Italy Gene Amplification Technologies Market Size & Outlook
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Italy gene amplification technologies market highlights
- The Italy gene amplification technologies market generated a revenue of USD 788.4 million in 2021 and is expected to reach USD 843.7 million by 2028.
- The Italy market is expected to grow at a CAGR of 1% from 2022 to 2028.
- In terms of segment, pcr-based amplification was the largest revenue generating technology in 2021.
- Loop Mediated Isothermal Amplification (LAMP) is the most lucrative technology segment registering the fastest growth during the forecast period.
Gene amplification technologies market data book summary
| Market revenue in 2021 | USD 788.4 million |
| Market revenue in 2028 | USD 843.7 million |
| Growth rate | 1% (CAGR from 2021 to 2028) |
| Largest segment | Pcr-based amplification |
| Fastest growing segment | Loop Mediated Isothermal Amplification (LAMP) |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PCR-based Amplification, Loop Mediated Isothermal Amplification (LAMP), Nucleic Acid Sequence Based Amplification (NASBA), Strand Displacement Amplification (SDA), Multiple displacement amplification (MDA), Rolling Circle Amplification (RCA), Ramification amplification method (RAM) |
| Key market players worldwide | Qiagen NV, Illumina Inc, Bio-Rad Laboratories Inc, Silicon Laboratories Inc, Merck KGaA, Promega, Takara Bio Inc, Danaher Corp, New England Biolabs, 4Basebio, LGC Group, Vazyme Biotech, MyBiosource |
Other key industry trends
- In terms of revenue, Italy accounted for 2.5% of the global gene amplification technologies market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Europe, Germany gene amplification technologies market is projected to lead the regional market in terms of revenue in 2028.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 843.7 million by 2028.
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Gene Amplification Technologies Market Scope
Gene Amplification Technologies Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| MyBiosource | View profile | 11-50 | San Diego, California, United States, North America | https://www.mybiosource.com/ |
| Vazyme Biotech | View profile | 1001-5000 | Nanjing, Jiangsu, China, Asia | http://www.vazymebiotech.com/ |
| 4Basebio | View profile | 51-100 | Heidelberg, Baden-Wurttemberg, Germany, Europe | https://www.4basebio.com/ |
| Promega | View profile | 5001-10000 | Madison, Wisconsin, United States, North America | http://www.promega.com/es |
| New England Biolabs | View profile | 501-1000 | Ipswich, Massachusetts, United States, North America | http://neb.com |
| LGC Group | View profile | 1001-5000 | Teddington, Gloucestershire, United Kingdom, Europe | http://www.lgcgroup.com/ |
| Silicon Laboratories Inc | View profile | 1846 | 400 West Cesar Chavez, Austin, TX, United States, 78701 | https://www.silabs.com |
| Takara Bio Inc | View profile | 1793 | Nojihigashi 7-4-38 Kusatu, Shiga, Otsu, Japan, 520-0058 | http://www.takara-bio.co.jp |
| Qiagen NV | View profile | 5900 | Hulsterweg 82, Venlo, LI, Netherlands, 5912 PL | https://www.qiagen.com |
| Bio-Rad Laboratories Inc | View profile | 8030 | 1000 Alfred Nobel Drive, Hercules, CA, United States, 94547 | https://www.bio-rad.com |
| Illumina Inc | View profile | 9300 | 5200 Illumina Way, San Diego, CA, United States, 92122 | https://www.illumina.com |
| Danaher Corp | View profile | 63000 | 2200 Pennsylvania Avenue, N.W., Suite 800W, Washington, DC, United States, 20037-1701 | https://www.danaher.com |
| Merck KGaA | View profile | 62345 | Frankfurter Strasse 250, Darmstadt, HE, Germany, 64293 | https://www.emdgroup.com |
Italy gene amplification technologies market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to gene amplification technologies market will help companies and investors design strategic landscapes.
Pcr-based amplification was the largest segment with a revenue share of 90.64% in 2021. Horizon Databook has segmented the Italy gene amplification technologies market based on pcr-based amplification, loop mediated isothermal amplification (lamp), nucleic acid sequence based amplification (nasba), strand displacement amplification (sda), multiple displacement amplification (mda), rolling circle amplification (rca), ramification amplification method (ram) covering the revenue growth of each sub-segment from 2018 to 2028.
Italy is one of the significant contributors to Europe's revenue generation. As Italy was one of the worst hit countries in the European region due to the SARS-CoV-2 pandemic, the production of PCR based test kits has witnessed growth in the last few months.
This is expected to positively impact the market growth of gene amplification technologies in the country. In June 2020, a group of Italian researchers used whole-genome sequencing for the identification of the multiple genetic variants that are important in determining COVID-19 disease susceptibility.
The on-going study called GEN-COVID involves 35 hospitals across the country. Such projects are anticipated to increase the use of gene amplification technologies in the country thus leading to market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy gene amplification technologies market , including forecasts for subscribers. This country databook contains high-level insights into Italy gene amplification technologies market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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Italy gene amplification technologies market size, by end use, 2018-2028 (US$M)
Italy Gene Amplification Technologies Market Outlook Share, 2021 & 2028 (US$M)
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