The method used to isolate DNA from a biological material is called DNA extraction. It is a technique used to separate DNA from cell membranes, proteins, and/or other biological components using physical or chemical procedures from a sample. DNA can be used for molecular studies such as PCR, electrophoresis, sequencing, fingerprinting, and cloning after it has been extracted. Four basic processes make up the DNA testing procedure: extraction, quantification, amplification, and capillary electrophoresis. These extractions are mostly used for DNA profiling of different species to comprehend and/or identify the unknown entity.
Click Here to Get a Sample Copy @ https://www.coherentmarketinsights.com/insight/request-sample/5230
☛ Market Statistics :
By the end of 2021, the market for DNA extraction kits is anticipated to be worth US$ 1,489.7 million.
☛ Drivers :
Over the course of the projected period, the global COVID-19 epidemic is anticipated to fuel market expansion for DNA extraction kits. For instance, a number of DNA and RNA based COVID-19 kits have been developed and released as a result of the high COVID-19 infection rate. For instance, PHASE Scientific introduced the PHASIFY VIRAL RNA extraction kit in April 2020 for the global identification of the COVID-19 virus. Additionally, pharmaceutical firms and researchers everywhere in the globe are concentrating on creating particular tests and kits for quick identification of SARS-CoV-2 (COVID-19).
☛ Opportunities :
The worldwide DNA extraction kits market is likely to see considerable growth as cancer incidence rates rise across the board. For instance, in a patient with any type of cancer, the circulation contains circulating tumour DNA, which is cell-free DNA derived from cancer cells (ctDNA). cfPure, a novel cell-free DNA extraction kit, was introduced by BioChain Institute Inc. in May 2018 for the effective separation and detection of circulating cell-free DNA (ccfDNA). As a result, it is anticipated that more people will utilise DNA extraction kits as the prevalence of cancer rises.
☛ Restraints :
Major obstacles to the growth of the worldwide market for DNA extraction kits include a lack of consumer knowledge of the products and their expensive price. For instance, technologically sophisticated DNA extraction kits are more costly than traditional approaches. Additionally, utilising various kits to extract DNA from samples of various sizes might be costly. The market offers new DNA extraction kits, which are also more expensive than the traditional variants.
☛ Impact :
The need for diagnostic tools and other critical care medical equipment has grown dramatically over the past two years as a result of the coronavirus’ quick spread. Numerous DNA/RNA-based COVID-19 kits were developed and released as a result of the high COVID-19 infection rate, research efforts by important firms in the field of sequencing to learn more about the virus and its origin, and molecular diagnostics of the SARS-CoV-2 virus. For instance, Thermo Fisher Scientific intended to produce nucleic acid isolation kits in India starting in September 2021. CoviPath RT-PCR Covid-19 test kits are currently being produced for Indian clients at a facility owned by Thermo Fisher Scientific.
☛ Key Takeaways :
The market for DNA extraction kits was valued at US$ 1,389.7 million in 2021 and is anticipated to grow at a CAGR of 7.7% from 2022 to 2028 to reach US$ 2,320.6 million.
The cell-free DNA segment, which accounted for 46.5% of the market for DNA extraction kits globally in terms of value in 2020, held a dominant position among products. Increasing product approval and the introduction of new ones are anticipated to drive segment growth over the course of the forecast period.
☛ Market Trends :
The launch of innovative products by industry players is anticipated to fuel market expansion for DNA extraction kits worldwide. For instance, Purigen Biosystems announced the release of the Ionic Cells to Pure DNA Low Input Kit in October 2020. This kit enables researchers to extract the most useable DNA possible from small amounts of biological materials. From as few as 10 grown or sorted cells, the Kit routinely recovers up to double the quantity of high-quality nucleic acid.
The main market players are anticipated to support the growth of the worldwide DNA extraction kits market by the introduction of new products and other expansion activities. For instance, Promega Corporation introduced the Wizard HMW DNA Extraction Kit in February 2020 to extract big DNA fragments from any biological sample.
☛ Competitive Landscape :
Agilent Technologies, Thermo Fisher Scientific, Bio-Rad Laboratories, QIAGEN, F. Hoffmann-La Roche, and PROMEGA, are a few of the major companies competing in the worldwide DNA extraction kits market.
☛ Recent Developments :
The QIAsymphony device has been installed 2,500 times, according to a statement made by QIAGEN in January 2020. These placements mark a significant accomplishment for the magnetic bead-based equipment made by QIAGEN. In the European market, QIAsymphony boasts the widest test portfolio of any platform in its category.
Thermo Fisher Scientific, Inc. and Hamilton Company worked together to create an automated nucleic acid extraction platform for forensic lab use in April 2020. With the use of the ID NIMBUS Presto assay, automatic DNA extraction from crime scene materials is made possible.
Ask For Discount Before Purchasing This Business Report : https://www.coherentmarketinsights.com/insight/request-discount/5230
☛ Table of Content :
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 DNA Extraction Kits Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: DNA Extraction Kits Industry Impact
Chapter 2 Global DNA Extraction Kits Competition by Types, Applications, and Top Regions and Countries
2.1 Global DNA Extraction Kits (Volume and Value) by Type
2.3 Global DNA Extraction Kits (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 Extraction Kits Sales, Consumption, Export, Import by Regions (2017-2022)
Chapter 5 North America DNA Extraction Kits Market Analysis
Chapter 6 East Asia DNA Extraction Kits Market Analysis
Chapter 7 Europe DNA Extraction Kits Market Analysis
Chapter 8 South Asia DNA Extraction Kits Market Analysis
Chapter 9 Southeast Asia DNA Extraction Kits Market Analysis
Chapter 10 Middle East DNA Extraction Kits Market Analysis
Chapter 11 Africa DNA Extraction Kits Market Analysis
Chapter 12 Oceania DNA Extraction Kits Market Analysis
Chapter 13 South America DNA Extraction Kits Market Analysis
Chapter 14 Company Profiles and Key Figures in DNA Extraction Kits Business
Chapter 15 Global DNA Extraction Kits Market Forecast (2022-2028)
Chapter 16 Conclusions
Buy This Complete Business Report @ https://www.coherentmarketinsights.com/promo/buynow/5230
Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
Coherent Market Insights
533 Airport Boulevard, Suite 400, Burlingame,
CA 94010, United States.
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027