Latest News- RNA Extraction And Purification Market: Kits and reagents is expected to lead the Product segment during 2025-2029

The RNA Extraction And Purification Market is being driven by Rising prevalence of chronic and infectious diseases

The RNA Extraction And Purification Market is expected to grow at a CAGR of 7.2% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 718.1 million. The global RNA extraction and purification market is experiencing substantial growth due to the launch of innovative products that boost efficiency and precision in RNA isolation processes. Notably, Thermo Fisher Scientific recently introduced the Thermo Scientific KingFisher Apex Dx system and the Applied Biosystems MagMAX Dx Viral/Pathogen NA Isolation Kit in the US on December 12, 2023. These advanced tools are specifically designed to automate and streamline nucleic acid purification from respiratory specimens, thereby enhancing preanalytical workflows for clinical laboratories. This introduction underscores the market's continuous evolution, catering to the evolving needs of clinical diagnostics and research institutions. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • Kits and reagents
  • Instruments
• End-user
  • Hospitals and diagnostic centers
  • Academic research institutes
  • Others
• Geography
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • Asia
    • China
    • India
    • Japan
    • South Korea
  • Rest of World (ROW)

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Rising prevalence of chronic and infectious diseases
• Growing advancements in RNA-based therapeutics
• Increased funding for genomic research

However, the market also witnesses some limitations, which are as follows:

• Complexity of sample types
• Regulatory compliance
• Lack of skilled personnel

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Market Scope in RNA Extraction And Purification Market Research Report

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Research Analysis Overview

The RNA Extraction and Purification market encompasses innovative solutions and technologies for isolating and purifying RNA from various biological samples. Biotechnology companies offer a range of instruments, spin column technology, reagents, and kits for diagnostic applications, gene expression research, and molecular biological studies. High-quality RNA is crucial for nucleic acid tests, mRNA research, and RNA-based drug development. Paramagnetic beads, proteins, guanidinium chloride, oligo(dT), and affinity methods are commonly used for RNA isolation. Automation, throughput, and integrity are key factors driving market growth. Automated devices, commercial offerings, and novel goods from biopharmaceutical firms and biotechnology industries are shaping the market landscape.

Market Research Overview

The global life sciences tools and services market, encompassing R&D of equipment, instruments, accessories, consumables, and related services for pharmaceuticals, biotechnology, and diagnostic applications, is poised for significant expansion. Factors driving this growth include the increasing global population aging, with those over 60 years projected to rise substantially. Additionally, the development of disease treatments through RNA-based vaccines and advanced disease management strategies necessitates high-purity RNA extraction and purification. Technavio forecasts market expansion, fueled by the demand for nucleic acid isolation, extraction efficiency, and cost-effective solutions, as well as research applications in various therapeutic areas.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/