Claim your 30% discount on Global Market Reports with code ONLINE30. Limited time only.
How Has The Automated Nucleic Acid Extraction Devices Market Size Shifted, And What Is the Outlook Through 2034?
The market size for automated devices designed for nucleic acid extraction has seen rapid expansion in the past years. It is projected to rise from $5.93 billion in 2024 to $6.58 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 10.9%. The extraordinary growth observed in the historical period is due to increased demands for molecular diagnostic tests, heightened awareness about automation benefits, growth within the pharmaceutical and biotech sectors, government-driven initiatives endorsing molecular diagnostics, and upsurge in demand for molecular diagnostics.
In the coming years, the market size for automated nucleic acid extraction devices is predicted to experience significant growth. The market is projected to reach $11.15 billion by 2029, with a compound annual growth rate (CAGR) of 14.1%. This growth during the forecasted period can be credited to a rise in the requirement for personalized medicine, a growing need for automation, heightened focus on precision medicine, an increased demand for point-of-care testing, and integration with next-generation sequencing. Key trends during this period include technological progress, growing requirement for molecular diagnostics, miniaturization of automated systems, advancement in point-of-care testing, and the incorporation of artificial intelligence (AI) and data analytics.
Download a free sample to assess the report’s scope and structure:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9421&type=smp
Which Factors and External Forces Are Driving Demand in the Automated Nucleic Acid Extraction Devices Market?
The escalating number of research and development undertakings is predicted to catalyze the expansion of the automated nucleic acid extraction devices market. Businesses perform these operations to collect valuable market data before embarking on the development process, thus enabling the introduction of new products and services that enhance their bottom line. Automated nucleic acid extraction devices are utilized in research and development initiatives related to clinical diagnosis, biological analysis, and environmental monitoring, thereby aiding the creation of innovative solutions. For instance, the World Health Organization (WHO), a specialized health agency part of the United Nations headquartered in Switzerland, reported in July 2022 that thanks to the increased investments of nations during the COVID-19 pandemic, from March 2021 to January 2022, the proportion of countries capable of performing genomic surveillance increased from 54% to 68%. Consequently, the increasing number of research and development ventures is spurring the growth of the automated nucleic acid extraction devices market.
Which Segments in the Automated Nucleic Acid Extraction Devices Offer the Most Growth?
The automated nucleic acid extraction devicesmarket covered in this report is segmented –
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
Subsegments:
1) By Instruments: Automated Extractors, Liquid Handling Systems
2) By Kits: DNA Extraction Kits, RNA Extraction Kits, Viral Nucleic Acid Extraction Kits
3) By Consumables: Reagents, Columns, Tips And Tubes
Request customized data on this market:
https://www.thebusinessresearchcompany.com/customise?id=9421&type=smp
What Are the Fastest-Growing Geographies in the #Which Factors and External Forces Are Driving Demand in the Automated Nucleic Acid Extraction Devices Market?# Market?
North America was the largest region in the automated nucleic acid extraction devices market in 2024. The regions covered in the automated nucleic acid extraction devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Which Cutting-Edge Market Trends Are Expected to Drive theAutomated Nucleic Acid Extraction Devices Market’s Growth?
The advancement of product innovation is a notable trend in the automated nucleic acid extraction devices market, with leading companies launching novel products to maintain their market stance. One such example occurred in August 2022, when Aurora Biomed, a Canada-based automated medical equipment manufacturer, unveiled the VERSA NAP Automated DNA Extraction Systems, also known as the automated nucleic acid extraction system. This system was designed to streamline procedures related to DNA and RNA extractions and their subsequent purification. The system has the capacity to handle 1-96 samples simultaneously and boasts an ability to extract pure, high-quality DNA or RNA using its plate grippers and transporters, yielding high nucleic acid results.
View the full report here:
What Are the Key Elements That Define the Automated Nucleic Acid Extraction Devices Market?
Automated nucleic acid extraction devices refer to the equipment used for the major amplification processes such as isolation, purification, and concentration to detect specific pathogens in the molecular diagnostic method. These are used to save time and labor when compared to manual extraction of nucleic acids from the same number of samples.
Purchase the full report and get a swift delivery:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=9421
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.
Get in touch with us:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 310-496-7795
Europe +44 7882 955267
Asia & Others +44 7882 955267 & +91 8897263534
Email us at info@tbrc.info
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model