The global demand for Nucleic Acid Extraction Instrument Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Nucleic Acid Extraction Instrument is an instrument used to extract DNA/RNA of biological samples which can be further used in various research in the areas of molecular biology, pathology, drug discovery, forensics and environmental research. This instrument can enable extraction from tissue, blood, swab, serum, bacteria, yeast, etc. It provides enhanced efficiency by purifying the nucleic acids via a sterilization cycle, safeguarding the extracted proteins from contamination and can have touch screen capabilities to control the entire process. A single extraction instrument can handle several samples at a time and provide consistent, reliable results. It can be automated and is a must for any forensic laboratory.
The nucleic acid extraction instrument is one the fastest developing products since isolation and extraction of nucleic acids can bring advancements in human life, agriculture and next-generation sequencing. The major driver of this market is the use of nucleic acid-based diagnostics in labs and pharmaceuticals to study various diseases and produce antimicrobial drugs. Another market booster is the application of nucleic acids in oncology for faster diagnosis and enables targeted cancer therapy. The nucleic acid extraction instrument will see tremendous growth during COVID -19 times since it is extensively used in various laboratories around the globe to find a vaccine that can put an end to the pandemic. The challenges faced by this market are lack of skilled labourers and higher investment costs. Another restraining factor that may affect this market is that a single error can have huge backlogs.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of nucleic acid extraction instrument.
The entire nucleic acid extraction instrument market has been sub-categorized into type and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Spin Column Method
- Magnetic Bead Method
- Scientific Research
- Diagnostic Center
- Food Safety Testing
- Environmental Sanitation Testing
This section covers regional segmentation which accentuates on current and future demand for nucleic acid extraction instrument market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Nucleic Acid Extraction Instrument Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the nucleic acid extraction instrument market include ADS Biotec, Bioneer Corporation, Hamilton Robotics, LexaGene, Biosan, Sacace Biotechnologies, Torontech Group International, Retsch, Nanobiosys, Taigen Bioscience, Others. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers& acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.