Nucleic Acid Isolation and Purification Market by Product, Technology, Application, & End Users - Global Forecast to 2020 for the $3.8 Billion Industry

Dec 17, 2015, 06:15 ET from Research and Markets

DUBLIN, December 17, 2015 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/rzksvl/nucleic_acid) has announced the addition of the "Nucleic Acid Isolation and Purification Market - Global Forecast to 2020" report to their offering. 

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The global nucleic acid isolation and purification market is valued at USD 2,560.31 Million in 2015 and is expected to reach USD 3,837.42 Million by 2020, at a CAGR of 8.43% from 2015 to 2020. 

The top leaders in nucleic acid isolation and purification market include QIAGEN N.V., Thermo Fisher Scientific, Inc., Sigma-Aldrich Co. LLC, Agilent Technologies Inc., Illumina, Inc., Takara Bio, Inc., Promega Corporation, General Electric Company, F. Hoffmann-La Roche AG, Danaher Corporation, and Bio-Rad Laboratories. 

The market is primarily driven by factors such as increasing R&D expenditures, technological advancements and increasing automation, availability of benchtop instruments, and increasing investments from pharma companies. However, increasing market consolidation and low penetration of automated nucleic acid purification procedures in emerging economies are the major factors hindering the growth of this market. 

This report segments the global nucleic acid purification market by products, technology, applications and end users. On the basis of product, the market is segmented into instruments, kits, and reagents. In 2015, the kits segment is expected to account for the largest share of the global market due to their low cost and easy usage in applications such as gene sequencing, molecular diagnostics, and gene cloning. 

On the basis of technology, the nucleic acid isolation and purification market is segmented into column-based isolation and purification, reagent-based isolation and purification, magnetic bead-based isolation and purification, and other technologies. 

In 2015, the column-based isolation and purification segment is expected to account for the largest share of the global market. The technology is cost-effective, simpler, and faster when compared to organic extraction, and can also be automated. 

On the basis of application, the nucleic acid isolation and purification market is segmented into plasmid DNA isolation and purification, total RNA isolation and purification, blood DNA isolation and purification, genomic DNA isolation and purification, messenger RNA isolation and purification, microRNA isolation and purification, PCR clean-up and other applications. 

In 2015, the plasmid DNA isolation segment is expected to account for the largest share of the global market. Purified plasmid DNA is widely used in a variety of downstream applications such as PCR, sequencing, expression of proteins, gene therapy, and transfection. 

On the basis of end user, the nucleic acid purification market is segmented into academic and government research institutes, pharmaceutical and biotechnology companies, contract research organizations, hospitals and diagnostic centers, and other end users. 

In 2015, the academic and government research institutes segment is expected to account for the largest share of the global nucleic acid purification market. This large share is attributed to the increasing research activities and use of nucleic acid test in molecular diagnostics. 

For more information visit http://www.researchandmarkets.com/research/rzksvl/nucleic_acid

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