About Diagnostics PCR
Diagnostics PCR (polymerase chain reaction) is a technology which is used to strengthen particular DNA in a test tube. After the reaction, amplified DNA are analyzed using thermal cycler instrument. PCR technology is gaining traction owing to growing number of regular pathogens detection. Growing technical advancement in PCR technology has led to emergence of digital PCR devices, which further bolstered the market.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Analyst at AMA Research estimates that American Players will contribute the maximum growth to Global Diagnostics PCR market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Abbott Laboratories (United States), Agilent Technologies Inc. (United States), Alere Inc. (United States), Asuragen, Inc.(United States), Biocartis Group Nv (Belgium), Biomerieux Sa (France), Bio-Rad Laboratories, Inc. (United States), Genmark Diagnostics, Inc. (United States), Hologic, Inc. (United States), Luminex Corporation (United States) and Meridian Bioscience, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Qiagen N.V. (Germany), Quantumdx Group (United Kingdom), Roche Holding AG (Switzerland), Spartan Bioscience (Canada) and T2 Biosystems (United States).
Segmentation Overview
AMA Research has segmented the market of Global Diagnostics PCR market by Type (Digital PCR, Multiple PCR, Other PCR and Others), Application (Infection Disease Diagnosis, Cancer, Cardiovascular Disease (CVD), Genetic Testing, Drug Metabolism, HLA Type Test and Other Clinical Application) and Region.
On the basis of geography, the market of Diagnostics PCR has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Continuous Technical Advancement in PCR Technologies and Digitization of PCR Devices
Market Growth Drivers:
Growing Human Genome Project Research Activities and Increasing prevalence of Bio-marker Profiling in Disease Diagnostic
Challenges:
Implementation of Miqe Guidelines in Quantitative Real-Time PCR Experiments (MIQE) Guidelines
Restraints:
High Cost Associated with Diagnostics PCR Processes and Technical Limitations of PCR Processes in Certain Applications
Opportunities:
Development of Portable, Lab-On-Chip PCR Devices and Technology Integration with PCR Processes
Market Leaders and their expansionary development strategies
In August 2022, Bio-Rad Laboratories had acquired Curiosity Diagnostics from Scope Fluidics. The acquisition is expected to extend our reach beyond high-complexity labs into near-patient molecular diagnostics labs.
In February 2023, Thermo Fisher Scientific has launched Applied Biosystems TaqPath PCR kits infectious diseases such as multi-drug-resistant tuberculosis (MTB MDR), M. tuberculosis complex (MTB).
Key Target Audience
Diagnostics PCR Companies, End-user Industries, Market and Research Firms, Government Agencies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.