Dublin, April 10, 2023 (GLOBE NEWSWIRE) -- The "Isothermal Nucleic Acid Amplification Technology (INAAT): Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Isothermal Nucleic Acid Amplification Technology (INAAT) estimated at US$2.7 Billion in the year 2022, is projected to reach a revised size of US$6 Billion by 2030, growing at a CAGR of 10.4% over the analysis period 2022-2030.
Reagents, one of the segments analyzed in the report, is projected to record 10.3% CAGR and reach US$4.1 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Instruments segment is readjusted to a revised 10.8% CAGR for the next 8-year period.
The U.S. Market is Estimated at $793.1 Million, While China is Forecast to Grow at 9.8% CAGR
The Isothermal Nucleic Acid Amplification Technology (INAAT) market in the U.S. is estimated at US$793.1 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1 Billion by the year 2030 trailing a CAGR of 9.8% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.3% and 8.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8.1% CAGR.
Select Competitors (Total 12 Featured) -
- Becton, Dickinson and Company
- bioMerieux SA
- Eiken Chemical Co., Ltd.
- Lucigen Corporation
- Meridian Bioscience, Inc.
- Nugen Audio
- QIAGEN GmbH
- Ustar Biotechnologies (Hangzhou) Ltd.
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 179 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $2.7 Billion |
| Forecasted Market Value (USD) by 2030 | $6 Billion |
| Compound Annual Growth Rate | 10.5% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Global Isothermal Nucleic Acid Amplification Technology (INAAT) Market to Witness Healthy Growth, Driven by Low-cost Advantages
- Isothermal Nucleic Acid Amplification Technology (INAAT) - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Rising Incidence of HIV, Hepatitis, and Other Infectious Disease - A Key Factor Propelling the Need for INAAT
- Global Incidence of HIV by Region: 2017
- Rising Global Incidence of Cancer Drives the INAAT Market
- Development of New Technologies to Propel Market Expansion
- Microfluidic Lab-on-a-chip Technology Aids in Expanding NAAT Use to POCT
- Global Hepatitis B Incidence and Mortality Rates
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/crhn6r
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