Global DNA Extractor Market Overview:
DNA extractor is a machine that involves the DNA extraction process which is important in cancer genetic studies which include mutation analysis, microsatellite analysis, and comparative genomic hybridization (CGH). These applications have led to the high adoption of RNA and DNA extraction kits for genetic analysis. DNA extractor includes an extraction process which is a purification of DNA from the sample using a combination of physical and chemical methods. Further, rapid advancements in molecular techniques and the rising prevalence of chronic and acute diseases require testing using DNA extraction is anticipated to foster the DNA extractor market.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Increasing Demand for Automated Systems Designed for Medium to Large Laboratories and Rise in Investments for R&D of new products in the field of Biotechnology
Market Growth Drivers:
Increasing Incidence of Chronic Diseases such as Cancer and Rising Adoption of Personalized Medicine
Challenges:
Low Yield of DNA Sample is Posing a Challenge for the Market Growth
Restraints:
High Cost of DNA Extractor Machines may hinder the Market Growth
Opportunities:
Extensive Focus on Pharmaceutical Companies on Launching Different Products such as Hormones, and vaccines using DNA extractors
Competitive Landscape:
The DNA extractor market is fragmented with several market players who are involved in several product launches and collaborations. For instance, in October 2018, Rheonix, Inc. announces the launch of its NGS OnePrep solution, an integrated, automated method for DNA extraction and next-generation sequencing (NGS) library preparation.
Some of the key players profiled in the report are Autogen (United States), Bee Robotics (United Kingdom), Hangzhou Bioer Technology (China), Seegene (South Korea) , Gilson Incorporated (United States), PerkinElmer, Inc.(United States), BioChain Institute, Inc. (United States), Bioneer (South Korea), Promega Corporation (United States), QIAGEN (Germany) and F. Hoffmann-La Roche Ltd. (Switzerland). Analyst at AMA Research see United States Players to retain maximum share of Global DNA Extractor market by 2028. Considering Market by Extraction Kit, the sub-segment i.e. DNA Extraction Kit will boost the DNA Extractor market.
Latest Market Insights:
In 2019, New England BioLabs announced the launch of the Monarch Genomic DNA Purification Kit. This kit has robust applications in the high-yield purification of a material having a high molecular weight DNA sample.
In 2019, Thermo Fisher Scientific, one of the key players announced its Automation-Ready kit of DNA and RNA isolation used for the advanced microbiome research. The product is named MagMAX Microbiome Ultra Nucleic Acid Isolation Kit. It is a new and effective sample-processing device, which is used for advanced microbiome research.
In the United States, DNA extractors may be regulated by the Food and Drug Administration (FDA) under the Medical Device Regulation if they are intended for diagnostic or therapeutic use. However, most DNA extractors used in research or laboratory settings are considered exempt from FDA regulation.
What Can be Explored with the DNA Extractor Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global DNA Extractor Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in DNA Extractor
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global DNA Extractor market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in DNA Extractor market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes DNA Extractor Manufacturers, Industry Associations, Potential Investors, Marketing firms, Government and Regulatory Bodies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.