Strand Displacement Amplification Market Trends

  • Report ID: 5259
  • Published Date: Sep 25, 2023
  • Report Format: PDF, PPT

Strand Displacement Amplification Market Trends

Growth Drivers

  • Increasing Demand for Rapid and Reliable Diagnostics Tests – Strand displacement amplification is a fast and easy diagnostic technology that can detect minute range of DNA in a sample. Therefore, owing to this strand displacement amplification has become a popular choice for rapid testing of diseases such as tuberculosis, cancer, influenza, and others. According to research, from 2010 to 2020, 3.1 billion fast diagnostic test kits for malaria were sold worldwide, with sub-Saharan African nations accounting for about 81% of these sales.
  • Increasing Awareness about the Benefits of SDA – Well there is quite an awareness about the benefits of strand displacement amplification among healthcare professionals and patients. However, the higher awareness about the benefits it offers such as high sensitivity, rapid results, and ease of use are factors driving the growth of this market.
  • Increasing Use in New Applications – Food testing, environmental testing, forensics, and other testing are a few varied range of applications that demand strand displacement amplification. The rising use of strand displacement amplification in various applications drives the growth of the market in the forecast period.

Challenges

  • Low Sensitivity – Strand displacement amplification is less sensitive than other amplification methods, such as polymerase chain reaction. This means that it may not be able to detect small amounts of DNA or RNA. This is expected to restrict the market expansion in the upcoming future times.
  • Availability of Alternatives
  • Disadvantages Associated with Strand Displacement Amplification

Strand Displacement Amplification Market: Key Insights

Base Year

2022

Forecast Year

2024 – 2036

CAGR

~5%

Base Year Market Size (2023)

~USD 2 billion

Forecast Year Market Size (2036)

~USD 20 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Gupta, Shivam Bhutani


  • Report ID: 5259
  • Published Date: Sep 25, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The growing prevalence of infectious diseases and increasing awareness about the benefits of strand displacement amplification are some of the major factors anticipated to drive the growth of the strand displacement amplification market.

The market is anticipated to attain a CAGR of ~5% over the forecast period, i.e., 2024 – 2036.

The major players in the market are Sherlock Biosciences, Lucigen Corporation, Bio-Rad Laboratories Inc., G-Biosciences, New England Bio-Labs, Geno Technologies Inc., and others.

The diagnostic laboratories segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in North America is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
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