Global Isothermal Nucleic Acid Amplification Technology (INAAT) Market report from Global Insight Services is the single authoritative source of intelligence on Isothermal Nucleic Acid Amplification Technology (INAAT) Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
The global Isothermal Nucleic Acid Amplification Technology (INAAT) Market was valued at USD 1.4 billion in 2021 and it is anticipated to grow up to USD 3.1 billion by 2031, at a CAGR of 8.4% during the forecast period.
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Isothermal nucleic acid amplification technology (INAAT) methods allow for the rapid, exponential detection of a nucleic acid target sequence. This process is not limited by the constraint of thermal cycling. Isothermal amplification, when integrated into microsystems or portable devices, improves nucleic acid-based on-site diagnostics and increases sensitivity. In addition, using different enzymatic approaches to separate the two DNA strands prior to replication, INAAT can achieve amplification in 15-16 minutes.
Market Trends and Drivers
The rising prevalence of infectious diseases around the world is expected to fuel market growth significantly over the forecast period. The rising prevalence of infectious diseases such as influenza, HIV, and tuberculosis has increased the demand for better diagnostic and treatment procedures in healthcare institutions. According to the WHO report 2021, 1.5 million people died from tuberculosis in 2020. Tuberculosis is the world’s 13th leading cause of death and the second leading infectious killer, after only COVID-19 (but above of HIV/AIDS). Furthermore, nearly 10 million people worldwide were infected with tuberculosis in 2020. There were 5.6 million males, 3.3 million women, and 1.1 million children. Tuberculosis affects people of all ages and in all countries.
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PCR is the standard method for diagnosing such disorders. However, with developments in INAAT, the diagnosis can be accomplished rapidly and affordably. As a result, the demand for diagnostics for these disorders has increased, as has the need for INAAT solutions. As a result, the rising prevalence of chronic diseases has increased demand for INAAT diagnostic services, propelling overall isothermal nucleic acid amplification technology market growth.
.Global Isothermal Nucleic Acid Amplification Technology (INAAT) Market by Application
Based on application, the industry is categorized into infectious disease, oncology, blood screening and others. Infectious disease is further divided into HIV, influenza, malaria, and tuberculosis. The blood screening segment is expected to grow at a highest CAGR between 2022 and 2031. According to the specific tests, blood screening tests help to understand overall blood health, metabolism, liver function, mineral levels, and a variety of other biomarkers. Blood tests are performed to screen for diseases such as cancer and infections. In blood screening, several methods such as next generation sequencing, western blot assay, enzyme-linked immunosorbent assay, nucleic acid test, and others are employed. People choose blood screening because it provides full information about their current health status. It can detect potential health problems in their early stages, when they can be most successfully managed. Furthermore, several blood screening kits for diagnosis are being released by corporations.
Global Isothermal Nucleic Acid Amplification Technology (INAAT) Market by End-user
Based on end-use, the isothermal nucleic acid amplification technology (INAAT) market is divided into hospitals, diagnostic laboratories, and others. The hospital segment accounted for over USD 628 million in 2021. Hospitals are well equipped with fully automated INAAT instruments that offer quick test results as compared to laboratories. Besides this, the most complex and sensitive diagnostic procedures are performed in hospitals by the skilled staff to minimize the chances of error. Furthermore, with rapid growing healthcare industry, the number of hospitals has also increased thereby fueling its isothermal nucleic acid amplification technology market growth. Owing to these factors, the demand for INAAT test in hospitals is higher than the other end-use segments.
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Major Players in the Global Isothermal Nucleic Acid Amplification Technology (INAAT) Market
The key players in the market Becton, Dickinson & Company, Hologic Inc. , Grifols S.A. , Meridian Bioscience , Quidel Corporation , Qiagen, BioMérieux SA , Tecan Trading AG , DiaSorin S.p.A., and Abbott Laboratories Inc., among others.
COVID-19 Impact
COVID-19 pandemic positively impacted isothermal nucleic acid amplification technology (INAAT) market. Since INAAT offers simple operation, rapid detection, and accurate results. As a result, it becomes more ideal for primary testing centers in urban as well as rural areas. INAAT is in high demand since PCR-based nucleic acid detection technology is time-consuming and requires specialist equipment. Moreover, it is difficult to work with PCR in primary-level medical institutions. Antibody-based detection has limitations because of the late appearance of antibodies, that makes early diagnosis of virus difficult, whereas antigen-based detection has low sensitivity, that often result a high false-negative rate.
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