U.S. Nucleic Acid Isolation And Purification Market Size & Outlook
U.S. nucleic acid isolation and purification market, 2018-2028 (US$M)
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U.S. nucleic acid isolation and purification market highlights
- The U.S. nucleic acid isolation and purification market generated a revenue of USD 1,283.6 million in 2020 and is expected to reach USD 2,965.8 million by 2028.
- The U.S. market is expected to grow at a CAGR of 11% 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 1,283.6 million |
| Market revenue in 2028 | USD 2,965.8 million |
| Growth rate | 11% (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, U.S. accounted for 31.1% 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 North America, U.S. nucleic acid isolation and purification market is projected to lead the regional market in terms of revenue in 2028.
- Canada is the fastest growing regional market in North America and is projected to reach USD 598.0 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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U.S. 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 75.7% in 2020. Horizon Databook has segmented the U.S. nucleic acid isolation and purification market based on kits & reagents, instruments covering the revenue growth of each sub-segment from 2018 to 2028.
The U.S. had exhibited substantial growth in 2019 and is expected to grow further soon. Growing advancements in life sciences research and adequate government policies are making the U.S. a high potential market for nucleic acid isolation & purification market.
Moreover, the local presence of several major market players, such as Thermo Fisher Scientific, Inc., and Agilent Technologies, is also driving technological progression in the market. These players are pooling significant efforts into developing automatic nucleic acid purification systems for downstream applications, including next-generation sequencing and real-time PCR.
This trend toward supplication-specific isolation & purification instruments is expected to drive development strategies in the space. Furthermore, wide usage of nucleic acid isolation & purification in diverse sectors, such as molecular diagnostics, agriculture, and pharmacogenomics, is likely to contribute toward market growth over the forecast period.
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Target buyers of U.S. 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 U.S. nucleic acid isolation and purification market , including forecasts for subscribers. This country databook contains high-level insights into U.S. nucleic acid isolation and purification market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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U.S. nucleic acid isolation and purification market size, by product, 2018-2028 (US$M)
U.S. Nucleic Acid Isolation And Purification Market Outlook Share, 2020 & 2028 (US$M)
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