Nucleic Acid Amplification Testing Market
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Nucleic Acid Amplification Testing Market size was valued at around USD 7.3 billion in 2023 and is estimated to reach over USD 18.8 billion by 2032. Nucleic acid amplification testing (NAAT) is a molecular technique used to amplify and detect specific sequences of nucleic acids, such as DNA or RNA, within a sample. NAAT is employed in various fields including medical diagnostics, microbiology, and genetic research.
Infectious diseases continue to pose a significant threat to global public health. The increasing prevalence of diseases such as HIV/AIDS, tuberculosis, hepatitis, and sexually transmitted infections necessitates accurate and rapid diagnostic methods. For instance, according to World Health Organization (WHO), in 2022, tuberculosis caused 1.3 million deaths, including 167,000 co-infected with HIV, making it the second leading infectious cause of death worldwide, surpassing HIV/AIDS.
There were 10.6 million new TB cases, affecting 5.8 million men, 3.5 million women, and 1.3 million children, highlighting its global prevalence across all demographics. Therefore, NAAT offers high sensitivity and specificity in detecting various pathogens, making it a crucial tool in the diagnosis and management of infectious diseases.
Report Attribute | Details |
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Base Year: | 2023 |
Nucleic Acid Amplification Testing Market size in 2023: | USD 7.3 Billion |
Forecast Period: | 2024 - 2032 |
Forecast Period 2023 - 2032 CAGR: | 11.3 |
2023 Value Projection: | USD 18.8 Billion |
Historical Data for: | 2018 - 2023 |
No of Pages: | 206 |
Tables, Charts & Figures: | 340 |
Segments Covered: | Product Type, Technology, Application, End-use, and Region |
Growth Drivers: |
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Pitfalls Challenges: |
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Point-of-care testing (POCT) which is estimated to reach USD 78.3 billion by 2023, with NAAT technologies allows for rapid, accurate infectious disease diagnostics even at the remote locations. With quick results and decentralized testing, POCT meets the demand for timely diagnosis, improving patient care and stimulating NAAT adoption across healthcare settings.
Personalized medicine aims to tailor medical treatment to the individual characteristics of each patient. NAAT plays a crucial role in personalized medicine by enabling precise diagnosis and monitoring of diseases based on an individual's genetic makeup and specific pathogen characteristics. As healthcare providers and patients increasingly recognize the importance of personalized treatment approaches, the demand for NAAT as a diagnostic tool is expected to rise significantly.
Based on product type, the market is segmented into instruments/systems and consumables. The consumables segment is estimated to account for USD 13 billion by 2032.
Based on technology, the nucleic acid amplification testing market is segmented into polymerase chain reaction (PCR) tests, isothermal nucleic acid amplification technology (INAAT) tests, and ligase chain reaction (LCR) tests. The polymerase chain reaction (PCR) tests segment's substantial revenue of USD 5.1 billion in 2023 within the nucleic acid amplification testing (NAAT) market reflects PCR's established technology, diverse applications, and continuous innovation.
Based on application, the nucleic acid amplification testing market is segmented into infectious disease testing, oncology testing, genetic & mitochondrial disease testing, and other applications. The infectious disease testing segment is estimated to account for USD 8.9 billion by 2032.
Based on end-use, the nucleic acid amplification testing market is segmented into hospitals, diagnostic laboratories, biotechnology companies, and other end-users. The diagnostic laboratories segment held a substantial revenue of USD 3 billion in 2023.
In 2023, North America held a significant market share of 40.8% in the global nucleic acid amplification testing market and is predicted to witness substantial market expansion.
The nucleic acid amplification testing industry is competitive in nature, with several large multinationals and small and mid-sized companies competing in the industry. The development and launch of novel advanced products and services based on different technologies is among a key market strategy. Some of the leading industry players have a notable presence in the market.
Some of the eminent market participants operating in the nucleic acid amplification testing industry include:
Market, By Product Type
Market, By Technology
Market, By Application
Market, By End-use
The above information is provided for the following regions and countries:
Abbott Laboratories, Becton, Dickinson, and Company, bioM
In 2023, North America held a significant market share of 40.8%, attributed to the proactive regulatory frameworks and robust reimbursement policies in the region.
The infectious disease testing segment is estimated to account for USD 8.9 billion by 2032, favored by the global prevalence of infectious diseases and the emergence of new pathogens.
The global nucleic acid amplification testing market was valued at around USD 7.3 billion in 2023 and is estimated to reach over USD 18.8 billion by 2032, driven by the increasing prevalence of diseases such as HIV/AIDS, tuberculosis, hepatitis, and sexually transmitted infections.