Real-Time Polymerase Chain Reaction Technology Market would speed up to USD 61.46 billion by 2029

The polymerase chain reaction is used by a diverse group of scientists across a wide range of scientific disciplines. PCR is used in research laboratories in microbiology and molecular biology, for instance, in DNA cloning procedures, Southern blotting, DNA sequencing, and recombinant DNA technology. In clinical microbiology laboratories, PCR is invaluable for microbial infection diagnosis and epidemiological studies. In food science, PCR has grown in importance as a valuable alternative to traditional detection methods in the agricultural and food industries. PCR is also used in forensic laboratories and is particularly useful because only a small amount of original DNA is required, such as a droplet of blood or a single hair.

Data Bridge Market Research analyses that the real-time polymerase chain reaction technology market which was USD 32 billion in 2021, would speed up to USD 61.46 billion by 2029, and is expected to undergo a CAGR of 8.50% during the forecast period 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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Market Definition

The method that creates multiple copies of a particular DNA region in vitro uses the polymerase chain reaction. The technique relies on a DNA polymerase known as TAQ polymerase, which is thermostable. Thermus aquaticus is used to produce this polymerase. They occupy hot springs and hydrothermal vents. The target region to be reproduced is produced in large numbers by the PCR reaction, which involves repeat cycles at a range of temperatures.

Global Real-Time Polymerase Chain Reaction Technology Market Dynamics
Drivers

Rising frequency of infectious diseases
The polymerase chain reaction (PCR) has been used and shown to be effective in detecting minute amounts of a wide range of infectious agents. The best conditions for amplification vary depending on the organisms of interest. PCR was used as a rapid and sensitive method for detecting infectious agents, and three assay systems were developed, one for the amplification of human T cell leukaemia virus type I, one for Mycobacterium tuberculosis, and one for Mycoplasma pneumoniae. These all factors will propel the market.

Furthermore, the ageing population and the rising frequency of infectious diseases have a significant impact on the growth of the real-time polymerase chain reaction technology market.

Rising research and development activities
The increased use of the polymerase chain reaction for cancer diagnosis is expected to drive market growth in the coming years. All of these factors are responsible for creating a greater demand for this technique in the coming years, research and development activities for providing innovative molecular biology and forensic science as there has been a great demand for genetic engineering as well as personalised medicines the market is expected to grow well during the forecast period.

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Some of the major players operating in the real-time polymerase chain reaction technology market are:

Thermo Fisher Scientific Inc. (U.S.)
Bio-Rad Laboratories Inc. (U.S.)
Agilent Technologies, Inc. (U.S.)
bioMérieux (France)
Merck KGaA (Germany)
Standard BioTools (U.S.)
Takara Bio Inc. (Japan)
Beckman Coulter, Inc. (U.S.)
BD (U.S.)
Cepheid. (U.S.)
Eppendorf SE (Germany)
GENERAL ELECTRIC (U.S.)
Roche Sequencing (U.S.)
PerkinElmer Inc. (U.S.)
Promega Corporation (U.S.)
Siemens (Germany)

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