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Nucleic Acid Amplification Testing Market Trends

Report ID: GMI8506
Published Date: Mar 2024
Report Format: PDF

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Nucleic Acid Amplification Testing Market Trends

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.

Increasing investments in research and development (R&D) aimed at developing novel biotechnological diagnostic techniques contribute to the advancement of NAAT technologies.
These investments support the development of next-generation NAAT platforms with improved sensitivity, specificity, automation, and multiplexing capabilities.
Innovations in NAAT technology driven by R&D efforts enhance the performance and utility of NAAT assays for a wide range of applications, including infectious disease diagnosis, cancer screening, and genetic testing.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

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.

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.

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.

Abbott Laboratories, Becton, Dickinson, and Company, bioMérieux S.A., Bio-Rad Laboratories, Inc., Danaher Corporation, F. Hoffmann La Roche AG, Illumina, Inc., QIAGEN N.V., Seegene Inc., and Siemens Healthineers AG.