Press release
One Step RT-qPCR Kits Market Key Players Analysis - Takara Bio Inc., Bio-Rad Laboratories, Inc., Promega Corporation, Thermo Fisher Scientific Inc.
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the " One Step RT-qPCR Kits Market - (By Reaction (25 Rxn one step RT-qPCR kits, 50 Rxn one step RT-qPCR kits, 100 Rxn one step RT-qPCR kits, 200 Rxn one step RT-qPCR kits, 400 Rxn one step RT-qPCR kits, 500 Rxn one step RT-qPCR kits, 1000 Rxn one step RT-qPCR kits, and above 1000 Rxn one-step RT-qPCR kits), By Application (Virus Detection, Gene Expression Analysis, High-Sensitivity Detection & Quantification of RNA, Genetic Profiling, Mutation Detection, Multiplexing, Single Cell RT-PCR), By Detection (Probe-based Detection, Dye-based Detection), By End-User (Hospitals, Diagnostic Laboratories, Reference Laboratories, Academic and Research Institutes, and Other Facilities)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."According to the latest research by InsightAce Analytic, the One Step RT-qPCR Kits Market is valued at US$ 109.3 Mn in 2023, and it is expected to reach US$ 152.0 Mn by 2031, with a CAGR of 4.3% during the forecast period of 2024-2031.
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A one-step RT-qPCR kit is generally employed to simultaneously process many samples, each targeting one or more specific sequences. One-step RT-qPCR kits are used for a variety of processes, such as basic RNA quantification assays, viral detection and quantification, high-throughput gene expression screening, and others. The market for one-step RT-qPCR kits is being driven by factors such as the growing need for quick tests that yield results quickly, the expansion of research projects aimed at developing novel DNA and RNA-based medicines, and more. On the other hand, it is anticipated that the lack of accuracy and repeatability will impede the expansion of the worldwide one-step RT-qPCR kit market.
List of Prominent Players in the One-Step RT-qPCR Kits Market:
• Takara Bio Inc.
• Bio-Rad Laboratories, Inc.
• Promega Corporation
• Thermo Fisher Scientific Inc.
• QIAGEN
• TIANGEN Biotech(Beijing)Co., Ltd
• EnzyQuest
• Canvax
• New England Biolabs
• MP Biomedicals
• Avantor, Inc.
• Intact Genomics, Inc.
• Fortis Life Sciences
• Quantabio
• BIO-HELIX
• Abbexa
• Boca Scientific Inc.
• Solis BioDyne
• Applied Biological Materials Inc.
• Merck KGAA
• Zymo Research Corporation
• NZYtech
• GeneDireX, Inc.
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Market Dynamics:
Drivers-
The market for one-step RT-qPCR kits is being driven by the growing requirement for precise diagnostic solutions following the emergence of infectious illnesses like COVID-19. These kits are essential for diagnosing infections and tracking the course of disease because they allow for the quick detection and measurement of nucleic acids. Further driving innovation from manufacturers is the rising focus on point-of-care diagnostics, which call for extremely sensitive yet user-friendly instruments. Market growth is expected to be driven by the incorporation of new technologies such as automation, better reagents, and streamlined protocols. In addition, the increasing emphasis on customized healthcare and the surge in funding for biotechnology research from both the public and private sectors offer market participants profitable chances to broaden their product lines and customer bases.
Challenges:
Originally created to alter genes, CRISPR technology has been modified for diagnostic applications through platforms like DETECTR [DNA Endonuclease-Targeted CRISPR Trans Reporter] and SHERLOCK [Specific High-sensitivity Enzymatic Reporter unlocking]. Nucleic acid identification is made extremely quick and precise with these CRISPR-based assays. Furthermore, it has been demonstrated that novel assays, such as those utilizing CRISPR and created at the Broad Institute, can detect viral RNA with sensitivity comparable to RT-qPCR in a fraction of the time and without the need for pricey thermocycling equipment. As a result, the increasing utilization of alternative technologies has impeded the expansion of the one-step RT-qPCR kits market.
Regional Trends:
The North American one-step RT-qPCR kits market is anticipated to report a prominent market share in terms of revenue. The administration of this region is promoting innovation in molecular diagnostics. The FDA launched the Breakthrough Devices Program. The program's objective is to speed up the approval of groundbreaking products. When COVID-19 first emerged, new, FDA-approved rapid antigen tests were employed to identify the virus. The outbreak served to further accelerate the uptake of at-home testing kits. The individual can now self-diagnose from the comfort of their own home due to this development that has made proactive healthcare possible. Besides, Asia Pacific had a remarkable share of the market. Life expectancy increased when Asia Pacific started investing in the building of first-rate healthcare facilities. Consequently, there are now more senior persons in the world. This thus increased the requirement for prompt diagnostic solutions due to the higher prevalence of chronic infections in the elderly.
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Segmentation of One Step RT-qPCR Kits Market-
By Reaction-
• 25 Rxn one step RT-qPCR kits
• 50 Rxn one step RT-qPCR kits
• 100 Rxn one step RT-qPCR kits
• 200 Rxn one step RT-qPCR kits
• 400 Rxn one step RT-qPCR kits
• 500 Rxn one step RT-qPCR kits
• 1000 Rxn one step RT-qPCR kits
• Above 1000 Rxn one step RT-qPCR kits
By Application-
• Virus Detection
• Gene Expression Analysis
• High-Sensitivity Detection & Quantification of RNA
• Genetic Profiling
• Mutation Detection
• Multiplexing
• Single Cell RT-PCR
By Detection-
• Probe-based Detection
• Dye Based Detection
By End-User-
• Hospitals
• Diagnostic Laboratories
• Reference Laboratories
• Academic and Research Institutes
• Others Facilities
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of the Middle East and Africa
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About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
Contact us:
InsightAce Analytic Pvt. Ltd.
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info@insightaceanalytic.com
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