qPCR & dPCR Market Is Projected To Grow Rapidly Due To High Demand For Rapid Diagnostics Tests Till 2025: Grand View Research, Inc.
The global real time PCR (qPCR) and digital PCR (dPCR) market is
expected to reach USD 6.3 billion by 2025, according to a new report by Grand
View Research, Inc. Implementation of Minimum Information for Publication of
Quantitative Real-Time PCR Experiments (MIQE) and Real-time PCR Data Markup
Language (RDML) guidelines that ensure high-quality results is estimated to
provide the market with high growth opportunities
In addition, increasing number of
research & forensic laboratories and CROs is a key factor responsible for
market growth. Laboratories and CROs use qPCR and dPCR techniques for
gene-based, protein-based, and various other research applications owing to its
high accuracy and sensitivity.
Increasing preference of PCR
techniques in prenatal genetic testing and its associated advantages in
prenatal genetic testing such as lack of need for reference standards, low
cycle times, and reproducible results are some of the drivers expected to
propel growth.
Furthermore, major players are in
the process of acquiring companies manufacturing diagnostic devices for the
development of technologically advanced qPCR and dPCR products. For instance,
Bio-Rad laboratories acquired RainDance Technologies to strengthen their
position in the area of digital PCR.
U.S. qPCR and dPCR market size, by technology, 2014 -
2025 (USD Million)
Browse full research report on qPCR & dPCR Market: http://www.grandviewresearch.com/press-release/global-real-time-pcr-qpcr-digital-pcr-dpcr-market
Further key findings from
the report suggest:
- The global
qPCR and dPCR market size was estimated at USD 3.0 billion in 2016 and is
expected to grow with CAGR of 8.7% from 2017 to 2025
- The
quantitative segment emerged as the largest segment in 2016 due to its
accuracy and high demand.
- Digital
segment by technology is anticipated to witness lucrative growth owing to
technological advancements such as automated processes with enhanced
precision.
- The
consumables and reagents segment was the largest as well as the fastest
segment due to their ability to create a standardized workflow and development
of novel qPCR and dPCR reagents.
- Research
applications dominated the application segment owing to its wide
applications in various areas of research such as agriculture, stem cells,
and microbiology.
- North America
dominated the market in terms of revenue share in 2016 owing to rising
public and private funding and increase in grants for R&D activities
in genomics.
- The Asia
Pacific region is anticipated to witness lucrative growth over the next
decade due to increasing investments in the field of genomics and rising
awareness amongst people about the benefits of gene-based diagnosis and
treatment. It is expected to grow with CAGR of 10.8% over the forecast
period.
- Some of the
key players including Thermo Fisher Scientific Inc.; Bio-Rad Laboratories;
QIAGEN; Abbott; and Cepheid dominated the global qPCR and dPCR market in
2016.
Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-real-time-pcr-qpcr-digital-pcr-dpcr-market
About Grand View Research,
Inc:
Grand View Research, Inc. is a U.S. based market research and consulting
company, registered in the State of California and headquartered in San
Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, the company offers market intelligence studies ensuring
relevant and fact-based research across a range of industries including
technology, chemicals, materials, healthcare and energy.
For more information: http://www.grandviewresearch.com
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