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Sales Revenue of Automated DNA Extraction Systems Market to escalate in the Coming Years Owing to Changes in Market Dynamics During COVID-19 Pandemic…

May 23rd, 2020 3:42 pm

The COVID-19 pandemic has caused supply and manufacturing disruptions in the Healthcare creating uncertainties in every aspect. The change in customer behavior in terms of mobility preferences during this crisis is changing the Healthcare landscape.

This pandemic situation has shut down many production lines owing to the trade restrictions and closed borders, creating a shortage in required parts and limiting the distribution of supplies. Different enforced measures including the closing of workspaces and dismissal of short-time workers have created a depression in the growth rate of the Healthcare Industry.

The growing fear of recession is estimated to decrease overall sales and revenue. A limited supply of parts coupled with a reduced workforce has forced the leading OEMs to shut down their production. A significant drop in demand has restricted the cash inflow which is highly important in payment of salaries to the workforce. With growing uncertainties around the COVID-19 pandemic, the industry leaders are taking measures to adapt to the situation.

Introduction

DNA extraction is a process of purifying the DNA from the sample using a combination of physical and chemical methods. DNA extraction is used in many types of biological research including molecular biology, forensics, pathology, environmental research, and drug discovery. The ability to extract DNA is of prime importance in order to study the genetic causes of disease and to develop of diagnosis and drugs, It is also essential for carrying out forensic science, sequencing genomes, detecting bacteria and viruses in the environment and for determining paternity. The three basic steps involved in DNA extraction are lysis, precipitation, and purification. Amongst the most common DNA extraction methods are organic extraction, Chelex extraction, and solid phase extraction. Though these methods consistently yield isolated DNA, the quality and the quantity of DNA yielded differ. There are multiple factors to consider when selecting a DNA extraction method which including cost, time, safety, and risk of contamination. Automated DNA Extraction Systems are easy to use with the reliable system and affordable kits. DNA extraction is a crucial stage in the processing of the samples in most molecular genetics laboratories. DNA isolation and extraction techniques are opening fascinating opportunities in the life sciences therefore by automating this process it could potentially be beneficial a number of reasons including increased throughput in relatively lesser time and more consistent and reproducible results, also improved sample tracking, less risk of contamination and more safety.

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Automated DNA Extraction Systems Market: Drivers and Restraints

The major factors driving the growth of the market include increasing public-private funding for life science research and presently commercially available very high-throughput automated DNA Extraction Systems, as well as techniques that are under development. The rising adoption of technology in both academic and research laboratories is expected to rise as the results provide valuable and comprehensive information which the major factor is driving the growth of Automated DNA Extraction Systems Market over the forecast period. The growing advancement in technology with ease of use cost-effective control and reliable results are driving the Automated DNA Extraction Systems Market. The Analysis with the Automated DNA Extraction Systems helps in applications such as next-generation sequencing, Genotyping, Chip-based applications, PCR and others which will expand the Automated DNA Extraction Systems market. DNA extraction is a crucial stage in the processing of the samples in most molecular genetics laboratories which is driving the automated DNA Extraction Systems market. The areas such as plants and animal genomics, cancer research, diagnostics, clinical research will benefit due to the Automated DNA Extraction Systems market. These devices will provide high throughput and greater efficiency. The overall market of Automated DNA Extraction Systems Market is pushed by the increasing demand for growing expenditure on healthcare.

Automated DNA Extraction Systems Market: Segmentation

Tentatively, the global Automated DNA Extraction Systems Market devices Market can be segmented on the basis of types of Product type, Application, End User and geography.

Based on target type, the global Automated DNA Extraction Systems Market devices market is segmented as:

Based on end users, the global Automated DNA Extraction Systems Market devices market is segmented as:

Based on region, the global Automated DNA Extraction Systems Market is segmented as:

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Automated DNA Extraction Systems Market devices: Regional Outlook

Geographically, the global Automated DNA Extraction Systems Market devices are segmented into viz. North America, Latin America, Europe, Asia-Pacific excluding Japan (APEJ), Japan and the Middle East and Africa (MEA). North America is expected to be the dominant market in the global Automated DNA Extraction Systems Market owing to increasing number of research and development and increasing public-private funding for life science research. Also, the Automated DNA Extraction Systems market in North America will rise due to the advancement in the technology and availability of skilled healthcare professionals. Europe is expected to have the second large share in the global Automated DNA Extraction Systems Market devices market throughout the forecast period. The Automated DNA Extraction Systems Market devices Market in the Asia Pacific excluding Japan is expected to grow at a significant CAGR due to an expansion of product offerings by the key players and increasing biotechnology industries in the region.

Automated DNA Extraction Systems Market: Key Players

The global market for Automated DNA Extraction Systems Market devices is highly fragmented. Examples of some of the key players operating in the global Automated DNA Extraction Systems Market devices are Thermo Fisher Scientific, QIAGEN, Autogen Inc., GeneReach Biotechnology Corp., Genolution Inc., RBC Bioscience Corp., Biosynex SA, Aurora Biomed Inc, bioMrieux SA, ADS Biotec Inc. PerkinElmer Inc., AITbiotech Pte Ltd, Roche Molecular Systems, Inc. Westburg BV among others.

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Key data points covered in report

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Sales Revenue of Automated DNA Extraction Systems Market to escalate in the Coming Years Owing to Changes in Market Dynamics During COVID-19 Pandemic...

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