The Business Research Company’s Nucleic Acid Labeling Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Nucleic Acid Labeling Global Market Report 2023 evaluates nucleic acid labeling market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global nucleic acid labeling market is expected to grow from $2.18 billion in 2022 to $2.34 billion in 2023 at a compound annual growth rate (CAGR) of 7.61%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The nucleic acid labeling market is expected to reach $3.26 billion in 2027 at a CAGR of 8.63%.
The rise in infectious diseases is expected to propel the growth of the nucleic acid labeling market going forward. Infectious diseases are conditions caused by organisms, usually microscopic, such as parasites, fungi, viruses, and bacteria that are transmitted from one individual to another through indirect or direct contact. Nucleic acid labeling techniques offer improved specificity, sensitivity, multiplexing capability, visualization, real-time monitoring, and automation for the detection of infectious diseases such as tuberculosis, hepatitis, and gonorrhea. For instance, in March 2023, according to the Centers for Disease Control and Prevention, a US-based national public health organization, in the United States, 8,300 cases of tuberculosis (TB) were reported in 2022, a rise from 7,874 cases in 2021. Additionally, tuberculosis (TB) incidence increased slightly in 2022 (2.5 incidents per 100,000 people). Therefore, the rise in infectious diseases propels the growth of the nucleic acid labeling market.
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The nucleic acid labeling market segments in the report are:
1) By Product Type: Kits, Reagents, Instruments
2) By Labeling Type: Radioisotope Or Radioactive Labels, Non-Radioactive Labels
3) By Method: Enzyme-Based, Chemical-Based
4) By Application: DNA Sequencing, Polymerase Chain Reaction, Fluorescence In Situ Hybridization (FISH), Microarrays, Blotting, In Situ Hybridization, Other Applications
5) By End User: Hospitals Or Clinics, Diagnostic Centers, Other End Users
The table of contents in TBRC’s nucleic acid labeling market report includes:
- Executive Summary
- Nucleic Acid Labeling Market Characteristics
- Nucleic Acid Labeling Market Trends And Strategies
- Nucleic Acid Labeling Market – Macro Economic Scenario
- Nucleic Acid Labeling Market Segmentation
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- Global Nucleic Acid Labeling Market Competitive Benchmarking
- Global Nucleic Acid Labeling Market Competitive Dashboard
- Key Mergers And Acquisitions In The Nucleic Acid Labeling Market
- Nucleic Acid Labeling Market Future Outlook and Potential Analysis
- Appendix
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