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| Global DNA Extraction Kits Market Size |
DNA extraction kits are used for extracting and isolating nucleic acids from
biological samples used in molecular biology applications. These kits come with
the required reagents and columns for extracting high quality DNA from a range
of sample types including whole blood, body fluids, cell lines, and microbial
cultures. The growing demand for DNA from various research applications and
diagnosis of genetic disorders is propelling the growth of the DNA extraction
kits market.
The global
DNA extraction kits market is estimated to be valued at US$ 1604.41 million in
2024 and is expected to exhibit a CAGR
of 5.9% over the forecast period 2023 to 2030, as highlighted in a new
report published by Coherent Market Insights.
Market key trends:
Advancements in genomics technologies are accelerating the growth of the DNA
extraction kits market. Next generation sequencing technologies have enabled
large-scale sequencing of entire human genomes at reduced costs. To maximize
the utility of DNA samples obtained from various research studies, appropriate
extraction and isolation of high quality DNA is crucial. DNA extraction kits
ensure consistent and reproducible isolation of DNA irrespective of sample
types. They also minimize nucleic acid degradation and contain optimized buffer
formulations for efficient release and binding of DNA. This has increased the
adoption of DNA extraction kits among research laboratories and clinical
testing centers globally. Automated extraction platforms using these kits
further provide walkaway sample processing with consistent results. Rising
R&D investments in genomics is thus fueling the demand for DNA extraction
kits.
Segment Analysis
The global DNA Extraction Kits market is segmented into product type, type,
application and end-use. Based on product type, the market is categorized into
plasma separation kit, whole-blood extraction kit, and viral DNA/RNA extraction
kit. The viral DNA/RNA extraction kit segment currently dominates the market as
these kits are widely used for Covid-19 testing across various diagnostic
laboratories. Based on type, the DNA extraction kits market is bifurcated into
manual extraction kits and automated extraction kits. The automated DNA
extraction kits segment holds a larger share of the market owing to ease of
handling of the process and reduction of human errors.
Key Takeaways
Global
DNA Extraction Kits Market Size is estimated to be valued at US$
1604.41 million in 2024 and is expected to exhibit a CAGR of 5.9% over the forecast period 2023 to 2030.
Regional analysis related content comprises:
North America is projected to account for the largest share of the global DNA
extraction kits market during the forecast period. Increasing demand for early
disease diagnostics and growing number of diagnostic laboratories are major
factors driving market growth in this region. Furthermore, presence of
prominent market players and continuing research and development activities in
molecular diagnostics domain are boosting market growth.
Key players related content comprises:
Key players operating in the DNA Extraction Kits market are Sabra, Thermo
Fisher Scientific, Promega Corporation, iNtRON Biotechnology, Qiagen among
others.
The global
DNA Extraction Kits market is highly competitive with presence of several
global and mid-sized players. Key players are focusing on strengthening their
distribution networks and launching technologically advanced, unique products
to gain competitive advantage in the market. For instance, in 2020, Sabra launched
sample extraction kits for Covid-19 testing which could extract DNA/RNA from
respiratory samples with improved accuracy and efficiency.
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