Loop-mediated Isothermal Amplification (LAMP) Market Competitive Analysis With Growth Forecast Till 2028
Global demand for loop-mediated isothermal amplification technology reached around US$ 85 million in 2018, as indicated by a new research study of Future Market Insights (FMI). Estimated to observe stable growth in revenue over the coming years, loop-mediated isothermal amplification market will witness dominance of DNA polymerase, among the various product types.
Dominance of DNA Polymerase Adoption to Prevail, LAMP Instruments to Emerge Lucrative
DNA polymerase will continue to find highest applicability in both research and diagnostics. According to FMI’s report, DNA polymerase will be the key revenue generating product in loop-mediated isothermal amplification market over the period of projection. However, the report also highlights that instruments such as turbidimeters and fluorescence measuring systems will prominent traction in loop-mediated isothermal amplification market through 2028.
Amongst various loop-mediated isothermal amplification technologies, micro-fluidic technology majorly, have been successfully used in the diagnosis of several diseases including malaria and tuberculosis. Loop-mediated isothermal amplification using DNA polymerase has seen a rapid rise in the past several years due to the high adoption of loop-mediated isothermal amplification in testing.
The application of these Loop-mediated isothermal amplification in assessing and directing diagnosis in certain types of disease, such as acute malaria, has provided a new dimension to the gradually growing field of minimal residual disease management.
Regions with High Disease Prevalence to Reflect High Growth Potential for LAMP Market
Due to increase in prevalence of malaria and other pandemic diseases, regions such as East and South Asia are anticipated to be the fastest growing regional loop-mediated isothermal amplification markets and are poised to offer tremendous opportunities to key players.
The increase in disease prevalence will increase the demand for the use of loop-mediated isothermal amplification for point-of-care diagnosis. Besides, distribution & collaboration agreements by leading players of loop-mediated isothermal amplification products with the established local distributors in the regions will fuel the market growth of both the regions.
The loop-mediated isothermal amplification market report tracks some of the key companies operating in the global loop-mediated isothermal amplification market such as :
• Eiken Chemcial Co.Ltd
• New England Biolabs
• Jena Bioscience GmbH
• NIPPON GENE CO.
• HiberGene Diagnostics
• Meridian Bioscience Inc.
• Mast Group Ltd.
Based on product type
o incubation systemsTurbidimeters
o Agarose gel electrophoresis
o fluorescence measuring systems
• kits & reagents
o DNA polymerase
o Primer Mix
o DNA Polymerase &Primer mix
o other reagents
Based on Technology
• microfluidic technology
• advanced infrared optical technology
• modern microsystem technology
Based on Application
• research purpose
Based on End User
• hospital & laboratories
• research & academic institutes
For More Information: https://www.futuremarketinsights.com/reports/loop-mediated-isothermal-amplification-market