Nucleic Acid Sequence-Based Amplification (NASBA) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 - 2029

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Nucleic Acid Sequence-Based Amplification (NASBA) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 - 2029

Status : October, 2020 | Medical Devices | PPT format

Report Digest


Nucleic acid sequence-based amplification is a new isothermal, transcription-based amplification method specially designed to amplify the RNA. Nucleic acid sequence-based amplification is a simple isothermal reaction technique having fast reaction time and also known for its sensitivity, accuracy and versatility compare to other RNA analysis method. Application of nucleic acid sequence-based amplification technique includes detection of foodborne pathogen Hepatitis A virus (HAV), which is responsible for spread of gastroenteritis disease worldwide. The technique is also used for detection of human immunodeficiency virus type 1 (HIV-1). Due to its versatility and usage in wide array of applications, the demand for nucleic acid sequence-based amplification market is anticipated to increase in the forecast period. As nucleic acid sequence-based amplification is a rapid and sensitive method for detection of low number of viral particles in food samples, its usage in food industries for quality inspection will also drive the growth of market globally.

Nucleic Acid Sequence-Based Amplification Market: Drivers and Restraints

Nucleic acid sequence-based amplification is playing an important role in detection of pathogen like Hepatitis A virus (HAV), Human immunodeficiency virus type 1 (HIV-1). An increase in incidence of diseases like HIV, gastroenteritis, gonorrhea and others will also increase the growth of nucleic acid sequence-based amplification market.  Besides, with the increasing awareness about HIV disease, gastroenteritis disease and gonorrhea among the people and increase the demand of genetic based diagnosis, there will be tremendous demand for nucleic acid sequence-based amplification techniques. Additionally, rapidly developing medical infrastructure and technological advancements will also drive the growth of the global nucleic acid sequence-based amplification market. However, as nucleic acid sequence based amplification is one of the costly molecular detection procedure, it can prevent the growth of the market to some extent in the future. In some low income countries, lack of availability of skilled molecular technicians can also lead to low usage of nucleic acid sequence-based amplification. Additionally, limited reimbursement for HIV and other viral diagnosis from government agency will also slow down the nucleic acid sequence-based amplification market.

Nucleic Acid Sequence-Based Amplification Market: Segmentation

Based on by product type, nucleic acid sequence-based amplification market is segmented into following:

  • Instruments
    • Vacuum transfer apparatus
    • Mixing Incubator
    • Hybridization oven
  • Reagents and chemicals
  • Kits

Based on by technology type, nucleic acid sequence-based amplification market is segmented into following:

  • Enzyme-Linked Gel Assay
  • Electrochemiluminescen Assay
  • Fluorescent Correlation Spectroscopy
  • Northern Blotting
  • Gel Electrophoresis
  • Dot Blot Hybridization
  • Aequorin Bioluminescent Hybridization Assay

Based on by application type, nucleic acid sequence-based amplification market is segmented into following:

  • Molecular bacteriology
  • Food safety
  • Clinical diagnostic
  • Pathogen detection
  • Drug discovery

Based on by end user type, nucleic acid sequence-based amplification market is segmented into following:

  • Diagnostic laboratories
  • Academic institutes and research institutes
  • Clinical Research Organizations
  • Forensic laboratories

Nucleic Acid Sequence-Based Amplification Market: Overview

The growth of nucleic acid sequence-based amplification market will increase due to increase in unknown and new diseases, where use of nucleic acid sequence-based amplification come into effect for genomic analysis of unknown pathogens. Based on product type, nucleic acid sequence-based amplification market is segmented into instruments, reagents and kits. Based on by technology type, nucleic acid sequence-based amplification market is segmented into enzyme-linked gel assay, electrochemiluminescene assay, fluorescent correlation spectroscopy, gel electrophoresis, dot blot hybridization. Based on by application type, nucleic acid sequence-based amplification market is segmented into molecular bacteriology, food safety, clinical diagnostic, pathogen detection. Based on by end user type, nucleic acid sequence-based amplification market is segmented into diagnostic laboratories, academic institutes and research institutes, clinical research organizations, forensic laboratories.

Nucleic Acid Sequence-Based Amplification Market: Regional Overview

Based on geography, nucleic acid sequence-based amplification market is segmented into seven key regions viz. North America, Latin America, Europe, South Asia, East Asia, Oceania and Middle East & Africa (MEA). North America dominated the nucleic acid sequence-based amplification market due to established research infrastructure and rising interest in research activities. Both U.S and Canada have shown high growth in nucleic acid sequence-based amplification market due to well established medical facilities and government supported reimbursement policies. In terms of  growth, Asia Pacific is anticipated to be the fastest growing nucleic acid sequence-based amplification market over the forecast period due to increasing demand of cost effective diagnosis method and growing local manufacturers in the region.

Nucleic Acid Sequence-Based Amplification Market: Key players

Some of the key players present in global nucleic acid sequence-based amplification market are PreAnalytiX, Meridian Bioscience, Eiken Chemical, Lucigen, OptiGene, NEB, Biomerieux, Robbins Scientific, Promega, Madison, Roche Diagnostics, Pharmacia, Life Technologies, Hologic, Quidel Corporation and other. These companies are competing on the basis of rapid diagnostics tools and real-time monitoring of disease to decrease the time to conduct tests.

The report covers exhaust analysis on Nucleic Acid Sequence-Based Amplification Market:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

The report on nucleic acid sequence-based amplification market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report on Nucleic Acid Sequence-Based Amplification Market highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

This study provides a particularized anatomy according to the L.E.A.P mechanism

  • Latest trends and cardinal growth prospects
  • Existing and future insights in growth
  • Ascensions in technology
  • Pain points

The regional analysis offers market assays across:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.

Latest Trends and Cardinal Growth Prospects

The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.

Existing and Future Insights in Growth

The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.

Ascensions in Technology

Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.

Pain Points

The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.

The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.

An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.

The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!

This report is the key to questions such as:

What are the prominent factors that will help in reshaping the market growth?

Which trends have the potential to bring expansive growth for the market?

What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?

Which regions will emerge as champion growth contributors for the market?

Which aspects will serve as game-changers for the market?

What are the latest innovations in the market?

Which factors will hinder the growth of the market?