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The isothermal nucleic acid amplification technology (INAAT) market is forecasted to achieve notable growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 10%, as per The Business Research Company’s market report!

Read More On The INAAT Market Report 2022 – https://www.thebusinessresearchcompany.com/report/isothermal-nucleic-acid-amplification-technology-global-market-report

The INAAT Market Size In 2022 And Forecast

The global isothermal nucleic acid amplification technology (INAAT) market is expected to grow from $2.91 billion in 2021 to $3.20 billion in 2022 at a compound annual growth rate (CAGR) of 10.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The isothermal nucleic acid amplification technology (INAAT) market is expected to reach $4.76 billion in 2026 at a CAGR of 10.4%.

The INAAT market consists of sales of isothermal nucleic acid amplification technologies and related services.

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Rise In Incidence Of Infectious Diseases Is Driving The Growth Of The INAAT Market

For instance, according to World Health Organization 17 million people lose their lives to infectious diseases every year. Another report by Centers for Disease Control show that number of diseases from mosquitoes, ticks and fleas like West Nile, Zika, Malaria and Lyme disease increased three times. Similarly, as per a survey done by NCBI, around 50% of the population in the United States (approx. 157 million) was suffering from at least one chronic disease in 2020. Increase in infectious or chronic disease drives the demand for diagnosing through isothermal nucleic acid amplification technology.

Competitive Landscape And The Regional Analysis Of The INAAT Market

Major players in the INAAT market are Alere, Biomeriux, Qiagen, Becton, Dickinson & Company, Hologica, Lucigen, Quidel Corporation, New England Biolabs, Nugen, Ustar Biotechnologies, Thermo Fisher Scientific, BioHelix, Meridian Bioscience, New England Biolabs Inc., Novartis Diagnostics, Sharp Corp, Sony Corp, Panasonic, Toshiba Corp, Rohm, PhilipsHologic-Gen-Probe, BetaLED, Avago technologies, and Grifols.

The INAAT Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the INAAT market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the INAAT market.

Technological Advancements – A Key Trend In The INAAT 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.

INAAT Market Segmentation By The Business Research Company

1) By Product: Instrument, Reagent

2) By End-User: Hospital, Reference Laboratories, Others

3) By Technology: NASBA, HAD

4) By Application: Blood Screening, Infectious Disease Diagnostics, Cancer

Here Are Some Reports Related To The INAAT Market –

Influenza Diagnostic Global Market Report 2022

Next Generation Sequencing Global Market Report 2022

Healthcare Services Global Market Report 2022

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