Digital PCR (dPCR) and qPCR Market worth 4.94 Billion USD by 2021


Posted April 7, 2016 by mmmwaterman

Digital PCR (dPCR) and qPCR Market by Technology (Quantitative, Digital), Product (Instrument, Reagent, Software), Application (Clinical, Research, Forensic), End User (Hospital, Diagnostic Center, Academia, Pharma-Biotech Co) - 2021

 
The global qPCR and dPCR market is expected to reach USD 4.94 Billion by 2021 from USD 3.28 Billion in 2016, growing at a CAGR of 8.5% from 2016 to 2021.

Download PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=174151204

On the basis of technology, the qPCR and dPCR market is categorized into digital PCR (dPCR) and quantitative PCR (qPCR). The qPCR technology segment is expected to account for the larger share of the global qPCR and dPCR market in 2016; whereas, the dPCR segment is expected to grow faster as compared to qPCR during the forecast period. Factors such as ongoing technological developments in dPCR, continued expansion in distribution networks of emerging dPCR product manufacturers in global markets (the U.S., Europe, Asia-Pacific, and the Middle East), and growing private funding to develop and commercialize innovative dPCR instruments are contributing to the growth of this market segment.

On the basis of application, the qPCR and dPCR market is categorized into clinical applications, research applications, and forensic applications. The clinical applications segment is expected to grow at the highest CAGR in the dPCR market owing to the technological benefits offered by dPCR over qPCR and traditional PCR, growing adoption of dPCR among hospitals and diagnostic centers, increasing global burden for cancer and AIDS, and expansion in distribution networks of emerging dPCR product manufacturers.

Factors such as rising incidences of infectious diseases and genetic disorders (coupled with growing geriatric population that is at greater risk of target diseases as compared to adults); technological advancements; increasing public–private investments, funds, and grants; successful completion of the Human Genome Project; and growth in the number of hospitals and diagnostic centers are driving the qPCR and dPCR market.

North America is expected to account for the largest share of the global qPCR and dPCR market in 2016, followed by Europe. The strong position of North America in the qPCR and dPCR market can be attributed to factors such as increase in public and private funding and growing number of research grants to support gene-based research (such as qPCR and dPCR). However, Asia-Pacific (comprising China, India, Japan, and the Rest of Asia-Pacific) is projected to be the fastest-growing region in the qPCR and dPCR market owing to increasing focus of global life sciences market players on this region, burgeoning efforts to increase awareness related to gene-based disease diagnosis and treatment, growing public and private support to develop novel qPCR and dPCR technologies, growth in the Indian genomics market, and growing cancer research in Japan. Due to the significant growth opportunities offered by emerging countries, a number of players operating in the market are focusing on expanding their product distribution networks across emerging countries.

Thermo Fisher Scientific Inc. (U.S.), Bio-Rad Laboratories Inc. (U.S.), F. Hoffmann-La Roche Ltd. (Switzerland), QIAGEN N.V. (The Netherlands), Agilent Technologies, Inc. (U.S.), BioMerieux S.A. (France), Fluidigm Corporation (U.S.), Takara Bio Inc. (Japan), Affymetrix Inc. (U.S.), and RainDance Technologies, Inc. (U.S.) were some of the key players in the global qPCR and dPCR market in 2015.

About MarketsandMarkets

MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: [email protected]
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By MarketsandMarkets
Country India
Categories Health
Tags digital pcr and qpcr market , digital pcr market , qpcr market
Last Updated April 7, 2016