The PCR Kit Market size was valued at USD 2,350.5 million in 2019 and is expected to grow with a CAGR of 8.0% during the forecast period. 

PCR Kit Market 2021

Polymerase chain reaction (PCR) has become one of the important platforms in the healthcare sector. In terms of innovation and demand, the PCR kit market is experiencing significant growth. One of the major factors driving the market is the expiry of key PCR patents, which enables emerging companies to enter the arena. Such new and emerging companies are actively engaged in the development of innovative technologies and expansion of the market into various end-use segments.

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The Major Manufacturers Covered in this Report:
Qiagen N.V, Bio-Rad Laboratories, Inc., Thermo Fisher Scientific, Inc., Hoffman-La Roche Ltd., Abbott Laboratories, Enzo Life Sciences, Inc., Merck KGaA, Biomérieux S.A., Danaher Corporation, Quanterix Corporation, Becton Dickinson and Company, Agilent Technologies, Inc and more...

Years that have been considered for the study of this report are as follows:

History Year: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year: 2021 to 2029

Market Segmentation:

By Technology

Quantitative PCR
Digital PCR

By Product

Consumables and reagents
Instruments
Software

By Application

Genetic testing
Infectious disease testing
Oncology
Blood screening
Diagnostic research
Forensics

By End-User

Hospitals and diagnostic centers
Pharmaceutical and Biotech companies
Academic research laboratories
Clinical research laboratories
Forensic laboratories

Regional Segmentation:

North America (The US, Canada, and Mexico)
Europe (Germany, France, the UK, and Rest of the World)
Asia Pacific (China, Japan, India, and Rest of Asia Pacific)
Latin America (Brazil and Rest of Latin America.)
Middle East & Africa (Saudi Arabia, the UAE, South Africa, and Rest of Middle East & Africa)

Impact of COVID-19

Most of the market players in the PCR kits market are actively involved in responding to the current coronavirus outbreak. Thermo Fischer Scientific, Roche diagnostics, and Bio-Rad laboratories are working with government agencies and researchers to ensure priority access to instruments, consumables supplies, and other products to address the outbreak, particularly in the analysis of the virus, diagnosis and personal protection.  Recently, the Ortho Clinical Diagnostics laboratories launched an immunodiagnostic PCR kit to detect antibodies (including IgG and IgM) in response to SARS-CoV-2 that can be used to detect immune response to the coronavirus.

The analysis objectives of the report are:

To equitably share in-depth info regarding the crucial elements impacting the increase of industry (growth capacity, chances, drivers and industry specific challenge and risks).
To know the PCR Kit Market by pinpointing its many sub segments.
To profile the important players and analyze their growth plans.
To endeavor the amount and value of the PCR Kit Market sub-markets, depending on key regions (various vital states).
To analyze the Global PCR Kit Market concerning growth trends, prospects and also their participation in the entire sector.
To examine and study the Global PCR Kit Market size (volume and value) form the company, essential regions/countries, products and applications, background information and also predictions.
Primary worldwide Global PCR Kit Market manufacturing companies, to specify, clarify and analyze the product sales amount, value and market share, market rivalry landscape, SWOT analysis and development plans for the next coming years.
To examine competitive progress such as expansions, arrangements, new product launches and acquisitions on the market.

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This release was published on openPR.