Among every single analytical methodology, the template preparation kits has been appeared to successfully reduced up to 40% of researchers time. The template preparation kits are used to rapidly and easily isolate genomic DNA from a wide range of research sample materials, including: whole blood, cultured cells, buffy coat, clinical research sample such as (sputum, feces, bronchoalveolar lavage, urine and swabs), animal tissue, mouse tail and some other. The template preparation kit allow the filter tube to specifically immobilize nucleic acid while they are freed of contaminants. The template preparation kits minimize the loss of DNA and it also removes the contaminants without performing precipitation. The template preparation kits can recover high molecular weight DNA till (30 to 50 kb). The template preparation kits increases reliability and reproducibility in downstream application such as real-time and quantitative PCR.
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Template Preparation Kits Market: Drivers and Restraints
Increase research in the field of genomics, rise in number of laboratories and R&D spending are the major factor to drive the market for template preparation kits over the forecast period. Additionally, shift of manual to automated sample preparation, increasing need of food analysis due to growing concern of community and rising adoption of modern extraction technique will further contribute to drive the market for template preparation kits over the coming years. However, high cost of the product, and vendor selection is expected to hamper the market growth for template preparation kits market. Furthermore, process related challenges is another factor that can impede the market growth. Contamination of the DNA and RNA after sample preparation also degradation of samples starts as soon as the samples are obtained, mainly RNA sample. All these factors are expected to have a negative impact in the market for template preparation kits.
Template Preparation kits Market: Overview
The template preparation kits market is expected to show a robust growth over the forecast period due to more R&D spending and growing pharmaceutical business all over the world. U.S spends billions of there money for R&D in the area of healthcare this will lead to have a positive impact for template preparation kits market. Based on product type the purification kit and isolation kit market is expected to hold the major revenue share during the forecast period. Based on end user, pharmaceutical and biotechnology industry segment is expected to hold the good digit revenue due to increase R&D in the field of drug and vaccines.
Template Preparation kits Market: Impact of COVID-19
The pandemic of novel coronavirus has spread globally. Initially, the coronavirus was expected to hit the Asian market; however, North America and Europe is on higher risk side as compare to Asian countries like India. The coronavirus outbreak has resulted in stock market turbulence, country-wide lock down and strict border controls. The concerns are focusing to develop COVID-19 treatment as early as possible. This has increased the focus of pharma & biotech and biological labs towards research and development of drugs and vaccines which is going to significantly impact the use of template preparation kits market positively and increased the sales in the near future.
Template Preparation kits Market: Regional Overview
Geographically, the template preparation market is segmented into regions such as Latin America, Europe, North America, South Asia, East Asia Middle East & Africa and Oceania. North America is projected to emerge as prominent market in the global template preparation kits market owing to increase in research and development activities in genomics and due to technological advancements. The template preparation kits market in the south Asia and East Asia is expected to grow substantially due to the increasing biodefense and forensic testing in developing economies such as China, India and Australia. Europe is expected to hold prominent share in the global template preparation kits market throughout the study period owning to adoption of new extraction technique and rising investment in biopharmaceuticals for safety concern.
Template Preparation kits Market: Key Players
Some example of market key player operating at the global level for template preparation kits across the value chain include Agilent Technologies Inc., Illumina, Bio-Rad Laboratories, Danaher Corporation, QIAGEN N.V., Thermo Fisher Scientific, PerkinElmer, Inc., Roche Applied Science, Promega Corporation, Sartorius and Merck.
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