An Insightful Overview of Nucleic Acid Isolation and Purification Market

The Global Nucleic Acid Isolation and Purification Market (NAIP) is expected to grow from 2.77 billion US dollars to 4.12 billion US dollars from 2016 to 2021 at 8.27 % CAGR.

Through the NAIP techniques, Nucleic acid is purified and can be isolated from DNA and RNA. Purified Nucleic acid and the extracted DNA and RNA are finding increasing use in industry as well as research.

Factors behind Global Nucleic Acid Isolation and Purification Market Growth

The major factors contributing globally towards the growth of NAIP market include:

  • Biotech and Pharma companies are facing increased demands of pure nucleic acids.
  • Pure nucleic acid is finding applications in emerging fields like genetic engineering, molecular diagnosis, forensics and research related to the life sciences.
  • The government has stepped up funding for Research and Development projects.
  • Pharma sector has stepped up investments in products requiring NAIP
  • Instruments for NAIP are now more available
  • Rise in automation has stepped up NAIP applications

Industry Analysis of Global Nucleic Acid Isolation and Purification Market

The current report on NAIP market would provide quantitative information on:

  • Segments of NAIP Market: the NAIP market can be segmented into regions including North America, Europe, Africa, Latin America, Middle East and Asia Pacific. The NAIP market can be segmented on the basis of technology used for purification and isolation of Nucleic acid. The basis of segmentation can also be NAIP products.
  • Regional Market Share: from the report, the market data of each region and their sub-regions can be known. At present North America has the highest share followed by Europe. Asia Pacific (India and China) have highest growth rate, and major firms are investing in this region.
  • NAIP Technology Share: there is not one but three known technologies in vogue for purifying and isolating Nucleic Acid (Column, Reagent, Magnetic Bead). The report provides data on how much of each technology is being used for NAIP.
  • NAIP Products Share: NAIP products include the kits, reagents and instruments. The report provides market data afor each product.
  • Growth Of Each Segment: from the report expected growth in each defined segment can be known.
  • Segment Trends: the trends of the different segments can be appreciated.
  • Segment Forecasts: forecast figures of different segments can be used in production planning.
  • Overall Growth, Trends And Forecasts: a total of relevant segment data.
  • Major Industry Players: include industry names like Qiagen, Bio Red labs, Illumina and eleven more global conglomerates. The report talks about their share in the NAIP market.

NAIP Marketing Challenges

The major issues which can pose a challenge to NAIP industry players have been identified as follows:

  • Instruments Required For Separation Of Nucleic Acid Are Costly: the challenge for companies would be to look for cheaper instruments and identify their sources without compromising on quality. Companies might need to scout for cheaper means of financing the instruments and options other than purchase might need to be explored.
  • There Is Lesser Availability Of Automation Technology In Developing Countries: automation technology is a major reason for rising applicability of NAIP technology. Low automation presents a problem in harnessing the full potential of NAIP technology. Companies would need to work out ways to increase the availability of automation technology in the developing regions.

To Conclude……

NAIP market shows promising and opportunistic trends for the future especially in unharnessed regions like developing countries there is a good scope of entry. For the developed regions too, latest R&D information on NAIP and quantitative analysis of markets hold vistas of opportunities for business expansion and growth.

Check out Market Data Forecast’s comprehensive reports with in-depth analysis about the Nucleic Acid Isolation And Purification Market free research sample can also be availed. Stay tuned for trending news stories about the latest technologies and interesting Healthcare tit-bits.

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