Dublin, June 22, 2023 (GLOBE NEWSWIRE) -- The "Gene Amplification Technologies: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Gene Amplification Technologies estimated at US$4.6 Billion in the year 2022, is projected to reach a revised size of US$9.8 Billion by 2030, growing at a CAGR of 10% over the analysis period 2022-2030.
Medical & Pharma, one of the segments analyzed in the report, is projected to record a 11.2% CAGR and reach US$6.2 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Forensic & Identity Testing segment is readjusted to a revised 8.6% CAGR for the next 8-year period.
The U.S. Market is Estimated at $2.4 Billion, While China is Forecast to Grow at 13.1% CAGR
The Gene Amplification Technologies market in the U.S. is estimated at US$2.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$385.9 Million by the year 2030 trailing a CAGR of 13.1% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.9% and 9.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 9.3% CAGR.
Select Competitors (Total 52 Featured) -
- Abbott Laboratories
- Agilent Technologies, Inc.
- bioMerieux SA
- Bio-Rad Laboratories, Inc.
- F. Hoffmann-La Roche AG
- Merck KGaA
- PerkinElmer, Inc.
- QIAGEN N.V.
- Siemens Healthineers AG
- Thermo Fisher Scientific Inc.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 293 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $4.6 Billion |
| Forecasted Market Value (USD) by 2030 | $9.8 Billion |
| Compound Annual Growth Rate | 9.9% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Gene Amplification Technologies - Global Key Competitors Percentage Market Share in 2022 (E)
- A Prelude to Gene Amplification
- Gene Amplification Technologies Market Poised to Register Rapid Growth
- Polymerase Chain Reaction (PCR) - The Most Widely used Gene Amplification Technology
- US Dominates the Gene Amplification Market
- Rise in COVID-19 Cases Drives the Demand for Gene Amplification Technologies
- Top Countries Affected by COVID-19 Outbreak: Total Cases and Cases Per Million Population
- COVID-19 and the Diagnostics
- COVID-19 Diagnostic Test Platforms
- Fighting the COVID-19 War with Molecular Diagnostics
- Introduction to COVID-19 Testing
- Diagnostic Tests
- Molecular Tests
- Antigen Tests
- Antibody Tests
- RT-PCR Emerges as an Effective Test to Combat COVID-19 Pandemic
- RT-LAMP Assays Present Opportunity to Fast-Track and Push COVID-19 Testing
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Growth in Number of Genomics Projects Propels Market Growth
- Genomic Initiatives in Select Countries
- Total VC Funding (In US$ Million) in Genetics for the Years 2014, 2015, 2016, 2017 and 2018
- Advances in Genome Sequencing to Spur the Gene Amplification Market
- Molecular Diagnostics Progress to Increase Demand for Gene Amplification Technologies
- Factors Driving Molecular Diagnostics Market
- Oncology Molecular Diagnostics to Witness Rapid Growth
- PCR Technology Leads the MDx Market
- Prospects for Genetic Diagnostics and Testing Grow Brighter
- List of Select FDA-Cleared Genetic Tests by Disease
- Increasing Incidence of Infectious Diseases Results in Increased Demand for Gene Amplification Technologies
- PCR Plays a Vital Role in the Diagnosis of Infectious Diseases
- Emergence of LAMP as Alternative to RT-PCR
- Advanced DNA Amplification Technique Works at Body Temperature
- Burgeoning Geriatric Population - A Key Demand Driver for Gene Amplification Technologies
- Global Population of 65+ Individuals (In 000s) by Region for the Years 2015, 2020 & 2025
- Growing Incidence of Hospital Acquired Infections Propels Market Growth
- Advent of Isothermal DNA Amplification Techniques
- Isothermal Amplification Method Gaining Traction in Field Applications
- Loop-Mediated Isothermal Amplification
- New CRISPR-Based System
- Gene Amplification Plays Pivotal Role in Diagnosing Inherited Conditions
- Nucleic Acid Amplification Methods for Detection of Antimicrobial Resistance
- PCR-Based Nucleic Acid Amplification for Detection of Antimicrobial Agents
- Increase in Number and Complexity of Foodborne Outbreaks: Food Safety Testing Market Positioned for Growth
- Foodborne Illness Outbreak Investigations in the US (2019 & 2020)
- An Insight into Food Safety Testing Market by Technology
- Real-time PCR/qPCR Technologies Fundamental in Food Safety Testing
- Growing Concerns over GMOs Demand Rapid Tests for GMOs Detection
- Status of Ban on GMO Corps in Select Countries
- PCR Technique Plays a Vital Role in GMOs Detection
- Technology Advancements
- Advanced DNA Amplification Technique Works at Body Temperature
- New England Biolabs Launches Rapid Colorimetric LAMP Assay Kit to Expedite COVID-19 Diagnostic Testing to Just 30 Minutes
- Molecular Diagnostics in Water and Food Safety Analysis - Existing Challenges and New Developments
- Molecular Diagnostics - Future Applications
- Commercialized Isothermal Amplification Methods for Water and Food Analysis
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/7m16sa
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