The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The nucleic acid isolation & purification market has witnessed substantial growth in recent years, driven by various factors contributing to its expansion. Let’s delve into the key drivers, growth projections, and market dynamics shaping this industry.

Growth Trajectory: Past and Future

• The market size surged from $5.43 billion in 2023 to $5.99 billion in 2024, showcasing a notable compound annual growth rate (CAGR) of 10.3%.
• The historic growth can be attributed to advancements in genomic research, molecular diagnostics, biotechnology industry expansion, focus on infectious disease research, and forensic applications.
• Forecasts indicate further growth, with the market expected to reach $9.16 billion by 2028, driven by research collaborations, automation, point-of-care testing demand, and applications in agriculture, food science, and pharmaceutical drug development.

Personalized Medicine Driving Market Growth

The emergence of personalized medicine stands as a significant catalyst for the nucleic acid isolation and purification market.

• Personalized medicine revolutionizes treatment by tailoring interventions based on genetic insights into diseases.
• Governments, such as Sweden, are investing substantially to integrate precision medicine into healthcare systems, augmenting the demand for nucleic acid isolation and purification technologies.
• Major players in the market, including Thermo Fisher Scientific Inc., Illumina Inc., and F. Hoffmann-La Roche AG, are poised to capitalize on this trend, fostering market growth.

Innovative Technological Advancements

Technological innovation remains pivotal in shaping the trajectory of the nucleic acid isolation and purification market.

• Market leaders focus on developing cutting-edge technologies to maintain competitiveness and address evolving market demands.
• Examples include the launch of advanced nucleic acid extraction systems like Natch 16S by Sansure Biotech, equipped with magnetic bead technology and UV lamps.
• Strategic acquisitions, such as ALS Limited’s purchase of Invitek Molecular, underscore the industry’s commitment to enhancing capabilities and providing tailored solutions.

Segmentation Insights

The nucleic acid isolation & purification market exhibits diverse segmentation, catering to varied applications and end-users.

1. Type Segmentation:
   • Plasmid DNA Isolation and Purification
   • Total RNA Isolation and Purification
   • Circulating Nucleic Acid Isolation and Purification
   • Genomic DNA Isolation and Purification
   • Messenger RNA Isolation and Purification
   • microRNA Isolation and Purification
   • PCR Cleanup
   • Other Nucleic Acid Isolation and Purification Types
2. Method Segmentation:
   • Column-based Isolation and Purification
   • Magnetic Bead-based Isolation and Purification
   • Reagent-based Isolation and Purification
   • Other Isolation and Purification Methods

View More On The Nucleic Acid Isolation & Purification Market Report 2024 – https://www.thebusinessresearchcompany.com/report/nucleic-acid-isolation-and-purification-global-market-report

1. Application Segmentation:
   • Diagnostics
   • Drug Discovery and Development
   • Personalized Medicine
   • Agriculture and Animal Research
   • Other Applications
2. End-user Segmentation:
   • Academic and Research Institutions
   • Biopharmaceutical and Biotechnological Companies
   • Contract Research Organizations
   • Applied Testing
   • Clinical Diagnostic Centers
   • Other End Users

Regional Dynamics

• North America dominated the nucleic acid isolation & purification market in 2023, reflecting the region’s advanced research infrastructure and investment.
• Asia-Pacific is poised to witness significant growth, driven by increasing research activities, rising healthcare expenditure, and technological advancements.

Request A Sample Of The Global Nucleic Acid Isolation & Purification Market Report 2024:
https://www.thebusinessresearchcompany.com/sample_request?id=8345&type=smp

The Nucleic Acid Isolation & Purification Global Market Report 2024  provides comprehensive insights on the nucleic acid isolation & purification market size, trends and drivers, opportunities, strategies, and competitor analysis. The countries covered in the nucleic acid isolation & purification market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

View More Related Reports –

Nucleic Acid Based Gene Therapy Global Market Report 2024

Isothermal Nucleic Acid Amplification Technology (INAAT) Global Market Report 2024

NGS-Based RNA-Sequencing Global Market Report 2024

Learn More About The Business Research Company
The Business Research Company has published over 3000+ detailed industry reports, spanning over 3000+ market segments and 60 geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info

Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model