Press release
Polymerase Chain Reaction (PCR) Consumables Market Expected to Hit USD 754.4 Million by 2031, Growing at 4.3% CAGR on the Back of Rising Precision Medicine Demand - Transparency Market Research
Polymerase Chain Reaction (PCR) Consumables Market
Review significant findings and insights from our Report in this sample - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=43652
The growth of the PCR consumables market is being propelled by the increasing prevalence of chronic and infectious diseases and a surge in the demand for personalized and precision medicine. PCR consumables play a critical role in diagnostic testing, therapeutic monitoring, and research applications by enabling accurate amplification of nucleic acids. Additionally, rising incidences of target diseases and genetic disorders, coupled with rapid technological advancements in drug development, are creating lucrative opportunities for market players. Manufacturers are responding by expanding their product portfolios through new product launches, strategic collaborations, and partnerships to enhance global market reach.
Market Introduction
PCR consumables are essential components in the Polymerase Chain Reaction process, facilitating the amplification of specific DNA segments. These products include PCR tubes or microplates, caps/lids, PCR master mixes, primers, DNA polymerase, buffer solutions, mineral oil or sealing films, and cleanup kits. They are integral to ensuring precise and efficient nucleic acid amplification in molecular biology laboratories. Additionally, nucleic acid amplification consumables are employed in various techniques such as RT-PCR and LAMP, supporting a wide range of applications in diagnostics, research, and personalized medicine.
Rise in Prevalence of Chronic and Infectious Diseases Fostering Market Growth
PCR technology is highly sensitive and precise, making it indispensable for the diagnosis of infectious diseases such as COVID-19, HIV, hepatitis, and tuberculosis. With lifestyle-related factors such as sedentary behavior, poor diet, and obesity contributing to chronic diseases, the demand for PCR-based diagnostics has surged. Moreover, the emergence of point-of-care PCR platforms facilitates rapid, decentralized testing, which is critical for early detection and timely treatment. As reported by the World Health Organization, noncommunicable diseases (NCDs) account for approximately 41 million deaths annually-around 74% of all global deaths-with cardiovascular diseases, cancers, chronic respiratory diseases, and diabetes being the most prevalent.
Surge in Demand for Personalized and Precision Medicine Propelling Market Dynamics
The advent of personalized medicine has intensified the reliance on genetic testing to tailor treatments based on individual patient profiles. This trend is driving manufacturers to innovate specialized PCR reagents, low-retention PCR tubes, high-throughput PCR systems, and multiplex PCR assays that cater to specific diagnostic and research needs. PCR-based assays, including quantitative and digital PCR, enable precise detection of genetic mutations and biomarkers, thereby supporting advanced biomedical research and therapeutic strategies. These innovations are not only enhancing the accuracy of disease diagnosis but also playing a pivotal role in the development of targeted therapies and vaccines.
Regional Outlook
North America dominated the global PCR consumables market in 2022, driven by a high prevalence of genetic and chronic diseases, well-established healthcare infrastructure, and a strong demand for precision medicine. For instance, data from the American Cancer Society highlights that approximately 1.9 million new cancer cases were diagnosed in the U.S. in 2022, emphasizing the critical role of PCR-based diagnostics in managing and treating chronic conditions. The region's robust research and clinical infrastructure continues to fuel market growth.
Delve into our report to discover detailed insights - https://www.transparencymarketresearch.com/polymerase-chain-reaction-consumables-market.html
Analysis of Key Players
Leading market participants are actively expanding their presence through technological innovations and strategic partnerships. Key players include:
Bio-Rad Laboratories, Inc.
Hoffmann-La Roche Ltd.
Thermo Fisher Scientific Inc.
QIAGEN
Merck KGaA
Agilent Technologies, Inc.
Eppendorf SE
4titude Ltd.
Corning Incorporated
Greiner Bio-One International GmbH
These companies have been profiled based on parameters such as company overview, business segments, product portfolio, recent developments, and financial performance, highlighting their efforts to meet evolving global consumer demands.
Key Developments
January 2024: Agilent Technologies, Inc. announced a collaboration with Incyte to develop advanced companion diagnostics in hematology and oncology, supporting the expansion of Incyte's portfolio in these areas.
November 2022: Cepheid launched the Xpert Xpress MVP, a multiplexed PCR test capable of detecting DNA from organisms associated with bacterial vaginosis, vulvovaginal candidiasis, and trichomoniasis from a single sample, enhancing diagnostic accuracy and treatment strategies.
Buy this Premium Research Report to gain valuable industry intelligence -
https://www.transparencymarketresearch.com/checkout.php?rep_id=43652
About Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact:
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Email: sales@transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Polymerase Chain Reaction (PCR) Consumables Market Expected to Hit USD 754.4 Million by 2031, Growing at 4.3% CAGR on the Back of Rising Precision Medicine Demand - Transparency Market Research here
News-ID: 3981844 • Views: …
More Releases from Transparency Market Research
Global Solar Powered Agricultural Dryer Market to Exceed USD 2.4 Billion by 2031 …
The global solar powered agricultural dryer market, valued at US$ 1.6 billion in 2022, is projected to grow at a CAGR of 5.8% from 2023 to 2031, reaching US$ 2.4 billion by the end of 2031. Rising investments in renewable energy, growing awareness of sustainable agricultural practices, and the rapid expansion of the agricultural sector driven by population growth are key factors fueling market growth.
Uncover essential discoveries and trends from…
Technetium-99m Market Forecast 2034: Rising Demand for Diagnostic Imaging and Ra …
The global Technetium‐99m Market was valued at US$ 6.0 Billion in 2023 and is projected to grow at a CAGR of 3.3% from 2024 to 2034, surpassing US$ 8.6 Billion by the end of the forecast period. Advancements in nuclear imaging infrastructure, government-backed healthcare initiatives, and an increasing demand for precise diagnostic procedures are fueling this growth.
Discover essential conclusions and data from our Report in this sample -
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=77100
Analysts' Viewpoint
The Technetium‐99m…
Equine Diagnostic Services Market Outlook 2030: From US$ 168 Million in 2019 to …
The global Equine Diagnostic Services Market, valued at approximately US$ 168 million in 2019, is projected to expand at a compound annual growth rate (CAGR) of ~5% from 2020 to 2030, reaching around US$ 280 million by 2030. Equine diagnostic services, encompassing tests like genetic, infectious disease, and imaging diagnostics, are critical for managing horse health in veterinary hospitals, clinics, and mobile settings. The market is driven by increasing equine…
Digital Printing Market to Reach USD 54.4 Billion by 2034, Growing at a CAGR of …
The digital printing market is experiencing strong growth, driven by rapid technological advancements, rising demand for personalized and on-demand printing, and an increasing focus on sustainable solutions. Digital printing allows for the direct transfer of digital files onto a wide range of substrates, offering high-resolution output with greater speed and flexibility. Its adaptability has led to broad adoption across industries such as packaging, textiles, publishing, and advertising-sectors where customization, efficiency,…
More Releases for PCR
Role Of Real-Time Rt-Pcr In Accelerating Covid-19 Diagnosis And Driving Pcr And …
The PCR And Realtime PCR Testing Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Current PCR And Realtime PCR Testing Market Size and Its Estimated Growth Rate?
The PCR and real-time PCR testing market has grown strongly, rising from $10.55 billion in 2024…
Global Real Time Pcr Qpcr And Digital Pcr Dpcr Market Size by Application, Type, …
USA, New Jersey- According to Market Research Intellect, the global Real Time Pcr Qpcr And Digital Pcr Dpcr market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The Real-Time PCR (qPCR) and Digital PCR (dPCR) market is experiencing substantial growth, driven by increasing demand for precise…
Role Of Real-Time Rt-Pcr In Accelerating Covid-19 Diagnosis And Driving Pcr And …
How Will the PCR And Realtime PCR Testing Market Grow, and What Is the Projected Market Size?
There has been a significant growth in the market size of PCR and realtime PCR testing in the last few years. Its size is expected to increase from $10.55 billion in 2024 to $11.21 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 6.3%. The growth observed in the historic period is…
Role Of Real-Time Rt-Pcr In Accelerating Covid-19 Diagnosis And Driving Pcr And …
How Will the PCR And Realtime PCR Testing Market Grow, and What Is the Projected Market Size?
There has been a significant growth in the market size of PCR and realtime PCR testing in the last few years. Its size is expected to increase from $10.55 billion in 2024 to $11.21 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 6.3%. The growth observed in the historic period is…
Q-PCR and D-PCR Devices Market: Revolutionizing Molecular Diagnostics
The Q-PCR and D-PCR devices market has experienced significant growth in recent years, driven by advancements in molecular biology and the increasing demand for accurate and sensitive diagnostic tools. These technologies have revolutionized the field of molecular diagnostics, enabling researchers and clinicians to detect and quantify specific DNA or RNA sequences with high precision.
Market Size and Growth
The global Q-PCR and D-PCR devices market is estimated to be worth billions of…
Real-Time PCR, Digital PCR And End-Point PCR Global Market Analysis, Trends, Gro …
The new report published by The Business Research Company, titled "Real-Time PCR, Digital PCR And End-Point PCR Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.
As per the report, the real-time pcr, digital pcr and end-point pcr market size has grown strongly…
