According to the global digital PCR market report by IMARC Group, the market reached a value of US $ 7.9 Billion in 2022, and it is projected to reach a value of US$ 7.9 Billion by 2028, exhibiting a CAGR of 10.5% during 2023-2028.
What are Digital PCR?
Digital polymerase chain reaction, or digital PCR (dPCR), represents an end-point, high-throughput absolute quantitative analytics that aids in measuring the DNA or RNA count of a given sample in a precise and sensitive way. Compared to its traditional counterparts, digital PCR uses a wide range of methods, such as droplet-based, chip-based, and beaming dPCR, to facilitate diverse applications. As a result, digital PCR methods are extensively used in basic and diagnostic research, including human genetic testing, pathogen detection, and forensic sciences.
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What Are The Growth Prospects And Trends In The Digital PCR Industry?
The increasing healthcare expenditure on molecular diagnosis across the globe, on account of the growing prevalence of numerous diseases, including genetic disorders, COVID-19, lung cancer, brain tumors, etc., is among the key elements stimulating the digital PCR market report. Moreover, the escalating demand for early diagnosis and treatment has resulted in extensive RD that focuses on genetic technologies, which is acting as another significant growth-inducing factor.
Besides this, continuous technological advancements in PCR technologies and the development of innovative devices for droplet, chip-based, beam, and crystal dPCR by major market players are positively influencing the global market. Furthermore, the widespread adoption of dPCR devices in reference laboratories for detecting genetic mutations and identifying pathogens is also propelling the market growth. Apart from this, the launch of favorable initiatives undertaken by governmental and federal agencies across the globe, the shifting preferences from plant-derived to genome-based drug discovery, and the rising applications of these devices in food microbiology and veterinary medicine are anticipated to fuel the digital PCR market over the forecasted period.
What Is Included In Market Segmentation?
The report has segmented the market into the following categories:
Breakup by Product Type:
- Digital PCR Equipment
- Consumables and Reagents
- Software and Services
Breakup by Technology:
- Droplet Digital PCR
- BEAMing Digital PCR
Breakup by Application:
- Clinical Diagnostics
- Forensics
- Research
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Who Are The Key Players Operating In The Industry?
The report covers the major market players including:
- Asahi Kasei Corporation
- Braun Melsungen AG
- Baxter International Inc.
- Becton Dickinson and Company
- DaVita Inc.
- Fresenius Medical Care AG Co. KGaA
- JMS Co. Ltd.
- Medtronic plc
- Nikkiso Co. Ltd.
- NIPRO Corporation
- Satellite Healthcare Inc.
- and Toray Industries Inc.
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