Global Real-time PCR (Polymerase Chain Reaction) Systems Market Opportunity Assessment to Reveal Lucrative Growth Prospects for Players

The rising number of infectious diseases caused due to the food contamination is creating the huge demand for real-time PCR systems. The widespread of spoilage is caused due to the contamination and the intake of such foods results in foodborne illness and therefore, the adoption of real-time PCR systems is increasing rapidly. Moreover, increasing number of people facing foodborne illness is creating the demand for real-time PCR systems in order to determine the presence of human pathogens and microorganisms. Furthermore, the growing demand for packaged foods is also one of the major factors which drives the growth of real-time PCR systems market. In addition, increasing food safety standards and rising focus on food security is compelling food & beverages manufactures towards the adoption of real-time PCR systems.

Real-time PCR systems are the laboratory equipments which are used to amplify the copies of specific DNA segment. The rising prevalence of chronic and infectious diseases is propelling the growth of real-time PCR systems market. Furthermore, the advancements in various sectors such as forensics, diagnostics, and proteomics research is creating the potential growth opportunities for real-time PCR Systems market.
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Real-time PCR Systems Market: Drivers and Challenges

Drivers

The rapid growth in the analytical instruments market is the primary factor driving the growth of the real-time PCR systems market. Also, the increasing adulteration of food products and growing need for accurate diagnosis are creating potential growth opportunities for real-time PCR systems market. Furthermore, the research & development spending of government coupled with the increasing number of food safety & diagnostics standards is also fuelling the growth of real-time PCR systems market.

Apart from this, the surge in demand for real-time PCR systems for sample preparations and for accurate data analysis and interpretation at the time of high sample volumes and shorter timelines is also driving the growth of real-time PCR systems. In addition, the continuous demand for advanced real-time PCR systems for various research areas such as pathogen detection, genetic diseases, oncology, and pharmacogenomics is also propelling the growth of real-time PCR systems market.

Challenges

The high cost of real-time PCR systems is the primary factor which hampers the growth of real-time PCR systems market. Moreover, the reluctance of small and medium size organizations towards the adoption of real-time PCR systems due to limited budget is the major challenge for the growth of real-time PCR systems market.

Real-time PCR Systems Market: Segmentation

Segmentation of Real-time PCR Systems Market on the Basis of Product Type:

Instruments
Consumables and Reagents

Segmentation of Real-time PCR Systems Market on the Basis of Application:

Blood and Oncology Testing
Pathogen testing
Research & Development
Forensic Science

Segmentation of Real-time PCR Systems Market on the Basis of End User:

Clinical Research Organizations
Research Laboratories
Educational Institutes
Diagnostic Centres
Hospitals
Others

Real-time PCR Systems Market: Competition Landscape

Key Players

Prominent players in the global real-time PCR systems market are Thermo Fisher Scientific, Agilent Technologies, Abbot Laboratories, Danaher Corporation, Bio-Rad Laboratories Inc., QIAGEN, GE Healthcare, Abbott, Hoffmann-La Roche AG, and Fluidigm Corporation.

Real-time PCR Systems Market: Regional Overview

On the basis of geography, North America is expected to capture the large market share in terms of revenue in the real-time PCR systems market, due to the growing adoption of advanced real-time PCR systems for food safety and analysis and presence of various key real-time PCR systems manufacturer in the region. Europe and Asia Pacific are also anticipated to capture substantial market shares in the global real-time PCR systems market, owing to the presence of various testing laboratories, pharmaceutical, and research facilities in various countries of these regions. Moreover, the growth in food, chemical, and pharmaceutical sectors of countries in Asia Pacific is also creating the huge demand for real-time PCR systems. Furthermore, the real-time PCR systems markets in MEA and Latin America are expected witness moderate growth owing to the growing investments in the research and development sector of various countries in these regionS.

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This release was published on openPR.