PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1643623
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1643623
The global DNA extraction kit market is projected to grow from USD 1.47 billion in 2024 to USD 2.73 billion by 2032, reflecting a compound annual growth rate (CAGR) of 7.9% during 2025-2032. This growth is driven by increasing research activities, advancements in forensic sciences and healthcare technologies, and rising investments in molecular diagnostics for chronic and infectious diseases.
Key Insights
The development of automated DNA extraction technologies and user-friendly, precise extraction kits is a major trend in the market. These advancements improve the speed and accuracy of DNA extraction, catering to the growing demand in genomics, oncology, and infectious disease diagnostics.
DNA extraction kits are widely utilized for profiling viral diseases and in applications such as next-generation sequencing. Collaborative research efforts aimed at mitigating future epidemics further drive the demand for efficient DNA extraction solutions.
Significant investments in healthcare infrastructure are boosting market growth. Increased healthcare spending in countries such as the U.S. and the U.K., as well as rising investments in the pharmaceutical and healthcare sectors across Asia-Pacific regions like China and India, contribute to the market's expansion.