Market Overview
The global digital PCR market
size was valued at USD 8.5 billion in 2022 and is projected to reach USD 12.4 billion
by 2033, growing at a CAGR of 7.8 % during the forecast period.
Report Scope
Report Attributes |
Description |
Market Forecast in 2022 |
USD 8.5 billion |
Market Forecast in 2033 |
USD 12.4 billion |
CAGR % 2023-2033 |
7.8% |
Base Year |
2022 |
Historic Data |
2020-2021 |
Forecast Period |
2023-2033 |
Report USP |
Product, end-user industry, company share, company heat map, company
Capacity Technology Product capacity, growth factors and more |
Key Companies |
Thermo
Fisher Scientific Inc.; Bio-Rad Laboratories Inc.; Agilent Technologies,
Inc.; bioMérieux; Merck KGaA; Standard BioTools; Takara Bio Inc.; Beckman
Coulter, Inc.; BD; Cepheid.; Eppendorf SE; General electric; Others
|
Digital PCR Market: Description
The global digital PCR market refers to the market for a molecular biology technique known as digital PCR. Digital PCR is a highly sensitive and precise method used for the quantification and analysis of nucleic acids, such as DNA and RNA.
It is a variation of traditional PCR that enables the absolute quantification of target nucleic acid molecules, rather than relative quantification. In digital PCR, the sample is divided into thousands or millions of individual reactions or partitions, each containing a few or no target molecules.
The PCR amplification
is then carried out in each partition separately, and the presence or absence
of target molecules is determined by detecting fluorescent signals. This method
allows for accurate quantification of target molecules without the need for
standard curves or reference samples.
The digital PCR market has been experiencing significant growth due to its numerous advantages over traditional PCR methods. Some of the key benefits of digital PCR include enhanced sensitivity, higher precision, and the ability to detect rare mutations or low abundance targets.
These features make digital PCR particularly useful in applications such as genetic research, molecular diagnostics, infectious disease testing, cancer biomarker analysis, and non-invasive prenatal testing.
The market for digital PCR is driven by factors such as the increasing demand for precise and sensitive molecular diagnostic techniques, growing research activities in genomics and proteomics, and the rising prevalence of genetic disorders and infectious diseases.
Additionally, advancements in technology,
such as the development of innovative digital PCR platforms and improved data
analysis software, are further contributing to market growth.
Digital PCR Market: Key Trends
·
Advancements
in Digital PCR Platforms:
Significant advancements are being made in digital PCR platforms, leading to improved performance, higher throughput, and enhanced ease of use. Manufacturers are introducing innovative features such as automated workflows, multiplexing capabilities, and integrated data analysis software, making digital PCR more accessible to researchers and clinicians.
·
Integration
of Digital PCR with Next-Generation Sequencing (NGS):
Digital PCR is being integrated with NGS technologies to enhance the accuracy and sensitivity of genetic analysis. The combination of these two techniques allows for comprehensive genomic profiling, detection of rare mutations, and identification of genetic variations in complex samples. This integration is expected to drive the adoption of digital PCR in genomics research and molecular diagnostics.
Digital PCR Market: Segmental Analysis
By Technology
·
Droplet Digital PCR
·
Beaming Digital PCR
By Product Type
·
Digital PCR Equipment
·
Consumables and Reagents
·
Software and Services
BY Application
·
Clinical
·
Oncology Testing
·
Blood Screening
·
Transplant Diagnostics
·
Research
North America has traditionally been a leading market for digital PCR due to the presence of well-established healthcare infrastructure, advanced research facilities, and a strong focus on technological advancements. The United States, in particular, holds a substantial share in the market, driven by the presence of major market players and increasing adoption of digital PCR in genetic testing and clinical diagnostics.
Europe is another prominent region in the digital PCR market. Countries such as Germany, France, and the United Kingdom have well-developed healthcare systems and a high level of research activities in genomics and molecular diagnostics.
The market growth in Europe is supported by favorable
government initiatives, increased research funding, and a rising demand for
precision medicine.
The Asia Pacific region is experiencing rapid growth in the digital PCR market. Factors such as a large patient pool, increasing healthcare expenditure, and a growing focus on genomics research contribute to the market's expansion.
Countries like China, Japan, and India are witnessing significant adoption of digital PCR technologies in research and clinical applications. The Middle East and Africa region are witnessing steady growth in the digital PCR market.
Factors such as increasing investments in healthcare infrastructure, rising prevalence of genetic disorders, and a growing focus on precision medicine are driving the demand for digital PCR technologies in this region.
Digital PCR Market: Impact of COVID
The need for accurate and rapid testing for SARS-CoV-2, the virus causing COVID-19, drove a surge in demand for diagnostic tests, including PCR-based tests. Digital PCR played a crucial role in COVID-19 testing, offering high sensitivity and precise quantification of viral RNA.
The market experienced a substantial increase in demand for digital PCR platforms, reagents, and consumables during the pandemic. The COVID-19 pandemic led to an unprecedented level of research and development activities worldwide.
Digital PCR technology was utilized in various studies related to
SARS-CoV-2, including viral load monitoring, mutation analysis, and evaluation
of diagnostic performance. The pandemic accelerated advancements in digital PCR
platforms and protocols, leading to the development of more efficient and
scalable solutions.
Digital PCR played a crucial role in vaccine development efforts during the pandemic. It was used for the quantification of viral antigens, evaluation of vaccine efficacy, and monitoring of immune response in clinical trials.
The demand for digital PCR technologies increased as pharmaceutical companies and research organizations raced to develop and evaluate COVID-19 vaccines. The digital PCR market, like other sectors, experienced disruptions in the supply chain due to lockdowns, travel restrictions, and manufacturing challenges caused by the pandemic.
This
led to temporary shortages of digital PCR instruments, reagents, and
consumables, impacting the market's growth. However, efforts were made to
mitigate these disruptions, and the market gradually recovered as the situation
improved.
The COVID-19 pandemic has highlighted the importance of molecular diagnostics in healthcare. It has increased awareness among healthcare providers and policymakers about the value of technologies like digital PCR in infectious disease management.
This heightened awareness is likely to have a long-term positive impact on the adoption of digital PCR in various diagnostic applications beyond COVID-19.
Digital PCR Market: Key Companies
·
Thermo Fisher Scientific Inc.
·
Bio-Rad Laboratories Inc.
·
Agilent Technologies, Inc.
·
bioMérieux
·
Merck KGaA
·
Standard BioTools
·
Takara Bio Inc.
·
Beckman Coulter, Inc.
·
BD
·
Cepheid.
·
Eppendorf SE
·
General electric
·
Others
Digital PCR Market: Regional Scope
North America
·
U.S.
·
Canada
·
Mexico
Europe
·
U.K.
·
Germany
·
France
·
Italy
·
Spain
·
Rest of Europe
Asia Pacific
·
China
·
India
·
Japan
·
South Korea
·
Australia
·
Rest of Asia Pacific
South America
·
Brazil
·
Argentina
·
Rest of South America
Middle East and Africa
·
Saudi Arabia
·
UAE
·
Egypt
·
South Africa
·
Rest of Middle East and Africa
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Market Research Process
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One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.
In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.
Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.
Business Solution
An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.
Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.
The global digital PCR market size was valued at USD 8.5 billion in 2022 and is projected to reach USD 12.4 billion by 2033, growing at a CAGR of 7.8 % during the forecast period.
Significant advancements are being made in digital PCR platforms, leading to improved performance, higher throughput, and enhanced ease of use.
Some of the major players operating within the market are Thermo Fisher Scientific Inc.; Bio-Rad Laboratories Inc.; Agilent Technologies, Inc.; bioMérieux; Merck KGaA; Standard BioTools; Takara Bio Inc.; Beckman Coulter, Inc.; BD; Cepheid.; Eppendorf SE; General electric; Others
North America has traditionally been a leading market for digital PCR due to the presence of well-established healthcare infrastructure, advanced research facilities, and a strong focus on technological advancements.
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