The Global DNA and RNA Sample Preparation Market is estimated to be valued at US$ 2262.46 Mn in 2024 and is expected to exhibit a CAGR of 5.8% over the forecast period 2024 To 2031.
Key Takeaways
Key players operating in the DNA and RNA sample preparation market are Agilent Technologies, Inc., Becton, Dickinson and Company, Bio-Rad Laboratories Inc., DiaSorin S.p.A, F. Hoffmann-La Roche, Miroculus, Inc., Illumina, Inc., PerkinElmer, Inc., QIAGEN, Sigma Aldrich Corp., Tecan Group AG, and Thermo Fisher Scientific, Inc.
The market provides growth opportunities through application of sample preparation techniques in clinical diagnostics, forensics and drug discovery. Technological advancements like automation and integration of nucleic acid isolation, quantification and quality assessment steps have aided in high throughput processing of voluminous samples.
Market drivers
The rising DNA and RNA Sample Preparation Market Size for personalized medicine and companion diagnostics along with increasing R&D investment in genomics drive the DNA and RNA sample preparation market. Furthermore, the rising prevalence of chronic and infectious diseases necessitating genetic testing and growing application scope in cancer and rare disease research support market growth. Technological upgrading with automated systems for end-to-end sample processing boost efficiency and scalability while reducing time and costs.
Current challenges in DNA and RNA Sample Preparation Market:
The DNA and RNA sample preparation market is facing challenges like development of fully-automated instruments for DNA and RNA extraction and purification. Currently available instruments require manual intervention and cannot completely automate the whole process. This increases processing time and risk of errors and contamination. Another challenge is standardization of protocols for extraction of different sample types like tissues, plasma, serum etc. Extraction efficiency varies with sample type and protocols need to be optimized for each type. High costs of instruments and reagents is also a major hurdle, restricting their use to core facilities and large hospitals and research institutes.
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