DNA extraction kits are used for extracting and isolating nucleic acids from biological samples used in molecular biology applications. These kits come with the required reagents and columns for extracting high quality DNA from a range of sample types including whole blood, body fluids, cell lines, and microbial cultures. The growing demand for DNA from various research applications and diagnosis of genetic disorders is propelling the growth of the DNA extraction kits market.
Market key trends:
Advancements in genomics technologies are accelerating the growth of the DNA extraction kits market. Next generation sequencing technologies have enabled large-scale sequencing of entire human genomes at reduced costs. To maximize the utility of DNA samples obtained from various research studies, appropriate extraction and isolation of high quality DNA is crucial. DNA extraction kits ensure consistent and reproducible isolation of DNA irrespective of sample types. They also minimize nucleic acid degradation and contain optimized buffer formulations for efficient release and binding of DNA. This has increased the adoption of DNA extraction kits among research laboratories and clinical testing centers globally. Automated extraction platforms using these kits further provide walkaway sample processing with consistent results. Rising R&D investments in genomics is thus fueling the demand for DNA extraction kits.
Segment Analysis
The global DNA Extraction Kits market is segmented into product type, type, application and end-use. Based on product type, the market is categorized into plasma separation kit, whole-blood extraction kit, and viral DNA/RNA extraction kit. The viral DNA/RNA extraction kit segment currently dominates the market as these kits are widely used for Covid-19 testing across various diagnostic laboratories. Based on type, the DNA extraction kits market is bifurcated into manual extraction kits and automated extraction kits. The automated DNA extraction kits segment holds a larger share of the market owing to ease of handling of the process and reduction of human errors.
Key Takeaways
Global DNA Extraction Kits Market Size is estimated to be valued at US$ 1604.41 million in 2024 and is expected to exhibit a CAGR of 5.9% over the forecast period 2023 to 2030.
Regional analysis related content comprises:
North America is projected to account for the largest share of the global DNA extraction kits market during the forecast period. Increasing demand for early disease diagnostics and growing number of diagnostic laboratories are major factors driving market growth in this region. Furthermore, presence of prominent market players and continuing research and development activities in molecular diagnostics domain are boosting market growth.
Key players related content comprises:
Key players operating in the DNA Extraction Kits market are Sabra, Thermo Fisher Scientific, Promega Corporation, iNtRON Biotechnology, Qiagen among others.
The global DNA Extraction Kits market is highly competitive with presence of several global and mid-sized players. Key players are focusing on strengthening their distribution networks and launching technologically advanced, unique products to gain competitive advantage in the market. For instance, in 2020, Sabra launched sample extraction kits for Covid-19 testing which could extract DNA/RNA from respiratory samples with improved accuracy and efficiency.
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