A recent report published by Infinium Global Research on DNA-RNA sample preparation market provides an in-depth analysis of segments and sub-segments in global as well as regional DNA-RNA sample preparation market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional DNA-RNA sample preparation market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global DNA-RNA sample preparation market. According to the report the global DNA-RNA sample preparation market is projected to grow at a CAGR of 6.0% over the forecast period of 2018-2024.
The nucleic acids DNA and RNA are used to identify biological agents applicable for healthcare, and biosurveillance. The isolation of nucleic acids present in DNA and RNA are crucial to genetic analysis. The technologies, such as enzymatic digestion, genomic sequencing, and the polymerase chain reaction (PCR), are required for extraction and purification of nucleic acids from source samples. The DNA and RNA sample preparation kits are expected to dominate the market in 2017, owing to improved inventions that allow large-scale studies at a lower cost. In addition, high amount processing and greater application flexibility drive the demand for kits in the coming years. Workstation is used to automatically isolate nucleic acid and prepares samples for PCR or other applications such as sequencing. Thus, the workstation is likely to grow at the highest CAGR over the forecast period.
Growing requirement for DNA and RNA sample preparation to isolate nucleic acid in natural form. Moreover growing research in molecular biology analysis is likely to boost the growth of the market. In addition, increasing demand for the resource as testing permutations in laboratories and revealing experts to dangerous chemicals are likely to fuel the growth of the market. Furthermore, the rising trend of signing agreements by research organizations to boost the research in molecular biology are likely escalated the growth in DNA-RNA sample preparations market over the forecast period. On the other hand, the high cost associated with DNA-RNA sample preparations is likely to restrain the market over the forecast period.
Among the regions, North America accounted for the largest market share in the global DNA-RNA sample preparation market with over 40% share in the world market in 2017. Moreover, rapid growth in the markets of China and India are likely to promote growth in the Asia-Pacific region, as a result, this region is projected to grow at the highest CAGR over the forecast period.
The report on global DNA-RNA sample preparation market covers segments such as types, applications, and end user. On the basis of types, the global DNA-RNA sample preparation market is categorized into workstation, kits and reagents & consumables. On the basis of applications, the global DNA-RNA sample preparation market is categorized into clinical testing, diagnostic testing, and research application. On the basis of end user the global DNA-RNA sample preparation market is categorized into hospitals, diagnostic centers, academic & research institute, forensic labs, and contract research organization.
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section, the key trends and market size for each geography are provided over the period of 2016-2024. The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-Pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience growth at a CAGR of x.x% over the period of 2018-2024.
The report provides profiles of the companies in the global DNA-RNA sample preparation market such a Becton, Dickinson and Company, F. Hoffmann-La Roche, Agilent Technologies, Inc., DiaSorin S.p.A., Thermo Fisher Scientific, Inc., PerkinElmer, Inc., Illumina, Inc., Bio-Rad Laboratories Inc., and other companies.
The report provides deep insights on demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global DNA-RNA sample preparation market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of DNA-RNA sample preparation market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the DNA-RNA sample preparation market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players. This report will help manufacturers, suppliers, and distributors of the DNA-RNA sample preparation market to understand the present and future trends in this market and formulate their strategies accordingly.