Nucleic acid isolation and purification market is expected to grow over the forecast period owing to the increasing government support and technological advancement of products such as thermo scientific nucleic acid isolation, spin column based isolation and magnetic bead based isolation are the vital drivers of this market. Increasing execution of nucleic acid for molecular diagnostics is also one of the driving factors for this market.
Nucleic acid isolation and purification market is segmented on the basis of application, technology, end use and product. On the basis of application market is classified into genomic DNA isolation and purification, blood DNA isolation and purification, mRNA isolation and purification, micro RNA isolation and purification, total RNA isolation and purification, plasmid DNA isolation and purification, and PCR clean up. Plasmid DNA isolation and purification held the largest market share in 2013. On the basis of technology, the market is classified into magnetic-bead based, column-based, glass-fiber based, anion-exchange-based and reagent-based nucleic acid isolation and purification. Among these column-based technology is the most popular and is expected to grow at a lucrative rate over the forecast period. Under this process, nucleic acid is purified with the help of solid phase extraction. This process goes through four stages namely, lyse, bind, wash and elute. On the basis of end use, the market is classified into hospitals, diagnostic centers, academic research, biotechnology companies, pharmaceutical companies, and contract research organizations. Academic research held the largest market share as of 2013, and will continue to grow in single digit in the upcoming forecasted period.
Regionally the market is divided into North America, Europe, Asia Pacific, Latin America and Middle East. North America dominated the market in terms of share in 2013. The Asia Pacific region is expected to witness lucrative growth in the coming six years owing to the presences of untapped opportunity especially in the developing economies of India and China.
The major market players of nucleic acid isolation and purification market are Bio-Rad Laboratories Inc, Agilent Technologies Inc, Illumina Inc, Thermo Fischer Scientific Inc, Danaher Corporation, Promega Corporation, Life Technologies, Roche Applied Sciences and Qiagen.
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