Nucleic Acid Isolation and Purification Market Size, Trends, Share, Growth, and Opportunity Forecast, 2023 - 2030 Global Industry Analysis By Product Type (Kits, Reagents, Instruments, Accessories), By Application (Research, Diagnostics, Drug Discovery), By End-User (Academic, Hospitals, Biotech, CROs), By Sample Type (Blood, Tissue, Cell Cultures, Environment, Plants), By Technology (Column, Magnetic Bead, SPE, Automation), By Technique/Methodology (PCR, Plasmid Purification, Sequencing) and By Geography (North America, Europe, Asia Pacific, South America, and Middle East & Africa)

The global nucleic acid isolation and purification market was valued at USD 5,105.4 Million in 2022 and is anticipated to reach a value of USD 9,379.8 Million by 2030 expanding at a CAGR of 8.0% between 2023 and 2030.

Nucleic acids are vital in molecular biology and the life sciences. In the past few years there has been a remarkable growth in the world nucleic acid isolation and purification market. Through simple procedures of nucleic acid isolation and purification, one can extract and purify DNA and RNA from various biological samples, which are utilized in genomics, biotechnology, and diagnostic studies. This market encompasses various commodities and products needed for DNA and RNA isolation such as consumables, tools, reagents and kits among others. As such, increased demand for genomic research, personalized medicine, and molecular diagnostic is projected to fuel future expansion of the nucleic acid isolation & purification market. Growing research on genomic research such as genetics, infectious diseases, oncology, and others are among the driving factors in this market. With the technological advancements, the market of nucleic acid isolation and purification is going see a significant growth in the coming years.

Nucleic Acid Isolation and Purification Market Major Driving Forces

Advancement in Genomic Research: With the advancement in genomic and genetic research, the need for high quality nucleic acid is on all-time high. Thus, the need for nucleic acid isolation and purification technology is the need of the hour.

Growing Prevalence of Chronic Diseases: The need for molecular diagnostic tests has been fueled by the rising prevalence of chronic diseases, including cancer and infectious diseases. The accuracy of diagnosis depends upon the quality of the biological samples. This quality is ensured by nucleic acid isolation and purification technology.

Personalized Medicine: With the advancements in genetics and genomic technology, personalized medication and treatment is possible. However, for this high quality nucleic acid samples are required which can be ensured by this isolation and purification method.

Research on Infectious Diseases: Nucleic acids must be isolated and analyzed for diagnostic purposes as part of the continuous study on infectious diseases, which also includes emerging viruses and antibiotic resistance. The diagnostic and research sectors have experienced growth in the market as a result.

Nucleic Acid Isolation and Purification Market Key Opportunities

Growing Need for Molecular Diagnostics: The need for precise diagnosis is in the global demand due to growing number of chronic diseases. The precision of diagnosis is improved by the availability of high quality nucleic acid samples which is provided by nucleic acid isolation and purification technique.

Advancement is Genomic Research: Development ofpersonalized medicines, new drug and comprehending the genetic reasons of diseases are all possible due to advancements in genomic research. Since, genomic study is also heavily dependent on quality of biological samples, thus the market of nucleic acid isolation and purification technology is bound to grow.

Control of Infectious Diseases: The rise in infectious diseases such as global pandemic of COVID 19 has emphasized on the significance of diagnostics of infectious diseases based on nucleic acids. The vaccination development and advance diagnosis provides a significant opportunity for nucleic acid isolation and purification technique to thrive.

Nucleic Acid Isolation and Purification Market Key Trends

·         Automation is increasingly prevalent in the field of nucleic acid isolation and purification. Automated systems increase efficiency, decreases hands-on time and reduces human errors.

·         Integration of robotics and artificial intelligence has simplified the complexity of the tasks and improved efficacy.

·         It is becoming more and more apparent that nucleic acid isolation and purification procedures can be tailored according to the will and the need of the scientists and medical professionals leading to wide scale popularity.

·         The widening of the field of genomic research due to research on various diseases and ailments has been a new trend in this market.

Region-wise Market Insights

North America accounted for the largest market share at 37.2% in 2022 whereas, Asia Pacific is expected to register the fastest growth, expanding at a CAGR of 9.3% between 2023 and 2030.

In North America, the United States is a major player in the market of nucleic acid isolation and purification technology due to its strong foothold in the research and development in genetics and genomics studies. The traction for this technology in this region is attributed to advancement in biotechnology in this area. Similarly, in Europe, the Western Europe has big economies such as Germany, France, England and others and are very much interested in developing genetic engineering and biotechnology. Therefore, there is a high proliferation of nucleic acid isolation and purification in this region. In Asia- Pacific region, countries such as Japan, China and India are witnessing a sudden surge in the growth of nucleic acid isolation and purification market. The market is expanding due to investments in genomics research, a growing elderly population, and increased awareness of genetic abnormalities. Furthermore, a significant number of diagnostic centers and clinical laboratories in the area support market expansion.

Market Competition Landscape

The global nucleic acid isolation and purification market is a dynamic and growing sector where a variety of well-known multinational firms and specialist producers battle for market share and innovation. There are a few significant companies that are leading the global nucleic acid isolation and purification market. A few of these enormous corporations typically have a lot of products, wide distribution networks, and global exposure, to name a few of their qualities. Smaller, more niche companies do quit the market, but they focus on serving particular local customers and applications. Key players in the global nucleic acid isolation and purification market implement various organic and inorganic strategies to strengthen and improve their market positioning. Prominent players in the market include:

·         Qiagen

·         Thermo Fisher Scientific

·         Promega Corporation

·         Roche Diagnostics

·         Bio-Rad Laboratories

·         Agilent Technologies

·         New England Biolabs (NEB)

·         Macherey-Nagel

·         Takara Bio

·         Omega Bio-tek

·         Zymo Research

·         MagMAX (Thermo Fisher Scientific)