San Francisco, California, August 11, 2017 : TMR Research estimates a highly potent growth in the global nucleic acid isolation and purification market. The technology, while being cost-effective, simpler, and faster as compared to organic extraction, can also be automated. The rising focus on research along with development and expansion of application base comprise the crucial factors likely to encourage the growth of the global nucleic acid isolation and purification market in the near future, reports the market research company. Their report, titled “Nucleic Acid Isolation and Purification Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025” is a result of extensive primary and secondary research on DNA isolation and purification.
Lucrative applications such as molecular diagnostic testing, expression analysis and genotyping promise to be key factors in developing new opportunities for the suppliers of global nucleic acid isolation and purification market. While the industry is propelled by the considerable driving forces mentioned above, the world market for the same is also susceptible to a few restrictions. The major hindrance would be the high price of automated instruments may inhibit the growth of the market in the coming years. However, the unprecedented growth in technological advances, high penetration and availability of top-notch instruments, and the soaring demand from pharmaceutical companies may very well overcome the shortcomings in industry growth.
Between 2017 and 2025, developed markets for nucleic acid isolation and purification are predicted to be dominantly attributed to their application in forensic analysis or in molecular biology. While the industry has a global appeal, the report classifies the market opportunities geographically into Asia Pacific, Europe, North America, and the Rest of the World. North America is prophesied to witness vigorous growth during the period of forecast mentioned. The rapid advancement in this region can be credited to the rise in on the count of application areas of nucleic acid isolation. Additionally, Asia Pacific and Europe are projected to foresee high growth in the upcoming years.
Players operating in the global nucleic acid isolation and purification market are expected to register reliable growth prospects owing to the rising awareness of its applicability across diverse sectors. Sigma-Aldrich Co., GE Healthcare, Agilent Technologies, Inc., Inc., Bio-Rad Technologies, Inc., and Thermo Fisher Scientific, Inc. etc., are some of the enterprises mentioned in the report. The research study also highlights the approaches undertaken by the leading players in the industry, with the aim of in order to equip the new entrants with guidelines in making appropriate decisions and sustain in the competitive environment.
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