New York, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Market Overview The Global DNA and RNA Extraction Market is projected to reach USD 7.9 billion in 2024 and is expected to grow to USD 16.
4 billion by 2033, with a CAGR of 8.4% . The global DNA & RNA extraction market is also growing at a fast pace in the global level because of development in molecular diagnostics and its growing application in research and clinics.
Catalysed by growing incidence of genetic disorders, increased need for personalised medicines and advancing technologies, the market enjoys the advantages that stem from the existence of automated systems and advances in the biopharmaceutical industry. Click to Request Sample Report and Drive Impactful Decisions: https://dimensionmarketresearch.com/report/dna-and-rna-extraction-market/request-sample/ Players are Thermo Fisher Scientific, Qiagen, and Merck KGaA; strategies covered are innovation, collaboration, and acquisition.
The highest growth is anticipated to be seen in the Asia Pacific area due to added research, government funding, and a developing biotechnology sector. The US DNA & RNA Extraction Market The US DNA & RNA extraction market, valued at USD 2.5 billion in 2024, is projected to reach USD 5.
0 billion by 2033, growing at a 7.9% CAGR. It is thus facilitated by growing NGS and PCR utilization, government support for genomic study, and rising biopharmaceutical corporations.
Some of the developments include automation as well as the improvement of throughpu.