PUBLISHER: Orion Market Research | PRODUCT CODE: 1078175
PUBLISHER: Orion Market Research | PRODUCT CODE: 1078175
Global Gene Amplification Market Size, Share & Trends Analysis Report by Technology (Target Isothermal DNA, Isothermal Signal Amplification, Linear Gene, Cyclic Temperature, and Cyclic Temperature Signal Gene Amplification), and by Application (Forensics, Identity, Food Safety, Paternity, Medical, and Veterinary) Forecast Period (2022-2028)
The global gene amplification market is anticipated to grow significantly during the forecast period. The factor that grows the global gene amplification market is attributed to the successful completion of human genome projects which is expected to increase human genomic research, development in molecular diagnostics, and increasing genomic research across the globe.
The global gene amplification market is segmented based on technology and application. Based on the technology, the market is segmented into target isothermal DNA, isothermal signal amplification, linear gene, cyclic temperature, and cyclic temperature signal gene amplification. Based on the application, the market is sub-segmented into forensics, identity, food safety, paternity, medical and veterinary. The above-mentioned segments can be customized as per the requirements.Among these, the target isothermal DNA segment is expected to grow during the forecast period as DNA amplification is accomplished through the utilization of a technique known as Polymerase Chain Reaction (PCR). An increase in the number of people infected with COVID-19 has indirectly increased the demand for DNA amplification.
Geographically the global gene amplification market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. North America is expected to hold a prominent share in the global gene amplification market due to development in molecular diagnostics, increasing drug discovery activities, and growing healthcare expenditure across the region. However, there are factors such as high cost and strict regulatory framework that hamper the growth of the global gene amplification market.
The major companies serving the global gene amplification market include Abbott Laboratories, Inc., QIAGEN N.V., Bayer Corporation, Becton Dickinson Company, Molecular Systems, Inc., Bio-Rad Laboratories, Inc., and others, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers andacquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in March 2021, Promega Corp released XpressAmp direct amplification reagents that facilitate RNA extraction-free sample preparation that is automation-friendly. With this innovation, laboratories testing for COVID-19 have a new tool that enables them to skip the potentially bottlenecked RNA extraction step of the workflow and move directly to polymerase chain reaction (PCR) amplification.
Research Methodology
The market study of the global gene amplification market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, and derive the total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macroeconomic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include
The report provides an in-depth analysis of the market size, andintended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
The Report Covers
Category- Biotechnology