Global DNA Probe-based Diagnostic Market 2017-2021

DNA probe-based diagnostic industry analysis

Pathogenic microorganisms such as viruses, bacteria, parasites, or fungi are harmful to health and can cause infectious diseases. The development of different DNA diagnostic probes depends on the emergence of these new infectious diseases. Technavio’s market research report identifies that the emergence of such new infectious diseases will be one of the primary growth drivers for the global DNA probe-based diagnostic market till 2021.

It has been observed that more than 100 probes have been developed, while, others are still in the experimental stages. The development of DNA probe test used to detect bacterial infections caused by Salmonella typhi (food poisoning), Escherichia coli (gastroenteritis), and Campylobacter hyointestinalis is also increasing due to the increase in infectious diseases. Technavio’s market research analysts predict that this market will grow at a CAGR of almost 11% by 2021.

DNA probe-based diagnostic market trends

Infections such as vaginitis, discharge, itching, and pain results from the overgrowth of specific organisms. The adoption of DNA probe-based technologies is increasing with the rising awareness about such infections. The increasing prominence of DNA probe technology in diagnosing vaginitis is identified as one of the key trends that will gain traction in the global DNA probe-based diagnostic market during the estimated period. Based on genetic fingerprints, DNA probes technology identifies the target organisms.

DNA probe-based diagnostic market growth: Competitive landscape and key vendors

The DNA probe-based diagnostic market comprises of diversified international and regional local vendors. These vendors are increasingly competing against each other based on factors such as the quality, price, and market reach. Furthermore, factors such as product innovations, product or service extensions, and mergers and acquisitions will strengthen the competitive environment of the DNA probe test market.

Key vendors in the DNA probe-based diagnostic market

• Abbott Laboratories
• F. Hoffmann La Roche
• GE Healthcare
• Thermo Fisher Scientific

DNA probe-based diagnostic market forecast based on application

• Infectious disease testing
• Cancer testing

The infectious disease testing segment is witnessing growth due to the development of technologies used to diagnose and treat infectious diseases. Nucleic acid (DNA) probes are used for the detection of bacterial and fungal infections and viral diagnosis. The DNA probe test market will continue to grow in this segment due to the development of in-situ hybridization with non-isotopic DNA probes. These probes help in the detection of human papillomavirus in cellular material.

DNA probe-based diagnostic market by geography

• Americas
• APAC
• EMEA

The presence of key vendors such as Abbott and Roche in the Americas is driving the growth prospects for the DNA probe-based diagnostic market in the forthcoming years. The demand and adoption of DNA genetic testing and DNA probe-based diagnostic techniques will continue to increase in the region throughout the predicted period due to the rising incidence of diseases such as cancer and the growing need for molecular diagnosis of such diseases.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global DNA probe-based diagnostic market?
• What are the key market trends impacting the growth of the global DNA probe-based diagnostic market?
• What are the challenges to market growth?
• Who are the key vendors in the global DNA probe-based diagnostic market?
• What are the market opportunities and threats faced by the vendors in the global DNA probe-based diagnostic market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global DNA probe-based diagnostic market?

Technavio also offers customization on reports based on specific client requirement.