Nucleic Acid Extraction Instrument Market Growing with Healthy CAGR 2020–2027

The major players in the nucleic acid extraction instrument market include ADS Biotec, Bioneer Corporation, Hamilton Robotics, LexaGene, Biosan, Sacace Biotechnologies, Torontech Group International, Retsch, Nanobiosys, Taigen Bioscience, Others.

The nucleic acid extraction instrument is one the fastest developing products since isolation and extraction of nucleic acids can bring advancements in human life, agriculture and next-generation sequencing. The major driver of this market is the use of nucleic acid-based diagnostics in labs and pharmaceuticals to study various diseases and produce antimicrobial drugs. Another market booster is the application of nucleic acids in oncology for faster diagnosis and enables targeted cancer therapy. The nucleic acid extraction instrument will see tremendous growth during COVID -19 times since it is extensively used in various laboratories around the globe to find a vaccine that can put an end to the pandemic. The challenges faced by this market are lack of skilled labourers and higher investment costs. Another restraining factor that may affect this market is that a single error can have huge backlogs.

The entire nucleic acid extraction instrument market has been sub-categorized into type and application. current and future demand for nucleic acid extraction instrument market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

By Type

  • Spin Column Method
  • Magnetic Bead Method

By Application

  • Hospital
  • Scientific Research
  • Diagnostic Center
  • Food Safety Testing
  • Environmental Sanitation Testing

Source: https://www.valuemarketresearch.com/report/nucleic-acid-extraction-instrument-market

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