China Nucleic Acid Isolation And Purification Market Size & Outlook
China nucleic acid isolation and purification market, 2018-2028 (US$M)
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China nucleic acid isolation and purification market highlights
- The China nucleic acid isolation and purification market generated a revenue of USD 265.6 million in 2020 and is expected to reach USD 688.4 million by 2028.
- The China market is expected to grow at a CAGR of 12.6% from 2021 to 2028.
- In terms of segment, kits & reagents was the largest revenue generating product in 2020.
- Instruments is the most lucrative product segment registering the fastest growth during the forecast period.
Nucleic acid isolation and purification market data book summary
| Market revenue in 2020 | USD 265.6 million |
| Market revenue in 2028 | USD 688.4 million |
| Growth rate | 12.6% (CAGR from 2020 to 2028) |
| Largest segment | Kits & reagents |
| Fastest growing segment | Instruments |
| Historical data | 2018 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Kits & Reagents, Instruments |
| Key market players worldwide | Qiagen NV, Thermo Fisher Scientific Inc, Illumina Inc, Danaher Corp, Roche Holding AG ADR, Merck KGaA, Agilent Technologies Inc, Bio-Rad Laboratories Inc, Takara Bio Inc, Promega |
Other key industry trends
- In terms of revenue, China accounted for 6.4% of the global nucleic acid isolation and purification market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, China nucleic acid isolation and purification market is projected to lead the regional market in terms of revenue in 2028.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 621.5 million by 2028.
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Nucleic Acid Isolation And Purification Market Scope
Nucleic Acid Isolation And Purification Market Companies
| Name | Profile | # Employees | HQ | Website |
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China nucleic acid isolation and purification market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to nucleic acid isolation and purification market will help companies and investors design strategic landscapes.
Kits & reagents was the largest segment with a revenue share of 76.32% in 2020. Horizon Databook has segmented the China nucleic acid isolation and purification market based on kits & reagents, instruments covering the revenue growth of each sub-segment from 2018 to 2028.
China is a lucrative market for life sciences research tools and technologies and has a strong demand for nucleic acid purification & isolation products. The growing market segments, including DNA & RNA library preparation for next-generation sequencing, are expected to drive its growth in China.
Key segments include reagents & instruments for extraction genomic DNA, total RNA isolation, and gels from plasmid preparation, blood, FFPE, & tissues/cells. The products are also used for RNA/DNA library preparation and postreaction cleanup.
Moreover, the life sciences dashboard study on nucleic acid purification shows that these labs are larger and have a greater number of experts who have performed isolation & purification processes in laboratories. The fragmented market represents opportunities for suppliers of nucleic acid isolation & purification instruments. These factors are expected to fuel the market growth over the forecast period.
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Target buyers of China nucleic acid isolation and purification market databook
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Our clientele includes a mix of nucleic acid isolation and purification market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China nucleic acid isolation and purification market , including forecasts for subscribers. This country databook contains high-level insights into China nucleic acid isolation and purification market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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China nucleic acid isolation and purification market size, by product, 2018-2028 (US$M)
China Nucleic Acid Isolation And Purification Market Outlook Share, 2020 & 2028 (US$M)
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