Key Insights into the Nucleic Acid Extraction Instruments And Reagents Market: Trends, Growth Rate, and Opportunities Through 2034
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What External and Internal Drivers Are Contributing to the Growth of theNucleic Acid Extraction Instruments And Reagents Market?
The surge in chronic diseases’ incidence is anticipated to fuel the expansion of the nucleic acid extraction instruments and reagents market. Chronic diseases refer to long-lasting health conditions which often steadily progress and persist for a long duration. They are particularly pertinent in molecular diagnostics and research, where nucleic acid extraction instruments and reagents have a vital role. The tools are essential for the investigation, diagnosis, surveillance, and therapy of chronic diseases, facilitating genetic testing, biomarker assessment, research, pharmacogenomic testing, and disease tracking. These contribute to a comprehensive comprehension and control of persistent conditions. For example, the World Health Organization, a specialized agency of the United Nations based in Switzerland, reported 41 million deaths in September 2023, which is 74% of the yearly global deaths caused by non-communicable diseases (NCDs) or chronic diseases. It included 17.9 million deaths due to cardiovascular diseases, 9.3 million from cancer, 4.1 million from persistent respiratory diseases, and 2.0 million from diabetes. Hence, the escalating prevalence of chronic diseases is encouraging the growth of the nucleic acid extraction instruments and reagents market.
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#What is the Growth Potential of the Nucleic Acid Extraction Instruments And Reagents Market, and How Will It Perform by 2034?
The market for nucleic acid extraction instruments and reagents has seen substantial growth in the past few years. It is projected to rise from a valuation of $4.56 billion in 2024 to about $5.01 billion in 2025, reflecting a compound annual growth rate (CAGR) of 9.9%. This growth throughout the historical period can be traced back to advancements in genomic research, expansions in clinical diagnostics, the rise of next-generation sequencing, a growing incidence of genetic disorders, and a global emphasis on infectious disease research.
It is predicted that the market for nucleic acid extraction instruments and reagents will experience accelerated expansion in the coming years, with projections estimating its value at $7.84 billion in 2029, exhibiting a compound annual growth rate (CAGR) of 11.9%. The anticipated growth can be attributed to several factors, including the accelerated development in personalized medicine, expansion of point-of-care testing, an increased emphasis on rare diseases, and advances in cancer research. Key trends that are expected to define the market during the forecast period are applications in agricultural biotechnology, technological innovation in automation, a surge in biotechnology, environmental DNA (EDNA) analysis, and the use of blockchain for genomic data security.
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Which Upcoming Market Trends and Innovations Are Set to Influence theNucleic Acid Extraction Instruments And Reagents Market’s Path Forward?
Key players in the nucleic acid extraction instruments and reagents market are taking strides towards innovation, specifically by developing cutting-edge nucleic acid extraction systems. These systems are essentially laboratory equipment and technologies aimed at extracting and purifying DNA and RNA from a variety of biological samples, including blood, tissues, cells, and other fluids. An example of this can be seen in the launch of the sbeadex Lightning nucleic acid extraction method by LGC Biosearch Technologies, a biotechnology firm in the UK, in January 2024. This progressive method revolutionizes DNA purification by allowing high purity extraction from plant and animal specimens within 5 minutes. It transforms the conventional five-step process into bind, wash, and elute, thus saving up to 40 minutes per sample and increasing productivity by up to ten times. The DNA extracted generally boasts of high purity, characterized by 260/280 ratios between 1.7 and 2, thereby proving suitable for uses such as PCR and next-generation sequencing (NGS).
Who Are the Dominant Market Players Pushing the Boundaries of theNucleic Acid Extraction Instruments And Reagents Market?
Major companies operating in the nucleic acid extraction instruments and reagents market include Thermo Fisher Scientific Inc., F Hoffmann-La Roche Ltd., Merck Group, Corning Incorporated, Agilent Technologies Inc., PerkinElmer, Illumina Inc., Beckman Coulter, Bio-Rad Laboratories Inc., Qiagen NV, Eppendorf AG, LGC Biosearch Technologies, Promega Corporation, RBC Bioscience Corp., Takara Bio Inc., Meridian Bioscience, Bioneer Corporation, Macherey-Nagel, New England Biolabs, Miltenyi Biotec, Omega Bio-tek, BioVision Inc., Norgen Biotek Corp., Biosan Laboratories Inc., G-Biosciences, ADS Biotec Inc., BioChain Institute Inc., Lucigen Corporation.
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The nucleic acid extraction instruments and reagents market covered in this report is segmented –
1) By Type: Instruments, Spin Columns, Beads Or Magnetic Beads, Automated Nucleic Acid Extraction Systems, Extraction Kits And Reagents And Consumables, Other Types
2) By Extraction Type: DNA Extraction, DNA Or RNA Extraction, RNA Extraction
3) By Method: Solution-Based Methods, Solid-Phase-Based Methods
4) By End User: Academic Research Institutes, Hospitals And Diagnostic Centers, Pharmaceutical And Biotechnology Industry, Contract Research Organizations (CROs), Other End Users
Subsegments:
1) By Instruments: Manual Extraction Instruments, Automated Extraction Instruments, Specialized Nucleic Acid Extractors
2) By Spin Columns: Standard, High-Throughput, Specialized
3) By Beads Or Magnetic Beads: Silica-Based Beads, Magnetic Beads For DNA Or RNA Extraction, Functionalized Beads For Nucleic Acid Binding
4) By Automated Nucleic Acid Extraction Systems: Fully Automated Systems, Semi-Automated Systems
5) By Extraction Kits And Reagents And Consumables: DNA Extraction Kits, RNA Extraction Kits, Reagents For Nucleic Acid Purification, Consumables
6) By Other Types: Specialized Extraction Methods, Hybrid Methods
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What Regions Are Dominating the Nucleic Acid Extraction Instruments And Reagents Market Growth?
North America was the largest region in the nucleic acid extraction instruments and reagents market in 2024. The regions covered in the nucleic acid extraction instruments and reagents market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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