PCR Technology Market

PCR Technologies Market was valued at USD 7,230 Billion in 2020 and anticipated to grow at a 6.3% CAGR during the forecast year.

PCR Technologies Market Overview

Polymerase chain reaction (PCR) is a medical device used in genetics, genetic engineering, and molecular biology research. These are used to amplify a single or copy of a piece of DNA (deoxyribonucleic acid). It helps in generating thousands to millions of copies of DNA sequencing. These are used in various fields such as biotechnology, drug discovery, and clinical diagnostics. These are used for DNA sequencing and DNA cloning procedures in microbiology and molecular biology.

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Major PCR Technologies Market Drivers

The demand for genomic analysis techniques has risen steadily during the last decade on the back of their increasing use (microbial identification and detection of genetic mutations) in the diagnosis of major contagious diseases such as HIV, tuberculosis, malaria, hepatitis, and Staph-related diseases and genetic disorders such as cancer and fragile X syndrome, resulting into the growth of PCR technologies market. Moreover, a rise in the prevalence of target diseases globally, coupled with the proven efficacy of PCR analysis in the diagnosis and evaluation of disease-causing microbes, will boost the use of clinical diagnostic tests and drive market growth. Furthermore, amid the novel coronavirus outbreak, the global PCR technologies market experienced positive growth in terms of COVID-19 testing due to the positioning of PCR as the gold standard for genomic sequencing/identification. This resulted in significant industry focus towards the early commercialization of PCR-based COVID-19 diagnostic tools; hence, around 100 major PCR-based COVID-19 screening products were commercialized worldwide till September 2020.

Restraint in the PCR Technology Market

However, these instruments are small and boast reduced cycle times. The manufacturing of these instruments requires huge capital investments and extensive scientific validation on a nanoscale level. Furthermore, dPCR is a relatively new technology; as a result, most manufacturers often price their state-of-the-art dPCR instruments at a premium (~USD 120,000) compared to qPCR instruments (~USD 50,000).

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Technique – Segment Analysis

Based on the Technique, Conventional PCR segment is expected to grow at a higher CAGR in the PCR technologies market share during the forecast period. This is due to ongoing technological developments, growing adoption of dPCR products among key end-users (compared with qPCR and other PCR products) across mature markets, continued expansion in the distribution networks of major product manufacturers, and growing private funding for developing and commercializing innovative dPCR instruments. Furthermore, it has many potential applications, including the detection and quantification of low-level pathogens, rare genetic sequences, copy number variations (CNVs), and relative gene expression in single cells are also key factors responsible for the growth of PCR technologies market size.

Product type – Segment Analysis

Based on the Product type, Instruments segment is projected to dominate the market during the forecast period. Furthermore, the Reagents and consumables segment in the Instruments segment is expected to grow at a higher CAGR during the forecast period. This can be attributed to factors like expanding applications of dPCR, the increasing number of dPCR-based analytical procedures among institutional researchers like CROs and pharma-biotech companies, and the rising availability of novel dPCR reagents worldwide. Furthermore, the expansion of the application base of the dPCR technology in genetic/molecular research, clinical diagnosis, and forensics is expected to evolve in the commercialization of novel dPCR reagents.

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Regional – Segment Analysis:

Based on the region, North America region is projected to dominate the market during the forecast period, owing to the high incidence of chronic and genetic diseases, growing geriatric population, growing adoption of PCR methods in research & academia, and significant public-private funding in the domain of genome analysis. Moreover, the strong presence of major pharmaceutical and biotechnology companies in the US and ongoing initiatives by the Canadian government to help life science, genomic, and clinical research are other factors influencing the demand for PCR products in this region.

Top Market Players

Various notable players operating in the market include Thermo Fisher Scientific India Pvt. Ltd., F. Hoffmann-La Roche Ltd, Bio-Rad Laboratories, Inc., QIAGEN, Takara Bio Inc., Agilent Technologies, Inc., bioMérieux SA, Danaher., Abbott., Merck KGaA, among others. 

Key Developments:

• • In 2021, QIAGEN launched ‘artus’ Prep&Amp as CE-Marked SARS-CoV-2 Test, offering up to a threefold increase in daily lab testing capacity. This innovative technology integrates sample preparation and detection in a single kit, enabling a throughput of more than 670 tests per PCR cycler in an eight-hour shift.

Segments covered in the Report:

The global PCR Technology market has been segmented on the basis of Technique, Product Type, Application, End-user and regions. Based on Technique, the market is segmented into Conventional PCR. The Conventional PCR segment is further categorized into Real-time PCR (qPCR), Digital PCR (dPCR), Reverse Transcription PCR (RT-PCR), Hot-start PCR, Multiplex PCR and Other PCR. Based on Product type, the market is segmented into Instruments. The Instruments market is further segmented into reagents and consumables, and Software and services. Based on Application, the market is segmented into Gene expression analysis. The Gene expression analysis is further categorized into Genetic Sequencing, Genotyping, Nucleic acid detection, Nucleic acid synthesis, Standard validation/verification, Diagnostic Applications, Environmental Applications, and Other Applications. Based on end-user, the market is segmented into Hospitals and diagnostic labs, Healthcare industry, Academia and government organizations, Pharma-biotech companies, Applied industries and Other end users. 

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Market Segmentation

Global PCR Technology Market by Technique

• • Conventional PCR
    • Real-time PCR (qPCR)
    • Digital PCR (dPCR)
    • Reverse Transcription PCR (RT-PCR)
    • Hot-start PCR
    • Multiplex PCR
    • Other PCR

Global PCR Technology Market by Product type

• • Instruments
    • Reagents and consumables
    • Software and services

Global PCR Technology Market by Application

• • Gene expression analysis
    • Genetic Sequencing
    • Genotyping
    • Nucleic acid detection
    • Nucleic acid synthesis
    • Standard validation/verification
    • Diagnostic Applications
    • Environmental Applications
    • Other Applications

Global PCR Technology Market by End-user

• • Hospitals and diagnostic labs
  • Healthcare industry
  • Academia and government organizations
  • Pharma-biotech companies
  • Applied industries
  • Other end users

Global PCR Technology Market by Region

• • North America PCR Technology Market (Option 1: As a part of the free 25% customization)

    • North America PCR Technology Market by Technique
    • North America PCR Technology Market by Product type
    • North America PCR Technology Market by Application
    • North America PCR Technology Market by End-user
    • US PCR Technology Market All-Up
    • Canada PCR Technology Market All-Up

  • Europe PCR Technology Market (Option 2: As a part of the free 25% customization)

    • Europe PCR Technology Market by Technique
    • Europe PCR Technology Market by Product type
    • Europe PCR Technology Market by Application
    • Europe PCR Technology Market by End-user
    • UK PCR Technology Market All-Up
    • Germany PCR Technology Market All-Up
    • France PCR Technology Market All-Up
    • Spain PCR Technology Market All-Up
    • Rest of Europe PCR Technology Market All-Up

  • Asia-Pacific PCR Technology Market (Option 3: As a part of the free 25% customization)

    • Asia-Pacific PCR Technology Market by Technique
    • Asia-Pacific PCR Technology Market by Product type
    • Asia-Pacific PCR Technology Market by Application
    • Asia-Pacific PCR Technology Market by End-user
    • China PCR Technology Market All-Up
    • India PCR Technology Market All-Up
    • Japan PCR Technology Market All-Up
    • Rest of APAC PCR Technology Market All-Up

  • RoW PCR Technology Market (Option 4: As a part of the free 25% customization)

    • RoW PCR Technology Market by Technique
    • RoW PCR Technology Market by Product type
    • RoW PCR Technology Market by Application
    • RoW PCR Technology Market by End-user
    • Brazil PCR Technology Market All-Up
    • South Africa PCR Technology Market All-Up
    • Saudi Arabia PCR Technology Market All-Up
    • UAE PCR Technology Market All-Up
    • Rest of world (remaining countries of the LAMEA region) PCR Technology Market All-Up

Major Players Operating in the PCR Technology (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Thermo Fisher Scientific India Pvt. Ltd.
  • Hoffmann-La Roche Ltd
  • Bio-Rad Laboratories, Inc.
  • QIAGEN
  • Takara Bio Inc.
  • Agilent Technologies, Inc.
  • bioMérieux SA
  • Danaher
  • Abbott
  • Merck KGaA