Polymerase Chain Reaction Technologies Market Projected to Grow at a CAGR of 6.2% By 2023 – Thermo Fisher, Sygnis, LGC, Agilent, BioMerieux, RainDance, Affymetrix

The “Polymerase Chain Reaction Technologies Market ” is an in-depth analysis of the market with a focus on the global trend. The report goals to provide an overview of the Polymerase Chain Reaction Technologies Market with detailed segmentation by product, type, application, and geography

Polymerase chain reaction (PCR) is an important scientific technique in molecular biology that amplifies single or few copies of a piece of DNA. In addition, it is helpful in generating thousands to millions of copies of a particular DNA sequence and investigating diseases such as AIDS, tuberculosis, Lyme disease, and middle ear infections. The technology involves three major steps-denaturation, annealing, and extension. It is applicable in medical, research, clinical diagnostics, and forensics. It has been utilized since decades as a standard method for research on nucleic acids (RNA and DNA) in laboratories. PCR technologies available in market are real-time quantitative (qPCR), digital PCR (dPCR), inverse PCR, multiplex PCR, assembly PCR, and standard PCR. The need of effective diagnostic molecular technique in healthcare to detect diseases fuels the demand for the growth of the market. The global polymerase chain reaction technologies market was valued at $7,027 million in 2016, and is estimated to reach $10,776 million by 2023, registering a CAGR of 6.2% from 2017 to 2023.

Rise in number of diagnostic centers and hospitals, completion of the human genome project, high prevalence of diseases, increase in the geriatric population, technological advancements, and high investments by private and public organizations drive the market. However, technical limitations related to qPCR and dPCR products and high cost of dPCR devices restraint the market growth. In addition, accurate and timely results for RT-PCR is a major challenge faced by the PCR market. Reduction in number of PCR processes makes the process less tedious and may open avenues of opportunities for the PCR market. 

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The report segments the market by technology, product, end user, application, and geography. In terms of technology, it is segmented into real-time PCR, traditional PCR, and digital PCR. Based on product, it is classified into reagents & consumables, instruments, software, and services. Based on application, it is categorized into clinical, research, and forensic applications. Based on end user, it is divided into diagnostic centers & hospitals, biotech & pharma companies, and academic & research institutions. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Healthcare giants have adopted product developments & commercialization, collaborations, partnerships, and agreements as their key strategic moves for the development of their portfolios. For instance, LGC Ltd. acquired Biosearch Technologies in 2015 to extend its expertise in qPCR market. Moreover, Sygnis AG launched SunScript one-step RT-qPCR kit in January 2016, which is useful in gene expression analysis. These developments by market giants have led to the market growth.

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Table of Content:

1 Introduction
1.1 Scope of Study
2 Key Takeaways
3 Polymerase Chain Reaction Technologies Market Landscape
3.1 Market Overview
3.2 Market Segmentation
3.3 PEST Analysis
4 Polymerase Chain Reaction Technologies Market- Key Industry Dynamics
4.1 Key Market Drivers
4.2 Key Market Restraints
4.3 Key Market Opportunities
4.4 Future Trends
4.5 Impact Analysis
5 Polymerase Chain Reaction Technologies Market  Analysis- Global
5.1 Global   Polymerase Chain Reaction Technologies Market Overview
5.2 Global   Polymerase Chain Reaction Technologies Market Forecasts and Analysis
5.3 Market Positioning/Market Share
5.4 Performance of Key Players
5.5 Expert Opinions   Polymerase Chain Reaction Technologies Market

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Posted by on Monday August 19 2019, 6:00 AM EDT. All trademarks acknowledged. Filed under Biotechnology, Business Services, Diagnostics, Featured Press Release, Healthcare, Life Sciences, Medical Devices, Pharmaceuticals. Comments and Trackbacks closed. Follow responses: RSS 2.0

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