DNA and RNA sample preparation offer easy accessibility to nucleic acids in a natural form and also removes unwanted contaminants. Key players are focused on introducing automated workstations to allow faster, refined, and consistent DNA and RNA extraction. These workstations are compatible with various kits, reagents and lab ware.
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The global DNA and RNA sample preparation market is estimated to account for US$ 1,541.3 Mn in terms of value in 2018 and is expected to reach US$ 2,327.7 Mn by the end of 2027.
Global DNA and RNA Sample Preparation Market: Drivers
Growing investment in life science research is projected to boost growth of the global DNA and RNA sample preparation market. For instance, in February 2020, Purdue-affiliated Amplified Sciences LLC and Brightlamp Inc. received approvals for up to US$ 250,000 each from the Purdue Foundry Investment Fund for R&D in life science technologies.
Additionally, collaborative efforts and initiatives to identify therapies for difficult-to-treat illnesses is again projected to support growth of the market. For instance, in February 2020, Cellectricon (Molndal), a Sweden–based pharmaceutical company collaborated with StressMarq Biosciences, a Canada-based life sciences reagents supplier, for R&D in neurodegenerative diseases.
Global DNA and RNA Sample Preparation Market: Restraints
High cost of products and low investments are projected to restrict growth of the global DNA and RNA sample preparation market. Researches in the life science sector are complex and have uncertainties in terms results. This in turn increases R&D and product cost and restrict users from investing in such expensive products.
Moreover, challenges in handling RNA are again projected to hinder growth of the market. The presence of RNases is a major challenge in isolating, manipulating, or analyzing RNA. RNases are extremely stable and very active nucleases capable of degrading the RNA.
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Global DNA and RNA Sample Preparation Market: Opportunities
Using quality control tools to extract data on nucleic acid quantification, integrity, and sizing of fragments in next-generation sequencing is projected to provide lucrative growth opportunities for players in the market. Quality control tools can aid in maintaining clean samples that are free from contaminants.
Moreover, key players are also focus on digitalization in the life science sector through adoption of technologies such as wearable devices and artificial intelligence. Digital technology can be used for routine tasks such regulatory filings.
DNA sample preparation segment in the global DNA and RNA sample preparation market was valued at US$ 570.9 Mn in 2018 and is expected to reach US$ 932.0 Mn by 2027 at a CAGR of 5.5% during the forecast period.
Market Trends/Key Takeaways
The market is experiencing emergence of new field of scientific investigation in the form of RNA interference (RNAi). It is a biological process targeted mRNA molecules are neutralized to restrict gene expression or translation in RNA molecules.
Key companies are focused on R&D in COVID-19 virus. For instance, in February 2020, Covaris, Inc. launched two new kits for viral RNA extraction from nasal or throat swab sample collection devices that include truXTRAC Viral RNA Extraction kit using Puritan Swabs and truXTRAC-PCR Direct Viral RNA Extraction kit.
Global DNA and RNA Sample Preparation Market: Competitive Landscape
Major players operating in the global DNA and RNA sample preparation market include, Agilent Technologies, Inc., Becton, Dickinson and Company, Bio-Rad Laboratories Inc., DiaSorin S.p.A, F. Hoffmann-La Roche, Miroculus, Inc., Illumina, Inc., PerkinElmer, Inc., QIAGEN, Sigma Aldrich Corp., Tecan Group AG, and Thermo Fisher Scientific, Inc.
Global DNA and RNA Sample Preparation Market: Key Developments
Major players are focused on introducing new products to expand their product portfolio. For instance, in February 2020, Miroculus, Inc. launched Miro Canvas, a system that can simplify, automate, and miniaturize complex protocols such as next generation sequencing library preparation, at the Advances in Genome Biology and Technology conference held in the U.S.
Key players in the market are also focused on adopting partnership strategies to expand their product portfolio. For instance, in March 2020, Fluidigm Corporation, a provider of microfluidics technology, partnered with Next Gen Diagnostics, a provider of automation in pathogen bioinformatics, under which the later will use the Fluidigm Juno system for pathogen whole genome sequencing sample preparation in exchange of milestone payments starting in 2020 and additional revenue to Fluidigm Corp.
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Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 DNA and RNA Sample Preparation Market Size Analysis from 2021 to 2028
11.6 COVID-19 Outbreak: DNA and RNA Sample Preparation Industry Impact
Chapter 2 Global DNA and RNA Sample Preparation Competition by Types, Applications, and Top Regions and Countries
2.1 Global DNA and RNA Sample Preparation (Volume and Value) by Type
2.3 Global DNA and RNA Sample Preparation (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global DNA and RNA Sample Preparation Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America DNA and RNA Sample Preparation Market Analysis
Chapter 6 East Asia DNA and RNA Sample Preparation Market Analysis
Chapter 7 Europe DNA and RNA Sample Preparation Market Analysis
Chapter 8 South Asia DNA and RNA Sample Preparation Market Analysis
Chapter 9 Southeast Asia DNA and RNA Sample Preparation Market Analysis
Chapter 10 Middle East DNA and RNA Sample Preparation Market Analysis
Chapter 11 Africa DNA and RNA Sample Preparation Market Analysis
Chapter 12 Oceania DNA and RNA Sample Preparation Market Analysis
Chapter 13 South America DNA and RNA Sample Preparation Market Analysis
Chapter 14 Company Profiles and Key Figures in DNA and RNA Sample Preparation Business
Chapter 15 Global DNA and RNA Sample Preparation Market Forecast (2021-2027)
Chapter 16 Conclusions
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