DNA Extraction Kits Market

Growing segment fueling the growth of DNA Extraction Kits Market

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The global DNA Extraction Kits Market is estimated to be valued at US$ 1604.41 Mn or Million in 2023 and is expected to exhibit a CAGR of 7.7% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview: –

DNA extraction kits are consumables used to isolate DNA from animal and plant tissues, bacteria, viruses, and other samples. These kits are simple to use while providing high yields of pure DNA for downstream analysis. They include reagents and buffers to break open cells and isolate genomic DNA for storage or later analysis.

Market key trends: –

One of the major trends in the DNA extraction kits market is the rise in automated nucleic acid extraction systems. Automated nucleic acid extraction workstations minimize the required hands-on time, reduce the overall turnaround time for sample processing, and reduce the risk of contamination. They improve workflow efficiency along with ensuring standardized, accurate, and reproducible nucleic acid extractions. Automated systems are an attractive option for laboratories that process a high volume of samples routinely.

Segment Analysis:-

The global DNA extraction kits market is segmented on the basis of sample type, workflow, application and end user. Based on sample type, the market is segmented into blood sample, tissue sample, swab sample, and others. The blood sample segment currently dominates the market due to widespread use of blood samples for detection of diseases and various other diagnostic tests.

Key Takeaways: –

The Global DNA ExtDNA Extraction Kits Marketraction Kits Market Demand is expected to witness high growth, exhibiting a CAGR of 7.7% over the forecast period, due to increasing prevalence of chronic and infectious diseases globally.

Regional analysis: – North America currently dominates the global DNA extraction kits market due to presence of advanced healthcare infrastructure and high adoption of personalized medicine and direct-to-consumer genetic testing in the region. Asia Pacific is expected to grow at the fastest rate over the forecast period owing to rising healthcare spending, increasing awareness about genetic testing and growing research activities in the region.

Key players: – Key players operating in the DNA extraction kits market are Thermo Fisher Scientific, QIAGEN, PROMEGA, F. Hoffmann-La Roche, Bio-Rad Laboratories, Agilent Technologies, among others. Thermo Fisher Scientific currently dominates the market owing to its wide product portfolio and global brand recognition.

*Note:
1.  Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it