The DNA and RNA Sample Preparation Market to look through AI-based genomics at a CAGR of 5.6%

The global DNA and RNA sample preparation market expanded at a CAGR of 5% and reach a size of US$ 1.7 Bn at the end of 2021. The market is estimated to progress further at a CAGR of 5.6% to reach a valuation of around US$ 3.1 Bn by the end of 2032.

The DNA and RNA sample preparation market is expected to grow significantly in the coming years. The growth is attributed to the increasing demand for personalized medicine and targeted therapies, as well as the rising prevalence of genetic disorders and infectious diseases.

Market Size and Growth:

Persistence Market Research has assessed that DNA and RNA sample preparation kits accounted for a market value of US$ 996.3 Mn in 2021. Overall, DNA and RNA sample preparation product sales accounted for 23.4% share of the global sample preparation market in 2021.

Get Sample Copy of this Report @ https://www.persistencemarketresearch.com/samples/3211

Drivers and Restraints

The DNA and RNA sample preparation market is driven by various factors such as the increasing demand for personalized medicine and targeted therapies, the rising prevalence of genetic disorders and infectious diseases, and the growing importance of genomics in drug discovery and development. Additionally, the advancements in technology, such as the development of high-throughput sequencing, have also contributed to the growth of the market. However, the high cost of instruments and reagents, as well as the lack of skilled professionals in this field, act as restraints for the market. Furthermore, the ethical concerns associated with genetic testing and the potential misuse of genetic information also pose challenges for the growth of the market.

Market Segmentation:

By Product:

Workstations
Kits
DNA Sample Preparation
RNA Sample Preparation
Reagents and Consumables

By Application:

Clinical Testing
Diagnostic Testing
Research Applications

By End User:

Hospitals
Diagnostic Centers
Academic & Research Institutes
Forensic Science Laboratories
Contract Research Organizations (CROs)

Request for Methodology @ https://www.persistencemarketresearch.com/methodology/3211

Company Profiles:

Agilent Technologies, Inc.
Becton, Dickinson and Company
Bio-Rad Laboratories Inc.
DiaSorin S.p.A.
F. Hoffmann-La Roche
Illumina, Inc.
PerkinElmer, Inc.
QIAGEN
Sigma Aldrich Corp.
Tecan Group AG .
Thermo Fisher Scientific, Inc.

Hospitals to be Second-most Lucrative End User by 2025-End

Academic and research institutes are expected to be the most lucrative end user in the global DNA and RNA sample preparation market through 2025. This segment is expected to exhibit 5.9% CAGR during the forecast period. Hospitals are expected to be the second most lucrative end user segment in the overall market. Based on applications, research applications are expected to remain dominant in the global DNA and RNA sample preparation market during the forecast period. Clinical testing, following research applications, are expected to exhibit 5.4% CAGR through 2025.

If You Want To Know The Business Opportunity/Market Value, Purchase The Premium Insight @ https://www.persistencemarketresearch.com/checkout/3211

Related Reports:

Traditional Chinese Medicine Market
https://www.persistencemarketresearch.com/market-research/traditional-chinese-medicine-market.asp

Automatic Tube Labelling System Market
https://www.persistencemarketresearch.com/market-research/automatic-tube-labelling-system-market.asp

ePharmacy Market
https://www.persistencemarketresearch.com/market-research/epharmacies-market.asp

Dysphagia Supplements Market
https://www.persistencemarketresearch.com/market-research/dysphagia-supplements-market.asp

Contact us:

Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com

About Us:

Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.