USD 24.17 billion
Polymerase Chain Reaction (PCR) Market Size, Share, Growth Analysis, By Type(Standard PCR, Real-time PCR, Digital PCR, Others), By Product(Instruments, Reagents & Consumables, Software & Services), By Application(Medical, Non-Medical), By By Indication(Infectious Diseases, Oncology, Genetic Disorders, Others), By Region - Industry Forecast 2025-2032
Report ID:
SQMIG35H2241 |
Region:
Global |
Published Date: June, 2024
Pages:
219
|Tables:
120
|Figures:
82
Polymerase Chain Reaction (PCR) Market Insights
Polymerase Chain Reaction (PCR) Market size was valued at USD 24.75 Billion in 2023 and is poised to grow from USD 25.34 Billion in 2024 to USD 30.64 Billion by 2032, growing at a CAGR of 2.4% during the forecast period (2025-2032).
The worldwide polymerase chain reaction (PCR) marketplace has skilled superb growth in current years and continues to be a pivotal era in molecular biology and diagnostics. PCR is a versatile approach used to expand and examine DNA and RNA samples, making it fundamental in various programs, such as research, clinical diagnostics, forensic analysis, and biotechnology. Key factors driving the boom of the PCR market include the increasing occurrence of infectious diseases, the call for personalized medicinal drugs, improvements in genomics research, and the want for rapid and correct diagnostic equipment, mainly within the wake of the COVID-19 pandemic. The market is characterized by the presence of several outstanding players supplying an extensive range of PCR units, consumables, and offerings. Traditional PCR techniques are evolving closer to greater efficient and automatic structures, together with actual-time PCR and virtual PCR, which offer quicker results and more desirable sensitivity. Additionally, the development of portable PCR devices has improved the market's attainment into point-of-care settings.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Real-time PCR
Fastest Growth
Digital PCR
Growth Rate
2.4% CAGR
Polymerase Chain Reaction (PCR) Market ($ Bn)
Country Share North America for Region (%)
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Polymerase Chain Reaction (PCR) Market Segmental Analysis
The polymerase chain reaction (PCR) market is segmented based on type, product, indication, end user, and region. By type, the market is segmented into standard PCR, real-time PCR, digital PCR, and others. By product, the market is segmented into instruments, reagents & consumables, and software & services. By indication, the market is segmented into infectious diseases, oncology, genetic disorders, and others. By application, the market is segmented into medical and non-medical. Medical applications are further sub-segmented into clinical (pathology testing, oncology testing, blood screening, and others), research, forensics, and others. Non-medical applications are further sub-segmented into food, and others. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Analysis By Type
In the global polymerase chain response (PCR) market, Real-time PCR, additionally called quantitative PCR (qPCR), is a dominant segment inside the PCR marketplace due to its significant packages in diverse fields, which includes molecular diagnostics, genomics, microbiology, and research. It offered benefits like high sensitivity, specificity, and the capability to provide quantitative statistics in real time. Real-time PCR changed into significantly used for gene expression evaluation, pathogen detection, and DNA quantification. Its capability to monitor the amplification process constantly and offer statistics in actual-time made it a desired choice for many laboratories.
On the other hand, digital PCR (dPCR) is one of the fastest-developing segments within the PCR marketplace. While it may not have been as dominant as real-time PCR in terms of marketplace share, it exhibited huge boom capability due to its unique advantages. Digital PCR allowed for absolute quantification of DNA or RNA without the need for a standard curve, making it particularly precious in applications in which precise quantification was essential, which include in rare allele detection, reproduction quantity version analysis, and liquid biopsy trying out for cancer diagnostics. Its capability to partition a pattern into lots of individual reactions for greater correct quantification made it an increasing number of popular.
Analysis By Product
In the global PCR market, reagents and consumables are frequently the dominant segment. This category consists of numerous PCR-associated consumables which includes primers, probes, nucleotides, enzymes, buffers, and plastic consumables like PCR tubes and plates. These products are important for carrying out PCR experiments and are regularly bought by means of research laboratories, diagnostic centers, and biotechnology organizations. The constant need for these consumables to perform PCR experiments and diagnostics makes this phase dominant within the market.
On the other hand, the instruments section of the PCR market has been one of the quickest-growing segments. PCR gadgets consist of thermal cyclers and real-time PCR machines. Advances in development, elevated automation, and the call for higher throughput and faster PCR outcomes have driven an increase in this phase. Additionally, the COVID-19 pandemic has in addition expanded the demand for PCR units, mainly those capable of excessive-throughput trying out for diagnosing viral infections. As diagnostic and studies needs evolve, this section keeps looking for innovation and increase.
Polymerase Chain Reaction (PCR) Market By Type
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Polymerase Chain Reaction (PCR) Market Regional Insights
The global polymerase chain reaction (PCR) market is analyzed based on its regional presence, which includes North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. North America has traditionally been a dominant region in the global PCR market. The United States, in particular, has a well-established healthcare infrastructure, a strong presence of leading PCR technology companies, and significant research and development activities in the field of molecular biology. The demand for PCR products and services in North America is driven by clinical diagnostics, research, and biotechnology applications.
As for the fastest growing segment, Asia-Pacific (APAC) has been one of the fastest-growing regions in the global PCR market. Countries such as China and India have witnessed substantial growth in their biotechnology and pharmaceutical sectors, leading to increased adoption of PCR technologies for research and diagnostics. Additionally, the growing awareness of molecular diagnostics and the increasing prevalence of diseases in the region have contributed to the expansion of the PCR market in APAC.
Polymerase Chain Reaction (PCR) Market By Region
- Largest
- Fastest
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Polymerase Chain Reaction (PCR) Market Dynamics
Drivers
Increasing Demand for Molecular Diagnostics:
PCR is extensively used in molecular diagnostics for detecting and monitoring numerous illnesses, along with infectious illnesses, cancer, and genetic issues. The growing need for correct and rapid diagnostic gear, in particular within the context of the COVID-19 pandemic, has driven the demand for PCR-based total exams and diagnostics. This fashion is anticipated to keep riding the PCR marketplace.
Advancements in PCR Technology:
Continuous advancements in the PCR era have caused stepped forward overall performance, sensitivity, and velocity of PCR assays. Innovations inclusive of real-time PCR, digital PCR, and isothermal amplification techniques have extended the software of PCR in research, medical diagnostics, and other fields. These technological advancements are likely to boost the adoption of PCR and pressure marketplace increase.
Restraints
High Cost of PCR Instruments and Consumables:
PCR units and consumables may be expensive, which can be a big barrier for smaller laboratories, clinics, and studies establishments. The excessive cost of access limits the accessibility of the PCR era in aid-confined settings and might restrain marketplace increase, in particular in developing regions.
Competition and Market Saturation:
- The PCR marketplace has come to be fantastically competitive with numerous gamers imparting a wide range of PCR gadgets and reagents. Market saturation and excessive opposition can cause pricing pressure and reduced income margins for manufacturers. Additionally, the provision of opportunity nucleic acid amplification technology may also restrict the increased capacity of PCR in certain packages.
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Polymerase Chain Reaction (PCR) Market Competitive Landscape
The international polymerase chain reaction (PCR) marketplace functions as a tremendously aggressive panorama characterized by a diverse range of key gamers and consistent technological improvements. Leading agencies in this area encompass Thermo Fisher Scientific Inc., Qiagen N.V., Bio-Rad Laboratories Inc., F. Hoffmann-La Roche Ltd, and Agilent Technologies Inc. These industry giants dominate the marketplace through their widespread product portfolios, worldwide presence, and strong R&D abilities. The competitive dynamics are pushed by using a regular focus on innovation, product improvement, and strategic collaborations. Market gamers are usually introducing superior PCR technologies, together with virtual PCR and quantitative PCR, to cater to the growing call for molecular diagnostics and studies packages. Additionally, the market is witnessing an inflow of smaller, area of interest players specializing in PCR reagents, consumables, and custom services, which similarly intensifies the competition. Geographic growth, mergers, acquisitions, and partnerships are not unusual strategies hired by organizations to gain a competitive aspect within the worldwide PCR market.
As the demand for molecular diagnostics continues to rise, competition in this market is expected to remain fierce, fostering innovation and technological advancement.
Top Player’s Company Profile
- Thermo Fisher Scientific, Inc. (USA)
- Roche Holdings AG (Switzerland)
- Bio-Rad Laboratories, Inc. (USA)
- QIAGEN N.V. (Netherlands)
- Agilent Technologies, Inc. (USA)
- F. Hoffmann-La Roche Ltd. (Switzerland)
- Becton, Dickinson and Company (USA)
- Danaher Corporation (USA)
- Promega Corporation (USA)
- Merck KGaA (Germany)
- Fluidigm Corporation (USA)
- Eppendorf AG (Germany)
- Takara Bio Inc. (Japan)
- Abbott Laboratories (USA)
- BioMérieux SA (France)
- PerkinElmer, Inc. (USA)
- BioFire Diagnostics, LLC (USA)
- Biosearch Technologies, Inc. (USA)
- GenMark Diagnostics, Inc. (USA)
- Enzo Biochem, Inc. (USA)
- Illumina, Inc. (USA)
- New England Biolabs, Inc. (USA)
- Quantabio (USA)
- LGC Limited (UK)
- Bioer Technology Co., Ltd. (China)
Recent Developments
- In February 2023: Qiagen announced the release of its new QIAsymphony Dx Real-Time PCR System, that is designed to be greater person-pleasant and efficient than preceding PCR systems.
- In March 2023: Roche Diagnostics launched its new cobas SARS-CoV-2 PCR check, which is a fast and accurate test for the detection of COVID-19.
- In April 2023: Illumina announced the release of its new MiSeq 5Dx sequencing system, which is able to sequence up to 300 genomes consistent with day.
- In May 2023: Thermo Fisher Scientific launched its new Applied Biosystems TaqMan Profiler Plus SARS-CoV-2 Assay, that's a quantitative PCR assay for the detection of SARS-CoV-2.
- In June 2023: Agilent Technologies announced the release of its new 2100 Bioanalyzer System, which is a high-throughput DNA evaluation system.
Polymerase Chain Reaction (PCR) Key Market Trends
- Growing Demand for Point-of-Care (POC) PCR Testing: One awesome fashion within the PCR marketplace was the growing demand for point-of-care (POC) PCR trying out answers. This trend became pushed via the need for rapid and on-website diagnostic testing, specifically at some stage in the COVID-19 pandemic. POC PCR testing offers the advantage of brief results, making it vital in situations wherein timely analysis is vital, inclusive of infectious disease outbreaks. As healthcare providers and clinics sought faster and greater convenient testing alternatives, POC PCR gadgets and kits won traction within the marketplace.
- Advancements in Real-time PCR Technology:Real-time PCR (qPCR) generation persisted to improve, bearing in mind greater correct and green nucleic acid amplification and detection. Key tendencies in qPCR included stepped forward sensitivity, specificity, and multiplexing abilities. These advancements enabled researchers and scientific laboratories to perform a wide variety of applications, from gene expression analysis to mutation detection and infectious ailment analysis. Additionally, the mixing of synthetic intelligence (AI) and automation into qPCR structures more suitable information analysis and typical workflow efficiency, making those systems extra attractive to stop-users.
Polymerase Chain Reaction (PCR) Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Component types team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our Global Polymerase Chain Reaction (PCR) Market evaluation, the marketplace continues to enjoy massive increase and evolution. PCR, a molecular biology approach used for amplifying DNA or RNA segments, has ended up a cornerstone in various fields, consisting of diagnostics, studies, and biotechnology. One key motive force of this market's expansion is its crucial position inside the detection of infectious diseases, including the COVID-19 pandemic, in which PCR-based total tests have been pivotal in diagnosing and tracking the virus. The ongoing call for diagnostic trying out, coupled with advancements in PCR generation, has fueled marketplace boom. Additionally, the PCR marketplace has visible innovation with the improvement of quicker, greater accurate, and value-powerful PCR structures, making it greater on hand to a wider variety of customers. These technological improvements have multiplied its programs beyond healthcare, into regions like forensic technology, agriculture, and environmental monitoring. However, the marketplace also faces challenges, which include opposition from opportunity nucleic acid amplification technology and issues about value-effectiveness. Nevertheless, the global PCR marketplace is predicted to preserve its increased trajectory, pushed via ongoing research, increasing healthcare wishes, and the flexibility of PCR technology, making it an important device in the global field of molecular biology and diagnostics.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 24.17 billion |
| Market size value in 2031 | USD 29.92 billion |
| Growth Rate | 2.4% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Polymerase Chain Reaction (PCR) Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Polymerase Chain Reaction (PCR) Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Polymerase Chain Reaction (PCR) Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Polymerase Chain Reaction (PCR) Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Polymerase Chain Reaction (PCR) Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Polymerase Chain Reaction (PCR) Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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