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Impact Of Personalized Medicine On The Polymerase Chain Reaction Market Driver: A Major Catalyst in the Evolution of the Polymerase Chain Reaction (PCR) Market in 2025
Polymerase Chain Reaction (PCR) Market Share
The growing interest in personalized medicine is anticipated to boost the growth of the polymerase chain reaction (PCR) market. Personalized medicine tailors treatments to individual patients based on their genetic profiles, enhancing the effectiveness of healthcare decisions. The rise in demand for personalized medicine is supported by advances in data analytics and genetic testing. For instance, 12 new personalized medicines were approved in 2022, making up about 34% of all new therapies. Thus, the increasing demand for personalized medicine is driving the PCR market.
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What growth opportunities are expected to drive the polymerase chain reaction (pcr) market's CAGR through 2034?
The polymerase chain reaction (PCR) market has grown rapidly in recent years. It is expected to grow from $11.42 billion in 2024 to $12.67 billion in 2025, with a CAGR of 11.0%. This growth is attributed to an increase in research facilities, a growing patient population with chronic and infectious diseases, and the rising prevalence of genetic disorders.
The polymerase chain reaction (PCR) market is anticipated to expand to $18.97 billion by 2029, growing at a CAGR of 10.6%. This growth is driven by heightened concerns over food safety, the increasing need for high-quality food products, rising demand for molecular diagnostics, personalized medicine, and a focus on digital PCR (dPCR). Trends include real-time PCR, DNA sequencing technologies, advances in diagnostic testing, next-generation sequencing (NGS), microfluidics, lab-on-a-chip systems, and the development of advanced molecular diagnostic solutions.
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What are the emerging trends shaping the future of the polymerase chain reaction (pcr) market?
Companies in the polymerase chain reaction (PCR) market are advancing real-time PCR test kits to improve genetic analysis accuracy and efficiency. These kits enable the amplification and quantification of specific DNA sequences in real-time. In November 2022, Cepheid, a US-based molecular diagnostics company, launched the Xpert Xpress Multiplex Vaginal Panel (MVP), a PCR test that detects DNA from organisms causing three different vaginal infections. The test enhances traditional PCR methods with real-time monitoring, increased sensitivity, and specificity, improving clinical diagnostics.
Which growth-oriented segments of the polymerase chain reaction (pcr) market are leading the industry's development?
The polymerase chain reaction (PCR) market covered in this report is segmented -
1) By Type: Conventional Polymerase Chain Reaction, Other Types
2) By Indication: Infectious Diseases, Oncology, Genetic Disorders, Other Indications
3) By Application: Medical, Non-Medical
4) By End User: Hospitals And Clinics, Pharmaceutical And Biotechnology Industries, Diagnostic Centers, Academic And Research Organization
Subsegments:
1) By Conventional Polymerase Chain Reaction: Endpoint Pcr, Gel Electrophoresis-Based Pcr, Reverse Transcription Pcr (Rt-Pcr), Quantitative Pcr (Qpcr) For Gene Expression, Nested Pcr
2) By Other Types: Real-Time Pcr (Qpcr) (Quantitative Pcr), Digital Pcr (Dpcr), Multiplex Pcr, Reverse Transcription-Quantitative Pcr (Rt-Qpcr), Isothermal Amplification (Lamp), Next-Generation Pcr (Ngs-Based Pcr Techniques), High-Throughput Pcr
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What regions are leading the charge in the polymerase chain reaction (pcr) market?
North America was the largest region in the polymerase chain reaction (PCR) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the polymerase chain reaction (PCR) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What companies are at the forefront of innovation in the polymerase chain reaction (pcr) market?
Major companies operating in the polymerase chain reaction (PCR) market are F. Hoffmann-La Roche Ltd., Thermo Fisher Scientific Inc., Abbott Laboratories, Danaher Corporation, Siemens Healthineers GmbH, Becton, Dickinson and Company, GE HealthCare Technologies Inc., Laboratory Corporation of America Holdings (LabCorp), Quest Diagnostics Incorporated, Eurofins Scientific, Agilent Technologies Inc., Illumina Inc., PerkinElmer Inc., bioMérieux SA, Beckman Coulter Inc., Sysmex Corporation, Bio-Rad Laboratories Inc., Qiagen N.V., Natera Inc., Myriad Genetics Inc., BGI Genomics Co. Ltd., Cepheid, NeoGenomics Laboratories Inc., 23andMe Holding Co., Ambry Genetics Corporation, Biocartis SA, Centogene N.V., Veritas Genetics
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What Is Covered In The Polymerase Chain Reaction (PCR) Global Market Report?
•Market Size Forecast: Examine the polymerase chain reaction (pcr) market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the polymerase chain reaction (pcr) market for a structured understanding.
•Key Players Overview: Analyze major players in the polymerase chain reaction (pcr) market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the polymerase chain reaction (pcr) market.
•Segment Contributions: Evaluate how different segments drive overall growth in the polymerase chain reaction (pcr) market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the polymerase chain reaction (pcr) market.
•Industry Challenges: Identify potential risks and obstacles affecting the polymerase chain reaction (pcr) market.
•Competitive Landscape: Review strategic developments in the polymerase chain reaction (pcr) market, including expansions, agreements, and new product launches.
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