PCR/RT Market - Trends Forecast Till 2028: Unraveling Market Overview and Analysis


Posted December 11, 2023 by Delvens124

PCR/RT market size is projected to reach USD 11.5 billion by 2026 at a CAGR of 6.7% from USD 7.5 billion in 2021 during the forecast period 2021-2028.

 
The report also evaluates the patterns in the main market, beside the usual factors and market shares by different parts. The PCR/RT Market report also estimates the effect of different industry characteristics available in market sections and landscapes. The evaluation also recognizes the innovative other options and requesting conditions of the global market. It then examines aggressive enhance like new product launches, positioning, expansions, and the investment in the market.
PCR/RT Market, Technology (Conventional, qPCR, dPCR), Product (Instrument, Reagents, Software), Application (Genotyping, Sequencing, Gene expression, diagnostics), Enduser (Academia, pharma-biotech, applied) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
PCR/RT Market Overview
The global PCR/RT market size is projected to reach USD 11.5 billion by 2026 at a CAGR of 6.7% from USD 7.5 billion in 2021 during the forecast period 2021-2028.
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PCR or polymerase chain reaction is a widely used method for making multiple copies of a specific DNA sample. This is used in order to amplify the content of the desired segment of a DNA in a cell free medium. It was first invented in 1983 by Kary Mullis. The DNA polymerase enzyme used in the process is Taq polymerase as it is a thermostable polymerase.
With the surge in case of infectious disease and genetic disorders along with the recent development of PCR technologies and investments in the sector are some of the factors that have supported long-term expansion for PCR/RT Market.
The COVID-19 pandemic is causing widespread concern and economic hardship for consumers, businesses, and communities across the globe. But the market of PCR/RT technology witnessed a boom during the pandemic as PCR is a standers test for gene sequencing and became an ideal tool for the lab testing for COVID-19
PCR/RT Market Regional Analysis
Asia Pacific is expected to be the largest market during the forecast period. The advancement in the healthcare system along with the increased research and development in the sector have led to growth in the PCR technology in the region.
PCR/RT Market Competitive Landscape
Key Players
• Thermo Fisher Scientific, Inc
• F. Hoffman-La Roche Ltd
• Bio-Rad Laboratories, Inc
• QIAGEN N.V.
• Takara Bio, Inc.
• Agilent Technologies, Inc.
• bioMérieux S.A.
• Fluidigm Corporatio
• Danaher Corporation
• Abbott Laboratories
• Merck KGaA
• Becton Dickinson and Compan
• Promega Corporation
• Eppendorf AG
• Analytik Jena AG
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Recent Developments in the PCR/RT Market
• In 2020, FDA 510(k) clearance was given to Roche for the cobas BKV Test on the cobas 6800 and 8800 Systems
• In 2020, Roche’s cobas SARS-CoV-2 & Influenza A/B Test received emergency use authorization for use on the cobas 6800/8800 Systems from the FDA
Reasons to Acquire PCR/RT Market Report
• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
• Gain authentic and granular data access for PCR/RT market so as to understand the trends and the factors involved behind changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
Table of Contents
PCR/RT Market is segmented into Technique, Product, Application, End User and geography.

On the basis of Technique
Conventional PCR
Real-time PCR (qPCR)
Digital PCR (dPCR)
Reverse Transcription PCR (RT-PCR)
Hot-start PCR
Multiplex PCR
Other PCR
On the basis of End-User
Hospitals and diagnostic labs
Healthcare industry
Academia and government organizations
Pharma-biotech companies
Applied industries
Other end users
On the basis of Application
Gene expression analysis
Genetic sequencing
Genotyping
Nucleic acid detection
Nucleic acid synthesis
Standard validation/verification
Diagnostic Applications
Environmental Applications
Other Applications
On the basis of Product
Instruments
Reagents and consumables
Software and services
On the basis of Region
Asia Pacific
North America
Europe
South America
Middle East & Africa

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Issued By Delvens
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Last Updated December 11, 2023