Real time PCR (QPCR) Market Report, 2023 | Thermofischer Scientific Inc., Bio-Rad Laboratories Inc., Agilent Technologies, Inc., BIOTECON Diagnostics, Sigma-Aldrich Co. LLC., Takara Bio Inc., Danaher Corporation

Real-time polymerase chain reaction (QPCR) is a laboratory method for the quick and accurate detection of nucleic acid molecules like DNA and RNA. It is based on the polymerase chain reaction (PCR), and its detection and quantification of the produced products depend on the use of particular fluorescent dyes. This technique is frequently used to identify genetic material in samples, diagnose diseases, and quantify gene expression levels. By 2021, the market for real-time PCR (QPCR) market is anticipated to be worth USD 10,880.30 million, growing at a CAGR of 8.73%. (2022-2030).

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The rising incidence of infectious diseases, advancements in genetic testing, and the quickening pace of clinical research are some of the factors affecting the market's progress. The market is also expanding as a result of an increase in industry player collaborations, a rise in the demand for personalised medicine, and the requirement for affordable diagnostics.

Real-time PCR (qPCR) systems are anticipated to have the greatest market share among the different types of systems because of the rising demand for these tools in the diagnosis of infectious diseases and other sorts of research. The global real-time PCR (QPCR) market is expanding as a result of the growing use of PCR-based technologies in biomedical research and cancer investigations, among other factors. In addition, the availability of sophisticated tools and technological developments like multiplex PCR and digital PCR (dPCR) is anticipated to present profitable prospects in the near future.

Given the rising incidence of infectious diseases, improvements in diagnostic and monitoring procedures, and increasing demand for clinical trial services, the real-time PCR (QPCR) market is anticipated to be dominated by the clinical application segment. The global real-time PCR (QPCR) market is anticipated to develop due to rising government efforts and funding for genomics research activities as well as the rising demand for early disease diagnosis.

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Worldwide, North America is predicted to dominate the real-time PCR (QPCR) market due to the region's high adoption rate of technologically advanced goods and services as well as the presence of well-established healthcare infrastructure. The real-time PCR (QPCR) market in North America is also being driven by the rising number of patients suffering from infectious and chronic diseases, rising healthcare spending, favourable reimbursement regulations, and expanding private investor involvement.

Thermo Fisher Scientific, a market leader in real-time PCR (QPCR), established a strategic alliance with Illumina Inc. in January 2022. The goal of this alliance is to create and deliver cutting-edge technology solutions for real-time PCR (QPCR).

In March 2022, RainDance Technologies Inc., an American biotechnology business that specialises in creating solutions for targeted sequencing applications, was acquired by Roche Diagnostics, another industry leader in real-time PCR (QPCR).
Agilent Technologies Inc., a pioneer in the life sciences sector, said in May 2021 that it had acquired Genohm SA, a bioinformatics firm with headquarters in Switzerland and a focus on solutions for lab informatics. This spike in activity in the real-time PCR (QPCR) market demonstrates how the sector is still expanding and changing, with big corporations making significant investments in cutting-edge technological solutions and business alliances.

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