High-Resolution Melting Analysis Market

Market Study on High-Resolution Melting Analysis: PMR Foresees a Spectrum of Revenue Generation Opportunities in the Upcoming Years, Analysing the Increasing Demand for Precise and Efficient Genetic Analysis Tools Across Diverse Applications in Research, Diagnostics, and Personalized Medicine

A Detailed Analysis of the High-Resolution Melting Analysis Market Based on its Expanding Application in Genomics Research, Rising Prevalence of Genetic Disorders, and a Thriving Boom Around Personalized Medicine

Report ID: PMRREP33995

Number of Pages: 201

Format: PPT*, PDF, EXCEL

Industry: Healthcare

Published Date: February-2024

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High-Resolution Melting Analysis Market

The global high-resolution melting analysis market is forecast to expand at a CAGR of 3.1% and thereby increase from US$289.4 Mn in 2023, to US$358.4 Mn by the end of 2030.

Attributes

Key Insights

High-Resolution Melting Analysis Market Size (2023E)

US$289.4 Mn

Projected Market Value (2030F)

US$358.4 Mn

Global Market Growth Rate (CAGR 2023 to 2030)

3.1%

Historical Market Growth Rate (CAGR 2018 to 2022)

3.0%

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Market Introduction and Definition

High-resolution melting analysis (HRM) is a molecular biology methodology employed to identify mutations and genetic variations. Monitoring the dissolving behavior of double-stranded DNA as it is progressively heated constitutes this method. The distinctive melting profiles produced by variations in DNA sequences facilitate the detection and characterization of single nucleotide polymorphisms (SNPs), epigenetic modifications, and mutations.

HRM is extensively utilized in a multitude of applications, encompassing methylation analysis, mutation scanning, and genotyping. In the fields of genetics and diagnostics, HRM is a valuable instrument for researchers and clinicians due to its precision, velocity, and cost-efficiency. The global high-resolution melting analysis market is driven by several factors, including the prevalence of genetic disorders, the rising demand for precision medicine, and the development of molecular biology techniques.

The rapid and cost-effective detection of genetic variations by HRM has been a driving force behind its implementation in clinical and research environments. Furthermore, the expanding utilization of HRM in personalized medicine and the increasing recognition of its advantages both contribute to the expansion of the market. The global HRM market is significantly influenced by molecular diagnostics and genetic research due to the continuous advancement of technology and the expansion of research and development efforts.

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Market Growth Drivers

Escalating Demand for Precision Medicine

The global high-resolution melting analysis market is being propelled by the escalating need for precision medicine. Precision medicine, alternatively referred to as personalized medicine, is an innovative methodology that customizes medical interventions and treatment plans according to the distinct attributes of every individual patient. In designing therapeutic strategies that are both targeted and effective, it takes into account various environmental influences, genetic composition, and lifestyle choices of an individual. By facilitating the precise and rapid detection of genetic variations, mutations, and polymorphisms in an individual's DNA, HRM is a critical component of precision medicine.

The emergence of precision medicine is propelled by the realization that genetic and molecular profiles influence how individuals react differently to medical treatments. Clinicians can acquire significant knowledge regarding the genetic composition of patients through the utilization of HRM, thereby enabling more accurate diagnostic and therapeutic judgments.

HRM enables the detection of certain genetic mutations that are linked to a range of diseases, thereby guiding healthcare practitioners in the selection of therapies that are most appropriate and customized to an individual's genetic predispositions. By adopting a targeted approach, treatment efficacy is not only improved but adverse effects are also reduced, thereby maximizing patient outcomes. Progressives in genomic research and an expanding comprehension of the complex interplay between genetics and disease contribute to the escalating demand for precision medicine.

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Market Restraints

Expense and Intricacy Required for Implementation of Sophisticated Molecular Diagnostic Technologies

The global high-resolution melting analysis market is hindered by the expense and intricacy required to implement sophisticated molecular diagnostic technologies. Although HRM provides outstanding precision and efficiency, its implementation in clinical and research environments necessitates advanced instrumentation and specialized knowledge.

Securing and upkeeping essential apparatus, including thermocyclers with HRM capabilities and real-time PCR instruments, can require a considerable initial investment. This can impose a financial burden on smaller laboratories and healthcare facilities that have limited resources.

Moreover, the intricacy associated with the analysis and interpretation of HRM data presents a formidable obstacle, demanding the services of proficient experts in molecular biology and genetic analysis. Adding adequately trained personnel to routine diagnostics or research workflows increases the overall cost of integration.

Formidable Competition Posed by Alternative Molecular Diagnostic Technologies

An influential factor influencing the worldwide market for high-resolution melting analysis (HRM) is the formidable competition posed by alternative molecular diagnostic technologies. Alternative techniques for genetic analysis, including next-generation sequencing (NGS), and digital PCR, have become increasingly prominent as the discipline of molecular biology progresses. Particularly advantageous are the high-throughput capabilities and the capacity to sequence complete genomes that these technologies provide.

As a result of the competitive environment, laboratories and researchers are compelled to evaluate and select the most appropriate technology to meet their specific requirements; this poses a threat to the market share of HRM. Additionally, the competition encompasses the ongoing creation of innovative platforms and methods, which may surpass the capabilities of HRM in terms of cost-effectiveness, sensitivity, and specificity.

Although HRM demonstrates exceptional performance in specific domains like SNP detection and mutation scanning, its inadequacies in managing extensive genomic datasets and attaining exceptionally high sensitivity could impede its integration into certain state-of-the-art research fields.

Opportunities

Expanding Application Base of HRM Technology Across Diverse Scientific Disciplines

The global high-resolution melting analysis market is experiencing growth due to an opportunistic factor; the expanding applications of HRM technology across diverse scientific disciplines and the growing emphasis on genomic research. With the increasing integration of genomic research into the comprehension of human health and diseases, HRM emerges as a multifunctional and essential instrument for the precise analysis of genetic variations.

HRM is utilized by scientists in numerous disciplines, including oncology, microbiology, and pharmacogenomics, to identify and characterize disease-associated genetic markers. This facilitates a more comprehensive understanding of molecular pathways and establishes a foundation for the development of targeted therapies.

HRM's adaptability transcends the healthcare sector, as it is also implemented in the fields of agricultural biotechnology and environmental science. HRM facilitates the identification of genetic markers associated with desirable characteristics in agriculture, thereby contributing to the development of crops that possess enhanced nutritional profiles, resistance to diseases, and increased yields.

Likewise, HRM facilitates the detection and monitoring of microbial communities in environmental science, allowing researchers to evaluate the state of the environment and tackle concerns about contamination or pollution. HRM's capacity to deliver efficient, rapid, and high-throughput analysis establishes it as a valuable resource across various research domains, thereby generating vast prospects for market expansion.

Market Segmentation

What is the Spearheading Product Segment?

Instruments Hold the Largest Market Share, Real-Time Integration with PCR Devices Drives Demand

A significant portion of the high-resolution melting analysis market is anticipated to be occupied by the instruments segment. The reason for this is that HRM-compatible instruments, including real-time PCR devices and HRM-capable thermocyclers, are crucial for enabling precise and high-throughput genetic variation analysis. The increasing demand for human resource management (HRM) technology in clinical and research settings will continue to be a major factor driving the market, solidifying the instruments segment's position as the market leader.

Although instruments currently hold the greatest market share, it is expected that the software segment will undergo the most rapid growth. Advanced HRM software is required to meet the demands of organizations that require user-friendly interfaces and automation solutions, as well as to handle the increasing complexity of genetic data analysis. With the increasing demand for streamlined workflows among researchers and clinicians, it is anticipated that innovative human resource management (HRM) software solutions with strong data interpretation and visualization functionalities will be rapidly embraced. This will position the software segment for significant expansion within the dynamic HRM technology landscape.

Which Segment of the Market Leads by Application?

Dominance of the Detection of Acquired Mutations, Mutation Scanning, and SNP Typing Segment Prevails

The segment encompassing the detection of acquired mutations, mutation scanning, and SNP typing is anticipated to hold the most significant market share in the high-resolution melting analysis industry. The extensive utilization of HRM in genetic research and diagnostics, where the detection and characterization of acquired mutations and single nucleotide polymorphisms (SNPs) are pivotal, is responsible for this. The ability of HRM to perform mutation scanning and SNP typing establishes this sector as a significant market driver.

The epigenetics/methylation profiling and drug-resistant segment is anticipated to experience the most rapid growth among the specified segments. With the growing recognition of the significance of comprehending drug resistance mechanisms and epigenetic modifications across multiple medical domains, HRM emerges as a valuable instrument for profiling DNA methylation patterns and identifying drug-resistant mutations due to its exceptional sensitivity and specificity. The increasing focus on targeted therapies and personalized medicine additionally drives the need for human resource management (HRM) in the field of epigenetics and drug resistance testing, thereby contributing to the swift expansion of this specialized sector within the HRM industry.

Which of the End Users is Poised to Contribute the Largest Market Share?

Clinical Diagnostics to be at the Forefront

The clinical diagnostics segment is anticipated to hold the most market share in the HRM industry. The rising prevalence of human resource management (HRM) in clinical environments for disease diagnosis, mutation analysis, and personalized medicine applications substantially enhances the prominence of the clinical diagnostics sector. As the effectiveness of HRM technology in delivering precise and timely genetic information for the benefit of patients is demonstrated, clinical diagnostics are positioned as a significant market expansion driver. Although clinical diagnostics currently occupies the largest market share, it is expected that the academic research sector will experience the most rapid growth.

The demand for human resource management (HRM) in academic research contexts is being driven by the increasing integration of HRM technology in molecular biology laboratories and the continuous expansion of genomic research initiatives in academic institutions. HRM's capacity to investigate molecular studies and genetic variations renders it an invaluable instrument for researchers, thereby contributing to the exponential expansion of the academic research sector within the HRM industry.

Top Regional Markets

North America Retains the Top-ranking Position, Higher Prevalence of Genetic Conditions Drive Growth

It is anticipated that North America will hold the largest market share of the global market. Several factors contribute to this, including the region's high prevalence of genetic disorders, sophisticated healthcare infrastructure, and robust research and development activities. North America, with Canada and the United States being particularly notable examples, places considerable importance on molecular diagnostics, precision medicine, and genomic research. The prevalence of established pharmaceutical and biotechnology firms, coupled with a significant emphasis on clinical and academic research, plays a role in the extensive integration of HRM technology.

Furthermore, the development of reimbursement policies and a regulatory environment that are favorable to advanced molecular diagnostic technologies in North America serve to bolster market expansion. The region's advanced healthcare ecosystem fosters the integration of state-of-the-art technologies, and the precision and effectiveness of HRM render it a favored option for genetic analysis in clinical and research contexts. Furthermore, the growing recognition among healthcare practitioners regarding the advantages of HR management in the context of personalized medicine and disease diagnosis solidifies the pre-eminent market position of North America.

Increasing Genetic Research Endeavors, and Augmenting Investments in Molecular Diagnostics Uplift Asia Pacific

It is expected that South Asia, and the Pacific will witness the most rapid expansion of the HRM market. Several factors have been identified as contributors to this exponential growth; the rising incidence of genetic disorders, an expanding population, and increased financial investments in healthcare infrastructure and research endeavors. Emerging nations in this vicinity, including Australia, China, and India are observing an upsurge in genetic research endeavors, and an increased emphasis on molecular diagnostics.

Untapped opportunities for HRM adoption exist in the South Asia, and the Pacific region due to the increasing availability of healthcare services and the trend toward precision medicine. The integration of advanced technologies into healthcare systems and partnerships with international research organizations that raise awareness of the potential applications of HRM present substantial opportunities for accelerated market expansion.

Moreover, the region's substantial population size contributes to a genetically heterogeneous environment, rendering HRM especially advantageous in comprehending and mitigating the consequences of genetic variations and susceptibility to diseases.

Analyst’s Viewpoint

The expanding market can be attributed, in large part, to the rising demand for precision medicine. HRM arises as a critical enabler in the global healthcare system transition towards more personalized and targeted treatment approaches. This is achieved through the facilitation of precise identification of genetic variations, mutations, and single nucleotide polymorphisms (SNPs). The increasing incidence of complex maladies, including cancer and genetic disorders, is driving this demand, which has resulted in a notable surge in research and diagnostics that employ HRM technology.

In determining the rate of adoption, the relationship between manufacturers and consumers in the HRM market is critical. It is anticipated that manufacturers will prioritize the improvement of the usability and automation of human resource management (HRM) instruments and software to expand their customer accessibility.

Alliances between research institutions and manufacturers have the potential to expedite the development of specialized human resource management (HRM) solutions tailored to particular applications, thereby fortifying the market's fundamental structure. Furthermore, the establishment of strategic alliances between suppliers of HRM technology and healthcare organizations will be crucial for effectively managing regulatory environments and facilitating a smooth transition into operational processes.

Ongoing technological progress makes the future of the HRM market appear auspicious. The ongoing enhancement of HR management tools, software, and approaches is anticipated to rectify existing deficiencies, thereby encouraging broader implementation in a variety of contexts. With the continuous advancement of genetic knowledge and the discovery of additional genetic markers associated with diverse diseases, HRM's adaptability establishes it as a dynamic instrument capable of transforming in tandem with the expanding domain of genetic research and diagnostics.

Supply-side Dynamics

The High-resolution melting analysis market is characterized by a competitive environment where Thermo Fisher Scientific, Bio-Rad Laboratories, and Qiagen hold dominant positions. These corporations have a worldwide influence and significantly impact the dynamics of the market. Prominent adopters of HRM technology include the US, and European nations, with Germany, and the UK being particularly noteworthy in this regard.

Prominent research institutions and healthcare facilities are situated in these regions, and they make extensive use of HRM for applications involving precision medicine, disease diagnostics, and genetic research. The utilization of HRM for cancer mutation profiling at the Mayo Clinic in the US exemplifies the importance of this practice in the progression of clinical diagnostics and treatment approaches.

The industry leaders in human resource management (HRM) are proactively transforming the environment using ongoing innovation, strategic alliances, and product portfolio expansion. For example, Thermo Fisher Scientific has emerged as a leader in the field by providing exhaustive software solutions and HRM-compatible instruments that encompass every aspect of genetic analysis. By concentrating on the development of HRM assay packages for a variety of applications, Bio-Rad Laboratories has increased the adaptability of HRM technology.

Market expansion is aided by Qiagen's efforts to automate HRM workflows and integrate HRM into its broader portfolio. By addressing obstacles such as expanding applications and streamlining data interpretation, these firms are exerting an impact on the market, thereby consolidating their authority and driving the expansion of the HRM sector as a whole.

Competitive Intelligence and Business Strategy

To maintain and increase their market share, market leaders in high-resolution melting analysis landscape, viz., Thermo Fisher Scientific, Bio-Rad Laboratories, and Qiagen implement strategic initiatives. These businesses emphasize research and development to implement innovative HRM technologies. As an illustration, Thermo Fisher Scientific diligently improves its HRM software and real-time PCR instruments to align with the ever-changing demands of research and diagnostics.

Bio-Rad Laboratories allocates resources towards the advancement of cutting-edge human reproductive medicine (HRM) assay kits, which are designed to accommodate a wide range of genetic analysis applications. By emphasizing integration and automation, Qiagen streamlines HRM workflows to increase productivity.

Prominent competitors strive to deliver comprehensive solutions by supplying an extensive collection of instruments, reagents, and software that are compatible with HRM. The portfolio of Thermo Fisher Scientific includes HRM software and instruments such as the Applied Biosystems QuantStudio 3 Real-Time PCR System. A variety of HRM assay kits dedicated to mutation detection, genotyping, and methylation analysis are available from Bio-Rad Laboratories.

The HRM solutions automated in Qiagen's portfolio guarantee a streamlined process spanning from sample preparation to data analysis. Establishing alliances with healthcare facilities, research institutions, and other significant stakeholders constitutes an essential component of the strategies employed by the dominant players. These collaborative efforts not only broaden the scope of HRM technology but also yield valuable perspectives on the specific requirements of end-users.

Academic and clinical institutions engage in partnerships with Thermo Fisher Scientific to validate and optimize HRM applications. Bio-Rad Laboratories establishes collaborative alliances to authenticate its HRM assays within clinical environments. By incorporating HRM into broader diagnostic solutions, Qiagen's collaborations increase the system's applicability in a variety of healthcare contexts.

High Resolution Melting Analysis Market Report Scope

Attribute

Details

Forecast Period

2023 to 2030

Historical Data Available for

2018 to 2022

Market Analysis

US$ Million for Value

Key Regions Covered

  • North America
  • Latin America
  • Europe
  • South Asia & Pacific
  • East Asia
  • The Middle East & Africa  

Key Countries Covered

  • United States
  • Canada
  • Germany
  • United Kingdom
  • France
  • Italy
  • Spain
  • Russia
  • China
  • Japan
  • South Korea
  • India
  • Thailand
  • Malaysia
  • Indonesia
  • Australia
  • New Zealand
  • GCC Countries
  • South Africa  

Key Market Segments Covered

  • Product
  • Application
  • End User
  • Region

Key Companies Profiled

  • Thermo Fisher Scientific Inc.
  • Bio-Rad Laboratories, Inc.
  • F. Hoffman-La Roche Ltd.
  • Bio Farma
  • QIAGEN
  • Illumina, Inc.
  • Agilent Technologies, Inc.
  • BIOMÉRIEUX
  • Meridian Bioscience, Inc.
  • Novacyt
  • PREMIER Biosoft
  • Azura Genomics Inc.
  • Canon Medical Systems Corporation

Report Coverage

  • Market Forecast
  • Company Share Analysis
  • Competition Intelligence
  • DROT Analysis
  • Market Dynamics and Challenges
  • Strategic Growth Initiatives  

Customization & Pricing

Available upon request

High Resolution Melting Analysis Market Research Segmentation

By Product:

  • Reagents
  • Instruments
  • Software

By Application:

  • Detection of Acquired Mutations/Mutation Scanning/SNP Typing
  • Microbial Species Identification
  • Zygosity Testing
  • Epigenetics/Methylation Profiling and Drug-Resistant

By End User:

  • Academic Research
  • Clinical Diagnostics

By Region:

  • North America
  • Europe
  • East Asia
  • South Asia & Oceania
  • Latin America
  • Middle East & Africa

For report customisation and delivery information contact our sales representative.

Companies Covered in This Report

  • Thermo Fisher Scientific Inc.
  • Bio-Rad Laboratories, Inc.
  • F. Hoffman-La Roche Ltd.
  • Bio Farma
  • QIAGEN
  • Illumina, Inc.
  • Agilent Technologies, Inc.
  • BIOMÉRIEUX
  • Meridian Bioscience, Inc.
  • Novacyt
  • PREMIER Biosoft
  • Azura Genomics Inc.
  • Canon Medical Systems Corporation

Frequently Asked Questions

The market is anticipated to grow at a CAGR of 3.1%% during the projected period.

The high-resolution melting analysis market was valued at US$289.4 million in 2023.

The US held the largest market share in 2023.

Some of the prominent players in the market are Thermo Fisher Scientific Inc., Bio-Rad Laboratories, Inc., F. Hoffman-La Roche Ltd., and Bio Farma.

The academic research segment is expected to grow at the fastest CAGR during the forecast period.

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