Drug Discovery and Development
- Other Applications
By End User,
- Pharmaceutical and Biotech Companies
- Hospitals and Diagnostic Laboratories
- Research Centers
- Contract Research Organizations
- North America
- Asia Pacific
- Latin America
- Middle East
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