The global non-radioactive nucleic acid labeling product market is expected to grow from US$ 1.5 billion in 2023 to US$ 2.5 billion by 2030, at a CAGR of 7.5% during the forecast period. The growth of the market is attributed to the increasing demand for non-radioactive nucleic acid labeling products in various applications, such as molecular biology, genomics, and proteomics.

Non-radioactive nucleic acid labeling products offer several advantages over radioactive labeling products, such as safety, ease of use, and cost-effectiveness. Radioactive labeling products are hazardous to work with and require specialized training and equipment. Non-radioactive labeling products, on the other hand, are safe to use and do not require any special training or equipment. Additionally, non-radioactive labeling products are typically less expensive than radioactive labeling products.

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Non-radioactive nucleic acid labeling products are a safe and effective alternative to radioactive labeling products. They are used to label nucleic acids, such as DNA and RNA, with a variety of different labels, such as fluorescent dyes, haptens, and enzymes. These labeled nucleic acids can then be used in a variety of different applications, such as in situ hybridization (ISH), Southern blotting, Northern blotting, and Western blotting.

Key Market Trends:

The increasing adoption of non-radioactive labeling techniques in molecular biology and biotechnology research is the key market trend driving the growth of the non-radioactive nucleic acid labeling product market. Non-radioactive labeling techniques are safer, more convenient, and more sensitive than traditional radioactive labeling techniques.

Another key market trend is the growing demand for non-radioactive nucleic acid labeling products in the pharmaceutical industry. Pharmaceutical companies are using non-radioactive labeling products to develop new drugs and therapies.

Key Takeaways:

  • The global non-radioactive nucleic acid labeling product market is expected to grow from US$ 1.5 billion in 2023 to US$ 2.5 billion by 2030, at a CAGR of 7.5%
  • The growth of the market is attributed to the increasing demand for non-radioactive nucleic acid labeling products in various life science applications, such as DNA sequencing, PCR, and hybridization.
  • Other factors driving the market growth include the rising prevalence of infectious diseases, the growing demand for personalized medicine, and the increasing investment in life science research.

Regional Outlook:

  • North America is expected to be the largest market in terms of revenue, accounting for over 35% of the global market share in 2023.
  • The growth of the market in this region is attributed to the increasing demand for non-radioactive nucleic acid labeling products in the pharmaceutical and biotechnology industries.
  • Europe is expected to be the second-largest market, followed by Asia Pacific.
  • The growth of the market in Asia Pacific is attributed to the increasing investment in life science research and the growing demand for personalized medicine in this region.

Key Players:

  • Some of the key players in the global non-radioactive nucleic acid labeling product market include:
    • Thermo Fisher Scientific
    • PerkinElmer
    • Roche Diagnostics
    • GE Healthcare
    • Illumina
    • Agilent Technologies
    • Qiagen
    • Merck KGaA
    • Bio Rad Laboratories
    • Invitrogen
    • Promega

Segmentation:

By Product Type:

  • Enzymes
  • Probes
  • Kits
  • Others

By Application:

  • DNA Sequencing
  • PCR
  • Hybridization
  • Other Applications

By End User:

  • Pharmaceutical and Biotechnology Companies
  • Academic and Research Institutes
  • Hospitals and Diagnostic Centers
  • Other End Users