The industry for cell-free RNA isolation and extraction kits is significant, and it plays an important role in data collection for a number of treatment techniques, highlighting its importance in the healthcare business. Cell-free RNA is crucial to the precision medicine strategy because it guarantees the effective and safe use of targeted medicines. The majority of companies selling products on the global market for cell-free RNA isolation and extraction kits do so.

Increasing investments in the R&D for cell-free RNA isolation and extraction is one of the major opportunities in the global cell-free RNA isolation and extraction kits market. Several biotechnology and pharmaceutical companies are working collaboratively to adopt cell-free RNA isolation and extraction in the field of oncology, prenatal screening, and metabolic disorders.

The global cell-free RNA isolation and extraction kits market is projected to reach $140.7 million by 2032 from $30.2 million in 2021, growing at a CAGR of 14.98% during the forecast period 2022-2032. The growth in the cell-free RNA isolation and extraction kits market is expected to be driven by an increasing number of kits and a rising number of open-source free sequencing platform providers offering cell-free RNA analysis.

Impact

•   The presence of major products of cell-free RNA isolation and extraction kits in regions such as North America and APAC has a major impact on the market. For instance, QIAGEN N.V. provides cell-free RNA isolation and extraction kits.
•   Companies such as Zinexts Life Science Corp. and JBS Science, Inc. enter into a technology commercialization cooperation agreement to allow Zinexts to manufacture and sell JBS nucleic separation kits, including cfDNA and RNA isolation kits. This license agreement will make it easier to access JBS NA Zinexts's JBS NA isolation equipment as well as their isolation automation systems The presence of these companies has a positive impact on the market growth.

Recent Developments in Global Cell-Free RNA Isolation and Extraction Kits Market

•    In February 2022, Zinexts Life Science Corp. and JBS Science, Inc. enter into a technology commercialization cooperation agreement to allow Zinexts to manufacture and sell JBS nucleic separation kits, including cfDNA and RNA isolation kits. This license agreement will make it easier to access JBS NA Zinexts's JBS NA isolation equipment as well as their isolation automation systems.
•    In February 2019, Norgen Biotek Corp. introduced the cf-DNA / cf-RNA Preservative Tubes for long-term storage of blood. These are more suitable blood collection tubes (BCTs) as compared to other competitor’s blood collection tubes (BCTs) in the cell-free RNA market. This is the only product that keeps both cf-DNA and cf-RNA in the same tube for 30 days, allowing researchers to examine both genomics and transcriptomics.

Market Segmentation:

Segmentation 1: by Application
•    Oncology
•    Prenatal Screening (Preeclampsia)
•    Metabolic Disorders

The oncology segment accounted for the largest share of 79.85% in the global cell-free RNA isolation and extraction kits market in 2021.

Segmentation 2: by End User
•    Hospitals
•    Academic Research Institutions and Laboratories
•    Pharmaceutical and Biotechnology Companies
•    Diagnostic Laboratories

The academic research institutions and laboratories segment accounted for the largest share of 63.13% in the global cell-free RNA isolation and extraction kits market in FY2021.

Segmentation 3: by Region
•    North America
•    Europe
•    Asia-Pacific
•    Latin America
•    Rest-of-the-World

North America cell-free RNA isolation and extraction market dominated the global cell-free RNA isolation and extraction kits market and is expected to maintain its dominance over other regions throughout the forecast period 2022-2032.

Demand – Drivers and Limitations

Following are the demand drivers for the Global Cell-Free RNA Isolation and Extraction Kits Market:

•    Increasing Incidence of Cancer
•    Increasing Number of Cases with Prenatal Complications
•    Advancement in the RNA Sequencing Technology

The market is expected to face some limitations too due to the following challenges:

•    Lack of Skilled Professionals and Awareness Related to Cell-Free RNA Methods
•    Ethical, Legal, and Social Issues Associated with Prenatal Screening

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Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts and analyzing company coverage, product portfolio, and market penetration.

The leading top segment players include cell-free RNA isolation and extraction kits manufacture in year 2021 that caters to different area of application that includes oncology, prenatal screening, and metabolic disorders.

Some of the prominent names established in this market are:

•    Aline Biosciences
•    Apostle Sciences
•    Danagen-Bioted, S.L.
•    F. Hoffmann-La Roche Ltd.
•    JBS Science Inc.
•    Norgen Biotek Corp.
•    PerkinElmer, Inc.
•    Promega Corporation
•    QIAGEN N.V.
•    Streck, Inc.
•    Thermo Fisher Scientific Inc.
•    Takara Bio Inc.
•    Zymo Research Corporation

Key Questions Answered in the Report

• How is the cell-free RNA isolation and extraction kits
• market revolutionizing oncology, prenatal screening, and metabolic disorders’ landscapes?
• What are the major market drivers, challenges, and opportunities in the global cell-free RNA isolation and extraction kits market?
• What are the underlying structures resulting in the emerging trends within the cell-free RNA isolation and extraction kits market?
• What are the key development strategies that are being implemented by major players to sustain themselves in the market?
• What are the key regulatory implications in developed and developing regions pertaining to the use of cell-free RNA products and services?

  USP of this report

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