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Cell-Free DNA Isolation and Extraction Market - A Global and Regional Analysis

Focus on Consumables, Platform, Techniques, Application, End User, and Region - Analysis and Forecast, 2021-2031

 
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The global cell-free DNA isolation and extraction market was valued at $169.9 million in 2020 and is expected to reach $735.1 million by 2031, witnessing a CAGR of 14.19% during the forecast period 2021-2031.
The top market players are Thermo Fisher Scientific Inc., QIAGEN, Danaher, PerkinElmer, Inc., Endress+Hauser AG, Agilent Technologies, Inc., F. Hoffmann-La Roche Ltd., Merck KGaA, Illumina, Inc., Takara Bio Inc., Aline Biosciences, EpiGentek Group, Inc., Omega Bio-tek, Inc., Promega Corporation, Streck, Inc., AccuBioMed Co., Ltd., AMSBIO, Covaris, Inc., EntroGen, Inc., NeoGeneStar LLC, Norgen Biotek Corp., STRATEC SE, System Biosciences, LLC, Vela Diagnostics.
Factors driving the growth of the cell-free DNA isolation and extraction market are cell-free DNA isolation and extraction inclined by rising prevalence of cancer, strategic initiatives by key market players, and rise in the field of microbial sequencing.
Some of the main challenges restricting the growth of the cell-free DNA isolation and extraction market are high cost of automated instruments, genomic data protection, and rigid regulatory standards.
The potential opportunities that are likely to boost the growth of the cell-free DNA isolation and extraction market are technological advancement toward innovation in cell-free DNA isolation and extraction, and massive scope for adoption of NGS-based genetic tests in emerging market.
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