The Future of Autism Care: Global Loop-Mediated Isothermal Amplification Market
Author : Bhushan S | Published On : 22 Apr 2024
The global loop-mediated isothermal amplification market is projected to be worth $106.6 million in US dollars worldwide. Between 2024 and 2034, the market is anticipated to expand at a typical rate, with a CAGR of 4.9%. The industrial value of loop-mediated isothermal amplification is expected to reach US$ 178.4 million by the end of the
Loop-mediated isothermal amplification is a nucleic acid-based point-of-care diagnostic method that requires fingerpick quantities of cell lysis, nucleic acid extraction, and purification chemicals before amplification can begin. Loop-mediated isothermal amplification is acknowledged as a dependable and potent isothermal amplification technique with the aim of identifying pathogens in patient samples. A developing global market is being seen for loop-mediated isothermal amplification as a viable substitute for the conventional PCR approach, thanks to breakthroughs and improvements in amplification technology. Moreover, there is a growing need for loop-mediated isothermal amplification methods due to the early detection of chronic disorders.
Loop-mediated isothermal amplification has been used in more research publications, and its applications in a wider range of sectors have grown as well. Significant advancements in Amplicon detection support the market's expansion even more. Monitoring loop-mediated isothermal amplification in real time Amplicon now makes use of pH-sensing, optical, electrical, and electrochemical methods. The market for loop-mediated isothermal amplification has been steadily expanding as a result of these developments in amplification technology.
“Global sales of loop-mediated isothermal amplification will be stimulated for the forecast period due to the growing application of loop-mediated isothermal amplification in multiple fields such as environmental science, bio-medicine, food and beverage, and others,” according to an FMI analyst.
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Key Takeaways:
- Rapid diagnosis of chronic diseases and improvements in Amplicon detection is expected to drive the market.
- Demand of loop-mediated isothermal amplification in China to witness a surge over the forecast period.
- The U.S. loop-mediated isothermal amplification market will experience significant growth propelled by adoption of microfluidic technology.
- Based on technology, microfluidic segment will be popular for the forecast period.
- Lack of versatility and absence of an internal PCR inhibition control limits market growth.
Competitive Landscape
Jena Bioscience GmbH, HiberGene Diagnostics, Meridian Bioscience, Inc., Mast Group Ltd., Excellgen, Inc., Merck KGaA, QIAGEN N.V, NIPPON GENE CO., LTD, New England Biolabs, Bio-Rad Laboratories, Inc., Thermo Fisher Scientific, and others are some of the major players in the loop-mediated isothermal amplification market that are profiled in the full version of the report.
Major organizations in the market are employing various tactics to expand their product portfolio as well as to increase their regional dominance. These businesses are focused on using aggressive pricing strategies to gain a competitive advantage in the market. Some global market players are investing in research and development agreements to increase product development, adopting distribution & licensing agreements with regional players, and establishment of network of distribution and marketing agreements to ensure availability of products to different end-users globally.
Key Segments:
Loop-mediated Isothermal Amplification Market by Product:
- Instruments
- Incubation Systems
- Turbidimeters
- Agarose Gel Electrophoresis
- Fluorescence Measuring Systems
- Kits & Reagents
- DNA Polymerase
- Primer Mix
- DNA Polymerase & Primer Mix
- Dyes
- Other Reagents
Loop-mediated Isothermal Amplification Market by Technology:
- Microfluidic Technology
- Advanced Infrared Optical Technology
- Modern Microsystem Technology
Loop-mediated Isothermal Amplification Market by Application:
- Diagnostic Purposes
- Research Purposes
Loop-mediated Isothermal Amplification Market by End User:
- Hospital Laboratories
- Research and Academic Institutes
- Diagnostic Centers
Loop-mediated Isothermal Amplification Market by Region:
- North America Loop-mediated Isothermal Amplification Market
- Latin America Loop-mediated Isothermal Amplification Market
- Europe Loop-mediated Isothermal Amplification Market
- East Asia Loop-mediated Isothermal Amplification Market
- South Asia & Pacific Loop-mediated Isothermal Amplification Market
- Middle East & Africa (MEA) Loop-mediated Isothermal Amplification Market
