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Wednesday, October 18, 2023

Global DNA and RNA Sample Preparation Market is Anticipated to Grow at a CAGR of 6.1% during 2024 to 2030

The future of the global DNA and RNA sample preparation market looks promising with opportunities in the hospital, diagnostic center, academic & research institute, forensic science laboratory, and contract research organization markets. The global DNA and RNA sample preparation market is expected to reach an estimated $2.9 billion by 2030 with a CAGR of 6.1% from 2024 to 2030. The major drivers for this market are increase in infectious disease cases and growing need for personalized medicines.

Some of the key questions answered in this exclusive report are:

Q.1. What are some of the most promising, high-growth opportunities for the DNA and RNA sample preparation market by producy type (workstations, kits, and reagents & consumables), application (clinical testing, diagnostic testing, research, and others), end use (hospitals, diagnostic centers, academic & research institutes, forensic science laboratories, contract research organizations, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Market Segmentation:

In this market, workstation, kit, and reagent & consumable are the major segments of DNA and RNA sample preparation market by product type. Lucintel forecasts that kit is expected to witness highest growth over the forecast period due to increasing demand for sample preparation kits for proper medication and diagnostic testing.

Within this market, diagnostic center is expected to witness highest growth over the forecast period due to the growing number of patients visiting diagnostic facilities for accurate and timely diagnosis of infectious diseases.

North America is expected to witness highest growth over the forecast period due to high prevalence of chronic illness, existence of well-developed healthcare infrastructure, and presence of key players in the region. 

Agilent Technologies, Becton, Dickinson, Bio-Rad Laboratories, DiaSorin, F. Hoffmann-La Roche, Illumina, PerkinElmer, QIAGEN, and Sigma Aldrich are the major suppliers in the DNA and RNA sample preparation market.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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