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Polymerase Chain Reaction Market Showcases Promising Growth Due to the Ongoing Demand and Improved Supply Chain Ecosystem

Global Polymerase Chain Reaction Market

The Global Polymerase Chain Reaction Market, by Product Type (Consumables and Instrument (Digital PCR and Real Time PCR) Reagents)), by End User (Forensic Laboratories, Clinical Diagnostics, and Academic & Research Laboratories), had a market valuation of US$ 3.7 billion in 2017 and is estimated to grow at a CAGR of 8.8 percent during the forecast period (2017 – 2025).

The polymerase chain reaction (PCR) is a laboratory technique for amplifying a single or a few copies of a DNA segment to produce thousands or millions of copies of a specific DNA sequence. The key drivers driving growth of the global polymerase chain reaction market during the forecast period are the higher incidence and occurrence of infectious and chronic diseases, as well as the growing need to develop advanced polymerase chain reaction systems to deliver rapid and inexpensive quantitative detection of target samples. Digital PCR (dPCR) is a novel method for detecting and quantifying nucleic acids.

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Nucleic acid measurement is ultrasensitive and absolute with digital PCR. Rare allele discovery and absolute measurement of gene expression and virus load are two applications of dPCR. Furthermore, advancements in dPCR have led to the development of droplet digital PCR (ddPCR). Using water-oil emulsion droplet technology, ddPCR is a way of doing digital PCR. The sample is divided into 20,000 droplets with ddPCR technology, and PCR amplification of the polymer chains happens in each single droplet, followed by accurate and absolute target measurement by counting the positive droplets. The chemicals and processes utilized in ddPCR technique are comparable to those used in most conventional probe-based experiments.

Browse 28 Market Data Tables and 34 Figures spread through 150 Pages and in-depth TOC on “Polymerase Chain Reaction Market, by Product Type (Consumables and Instrument (Digital PCR and Real Time PCR) Reagents)), by End User (Forensic Laboratories, Clinical Diagnostics, and Academic & Research Laboratories) – Global Forecast to 2025″

Ongoing research and development, as well as technological improvements in the polymerase chain reaction system, have allowed better and more inexpensive instruments, reagents, and consumables to be introduced into the area of clinical diagnostics. Silaris Influenza A&B Test was developed by Sekisui Diagnostics in March 2018 as an inexpensive polymerase chain reaction (PCR) testing technology intended particularly for point-of-care testing (POC). Bio-Rad Laboratories released the droplet digital PCR (ddPCR) Supermix for Residual DNA Quantification in September 2015. The new supermix was created to work with Bio-Droplet Rad’s Digital PCR Systems and provides for a very accurate and sensitive DNA measuring approach. The Applied Biosystems QuantStudio Dx Real-Time PCR Instrument was released in Europe by Life Technologies Corporation in November 2012. The novel PCR equipment is intended for pathogen identification, gene expression analysis, SNP genotyping, variant identification, micro-RNA and other non-coding RNA assessment in clinical diagnostic laboratories.

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Key Takeaways

The global polymerase chain reaction market is expected to grow at a CAGR of 8.8 percent from 2017 to 2025, due to increase in chronic and communicable disease occurrence and growing demand for continuous polymerase chain reaction technology advancement from highly lucrative markets such as Asia Pacific, Latin America, the Middle East, and Africa.

Since PCR tools are required to run the sample and replicate the target DNA sequence, reagents and consumables have a large market share in the product type sector.

Academic and research laboratories have the highest market share among end users, owing to the growing demand for polymerase chain reaction (PCR) systems in sophisticated laboratory testing and research.

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Polymerase Chain Reaction Market – Competitive Landscape

Key players functioning in the global prosthetic liners market consists of F. Hoffmann-La Roche Ltd, Bio-Rad Laboratories, Inc., Thermo Fisher Scientific Inc., Agilent Technologies, Inc., bioMérieux, S.A., Enzo Life Science, Inc., Abbott Laboratories, Takara Bio Inc., Becton, Dickinson and Company and Danaher Corporation.

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Last Updated: 13-Sep-2021