This DNA/RNA Extraction Kit Market research report contains a complete background analysis of the industry, which includes an assessment of the parental market. All the statistical and numerical that have been forecasted in this report is represented with the help of graphs, charts, or tables which makes this report more user-friendly. This DNA/RNA Extraction Kit Market report contains a thorough description, competitive scenario, wide product portfolio of key vendors, and business strategy adopted by competitors along with their SWOT analysis and porter’s five force analysis. Whether it is about renewing a business plan, preparing a presentation for a key client, or giving recommendations to an executive, this DNA/RNA Extraction Kit Market report will surely help you to a degree.
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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. 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.
Global DNA/RNA Extraction Kit Market:
- Total RNA
- Cell-free DNA
- Viral DNA/RNA
- Purified RNA
- Sequence-Specific DNA/RNA
By Kit Size
By Sample Type
- Nasal Swabs
- Serum and Plasma
- Cerebral Fluid
- cDNA Synthesis
- Real Time PCR
- Microarray Analysis
- Next-Generation Sequencing
- Northern Blot Analysis
- Pathogen Detection
By End User
By Sales Channel
- North America
- Rest of North America
- The UK
- Nordic Countries
- Benelux Union
- The Netherlands
- Rest of Europe
- Asia Pacific
- New Zealand
- South Korea
- Southeast Asia
- Rest of Southeast Asia
- Rest of Asia Pacific
- Middle East and Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
- Latin America
- Rest of Latin America
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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.
Key Questions Answered with this Study
1) What makes DNA/RNA Extraction Kit Market feasible for long term investment?
2) Know value chain areas where players can create value?
3) Teritorry that may see steep rise in CAGR & Y-O-Y growth?
4) What geographic region would have better demand for product/services?
5) What opportunity emerging territory would offer to established and new entrants in DNA/RNA Extraction Kit market?
6) Risk side analysis connected with service providers?
7) How influencing factors driving the demand of DNA/RNA Extraction Kit in next few years?
8) What is the impact analysis of various factors in the DNA/RNA Extraction Kit market growth?
9) What strategies of big players help them acquire share in mature market?
10) How Technology and Customer-Centric Innovation is bringing big Change in DNA/RNA Extraction Kit Market?
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