Rise in investment in R&D by the private and government sectors resulting in the increase in research laboratories is fueling the market.
Market Size – USD 2.61 Billion in 2018, Market Growth – CAGR of 7.9%, Market Trends – Growing research and awareness in healthcare.
The global Deoxyribonucleic Acid (DNA) Purification Market is forecasted to reach USD 4.96 billion by 2026, according to a new report by Reports and Data.
There has been an increase in the laboratories in developing nations owing to the increase in investment in R&D by government and private sectors. Investment in research and awareness of the importance of diagnostics in healthcare is also driving the market. The DNA purification market is highly fragmented due to the presence of various international and regional vendors.
North America holds the largest market share, followed closely by Europe. The high cost of instruments and expensive research procedures are not an issue in developed regions. Availability of skilled workers and advancement in technology is also boosting the market in these regions. APAC is forecasted to have the highest growth rate in the year 2026, owing to the emergence of research and clinical testing laboratories. The government in this region are focused on organizing capital spending programs for research laboratories and academic institutions to encourage the growth of the market.
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The report provides comprehensive assessment of the market covering key elements such as revenue estimations, cost analysis, import/export, production and consumption trends, CAGR, gross margin, and supply & demand patterns. It also sheds light on recent technological developments, product advancements, and research and development activities in the region.
The report examines the key players operating in the market along with their market position, market share, revenue, gross margin, and business strategies. SWOT analysis and Porter’s Five Forces Analysis are used to examine and assess the market and its players. It also covers recent mergers and acquisitions, joint ventures, collaborations, agreements, partnerships, and product launches and brand promotions.
Key companies profiled in the report include:
QIAGEN, ThermoFisher Scientific, Inc., Illumina, Inc., Danaher, F. Hoffmann-La Roche Ltd., Merck KGaA, Agilent Technologies, Bio-Rad Laboratories, Inc., General Electric Company (GE Healthcare), and Promega Corporation among others.
Market Segmentation by Types:
Type Outlook (Revenue, USD Million; 2018-2026)
Purity Process Outlook (Revenue, USD Million; 2018-2026)
Application Outlook (Revenue, USD Million; 2018-2026)
End-User Outlook (Revenue, USD Million; 2018-2026)
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Regional analysis covers in-depth analysis of analysis of the revenue, market share, and growth rate of the global Deoxyribonucleic Acid (DNA) Purification market in each region for the forecast period of 2021-2028. The report covers production and consumption rate, current and emerging trends, import/export, supply and demand, and presence of key players in each region.
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Key Segments Covered in the Deoxyribonucleic Acid (DNA) Purification Report:
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