Loop-mediated Isothermal Amplification (LAMP) Market: Micro-fluidic Technology Segment to Experience Significant Growth

Loop-mediated Isothermal Amplification (LAMP): Introduction

  • Loop-mediated isothermal amplification (LAMP) is a single tube technique for the amplification of DNA. LAMP helps in specific amplification, as it designs four primers to recognize six distinct regions on the target gene.
  • LAMP is cost-effective, as it does not require special reagents or sophisticated equipment. This technology can be used for the amplification of RNA templates in presence of reverse transcriptase. LAMP assay takes less time for amplification and detection.

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Key Drivers of Global Loop-mediated Isothermal Amplification (LAMP) Market

  • Loop-mediated isothermal amplification (LAMP) is quite useful in rapid diagnosis of viral, bacterial and parasitic diseases such as malaria and other pandemic diseases. Increase in incidence of viral, bacterial, and parasitic diseases is projected to drive the global loop-mediated isothermal amplification (LAMP) market. According to the World Health Organization, in 2018, over 228 million people were suffering from malaria across the world.
  • Additionally, loop-mediated isothermal amplification (LAMP) provides other benefits such as cost-effectiveness, less time required, and no need of thermal denaturation of double stranded DNA are likely to boost the growth of the global loop-mediated isothermal amplification (LAMP) market.

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Instruments Segment to Witness Significant Growth

  • In terms of product type, the global loop-mediated isothermal amplification (LAMP) market can be bifurcated into instruments and kits & reagents. The instruments segment can be split into incubation system, turbidimeter, and others. Kits & reagents include DNA polymerase, primer mix, DNA polymerase & primer mix, dye, and others.
  • Instruments was the largest segment of the market in terms of revenue in 2019. The segment is anticipated to witness strong growth during the forecast period. High cost of instruments is expected to boost the growth of the segment.

Micro-fluidic Technology Segment to Experience Significant Growth

  • Based on technology, the global loop-mediated isothermal amplification (LAMP) market can be categorized into micro-fluidic technology, advanced IR technology, and modern microsystem technology
  • The micro-fluidic technology segment accounted for the largest share of the global loop-mediated isothermal amplification (LAMP) market in 2019. Increase in adoption of micro-fluidic technology in the diagnosis of several diseases, including malaria and tuberculosis, is likely fuel the growth of the segment during the forecast period.

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Diagnosis to be Most Promising Segment

  • In terms of application, the global loop-mediated isothermal amplification (LAMP) market can be classified into diagnosis and research purpose
  • Diagnosis is projected to be the most promising segment in terms of revenue during the forecast period. Loop-mediated isothermal amplification (LAMP) is used in diagnosis of bacterial and viral diseases. This is anticipated to accelerate the growth of the segment.

Hospital Laboratories to be Most Lucrative Segment

  • Based on end-user, the global loop-mediated isothermal amplification (LAMP) market can be divided into hospital laboratories, diagnosis centers, research & academic institutes and others
  • The hospital laboratories segment accounted for the largest market share in terms of revenue in 2019 and the trend is expected to continue during the forecast period. Increase in number of patients with malaria and other diseases requires hospital stay. This factor boosts the growth of the segment.

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North America to Dominate Global Loop-mediated Isothermal Amplification (LAMP) Market

  • In terms of region, the global loop-mediated isothermal amplification (LAMP) market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
  • North America dominated the global loop-mediated isothermal amplification (LAMP) market in 2019 and the trend is likely to continue during the forecast period. The region’s dominance can be attributed to technological advancements, presence of major players, and well-established health care system.
  • The loop-mediated isothermal amplification (LAMP) market in Asia Pacific is anticipated to grow at a rapid pace during the forecast period owing to rise in prevalence of malaria and other pandemic diseases in regions such as East and South Asia.

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Key Players Operating in Global Loop-mediated Isothermal Amplification (LAMP) Market

The global loop-mediated isothermal amplification (LAMP) market was highly fragmented in 2019.

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