DUBLIN, Jun 21, 2021--(BUSINESS WIRE)--The "Digital PCR Market by Technologies, Product Type, Application and End User: Global Opportunity Analysis and Industry Forecast, 2021-2028" report has been added to ResearchAndMarkets.com's offering.
The global digital polymerase chain reaction market generated $508.8 million in 2020 and is projected to reach $1,139.9 million by 2028, growing at a CAGR of 9.1% from 2021 to 2028.
Digital polymerase chain reaction (dPCR) is a new approach for the detection and quantification of nucleic acids that provides a sensitive and reproducible way to measure the amount of DNA or RNA present in a sample. dPCR exhibits high potential in the research (basic research and applied research), clinical diagnostics, forensics, and other similar areas. dPCR systems are useful for copy number variation, rare sequence detection, mutation detection, miRNA analysis, gene expression analysis, and next-generation sequencing sample quantification.
The global digital polymerase chain reaction market is expected to register substantial growth in the near future, owing to the rise in the prevalence of infectious diseases and an increase in awareness & acceptance of personalized medicines. In addition, advancements in the technique are anticipated to boost the market growth during the forecast period.
However, the high cost of dPCR devices and reimbursement issues are the factors anticipated to hamper market growth during the forecast period. Conversely, an increase in funding for R&D activities is expected to offer remunerative opportunities for market players. The digital polymerase chain reaction market is segmented into technology, product type, application, end user, and region. By technology, the market is categorized into droplet digital PCR (ddPCR) and BEAMing digital PCR.
By technology, the market is bifurcated into droplet digital PCR (ddPCR), chip based digital PCR and BEAMing digital PCR. Depending on product type, it is fragmented into digital PCR systems, consumables & reagents, and software & services. On the basis of application, it is segregated into research, clinical diagnostics, and forensic & others. As per end user, it is differentiated into pharmaceuticals & biotechnology industries, clinical diagnostic laboratories, and universities & other organizations. Region wise, it is analyzed across North America (U.S., Canada, Mexico) Europe (Germany, France, UK, Italy, Spain, Rest of Europe) Asia-Pacific (Japan, China, Australia, India, South Korea, Taiwan and rest of Asia-Pacific) and LAMEA (Brazil, Saudi Arabia, South Africa, and Rest of LAMEA).
This report entails a detailed quantitative analysis of the current market trends from 2020 to 2028 to identify prevailing opportunities along with a strategic assessment of the global digital PCR market.
Market size and estimations are based on a comprehensive analysis of end users, developments, and services in the industry.
An in-depth analysis based on region assists to understand the regional market and facilitates strategic business planning.
Developmental strategies adopted by the key market players are enlisted to understand the competitive scenario of the market.
Rise in prevalence of infectious diseases and cancer
Increase in awareness and acceptance of personalized medicines
High cost of dPCR devices
Increase in funding for R&D activities
Key Market Players
Bio-Rad Laboratories, Inc.
Thermo Fisher Scientific, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/lmqjeq
View source version on businesswire.com: https://www.businesswire.com/news/home/20210621005333/en/
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