Europe Nucleic Acid Isolation And Purification Market Size & Outlook
Europe nucleic acid isolation and purification market, 2018-2028 (US$M)
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Europe nucleic acid isolation and purification market highlights
- The Europe nucleic acid isolation and purification market generated a revenue of USD 1,238.6 million in 2020.
- The market is expected to grow at a CAGR of 11.2% 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.
- Country-wise, Germany is expected to register the highest CAGR from 2021 to 2028.
Europe data book summary
| Market revenue in 2020 | USD 1,238.6 million |
| Market revenue in 2028 | USD 2,903.6 million |
| Growth rate | 11.2% (CAGR from 2020 to 2028) |
| Largest segment | Kits & reagents |
| Fastest growing segment | Instruments |
| Historical data covered | 2018 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 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, Europe region accounted for 30.0% of the global nucleic acid isolation and purification market in 2020.
- Globally, North America is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,406.1 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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Europe 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 76.05% in 2020. Horizon Databook has segmented the Europe nucleic acid isolation and purification market based on kits & reagents, instruments covering the revenue growth of each sub-segment from 2018 to 2028.
The European market for nucleic acid isolation & purification is dynamic, robust, and growing at a considerable pace. This growth is attributed to major technological advancements and developments, coupled with favorable government policies in life sciences.
Globally rising demand & manufacture of vaccines & personalized medicines on an industrial level and increasing interest of scientists in genomics are major factors driving players in the DNA isolation & purification market toward adopting more efficient and fast systems.
Furthermore, research projects, such as the investigation on development of a rapid protocol for coextraction and analysis of ribosomal DNA- & rRNA-based microbial community composition, are expected to drive the nucleic acid isolation & purification market in Europe.
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Target buyers of Europe 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 continent-level data and insights on the Europe nucleic acid isolation and purification market , including forecasts for subscribers. This continent databook contains high-level insights into Europe nucleic acid isolation and purification market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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Europe nucleic acid isolation and purification market size, by country, 2018-2028 (US$M)
Europe Nucleic Acid Isolation And Purification Market Outlook Share, 2020 & 2028 (US$M)
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