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Red Biotechnology Market Growth Accelerated by Expanded Application Areas

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Red biotechnology refers to technology that involves biological and medical applications of biotechnology, including genetic engineering, gene therapy, immunotherapy, stem cell therapy and regenerative medicine. Red biotechnology products consist of tissue engineering and prosthetic implants, gene therapy, and therapeutic protein drugs and vaccines. These products help to diagnose, prevent and treat many diseases and enhance human health. The global Red Biotechnology Market is estimated to be valued at US$ 855.71 Bn in 2023 and is expected to exhibit a CAGR of 19% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The expanding application areas of red biotechnology products is one of the major trends driving the growth of red biotechnology market. Red biotechnology finds increasing application in the development of diagnostic tools, therapeutic agents, and medical devices. With the advancements in genomics...

The global Next Generation Sequencing Market Growth Accelerated by Emerging Applications

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Next generation sequencing technology allows researchers to sequence whole genomes and identify gene mutations associated with various diseases. It enables high-throughput, cost-effective sequencing for clinical diagnostics, drug discovery, genomics, epigenomics, transcriptomics, and more. Next generation sequencing equipment provides faster and cheaper genome sequencing compared to traditional Sanger sequencing. This enables researchers to identify new drug targets and develop personalized medicines. The global Next Generation Sequencing Market is estimated to be valued at US$ 678.13 Mn in 2023 and is expected to exhibit a CAGR of 5.2% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The emergence of new applications for next generation sequencing is driving market growth. Life sciences companies are increasingly using sequencing for applications like agriculture, animal research, and infectious disea...

The global Europe Platelet rich Plasma Market Growth Accelerated by Increasing Adoption in Cosmetic surgeries

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Platelet-rich plasma (PRP) is a concentrate of platelets derived from the blood plasma with a number of growth factors and proteins. PRP therapy is being increasingly used in cosmetic surgeries such as hair restoration, fat grafting, and wound healing. It helps in boosting skin rejuvenation process and promoting hair growth. Due to the anti-inflammatory and healing properties of PRP, it is in high demand among cosmetic surgeons. The global Europe Platelet rich Plasma Market is estimated to be valued at US$ 127.19 Mn in 2024 and is expected to exhibit a CAGR of 5.3% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing adoption of PRP in cosmetic surgeries is one of the major factor driving the growth of Europe platelet rich plasma market. PRP therapy is vastly used in hair restoration procedures as it helps in regrowing hairs on bald patches. Additionally, PRP finds application in anti-aging ...

DNA Extraction Kits Market Growth Accelerated by Increased Adoption of DNA Extraction Kits in Forensic Applications

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DNA extraction kits are used to isolate the genomic DNA from blood, saliva, body fluids or tissue samples, which is then analyzed for various genetic or forensic applications like identity testing, genetic disease diagnostics, prenatal testing and molecular biology research. DNA extraction kits offer ease of use, minimal hands-on time, consistent and high yield results suitable for downstream applications such as DNA amplification. With the growing demand for DNA analysis in forensics application, DNA testing has become a crucial part of criminal investigations. The global DNA Extraction Kits Market is estimated to be valued at US$ 640 million in 2023 and is expected to exhibit a CAGR of 5.9% over the forecast period 2023-2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The growing adoption of DNA extraction kits in forensic applications is one of the major trends driving the growth of this market. Collection of genetic material from cri...