0

Digital PCR Market Expected to Reach $1.3 Billion by 2030

 
2022
Digital PCR Market

Report Code : A00532

quote Alarming rise in prevalence of cancer, impact of COVID-19 pandemic, and advancement in digital PCR technology are expected to notably contribute toward the growth of the global Digital PCR market during the forecast period quote

Onkar Sumant - Manager
Life Sciences at Allied Market Research

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

According to a new report published by Allied Market Research, titled, “Digital PCR Market," The digital PCR market size was valued at $508.82 million in 2020, and is estimated to reach $1,305.3 Billion by 2030, growing at a CAGR of 8.6% from 2021 to 2030. Digital polymerase chain reaction (dPCR) is a laboratory method used to make many copies of very tiny amounts of the specific DNA from a sample. PCR allows these pieces of DNA to be amplified so that they can be detected. In addition, it is used for absolute quantification and analysis of minority sequences.

Digital PCR enhances the sensitivity of real-time PCR and detects rare events such as single nucleotide mutations in a population of wild type sequences. With dPCR, a sample is partitioned so that individual nucleic acid molecules within the sample are localized and concentrated within many separate regions. After PCR amplification, nucleic acids may be quantified by counting the regions that contain PCR end product and positive reactions. PCR may be used to look for certain changes in a gene or chromosome, which may help find and diagnose a genetic condition or a disease, such as cancer. It may also be used to look at pieces of the DNA of certain bacteria, viruses, or other microorganisms to help diagnose an infection.

The dPCR system is utilized for various applications, such as to measure varying degrees of cancer mutations, for cancer biomarker studies & copy number variation. It is also used to detect rare DNA target copies & resolve copy number variation states with superior sensitivity & resolution. Moreover, the digital PCR system is also used for pathogen detection, to carry out next-generation sequencing, to conduct accurate quantification & qualification of NGS libraries without the use of a standard curve, for gene expression analysis and for food testing.

Depending on technology, the market is fragmented into droplet digital PCR (ddPCR), chip based digital PCR, and BEAMing digital PCR. The ddPCR segment was the major revenue contributor in 2020, owing to the fact that ddPCR technique provides a precise measure of DNA molecules through each drop. In addition, massive sample partitioning is a key aspect of the droplet digital PCR technique, which increases the demand. On the other side, demand for chip based digital PCR has also increased day by day, as it reduces the risk of cross contamination, which is further anticipated to boost the digital PCR market growth.

On the basis of product type, the market is categorized into digital PCR systems, consumables & reagents, and software & services. The software & services segment is projected to exhibit the fastest growth during the forecast period, as the software helps improve the efficiency of management of digital PCR data. Thus, there is an increase in the demand for these products, thereby propelling the digital PCR market trends.

The COVID-19 outbreak is anticipated to have a positive impact on the growth of the digital PCR market size as digital PCR tests are used for diagnosis of COVID-19 infection. The rise in prevalence of COVID-19 infection boosts the growth of market. For instance, according to world health organization (WHO) report, as of 19 December 2021, over 273 million cases and over 5.3 million deaths have been reported globally. In addition, increase in number of dedicated COVID-19 diagnostic centers further contributes in growth of digital PCR industry.

KEY FINDINGS OF STUDY

  • On the basis of technology, the droplet digital PCR segment was the highest contributor to the digital PCR market share in 2020.
  • Based on product type, digital PCR systems segment dominates the market in 2020
  • Depending on application, clinical diagnostics segment was the highest contributor to the market in 2020.
  • By end user, pharmaceuticals & biotechnology industries segment dominates the market in 2020.
  • Region wise, North America garnered the largest revenue share in 2020, whereas Asia is anticipated to grow at the highest CAGR during the forecast period.

North America was the leading revenue contributor to the global digital polymerase chain reaction market in 2020, and is expected to remain dominant throughout the forecast period. This is attributed to its well-developed healthcare industry, presence of leading molecular diagnostics manufacturers in the region, and rise in number of patients using personalized medicines. However, Asia-Pacific is expected to grow at the highest CAGR of 10.6% during the forecast period, as it offers lucrative opportunities for molecular diagnostics players due to increase in number of patients suffering from chronic diseases and improvement in healthcare facilities in the region.

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
 
 

First time buyer?
Check offers and discount on this report
To get this report

Click Here
 
 

quote Digital PCR Market by Technology (Droplet Digital Pcr, Chip Based Digital Pcr, Beaming Digital Pcr), by Product Type (Digital Pcr Systems, Consumables And Reagents, Software And Services), by Application (Research, Clinical Diagnostics, Forensic And Others), by End User (Pharmaceuticals And Biotechnology Industries, Clinical Diagnostic Laboratories, Universities And Other Organizations), : Global Opportunity Analysis and Industry Forecast, 2021-2030 quote

View Report
 
 

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 2,000 niche industries and company profiles on more than 12,000 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.

 
 

WHY ALLIED MARKET RESEARCH?

INFLALLIBLE METHODOLOGY

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

ANALYST SUPPORT

For complete satisfaction

CUSTOMIZATION

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
rep-img

Published Date Feb 2024

HIV Injection Market

Download Sample

Buy Full Version
"Digital PCR Market"
Purchase Enquiry

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of the scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save the time of readers