A latest report from Absolute Markets Insights covers insights into the global DNA/RNA Extraction Kit market. This comprehensive report offers insights into the market, models and drivers of business growth. Also includes DNA/RNA Extraction Kit market share, sales volume and education charts. Research analysts have combined important and additional information, such as commitments from market leaders, into a well-crafted report. This report is an essential insight into strategies and information and is primarily aimed at business leaders. The main objective of this DNA/RNA Extraction Kit report is to provide industry knowledge and help our clients achieve natural growth in their respective fields. The DNA/RNA Extraction Kit report also shows a new uptrend that includes market conditions and market forecast 2022-2030.
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Some of the major players operating in the global DNA/RNA Extraction Kit market include: Agilent Technologies, Inc., Akonni Biosystems, Inc., Beckman Coulter, Inc., BIOFIRE DIAGONOSTIC, INC., Bioneer Corporation, Bio-Rad Laboratories, Inc., Canvax Biotech S.L., Hunan Runmei Gene Technology Co., LTD, Krishgen Biosystems, Lexogen GmbH, Primerdesign Ltd., Promega Corporation, QIAGEN, Swagene, Takara Bio Inc, TaigenBioscience Corporation and Thermo Fisher Scientific Inc. amongst others.
In terms of revenue, global DNA/RNA extraction kit market was valued at US$ 586.56 Mn in 2022 and is anticipated to grow at a CAGR of 6.8% over the forecast period.
The competitive landscape of the market study contains a broader analysis of the regions including North America, Europe, Asia-Pacific, Middle East and Africa, Latin America, which are expected to capture the essence of the market in its broadest category. The list encompasses significant players who manage the sector based on the system’s overall production capabilities, environmental contributions, appropriate channels, and territorial proximity through a system of primary and secondary research methodologies followed by an in-house analytical model. Furthermore, the generated income and a generalized market share for the market is presented with the help of graphs, charts and tables.
Furthermore, the report also contains important collaborations, mergers and acquisitions, key market trends and business policies are evaluated. The study contains primary and secondary information pertaining to the DNA/RNA Extraction Kit Market in terms of its global status, market size, growth forecasts, trends, segments, and a detailed forecast.
Key insights from the report:
- The report provides key statistics on the market status of DNA/RNA Extraction Kit Manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
- The report provides a basic overview of the industry, including its definition, applications and manufacturing technology.
- The report features the company profile, product specifications, capacity, production value and market share 2022-2030 for the top vendors.
- The total market is further divided by company, by country and by application/type for the analysis of the competitive landscape.
- The report then estimates the 2022-2030 market development trends of the P2P Loans industry.
- Analysis of upstream raw materials, downstream demand and current market dynamics is also performed.
- The report makes some important proposals for a new project of DNA/RNA Extraction Kit Market before evaluating its feasibility.
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Covid-19 cumulative impact:
This study presents insights into COVID-19 on consumer behavior and changes in demand, purchasing patterns, supply chain reorganization, dynamics of market forces, and substantial government involvement. The new research provides insights, analysis, estimates and predictions in light of the effect of COVID-19 on markets. The DNA/RNA Extraction Kit Market report provides a solid observation on the prominent players in terms of strategic analysis, micro and macro market trends and opportunities, pricing trends, and a generalized overview of the market. The DNA/RNA Extraction Kit Market is a detailed study packed with primary and secondary market factors, market share, leading segments and a proper geographic analysis.
Key questions answered in this report:
- What will the market size and growth rate be in 2030?
- What are the key drivers of the global market?
- What are the key market trends impacting the growth of the global market?
- What are the market growth challenges?
- Who are the key vendors in the global market?
- What are the global market opportunities and challenges for sellers?
- What are the key findings of the global five-point analysis of the DNA/RNA Extraction Kit market?
The growing prevalence of chronic illnesses across global population has fuelled the demand of DNA/RNA extraction kits for diagnosis and treatment purposes.
The growing urbanisation has pushed people to adopt a sedentary lifestyle which is leading to rising occurance of chronic diseases. World Health Organization states that chronic condition rates are accelerating globally, and is anticipated to contribute 60% of the total burden of disease by 2020. These growing number of patients with chronic disease such as cardiovascular diseases, cancer, obesity, diabetes and others have fuelled the demand for health care treatments. Study of the patient before giving any treatment is necessary to pre-determine the consequences. For instance, nucleic acids such as DNA and RNA are extracted to perform medical investigation of a patient suffering from cancer. It assists to develop in-depth understanding of tumor genetics, mutation analysis, microsatellite analysis, and comparative genomic hybridization.
The purity, quantity, and quality of extracted DNA or RNA plays a significant role in the success thus, creating demand for extraction kits to effectively and precisely isolate nucleic acids from samples. The DNA/ RNA extraction kit provides a simple, nontoxic method for efficiently isolating high-molecular-weight DNA or RNA from tissue, whole blood and cultured cells. The DNA/ RNA extraction kits of BioVision Inc. facilitate identification of tumor miRNA or mRNAs signatures from human biological fluids. Along with chronic illnesses, the rise in number of infectious diseases is further propelling the demand of DNA/RNA extraction kits for pathogen detection, antigen testing and other such purposes. Thus, the growing number of diseases is fuelling the demand in global DNA/RNA extraction kit market.
Growing range of applications is another driver propelling the demand in global DNA/RNA extraction kit market. Along with medical science, biology and other fields of application, these nucleic acid extraction kits are also being used in forensics for investigation of crime scene. Crime scene evidence comprises of a multitude of samples containing biological fluids and tissues such as human blood, semen, saliva, epithelial cells, hair, bone, teeth, fingernails, cigarette butts, stamps, and tissues. These samples need to be processed using the most effective methods of nucleic acid extraction and purification for downstream quantification and genetic profiling. DNA extraction kits are used to extract DNA from samples for forensic testing purposes. Market players such as Thermo Fisher Scientific Inc., GeneON GmbH, Takara Bio Inc. and many others provide dedicated DNA extraction kits for forensic applications. Thus, the growing demand from forensic science is driving the propelling the DNA/RNA extraction kit market across the globe.
The cost of DNA/RNA extraction kits has led to low levels of product penetration in under-developed markets which impedes the market growth. In order to overcome this challenge, market players are incorporating advanced technologies in these kits which increases their efficiency and reduces cost. For instance, in June 2020, Lexogen GmbH launched TraPR kit for gel free extraction of small RNA which enables accurate, reproducible and cost-effective analysis of RNA. This rising investment in research and development of DNA/RNA extraction kit to develop low cost, user friendly solutions are anticipated to boost the growth of global DNA/RNA extraction kit market in forecast years.
SARS-CoV-2 is a single-stranded RNA virus. The structure of coronavirus (SARS-CoV-2) consists of a spike protein, hemagglutinin-esterease dimer, a membrane glycoprotein, an envelope protein, a nucleoclapid protein and RNA. The accurate and sensitive detection of coronavirus infection requires isolation of viral RNA from the sample. This process has inflated the demand for manual as well as automated RNA extraction kits from diagnosticians, vaccine manufacturers and researchers across the globe. Owing to this rise in demand, many market players are introducing a wide range of product offerings. For instance, Omega Bio-tek, Inc. launched Mag-Bind Viral RNA Xpress Kit in June 2020 for isolation of viral RNA. Similarly, Takara Bio Inc., Agappediagnostics, PHASE SCIENTIFIC INTERNATIONAL LTD and others have also introduced dedicated viral RNA extraction kits for COVID-19. Thus, the high demand from medical professionals and researchers to control the spread of COVID-19 pandemic is anticipated to fuel the growth of global DNA/RNA extraction kit market.
Global DNA/RNA Extraction Kit Market Segmentation:
Global DNA/RNA Extraction Kit Market By Type (Total RNA, Cell-Free DNA, Viral DNA/RNA, Purified RNA, Sequence-Specific DNA/RNA, Others); By Format (Automated, Manual); By Kit Size (Miniprep, Midiprep, Maxiprep, Others); By Sample Type (Blood, Nasal Swabs, Tissues, Saliva, Serum And Plasma, Stool, Cerebral Fluid, Others); By Application (CDNA Synthesis, Cloning, Real Time PCR, Microarray Analysis, Next-Generation Sequencing, Northern Blot Analysis, Pathogen Detection, Others); By End User (Hospitals, Laboratories, Others); By Sales Channel (Direct, Indirect); By Region (U.S., Canada, Mexico, Rest Of North America, The UK, France, Germany, Italy, Spain, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest Of Europe, China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest Of Southeast Asia), Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest Of Middle East & Africa, Brazil, Argentina, Rest Of Latin America) – Global Insights, Growth, Size, Comparative Analysis, Trends And Forecast, 2022 – 2030
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