Digital Polymerase Chain Reaction (PCR) Market to Observe Prominent CAGR Growth of 9.0% by 2030

PRESS RELEASE
Published July 26, 2023

The data, information, statistics, facts and figures covered in the large scale Global Digital Polymerase Chain Reaction (PCR) Market business report lends a hand to Healthcare industry in maximizing or minimizing the production of goods depending on the conditions of demand. The market research report contains lot of features to offer for Healthcare industry which includes general market conditions, trends, inclinations, key players, opportunities, and geographical analysis. The widespread Global Digital Polymerase Chain Reaction (PCR) Market report provides comprehensive explanation of market definition, market segmentation, competitive analysis and key developments in the HEALTHCARE industry. All this data aids Healthcare industry to take better steps to get their strategies better to trade goods and services.

Data Bridge Market Research analyses that the digital polymerase chain reaction (PCR) market which was USD 0.75 billion in 2022, is expected to reach USD 1.49 billion by 2030, at a CAGR of 9.0% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

The top notch Global Digital Polymerase Chain Reaction (PCR) Market report studies and evaluates market drivers, market restraints, challenges, opportunities and key developments in the market. SWOT analysis has been used throughout the report which helps emphasize on the global key manufacturers, market definition, description and analysis of the market competition landscape. It makes effortless for Healthcare industry to visualize what is already available in the market, what market anticipates, the competitive environment, and what should be done to surpass the competitor. This results into actionable ideas, better decision-making and better business strategies.

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A significant decline in industry growth is expected to reduce demand for diagnostic tests for COVID-19 infection during the forecast period. However, some key factors, such as the increasing use of polymerase chain reaction (PCR) in research and forensic laboratories and the growing demand for advanced diagnostics. Furthermore, the introduction of new technologies and an increase in the number of contract research organisations are expected to drive PCR test demand forward during the forecast period.

Drivers

  • Rising frequency of infectious diseases

The polymerase chain reaction (PCR) has been used and shown to be effective in detecting minute amounts of a wide range of infectious agents. The best conditions for amplification vary depending on the organisms of interest. PCR was used as a rapid and sensitive method for detecting infectious agents, and three assay systems were developed, one for amplifying human T cell leukaemia virus type I, one for Mycobacterium tuberculosis, and one for Mycoplasma pneumoniae. These all factors will propel the market.

Furthermore, the ageing population and the rising frequency of infectious diseases significantly impact the growth of the real-time polymerase chain reaction technology market.

  • Rising research and development activities

The increased use of the polymerase chain reaction for cancer diagnosis is expected to drive market growth. All of these factors are responsible for creating a greater demand for this technique, research and development activities for providing innovative molecular biology and forensic science as there has high demand for genetic engineering as well as personalized medicines the market is expected to grow well during the forecast period.

Opportunities

  • Rising demand for polymerase chain reaction

The majority of the market opportunities are due to increasing demand for personalized medicines. Technology that can gather information at the molecular level to detect a disease will be extremely useful. Polymerized chain reaction techniques are widely used in all screening methods. The introduction of the polymerase chain reaction boosted the biotechnology industry. Polymerase chain reaction is a vital component of both the life sciences and the pharmaceutical industry. As the devices are used on a large scale for drug discovery, the demand for polymerase chain reaction technology is expected to increase significantly in the coming years.

Recent Developments

  • In March 2022, Stilla signed an agreement with 12 distributors across EMEA. Stilla’s entire product portfolio, including the six-color naica system, is covered by this agreement.
  • In April 2022, Stilla and Promega Corporation signed a co-marketing agreement to offer a complete digital PCR workflow solution to their end users, including liquid biopsy, sentinel pathogen testing, infectious disease assay, overall cancer research, and drug discovery.
  • In October 2021, Dropworks, Inc., a development stage company focused on developing a digital PCR product, was acquired by Bio-Rad Laboratories, Inc. The company’s life sciences product offerings would be expanded and supplemented as part of the strategy.

Some of the major players operating in the digital polymerase chain reaction (PCR) market are:

  • Thermo Fisher Scientific Inc. (U.S.)
  • Bio-Rad Laboratories Inc. (U.S.)
  • Agilent Technologies, Inc. (U.S.)
  • bioMérieux (France)
  • Merck KGaA (Germany)
  • Standard BioTools (U.S.)
  • Takara Bio Inc. (Japan)
  • Beckman Coulter, Inc. (U.S.)
  • BD (U.S.)
  • Cepheid. (U.S.)
  • Eppendorf SE (Germany)
  • General electric (U.S.)
  • Roche Sequencing (U.S.)
  • PerkinElmer Inc. (U.S.)
  • Promega Corporation (U.S.)
  • Siemens (Germany)
  • Danaher (U.S.)
  • QIAGEN (Germany)

To Gain More Insights into the Market Analysis, Browse the Summary of the Research Report@  https://www.databridgemarketresearch.com/reports/global-digital-pcr-market?Shri

Digital Polymerase Chain Reaction (PCR) Market Scope

Technology

  • Droplet Digital PCR (ddPCR)
  • Beaming Digital PCR

 Product Type

  • Digital PCR Equipment
  • Consumables and Reagents
  • Software and Services

Application

 End User

  • Hospitals and Diagnostic Centers
  • Research Laboratories and Academic Institutes
  • Forensic Laboratories
  • Pharmaceutical and Biotechnology Companies

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on the product portfolios of the top players in the this research report
  • Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and product launches in the market
  • Competitive Assessment: In-depth assessment of the market strategies, and geographic and business segments of the leading players in the market
  • Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies

Top Key Topics Covered:

  1. Strategic Imperatives
  • Factors Creating Pressure on Growth
  • The Strategic Imperative
  • Growth Opportunities Fuel the Growth Pipeline Engine
  • Research Methodology
  1. Scope and Segmentation
  • Research Context and Scope of Analysis
  • Segmentation
  • Other Techniques for This Research Report Management
  1. Growth Opportunity Analysis
  • Growth Drivers
  • Growth Restraints
  1. Introduction
  • The Impact of the COVID-19 Pandemic and Post
  • Future Growth
  1. Innovation Ecosystem

Continued…

Browse Detailed Summary of Research Report with TOC:  https://www.databridgemarketresearch.com/toc/?dbmr=global-digital-pcr-market&Shri

Some of the Most Important Questions Scrutinized in the Business Intelligence Report:

  • What are the key growth parameters for this global market during the forecast period?
  • Which key players are expected to hold the largest market share over the forecast period?
  • Who are the leading vendors and manufacturers in this market?
  • What are the key strategies adopted by leading players in the market for business development and geographical expansion?
  • Which end-use industries can trigger high demand in the market over the forecast period?
  • What are the key segments in this market?
  • Which regional player will have anticipated leading the global market in terms of size?
  • What is the impact of the novel coronavirus pandemic?
  • Which obstacles must new players overcome in order to occupy a major position?

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