The Nucleic Acid Testing Market is projected to grow at a rate of 7% in terms of value, from USD 2.65 Billion in 2020 to reach USD 4.70 billion by 2028.
Nucleic acid testing (NAT) refers to a molecular technique for screening for viral, bacterial, or pathogenic nucleic acids in a patient’s blood, tissue, or urine. It is performed for forensic examination, blood transfusion infection, genetic disease, and cancer diagnosis. This includes sample pooling through nucleic acid (NA) extraction, target NA amplification, and target amplicon NA detection. This test includes kits and consumables to perform polymerase chain reaction (PCR), strand displacement amplification (SDA), ligase chain reaction (LCR), transcription-mediated amplification (TMA) and NA sequence-based amplification (NASBA) processes It’s possible. NAT is also used to identify diseases without visible symptoms and to resolve misinterpretation of responses.
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Market Segments
By Product Type
- Ligase Chain Reaction
- Polymerase Chain Reaction (PCR)
- Transcription-mediated Amplification (TMA)
- Consumables
- Whole Genome Sequencing
By Technique
- Probe Amplification Systems
- Target Amplification Systems
- Signal Amplification
Key Players
Key market players in nucleic acid testing market are Abbott Laboratories, Beckman Coulter, Inc., Becton, Dickinson and Company, BioMérieux SA, Bio-Rad Laboratories, Inc., F. Hoffmann-La Roche Ltd., Grifols, S.A., Illumina, Inc., Novartis Ag, Qiagen N.V., Quest Diagnostics Incorporated, Siemens Ag, and Tecan Group Ltd., among others.
Scope of the Report
The research study analyzes the global Nucleic Acid Testing industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
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Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Nucleic Acid Testing Market Report
1. What was the Nucleic Acid Testing Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Nucleic Acid Testing Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Nucleic Acid Testing Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Nucleic Acid Testing market.
- The market share of the global Nucleic Acid Testing market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Nucleic Acid Testing market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Nucleic Acid Testing market.
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