PCR And Realtime PCR Testing Market Size, Insights, Outlook, Overview AndMarket Research Report 2024-2033

"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

PCR And Realtime PCR Testing Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $27.78 billion In 2028 At A CAGR Of 6.0% :

The pcr and realtime pcr testing market size has grown strongly in recent years. It will grow from $20.86 billion in 2023 to $22.03 billion in 2024 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to disease diagnosis, research and genomic studies, automation and high throughput, pharmaceutical and biotechnology applications, point-of-care testing.

The pcr and realtime pcr testing market size is expected to see strong growth in the next few years. It will grow to $27.78 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to pandemic response, precision medicine, cancer diagnostics, infectious disease surveillance. Major trends in the forecast period include infectious disease testing, point-of-care testing, digital pcr, multiplex assays.

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PCR And Realtime PCR Testing Market Major Segments
The pcr and realtime pcr testing market covered in this report is segmented -

1) By Product: Consumables And Reagents, Instruments, Software And Services
2) By Technology: Quantitative PCR, Digital PCR
3) By Application: Clinical Diagnostics, Life Science Research, Industrial Applications, Other Applications
4) By End-Use: Academic And Research Institutes, Pharmaceutical And Biotechnology, Clinical Diagnostics Labs And Hospitals, Other End Users

Key Driver - Role Of Real-Time Rt-Pcr In Accelerating Covid-19 Diagnosis And Driving Pcr And Realtime Pcr Testing Market

Early detection plays a key role in treating COVID-19 patients. The real-time RT-PCR technique is a susceptible and specific testing method that can deliver a reliable diagnosis in as fast as three hours, unlike the other laboratory tests that take an average of 6 to 8 hours. Real-time RT-PCR is significantly faster and has a lower potential for contamination or errors as the entire process is within a closed tube. Therefore, currently, it is considered to be the most accurate method available for the detection of coronavirus. This has created a huge demand for the growth of PCR testing market kits.

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Prominent Trend - New Test Kits And Systems Drive Growth In The Pcr And Real-Time Pcr Testing Market

The companies in the PCR and real-time PCR Testing market are coming up with new test kits and systems for the diagnosis of diseases. In January 2022, BioGenex Life Sciences Pvt Ltd created an RT-PCR kit for diagnosing COVID-19. This kit is capable of identifying COVID-19 resulting from various SARS CoV-2 strains, including the ""OmicronON"" without the need for RNA extraction and does so twice as fast as conventional PCR tests. Most companies are coming up with Real-time RT-PCR tests for the coronavirus, contributing to the growth of the PCR and Realtime PCR Testing market.

PCR And Realtime PCR Testing Market Players
Major companies operating in the pcr and realtime pcr testing market include Abbott Laboratories, Agilent Technologies Inc., bioMérieux SA, Bio-Rad Laboratories Inc., F. Hoffmann-La Roche Ltd., QIAGEN N.V., GenMark Diagnostics Inc., Thermo Fisher Scientific Inc., General Electric Company, Danaher Corporation, Becton Dickinson and Company, Luminex Corporation, Meridian Bioscience Inc., Fluidigm Corporation, RainDance Technologies Inc., BioFire Diagnostics LLC, Cepheid Inc., Illumina Inc., Oxford Nanopore Technologies Ltd., Pacific Biosciences of California Inc., Promega Corporation, Takara Bio Inc., Twist Bioscience Corporation, Zymo Research Corporation, BioChain Institute Inc., BioLegend Inc., Bioo Scientific Corporation, Creative Diagnostics, Eurofins Scientific SE, Myriad Genetics Inc.

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Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the PCR and real-time PCR testing market in 2023. Western Europe was the second-largest region in the PCR and real-time PCR testing market. The regions covered in the pcr and realtime pcr testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The Table Of Content For The Market Report Include:
1. Executive Summary
2. PCR And Realtime PCR Testing Market Report Structure
3. PCR And Realtime PCR Testing Market Trends And Strategies
4. PCR And Realtime PCR Testing Market - Macro Economic Scenario
5. PCR And Realtime PCR Testing Market Size And Growth
…..
27. PCR And Realtime PCR Testing Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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