DNA Extraction Kits Market Poised for Significant Growth Accelerated by Advancements in Genetic Technique

 

DNA Extraction Kits Market

DNA extraction kits extract and isolate DNA from biospecimens including blood, tissues, feces, swabs and other samples for molecular analysis. The rising applications of DNA sequencing and increasing investments for genomics research have increased the demand for high quality DNA samples. Moreover, the compact size and simplicity of DNA extraction kits has made DNA isolation convenient. The global DNA Extraction Kits Market is estimated to be valued at US$ 1604.41 Mn in 2023 and is expected to exhibit a CAGR of 7.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

 

Market key trends:

Advancements in genetic techniques have accelerated the growth of the DNA Extraction Kits Market. Techniques like automated nucleic acid extraction have simplified and streamlined DNA isolation from various sample types including difficult samples. Automated platforms use advanced liquid handling consumables for faster and reliable isolation of nucleic acids. They eliminate manual errors and process multiple samples in parallel while maintaining uniformity, efficiency and reproducibility. This has increased the throughput of DNA extraction allowing efficient processing of large sample volumes required for large-scale genomic and population-based studies. Automated techniques are expected to gain increased acceptance especially in diagnostic laboratories, driving the demand for DNA extraction kits.

Segment Analysis

 

The global DNA extraction kits market is segmented by product type, sample type, end user, and region. By product type, the spin column-based DNA extraction kits segment dominated the market in 2022 due to benefits such as flexibility, high speed, and yield. Spin column-based kits involve the use of spin columns containing a silica membrane that allows easy and rapid binding, washing, and elution of DNA from liquid samples. By sample type, the blood sample segment accounted for the largest share in 2022 as blood is one of the most common sources of human genomic DNA. By end user, the academic and research institutes segment held the largest market share in 2022 due to high usage of DNA extraction kits in molecular biology research and genomics.

 

Key Takeaways

 

The Global DNA Extraction Kits Market Share is expected to witness high growth over the forecast period driven by significant research activities carried out by academic and research institutes.

 

Regional analysis: North America dominated the global market in 2022 and is expected to continue its dominance over the forecast period. This is attributed to factors such as presence of major market players and growing R&D investments for molecular diagnostics in the region.

 

Key players analysis: Key players operating in the DNA extraction kits market are Thermo Fisher Scientific, QIAGEN, PROMEGA, F. Hoffmann-La Roche, and Bio-Rad Laboratories. Thermo Fisher Scientific is one of the leading players owing to its broad product portfolio for DNA extraction.

Get More Insights Here

https://www.newsstatix.com/dna-extraction-kits-market-size-share-growth-outlook-2023/

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