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Nucleic Acid Testing Market to Witness Steady Growth as Demand from Blood Banks Increases

09-29-2021 08:14 AM CET | Health & Medicine

Press release from: Fortune Business Insights

Nucleic Acid Testing Market to Witness Steady Growth as Demand

The Global Nucleic Acid Testing Market is slated for rapid growth owing to the increasing demand for nucleic acid kits from blood transfusion centers and blood banks. Crucial insights into this developing market have been shared by Fortune Business Insights in its report, titled “Nucleic Acid Testing Market Size, Share and Global Trend By Technology (Polymerase Chain Reaction, Ligase Chain Reaction, Transcription-mediated Amplification, Whole Genome Sequencing), By Application (Disease Diagnosis, Forensic Testing, Personalized Medicine, Others), By End User (Hospitals, Specialty Clinics, Diagnostic Centers, Academic & Research Institutes), and Geography Forecast Till 2026”. The report enunciates the influential factors driving the growth of this emerging market. Nucleic acids are essentially molecules carrying genetic information that is passed down from parents to their children. They are special because they can combine with proteins and become protein-carrying machines called ribosomes. A nucleic acid test is a molecular procedure to detect viruses and bacteria in a human body using a semi-automated system. It helps in the early detection of infections, especially in blood and organ donors.

Request a Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/sample/nucleic-acid-testing-market-100606

Leading Players operating in the Nucleic Acid Testing Market are:

Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:

BD
Beckman Coulter
Bio-Rad Laboratories
Illumina
Siemens Healthineers
Hologic, Inc.
bioMérieux SA
Novartis
F. Hoffmann-La Roche Ltd.
Sequenom
Tecan Trading AG.
Rising Investments in Research Intensifying Competition in the Market

Investments in research by private healthcare organizations and companies is expected to the fuel the global nucleic acid testing market during the forecast period. The market is also witnessing increasing competition with companies pulling all stops to diversify their product portfolios. For example, the NALFIA rapid detection test for detecting DIG/Biotin and/or FITC Biotin-labelled analytes was launched by Abingdon Health in early 2019. About six months prior to Abingdon, scientists at the National University of Singapore developed ‘enVision’, a portable point-of-care nucleic acid test.

Have Any Query? Ask Our Experts: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/nucleic-acid-testing-market-100606

Segmentation:

By Technology

Polymerase Chain Reaction (PCR)
Ligase Chain Reaction (LCR)
Transcription-mediated Amplification (TMA)
Whole Genome Sequencing
Others
By Application

Disease Diagnosis
Forensic Testing
Personalized Medicine
Others
By End User

Hospitals
Specialty Clinics
Diagnostic Centers
Academic & Research Institutes
Others
By Geography

North America (USA and Canada)
Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
Latin America (Brazil, Mexico and Rest of Latin America)
Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)

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Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

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