A recent report published by Infinium Global Research on digital PCR (dPCR) and real time PCR (qPCR) market provides an in-depth analysis of segments and sub-segments in the global as well as regional digital PCR (dPCR) and real time PCR (qPCR) market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional digital PCR (dPCR) and real time PCR (qPCR) market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global digital PCR (dPCR) and real time PCR (qPCR) market. According to the report, the global digital PCR (dPCR) and real time PCR (qPCR) market are projected to grow at a CAGR of 7.5% over the forecast period of 2019-2025.
Digital PCR (dPCR) and Real-time PCR (qPCR) market are estimated to grow with a healthy rate in the forecast year. The rising number of genetic diseases such as chromosomal abnormalities, single gene defects, multifactorial problems, teratogenic problems and increasing diagnosis rate of nucleic acid impurities has increased the demand of Digital PCR (dPCR) and Real-time PCR (qPCR). Digital PCR (dPCR) and Real-time PCR (qPCR) helps to monitor the genetic makeup of the human by knowing the genetic sequence. This information is helpful in genetic disease identification and mutations that can become the cause of disease in the future. Unlike other genetic analyzers, digital PCR and real-time PCR works with the benefit of real-time detection of the genetic material such as DNA or RNA.
A growing number of genetic disorders globally is one of the major factors driving the Digital PCR (dPCR) and Real-time PCR (qPCR) market. According to the WHO, it is estimated that over 10,000 human diseases are known to be monogenic. Monogenic diseases result from modifications in a single gene occurring in all cells of the body, though the occurrence of monogenic diseases is rare, they affect millions of people worldwide. Moreover, increasing research and development activities for the new drug development has also fuelled the Digital PCR (dPCR) and Real-time PCR (qPCR) market. By knowing the genetic sequence of an organism’s scientist can alter the sequence to produce recombinant drugs. Furthermore, increasing demand of host cell DNA or RNA impurities in the sample or biological drug has also contributed to the growth of the market. On the other hand, the high cost associated with instruments and reagents can hamper the growth of the market. However, the rising demand for genetic analysis globally provides a better opportunity for the growth of the market.
Geographically, digital PCR (dPCR) and Real-time PCR (qPCR) market segmented into North America, Europe, Asia-Pacific and Rest of World (RoW). North America dominates the global market and expected to keep its dominance over the forecast period, followed by Europe. Advanced healthcare facilities and increasing research and development activities are supporting the growth of the market in these regions. The Asia-Pacific is a high potential market for Digital PCR (dPCR) and Real-time PCR (qPCR), rising prevalence of genetic diseases and heavy investments by major pharma players for research and developments are contributing to the growth of the market in this region.
The report on global digital PCR (dPCR) and real time PCR (qPCR) market covers segments such as product type, and application. On the basis of product type, the sub-markets include instruments, reagents and consumables, and services. On the basis of application, the sub-markets include clinical, research institutes, forensic labs, and other applications.
The report provides profiles of the companies in the market such as Abbott Laboratories, Agilent Technologies, Inc., Bio-Rad Laboratories, Inc., Danaher Corporation, Eppendorf AG, F. Hoffman-La Roche Ltd., Merck KGaA, Qiagen N.V., Takara Bio, Inc., Thermo Fisher Scientific, Inc., and Other companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of digital PCR (dPCR) and real time PCR (qPCR) market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.