Nucleic Acid Isolation & Purification Market
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Nucleic Acid Isolation & Purification Market size was valued USD 5 billion in 2023 is poised to record more than 7.7% CAGR from 2024 to 2032. The market growth is driven by the escalating demand for advanced diagnostic techniques, particularly in genomics and precision medicine, that fuels the need for efficient nucleic acid isolation and purification methods.
Moreover, continuous advancements in technology, such as automated nucleic acid isolation systems and high-throughput methods, enhance the efficiency and scalability of nucleic acid purification processes. For instance, in 2021, Thermo Fisher Scientific launched kingfisher apex purification system, a high-throughput sample purification instrument to automate the extraction of DNA, RNA, proteins and cells from an array of sample types. This instrument can process 24 to 96 samples in 25 to 65 minutes. Such advancements and introduction of new products is expected to fuel the market progress.
Nucleic acid isolation & purification refer to the processes of extracting and refining nucleic acids, such as DNA or RNA from biological samples, such as cells or tissues. These processes are crucial in molecular biology, genetics, and other fields where the analysis of nucleic acids is essential.
Report Attribute | Details |
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Base Year: | 2023 |
Nucleic Acid Isolation & Purification Market size in 2023: | USD 5 Billion |
Forecast Period: | 2024 to 2032 |
Forecast Period 2023 - 2032 CAGR: | 7.7 |
2023 Value Projection: | USD 9.9 Billion |
Historical Data for: | 2018 to 2023 |
No of Pages: | 260 |
Tables, Charts & Figures: | 431 |
Segments Covered: | Product, Type, Method, Application, End-use, & Region |
Growth Drivers: |
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Pitfalls Challenges: |
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The COVID-19 pandemic positively impacted the nucleic acid isolation & purification market by fostering innovations and heightened demand for molecular diagnostics. The urgent need for efficient and rapid nucleic acid testing for SARS-CoV-2 detection accelerated advancements in isolation and purification technologies. This surge in research and development bolstered the market's growth and led to the creation of robust, automated, and high-throughput systems. Also, these developments helped cater to the immediate pandemic-related requirements and contributed to the broader field of molecular biology and diagnostic applications, positioning the nucleic acid isolation and purification market for sustained growth in the post-pandemic era.
However, high cost associated with installation and maintenance of instruments and use of cost-intensive reagents during purification and isolation procedures of nucleic acid are expected to restrain growth of the market to a certain extent over the forecast period.
Based on product, the market is segmented into reagents & kits and instruments. The reagents & kits segment is expected to lead the market, projecting revenue of USD 7.3 billion by 2032.
Based on type, the nucleic acid isolation and purification market is classified into RNA isolation & purification and DNA isolation & purification. The RNA isolation & purification segment is further categorized into mRNA isolation & purification, miRNA isolation & purification, total RNA isolation & purification, and other RNA isolation & purification types. The RNA isolation & purification segment dominated the market accounting for the highest share of 52.6%. in 2023.
Based on method, the nucleic acid isolation & purification market is segmented into magnetic beads, column-based, reagent-based, and other methods. The magnetic beads segment dominated the market in 2023 and is projected to grow at a CAGR of 7.8% over the analysis period.
Based on application, the nucleic acid isolation and purification market is classified into diagnostics, drug discovery & development, precision medicine, and other applications. The diagnostics segment dominated the market accounting for the largest revenue in USD 1.7 billion in 2023.
Based on end-use, the nucleic acid isolation & purification market is classified into hospitals and diagnostic centers, pharmaceutical & biotechnology companies, contract research organizations, and other end-users. The hospitals and diagnostic centers segment dominated the market in 2023.
In 2023, North America held a significant business share of 37.8% in the nucleic acid isolation and purification market and is anticipated to dominate the market throughout the forecast period.
The nucleic acid isolation and purification industry is characterized by diverse players competing in the industry, leveraging their research capabilities and global presence. Strategic collaborations, product innovations, and regulatory compliance further strengthen their positions. The market is characterized by ongoing technological advancements and a focus on developing safer and more effective instruments and kits, intensifying the competitive dynamics in the healthcare sector.
The prominent players operating in the nucleic acid isolation and purification industry is as mentioned below:
By Product, 2018 – 2032 (USD Million)
By Type, 2018 – 2032 (USD Million)
By Method, 2018 – 2032 (USD Million)
By Application, 2018 – 2032 (USD Million)
By End-use, 2018 – 2032 (USD Million)
The above information is provided for the following regions and countries:
North America held 37.8% of the global nucleic acid isolation and purification market share in 2023 owing to the strong presence of leading biotechnology and pharmaceutical companies along with significant government investments in genomics and molecular biology research.
Nucleic acid isolation & purification industry size was USD 5 billion in 2023 and is expected to reach USD 9.9 billion by end of 2032 due to the escalating demand for advanced diagnostic techniques, particularly in genomics and precision medicine.
The reagents & kits product segment may record USD 7.3 billion by 2032 driven by rising innovations to offer enhanced performance, automation capabilities, and compatibility with high-throughput systems.
Nucleic acid isolation & purification industry size from the diagnostics application segment reached USD 1.7 billion in 2023 due to higher deployment for the identification of pathogens in routine sample processing.