Scope of the Study
The polymerase chain reaction, or PCR, is one of the advanced molecular techniques in molecular biology. Reagents used for PCR are known as PCR reagents such as Taq polymerase, buffers, dNTPs, kits, and Master Mixes, which are premixed, ready-to-use solutions. The application span of PCR and its reagents is enormous, encompassing numerous biomedical areas, forensics, gene therapy, food/beverage, and environmental testing. Additionally, the growth of the PCR reagent market is primarily driven by the increasing incidences of target diseases and genetic disorders coupled with continuous technological advancements in PCR technologies and reagents.
The market study is being classified by Type (Primer, Enzyme, DNTP, Template and Buffer Solution), by Application (Medical Care, Scientific Research and Others) and major geographies with country level break-up.
Thermo Fisher Scientific, Inc. (United States), Promega Corporation (United States), Abbott Laboratories, Inc. (United States), LGC Group (United Kingdom), Asuragen, Inc. (United States), Takara Bio, Inc. (Japan), Bio-Rad Laboratories, Inc. (United States) and Siemens Healthcare GmbH (Siemens AG) (Germany) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Qiagen N.V. (Netherlands), Danaher Corporation (United States), Agilent Technologies (United States) and Roche Diagnostics (Switzerland).
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global PCR Reagent market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global PCR Reagent market by Type, Application and Region.
On the basis of geography, the market of PCR Reagent has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End users, the sub-segment i.e. Research Centers and Academic & Government Institutes will boost the PCR Reagent market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. Real-time PCR will boost the PCR Reagent market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Demand for Rapid, Accurate, and Cost Effective Diagnostic Tests in Health Care
- Increasing Usage in Food Safety Techniques
- Development in Pharmacogenomics and Emergence of Digital PCR Technology
- Owing to High Consumption of PCR Reagents & Consumables
- Increasing Demand for PCR machines and its reagents in Genetic and Molecular Testing
- The Emergence of Alternate Technologies like Next Generation Sequencing (NGS) along with Regulatory Interventions
- High Cost of PCR Reagents is hampering the Market Growth
- Increasing Affinity for Automated High throughput and Robotic Equipment
- Rising Investment in R & D in Advanced Molecular Biology
- Lack of Skilled labors for Handling PCR Techniques Market
- Accurate and Timely Result for RT-PCR faced by PCR Technology Market
Market Leaders and their expansionary development strategies
In January 2019, QIAGEN N.V. (Germany) announced the development of next-generation systems for dPCR in the life sciences industry. It is expected to launch new products in 2020.
In February 2019, Bio-Rad Laboratories (US) received US FDA approval for QxDx Auto DG droplet dPCR system and the QxDx BCR-ABL %IS Kit. and Bio-Radís system and kit can precisely and reproducibly monitor molecular response to treatment in patients with chronic myeloid leukemia (CML).
Key Target AudiencePCR Reagent Manufacturers, Potential Investors, Downstream Vendors, Industry Associations, Government and Regulatory Bodies and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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