Germany Nucleic Acid Isolation And Purification Market Size & Outlook
Germany nucleic acid isolation and purification market, 2018-2028 (US$M)
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Germany nucleic acid isolation and purification market highlights
- The Germany nucleic acid isolation and purification market generated a revenue of USD 186.8 million in 2020 and is expected to reach USD 453.2 million by 2028.
- The Germany market is expected to grow at a CAGR of 11.7% 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 186.8 million |
| Market revenue in 2028 | USD 453.2 million |
| Growth rate | 11.7% (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, Germany accounted for 4.5% 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 Europe, Germany nucleic acid isolation and purification market is projected to lead the regional market in terms of revenue in 2028.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 453.2 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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Germany 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 75.91% in 2020. Horizon Databook has segmented the Germany nucleic acid isolation and purification market based on kits & reagents, instruments covering the revenue growth of each sub-segment from 2018 to 2028.
Germany is showing significant growth in the DNA/RNA isolation & purification market. Its considerable market share is attributed to large investments and innovations made by major players, established industrial infrastructure, and strong government support.
Several German organizations are supporting or putting in continuous efforts to provide better systems for purification and separation of molecules. They are expected to drive the market in coming years. The increasing investments from biopharmaceutical manufacturing companies is another important growth driver in the market.
Innovation in the industry is backed by the federal government’s high-tech strategies, which are promoting small and medium enterprises and delivering incentives for innovation. The government is also providing venture capital investments to organizations. This is anticipated to drive the sector and favor development of more precise and accurate commercial applications of nucleic acid isolation & purification.
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Target buyers of Germany 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 Germany nucleic acid isolation and purification market , including forecasts for subscribers. This country databook contains high-level insights into Germany nucleic acid isolation and purification market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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Germany nucleic acid isolation and purification market size, by product, 2018-2028 (US$M)
Germany Nucleic Acid Isolation And Purification Market Outlook Share, 2020 & 2028 (US$M)
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