The Business Research Company’s Nucleic Acid Extraction Instruments And Reagents 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 Extraction Instruments And Reagents Global Market Report 2023 evaluates nucleic acid extraction instruments and reagents 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 extraction instruments and reagents market is expected to grow from $3.80 billion in 2022 to $4.22 billion in 2023 at a compound annual growth rate (CAGR) of 10.9%. 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, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The nucleic acid extraction instruments and reagents market is expected to reach $6.26 billion in 2027 at a CAGR of 10.4%.
The increase in the prevalence of chronic diseases is expected to propel the growth of the nucleic acid extraction instruments and reagents market going forward. Chronic diseases are long-term medical conditions that persist over an extended period and often progress slowly. Nucleic acid extraction instruments and reagents play a crucial role in chronic diseases, particularly in the field of molecular diagnostics and research. Nucleic acid extraction instruments and reagents are integral to the study, diagnosis, monitoring, and treatment of chronic diseases. They enable genetic testing, biomarker analysis, research, pharmacogenomic testing, and disease monitoring, all of which contribute to a better understanding and management of chronic conditions. For instance, in January 2023, according to the National Centre for Biotechnology Information, a US-based division of the United States National Library of Medicine (NLM), which is part of the National Institutes of Health (NIH), in 2020, a chronic condition is expected to grow 99.5% from 71.522 million to 142.66 million by 2050. Therefore, the increase in the prevalence of chronic diseases is driving the growth of the nucleic acid extraction instruments and reagents market going forward.
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The nucleic acid extraction instruments and reagents market segments in the report are:
1) By Type: Instruments, Spin Columns, Beads Or Magnetic Beads, Automated Nucleic Acid Extraction Systems, Extraction Kits And Reagents And Consumables, Other Types
2) By Extraction Type: DNA Extraction, DNA Or RNA Extraction, RNA Extraction
3) By Method: Solution-Based Methods, Solid-Phase-Based Methods
4) By End User: Academic Research Institutes, Hospitals And Diagnostic Centers, Pharmaceutical And Biotechnology Industry, Contract Research Organizations (CROs), Other End Users
The table of contents in TBRC’s nucleic acid extraction instruments and reagents market report includes:
1. Executive Summary
2. Nucleic Acid Extraction Instruments And Reagents Market Characteristics
3. Nucleic Acid Extraction Instruments And Reagents Market Trends And Strategies
4. Nucleic Acid Extraction Instruments And Reagents Market – Macro Economic Scenario
5. Nucleic Acid Extraction Instruments And Reagents Market Segmentation
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26. South America Nucleic Acid Extraction Instruments And Reagents Market
27. Brazil Nucleic Acid Extraction Instruments And Reagents Market
28. Middle East Nucleic Acid Extraction Instruments And Reagents Market
29. Africa Nucleic Acid Extraction Instruments And Reagents Market
30. Nucleic Acid Extraction Instruments And Reagents Market Competitive Landscape And Company Profiles
Top Major Players:
- Thermo Fisher Scientific Inc
- F Hoffmann-La Roche Ltd
- Merck Group
- Corning Incorporated
- Agilent Technologies Inc
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