The Polymerase Chain Reactions (PCR) Devices, Reagents And Uses Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Polymerase Chain Reactions (PCR) Devices, Reagents And Uses Global Market Report 2024, The polymerase chain reactions (pcr) devices, reagents and uses market size has grown strongly in recent years. It will grow from $5.9 billion in 2023 to $6.19 billion in 2024 at a compound annual growth rate (CAGR) of 5.0%. The growth in the historic period can be attributed to rising prevalence of infectious diseases, increasing demand for clinical diagnostic services, growing demand for personalized medicine, increasing adoption of pcr in research and development.
The polymerase chain reactions (pcr) devices, reagents and uses market size is expected to see strongly grown in the next few years. It will grow to $8.25 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to covid-19 and infectious disease monitoring, cancer diagnostics and liquid biopsies, agricultural and environmental applications, expansion of pharmacogenomics, genomic research advancements. Major trends in the forecast period include digital pcr, multiplex pcr, next-generation sequencing (ngs) integration, miniaturization and portable devices, ai and data analytics, automation and robotics.
The growing prevalence of infectious diseases across the world is driving the polymerase chain reactions devices and reagents market. Polymerase chain reactions devices are used in clinical laboratories to detect the presence of infectious diseases. In a report published by the World Health Organization, it was reported that around 17 million people are killed in a year due to infectious diseases. Also, the same report stated that 30 new infectious diseases have emerged in the last 20 years. According to the National Centre for Health Statistics, 15.5 million people in the US visited a physician, due to an infectious disease. Such instances are increasing the demand for clinical diagnostic services and thereby driving the polymerase chain reactions devices and reagents market.
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The polymerase chain reactions (pcr) devices, reagents and uses market covered in this report is segmented –
1) By Product: Instruments, Reagents, Consumables
2) By Instruments: Standars PCR, RT-PCR, Digital PCR
3) By End User: Pharmaceutical and biotechnoly industries, Clinical Diagnostics labs and hospitals, Academics and research organization
Technological advancements are a key trend in gaining popularity in the port and material handling equipment vehicle market. Major companies operating in the port and material handling equipment vehicle market are focused on developing vehicles with advanced technologies to strengthen their position in the market. For instance, in May 2022, Camblift, a Sweden-based material handling equipment manufacturer launched its first reach stacker, a port and material handling equipment vehicle. The reach stacker offered a safe and ergonomic workplace with higher efficiency in production and it is available in both electric and diesel versions, with green fuel technology globally. It has the ability to be driven by clean energy.
The polymerase chain reactions (pcr) devices, reagents and uses market report table of contents includes:
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