Polymerase Chain Reaction (PCR) Technologies Market Size – By Type (Conventional PCR, Real-time PCR (qPCR) and Digital PCR (dPCR)), By Product (Consumables & Reagents, Instruments and Software & Services), By Application (Medical and Non-Medical), & Region – Global Forecasts 2024 - 2034.
- PUBLISHED ON
- 2024-10-14
- NO OF PAGES
- 315
- CATEGORY
- Healthcare & Life Sciences
Market Overview
The Polymerase Chain Reaction Technologies market report is predicted to develop at a compound annual growth rate (CAGR) of 5.6% from 2024 to 2034, when global polymerase chain reaction technologies market forecast size is projected to reach USD 30.43 Billion in 2034, based on an average growth pattern. The global polymerase chain reaction technologies market revenue is estimated to reach a value of USD 19.37 Billion in 2024.
SOURCE: We Market Research
The global polymerase
chain reaction technologies market is a dynamic sector within the life sciences
and biotechnology industries. PCR is a technique used to amplify DNA sequences,
which is fundamental to various applications in molecular biology, diagnostics,
and research. The market has seen significant growth, driven by advancements in
molecular diagnostics and a rise in genetic testing applications. The COVID-19
pandemic accelerated the adoption of PCR technology due to its essential role
in detecting the SARS-CoV-2 virus. The global Polymerase Chain Reaction
Technologies market analysis refers to the industry encompassing the
development, production, distribution, and use of PCR technology, products, and
related services. PCR is a widely used laboratory technique in molecular
biology that allows for the amplification of DNA or RNA sequences, making it
possible to create millions to billions of copies of a specific DNA segment.
Global Polymerase Chain Reaction (PCR) Technologies Market
Scope
|
Report Attributes |
Description |
|
Market Size in 2024 |
USD 19.37 Billion |
|
Market
Forecast in 2034 |
USD 30.43 Billion |
|
CAGR % 2024-2034 |
5.6% |
|
Base
Year |
2023 |
|
Historic Data |
2016-2022 |
|
Forecast
Period |
2024-2034 |
|
Report USP
|
Production,
Consumption, company share, company heatmap, company production capacity,
growth factors and more |
|
Segments
Covered |
By Type, By
Product, By Application and By Region |
|
Regional Scope |
North America,
Europe, APAC, South America and Middle East and Africa |
|
Country
Scope |
U.S.; Canada;
U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia;
China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico;
Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria |
Polymerase Chain Reaction Technologies Market: Dynamics & Restrains
Global Polymerase Chain Reaction (PCR) Technologies Market
Opportunity:
We Market
Research: Polymerase Chain Reaction
Technologies Market Dashboard
Our marketing platform offers a comprehensive dashboard that provides clients with valuable insights into global polymerase chain reaction technologies market trends over the years. Included below is a sample image of our dashboard, and specific PDF logins will be furnished to grant access to this insightful tool.
Polymerase Chain Reaction Technologies Market Segmentation
By Type Analysis
By type, the Polymerase
Chain Reaction Technologies market share is categories into Conventional PCR, Real-time
PCR (qPCR) and Digital PCR (dPCR). Real-time PCR (qPCR) dominate the market
with the largest share, accounting for over 53% of the market in 2023. Real-time
PCR, or quantitative PCR (qPCR), dominates the market due to its ability to
provide quantitative data in real time. It is highly favored for clinical
diagnostics, particularly in infectious disease testing, cancer research, and
genetic analysis. The accuracy, speed, and efficiency of qPCR contribute to its
large share in the market, and it is often considered the gold standard for
quantitative nucleic acid analysis.
The
following segments are part of an in-depth analysis of the global Polymerase
Chain Reaction Technologies market:
|
Market Segments |
|
|
By Type |
·
Conventional PCR ·
Real-time PCR (qPCR) ·
Digital PCR (dPCR) |
|
By Product |
·
Consumables & Reagents ·
Instruments ·
Software & Services |
|
By Application |
·
Medical o
Clinical §
Pathology testing §
Oncology testing §
Blood screening §
Others o
Research o
Forensics and Others ·
Non-Medical §
Food §
Others |
Polymerase Chain Reaction Technologies Industry:
Regional Analysis
North America Market Forecast
North America dominates the global Polymerase Chain Reaction Technologies market, accounting for around 45% of the market share in 2023. North America is the largest market for PCR technology, primarily due to advanced healthcare infrastructure, significant investment in research and development, and the presence of major PCR manufacturers. The high prevalence of infectious diseases, strong emphasis on genetic testing, and the rapid adoption of innovative PCR technologies further contribute to its dominant share.
Europe Market Statistics
Europe holds a
substantial share of the polymerase
chain reaction technologies market, driven by a strong
focus on research, diagnostics, and public health initiatives. The region
benefits from well-established healthcare systems, extensive funding for
research projects, and regulatory support for innovative diagnostic solutions. Countries
like Germany, the UK, and France are key contributors to this market.
Asia Pacific Market Forecasts
The Asia Pacific
region is witnessing rapid growth in the polymerase chain reaction technologies market, fueled by increasing investments in healthcare
infrastructure, rising prevalence of diseases, and a growing biotechnology
sector. The demand for PCR technology is increasing in countries like China,
India, and Japan, where there is a significant push towards modernizing
healthcare and enhancing research capabilities.
Middle East & Africa Market Statistics
The MEA region
represents a smaller share of the polymerase
chain reaction technologies market, with growth driven
by increasing investment in healthcare infrastructure and rising awareness of
advanced diagnostic techniques. Countries in the Gulf Cooperation Council (GCC)
are showing greater adoption of PCR technology, while challenges in access to
advanced healthcare still persist in some parts of Africa.
Latin America Market Statistics
The polymerase chain reaction technologies market in Latin America is relatively smaller but is experiencing
growth due to increased awareness of molecular diagnostics and expanding
healthcare access. Brazil and Mexico are the leading markets in this region,
driven by initiatives to improve healthcare delivery and disease management.
The Polymerase Chain Reaction (PCR) Technologies Market
is dominated by a few large companies, such as
·
Thermo Fisher Scientific Inc.
·
Bio-Rad Laboratories, Inc.
·
Roche Diagnostics
·
QIAGEN N.V.
·
Agilent Technologies, Inc.
·
Abbott Laboratories
·
Takara Bio Inc.
·
Danaher Corporation (Cepheid)
·
Merck KGaA (MilliporeSigma)
·
PerkinElmer Inc.
·
Illumina, Inc.
·
Eppendorf AG
·
Promega Corporation
·
Fluidigm Corporation
·
Analytik Jena AG
·
Others
1.
Global
Polymerase Chain Reaction (PCR) Technologies Market Introduction and Market
Overview
1.1. Objectives of the Study
1.2. Global Polymerase Chain Reaction
(PCR) Technologies Market Scope and Market Estimation
1.2.1. Global Polymerase Chain Reaction
(PCR) Technologies Overall Market Size (US$ Bn), Market CAGR (%), Market
forecast (2024 - 2034)
1.2.2. Global Polymerase Chain Reaction
(PCR) Technologies Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2019 -
2034
1.3. Market Segmentation
1.3.1. Type of Global Polymerase Chain
Reaction (PCR) Technologies Market
1.3.2. Product of Global Polymerase
Chain Reaction (PCR) Technologies Market
1.3.3. Application of Global Polymerase
Chain Reaction (PCR) Technologies Market
1.3.4. Region of Global Polymerase
Chain Reaction (PCR) Technologies Market
2.
Executive Summary
2.1. Demand Side Trends
2.2. Key Market Trends
2.3. Market Demand (US$ Bn) Analysis
2019 – 2023 and Forecast, 2024 – 2034
2.4. Demand and Opportunity
Assessment
2.5. Demand Supply Scenario
2.6. Market Dynamics
2.6.1. Drivers
2.6.2. Limitations
2.6.3. Opportunities
2.6.4. Impact Analysis of Drivers and
Restraints
2.7. Pricing Trends Analysis
2.8. Overview of Technology Developments
2.9. Porter’s Five Forces Analysis
2.9.1. Bargaining Power of Suppliers
2.9.2. Bargaining Power of Buyers
2.9.3. Threat of Substitutes
2.9.4. Threat of New Entrants
2.9.5. Competitive Rivalry
2.10. PEST Analysis
2.10.1. Political Factors
2.10.2. Economic Factors
2.10.3. Social Factors
2.10.4. Technology Factors
2.11. Value Chain / Ecosystem Analysis
2.12. Key Regulation
3.
Global Polymerase Chain Reaction
(PCR) Technologies Market Estimates &
Historical Trend Analysis (2019 - 2023)
4.
Global Polymerase Chain Reaction
(PCR) Technologies Market Estimates &
Forecast Trend Analysis, by Product
4.1. Global Polymerase Chain Reaction
(PCR) Technologies Market Revenue (US$ Bn) Estimates and Forecasts, by Product,
2019 - 2034
4.1.1. Conventional PCR
4.1.2. Real-time PCR (qPCR)
4.1.3. Digital PCR (dPCR)
5.
Global Polymerase Chain Reaction
(PCR) Technologies Market Estimates &
Forecast Trend Analysis, by Product
5.1. Global Polymerase Chain Reaction
(PCR) Technologies Market Revenue (US$ Bn) Estimates and Forecasts, by Product,
2019 - 2034
5.1.1.Consumables
& Reagents
5.1.2.Instruments
5.1.3.Software
& Services
6.
Global Polymerase Chain Reaction
(PCR) Technologies Market Estimates &
Forecast Trend Analysis, by Application
6.1. Global Polymerase Chain Reaction
(PCR) Technologies Market Revenue (US$ Bn) Estimates and Forecasts, by Application,
2019 - 2034
6.1.1.Medical
6.1.1.1.
Clinical
6.1.1.1.1.
Pathology testing
6.1.1.1.2.
Oncology testing
6.1.1.1.3.
Blood screening
6.1.1.1.4.
Others
6.1.1.2.
Research
6.1.1.3.
Forensics and Others
6.1.2.Non-Medical
6.1.2.1.
Food
6.1.2.2.
Others
7.
Global Polymerase Chain Reaction
(PCR) Technologies Market Estimates &
Forecast Trend Analysis, by Region
7.1. Global Polymerase Chain Reaction
(PCR) Technologies Market Revenue (US$ Bn) Estimates and Forecasts, by Region, 2019
- 2034
7.1.1. North America
7.1.2. Eastern Europe
7.1.3. Western Europe
7.1.4. Asia Pacific
7.1.5. Middle East & Africa
7.1.6. Latin America
8.
North
America Polymerase Chain Reaction (PCR)
Technologies Market: Estimates &
Forecast Trend Analysis
8.1.
North
America Polymerase Chain Reaction (PCR) Technologies Market Assessments &
Key Findings
8.1.1. North America Polymerase Chain
Reaction (PCR) Technologies Market Introduction
8.1.2. North America Polymerase Chain
Reaction (PCR) Technologies Market Size Estimates and Forecast (US$ Billion) (2019
- 2034)
8.1.2.1. By Type
8.1.2.2. By Product
8.1.2.3. By Application
8.1.2.4. By Country
8.1.2.4.1. The U.S.
8.1.2.4.2. Canada
8.1.2.4.3. Mexico
9.
Western
Europe Polymerase Chain Reaction (PCR)
Technologies Market: Estimates &
Forecast Trend Analysis
9.1. Western Europe Polymerase Chain
Reaction (PCR) Technologies Market Assessments & Key Findings
9.1.1. Western Europe Polymerase Chain
Reaction (PCR) Technologies Market Introduction
9.1.2. Western Europe Polymerase Chain
Reaction (PCR) Technologies Market Size Estimates and Forecast (US$ Billion) (2019
- 2034)
9.1.2.1. By Type
9.1.2.2. By Product
9.1.2.3. By Application
9.1.2.4.
By
Country
9.1.2.4.1.
Germany
9.1.2.4.2.
Italy
9.1.2.4.3.
U.K.
9.1.2.4.4.
France
9.1.2.4.5.
Spain
9.1.2.4.6.
Benelux
9.1.2.4.7.
Nordics
9.1.2.4.8. Rest
of W. Europe
10. Eastern Europe Polymerase
Chain Reaction (PCR) Technologies Market:
Estimates & Forecast Trend Analysis
10.1. Eastern Europe Polymerase Chain
Reaction (PCR) Technologies Market Assessments & Key Findings
10.1.1. Eastern Europe Polymerase Chain
Reaction (PCR) Technologies Market Introduction
10.1.2. Eastern Europe Polymerase Chain
Reaction (PCR) Technologies Market Size Estimates and Forecast (US$ Billion) (2019
- 2034)
10.1.2.1. By Type
10.1.2.2. By Product
10.1.2.3. By Application
10.1.2.4. By Country
10.1.2.4.1.
Russia
10.1.2.4.2.
Hungary
10.1.2.4.3.
Poland
10.1.2.4.4.
Balkan & Baltics
10.1.2.4.5. Rest of E. Europe
11. Asia Pacific Polymerase
Chain Reaction (PCR) Technologies Market:
Estimates & Forecast Trend Analysis
11.1. Asia Pacific Market Assessments
& Key Findings
11.1.1. Asia Pacific Polymerase Chain
Reaction (PCR) Technologies Market Introduction
11.1.2. Asia Pacific Polymerase Chain
Reaction (PCR) Technologies Market Size Estimates and Forecast (US$ Billion) (2019
- 2034)
11.1.2.1. By Type
11.1.2.2. By Product
11.1.2.3. By Application
11.1.2.4. By Country
11.1.2.4.1. China
11.1.2.4.2. Japan
11.1.2.4.3. India
11.1.2.4.4. Australia & New Zealand
11.1.2.4.5. South Korea
11.1.2.4.6. ASEAN
11.1.2.4.7. Rest of Asia Pacific
12. Middle East & Africa Polymerase
Chain Reaction (PCR) Technologies Market:
Estimates & Forecast Trend Analysis
12.1. Middle East & Africa Market
Assessments & Key Findings
12.1.1. Middle
East & Africa Polymerase
Chain Reaction (PCR) Technologies Market Introduction
12.1.2. Middle
East & Africa Polymerase
Chain Reaction (PCR) Technologies Market Size Estimates and Forecast (US$ Billion)
(2019 - 2034)
12.1.2.1. By Type
12.1.2.2. By Product
12.1.2.3. By Application
12.1.2.4. By Country
12.1.2.4.1. UAE
12.1.2.4.2. Saudi
Arabia
12.1.2.4.3. Turkey
12.1.2.4.4. South
Africa
12.1.2.4.5. Rest of
MEA
13. Latin America
Polymerase Chain Reaction (PCR) Technologies Market: Estimates & Forecast Trend Analysis
13.1. Latin America Market Assessments
& Key Findings
13.1.1. Latin America Polymerase Chain
Reaction (PCR) Technologies Market Introduction
13.1.2. Latin America Polymerase Chain
Reaction (PCR) Technologies Market Size Estimates and Forecast (US$ Billion) (2019
- 2034)
13.1.2.1. By Type
13.1.2.2. By Product
13.1.2.3. By Application
13.1.2.4. By Country
13.1.2.4.1. Brazil
13.1.2.4.2. Argentina
13.1.2.4.3. Colombia
13.1.2.4.4. Rest of
LATAM
14. Country Wise Market:
Introduction
15. Competition Landscape
15.1. Global Polymerase Chain Reaction
(PCR) Technologies Market Product Mapping
15.2. Global Polymerase Chain Reaction
(PCR) Technologies Market Concentration Analysis, by Leading Players /
Innovators / Emerging Players / New Entrants
15.3. Global Polymerase Chain Reaction
(PCR) Technologies Market Tier Structure Analysis
15.4. Global Polymerase Chain Reaction
(PCR) Technologies Market Concentration & Company Market Shares (%)
Analysis, 2023
16. Company Profiles
16.1. Thermo Fisher
Scientific Inc.
16.1.1. Company Overview & Key Stats
16.1.2. Financial Performance & KPIs
16.1.3. Product Portfolio
16.1.4. SWOT Analysis
16.1.5. Business Strategy & Recent
Developments
* Similar details would be provided
for all the players mentioned below
16.2. Bio-Rad
Laboratories, Inc.
16.3. Roche Diagnostics
16.4. QIAGEN N.V.
16.5. Agilent
Technologies, Inc.
16.6. Abbott Laboratories
16.7. Takara Bio Inc.
16.8. Danaher Corporation
(Cepheid)
16.9. Merck KGaA
(MilliporeSigma)
16.10. PerkinElmer Inc.
16.11. Illumina, Inc.
16.12. Eppendorf AG
16.13. Promega Corporation
16.14. Fluidigm
Corporation
16.15. Analytik Jena AG
16.16. Others
17. Research
Methodology
17.1. External Transportations /
Databases
17.2. Internal Proprietary Database
17.3. Primary Research
17.4. Secondary Research
17.5. Assumptions
17.6. Limitations
17.7. Report FAQs
18. Research
Findings & Conclusion
Quality Assurance Process
- We Market Research’s Quality Assurance program strives to deliver superior value to our clients.
We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.
Market Research Process
We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.
To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
- Project kickoff meeting with client
- Conduct frequent client communications
- Form project steering committee
- Assign a senior SR executive as QA Executive
- Conduct internal editorial & quality reviews of project deliverables
- Certify project staff in SR methodologies & standards
- Monitor client satisfaction
- Monitor realized value post-project
Case Study- Automotive Sector
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).
Solution
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.
Market Estimates and Forecast
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.
Case Study- ICT Sector
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.
Frequently Asked Questions
What is the market size of Polymerase Chain Reaction Technologies Market in 2024?
Polymerase Chain Reaction Technologies Market was valued at USD 19.37 Billion in 2024.
What is the growth rate for the Polymerase Chain Reaction Technologies Market?
Polymerase Chain Reaction Technologies Market size will increase at approximate CAGR of 5.6% during the forecasted period.
Which are the top companies operating within the market?
Major companies operating within the market are Thermo Fisher Scientific Inc., Bio-Rad Laboratories, Inc., Roche Diagnostics, QIAGEN N.V., Agilent Technologies, Inc., Abbott Laboratories, Takara Bio Inc., Danaher Corporation (Cepheid), Merck KGaA (MilliporeSigma), PerkinElmer Inc., Illumina, Inc., Eppendorf AG, Promega Corporation, Fluidigm Corporation, Analytik Jena AG and others.
Which region dominates the Polymerase Chain Reaction Technologies Market?
North America dominates the market with an active share of 45%.
}})
Select a license type that suits your business needs
US $3499
Only Three Thousand Four Hundred Ninety Nine US dollar
- 1 User access
- 15% Additional Free Customization
- Free Unlimited post-sale support
- 100% Service Guarantee until achievement of ROI
US $4499
Only Four Thousand Four Hundred Ninety Nine US dollar
- 5 Users access
- 25% Additional Free Customization
- Access Report summaries for Free
- Guaranteed service
- Dedicated Account Manager
- Discount of 20% on next purchase
- Get personalized market brief from Lead Author
- Printing of Report permitted
- Discount of 20% on next purchase
- 100% Service Guarantee until achievement of ROI
US $5499
Only Five Thousand Four Hundred Ninety Nine US dollar
- Unlimited User Access
- 30% Additional Free Customization
- Exclusive Previews to latest or upcoming reports
- Discount of 30% on next purchase
- 100% Service Guarantee until achievement of ROI