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Rise in investment in R&D by the private and government sectors resulting in the increase in research laboratories is fueling the market

NEW YORK, NY, UNITED STATES, December 1, 2021 /EINPresswire.com/ -- The deoxyribonucleic acid (DNA) Purification Market is estimated to be valued at USD 5.35 Billion by 2027, growing at a CAGR of 7.9% over the projected timeframe.

There has been an increase in the laboratories in developing nations owing to the increase in investment in R&D by government and private sectors. Investment in research and awareness of the importance of diagnostics in healthcare is also driving the market. The DNA purification market is highly fragmented due to the presence of various international and regional vendors.

North America holds the largest market share, followed closely by Europe. The high cost of instruments and expensive research procedures are not an issue in developed regions. Availability of skilled workers and advancement in technology is also boosting the market in these regions. APAC is forecasted to have the highest growth rate in the year 2026, owing to the emergence of research and clinical testing laboratories. The government in this region are focused on organizing capital spending programs for research laboratories and academic institutions to encourage the growth of the market.

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Leading companies operating in the market and profiled in the report include:

QIAGEN, Illumia, Inc., ThermoFisher Scientific Inc., Danaher, F. Hoffmann-La Roche Ltd., Agilent Technologies, Merck KGaA, Bio-Rad Laboratories, Inc., Promega Corporation, and GE Healthcare, among others.

Market Overview:

The pharmaceutical and healthcare sector is rapidly expanding in terms of revenue in the recent years and is expected to register robust CAGR over the forecast period of 2028. Factors such as rapid advancements in the pharma and healthcare sector, adoption of latest technologies, tools and equipment, emergence of various new diseases and improvements in healthcare facilities and infrastructure. In addition, rising healthcare expenditure, increasing per capita income in the developing countries and favorable reimbursement policies are fueling market growth. Increasing funds by various public and private sectors and increasing investments to develop enhanced products and devices are also boosting market growth. Moreover, increasing preference for ambulatory services and point of care services, and increasing funds for research centers and hospitals for drug discovery is expected to fuel market growth going ahead.

Competitive Landscape:

The report provides details about competitive landscape of global Deoxyribonucleic Acid (DNA) Purification market focusing on every market player, its global position, revenue generation product portfolio, company overview, financial planning and business expansion plans. The global Deoxyribonucleic Acid (DNA) Purification market is quite competitive and comprises various key players at global and regional levels. Key players are investing in research and development activities, and strategizing various plans such as mergers and acquisitions, partnerships, joint ventures, new product launches, to enhance their product base and strengthen their market position.

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Type Outlook (Volume, Kilo Tons, Revenue, USD Million; 2017-2027)

• Silica Membrane
• Anion Exchange Resin
• Switchable Surface Charge
• Biotechnology

Purity Process Outlook (Volume, Kilo Tons, USD Million; 2017-2027)

• Life science research laboratories
• Clinical testing laboratories
• Pharmaceuticals
• Academic or research organization

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Regional Outlook:

• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
• Asia Pacific (China, India, Japan, South Korea, Rest of APAC)
• Latin America (Brazil, Rest of LATAM)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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