About Nucleic Acid Extraction Equipment
Nucleic acid extraction equipment used to extract DNA, RNA, and their related purification protocols. This equipment can be used for research, molecular diagnostics, feed, food and forensics applications. The factors such as the Increased Number of Research and Development Activities, Increased Automation in Numerous Industries and Rise in the Funding from Government for Research are the key drivers for the global Nucleic Acid Extraction Equipment market. In addition, Technological Advancement in the Healthcare Industry and a Robust Increase in the Distribution Channels also fueling the market growth. However, the High Cost of the Nucleic Acid Extraction Equipment may hamper the market growth.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Nucleic Acid Extraction Equipment market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Roche Applied Science (Germany), Bruker Corporation (United States), PerkinElmer, Inc. (United States), Thermo Fisher Scientific (United States), Qiagen (Germany), Promega Corporation (United States), LGC Ltd (United Kingdom), Analytik Jena AG (Germany), GeneReach Biotechnology Corp. (Taiwan) and AutoGen (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Genolution (South Korea) and ELITech (France).
Segmentation Overview
AMA Research has segmented the market of Global Nucleic Acid Extraction Equipment market by Type (Instruments, Kits and Consumables), Application (Drug Discovery and Precision Medicine) and Region.
On the basis of geography, the market of Nucleic Acid Extraction Equipment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Function, the sub-segment i.e. Fully Automated will boost the Nucleic Acid Extraction Equipment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-user, the sub-segment i.e. Hospitals will boost the Nucleic Acid Extraction Equipment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advancement in the Healthcare Industry and Robust Increase in the Distribution Channels
Market Growth Drivers:
Increased Number of Research and Development Activities, Increased Automation in the Numerous Industries and Rise in the Funding from Government for Research
Challenges:
Stringent Government Rules and Regulations
Restraints:
High Cost of the Nucleic Acid Extraction Equipment
Opportunities:
Growth in the Healthcare Industry Worldwide and Increasing Demand from End-user Industry
Market Leaders and their expansionary development strategies
In May 2022, Biotium, a supplier of cutting-edge life science reagents, is announcing the acquisition of Cell Data Sciences RNAstorm™ and DNAstorm™ kits for RNA/DNA extraction. Biotium, which previously distributed the Cell Data Sciences kits, will now be their sole manufacturer. The extraction kits will be offered from the Biotium website and authorized distributors.
In November 2021, Bertin Bioreagent launched two kits to extract DNA and total RNA from animal tissues. These kits are part of a complete sample preparation workflow that starts with tissue homogenization using Precellys® instruments and whose quality has been validated by Bertin Life Sciences R&D team.
Key Target Audience
Nucleic Acid Extraction Equipment Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies, Research Professionals and End-users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.