Real Time Pcr Qpcr Market

Global Market Study on Real-Time PCR (QPCR): Increasing Usage in Drug Development and Research Activities Aiding Market Growth

Real-Time PCR (qPCR) Market is Segmented by product types such as Real-Time PCR (qPCR) Systems, Reagents and Assays, Real-Time PCR (qPCR) Consumables, PCR Primers, Assays, and Arrays PCR Plates, Seals and Tubes having applications such as Clinical, Research and Forensics

  • May-2020
  • PMRREP31513
  • 204 Pages
  • Healthcare
  • PPT, PDF, WORD, EXCEL

Introduction

Technological advancements in the form of superior qPCR systems and rising prevalence of targeted diseases are major factors aiding the growth of the real-time PCR (qPCR) market.

Consistent efforts by PCR manufacturers to develop novel systems and kits for molecular testing, coupled with rising investments in research & development by key manufacturers, are likely to further propel the growth of the real-time PCR (qPCR) market over the forecast period period of 2020 to 2030.

The market is expected to witness significant growth owing to the increasing adoption in scientific disciplines such as forensic science, human genetic testing, and pathogen detection. Expanding application in veterinary medicines and food microbiology is creating incremental opportunities for players to increase their market share in the coming years.

Find Out More about the Report Coverage

Companies

  • Thermofischer Scientific Inc.
  • Bio-Rad Laboratories Inc.
  • Agilent Technologies, Inc.
  • BIOTECON Diagnostics
  • Sigma-Aldrich Co. LLC.
  • Takara Bio Inc.
  • Danaher Corporation
  • F. Hoffmann-La Roche Ltd
  • QIAGEN N.V.

Rising Incidence of Life-threatening Infectious Diseases & Genetic Disorders Surging Demand

Increase in the prevalence of infectious diseases Therapeutic such as HIV, malaria, and hepatitis, and genetic disorders such as syndromes and cancer, are expected to fuel the growth of the real-time PCR (qPCR) market.

Due to the rising prevalence of target diseases, worldwide, with the proven efficacy of real-time PCR (qPCR) analysis in the estimation and diagnosis of disease-causing microbes, the use of clinical diagnostic tests will increase. Thus, this, in turn, is expected to boost the growth of the real-time PCR (qPCR) market.

Customize this Report

Explore Intelligence Tailored to Your Business Goals.

COVID-19 Impact Propelling Demand for RT-PCR Kits

With increasing cases of COVID-19 across the world, the need for effective and quick testing is escalating, and the RT-PCR kit is the most sought-after method in the healthcare industry, thereby producing a point in the demand for these kits.

This factor is playing an important role in driving the growth of the real-time PCR (qPCR) market. Many research organizations and universities are giving outstanding support by providing their real-time PCR (qPCR) platforms for conducting tests, which is one of the most accurate laboratory methods for tracking, detecting, and studying the coronavirus.

Market Research Methodology - Perfected through Years of Diligence

A key factor for our unrivaled market research accuracy is our expert- and data-driven research methodologies. We combine an eclectic mix of experience, analytics, machine learning, and data science to develop research methodologies that result in a multi-dimensional, yet realistic analysis of a market.

Get actionable insights on Ship Repair And Maintenance Services Market

Evolution of Real-Time PCR Techniques Driven by Continuous Development in Pharmaceutical & Biotechnology Industries

Growing use of real-time PCR (qPCR) techniques in drug development and other research activities will augment real-time PCR (qPCR) products in biotechnology and pharmaceutical industries.

Besides, increasing number of biotechnology and pharmaceutical industries focusing on the use of advanced methods for the diagnosis of various diseases is likely to further drive the growth of the real-time PCR (qPCR) market.

Further, the recent outbreak of COVID-19, which has transformed into a global pandemic, is certain to assert influence on the market. Additionally, initiatives such as Indian government approved 12 rapid antibody test kits for COVID-19 diagnosis are giving a significant boost to the real-time PCR (qPCR) market.

real time pcr qpcr market product

Explore Persistence Market Research’s expertise in promulgation of the business !

Global Real-Time PCR (qPCR) Market Regional Outlook

North America remains the most lucrative region with a significant market share of close to 57% in the global real-time PCR (qPCR) market. Increased adoption of novel and innovative genomic analysis products and availability of R&D grants are factors contributing to the dominance of North America in this market space.

High prevalence of chronic & infectious diseases coupled with increasing awareness among patients about the early diagnosis of these diseases is anticipated to boost the demand for PCR products in Asia Pacific, in turn, driving the growth of the market in the region over the coming years.

Competitive Landscape of Real-Time PCR (qPCR) Market

The real-time PCR (qPCR) market is characterized as a consolidated market, with key players across the globe such as Thermofisher Scientific, Bio-Rad Laboratories Inc., Sigma-Aldrich Co. LLC., TransGen Biotech Co.Ltd., Sino Biological Inc., Agilent Technologies, Inc., Quantabio, Vela Diagnostics, BIOTECON Diagnostics, Shanghai Fosun Long March Medical Science Co., Ltd., F. Hoffmann-La Roche Ltd., etc. Manufacturers are actively involved in collaborations for product development and geographic expansion to gain a larger market share in the real-time PCR (qPCR) market space.

Analysts’ Viewpoint on Real-Time PCR (qPCR) Market Trends

Increasing adoption real-time PCR (qPCR) for the diagnosis and estimation of disease-causing microbes, with increasing product availability among consumers, is expected to fuel the growth of the real-time PCR (qPCR) market during the forecast period, which is projected to expand at a CAGR of more than 8% through 2030.

The cost effectiveness of real-time PCR (qPCR) products remains one of the major drivers for the growth of this industry.

Key Segments of Real-time PCR (qPCR) Market

Product

  • Real-Time PCR (qPCR) Systems
  • Reagents and Assays
  • Real-Time PCR (qPCR) Consumables
  • PCR Primers, Assays, and Arrays
  • PCR Plates, Seals & Tubes

Application

  • Clinical
  • Research
  • Forensics and Others

End User

  • Hospitals
  • Diagnostic Laboratories
  • Academic and Research Institutes
  • Biopharmaceutical Companies
  • Contract Research Organizations
  • Animal Health
  • Food & Agriculture Industries

Region

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • MEA

Key Questions Answered in the Report

  • How much is the real time PCR and qPCR market worth?

    The real time PCR and qPCR market is estimated to be worth US$ 3.3 Bn in the year 2021.

  • What will be the demand outlook?

    The global real time PCR and qPCR market is expected to witness a CAGR of 8.5% between 2021 and 2031.

  • What was the last 5 year market CAGR?

    The global real time PCR and qPCR market witnessed a CAGR of 7% between 2015 and 2020.

  • What are the key trends of real time PCR and qPCR market?

    The latest trend is that of emerging economies going modern with healthcare infrastructure in the form of real time PCR and qPCR.

  • What is driving the demand for real time PCR and qPCR?

    Push for genomic analysis techniques with regards to genetic disorders like cancer and infectious diseases like hepatitis, malaria, and tuberculosis is driving the demand for real time PCR and qPCR market.

  • What is the market share of top 5 players?

    The top 5 players such as Thermo Fisher Scientific, Bio-Rad Laboratories, F. Hoffmann-La Roche, Ltd., Abbott Laboratories, and Agilent Technologies hold more than 65% of the market share.

  • What are the top 5 countries driving demand?

    The 5 countries driving demand include the US, Switzerland, Germany, The Netherlands, and Japan.

  • What is North America’s market Outlook?

    North America holds more than 30% of the market share in terms of revenue due to the US being the flag bearer.

  • At what percentage real PCR and qPCR market is going to register growth in Europe?

    Europe is expected to register growth rate of 6.5% in the real time PCR and qPCR market between 2021 and 2031.

  • Which countries are key producers of real time PCR and qPCR?

    The US and Switzerland are key producers of real time PCR and qPCR.

Media Release

Recommendations

Membrane Filtration Market

Worldwide revenue from the membrane filtration market estimated to surge ahead at a value CAGR of 7.1% to reach US$ 42.9 Bn by the end of 2032..

Diabetic Nephropathy Market

Global DMT market reached USD 2,093.5 million in 2014 and USD 2,929.8 million in 2020, growing at a CAGR of 5.8% from 2014 to 2020 - Persistence Market Research.

Mammalian Cell Banking Market

North America and Europe currently hold more than 49% of the global mammalian cell banking market share. The high prevalence of cancer and increasing cancer research are surging the demand for mammalian cell banking in North America..

Antibodies Contract Manufacturing Market

The global antibodies contract manufacturing market was valued at US$ 3.87 Bn in 2020, and is expected to register a high CAGR of 13% during the forecast period (2021-2031)..

Our Clients

Our Clients