Regional and country-level analysis and forecasts of the North America Nucleic Acid Isolation and Purification Market, providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions those are still untapped
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According to the report “North America Nucleic Acid Isolation And Purification Market By Product ( Kits, Reagents, Instruments), Technology (Column Based, Reagent Based, Magnetic Bead Based), Application (Plasmid DNA, Genomic DNA, Micro RNA, Blood DNA, Messenger RNA, Total RNA, PCR Clean-up) And End Users(Academic And Government Research Institutes, Pharmaceutical And Biotechnology Companies, Contract Research Organizations, Hospitals And Diagnostic Centres) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2016–2021)” published by Market Data Forecast, the North America Nucleic Acid Isolation and Purification Market was worth USD 1.05 billion in 2016 and estimated to be growing at a CAGR of 8.96%, to reach USD 1.99 billion by 2021.
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Nucleic acid isolation and purification is a primary step in molecular biology studies and recombinant DNA techniques. Nucleic acid isolation and purification is a set of molecular biology techniques used for the extraction and purification of DNA and RNA for use in downstream applications.
The nucleic acid isolation reduces the nucleic acid loss, helps in processing the samples in minimum time and increases the effectiveness and the efficiency of the laboratory.
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In addition, it helps in the purification of the nucleic acid. Other than magnetic bead-based, reagent-based and column-based, there are some vital technologies that are used in the nucleic acid isolation and purification like anion exchange-based and glass fibre-based technology.
Demand of the pharmaceutical and biotechnological industries for pure nucleic acids, usage of nucleic acids in the tests for the diagnosis, genetic engineering, forensics, life science research and molecular diagnostics, government funding in R&D, technological innovations, new developments in the molecular diagnostics and genotyping and the expression analysis are the key drivers of the market. However, high price of the instruments, there is low market penetration for the purification procedures and the isolation of the automated nucleic acid in the developing countries are hindering the market growth.
The North America Nucleic Acid Isolation and Purification market is categorized into product, technology, application, end user, and geography. On the basis of product, the market is segmented into reagents, kits and instruments.
Based on various type of technology, the market can be segmented as column based, reagent-based, magnetic bead based and others for DNA and RNA isolation and purification. Application segments of this market includes genomic DNA isolation and purification, micro RNA isolation and purification, blood DNA isolation and purification, mRNA isolation and purification, plasmid DNA isolation and purification, total RNA isolation and purification and PCR clean up.
The end-users of the market are pharmaceutical and biotechnology companies, academic and government research institutes, contract research organizations, hospitals and diagnostic centers.
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In the North America market, academic research organizations have the major share. The North America market has been geographically segmented into segmented into US and Canada.
As of 2016, North America leads the global nucleic acid isolation and purification market, accounting for more than 34% of the entire market share. The increased government funding focused on enhancing the isolation facility is the prime growth driver for the market in this region.
Key players in the North America Nucleic acid isolation and purification market are Qiagen, Bio-Rad Laboratories Inc, Illumina Inc, Agilent Technologies Inc, Thermo Fischer Scientific Inc, F. Hoffmann-La Roche AG, Sigma-Aldrich Co. LLC, General Electric Company, Danaher Corporation, Promega Corporation, Life Technologies, Roche Applied Sciences, Takara Bio, Inc..
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