Report Code: 12870 | Available Format: PDF | Pages: 260
The global isothermal nucleic acid amplification technology market generated revenue of USD 4,425.5 million in 2023, which is expected to witness a CAGR of 9.4% during 2024–2030. This is owing to the significant increase in its usage as a molecular testing technique due to the rising prevalence of infectious diseases. Tuberculosis, hepatitis, and influenza are among the leading causes of death traceable to infectious diseases, especially in developing countries.
Moreover, the cost benefits associated with this amplification technology and the growing number of blood donations and transfusions propels this market. This is because these factors lead to an increase in the demand for quick, easy-to-use diagnostic alternatives, such as isothermal nucleic acid amplification, for specific diseases.
Primarily, the growing number of diagnostic tests and Emergency Use Authorizations for CLIA-waived tests are contributing to the growth of the isothermal nucleic acid amplification technology market. This is because these tests are simple to use, carry a lower probability of errors, and help adjust the medicine dosage for patients.
Moreover, COVID-19 has positively impacted this market’s growth by augmenting the demand for the rapid and accurate testing alternatives. Isothermal techniques have been widely used as a foundational technology for the diagnosis of SARS-COV-2 RNA in homes and clinical facilities during the epidemic. Many major players secured Emergency Use Approvals for INAAT-based COVID-19 tests from the U.S. FDA. Commercially available products include Grifols S.A.’s Procleix SARS-CoV-2 assays and Lucira Health Inc.’s Lucira CHECK-IT COVID-19 test kit.
Thus, the increasing initiatives of these types by the key players during the pandemic and the product approvals for the same, to deal better with future pandemics, are expected to accelerate the growth of the market during the forthcoming period.
Moreover, the growing pace of advancements in technologies along with the introduction of novel ones, such as LAMP, SPIA, SDA, and RPA are creating new opportunities for the use of INAAT products.
Globally, infectious diseases have been a major cause of mortality and morbidity throughout human history. This is why the rising prevalence of infectious diseases across the globe is a major factor behind the growth of this market. It is due to the utilization of INAAT-based kits for their detection. According to the World Health Organization (WHO), there have been approximately 760 million cases of COVID-19 across the world and approximately 7 million deaths.
Report Attribute | Details |
Market Size in 2023 |
USD 4,425.5 Million |
Market Size in 2024 |
USD 4,759.5 Million |
Revenue Forecast in 2030 |
USD 8,159.4 Million |
Growth Rate |
9.4% CAGR |
Historical Years |
2017-2023 |
Forecast Years |
2024-2030 |
Report Scope |
Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling |
Segments Covered |
By Product; By Technology; By Application; By End user; By Region |
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The consumables category accounted for the larger isothermal nucleic acid amplification technology market revenue share, of 70%, in 2023, and it is further expected to maintain its dominance during the forthcoming period.
Moreover, with the frequent utilization of reagents in the INAAT equipment to determine and diagnose diseases, their stock depletes, which is why they have to be purchased regularly and, many times, in bulk.
The instruments category is expected to showcase the fastest growth in forthcoming period.
By technology, the loop-mediated amplification category accounted for the largest revenue share, of 40%, in 2023, and it is further expected to maintain its dominance during the forthcoming period. This is owing to the advancements in this technology for disease detection and diagnosis by building up DNA with high specificity, efficiency, and speed under isothermal conditions. This technology employs a DNA polymerase and a set of four specially designed primers, which recognize a total of six distinct sequences on the target DNA.
Helicase-dependent amplification (HDA) is witnessing significant growth in this market. This is owing to the increasing awareness about the benefits of this technology, such as the requirement for fewer steps and shorter processing times for blood screening and diagnostic applications. Further, the highly competitive rivalry between key players, such as Hologic Inc. which offers TMA products; and Quidel Corporation, which offers HDA products, is expected to drive steady growth in this category during the forecast period.
The hospitals category accounted for the largest share of 60%, in 2023, and it is further expected to maintain its dominance in the future.
Diagnostic centers will have the highest CAGR over the forecast period. This will be owing to the rising number of diagnostic laboratories and their increasing adoption of molecular techniques here for the early detection and diagnosis of disease. In addition, the increasing funding from various public agencies is boosting the adoption of rapid analysis technologies for the mitigation of infectious disease transmission.
Geographically, North America held the largest share, of around 45%, in 2023, and it is expected to grow at a robust pace during the review period.
Moreover, the rising number of research studies being conducted to come up with better diagnostic tests for infectious diseases, surging demand for INAAT kits and systems, and growing use of such consumables in the region drive the growth of the market.
Moreover, the market in Germany holds a substantial share in Europe due to the growing geriatric population and significant focus on the healthcare infrastructure.
The study uncovers the biggest trends and opportunities in the isothermal nucleic acid amplification technology (INAAT) market, along with offering segmentation analysis at the granular level for the period 2017 to 2030.
The global isothermal nucleic acid amplification technology market will reach USD 8,159.4 million by 2030.
The market will grow at a CAGR of 9.4% in the coming years.
Emerging infectious diseases like tuberculosis, hepatitis, and influenza are critical factors driving the market. Furthermore, the use of molecular detection technologies and expedited CLIA-waived tests are instigating market growth.
North America held a substantial share of around 45% in the market in 2023, and it is poised for robust growth.
The wide use of reagents in diagnostic laboratories and major healthcare settings, along with the availability of polymerases with high strand displacement abilities, are key factors driving the growth of the consumables category in the isothermal nucleic acid amplification technology market.
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