The growth of this market can mainly be attributed to the increasing R&D activities as well as technological advancements and increasing automation. On the other hand, the high cost of automated instruments is expected to hinder the growth of the market.

The Nucleic Acid Isolation and Purification Market is projected to reach USD 4.8 billion by 2025 from USD 3.2 billion in 2020, at a CAGR of 8.9% during the forecast period.

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The growth in this market is majorly driven by the growth in the companion animal population, rising demand for pet insurance and growing animal health expenditure, growing number of veterinary practitioners & their rising income levels in developed economies, rising demand for animal-derived food products, and growing prevalence of animal diseases. However, high cost of veterinary imaging instruments and rising pet care costs are expected to restrain the growth of this market.

The…

The global mycoplasma testing markets growth is driven by factors such as the growing concerns over cell culture contamination, growth in the pharmaceutical and biotechnology industries, and rising pharmaceutical R & D activities and investments.

The global Mycoplasma Testing Market size is projected to reach USD 1,095 million by 2025 from USD 689 million in 2020, at a CAGR of 9.7%.

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