Global Polymerase Chain Reactions (Pcr) Devices, Reagents And Uses Market 2024 , Forecast To 2033
7 Mar, 2024
The polymerase chain reactions (PCR) devices, reagents, and uses market has shown strong growth recently, expanding from $5.9 billion in 2023 to $6.19 billion in 2024, marking a compound annual growth rate (CAGR) of 5.0%. This growth can be attributed to factors such as the rising prevalence of infectious diseases and increasing adoption of PCR in research and development. Looking ahead, the market is expected to continue its strong growth, reaching $8.25 billion in 2028 at a CAGR of 7.4%. This growth may be driven by factors such as COVID-19 monitoring, cancer diagnostics, and expansion of pharmacogenomics. Major trends in this period could include digital PCR, next-generation sequencing integration, and automation in PCR.
Global Polymerase Chain Reactions (PCR) Devices, Reagents And Uses Market Key Driver
The growing prevalence of infectious diseases across the world is driving the polymerase chain reactions devices and reagents market (4). Polymerase chain reactions devices are used in clinical laboratories to detect the presence of infectious diseases. In a report published by the World Health Organization, it was reported that around 17 million people are killed in a year due to infectious diseases (5). Also, the same report stated that 30 new infectious diseases have emerged in the last 20 years. According to the National Centre for Health Statistics, 15.5 million people in the US visited a physician, due to an infectious disease (6). Such instances are increasing the demand for clinical diagnostic services and thereby driving the polymerase chain reactions devices and reagents market (7).
Get A Free Sample Of The Global Polymerase Chain Reactions (PCR) Devices, Reagents And Uses Market ReportGlobal Polymerase Chain Reactions (PCR) Devices, Reagents And Uses Market Segments
The polymerase chain reactions (pcr) devices, reagents and uses market covered in this report is segmented –
1) By Product: Instruments, Reagents, Consumables
2) By Instruments: Standars PCR, RT-PCR, Digital PCR
3) By End User: Pharmaceutical and biotechnoly industries, Clinical Diagnostics labs and hospitals, Academics and research organization
By Geography: The countries covered in the polymerase chain reactions (PCR) devices, reagents and uses market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
North America was the largest region in the polymerase chain reactions (PCR) devices and reagents market in 2023. Western Europe was the second-largest region in the global polymerase chain reactions (PCR) devices and reagents market report. The regions covered in the polymerase chain reactions (PCR) devices, reagents and uses market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Major Polymerase Chain Reactions (PCR) Devices, Reagents And Uses Industry Players
Bio-Rad Laboratories Inc.; F. Hoffmann-La Roche AG; Thermo Fisher Scientific Inc.; Becton Dickinson and Company; Abbott Laboratories; bioMérieux S.A.; Agilent Technologies Inc.; QIAGEN N.V.; Siemens Healthcare GmbH (Siemens AG); Fluidigm Corporation; SYGNIS Pharma AG; Takara Bio Inc.; Cepheid; Lontech Laboratories; Eppendorf India Private Limited; GE Healthcare; Kapa Biosystems; Maxim Biomedical Inc.; Promega Corporation; RainDance Technologies Inc.; Affymetrix Inc.; Beckman Coulter Inc.; Enzo Life Sciences Inc.; Roche Diagnostics GmbH; Merck KGaA; Danaher Corporation; Stilla Technologies; Meridian Bioscience Inc.; BioFire Diagnostics LLC; Luminex Corporation; GenMark Diagnostics Inc.
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Polymerase Chain Reactions (PCR) Devices, Reagents And Uses Market Overview
Polymerase Chain Reactions (PCR) devices and reagents are designed to aid scientists in producing multiple copies of specific DNA segments. In PCR, a section of the genome to be amplified is chosen using short synthetic DNA fragments called primers, and the segment is subsequently amplified through numerous rounds of DNA synthesis.