PLASMID PURIFICATION MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Takeaways from Analyst

Rising pharmaceutical and biotechnology research activities will drive the demand for plasmid purification kits that are used to isolate and purify plasmid DNA from bacterial cells.

North America dominates the market owing to a strong presence of leading life science players and increasing R&D investments in drug development and discovery. However, Asia Pacific is likely to see the fastest growth led by China and India on back of favorable government policies promoting generic drug manufacturing.

Restraining factors could be the availability of less expensive alternatives to plasmid purification kits. However, efficiency and quality offered by plasmid extraction kits will ensure their preference among researchers. Continuous technological advancements to introduce more automated and higher throughput plasmid purification solutions also present an opportunity for established players to further enhance their product portfolio.