Digital PCR And Real-time PCR Market - Forecast(2022 - 2027)

Digital PCR And Real-time PCR Market - Forecast(2022 - 2027)

Global Digital PCR and Real-time PCR Market Overview

The Global Digital PCR and Real-time PCR Market size is forecasted to reach $9.4 billion by 2027 and is expected to grow at a CAGR of 9.6% during the forecast period 2022-2027. In Medical Biotechnology, polymerase chain reaction (PCR) is a strong core molecular biology technique for copying and amplifying a tiny amount of DNA sample in a short period of time. DNA strands, a set of synthetic oligonucleotides primers, a thermostable DNA polymerase, and nucleotides make up a conventional PCR. The method is widely utilized in human genome research. Two of the most common PCR techniques are Real-time PCR (qPCR) and digital PCR (dPCR). Both qPCR and dPCR provide accurate quantification of nucleic acid molecules, however, dPCR is preferred over qPCR due to enhanced precision and its ability to measure microscopic quantitative differences. The Digital PCR and Real-time PCR market is being driven due to the surge in diseases and genetic disorders. The market also got a significant boost during the Corvid 19 Pandemic where Real-time PCR has deemed the gold standard of testing, and organizations such as the International Atomic Energy Agency (IAEA) and the Food and Agriculture Organization (FAO) provided support to countries related to the adoption of the technique. These are some of the factors driving the growth of the market in the forecast period 2022-2027.

Global Digital PCR and Real-time PCR Market Report Coverage

The report: “Global Digital PCR and Real-time PCR Market Forecast (2022-2027)”, by Industry ARC, covers an in-depth analysis of the following segments of the Global Digital PCR and Real-time PCR Market.

By Type: Real-time PCR(qPCR), Digital PCR (<span lang="EN-US" times="" new="" roman";mso-bidi-font-family:calibri;mso-bidi-theme-font:minor-latin;="" color:black;mso-themecolor:text1"="" style="box-sizing: border-box;">Droplet Digital PCR (ddPCR), Microfluidics-based digital quantitative PCR (qdPCR))
By Product Type: Reagents and Kits (DNA Template, DNA Polymerase, Primers, Nucleotides), Software, Instruments (Conventional PCR machine, <span lang="EN-US" times="" new="" roman";mso-bidi-font-family:calibri;="" mso-bidi-theme-font:minor-latin;color:black;mso-themecolor:text1"="" style="box-sizing: border-box;">qPCR machine, Digital PCR machine, Others), Consumables
By Applications: Medical Diagnostics, Research, Forensic Investigations, Others
By End Users: <span lang="EN-US" times="" new="" roman";mso-bidi-font-family:="" calibri;mso-bidi-theme-font:minor-latin;color:black;mso-themecolor:text1"="" style="box-sizing: border-box;">Research Laboratories, Hospitals and Clinics, Pharmaceutical Companies, Biotechnological Companies
By Geography: North America (U.S, Canada, Mexico), South America (Brazil, Argentina, Colombia, Chile, Rest of South America), Europe (U.K, Germany, Italy France, Spain, Netherlands, Russia, Rest of Europe), Asia Pacific (China, India, Japan, Australia & New Zealand, South Korea, Rest of Asia Pacific), Rest of the World (Middle East and Africa)

Key Takeaways

• As per a survey conducted by a key player, Geographically, The North American Digital PCR and Real-time PCR market accounted for the highest revenue share in 2021. This is owing to the highly developed healthcare infrastructure in the region. In addition, the region has received funding from government institutes for research on qPCR and dPCR devices.
• Several key players across several regions, such as Bio-Rad are heavily investing in Digital PCR and Real-time PCR R&D. For instance, Bio-Rad has been consistently researching ddPCR Genome Edit Detection Assays, which can help scientists evaluate modifications by genome editing tools.
• Global Digital PCR and Real-time PCR Market Detailed Analysis on the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Global Digital PCR and Real-time PCR Market report.

Global Digital PCR and Real-time PCR Market Segment Analysis – By Type

The Global Digital PCR and Real-time PCR Market based on type can be segmented into Real-time PCR(qPCR) and Digital PCR (<span lang="EN-US" times="" new="" roman";mso-bidi-font-family:calibri;="" mso-bidi-theme-font:minor-latin;color:black;mso-themecolor:text1"="" style="box-sizing: border-box;">Droplet Digital PCR (ddPCR), Microfluidics-based digital quantitative PCR (qdPCR). Real-time PCR held the largest share in the Global Digital PCR and Real-time PCR Market in 2021 and is growing at a CAGR of 8.2% during the forecast period of 2022-2027. Real-time PCR is a well-established technique and enjoys constant demand from microbiological laboratories. It is further driven by the ease of testing that Real-time PCR instruments provide over traditional PCR instruments. As per recent estimates, Real-time PCR demand reached an all-time high in 2021 due to the increase in cases of Covid 19 with Real-time PCR kits specializing in Covid testing, being shipped to several countries worldwide. However, Digital PCR is estimated to be the fastest-growing segment during the forecast period of 2022-2027 owing to its increased precision over traditional methods. dPCR is also being preferred for the detection of rare sequences such as deep-rooted cancer and mutations.

Global Digital PCR and Real-time PCR Market Segment Analysis – By Application

The Global Digital PCR and Real-time PCR Market based on Application can be segmented into Medical Diagnostics, Research, Forensic Investigations, and Others. Research held the largest share in the Global Digital PCR and Real-time PCR Market in 2021 growing at a CAGR of 8.8% during the forecast period of 2022-2027. This is owing to their extensive application in medical and biological research facilities. The techniques are also used in Phylogenetical studies which involve the use of ancient DNA. PCR also enjoys a significant market in the area of Genetic research involving genetic modification and genetic engineering. However, Medical Diagnostic is estimated the fastest-growing segment during the forecast period of 2022-2027. This is owing to their contribution to medicine development across several disciplines. qPCR and dPCR are also used for medicinal research into the diagnosis, treatment, and cure across several disciplines.

Global Digital PCR and Real-time PCR Market Segment Analysis – By Geography

The Global Demand for Digital PCR and Real-time PCR Market based on Geography can be segmented into North America, South America, Europe, Asia-Pacific, and Rest of the World. The North America region dominated the Global Digital PCR and Real-time PCR market in 2021 with a market share of 39%. This is owing to the extensive R&D carried out by the companies in the region. North America also regularly receives funding from Government institutions such as the National Institute of Health (NIH), for the development of qPCR and dPCR instruments. The region is also riddle