Automated Nucleic Acid Extraction Devices Market is expected to reach USD 11.15 billion by 2030

In the large scale Automated Nucleic Acid Extraction Devices Market document, a market study and overview is carried out by considering market drivers, market restraints, opportunities and challenges for a particular business. The report acts as a perfect window to the HEALTHCARE industry which explains what market definition, classifications, applications, engagements and market trends are. This report contains a key data and information about the market, emerging trends, product usage, motivating factors for customers and competitors, restraints, brand positioning, and customer behaviour. Automated Nucleic Acid Extraction Devices Market business report offers appropriate solutions to the complex business challenges and works toward an effortless decision-making process.

According to Data Bridge Market Research, the automated nucleic acid extraction devices market is expected to grow significantly in developed economies during the forecast period of 2023-2030 due to factors such as increasing adoption of superior technology for faster and better results, increasing demand for new extraction techniques, technological advancement in analytical instruments and laboratory automation, and other factors that are propelling the market forward. Furthermore, the increasing number of R&D activities will create new opportunities for the automated nucleic acid extraction devices market during the forecast period of 2023-2030.

Data Bridge Market Research analyses that the automated nucleic acid extraction devices market which is USD 4.7 billion in 2022, is expected to reach USD 11.15 billion by 2030, at a CAGR of 11.4% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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Automated devices significantly reduce the time and labour required to manually extract nucleic acids from the same number of samples. They also avoid the introduction of human error that can occur during manual extraction. The automated nucleic acid extraction devices are adaptable and efficient systems for fully automated nucleic acid isolation. They are based on a unique liquid handling method and the proven principle of magnetic particle separation or smart extraction, such as the GENE PREP STAR, which is an automated plasmid DNA extractor used by many clinical and research institutes.

Opportunities

• Technological advancement in analytical instruments and laboratory automation

BioMérieux’s NucliSens easy MAGTM is a user-friendly automated device designed for extracting high-quality RNA and DNA. The primary goals of the development were to improve the overall design, usability, and convenience of an automated platform, particularly when compared to previous-generation instruments, as well as to improve the performance of the underlying chemistry for nucleic acid extraction.

Restraints/Challenges

• High cost

The high maintenance and service costs and the limited product acceptability will slow the market’s growth rate. The lack of skilled professionals and a lack of healthcare infrastructure in developing economies will pose a challenge to the market for automated nucleic acid extraction devices.

This automated nucleic acid extraction devices market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the automated nucleic acid extraction devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

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Some of the major players operating in the automated nucleic acid extraction devices market are:

• QIAGEN (Germany)
• F. Hoffmann-La Roche Ltd (U.S.)
• Analytik Jena GmbH+Co. KG (Germany)
• Thermo Fisher Scientific Inc. (U.S.)
• AccuBioMed Co., Ltd. (Taiwan)
• AUTOGEN INC. (U.S.)
• Bioneer Corporation (South Korea)
• Illumina, Inc. (U.S.)
• Tecan Trading AG (Switzerland)
• Merck KGaA (Germany)
• BD (U.S.)
• PerkinElmer, Inc. (U.S.)
• DiaSorin S.p.A (Italy)
• Diagcor Bioscience Incorporation Limited (China)

Automated Nucleic Acid Extraction Devices Market Scope

The automated nucleic acid extraction devices market is segmented on the basis of product, type, end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Instruments
• Kits
• Consumables

Product

• Fully Automated
• Semi-Automated

End User

• Hospitals
• Diagnostic Centers
• Forensic Laboratories
• Pharmaceutical and Biotechnology Companies
• Academic Research Institutes

Investing in this study will provide you with access to valuable information, which includes:

1. Thorough industry coverage on a global scale, with detailed breakdowns by region.
2. In-depth analysis of regional markets, encompassing North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
3. Country-specific market size breakdowns for key countries with significant market shares.
4. Comprehensive data on market share and revenue/sales from leading industry players.
5. Examination of market trends, such as emerging technologies, products, and startups, along with PESTEL Analysis, SWOT Analysis, Porter’s Five Forces, and more.
6. Detailed market size data, including segmentations by application and industry verticals.
7. Projections and forecasts for the future growth and development of the market.

This Market Intelligence Report Analyses Some of the Most Crucial Concerns:

1. Anticipated developments in the major segments of the international market in the coming years.
2. Identification of key players poised to dominate the market in the future.
3. Assessment of the leading suppliers and producers in this industry.
4. Examination of growth and expansion strategies implemented by successful industry players.
5. Insight into sectors expected to experience the most significant demand growth in the near future.
6. Analysis of the various buyer segments within this market.
7. Prediction of the regional powerhouse likely to emerge as the dominant player in the international market.
8. Exploration of the potential impact of a new coronavirus pandemic.
9. Evaluation of challenges faced by established market players due to the entry of newcomers and strategies to overcome them.

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