Global Isothermal Nucleic Acid Amplification Technology (INAAT) Market to Surpass US$ 4,746.8 Million by 2026

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Jul 17, 2019, 12:36 ET

SEATTLE, July 17, 2019 /PRNewswire/ -- According to Coherent Market Insights, the global isothermal nucleic acid amplification technology (INAAT) market is estimated to be valued at US$ 1,724.0 million in 2018, and is projected to exhibit a CAGR of 13.6% during the forecast period (2018 – 2026).

Key Trends and Analysis of Isothermal Nucleic Acid Amplification Technology (INAAT) Market:

Increasing product launches of reagents for molecular diagnosis is expected to propel global isothermal nucleic acid amplification technology (INAAT) market growth. For instance, in April 2019, QuantaBio launched new freeze-dried lyophilized single-reaction reagent Qscript lyo 1-step. Qscript lyo 1-step is a dry, stable, easy, and better 1-step RT-qPCR (quantitative reverse transcription polymerase chain reaction).It is highly sensitive and reproducible one-step RT-qPCR. The reagent contains a hot-start thermostable polymerase.

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Moreover, increasing approval from regulatory authorities for blood screening tests.is expected to boost global isothermal nucleic acid amplification technology (INAAT) market growth. For instance, in January 2015, the U.S. Food and Drug Administration approved blood screening test, Cobas TaqScreen MPX Test. It is used for detection and identification of three major viral targets including human immunodeficiency virus (HIV), hepatitis C virus (HCV), and hepatitis B Virus (HBV). Cobas TaqScreen MPX Test is based on nucleic acid amplification technology.

Furthermore, collaboration strategies adopted by key players is expected to drive growth of the global isothermal nucleic acid amplification technology (INAAT) market. For instance, in January 2017, Diagenode S. A. collaborated with Heidelberg University Hospital and the German Cancer Research Center (DKFZ). Under this collaboration, Diagenode S. A. focuses on development of high-sensitivity DNA amplification method for RNA sequencing.

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Additionally, in February 2019, according to World Health Organization (WHO) information, nucleic acid amplification tests are used for the detection of malaria infections as well. Various types of nucleic acid tests are used for detection of malaria such as polymerase chain reaction (PCR) including quantitate or real-time polymerase chain reaction, loop mediated isothermal amplification, and quantitative nucleic acid sequence-based amplification. Hence, the use of nucleic acid tests in detection of malaria is expected to support growth of global isothermal nucleic acid amplification technology (INAAT) market.

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Key Market Takeaways:

The global isothermal nucleic acid amplification technology (INAAT) market is projected to witness a CAGR of 13.6% during the forecast period (2018–2026), owing to increasing number of product launch activities. For instance, in January 2018, Mast Diagnostics launched new Isoplex DNA Lyo isothermal amplification kit. Isoplex DNA Lyo Kit is based on loop-mediated isothermal amplification (LAMP) technology. It is rapid nucleic acid amplification method associated with polymerase chain reaction.
Among regions, Europe is expected to witness significant growth in the global isothermal nucleic acid amplification technology (INAAT) market, owing to increasing product approvals approval activities by regulatory authorities is expected to drive the market growth. For instance, in September 2017, Tetracore Inc. received an approval from European Economic Area (EEA) for its T-COR 8, which is a portable real-time PCR thermocycler. Real-time PCR thermocycler is also known as quantitative polymerase chain reaction (q-PCR).It is used for nucleic acid amplification and infectious disease identification.
Major players operating in the global isothermal nucleic acid amplification technology (INAAT) market include, Alere Inc., Becton, Dickinson & Company, BioHelix Corporation, BioMerieux Biotechnology Company, Hologic Gene-Probe, QIAGEN Company, Thermo Fisher Scientific, Inc., Lucigen Corporation, Quidel Corporation, and NuGEN

Report Segmentation:

Global Isothermal Nucleic Acid Amplification Technology (INAAT) Market, By Product Type:

Instruments
Reagents

Global Isothermal Nucleic Acid Amplification Technology (INAAT) Market, By Application:

Blood Screening
Oncology
Research and Development Activities
Others

Global Isothermal Nucleic Acid Amplification Technology (INAAT) Market, By Technology:

Helicase Dependent Amplification (HAD)
Nicking Enzyme Amplification Reaction (NEAR)
Nucleic Acid Sequence Based Amplification (NASBA)
Transcription Medicated Amplification (TMA)
Single Primer Isothermal Amplification (SPIA)
Loop-mediated Isothermal Amplification (LAMP)

Global Isothermal Nucleic Acid Amplification Technology (INAAT) Market, By End User Type:

Academic and Research Institutes
Diagnostic Laboratories
Others

Global Isothermal Nucleic Acid Amplification Technology (INAAT) Market , By Region:

North America

By Country:

U.S.
Canada

Europe

By Country:

U.K.
Germany
Italy
Spain
France
Russia
Rest of Europe

Asia Pacific

By Country:

Australia
India
China
Japan
ASEAN
South Korea
Rest of Asia Pacific

Latin America

By Country:

Brazil
Mexico
Argentina
Rest of Latin America

Middle East

By Country:

GCC Countries
Israel
Rest of Middle East

Africa

By Country/Region:

South Africa
Central Africa
North Africa

Company Profiles

To know the latest trends and insights prevalent in this market, click the link below:

https://www.coherentmarketinsights.com/market-insight/isothermal-nucleic-acid-amplification-technology-inaat-market-2831

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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SOURCE Coherent Market Insights