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Europe Nucleic Acid Sample Preparation Market Set for Notable Growth, Reaching $3.35 Billion by 2032
European Nucleic Acid Sample Preparation Market
Dublin, March 04, 2024 (GLOBE NEWSWIRE) -- The "Europe Nucleic Acid Sample Preparation Market - Analysis and Forecast, 2022-2032" report has been added to ResearchAndMarkets.com's offering.
The latest research publication added to our extensive repository presents an in-depth analysis of the nucleic acid sample preparation market across Europe with projections revealing a steady climb to a $3.35 billion valuation by 2032. This marks a compound annual growth rate (CAGR) of 9.89% beginning from a $1.30 billion benchmark in 2022. This market's trajectory is underpinned by the burgeoning application of nucleic acid molecules across various medical disciplines.
The study emphasizes the critical role of nucleic acid sample preparation technologies, which are pivotal for the exact analysis of nucleic acids and constitute the bedrock of advanced molecular biology research and applications. Innovations in nucleic acid extraction and isolation methods are supporting the expansion of Europe's market, catering to the growing demands for applications such as next-generation sequencing (NGS).
Key Market Segments Driving Growth
Analysis within the research focuses on several key European economies:
Germany
France
Italy
Spain
U.K.
Rest-of-Europe
The Europe region accounted for a significant share of 31.14% in 2021, supported by the presence of some of the market's eminent players. Heightened investment and strategic regional expansions by these companies are catalysts fashioning the upward trend.
Recent Developments and Key Players in the Market
Noble undertakings and strategic collaborations shape the current scenario of the market, providing it with a dynamic and adaptive edge:
In November 2022, an agreement between RevoluGen, a U.K. genomics firm, and Tecan Trading AG, which specialises in laboratory automation, marked a significant development with production implications for high molecular weight (HMW)-DNA extraction kits.
Additionally, the report alludes to various strategic actions by key players including:
Endress+Hauser Group Services AG
Eppendorf SE
F. Hoffmann-La Roche Ltd
Merck KGaA
QIAGEN
Tecan Trading AG
The insights garnered from the analyses of these industry behemoths frame the competitive landscape and provide a lens through which market dynamics can be understood and navigated effectively.
The nucleic acid sample preparation market in Europe is at an inflection point, with poised growth and technological advancements lining the path forward. The detailed market analysis, alongside the depiction of growth and marketing strategies, primes interested stakeholders for informed decision-making and strategy formulation in this crucial sector. The collective market intelligence lays out a roadmap for the future as Europe steps into an era of precision medicine and diagnostic rigor in healthcare.
Key Attributes
Report Attribute | Details |
No. of Pages | 107 |
Forecast Period | 2022 - 2032 |
Estimated Market Value (USD) in 2022 | $1.3 Billion |
Forecasted Market Value (USD) by 2032 | $3.35 Billion |
Compound Annual Growth Rate | 9.8% |
Regions Covered | Europe |
Key Topics Covered
Market
Nucleic Acid Sample Preparation Market, Industry Analysis
Nucleic Acid Sample Preparation Market: Market Dynamics
Competitive Landscape
Nucleic Acid Sample Preparation Market, by Region ($Million), 2021-2032 6 Company Profiles
Companies Mentioned
Endress+Hauser Group Services AG (Analytik Jena GmbH)
Eppendorf SE
F. Hoffmann-La Roche Ltd
Merck KGaA
QIAGEN
Tecan Trading AG
For more information about this report visit https://www.researchandmarkets.com/r/iceakc
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
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