Global Nucleic Acid Isolation and Purification (NAIP) Industry Report 2018 with $5.3 Billion DROC Analysis – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The "Global
Nucleic Acid Isolation and Purification (NAIP) Market – Segmented by
Technology, Application, Product, End-Users and Geography – Growth,
Trends and Forecasts (2018 – 2023)" report has been added to ResearchAndMarkets.com's
offering.

The global nucleic acid isolation and purification (NAIP) market is
estimated to reach approximately USD 5,300 million by 2023, at a CAGR of
about 9% during the forecast period.

This market is segmented based on technology, product, application, end
user, and geography. In the segmentation based on technology,
column-based purification has the largest market share, however,
magnetic bead-based purification is expected to witness the highest CAGR.

Biotech and Pharma companies have a growing demand for pure nucleic
acids. Pure nucleic acid is finding applications in emerging fields,
like genetic engineering, molecular diagnosis, forensics, and research
related to life sciences. Consequently, the governments have stepped up
funding for R&D projects. The pharma sector has stepped up investments
in products requiring NAIP Instruments, as NAIP technologies are
becoming more prevalent now. Rise in automation has also stepped up NAIP
applications.

The availability of automation technology in emerging economies is very
low. Automation technology is a major reason for rising applicability of
NAIP technology. Low automation presents a problem in harnessing the
full potential of NAIP technology. Companies would need to work out ways
to increase the availability of automation technology in the developing
regions.

As the penetration of automation and NAIP technology is low in emerging
economies, consequently the cost of automated instruments is also very
high (higher than the base cost in developed countries). These hurdles
of pricing and technology penetration are potential barriers for the
market's growth.

Companies Mentioned

• Agilent Technologies
• Bio-Rad Laboratories
• Danaher Corporation
• GE Healthcare
• Roche Applied Sciences
• Sigma Aldrich
• Life Technologies
• Thermo Fisher Scientific
• Takara Bio Inc.

Key Topics Covered

1. Introduction

2. Research Methodology

3. Executive Summary

4. Key Inferences

5. Market Overview

6. Drivers, Restraints, Opportunities and Challenges Analysis (DROC)

7. Market Segmentation

8. Competitive Landscape

9. Key Players

10. Future of the Market

For more information about this report visit https://www.researchandmarkets.com/research/666nbc/global_nucleic?w=4

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Related
Topics: Biotechnology