Cell Free RNA Isolation & Extraction Kits Market to be dominated by Growing Prevalence of Cancer through 2027
Growing prevalence of cancer
and rise in cases with prenatal complications to drive the cell free RNA
isolation & extraction kits market in the forecast period, 2023-2027.
According to TechSci Research report, “Cell
Free RNA Isolation & Extraction Kits Market - Global Industry
Size, Share, Trends, Opportunity, and Forecast, 2017-2027”, the global cell free RNA isolation & extraction
kits market is anticipated to grow at a significant rate in the forecast
period, 2023-2027. The increase in incidences of different types of cancer, and
growing number of cases with prenatal complications are the primary factors
driving the demand for the global cell free RNA isolation & extraction kits
market. Growing technological advancements, rise in geriatric population, awareness
among patient population about non-invasive techniques, and heavy investments
in healthcare sector are expected to influence the market demand. Also, strategic
partnerships and collaborations by biotechnology and pharmaceutical companies are
also a key factor for increasing the growth of the cell free RNA isolation
& extraction kits market, globally.
However, the lack of skilled professionals and
awareness related to cell-free RNA methods and ethical, legal, and social
issues related with prenatal screening can hamper the growth of the global cell
free RNA isolation & extraction kits market.
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The global cell free RNA
isolation & extraction kits market is segmented into application, end user,
and company.
Based on application, the
market is divided into oncology, prenatal screening, metabolic disorders, and
others. The oncology segment is expected to hold the largest market share. This
is attributed to the increasing number of patients suffering from cancer, and
rising occurrences of various kinds of cancers. Also, the rise in elderly
generation is driving the growth of the segment.
Based on end user, the market
is segmented into hospitals & clinics, pharmaceutical & biotechnology
companies, and others. The hospitals
& clinics segment is anticipated to grow during the forecast period. This
is attributed to the rising number of cases suffering from diseases such as
metabolic disorders, prenatal complications, and cancer. Also, the investments
by governments for better healthcare development and infrastructure is
propelling the segment growth.
Major operating companies
operating in global cell free RNA isolation & extraction kits market are:
- F.Hoffmann-La Roche AG
- JBS Science Inc.
- Aline Biosciences
- Apostle Inc. (Apostle Sciences)
- Danagen-Bioted, S.L.
- Norgen Biotek Corp.
- PerkinElmer, Inc.
- Promega Corporation
- QIAGEN N.V.
- Thermo Fisher Scientific Inc.
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“North America region dominates the
market in 2021 and is expected to maintain its dominance in the coming years
due to increase in patient numbers suffering from prenatal complications,
metabolic disorders, and various kinds of cancer. The strongly established
research and healthcare infrastructure, emerging new technologies, rising
awareness among population, and heavy investments by government in the region
is another key factor. Also, owing to strategic acquisitions and partnerships by biotechnology and
pharmaceutical companies in
the region are expected to propel the global cell free RNA isolation &
extraction kits market growth till 2027” said Mr. Karan Chechi, Research
Director with TechSci Research, a research based global management consulting
firm.
“Cell Free RNA Isolation
& Extraction Kits Market - Global Industry Size, Share, Trends,
Opportunity, and Forecast, 2017-2027 Segmented By Application (Oncology,
Prenatal Screening, Metabolic Disorders, Others), By End User (Hospitals &
Clinics, Pharmaceutical & Biotechnology Companies, Others), By Company, and
By Region”, has evaluated the future growth potential of global cell
free RNA isolation & extraction kits market and provides statistics &
information on market size, structure, and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in global cell free RNA isolation & extraction kits market.
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