Global Nucleic Acid Isolation and Purification Market is Expected to Reach USD 3,837.42 Million by 2020

Date: 2015-11-09

Global nucleic acid isolation and purification market is expected to reach USD 3,837.42 million by 2020 from USD 2,560.31 million in 2015, growing at a CAGR of 8.43% between 2015 and 2020. The product segments included in this report are instruments, kits, and reagents. On the basis of technology, the nucleic acid isolation and purification market is segmented into column-based isolation and purification, reagent-based isolation and purification, magnetic bead-based isolation and purification, and other technologies. On the basis of application, the nucleic acid isolation and purification market is segmented into plasmid DNA isolation and purification, total RNA isolation and purification, blood DNA isolation and purification, genomic DNA isolation and purification, messenger RNA isolation and purification, microRNA isolation and purification, PCR clean-up and other applications. On the basis of end user, the nucleic acid isolation and purification market is segmented into academic and government research institutes, pharmaceutical and biotechnology companies, contract research organizations, hospitals and diagnostic centers, and other end users.

The geographic segments included in this report are North America, Europe, Asia and Rest of the World (RoW). The geographic analysis reveals that North America accounted for the largest share in the global nucleic acid isolation and purification market in 2015. Asia regional segment, on the other hand, is expected to register a faster growth from 2015 to 2020. 

A combination of bottom-up and top-down approaches were used to calculate the market sizes and growth rates of the global nucleic acid isolation and purification market and its sub-segments. Secondary information was used to identify the overall revenues, geographic reach, and product portfolios of the market players. Estimates of their nucleic acid isolation and purification product segment revenues were validated through primary interviews. Primary interviews with key opinion leaders were also used to determine percentage shares of each sub segment and the relative differences in the growth rates.

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