(Companies: Alere, BioMériux, Qiagen and Becton, Dickinson and Company)
The global isothermal nucleic acid amplification technology (INAAT) market was valued at about $1.81 billion in 2018. North America was the largest region in the isothermal nucleic acid amplification technology (INAAT) market in 2018.
The isothermal nucleic acid amplification technology (INAAT) market consists of sales of isothermal nucleic acid amplification technologies and related services. The services include only installation and maintenance services offered by equipment manufacturers. Isothermal nucleic acid amplification technologies are used to amplify DNA sequence from two different nucleic acids segments at the constant temperature.
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Isothermal Nucleic Acid Amplification Technology (INAAT) Market Size
The global isothermal nucleic acid amplification technology (INAAT) market is expected to grow to $2.88 billion at a rate of about 12.3% through 2022. 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, according to World Health Organization 17 million people lose their lives to infectious diseases every year. Increase in infectious or chronic disease drives the demand for diagnosing through isothermal nucleic acid amplification technology.
The market for isothermal nucleic acid amplification technology is strictly regulated by stringent regulatory policies that govern the functioning, approvals and standards set for the manufacturers of this market.
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.
Major players in the market are Alere, BioMériux, Qiagen and Becton, Dickinson and Company.
BioMérieux is a multinational biotechnology company founded and headquartered in France. BioMérieux is present in more than 150 countries through 42 subsidiaries and a large network of distributors.
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