Global Nucleic Acid Isolation and Purification Market Future Outlook : Investment Trends, Growth and Future Market Analysis by Regions!
Nucleic acid isolation and purification is molecular biology studies and recombinant DNA techniques. The process of isolation includes mechanical and chemical disruption and enzymatic digestion, whereas the purification involves electrophoresis, extraction, chromatography, affinity separation and centrifugation. The global nucleic acid isolation and purification market is growing at significant rate, due to mounting public-private finance for life science research. Different product contributed to the nucleic acid isolation and purification market size. The market has witnessed high demand for kits over the last few years due to easiness of usage in applications such as gene cloning, gene sequencing, and molecular diagnostics.
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The high cost of automated instruments and low market penetration for automated procedure are the major challenges for the growth of nucleic acid isolation and purification market.
Globally, the manufacturing companies trying to enter the nucleic acid isolation and purification market are required to maintain stringent regulatory standards. Moreover, the high level of capital requirement also poses a major barrier for the entry of new players. This offers an edge to the established players in the industry competition.
Geographically, North America is the largest nucleic acid isolation and purification market as in the region the government support is increasing. Major R&D expenditure in biotechnology and pharmaceutical companies, and technological improvements, are also up surging growth of the North American nucleic acid isolation and purification market.
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Asia is observed to witness fastest growth in the market, due to promising government investments in the life sciences division. In addition, lesser manufacturing expenses and mounting occurrence of market players in emerging economies are also creating a positive impact on the nucleic acid isolation and purification market growth in the region.
Key players in the nucleic acid isolation and purification market are catering the demand of these devices by investing on technologically advanced products in their product portfolio across the globe. In May 2017, Thermo Fisher Scientific launched PureLink Expi Endotoxin-Free Maxi Plasmid Purification Kit, to improve its product portfolio of endotoxin-free plasmid DNA isolation products. Thermo Fisher Scientific, F. Hoffman-La Roche, Danaher Corporation, Qiagen N.V., Illumina, Agilent Technologies, Merck KGaA, Promega Corporation, Bio-Rad Laboratories and GE Healthcare are the key players offering nucleic acid isolation and purification.
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