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(Medical-NewsWire.com, June 07, 2018 ) Middle East and Africa Nucleic Acid Labelling Market was worth $110.54 million in 2016 and estimated to be growing at a CAGR of 8.97%, to reach $169.87 million by 2021. Nucleic Acid Labelling have many applications in fields of drug discovery and identification of new diseases.
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Nucleic Acid Labelling has various applications in fields of drug synthesis, disease discovery and diagnosis. Nucleic Acids are complex large molecules that carry the genetic information for next generations. DNA and RNA are two major types of nucleic acids. RNA carries protein synthesis while DNA carries the hereditary characteristics. They are labelled with tags which assist in purification and detection processes. There are numerous chemical and enzymatic methods used for labelling like corporation of fluorescent tags, radioactive phosphates, and modifications with biotin, which are primarily utilized in biotechnology applications.
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Increasing expenditure for health care, increasing funding for R&D in genomics and disease diagnosis, increasing demand for personalized healthcare are the factors driving the growth of market. Nevertheless, factors like costly processing techniques and limited amount of skilled professionals are likely to low down the growth of market.
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The Middle East and Africa market for Nucleic Acid Labelling is segmented based on Product, Labelling Technique, Application and End-User. Based on Product – Reagents and Kits, Services. Based on Labelling Technique – PCR, Nick Translation, Random Primer, In-Vitro Transcription, Reverse Transcription. Based on Application – DNA Sequencing, PCR, Fluorescence in Situ Hybridization (FISH), Microarrays, Blotting, In-Situ Hybridization. Based on End-Users – Diagnostic Centres, Research Centres, Hospitals. Based on Geographical analysis the market is separated into regions of Middle East and Africa. Middle is leading the market while Africa is at second place. Increasing personalized medicines, identifying the genetic modifications and therapeutic areas have enabled Middle East to dominate the market. Middle East is also expected to grow the fastest due to government initiatives to develop healthcare infrastructure and making the products cost efficient and increased R&D expenditure. DNA sequencing occupies major share in terms of Applications due to its uses in identification of genetic disorders, tumour genetic variations. Reagents and Kits occupy major share among products segment due to their numerous uses in Diagnostic and Research Centres. Based on End User Research Centres occupy the major share owing to increasing government funding to increase research activity and drug discovery.
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Some of the key players dominating this market include Thermo Fisher Scientific, New England Biolabs, PerkinElmer, F. Hoffmann La-Roche AG, General Electric Company, Merck KGaA, Enzo Biochem, Promega Corporation, Vector Laboratories, and Agilent Technologies.
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