The pathway that leads to self employment can have its ups and it can also have its downs. There tends to be times you love your “job” and other times you detest it. Using the term ‘job’ lightly, by no stretch of the imagination is it just a job, and it can not exactly be called a career path either, You can be confident in calling it a lifestyle or even a way of life. The thing that you will welcome about being in the ‘self employed’ bracket are the ups, downs, sideways and topsy turvy twists that come with it. So, let us have a look at some of these twists in the road, the ups and downs of the roller coaster ride.As soon as you go self employed there will be immediate changes that you will need to purposely adjust to, and quite quickly as well. You will notice that you will not have a manager or a peer to look at what your output is every day. Fantastic you are thinking, BUT this can be good and it can just as well be bad.Keeping Yourself On The TracksYou will now be solely responsible to keep yourself on track and productive. When riding on a roller coaster, there is always a set of rules. Obeying them will ensure your safety and well being. Disobeying will result in harm to your self or being kicked out of the park. Abiding by the rules, in this case, setting your goals out, planning properly, controlling things and being productive, will mean that you will have a fair chance of being successful. If you are unprofessional about it all and do not follow the rules you will put everything in jeopardy when you do not have to. So – think you can take all the bumps and bruises that the self employment roller coaster has to offer then? The only person that can keep you on the track is yourself.The Good Times Are GoodThe benefits to be had though are worth having. You future is in your own safe hands and no ones other than your own. You own the company, nobody else and every single amount of revenue you generate is for you. If you show some financial understanding and monetary management you can obtain early financial freedom. No more worrying about requesting off days, calling off sick, or whether you have a job or not by the end of the week. When your friends are concerned about their jobs and talking about it all the time you can lounge back and feel good about the fact that you are self employed.A Positive Attitude Does Go A Long WayWhen you get on the roller coaster at the fun fair you can be 100% certain about one thing. You may be roughed up a bit from the ups, downs, twists, and turns, but you will love the ride none the less. You must adopt this same attitude when you decide to go self employed. With out it you might as well keep the job that you are currently working at and save yourself the wasted time and effort. Are you going to let someone else lay down the tracks to your roller coaster or are you going to do it yourself?
Nucleic Acid Testing Market Trend, Outlook 2025
This testing (NAT) or nucleic acid amplification test (NAAT) is one of the advanced diagnostic test increasingly gaining traction over conventional culture methods, owing to high efficiency and accuracy. Furthermore, This testing has potential application in various life threating diseases including cancer, infectious disease, genetic and mitochondrial disorders, and also in development of personalized and precision medicine. NAT is an efficient diagnostic method, which significantly reduces the procedural time and consumption of reagents. Moreover, this testing is increasingly being used for screening blood donation samples to reduce the risk of transfusion transmitted infections (TTIs), thus aiding in growth of the nucleic acid testing market.Nucleic Acid Testing Market – DriverThese tests are extensively used for screening and diagnosis of various infectious diseases. Moreover, growing prevalence of infectious diseases and management of epidemics of new diseases has led to increasing demand for advanced diagnostic tests such as nucleic acid testing. For instance, according to the World Health Organization (WHO), in 2015, around 32,000 estimated deaths from tuberculosis and around 3, 23,000 new cases of TB were registered in the European region. Furthermore, according to the Centers for Disease Control and Prevention (CDC), around 5,251 deaths due to influenza infection were registered in 2015, in the U.S. According to the National Ambulatory Medical Care Survey: 2015 data findings, 16.8 million visits to physician offices for infectious and parasitic diseases were registered in the U.S. Nucleic acid testing (NAT) enables to examine various changes in gene sequence and copy number, and provides information regarding disease recurrence and possible condition of patient to likely respond to a particular treatment. Moreover, NAT can identify, which patient have undergone inherited mutations, which eventually helps to identify whether the patient is at increased risk of developing cancer or not. Increasing incidence of cancer in various geographical areas is a major driving factor for growing adoption of nucleic acid testing. For instance, according to the Cancer Atlas: 2017, there were an estimated 14.1 million new cancer cases in 2012. Moreover, India, China, and other East and Central Asian countries accounted for nearly half of world’s new cancer cases and deaths, in 2017. Furthermore, according to the same source, by 2025, there will be an estimated 19.3 million new cancer cases and 11.4 million cancer deaths, in less developed regions.Moreover, research funding by various government and private organizations for cancer treatment and increasing adoption of molecular and nucleic acid testing in cancer research programs, to detect molecular genetic changes in single or multiple sequence of DNA or mutations is expected to aid in growth of the nucleic acid testing market, in the near future. In 2016, National Cancer Institute (NCI) invested US$ 3.9 billion for cancer research activities, which accounts for 70.8% of overall NCI 2016 budget. Among which NCI invested around US$ 533 million on cancer detection and diagnostic research activities. Moreover, in 2016, NCI allocated 40.4% of its funds for Research Project Grants (RPGs). Furthermore, in 2017, NCI budget increased by US$ 454 million (8.7%) from previous year (2016) for research activities.Request for Customization @ https://www.coherentmarketinsights.com/ongoing-insight/toc/1644Market – RestraintThe inability or difficulty of nucleic acid testing in obtaining quantitative results from a large pool of clinical sample, difficulty of using NAT test for susceptibility testing, and higher cost of nucleic acid testing devices is expected to hamper growth of the nucleic acid testing market. According to the data published in Asian Journal of Transfusion Science, in February 2014, NAT is highly sensitive and advanced technique, however, it is associated with high cost and requires dedicated infrastructure facility, equipment, consumables, and technical expertise.Market – Regional AnalysisGeographically, global nucleic acid testing market is segmented into North America, Latin America, Europe, Middle East, Asia Pacific, and Africa. North America holds dominant position in nucleic acid testing market, followed by Europe. This is owing to increasing research and development studies by various government and pharmaceutical organizations in infectious disease and cancer diagnosis in North America. For instance, in January 2018, University of Glasgow-led project received US$ 1.85 million funding, which is a part of Global Challenges Research Fund (GCRF). This project will develop new tests for parasitic diseases and rapid testing in remote locations to help enable rapid diagnosis, and rapid treatment of infectious disease. Furthermore, high prevalence and awareness of cancer among people, in turn opting for early detection of cancer, is expected to aid in growth of the nucleic acid testing market in this region. For instance, according to American Cancer Society, data findings, North America registered higher incidence of cancer in children compared to any other region, in 2012. Moreover, North America accounted for 13.1% of total estimated cases of cancer, in 2012, globally, according to the same source.Asia Pacific is expected to witness fastest growth in the nucleic acid testing market over the forecast period. This is due to growing demand for efficient and quick diagnostic testing and increasing focus of major market players to expand their geographical reach in this region. For instance, in March 2013, Qiagen N.V. launched its careHPV test in China. careHPV is molecular diagnostic test designed to screen for high risk human papillomavirus (HPV) for low-resource settings such as areas lacking electricity, water or laboratories. Qiagen also gained the approval from China’s State Food and Drug Administration (SFDA) for careHPV in 2012.Market – Competitive AnalysisKey market players in nucleic acid testing market are Abbott Laboratories, Beckman Coulter, Inc., Becton, Dickinson and Company, BioMérieux SA, Bio-Rad Laboratories, Inc., F. Hoffmann-La Roche Ltd., Grifols, S.A., Illumina, Inc., Novartis Ag, Qiagen N.V., Quest Diagnostics Incorporated, Siemens Ag, and Tecan Group Ltd., among others. Players in the market are focusing on inorganic growth strategies, in order to enhance its market share and remain competitive in the market. For instance, in January 2017, Grifols, S.A. acquired the NAT (Nucleic Acid Testing) donor screening unit from Hologic, Inc. for US$ 1,850 million. The acquisition enabled Grifols to strengthen its position in transfusion medicine through NAT technology.Market – TaxonomyBy Product Type
Test Kits
Polymerase Chain Reaction(PCR)
Ligase Chain Reaction(LCR)
Transcription-mediated Amplification (TMA)
Whole Genome Sequencing
Consumables
By Indication
Infectious Disease
Cancer
Forensic Testing
Personalized Medicine
Others
By End User
Hospitals & Clinics
Pathology Laboratories
Academic & Research Organization
By Geography:
North America
Latin America
Europe
Asia Pacific
Middle East
Africa
About Coherent Market Insights:Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.Contact Us:Mr. ShahCoherent Market Insights1001 4th Ave, #3200Seattle, WA 98154Tel: +1-206-701-6702Email: [email protected]
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