Nucleic Acid Testing Market Revenue, SWOT, PEST Analysis, Growth Factors, 2020–2028

The global nucleic acid testing market to reach USD 4.70 billion by 2028 at a CAGR of 7.2%, according to the latest report by Reports and Data. Major factors responsible for market revenue growth are rising prevalence of infectious diseases, cancers, etc., advancement in healthcare infrastructure, increasing awareness of nucleic acid testing methods for screening pathogenic bacteria, viruses in patient’s blood, tissue and urine. Increasing research & development activities in the field for innovating diagnosis procedures, is further expected to drive market revenue growth over the forecast period.
Nucleic acid testing (NAT) is a molecular technique for diagnosing viruses, bacteria. It is an advanced technique to detect the presence of infectious elements in blood, urine, etc. These testing methods are useful in identification of genetic disorders in early stage even if there are no visible symptoms. Nucleic acid testing methods are beneficial due to their rapid screening, accuracy, and efficiency. Increasing government spending on healthcare infrastructure is one of the key factors expected to boost market revenue growth over the forecast period. There are lucrative opportunities for the market contributors operating in the global nucleic acid testing market. The increasing number of cancer patients across the globe, and rising awareness of early detection of such disorders to avoid major complications, are some key factors expected to contribute to market growth going ahead.

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The report provides a panoramic view of the market and insights that will help formulate better business decisions. In addition to that, the study helps well-established companies and players gain a deeper understanding of the market and make informed decisions. The report also discusses in detail about the key factors influencing the market growth.

Key companies operating in the market include:

Applied Gene Technologies, Abbott, Affymetrix, Becton Dickinson, Illumina, Inc., Bio-Rad, Diadexus, Elitech Group, Exact Sciences, Kreatech/Leica, Perkin Elmer/Caliper, Siemens Healthineers and Dickinson and Company, among

The report covers an extensive analysis of the key market players in the market along with their business overview, expansion plans, and strategies. The report also focuses on recent strategic alliances in the market including mergers and acquisitions, joint ventures, partnerships, agreements, corporate and government deals, product launches, and brand promotions, among others.

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On basis of product types and application offered by the Nucleic Acid Testing industry, the market is segmented into:

Product Type Outlook (Revenue, USD Billion; 2020 – 2028)
• Ligase Chain Reaction
• Polymerase Chain Reaction (PCR)
• Transcription-mediated Amplification (TMA)
• Consumables
• Whole Genome Sequencing

Technique Outlook (Revenue, USD Billion; 2020 – 2028)
• Probe Amplification Systems
• Target Amplification Systems
• Signal Amplification

Application Outlook (Revenue, USD Billion; 2020 – 2028)
• Infectious Diseases
o Viral Detection & Load
o Viral & Bacterial Genotyping
o Bacterial Tests
• Genetic And Mitochondrial Disorders
o Disease Predisposition
o Generic Testing
• Cancer
o Chromosomal Aberrations
o Cervical Cancer Screening
o Breast Cancer
• Forensic Testing
• Paternity Testing/Hla Typing
• Personalized Medicine

End-User Outlook (Revenue, USD Billion; 2020 – 2028)
• Government-Regulated Clinical Laboratories
• Hospitals
• Clinics
• Academic And Research Institutions Dermatology
• R&D Centers

The report aims to provide a better understanding of the market dynamics and the workings of the industry on a global level. To gain a deeper understanding of the industry, the global Nucleic Acid Testing market is further segmented on the basis of key geographical regions such as North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. The report also offers a country-wise analysis to provide crucial insights into market size, market growth, market revenue growth, and economic growth in each region.

The regional analysis covers:
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o U.K.
o Italy
o France
o BENELUX
o Rest of Europe
• Asia Pacific
o China
o India
o Japan
o South Korea
o Rest of APAC
• Latin America
o Brazil
o Rest of LATAM
• Middle East & Africa
o Saudi Arabia
o U.A.E.
o South Africa
o Rest of MEA

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Benefits of Nucleic Acid Testing Market Report:

• Panoramic overview of the opportunities and risks in the Nucleic Acid Testing sector
• Study of recent innovations and developments in the industry
• Comprehensive study of the growth pattern of the Nucleic Acid Testing industry
• In-depth assessment of the competitive landscape of the key players of the Nucleic Acid Testing industry
• Analysis of the Nucleic Acid Testing market drivers, constraints, and opportunities
• Assessment of technological developments and latest trends of the industry

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