An international Nucleic Acid Testing-NAT Instrumentation market analysis report brings into focus the key market dynamics of the sector. A range of definitions and classification of the ABC industry, applications of the ABC industry and chain structure are given in the report. This market report offers an in-depth overview of product specification, technology, product type and production analysis considering major factors such as revenue, cost, gross and gross margin. Nucleic Acid Testing-NAT Instrumentation market is supposed to rise during the forecast period due to growing demand at the end user level. The data and insights from Nucleic Acid Testing-NAT Instrumentation marketing report suggest that new highs will take place in the market in 2021-2028.
Data Bridge Market Research analyses that the nucleic acid Testing-NAT instrumentation market will exhibit a CAGR of around 6.05% for the forecast period of 2021-2028. Rise in the trend of personalized medicine, advancements in tools for synthetic genome designs and rising prevalence of infectious diseases are the major factors attributable to the growth of nucleic acid Testing-NAT instrumentation market. Therefore, the market value, currently standing on USD 1,378.06 million will rocket up to USD 2,204.73 million by the year 2028.
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Nucleic acid test is a medical technology that is used to detect the presence of any virus of bacteria which act as disease-causing pathogens. The nucleic acid test is conducted with the help of NAT instrumentation using biological samples such as urine, blood, tissues and so on.
Rising demand for nucleic acid test kits from blood transfusion centres and blood banks is one of the major factors fostering the growth of nucleic acid Testing-NAT instrumentation market. Rising expenditure for technological advancements and research and development by the healthcare industries is another important factor bolstering the growth of nucleic acid Testing-NAT instrumentation market. Rising prevalence of genetic diseases and other infectious diseases such as malaria, dengue and so on will further create lucrative market growth opportunities.
The major players covered in the nucleic acid Testing-NAT instrumentation market report are Novartis AG, BD, Abbott, Danaher., Thermo Fisher Scientific Inc., bioMérieux SA, Biomerica, Inc., F. Hoffmann-La Roche Ltd, Siemens AG, Johnson Johnson Services, Inc., Beckman Coulter, Inc., Hologic, Inc., Bio-Rad Laboratories, Inc., Bayer AG, Illumina, Inc., Grifols, S.A., Quest Diagnostics Incorporated. and Tecan Trading AG,among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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