What is the global market size of Digital PCR (dPCR) and Real-time PCR (qPCR) Market?

Digital PCR (dPCR) and Real-time PCR (qPCR) Market size was valued at USD 5341.6 billion in 2021 and is poised to grow from USD 5806.48 billion in 2022 to USD 12018.88 billion by 2030, growing at a CAGR of 8.8% in the forecast period (2023-2030).

Digital PCR (dPCR) and Real-time PCR (qPCR) Market Size, Share, Growth Analysis, By Product(Reagents and consumables, instruments, and software), By Technology(Digital PCR (dPCR), and quantitative PCR (qPCR)), By Application(Research applications, clinical applications, and forensic applications), By End-user(Hospitals & diagnostic centers, research laboratories & academic institutes, clinical research organizations, and others), By Region - Industry Forecast 2024-2031

Q: Who are the key vendors in the Global Digital PCR (dPCR) and Real-time PCR (qPCR) Market?

Global digital PCR (dPCR) and real-time PCR (qPCR) market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D. 'Thermo Fisher Scientific Inc.', 'Bio-Rad Laboratories, Inc.', 'QIAGEN N.V.', 'F. Hoffmann-La Roche Ltd.', 'Agilent Technologies, Inc.', 'Fluidigm Corporation', 'Merck KGaA', 'Takara Bio Inc.', 'Illumina, Inc.', 'Promega Corporation', 'Abbott Laboratories', 'Danaher Corporation', 'Becton, Dickinson and Company', 'GE Healthcare Life Sciences', 'Eppendorf AG', 'Analytik Jena AG', 'Enzo Biochem, Inc.', 'Luminex Corporation', 'BioFire Diagnostics, Inc.', 'Oxford Nanopore Technologies Ltd.'

Report ID: SQMIG35J2038 | Region: Global | Published Date: July, 2024
Pages: 242 | Tables: 117 | Figures: 77

Digital PCR (dPCR) and Real-time PCR (qPCR) Market Dynamics

Digital PCR (dPCR) and Real-time PCR (qPCR) Market Drivers

Widespread of Various Infections to Boost demand for Digital PCR and Real-Time PCR

Several factors are responsible for the growth of the global digital PCR (dPCR) and real-time PCR (qPCR) market including growing prevalence of infectious diseases, increasing genetic disorders, and the successful execution of Human Genome project during the forecast period.

Digital PCR (dPCR) and Real-time PCR (qPCR) Market Restraints

Technical Issues can Hinder Market Growth during Forecast Period

Technical shortcomings of dPCR and qPCR techniques including the signal measurement during the exponential phase of the PCR reaction, and the requirement of the optimization and validation of assay procedures may lack in target detection because of the reaction constraint, failures in examining target molecules. These will likely hinder the market growth.

Digital PCR (dPCR) and Real-time PCR (qPCR) Market Report Snapshots

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Digital PCR (dPCR) and Real-time PCR (qPCR) Market size was valued at USD 5341.6 billion in 2019 and is poised to grow from USD 5806.48 billion in 2023 to USD 12018.88 billion by 2031, growing at a CAGR of 8.8% in the forecast period (2024-2031).

digital PCR (dPCR) and real-time PCR (qPCR) market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D. 'Thermo Fisher Scientific Inc.', 'Bio-Rad Laboratories, Inc.', 'QIAGEN N.V.', 'F. Hoffmann-La Roche Ltd.', 'Agilent Technologies, Inc.', 'Fluidigm Corporation', 'Merck KGaA', 'Takara Bio Inc.', 'Illumina, Inc.', 'Promega Corporation', 'Abbott Laboratories', 'Danaher Corporation', 'Becton, Dickinson and Company', 'GE Healthcare Life Sciences', 'Eppendorf AG', 'Analytik Jena AG', 'Enzo Biochem, Inc.', 'Luminex Corporation', 'BioFire Diagnostics, Inc.', 'Oxford Nanopore Technologies Ltd.'

Several factors are responsible for the growth of the digital PCR (dPCR) and real-time PCR (qPCR) market including growing prevalence of infectious diseases, increasing genetic disorders, and the successful execution of Human Genome project during the forecast period.

Increasing number of patients caused due to viral infections/diseases increased concerns in the healthcare sector. As a result, digital PCR techniques are on the trend for discovering the drug or biomarker for the viral diseases. Moreover, due to the improvement in digital PCR techniques, it helps to detect the rare cancer biomarkers. Thus, researchers can use digital droplet PCR (ddPCR) along with molecular biology techniques to find out the new cancer biomarkers.

North America is holding the largest market share with a revenue of more than 35.0% in 2021, and is still expected to retain the same during the forecast period, owing to the presence of supportive government regulations and various initiatives about the development of healthcare infrastructure, growing prevalence of infectious and genetic diseases in the region, and an availability of the key manufacturers in the region are all expected to drive the regional market over the forecast period. The United States and Canada are the prominent countries boosting the market growth.

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Digital PCR (dPCR) and Real-time PCR (qPCR) Market Dynamics

Digital PCR (dPCR) and Real-time PCR (qPCR) Market Report Snapshots

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What is the market size of Digital PCR (dPCR) and Real-time PCR (qPCR) Market?

Who are the key vendors in the Digital PCR (dPCR) and Real-time PCR (qPCR) Market?

What is the key driver of Digital PCR (dPCR) and Real-time PCR (qPCR) Market?

What is the key market trend for Digital PCR (dPCR) and Real-time PCR (qPCR) Market?

Which region accounted for the largest share in Digital PCR (dPCR) and Real-time PCR (qPCR) Market?

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