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The Europe nucleic acid sample preparation market is projected to reach $ 3.35 billion by 2032 from $ 1.30 billion in 2022, growing at a CAGR of 9.89% during the forecast period 2022-2032. The increased use of nucleic acid molecules in a variety of medicinal contexts is expected to fuel the growth of the nucleic acid sample preparation market in Europe. Furthermore, the region's nucleic acid sample preparation market is expanding due in large part to the increased demand for downstream applications such as next-generation sequencing (NGS) and other associated developments in nucleic acid extraction/isolation techniques. This report comes with 10% free customization, enabling you to add data that meets your specific business needs.
Market Introduction
The nucleic acid sample preparation market in Europe is currently advancing to meet the increasing demand for prompt diagnostic information and targeted patient treatment. Various molecular procedures, including automated nucleic acid sample preparation workstations, have been developed to address this need. Furthermore, sample preparation plays a crucial role in precision medicine, ensuring the secure and effective application of personalized therapies. The market provides a diverse range of universal products with varying maximum throughputs, innovations, time durations, and other attributes, prompting companies to explore inventive ways to differentiate themselves. Notably, manufacturers have recently introduced application-specific nucleic acid purification devices and liquid handlers to cater to specific needs in the European market.Impact
One of the main reasons for the anticipated expansion of the nucleic acid sample preparation market in the upcoming years is the rise in the use of nucleic acid molecules in several therapeutic areas. Sample preparation is typically an important phase in the accurate analysis of nucleic acids. Nuclease protection is one of the most important aspects to consider while processing nucleic acid samples. Nucleic acid extraction and isolation is the first stage in the area of molecular biology research, followed by recombinant procedures.Market Segmentation:
Segmentation 1: by Country
- Germany
- France
- Italy
- Spain
- U.K.
- Rest-of-Europe
Recent Developments in the Europe Nucleic Acid Sample Preparation Market
- In November 2022, RevoluGen, a U.K.-based genomics company, announced that it had entered into an agreement with Tecan Trading AG, a pioneer and industry leader in laboratory automated processes, for the production and supply of Tecan's 96-well filter plates for use in RevoluGen's automated Fire Monkey High Molecular Weight (HMW)-DNA extraction kits.
How can this report add value to an organization?
Growth/Marketing Strategy: Nucleic acid sample preparation is being used for genomics, proteomics, and other applications. Various companies are providing consumables and systems aid in the diagnosis of various therapeutic areas, which is also the key strategy for market players to excel in the current Europe nucleic acid sample preparation market.Competitive Strategy: Key players in the Europe nucleic acid sample preparation market have been analyzed and profiled in the study, including manufacturers involved in new product launches, acquisitions, expansions, and strategic collaborations. Moreover, a detailed competitive benchmarking of the players operating in the Europe nucleic acid sample preparation market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.
Key Market Players and Competition Synopsis
The companies that are profiled have been selected based on inputs gathered from primary experts and analysing company coverage, product portfolio, and market penetration.Some of the prominent names established in this market are:
- Endress+Hauser Group Services AG
- Eppendorf SE
- F. Hoffmann-La Roche Ltd
- Merck KGaA
- QIAGEN
- Tecan Trading AG
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Table of Contents
1 Market
2 Nucleic Acid Sample Preparation Market, Industry Analysis
3 Nucleic Acid Sample Preparation Market: Market Dynamics
4 Competitive Landscape
5 Nucleic Acid Sample Preparation Market, by Region ($Million), 2021-2032
6 Company Profiles
List of Figures
List of Tables
Executive Summary
The Europe nucleic acid sample preparation market is estimated to reach $ 3.35 billion by 2032, reveals the premium market intelligence study. The study also highlights that the market is set to witness a CAGR of 9.89% during the forecast period 2022-2032.The Europe nucleic acid sample preparation market has been growing persistently due to several research initiatives undertaken by various European countries such as Germany, the U.K., France, Spain, Italy, Switzerland, and Rest-of-Europe to enhance the diagnosis and treatment of diseases such as cancer across Europe region.
USPs of report
- Analysis of business drivers and challenges of the Europe Nucleic Acid Sample Preparation Market
- Detailed analysis of Nucleic Acid Sample Preparation Market for U.K., Germany, France, Italy and Spain
- A detailed company profile comprising established players
Analyst’s Perspective on Europe Nucleic Acid Sample Preparation Market
The Principal Analyst states, 'Nucleic acid sample preparation includes consumables and systems that have been followed for past several years. Sample preparation is typically an important phase in the accurate analysis of nucleic acids. Nuclease protection is one of the most important aspects to consider while processing nucleic acid samples. Nucleic acid extraction and isolation is the first stage in the area of molecular biology research, followed by recombinant procedures. Enzymatic digestion, mechanical and chemical disruption, and other techniques are used to isolate nucleic acids. Purification, on the other hand, entails a mixture of precipitation, chromatography, centrifugation, electrophoresis, and separation. The nucleic acid technique accelerates sample processing by decreasing nucleic acid loss and boosting the experimental process's efficiency and efficacy.'Some of the prominent names established in this market are:
- Endress+Hauser Group Services AG
- Eppendorf SE
- F. Hoffmann-La Roche Ltd
- Merck KGaA
- QIAGEN
- Tecan Trading AG
Key Questions Answered in the Report
- What are the major market drivers, restraints, and opportunities in the Europe nucleic acid sample preparation market?
- What are the key development strategies that are being implemented by major players to sustain themselves in the market?
- What will be the growth rate of the Europe nucleic acid sample preparation market during the forecast period 2022-2032?
- Who are the leading players with significant offerings in the global nucleic acid sample preparation market?
- Which companies are anticipated to be highly disruptive in the future, and why?
Companies Mentioned
- Endress+Hauser Group Services AG (Analytik Jena GmbH)
- Eppendorf SE
- F. Hoffmann-La Roche Ltd
- Merck KGaA
- QIAGEN
- Tecan Trading AG
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 107 |
| Published | November 2023 |
| Forecast Period | 2022 - 2032 |
| Estimated Market Value ( USD | $ 1.3 Billion |
| Forecasted Market Value ( USD | $ 3.35 Billion |
| Compound Annual Growth Rate | 9.8% |
| Regions Covered | Europe |
| No. of Companies Mentioned | 6 |
