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Isothermal Nucleic Acid Amplification Technology (INAAT) Market Growth Opportunities, Size, Share Analysis, Recent Developments And Forecast To 2033

05-16-2024 08:29 AM CET | Health & Medicine

Press release from: The Business Research Company

Isothermal Nucleic Acid Amplification Technology (INAAT) Market

Isothermal Nucleic Acid Amplification Technology (INAAT) Market

The isothermal nucleic acid amplification technology (inaat) market size has grown rapidly in recent years. It will grow from $3.53 billion in 2023 to $3.91 billion in 2024 at a compound annual growth rate (CAGR) of 10.7%. The growth in the historic period can be attributed to infectious disease diagnostics, point-of-care testing (poct), tuberculosis control, molecular diagnostics, emerging markets.

The isothermal nucleic acid amplification technology (inaat) market size is expected to see rapid growth in the next few years. It will grow to $6.39 billion in 2028 at a compound annual growth rate (CAGR) of 13.1%. The growth in the forecast period can be attributed to pandemic preparedness, antimicrobial resistance, environmental monitoring, oncology diagnostics, global health initiatives. Major trends in the forecast period include multiplexing, miniaturization, digital detection, sample-to-answer systems, gene editing integration.

Market Overview -
Isothermal nucleic acid amplification technology (INAAT) is a technique that amplifies DNA samples. Isothermal nucleic acid amplification technologies are used to amplify DNA sequences from two different nucleic acid segments at a constant temperature.

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Rising Global Incidence Of Infectious And Chronic Diseases Sparks Urgent Need For Isothermal Nucleic Acid Amplification Technology (INAAT)
The increasing incidence of Infectious and Chronic Diseases is driving the growth of the Isothermal Nucleic Acid Amplification Technology (INAAT) market. The incidence of infectious diseases such as H. influenzae, S. pneumonia (respiratory tract infections), N. gonorrhoeae, C. trachomatis (genital infections), and TB are increasing and require isothermal nucleic acid amplification technology (INAAT) to diagnose them. For instance, in 2023, according to the World Health Organization (WHO), a Switzerland-based health organization, every year, an estimated 10 million people are infected and 1.5 million people die due to tuberculosis, an infectious disease. Increase in infectious or chronic disease drives the growth of the isothermal nucleic acid amplification technology market.

Competitive Landscape -
Major companies operating in the isothermal nucleic acid amplification technology (inaat) market include Alere Inc., biomeriux SA, Qiagen NV, Becton, Dickson & Company, Hologica Inc., Lucigen Corporation, Quidel Corporation, New England Biolabs Inc., NuGen, Ustar Biotechnologies Ltd., Thermo Fisher Scientific Inc., BioHelix Corporation, Meridian Bioscience Inc., Novartis AG, Sharp Corporation, Sony Corporation, Panasonic Holdings Corporation, Toshiba Corporation, Rohm Co Ltd., PhilipsHologic-Gen-Probe, BetaLED, Avago Technologies Ltd., Grifols SA, Abbott Laboratories, Jena Bioscience GmbH, Atila Biosystems Incorporated, TwistDx Ltd., LGC Ltd., DiaSorin SpA, OptiGene Limited

Incorporating Nanostructures And Nanotechnology Into In Vitro Diagnostics And Rapid Diagnostic Tests For Enhanced Point-Of-Care Application
Nanostructures are being incorporated to in vitro diagnostics and in vitro rapid diagnostic tests (RDT) in order to improve existing tests and make them more effective or create innovative diagnostic test approaches that are incorporated in point‐of‐care applications. Nanostructures/nanotechnology uses nanoparticles to enhance the action of the drug in treatment and nanotechnology is the design, characterization, production, and application of devices, structures and systems by controlled manipulation of size and shape at the nanometer scale. For instance, a range of RDTs have been developed to diagnose syphilis such as AccuBioTech (Accu-Tell Rapid Syphilis Test), Alere, Inc. (Alere Determine), Alere/Standard Diagnostics (SD Syphilis 3.0), The Tulip Group/Qualpro (Syphicheck - WB), Cypress Diagnostics (Syphilis Rapid Test), and Omega Diagnostics (Visitect Syphilis). These RDTs allow patients to be diagnosed at the point-of-care (POC).

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Key Segments -
The isothermal nucleic acid amplification technology (inaat) market covered in this report is segmented -
1) By Product: Instrument, Reagent
2) By Technology: NASBA, HAD
3) By Application: Blood Screening, Infectious Disease Diagnostics, Cancer
4) By End-User: Hospital, Reference Laboratories, Other End-Users

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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