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DNA and RNA Sample Preparation - Global Market Trajectory & Analytics

  • ID: 5139533
  • Report
  • April 2021
  • Region: Global
  • 228 pages
  • Global Industry Analysts, Inc
Global DNA and RNA Sample Preparation Market to Reach $2 Billion by 2027

Amid the COVID-19 crisis, the global market for DNA and RNA Sample Preparation estimated at US$1.4 Billion in the year 2020, is projected to reach a revised size of US$2 Billion by 2027, growing at a CAGR of 5.2% over the analysis period 2020-2027. Workstations, one of the segments analyzed in the report, is projected to record a 5.6% CAGR and reach US$608.4 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Kits segment is readjusted to a revised 5% CAGR for the next 7-year period.



The U.S. Market is Estimated at $413.3 Million, While China is Forecast to Grow at 5% CAGR

The DNA and RNA Sample Preparation market in the U.S. is estimated at US$413.3 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$354.2 Million by the year 2027 trailing a CAGR of 5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.8% and 4.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.9% CAGR.

Reagents & Consumables Segment to Record 5.3% CAGR

In the global Reagents & Consumables segment, USA, Canada, Japan, China and Europe will drive the 5.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$150.1 Million in the year 2020 will reach a projected size of US$217.4 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$223.5 Million by the year 2027.

Select Competitors (Total 42 Featured):
  • Agilent Technologies, Inc.
  • Becton, Dickinson & Company
  • Bio-Rad Laboratories, Inc.
  • DiaSorin SpA
  • F. Hoffmann-La Roche AG
  • Illumina, Inc.
  • MilliporeSigma
  • PerkinElmer, Inc.
  • QIAGEN NV
  • Tecan Group Ltd.
  • Thermo Fisher Scientific, Inc.
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY
  • Influencer Market Insights
  • Impact of Covid-19 and a Looming Global Recession
III. MARKET ANALYSIS

IV. COMPETITION
  • Total Companies Profiled: 42
Note: Product cover images may vary from those shown
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