Global Isothermal Nucleic Acid Amplification Technology Market By Product (Assays, Kits, & Reagents, Systems), By End User (Hospitals, Reference Laboratories, Research and Academic Institutes), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationGlobal Isothermal Nucleic Acid Amplification Technology Market By Product (Assays, Kits, & Reagents, Systems), By End User (Hospitals, Reference Laboratories, Research and Academic Institutes), By Geographic Scope And Forecast
Isothermal Nucleic Acid Amplification Technology Market Size And Forecast
Isothermal Nucleic Acid Amplification Technology Market size was valued at USD 4.1 Billion in 2022 and is projected to reach USD 8.4 Billion by 2030, growing at a CAGR of 9.4% from 2023 to 2030.
A wide range of techniques for amplifying and detecting particular nucleic acid sequences at a constant temperature are included in the market for isothermal nucleic acid amplification technology on a global scale. These techniques have a wide range of uses and benefit from being quick, easy, and adaptable to different sample types. The market, which includes significant players from the manufacturing and research sectors, is driven by factors such as rising illness prevalence, demand for quick diagnostics, and developments in genomics research.
Global Isothermal Nucleic Acid Amplification Technology Market Definition
The "Global Isothermal Nucleic Acid Amplification Technology Market" basically refers to the business surrounding ways to make more of and find specific bits of DNA or RNA in, say, a blood sample. This nucleic acid amplification thing is super important in molecular biology – it lets us copy DNA or RNA pieces, which helps us spot and study specific genes. What's cool about isothermal methods compared to the usual PCR (polymerase chain reaction) is that they don't need constant temperature changes. That means they're often faster, simpler to use, and can even work in places without fancy equipment.
Loop-mediated isothermal amplification (LAMP), recombinase polymerase amplification (RPA), helicase-dependent amplification (HDA), and nicking enzyme amplification reaction (NEAR) are only a few of the techniques available on the market for isothermal nucleic acid amplification technology. The target nucleic acids are amplified and detected using various mechanisms and enzymes in each of these methods. Isothermal nucleic acid amplification technology has a wide range of uses that are constantly expanding. It is widely used in many different disciplines, including environmental monitoring, food safety analysis, clinical diagnostics, infectious disease testing, pathogen identification, and genetic testing.
These methods are a real game-changer in places like research labs, hospitals, clinics, and even at-home testing setups. Why? Because they give you results fast, are super sensitive, and can handle pretty much any type of sample you throw at them. What's fueling the Global Isothermal Nucleic Acid Amplification Technology Market? Think about itwe're seeing more infectious diseases, we need diagnostic tools that are both quick and spot-on, and there's tons of cool stuff happening in genomics and molecular biology. Plus, people want testing options they can use anywhere. The market is also getting a boost from those easier-to-use, portable devices. The big players? You've got the companies making the kits, reagents, and tools, and then you've got the research labs dreaming up new techniques. To stay ahead, they're teaming up, working together, and constantly investing in R&D to make their products even better and grab more market share.
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Global Isothermal Nucleic Acid Amplification Technology Market Overview
The Global Isothermal Nucleic Acid Amplification Technology Market? It's really taking off, fueled by some key things happening in the industry! There are both things pushing it forward (drivers) and holding it back (restraints). Think of isothermal nucleic acid amplification technologies as a set of smart molecular biology tools. They let us copy and find specific bits of genetic code without the whole heating and cooling cycle you need for regular PCR (Polymerase Chain Reaction). This makes them super handy for all sorts of things – like diagnosing infections, doing genetic tests, and even just for research. The best part? They're fast, simple, and portable! This means we can diagnose nasty bugs like HIV, TB, and Ebola much faster and even right on the spot!
We're seeing a surge in demand for isothermal nucleic acid amplification tech because we really need fast and accurate ways to diagnose and manage infectious diseases. Think about itwith nasty bugs like COVID-19, Zika, and dengue fever becoming more common, we need rapid, sensitive tests. What's great is that isothermal amplification gives us a solid way to quickly identify and keep tabs on these illnesses, which is really driving the market. And it keeps getting better! Improvements in performance, sensitivity, and specificity are happening all the time. Plus, new techniques like recombinase polymerase amplification (RPA), loop-mediated isothermal amplification (LAMP), and helicase-dependent amplification (HDA) have expanded what we can do and helped the market grow. Finally, because it's quick and easy to use, this technique is perfect for point-of-care testing.
Think about it – Point-of-Care Testing (POCT) is becoming super popular, especially in places with limited resources, and that's really fueling the demand for isothermal nucleic acid amplification techniques. But even though the EV platform market is looking pretty bright, there are definitely some bumps in the road. You know, developing and making isothermal nucleic acid amplification tech can cost a pretty penny, which is tough, especially for those little diagnostic companies. And because it's pricey, it might not be available everywhere, or in all clinics. Plus, even though researchers are all over isothermal nucleic acid amplification, not all platforms are actually available to buy, or approved for use in diagnoses. That could really slow down how quickly it catches on and spreads. Another thing? Getting consistent, reliable results across different isothermal nucleic acid amplification platforms can be tricky because everyone uses different ingredients, steps, and ways to detect things. So, to really make this work and get everyone on board for clinical diagnoses, we've gotta have some standardization and quality control in place.
Global Isothermal Nucleic Acid Amplification Technology Market Segmentation Analysis
The Global Isothermal Nucleic Acid Amplification Technology Market is Segmented on the basis of Product, End User, and Geography.
Isothermal Nucleic Acid Amplification Technology Market, By Product
- Assays, Kits, & Reagents
- Systems
Based on Product, the market is segmented into assays, kits, & reagents, and systems. The assays, kits & reagents segment holds the largest market share and is estimated to witness the highest CAGR during the forecast period. A growing number of CLIA-waived tests are being approved, reagent purchases are being made repeatedly, and better, quicker, and more reliable POC solutions are continuously being introduced which contributes to the market’s expansion.
Isothermal Nucleic Acid Amplification Technology Market, By End User
- Hospitals
- Reference Laboratories
- Research and Academic Institutes
- Others
When we look at who's actually using this stuff – the End Users – the market breaks down into places like hospitals, reference labs, research centers, and a few other categories. Right now, hospitals are the biggest piece of the pie, and they're expected to keep growing faster than anyone else in the next few years. We also think that central and reference labs are going to become a much bigger deal, thanks to more of them popping up and the fact that medical labs are using fancy molecular diagnostic techniques more and more. And speaking of important, reagents – you know, the stuff you need to actually do the tests – have been a huge deal up until 2022. That’s because they're being used more and more in everyday clinics and hospitals, plus it's getting easier to get your hands on really good polymerases that can do reverse transcription.
Isothermal Nucleic Acid Amplification Technology Market, By Geography
- North America
- Europe
- Asia Pacific
- Latin AmericaMiddle East and Africa
Looking at different parts of the world, we can break down the Global Isothermal Nucleic Acid Amplification Technology Market by regionNorth America, Europe, Asia Pacific, and the Rest of the World. Right now, North America holds the biggest piece of the pie in this market and expectations are high that it will keep growing strong for the foreseeable future. What's driving all this growth? Well, there are a few key thingsmore and more research focusing on spotting infectious diseases, a bigger appetite for new Isothermal Nucleic Acid Amplification Technology systems and kits, and increased usage of Isothermal Nucleic Acid Amplification Technology consumables.
Key Players
The “Global Isothermal Nucleic Acid Amplification Technology Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as Abbott Laboratories, Thermo Fisher Scientific, Hologic, Meridian Bioscience, Grifols, Becton, Dickinson and Company, GE Healthcare, Genomtec, Tecan Group, Quidel Corporation, bioMérieux, OptiGene, Eiken Chemical, Jena Bioscience, and DiaSorin.
Our market analysis offers detailed information on major players wherein our analysts provide insight into the financial statements of all the major players, product portfolio, product benchmarking, and SWOT analysis. The competitive landscape section also includes market share analysis, key development strategies, recent developments, and market ranking analysis of the above-mentioned players globally.
Key Developments
- In August 2022, The Maternal Foetal Medicine Division of Stanford University’s Department of Obstetrics and Gynaecology announced the renewal of its exclusive relationship with LGC Clinical Diagnostics, a prominent supplier and partner to international in vitro diagnostics manufacturers and clinical laboratories. According to the terms of the agreement, Stanford University will keep giving LGC clinical guidance on how to find and choose blood samples from rare patients whose pregnancy has been diagnosed as having a genetic mutation.
- In May 2022, With the introduction of two new cutting-edge master mixes, Lyo-Ready Direct DNA LAMP Saliva Mix and Lyo-Ready Direct RNA/DNA LAMP Saliva Mix, Meridian Bioscience, a leading global provider of diagnostic testing solutions, announced the continuation of the expansion of its isothermal amplification product line. Globally, isothermal amplification techniques like loop-mediated amplification (LAMP) are being used in increasing numbers. The COVID-19 pandemic has contributed to some of the most notable growth in the point of care (POC) molecular diagnostics sector. The public is in need of diagnostic assays that provide quick sample-to-result turnaround, high sensitivity, affordable pricing, and wide accessibility due to the ongoing emergence of new COVID variations.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2019-2030 |
BASE YEAR | 2022 |
FORECAST PERIOD | 2023-2030 |
HISTORICAL PERIOD | 2019-2021 |
UNIT | Value (USD Billion) |
KEY COMPANIES PROFILED | Abbott Laboratories, Thermo Fisher Scientific, Hologic, Meridian Bioscience, Grifols, Becton, Dickinson and Company, GE Healthcare, Genomtec |
SEGMENTS COVERED |
|
CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope. |
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