The isolation and purification of nucleic acids is a method of molecular biology such as Sequencing, cloning, polymerase chain reaction and recombinant DNA techniques. These techniques are widely used in the field of research in life sciences, forensics and molecular diagnostics and genetic engineering. Some of the important technologies used in nucleic acids. Isolation and purification rely on magnetic beads, reagents, columns and other technologies
Asia Pacific Nucleic Acid Isolation and Purification Market size was around USD 0.52 billion in 2018. It is expected to grow at a CAGR of 9.54% to reach USD 0.81 billion by 2023.
Drivers and Restraints:
Increasing demand for nucleic acids in the pharmaceutical and biotechnological industries, rising funds by the government, increased investments in R&D, growth in techniques like molecular diagnostics, genetic engineering and forensics, available of large bench top instruments. However high cost of instruments related to these procedures are affecting the growth of the market.
The Asia Pacific Nucleic Acid Isolation and Purification market has geographically segmented into China, India, Japan, South Korea, and Australia. Asia Pacific is one of the most lucrative markets for the growth of Nucleic acid isolation & purification market and is projected to grow the highest during the forecast period. Factors such as growing demographics and emerging economies in countries such as India and China are anticipated to lead the growth of the market in this region.
Major companies in the market are Qiagen, Bio-Rad Laboratories Inc, Illumina Inc, Agilent Technologies Inc, Thermo Fischer Scientific Inc, F. Hoffmann-La Roche AG, Sigma-Aldrich Co. LLC, General Electric Company, Danaher Corporation, Promega Corporation, Life Technologies, Roche Applied Sciences, Takara Bio, Inc. etc.
Scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.