The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s automated nucleic acid extraction devices market report forecasts the automated nucleic acid extraction devices market size to grow to $8.45 Billion by 2027, with a CAGR (compound annual growth rate) of more than 11%.

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Automated Nucleic Acid Extraction Devices Market Size Forecast
The global automated nucleic acid extraction devices market is expected to grow from $4.84 billion in 2022 to $5.42 billion in 2023 at a compound annual growth rate (CAGR) of 11.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global automated nucleic acid extraction devices market size is expected to grow to $8.45 billion in 2027 at a CAGR of 11.8%.

North America held the largest automated nucleic acid extraction devices market share.

Key Automated Nucleic Acid Extraction Devices Market Driver ­– Growth In Number Of Research And Development Activities
For example, according to data from the National Centre for Science and Engineering Statistics (NCSES), a US-based principal statistical agency within the National Science Foundation (NSF), in the United States, business expenditure on R&D performance increased by 9.1% from 2019 to $538 billion in 2020. Furthermore, the World Health Organisation (WHO), a Switzerland-based specialised health agency of the United Nations, reported in July 2022 that due to increased investment made by countries during the COVID-19 pandemic, the percentage of nations equipped to conduct genomic surveillance increased from 54% to 68% between March 2021 and January 2022. As a result, the expanding number of research and development activities is propelling the automated nucleic acid extraction devices market forward.

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Key Automated Nucleic Acid Extraction Devices Market Trend – Product Innovation
To maintain their market position, major businesses in the automated nucleic acid extraction devices market are offering revolutionary products. For example, Aurora Biomed, a manufacturer of automated medical equipment based in Canada, introduced the VERSA NAP Automated DNA Extraction Systems (also known as the automated nucleic acid extraction system) in August 2022 to automate DNA and RNA extractions and related purification protocols. The system can process 1-96 samples at once and is capable of isolating pure, high-quality DNA or RNA using its plate grippers and transporters, as well as producing high nucleic acid findings.

Automated Nucleic Acid Extraction Devices Market Segment
1) By Type: Instruments, Kits, Consumables
2) By Product: Fully Automated, Semi-Automated
3) By End User: Hospitals, Diagnostic Centers, Forensic Laboratories, Pharmaceutical and Biotechnology Companies, Academic Research Institutes

Automated Nucleic Acid Extraction Devices Market Major Players and Strategies
Major players in the automated nucleic acid extraction devices market are QIAGEN N.V., PerkinElmer Inc., F. Hoffmann-La Roche AG, Die Analytik Jena GmbH, Thermo Fisher Scientific Inc., Accubiomed Co. Ltd., AutoGen Inc., Bioneer Corporation, Illumina Inc., Tecan Trading AG, Merck KGaA, Becton Dickinson and Company, DiaSorin Molecular LLC, BioTeke Corporation (wuxi) Co. Ltd., Tianlong-Xi’an TianLong Science and Technology Co. Ltd., Jiangsu Bioperfectus Technologies Co. Ltd., and Hangzhou Bloer Technology Co. Ltd.

In January 2023, ALS Limited, an Australia-based analytical and testing services company, paid an undisclosed sum to Nuvisan GmbH for Invitek Molecular GmbH. ALS intends to use this acquisition to extend its diagnostic skills and services in order to provide comprehensive solutions to its clients, leveraging Invitek’s technical expertise and experience to provide a complete one-stop-shop solution. Invitek Molecular GmbH is a manufacturing firm established in Germany that specialises in automated DNA/RNA extraction and nucleic acid purification solutions.

The Automated Nucleic Acid Extraction Devices Global Market Report 2023 covers regional data on automated nucleic acid extraction devices market size, automated nucleic acid extraction devices market trends and drivers, opportunities, strategies, and automated nucleic acid extraction devices market competitor analysis. The countries covered in the automated nucleic acid extraction devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The equipment utilised for the major amplification procedures such as isolation, purification, and concentration to detect specific pathogens in the molecular diagnostic method is referred to as automated nucleic acid extraction machines. When compared to manual extraction of nucleic acids from the same number f samples, these save time and labour.

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