Real-time PCR (qPCR) and Digital PCR (dPCR) Market expected to expand at a CAGR of 8.5% during the forecast period

 Real-time PCR & Digital PCR Industry Overview

The global Real-time PCR (qPCR) and Digital PCR (dPCR) market size were valued at USD 2.25 billion in 2018. It is expected to expand at a CAGR of 8.5% during the forecast period. High prevalence of target diseases and rapid technological advancements such as the development of high performance and superior qPCR and dPCR systems are expected to be the key factors driving the growth.

According to the World Health Organization (WHO), cancer was among the leading causes of death responsible for 9.6 million deaths globally in 2018. The WHO estimates that 36.9 million individuals were infected with HIV in 2017. It also reported that infectious diseases were among the top causes of deaths worldwide in 2016. The rising cases of these diseases are anticipated to drive the market in near future.

Gather more insights about the market drivers, restrains and growth of the Global Real-time PCR (qPCR) and Digital PCR (dPCR) Market

Moreover continued efforts by PCR manufacturers to develop novel systems and kits to use in molecular testing are likely to further propel the growth of the qPCR and dPCR market. For instance, in January 2019, QIAGEN N.V. announced its plans for the development of next-generation dPCR systems, anticipated to be launched in 2020. The new systems are expected to offer highly automated workflows and quicker turnaround time as compared to current digital PCR platforms which are likely to provide a significant competitive advantage to the company.

Besides, a broad range of applications of qPCR and dPCR technologies is expected to further boost the adoption in an array of scientific disciplines. The technologies have wide-ranging applications in both basic and diagnostic research. They have been extensively used in areas, such as human genetic testing, forensic sciences, pathogen detection, and infectious disease testing. Expanding applications in food microbiology and veterinary medicine among other industries is expected to further fuel the market.

Browse through Grand View Research's Medical Devices Industry Research Reports.

  • Coronary Heart Disease Diagnostic Imaging Devices Market: The global coronary heart disease diagnostic imaging devices market size was valued at USD 1.42 billion in 2021 and is anticipated to expand at a compound annual growth rate (CAGR) of 6.9% in the forecast period.
  • Hearing Aids Market: The global hearing aids market size was valued at USD 10.1 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.9% from 2022 to 2030.

Real-time PCR (qPCR) and Digital PCR (dPCR) Market Segmentation

Grand View Research has segmented the global Real-time PCR (qPCR) and Digital PCR (dPCR) market report based on technology, product, application, and region:

  • qPCR and dPCR Technology Outlook (Revenue, USD Million, 2014 - 2026)
    • Quantitative
    • Digital
  • qPCR and dPCR Product Outlook (Revenue, USD Million, 2014 - 2026)
    • Consumables & Reagents
    • Instruments
    • Software & Services
  • qPCR and dPCR Application Outlook (Revenue, USD Million, 2014 - 2026)
    • Clinical
      • Pathogen Testing
      • Blood Screening
      • Oncology Testing
      • Others
    • Research
    • Forensic and others
  • qPCR and dPCR Regional Outlook (Revenue, USD Million, 2014 - 2026)
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa (MEA)

Market Share Insights

  • January 2019: QIAGEN N.V. announced the acquisition of FORMULATRIX’s digital PCR assets in a deal valued at USD 260 million. 

Key Companies profiled:

Some of the prominent players that dominate the market for qPCR and dPCR are

  • Bio-Rad Laboratories;
  • Thermo Fisher Scientific Inc.
  • Qiagen N.V.
  • Abbott Laboratories, Inc.
  • Agilent Technologies, Inc.
  • bioMerieux S.A.
  • Fluidigm Corporation.
  • Hoffman La Roche.

Order a free sample PDF of the Real-time PCR (qPCR) and Digital PCR (dPCR) Market Intelligence Study, published by Grand View Research.

 

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

 

 

 

Comments

Post a Comment

Popular posts from this blog

Global Potash Market: Trends, Growth & Forecast 2023-2032

T he global  potash market  size is expected to reach USD 93.50 billion by 2032, growing at a CAGR of 4.9% from 2023 to 2032, according to a new study by Grand View Research, Inc. This is attributed to the increasing demand for food and efficient usage of agricultural land. As consumers seek healthier options, there has been a surge in demand for high-value crops like fruits, vegetables, and specialty crops, boosting the demand for potash. Furthermore, the adoption of precision agriculture techniques has become increasingly prevalent in recent years. Precision agriculture involves using advanced technologies and data-driven approaches, such as soil testing and targeted nutrient management, to make informed decisions about fertilizer application.   Farmers are embracing precise and site-specific methods for applying fertilizers, based on field variability and crop requirements. This trend makes way for optimized resource utilization, improved crop performance, and enhanced...
Read more

Smart Ticketing Market Report: Emerging Technologies & Market Opportunities

  The global smart ticketing market size is expected to reach USD 31.65 billion by 2030, growing at a CAGR of 15.5% from 2023 to 2030, according to a new report by Grand View Research, Inc. With the widespread adoption of smartphones, mobile ticketing channels have gained traction, allowing users to purchase, store, and validate tickets directly on their mobile devices, eliminating the need for physical cards or paper tickets. The convenience and ease of use offered by mobile ticketing have contributed to the growth of the market. Smart ticketing systems generate vast amounts of data on passenger journeys, travel patterns, and ticket usage.   Operators leverage this data to gain valuable insights, optimize operations, and improve the overall passenger experience. Data analytics techniques, such as predictive modeling and real-time monitoring, are being applied to enhance efficiency, manage capacity, and offer personalized services, which bode well for smart ticketing...
Read more

Boosting Crop Yields: India Foliar Fertilizer Market Trends & Forecasts

  The  India foliar fertilizer market  size is expected to reach USD 4.9 billion by 2030, expanding at a CAGR of 11.3% during the forecast period, as per a new report by Grand View Research, Inc. The industry growth is majorly driven by surged demand for food due to increasing population coupled with supportive government initiatives and decreasing arable land in the country.   There has been a significant increase in the global prices of fertilizers and foliar fertilizers. As such, farmers falling into small- and marginal-income categories cannot afford to buy fertilizers resulting in reduced agricultural yields. This has led the Government of India to take initiatives to provide fertilizer subsidies to farmers in the country to make them affordable at subsidized prices. For instance, the Government of India announced a subsidy scheme related to fertilizers worth USD 27 billion in 2022 to ensure that fertilizers are affordable for every farmer in the country. Thus, ...
Read more