Nucleic Acid Testing Market Research Report

 

Global Nucleic Acid Testing Market

The GMI Research forecasts that the Nucleic Acid Testing Market is witnessing an upsurge in demand over the forecast period. This is mainly due to the rise in demand for PCR kits and technological advancement across research & health care industries.

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Introduction of the Nucleic Acid Testing Market:

A nucleic acid test (NAT), also called nucleic acid amplification test (NAAT), is a pioneering technique used to detect a specific nucleic acid, virus, or bacteria that reacts as a disease-causing pathogen from biological samples such as blood, tissues, urine, etc. The three significant steps involved in the test are sample collection and nucleic acid (NA) extraction, target NA amplification, and target amplicon NA detection. In addition, the test includes an amplification step for the fallback of the genetic material.

Key Players of the Global Nucleic Acid Testing Market:

·         Abbot Laboratories

·         Danaher Corporation

·         F. Hoffmann-La Roche Ltd.

·         Thermo Fisher Scientific Inc.

·         Merck KGaA

·         Dickinson and Company

·         Agilent Technologies

·         Bio-Rad Laboratories Inc.

·         Illumina, Inc.

·         Qiagen

·         Becton

Nucleic Acid Testing Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

Several prominent drivers proliferating the growth of the global nucleic acid testing market include the introduction of novel and progressive NAT testing platforms, augmenting demand of kits from blood transfusion centers and the blood banks, along with ongoing technological advancements. For example, a team of researchers from the National University of Singapore (NUS) in September 2018 developed a moveable, user-friendly device for the quick and precise screening of diseases named envision. This device is designed to apprehend an extensive range of diseases, including transpiring infectious diseases such as Zika, Ebola, and others. In addition, the surging consciousness and rising molecular diagnosis, enhancing detection rate in developing countries, and switch from curative healthcare to preventive healthcare are some other factors responsible for the market growth. Moreover, the mounting occurrence of genetic diseases, cancer, and infectious diseases including hepatitis, dengue, and malaria, are projected to strengthen the nucleic acid testing market size. However, the requirement of dedicated infrastructure facility, insufficient trained technical expertise, and high sensitivity are hindering the nucleic acid testing market share.

Nucleic Acid Testing Market Segmentation:

Segmentation by Product Type

·         Nucleic Acid test Kits

o   Transcription-mediated amplification (TMA)

o   Polymerase chain reaction (PCR)

o   Ligase chain reaction (LCR)

o   Whole genome sequencing

·         Consumables

Segmentation by Indication Revenue

·         Infectious diseases

·         Cancer

·         Forensic Testing

·         Others

Segmentation by End User Revenue

·         Hospitals

·         Pathology laboratories

·         Research Institutes

·         Clinics

Segmentation by Region:

·         North America

o   United States of America

o   Canada

·         Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·         Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·         RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, including small & medium enterprises and large organizations. Our research team helps the clients to understand the impact of market dynamics such as market size, share, drivers, growth opportunities, and other aspects. We have a team of analysts and industry experts who conduct market intelligence studies to ensure relevant and fact-based research across a wide range of sectors such as FMCG, Technology, Energy, Healthcare, and other industries. We collect relevant information about the industry using both internal and external databases. Our main focus is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.

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