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Impact Of Increasing Infectious Diseases On The PCR Technologies Market: Key Factor Driving The Growth In The Polymerase Chain Reaction (PCR) Technologies Market
Polymerase Chain Reaction (PCR) Technologies
What Is the Expected Polymerase Chain Reaction (PCR) Technologies Market Size During the Forecast Period?
The polymerase chain reaction (PCR) technologies market, which was valued at $14.58 billion in 2024, is projected to grow to $16.36 billion in 2025, reflecting a CAGR of 12.2%. The market's growth is attributed to an increase in genome-based drug development activities, the rising prevalence of genetic disorders, the use of portable miniaturized instruments, the growing use of biomarker profiling, and a growing demand for personalized medicine.
The polymerase chain reaction (PCR) technologies market is projected to grow quickly, reaching $25.76 billion in 2029 at a CAGR of 12.0%. The growth drivers include the increasing demand for rapid and accurate disease diagnosis, growing forensic applications, the rise of infectious disease outbreaks, and demand for companion diagnostics. Major trends include NGS integration, RNA detection, single-cell PCR analysis, and AI-driven data analytics.
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What Are the High-Growth Segments in the Polymerase Chain Reaction (PCR) Technologies Market?
The polymerase chain reaction (PCR) technologies market covered in this report is segmented -
1) By Product: Reagents And Consumables, Instruments, Software, Services
2) By Technology: Real-Time Polymerase Chain Reaction, Conventional Polymerase Chain Reaction, Reverse Transcription Polymerase Chain Reaction, Digital Polymerase Chain Reaction, Multiplex Real-Time (RT) Polymerase Chain Reaction, Hot Start Polymerase Chain Reaction, Other Technologies
3) By Application: Gene Expression Analysis, Genetic Sequencing, Genotyping, Nucleic Acid Synthesis, Standard Validation, Point Of Care Diagnostics, Environmental Application, Other Applications
4) By End Users: Hospitals And Diagnostic Centers, Research Laboratories And Academic Institutes, Pharmaceutical And Biotechnology Companies, Other End Users
Subsegments:
1) By Reagents And Consumables: Pcr Master Mixes, Primers And Probes, Dna Or Rna Extraction Kits, Pcr Enzymes, Buffers And Solutions, Pcr Plates, Tubes, And Strips, Nucleotides
2) By Instruments: Pcr Machines (Thermal Cyclers), Real-Time Pcr Systems (Qpcr Systems), Digital Pcr Systems, Automated Pcr Platforms, Gel Electrophoresis Systems, Pcr Workstations
3) By Software: Pcr Data Analysis Software, Real-Time Pcr Software, Digital Pcr Software, Sequence Analysis Software, Multiplex Pcr Software, Laboratory Information Management Systems (Lims) For Pcr
4) By Services: Pcr Testing Services, Custom Pcr Primer Design Services, Pcr Training And Consultation Services, Pcr Sample Analysis Services, Pcr-based Diagnostic Services, Technical Support And Maintenance Services For Pcr Equipment
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What Key Drivers Are Expected to Influence Future Polymerase Chain Reaction (PCR) Technologies Market Growth?
The increasing prevalence of infectious diseases is expected to drive the growth of the PCR technologies market. Infectious diseases, caused by pathogens like bacteria and viruses, are becoming more common due to factors such as globalization, antimicrobial resistance, and environmental changes. PCR technologies help by detecting and amplifying genetic material from pathogens, facilitating accurate and rapid diagnosis. The World Health Organization predicted in November 2023 that 10.6 million cases of tuberculosis would occur globally in 2022, emphasizing the growing demand for PCR technologies to combat infectious diseases and boost market growth.
Which Companies Hold the Largest Share Across Different Polymerase Chain Reaction (PCR) Technologies Market Segments?
Major companies operating in the polymerase chain reaction (PCR) technologies market are F. Hoffmann-La Roche Ltd., Bayer Corporation, Thermo Fisher Scientific Inc., Abbott Laboratories, Danaher Corporation, Siemens Healthineers AG, Becton, Dickinson and Company (BD), GE Healthcare Technologies LLC, Laboratory Corporation of America Holdings, Quest Diagnostics Incorporated, Eurofins Scientific SE, Agilent Technologies Inc., Illumina Inc., PerkinElmer Inc., bioMérieux SA, Beckman Coulter Inc., Sysmex Corporation, Bio-Rad Laboratories Inc., QIAGEN N.V., Natera Inc., BGI Genomics Co. Ltd., Cepheid, NeoGenomics Laboratories Inc., Ambry Genetics Corporation, Veritas Genetics Inc.
What Polymerase Chain Reaction (PCR) Technologies Market Trends Are Gaining Traction Across Different Segments?
Companies in the PCR technologies market are concentrating on next-generation solutions, like advanced quantitative PCR (qPCR) technologies, to improve precision, sensitivity, and efficiency in molecular diagnostics. qPCR technology allows for the real-time quantification and amplification of DNA sequences, making it essential for various scientific and medical applications. In November 2023, F. Hoffmann-La Roche AG, a Switzerland-based biotechnology company, unveiled the LightCycler PRO System, an advanced qPCR system designed to meet clinical demands and address public health challenges. This cutting-edge system aims to be the most advanced qPCR technology available for both clinical diagnostics and research, offering improved performance and ease of use while bridging the gap between research and diagnostic applications. It incorporates gold-standard technology to ensure accuracy, precision, and reliability in patient diagnoses and clinical decision-making.
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What Are the Emerging Geographies for The Polymerase Chain Reaction (PCR) Technologies Market Growth?
North America was the largest region in the PCR technologies market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the polymerase chain reaction (PCR) technologies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Polymerase Chain Reaction (PCR) Technologies Market?
2. What is the CAGR expected in the Polymerase Chain Reaction (PCR) Technologies Market?
3. What Are the Key Innovations Transforming the Polymerase Chain Reaction (PCR) Technologies Industry?
4. Which Region Is Leading the Polymerase Chain Reaction (PCR) Technologies Market?
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