ISOTHERMAL NUCLEIC ACID AMPLIFICATION TECHNOLOGY (INAAT) MARKET ANALYSIS

Isothermal Nucleic Acid Amplification Technology (INAAT) Market, By Product Type (Instruments and Reagents and Kits), By Technology (Helicase Dependent Amplification (HAD), Nicking Enzyme Amplification Reaction (NEAR), Nucleic Acid Sequence Based Amplification (NASBA), Transcription Medicated Amplification (TMA), Single Primer Isothermal Amplification (SPIA), and Loop-mediated Isothermal Amplification (LAMP)), By Application (Infectious Disease Diagnostics, Blood Screening, and Others), By End User (Academic and Research Institutes, Diagnostic Laboratories, and Others) and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)

Published In : May 2023
Code : CMI2831
Pages :177
Formats :
Excel and PDF
Industry : Biotechnology

Market Challenges And Opportunities

Global Isothermal Nucleic Acid Amplification Technology (INAAT) Market- Driver

Increasing Approvals From Healthcare Regulatory Authorities For Innovative Technologies

Increasing approvals from healthcare regulatory authorities for innovative technologies by key market players is expected to drive the global isothermal nucleic acid amplification technology (INAAT) market growth over the forecast period. For instance, in 2022, according to the article published in the Analyst Journal , LAMP technology used showed how a smartphone-integrated equipment could quickly test for the Zika virus in a single blood drop. Such advances are probably going to increase the technique's market penetration in the near future.

Global Isothermal Nucleic Acid Amplification Technology (INAAT) Market- Restraint

High Cost of Technology

Global isothermal nucleic acid amplification technology (INAAT) market growth can be hindered by high cost of the technology of the loop-mediated isothermal amplification (LAMP). For instance, Due to the advanced technology, the costs of loop-mediated isothermal amplification are high. As a result, the population with middle income is anticipated to push themselves away from adopting the technique.

High Cost of Technology

Global isothermal nucleic acid amplification technology (INAAT) market growth can be hindered by lack of awareness regarding new diagnostics technologies. Increasing approvals from healthcare regulatory authorities for innovative technologies is expected to drive the global isothermal nucleic acid amplification technology (INAAT) market growth over the forecast period.