Cart
0

Global Digital PCR Market Expected to Reach $1,206 Million by 2025

 
 

quote The high efficiency of digital PCR with improved reliability and sensitivity is expected to help increase the demand for digital PCR in the field of forensics and clinical diagnostics quote

Onkar Sumant
Manager, Healthcare 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 by Technology, Product Type, Application, and End User: Global Opportunity Analysis and Industry Forecast, 2018 - 2025,"the global digital PCR market was valued at $318 million in 2017, and is projected to reach $1,206 million by 2025, growing at a CAGR of 18.0% from 2018 to 2025. North America was the highest contributor to the digital PCR market in 2017; however, Asia-Pacific is expected to witness the highest growth during the forecast period.

Digital PCR is a simple and reproducible method that does not rely on a calibration curve for sample target quantification. It allows precise, highly sensitive quantification of nucleic acids. It is used for absolute quantification and analysis of minority sequences. This type of 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 digital PCR, 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.

The major factors that drive the growth of the digital PCR market are rise in prevalence of infectious disease, increase in awareness and acceptance of personalized medicines, and technological advancements in the field of digital PCR.

However, high cost of digital PCR devices and reimbursement issues limit the market growth. However, increase in funding for R&D activities is anticipated to provide numerous opportunities for the market growth during the forecast period.
Based on technology, the market is bifurcated into droplet digital PCR (ddPCR) and BEAMing digital PCR. The ddPCR segment was the major revenue contributor in 2017, and is anticipated to continue this trend during the forecast period, ddPCR technique provides a precise measure of DNA molecules through each drop. In addition, the massive sample partitioning is a key aspect of the droplet digital PCR technique, which increases the demand.

Depending on type, the market is categorized into digital PCR systems, consumables & reagents, and software & services. The software & services segment is projected to experience rapid growth during the forecast period, as the software helps improve the efficiency of management of digital PCR data and thus, rise in demand for these products propels the market growth.

North America was the leading revenue contributor to the global digital polymerase chain reaction market in 2017, 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 19.1% during the study period, as it offers lucrative opportunities for the molecular diagnostics players due to increase in number of patients suffering from chronic diseases and improvement in healthcare facilities in the region.

Key Findings of the Digital PCR Market:

  • Based on application, the forensics segment is projected to grow at the highest rate during the analysis period.
  • North America dominated the global digital PCR market in 2017 and is projected to continue its dominance in future.
  • China is expected to grow at the highest rate in Asia-Pacific during the forecast period.
  • Based on product type, consumables and reagents was the largest contributor in 2017.
  • Based on technology, the ddPCR segment generated the highest revenue and is expected to continue its dominance in future.

The key players operating in the global digital PCR market include Bio-Rad Laboratories, Inc. (RainDance Technologies, Inc.), Expedeon AG, Fluidigm Corporation, JN Medsys, Merck KGaA, Qiagen N.V. (Formulatrix, Inc.), Stilla Technologies, Sysmex Corporation (Sysmex Inostics GmbH), and Thermo Fisher Scientific, Inc.

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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

Abhinav Rautela
Communications Officer
Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
mediacommunications@alliedanalytics.com

 
 

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 (ddPCR) and BEAMing Digital PCR), Product Type (Digital PCR Equipment, Consumables & Reagents, and Software & Services), Application (Clinical diagnostics, Research, and Forensics), and End User (Clinical Diagnostic Laboratories, Pharmaceuticals and Biotechnology Industries, and University and Government Organizations): Global Opportunity Analysis and Industry Forecast, 2018 - 2025 quote

View Report
 
 

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 scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to eliminate redundant information to provide valued information and save time of the reader

 

Featured Readings

 
rep-img

Published Date Apr 2019

Potting Compound Market

Download Sample
 

Get Fresh content delivered

Get insights on topics that matter to your business. Stay updated on the area that interest you.

 
Get Industry Data Alerts