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  • Published On : Sep 2022
  • Code : CMI5230
  • Industry : Biotechnology
  • Pages : 165
  • Formats :

The global DNA extraction kits market was valued at US$ 1,389.7 Mn in 2021 and is forecast to reach a value of US$ 2,320.6 Mn by 2028 at a CAGR of 7.7% between 2022 and 2028. The global DNA extraction kits market is experiencing strong growth due to the increase in disease burden and outbreak of COVID-19. Moreover, rise in adoption of sequencing platforms and increasing investments in R&D of molecular diagnostics is expected to boost the growth of the market. However, factors such as high cost of DNA extraction kits and lack of awareness about kits are expected to hamper the growth of the DNA extraction kits market.

Global DNA Extraction Kits Market: Regional Insights

Based on geography, the global DNA extraction kits market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Among regions, North America is expected to gain highest share in the market over the forecast period owing to the increasing prevalence of chronic diseases, such as cancer, in this region, especially in the United States. For instance, according to the American Cancer Society (ACS), in 2022, there will be an estimated 1.9 million new cancer cases diagnosed and 609,360 cancer deaths in the United States. The most common type of cancer on the list is breast cancer, with 290,560 new cases expected in the United States in 2022.

Europe is also expected to witness robust growth in the global DNA extraction kits market due to the growing patient population and supportive government initiatives. For instance, in 2020, Merck invested around EUR 18 million (USD 21.09 million) to build a life sciences laboratory in Switzerland (Europe), to accelerate and support research and development (R&D), analytical production, and quality control.

Figure 1. Global DNA Extraction Kits Market Share (%), by Region, 2021

DNA Extraction Kits  | Coherent Market Insights

Global DNA Extraction Kits Market Drivers:

Increase in prevalence of chronic disease across the globe is expected to augment the growth of the global DNA extraction kits market during the forecast period. Chronic diseases are the leading causes of death and disability around the world. The tumor DNA can be extracted and used for genetic testing. According to the World Health Organization (WHO), cancer was one of the leading cause of death worldwide, accounting for nearly 10 million deaths in 2020. The most common cancers are breast, lung, colon and rectum and prostate cancers.

Increasing investments in R&D of molecular diagnostics is expected to boost the growth of the global DNA extraction kits market over the forecast period. For instance, in December 2021, FIND invested over US$ 21 million to accelerate the development, manufacturing, and launch of affordable, multi-pathogen, molecular diagnostic platforms. Four companies with promising new platforms have been selected for investment; Biomeme, Inc., Bioneer Corporation, Qlife Holding AB, and SD Biosensor, Inc.

Global DNA Extraction Kits Market Opportunities:

The outbreak of COVID-19 is expected to provide significant growth opportunities for players in the DNA extraction kits market. For instance, in March 2020, Zymo Research announced a partnership with Tecan to launch a ready-to-go processing solution to streamline DNA/RNA extraction from COVID-19 specimens. The new workstation simplifies a process by providing pre-loaded scripts, optimized for viral RNA extraction, that are currently being validated for COVID-19 assays by high complexity testing labs.

Availability of novel, next-generation DNA extraction kits is expected to offer lucrative growth opportunities for players in the global DNA extraction kits market. For instance, in October 2020, Purigen Biosystems, Inc. announced the launch of Ionic Cells to Pure DNA Low Input Kit for researchers working with limited biological samples. The simplified and automated 60-minute workflow delivers high-quality DNA for rapid investigation of genetic abnormalities or examination of disease treatment effects.

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DNA Extraction Kits Market Report Coverage

Report Coverage Details
Base Year: 2021 Market Size in 2022: US$ 1,489.7 Mn
Historical Data for: 2017 to 2020 Forecast Period: 2022 to 2028
Forecast Period 2022 to 2028 CAGR: 7.7% 2028 Value Projection: US$ 2,320.6 Mn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East: GCC Countries, Israel, and Rest of Middle East
  • Africa: South Africa, North Africa, and Central Africa
Segments covered:
  • By Product: Cell-free DNA, Genomic DNA, and Others
  • By Application: PCR, Sequencing, Cloning, and Others
  • By Sample Type: Blood, Tissue, & FFPE, Cells, and Others
  • By End-User: Healthcare Facilities, Research Institutes, Pharma & Biotech Companies, and Others
Companies covered:

Thermo Fisher Scientific, QIAGEN, PROMEGA, F. Hoffmann-La Roche, Bio-Rad Laboratories, Agilent Technologies, among others

Growth Drivers:
  • Increase in prevalence of chronic disease across the globe
  • Increasing investments in R&D of molecular diagnostics
Restraints & Challenges:
  • High cost of DNA extraction kits
  • Lack of awareness about kits

Global DNA Extraction Kits Market Trends:

Technological advancements DNA extraction kits is expected to propel growth of the global DNA extraction kits market. For instance, in October 2021, Purigen Biosystems announced the launch of the Ionic Tissue to Pure DNA Kit. The new kit allows users of the Ionic Purification System to extract increased yields of high-quality DNA from fresh frozen biological samples with a simple, automated workflow.

Increasing research and development activities are expected to drive growth of the global DNA extraction kits market. For instance, in July 2020, the Indian Institute of Technology developed the cheapest RNA-based COVID-19 testing kit for commercial use, which was approved by the Indian Council of Medical Research.

Global DNA Extraction Kits Market Restraints:

High cost of DNA extraction kits is expected to hinder growth of the global DNA extraction kits market. For instance, technologically advanced DNA extraction kits are expensive than conventional methods. DNA extraction for a single sample or numerous samples of different sizes using different kits can be expensive. Cost of DNA extraction methods calculated on per sample basis to include cost of kits, Eppendorf tubes, stainless steel beads, and pipette tips.

Lack of awareness about the kits is expected to hamper the growth of the DNA extraction kits market. For instance, the low awareness and availability of the kits and less market penetration in the underdeveloped and developing regions, worldwide, are the major restraining factors for the growth of the DNA extraction kit market.

Figure 2. Global DNA Extraction Kits Market Share (%), by Product, 2021

DNA Extraction Kits  | Coherent Market Insights

Global DNA Extraction Kits Market Segmentation:

The global DNA extraction kits market report is segmented into Product, Application, Sample Type, End-User, and Region.

Based on Product, the market is segmented into Cell-free DNA, Genomic DNA, and Others. Out of which, Cell-free DNA Segment is expected to dominate the global DNA extraction kits market during the forecast period and this is attributed to the increase in prevalence of cancer across the world. Circulating cell-free DNA (cfDNA) provides real-time information that can be used to detect and monitor biomarkers of cancer and other diseases in a simple blood test.

Genomic DNA Segment is also expected to witness significant growth in the near future and this is owing to the growth in genomics-based research. Moreover, a rising number of research studies focused on understanding rare and common genome-based diseases are increasingly using kits and reagents, which is further driving the segment.

Based on Application, the market is segmented into PCR, Sequencing, Cloning, and Others. Out of which, PCR Segment is expected to dominate the market over the forecast period and this is attributed to the increase in molecular testing in diagnostics and increase in prevalence of chronic/infectious diseases. Molecular diagnostics enables clinicians to evaluate & monitor cancers, infectious diseases, immune status, and prenatal and neonatal health.

Sequencing Segment is also expected to witness significant growth in the near future and this is owing to the outbreak of COVID-19. The high infection rate of COVID-19 has led to the development and launch of many DNA and RNA based COVID-19 kits, which proved to be very crucial and were in huge demand later.

Based on Sample Type, the DNA extraction kits market is segmented into Blood, Tissue, & FFPE, Cells, and Others. Of which, Blood, Tissue, & FFPE Segment is expected to dominate the market over the forecast period. Genetic testing on various samples, such as blood, tissue, and FFPE, is popular due to the rise in next-generation sequencing (NGS), a technology used to determine the order of nucleotides in entire genomes or targeted regions of DNA or RNA.

Based on End User, the DNA extraction kits market is segmented into Healthcare Facilities, Research Institutes, Pharma & Biotech Companies, and Others. Out of which, All Segment are expected to dominate the market over the forecast period and this is attributed to the increase in disease burden, outbreak of COVID-19 (pandemic), technological advancements, and rise in research and development activities.

Global DNA Extraction Kits Market: Key Developments

In March 2021, Purigen Biosystems, Inc. announced the launch of the Ionic FFPE Complete Purification Kit for recovering RNA/DNA from the FFPE tissue samples in a single workflow. It helps in streamlining the workflow by reducing hands-on time by around 75% when compared to the manual column or bead-based methods.

In February 2020, Promega Corporation launched a new DNA extraction kit, known as Wizard HMW DNA Extraction Kit, for extracting large fragments of DNA from any biological sample.

Global DNA Extraction Kits Market: Key Companies Insights

The global DNA extraction kits market is highly competitive. This is attributed to the increase in demand for DNA extraction kits due to increase in disease burden, as a result, players in the market are focusing on launching novel products in the market.

Some of the key players in the global DNA extraction kits market are Thermo Fisher Scientific, QIAGEN, PROMEGA, F. Hoffmann-La Roche, Bio-Rad Laboratories, Agilent Technologies, among others.

*Definition: DNA extraction is the technique used to isolate DNA in a biological sample. It is a method to purify DNA by using physical and/or chemical methods from a sample separating DNA from cell membranes, proteins, and/or other cellular components. The primary use of these extractions is for DNA or RNA profiling of various organisms to better understand and sometimes to identify the unknown organism.

The DNA testing process is comprised of four main steps, including extraction, quantitation, amplification, and capillary electrophoresis. DNA extraction is a method used to purify DNA by using physical/chemical methods from a sample separating DNA from cell membranes, proteins, and/or other cellular components. DNA can be used for molecular analyses including PCR, electrophoresis, sequencing, fingerprinting and cloning. It is a technique used to isolate DNA in a biological sample. The primary use of extractions is for DNA profiling of various organisms to better understand and/or to identify the unknown organism.

Market Dynamics:

Increasing prevalence of cancer, technological advancements, outbreak of COVID-19, increase in research & development activities, and rise in investments in molecular diagnostics are some major factors expected to aid in the growth of the global DNA extraction kits market.

For instance, in June 2020, Omega Bio-tek Inc. launched an advanced viral RNA extraction kit for the COVID-19 testing, called Mag-Bind Viral RNA Xpress kit, for the efficient extraction of the Viral RNA from nasopharyngeal (NP) swab samples.

Moreover, according to the data released in December 2020 by the International Agency for Research on Cancer (IARC), around 1 in 5 people develops cancer in their lifetime, and 1 in 8 men and 1 in 11 women die from cancer, worldwide. In 2020, around 19.3 million new cancer cases were registered, worldwide, and 10 million people died from it. Therefore, the increasing prevalence of cancer may boost the growth of the DNA extraction kit market.

Key features of the study:

  • This report provides in-depth analysis of the global DNA extraction kits market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022–2028), considering 2021 as the base year.
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
  • It profiles key players in the global DNA extraction kits market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies.
  • Key companies covered as a part of this study include Thermo Fisher Scientific, QIAGEN, PROMEGA, F. Hoffmann-La Roche, Bio-Rad Laboratories, Agilent Technologies, among others
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
  • The global DNA extraction kits market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global DNA extraction kits market.

Detailed Segmentation:

  • Global DNA Extraction Kits Market, By Product:
    • Cell-free DNA
    • Genomic DNA
    • Others
  • Global DNA Extraction Kits Market, By Application:
    • PCR
    • Sequencing
    • Cloning
    • Others
  • Global DNA Extraction Kits Market, By Sample Type:
    • Blood, Tissue, & FFPE
    • Cells
    • Others
  • Global DNA Extraction Kits Market, By End-User:
    • Healthcare Facilities
    • Research Institutes
    • Pharma & Biotech Companies
    • Others
  • Global DNA Extraction Kits Market, By Geography:
    • North America
    • Europe
    • Asia-Pacific
    • Middle East and Africa
    • South America)
  • Company Profiles:
    • Thermo Fisher Scientific
    • QIAGEN
    • PROMEGA
    • Hoffmann-La Roche
    • Bio-Rad Laboratories
    • Agilent Technologies

Frequently Asked Questions

The global DNA extraction kits market size is estimated to be valued at US$ 1,489.7 Million in 2022 and is expected to exhibit a CAGR of 7.7% between 2022 and 2028.
Increase in prevalence of chronic disease across the globe and increasing investments in R&D of molecular diagnostics is fueling the growth of the market.
Cell-free DNA segment is the leading product segment in the market.
High cost of DNA extraction kits and lack of awareness about kits are major factors restraining growth of the market.
Major players operating in the market are Thermo Fisher Scientific, QIAGEN, PROMEGA, F. Hoffmann-La Roche, Bio-Rad Laboratories, Agilent Technologies, among others.

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