DNA extraction kits are used for isolating genomic DNA from various biological samples for downstream applications in molecular biology, genomics, and molecular diagnostics research. An increasing number of DNA samples are required for various oncology studies including cancer screening, biomarker analysis, and response to targeted drugs.
The global DNA Extraction Kits Market is estimated to be valued at US$ 1604.41 Mn in 2023 and is expected to exhibit a CAGR of 6.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The increasing prevalence of cancer and rising investments in cancer research have accelerated the demand for high-quality DNA samples. Cancer research often involves isolating DNA from tumor and blood samples to analyze genetic mutations and understand disease development and progression. As a result, DNA extraction has become an essential step in cancer genomic studies. Technological advancements in extraction kits have enhanced their ability to isolate pure and high-molecular DNA, especially from formalin-fixed paraffin-embedded (FFPE) samples. For instance, gDNA kits from Qiagen use optimized lysing reagents and silica membranes to efficiently extract DNA from difficult sample types. The introduction of automated nucleic acid extraction platforms has further augmented the throughput and efficiency of DNA extraction workflow in core facilities and diagnostic laboratories.
Segment Analysis
The global DNA extraction kits market is divided into manual kit and automatic kit segments. The automatic kit segment currently dominates the market as it is preferred by research laboratories and diagnostic centers owing to its convenience and consistency in DNA extraction. Automatic kits utilize advanced technologies like magnetic bead, silica membrane or anion exchange for extraction and offer high yields of pure and intact DNA.
Key Takeaways
The Global DNA Extraction Kits Market Size is expected to witness high growth over the forecast period of 2023 to 2030 on account of increasing investments in genomics research and advancement of molecular diagnostic techniques. The global DNA Extraction Kits Market is estimated to be valued at US$ 1604.41 Mn in 2023 and is expected to exhibit a CAGR of 6.1% over the forecast period 2023 to 2030.
Regional analysis: North America currently accounts for the largest share in the DNA extraction kits market and is expected to maintain its dominance through 2030. Government funding for genomics research along with presence of key market players has propelled market growth in the region.
Key players: Key players operating in the DNA extraction kits market are Fineheart, Berlin Heart GmbH, LivaNova PLC, Bivacor Inc., NuPulseCV, Inc., Windmill Cardiovascular Systems, CH Biomedical, Inc., Jarvik Heart, Inc., Abbott Laboratories, Carmat SA, Corewave SA, Abiomed, Inc., Evaheart, Inc., AdjuCor GmbH, Calon Cardio-Technology Ltd, SynCardia Systems, LLC. Thermo Fisher Scientific Inc. is a leading player owing to its wide range of magnetic bead-based DNA extraction kits used in research laboratories.
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https://www.newsstatix.com/dna-extraction-kits-market-size-share-growth-outlook-2023-2/
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