Nucleic Acid Extraction and Purification Instrument Market was valued at USD 2.5 Billion in 2022 and is projected to reach USD 5.0 Billion by 2030, growing at a CAGR of 9.1% from 2024 to 2030.
The global nucleic acid extraction and purification instrument market was valued at approximately USD 1.2 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 8.5% from 2022 to 2030. The growth of this market can be attributed to the increasing demand for high-throughput sequencing, advancements in genomic research, and the rising prevalence of genetic disorders. Additionally, the integration of automation and robotics in nucleic acid extraction processes is driving the adoption of these instruments, enhancing efficiency and accuracy in research and clinical laboratories.
Opportunity analysis reveals significant potential in emerging markets, particularly in Asia-Pacific and Latin America, where investments in healthcare infrastructure and research capabilities are on the rise. As these regions experience economic growth and increased focus on personalized medicine, the demand for advanced nucleic acid extraction and purification technologies is expected to surge. Furthermore, the growing trend towards genomics-based diagnostics and the expansion of biotech and pharmaceutical industries are anticipated to fuel market opportunities in these regions, offering a fertile ground for future market expansion.
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MGI Tech
Vazyme Biotech
Thermo Scientific
Hybribio Biotech
Tiangen Biotech
RayKol Group
CapitalBio Technology
Shinva Medical Instrument
Beaver
JET Bio-filtration
Aurora Biomed
Microdiag Biomedicine Technology
Lepu Medical
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Nucleic Acid Extraction and Purification Instrument Market
Hospital
Clinic
Other
Based on Types the Market is categorized into Below types that held the largest Nucleic Acid Extraction and Purification Instrument market share In 2023.
Fully Automatic
Semi-automatic
Other
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Nucleic Acid Extraction and Purification Instrument Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Nucleic Acid Extraction and Purification Instrument Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Nucleic Acid Extraction and Purification Instrument Market, By Type
6. Global Nucleic Acid Extraction and Purification Instrument Market, By Application
7. Global Nucleic Acid Extraction and Purification Instrument Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Nucleic Acid Extraction and Purification Instrument Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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