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DNA Extraction Kit Market Size, Share and Growth

In 2021, the global DNA extraction kit market revenue was $1,354.4 million, which is predicted to reach $2,818.2 million by 2030, advancing at an 8.5% CAGR. The market growth can be primarily attributed to the surging research activities, for technological developments in forensic sciences and healthcare services, as well as the growing investments in molecular diagnostics, for a range of chronic and infectious diseases.

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DNA Extraction Kit Market Size, Share and Growth

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  1. DNA Extraction Kit Market to Reach a value of about $2,818 million by 2030 1 © Prescient & Strategic (P&S) Intelligence Pvt. Ltd. All rights reserved

  2. The size of the DNA extraction kit market was about $1,354 million in 2021 and will grow at a rate of around 9% by the end of this decade, to reach a value of about $2,818 million by 2030. The growth can be because of the rising research actions in consort with technological progressions in healthcare facilities, forensic sciences, and the growing investments in R&D activities, for fields like molecular diagnostics for numerous chronic and communicable diseases. The requirement for DNA extraction kits for NGS purposes will rise at the highest growth rate of around 10%, in the years to come in the DNA extraction kit market. Early cancer diagnosis and other genetic ailments are the biggest challenges for scholars, and therefore, numerous experiments are conducted. For the analysis of genetic disorders, next-gen sequencing is extensively used to confront this problem. To receive free sample pages of this report@ https://www.psmarketresearch.com/market-analysis/dna-extraction- kit-market/report-sample Due to many R& D activities along with the existence of stalwarts, continually updating their product, the DNA extraction kit market of North America at present has the largest share, and it will continue this way in the coming years. The U.S. is the larger market for the kits of DNA extraction, because of the substantial investments by private and public sectors in R&D, augmented demand for kits, and surge in the incidence of chronic ailments like cancer. The APAC will have the fastest growth, advancing at a rate of over 9%, in the near future. This is because of the rise in funding and interest R&D and technical advancements, and the increase in automation in DNA extraction techniques. For example, Global Gene Corp in May 2021 announced the investment for R&D in the genome sequencing program for the population of the Indian subcontinent. Similarly, there is a rise in fundraising for research and development, which lifts the demand for DNA extraction and purification kits. Inquire before purchase@ https://www.psmarketresearch.com/send- enquiry?enquiry-url=dna-extraction-kit-market In the coming years, the DNA extraction kit market demand for diagnosis and identification of cancer patients will be a dominating force. As per the data of the Cancer Research Institute, in the year 2020, around 20% of people globally will develop cancer. Furthermore, as per the GLOBOCAN 2020 report, there were above 19 million new cancer cases and 10 million deaths by cancer in 2020, worldwide. Healthcare facilities are the largest users of DNA extraction kits. Thus, this will 2 © Prescient & Strategic (P&S) Intelligence Pvt. Ltd. All rights reserved

  3. have the largest revenue share, over 50% in the DNA extraction kit market in 2021, because of the growing demand for accurate and early diagnosis of ailments. Even genetic illnesses such as hemophilia A, sickle cell anemia, and Tay-Sachs ailment may be precisely analyzed using DNA extraction processes. Consequently, it is forecast that the accessibility of such effective techniques at moderate-to-inexpensive pricing would surge their acceptance rate in diagnostic services and hospitals. The increasing investments in the R& D activities of different fields and technical advancements in forensic sciences give rise to the increasing demand for kits for DNA extraction. The research offers the size of the global DNA extraction kit market for the period 2017–2030. Market Segmentation by Product Genomic DNA Cell-Free DNA Market Segmentation by Application Real-Time PCR Cloning Next-Generation Sequencing Others Market Segmentation by End User Healthcare Facilities Research Institutes Pharma & Biotech Companies Others Market Segmentation by Sample Type Blood, Tissue, & FFPE Cells Others Market Segmentation by Region North America DNA Extraction Kit Market • • • • • • • • • • • • • • oBy product oBy application oBy end user oBy sample type oBy country – U.S. and Canada Europe DNA Extraction Kit Market • oBy product 3 © Prescient & Strategic (P&S) Intelligence Pvt. Ltd. All rights reserved

  4. oBy application oBy end user oBy sample type oBy country – Germany, Italy, Spain, U.K., France, and Rest of Europe Asia-Pacific (APAC) DNA Extraction Kit Market • oBy product oBy application oBy end user oBy sample type oBy country – Japan, India, China, Australia, South Korea, and Rest of APAC Latin America (LATAM) DNA Extraction Kit Market • oBy product oBy application oBy end user oBy sample type oBy country – Brazil, Mexico, and Rest of LATAM Middle East and Africa (MEA) DNA Extraction Kit Market • oBy product oBy application oBy end user oBy sample type oBy country – Saudi Arabia, South Africa, and Rest of MEA 4 © Prescient & Strategic (P&S) Intelligence Pvt. Ltd. All rights reserved

  5. Disclaimer: P&S Intelligence always keeps its customers’ interests at the core while carrying out research activities. P&S Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However, the information in publications is subject to fluctuations, as it is based on primary interviews of officials from various companies or organizations. P&S Intelligence is not responsible for any incorrect data provided by the key industry players of the concerned domain. The information or analysis in P&S Intelligence publications represents opinions based on research and should not be interpreted as statements of fact. Information in this report was believed to be correct at the time of publication, but cannot be guaranteed. P&S Intelligence does not endorse any product, service, or vendor depicted in its research publications. All intellectual properties, including trademarks and copyrights, belong to their respective owners and may be protected by copyright. Under no circumstance can these be reproduced in any form without prior written agreement of their owners. An order for market research report is intended for internal use of the company only and not for disclosure to third parties or any other publication in general. No service, report, or part thereof provided by P&S Intelligence can be reproduced, republished, resold, revealed, distributed, circulated, or sublicensed in any medium or form now realized or hereafter become realized, including but not limited to, all forms of optical-based media, magnetic, electronic, or digital, without a written permission from Prescient & Strategic Intelligence Pvt. Ltd. Kindly write to: enquiry@psmarketresearch.com B-13, Sector – 2, Noida, U.P. – 201301, INDIA Contact No: +91 120 4541 337 US/Canada Toll-Free: 1-888-778-7886 5 © Prescient & Strategic (P&S) Intelligence Pvt. Ltd. All rights reserved

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