Dallas, TX -- (SBWIRE) -- 02/21/2014 -- According to a new market research report, “Isothermal Nucleic Acid Amplification Technologies (INAAT) Market (2012-2017)”,Isothermal nucleic acid amplification technologies emphasizing on its applications and its ability to substitute PCR as an alternative for molecular diagnosis. Focus on drivers, restraints and challenges have been thoroughly examined to draw conclusions on its ability to reach untapped geographical regions.
The estimated global value of Isothermal Nucleic Acid Amplification Technologies Market is around US$1.6 billion in 2017 at a growing CAGR of 17%. To attract interest towards investments from potential firms, topics such as new product developments, opportunities, technology landscape, emerging markets and market forecasting up to 2017 has been covered.
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There has been high incidence of infectious disease, pandemic threats, emergence of new infections and insufficient healthcare accessibility in developing and developed countries. Hence this market is primarily driven due to high demands of the industry and end users. There is a wide market potential and favorable landscape for adoption across all geographical locations of the world. In the long term, these technologies are expected to revolutionize the area of pharmaco-genetics and personalized medicine.
There have been lots of investment activities over the past two decades, directed towards research and development of these technologies, attracting interests industry firms and academic institutes. Active partnerships, collaborations and acquisitions for past three to five years demonstrate its potential. New developments such as digital INAAT devices, chip based amplification, multiplexing and detection of pathogens using fluorescent detection systems are the emerging trends in INAAT market.
The global market for INAAT has been valued over a billion at a CAGR of 17%. Currently, there are many next generation INAAT products in pipeline and are expected to hit the market by 2013. Hence a high growth rate is expected in the period 2013-2015.
New markets for Isothermal Nucleic Acid Amplification Technologies Market that are expected to grow at a rapid pace are China, India, South Africa and other regions of Asia pacific, Africa and untapped markets of Europe. The Key Players in this market are Hologic-Gen-Probe, bioMerieux, BD Diagnostics, Qiagen, Alere, Eiken Chemical, Meridian Bioscience, BioHelix and Quidel.
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