Title: Loop-mediated Isothermal Amplification (LAMP) Market is Projected to Grow US$ 85 Mn by 2018-2028
1LAMP (Loop-mediated Isothermal Amplification)
Market
Report Id REP-GB-5532 Published On March
-2019 Category Healthcare, Pharmaceuticals
Medical Devices
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4LAMP (Loop-mediated Isothermal Amplification)
Market Analysis
- Loop-mediated Isothermal Amplification (LAMP)
Market will Reach US 85 Mn by 2018-2028 - VALLEY COTTAGE -- 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 FMIs 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.
5LAMP (Loop-mediated Isothermal Amplification)
Market Analysis
- 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. - High Penetration of Cutting-edge Technology
Molecular Diagnostics of Fatal Diseases to Push
LAMP Market Growth - The simplicity sensibility and specificity of
loop-mediated isothermal amplification puts it in
a very good position for future development in
life threatening disease diagnosis. It is
anticipated that the loop-mediated isothermal
amplification market will grow significantly
during the forecast period, owing mainly due to
demand for advanced molecular diagnostics to
accurately diagnose life-threatening diseases. - In recent years, the detection and identification
of nucleic acids using point-of-care total
nucleic acid analysis systems and procedures are
in rise including loop-mediated isothermal
amplification in various clinical and industrial
settings. Besides loop-mediated isothermal
amplification has also challenged PCR based
amplification as it could achieve enhanced
nucleic acid amplification by increasing surface
area to volume ratio with reduced testing cost.
6LAMP (Loop-mediated Isothermal Amplification)
Market Analysis
- Macroeconomic indicators such as government
funding for advancement and increased research on
disease epigenetics establishment of network of
distribution and marketing agreements to ensure
availability of products to different
loop-mediated isothermal amplification end users
globally liberalization of import and export
trade on point of care diagnostic devices and
chemical reagents are also anticipated to propel
the growth of the loop-mediated isothermal
amplification market. - Key Challenges Facing Development of
Loop-mediated Isothermal Amplification Market - On the grey side, loop-mediated isothermal
amplification has several intrinsic disadvantages
such as its amplification method is devoid of an
internal PCR inhibition control (IC). It is
essential to perform all the reactions in
duplicate, one being or the target and the other
one for the IC in loop-mediated isothermal
amplification assay. - Moreover, most standard DNA polymerases are
unable to exhibit activity in samples derived
from crude lysate due to the presence of
polymerase inhibitors. This adds complexity to
the loop-mediated isothermal amplification
processing due to additional steps involved in
purifying DNA to be used for amplification, which
could also result in loss of starting material.
7LAMP (Loop-mediated Isothermal Amplification)
Market Analysis
- 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., LTD, HUMAN, Optigene, HiberGene
Diagnostics, Meridian Bioscience, Inc., and Mast
Group Ltd among others
8LAMP (Loop-mediated Isothermal Amplification)
Market Analysis
- Press-release Source - https//www.globenewswire.c
om/news-release/2019/03/18/1756260/0/en/The-US-85-
million-Market-for-Loop-mediated-Isothermal-Amplif
ication-LAMP-to-Shape-the-Future-of-Molecular-Diag
nostics-Future-Market-Insights.html - More Related Reports -
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of-5-0-increase-in-value-share-during-the-forecast
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9LAMP (Loop-mediated Isothermal Amplification)
Market Analysis
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