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DNA AND RNA SAMPLE PREPARATION MARKET ANALYSIS DNA and RNA Sample Preparation Market, By Product Type (Workstations, Kits (DNA Sample Preparation, RNA Sample Preparation), Reagents & Consumables), By Application (Clinical Testing, Diagnostic Testing, Research Applications), By End User (Hospitals, Diagnostic Centers, Academic & Research Institutes, Forensic Science Laboratories, Contract Research Organizations), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027
Global DNA and RNA Sample Preparation Market: Drivers • Increasing funding in life science research is expected to boost growth of the global DNA and RNA sample preparation market over the forecast period. For instance, in February 2020, Purdue-affiliated Amplified Sciences LLC and Brightlamp Inc. received approvals for up to US$ 250,000 each from the Purdue Foundry Investment Fund for R&D in life science technologies. • North America region held dominant position in the global DNA and RNA sample preparation market in 2018, accounting for 40.6% share in terms of value, followed by Europe. • Global DNA and RNA Sample Preparation Market: Restraints • High cost of products and low investments are expected to hinder growth of the global DNA and RNA sample preparation market. Researches in the life science sector are complex and have uncertainties in terms results. This in turn increases R&D and product cost and deters users from investing in such expensive products.
Global DNA and RNA Sample Preparation Market: Opportunities • Using quality control tools to obtain information on nucleic acid quantification, integrity, and sizing of fragments in next-generation sequencing is expected to offer lucrative growth opportunities for players in the market. Quality control tools can aid in maintaining clean samples that are free from contaminants • Global DNA and RNA Sample Preparation Market: Competitive Landscape • Major players operating in the global DNA and RNA sample preparation market include, Agilent Technologies, Inc., Becton, Dickinson and Company, Bio-Rad Laboratories Inc., DiaSorin S.p.A, F. Hoffmann-La Roche, Miroculus, Inc., Illumina, Inc., PerkinElmer, Inc., QIAGEN, Sigma Aldrich Corp., Tecan Group AG, and Thermo Fisher Scientific, Inc.
Global DNA and RNA Sample Preparation Market: Key Developments Major players in the market are focused on launching new products to expand their product portfolio. For instance, in February 2020, Miroculus, Inc. launched Miro Canvas, a system that can simplify, automate, and miniaturize complex protocols such as next generation sequencing library preparation, at the Advances in Genome Biology and Technology conference held in the U.S.
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