North America Nucleic Acid Isolation And Purification Market Size & Outlook
North America nucleic acid isolation and purification market, 2018-2028 (US$M)
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North America nucleic acid isolation and purification market highlights
- The North America nucleic acid isolation and purification market generated a revenue of USD 1,516.5 million in 2020.
- The market is expected to grow at a CAGR of 11.3% 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, Canada is expected to register the highest CAGR from 2021 to 2028.
North America data book summary
| Market revenue in 2020 | USD 1,516.5 million |
| Market revenue in 2028 | USD 3,563.8 million |
| Growth rate | 11.3% (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, North America region accounted for 36.7% 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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North America 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 75.72% in 2020. Horizon Databook has segmented the North America nucleic acid isolation and purification market based on kits & reagents, instruments covering the revenue growth of each sub-segment from 2018 to 2028.
North America has held a significant share in the market for nucleic acid isolation & purification in 2020. This region holds the largest revenue share and expected to maintain its lead throughout the forecast period.
The wide scope of applications for nucleic acid isolation & purification in diverse sectors, such as biopharmaceutical development & manufacturing, agriculture, and food, is increasing the growth potential of the market.
Technological advancements & innovations in genotypic & diagnostic fields of life sciences, along with intensive research projects in cancer detection and other chronic disorders are also driving the market growth. Moreover, the local presence of established players and their efforts in developing technologically advanced rapid purification & isolation devices is a major contributor to the market growth.
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Target buyers of North America 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 North America nucleic acid isolation and purification market , including forecasts for subscribers. This continent databook contains high-level insights into North America nucleic acid isolation and purification market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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North America nucleic acid isolation and purification market size, by country, 2018-2028 (US$M)
North America Nucleic Acid Isolation And Purification Market Outlook Share, 2020 & 2028 (US$M)
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