DNA Probes based Diagnostics Market Forecast, Trend, Analysis & Competition Tracking – Global Market Insights 2020 to 2030
DNA probes are stretches of single-stranded DNA, utilized to identify the presence of complementary nucleic acid sequences (target sequences) by hybridization. Marked with a label like color or fluorescence, they allow researchers to detect a distinct sequence of DNA in a mixture. Firstly, the DNA sample is heated to separate the DNA strands after which the probe is applied.
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Key Takeaways
• Global revenues to grow at over 5% CAGR through 2030
• Introduction of in-situ hybridization with non-isotopic DNA probes creating opportunities in infectious disease testing segment
• Increasing need for molecular diagnosis of diseases like cancer remains a key opportunity
• Limitations due to errors caused by recombination between the marker and disease alleles, incorrect pedigree data and genetic heterogeneity.
“Increasing geriatric population and rising disposable income among the masses is expected to increase demand for DNA probes based diagnostics in the market. New developments are expected to increase competition among the players,” says an analyst at Fact.MR.
Competitive Landscape
With a rising elderly population and growing cases of infectious diseases and cancer, the DNA probes based diagnostics market is getting more competitive. The market is witnessing the entry of several newcomers. Consequently, established players are trying to hold their position by launching innovative products after comprehensive R&D.
For instance, BioMerieux conducted thorough research and developed ARGENE® Solution, which is a comprehensive automated solution devoted to centralized laboratories for the management of molecular biology tests to monitor viral infections in immune-compromised patients. It incorporatespolymerase chain reaction (PCR) technology with real-time NASBA® (Nucleic Acid Sequence-Based Amplification) technology.
Prominent Key players of the DNA Probes based Diagnostics market survey report:
- Abbott Laboratories
- Beckman Coulter Inc.
- Becton Dickinson & Company
- BioMerieux
- F Hoffmann-La Roche Ltd.
- GE Healthcare Life Sciences
- Luminex Corporation
- Qiagen NV
- Siemens Healthineers
- Thermofisher Scientific Inc.
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DNA Probes based Diagnostics Market Segmentation by Category
Application
- Infectious Diseases
- Cancer
- Genetic Predisposition
- Identity/forensics
- Others
Region
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa (MEA)
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Questionnaire answered in the DNA Probes based Diagnostics Market report include:
- How the market for DNA Probes based Diagnostics has grown?
- What is the present and future outlook of the global DNA Probes based Diagnostics on the basis of region?
- What are the challenges and opportunities for the DNA Probes based Diagnostics?
- Why the consumption of DNA Probes based Diagnostics highest in region?
- In which year segment is expected to overtake segment?
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