The global digital PCR market size is prophesied to reach 1,847.0 million by 2029 on account of the increasing adoption of dPCR over real-time PCR. The value of the market was USD 428.7 million in 2021 and USD 413.0 million in 2022, exhibiting a CAGR of 23.9% during the forecast period 2022 to 2029. Digital PCR or polymerase chain reaction is a method of measuring RNA or DNA present in a sample in a reproducible manner. They are used for amplification and quantification of nucleic acids.
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Increasing Investments on Use of Biomarkers for Diagnostic Procedures will Augment Growth
The increasing prevalence of target infectious, genetic, and chronic diseases are the two major factors propelling the global digital PCR market growth. Besides this, continuous research and development activities for effective dPCR devices will also aid in the expansion of the market in the coming years. In addition to this, the rising investments, funds, and government support for using biomarkers for diagnostic purposes will also add impetus to the market.
On the contrary, the technical limitations of dPCR and qPCR methodologies may pose a major challenge to the market. This, coupled with the high cost of devices may hamper the future market. Nevertheless, the rising inclination to genome-based drug discovery from plant-based drug discovery is expected to create lucrative growth opportunities for the market in the coming years.
Report Scope:
Report Coverage | Details |
Forecast Period | 2022 to 2029 |
Forecast Period 2022 to 2029 CAGR | 23.9% |
2029 Value Projection | USD 1,847.0 Million |
Base Year | 2021 |
Market Size in 2022 | USD 413.0 Million |
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Segments:
Droplet dPCR Segment to Hold Lion’s Share due to Increasing Product Unveilings for Infectious Disease Diagnosis
By type, the market is classified into droplet digital PCR, chip-based digital PCR, and others. In 2021, the droplet dPCR segment held the highest market share and is predicted to expand at a considerable CAGR during the forecast period, 2022-2029.
Instruments to Hold a Prime Share due to Growing Acceptance of dPCR
Based on product, the market is segmented into instruments, and reagents & consumables. The instruments segment held the biggest market share in 2021 and is predicted to extend at a considerable CAGR during the forecast period.
Medical Confirmed Efficiency of dPCR in Infectious Ailments to Upsurge Demand
Based on indication, the market is segmented into infectious diseases, oncology, genetic disorders, and others. The genetic disorders segment led the market in 2021 and is anticipated to expand at a moderate CAGR during the forecast timeframe, 2022-2029.
Regional Insights:
North America to Dominate Owing to Financially Stable Population
North America was valued at USD 189.9 million in 2021 and is predicted to extend at a substantial CAGR during the forecast period. The growth is due to the greatly conscious and financially steady population. The region held the largest digital PCR market share.
Europe is projected to expand at a moderate CAGR during the forecast timeframe. The growth is accredited to the robust infectious diagnostics volume in prime European nations and increasing expenditure on research and development in Europe.
The market in the Asia Pacific is anticipated to grow at the highest CAGR during the forecast period.
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List of Key Players Mentioned in the Report:
- QIAGEN (Germany)
- Thermo Fisher Scientific Inc. (U.S.)
- Bio-Rad Laboratories, Inc. (U.S.)
- JN Medsys (Singapore)
- Stilla (France)
- Sysmex Corporation (Japan)
- Standard BioTools Inc. (U.S.)
- Precigenome LLC. (U.S.)
Table of Contents
- Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Key Insights
- Prevalence of Chronic Disorders (Infectious diseases, Cancer)
- Key Industry Developments – Mergers, Acquisitions, Partnerships & New Product Launch
- Technological Advancements in Digital PCR
- Regulatory Scenario by Key Countries/Region
- Global Digital PCR Market Analysis, Insights and Forecast, 2015-2026
- Key Findings / Summary
- Market Analysis, Insights and Forecast – By Type
- Droplet Digital PCR
- Chip-based Digital PCR
- Others
- Market Analysis, Insights and Forecast – By Product
- Instruments
- Reagents & Consumables
- Market Analysis, Insights and Forecast – By Indication
- Infectious Diseases
- Oncology
- Genetic Disorders
- Others
- Market Analysis, Insights and Forecast – By End User
- Hospitals & Clinics
- Pharmaceutical & Biotechnology Industries
- Diagnostic Centers
- Academic & Research Organization
- Market Analysis, Insights and Forecast – By Region
- 6.1. North America
- 6.2. Europe
- 6.3. Asia Pacific
- 6.4. Latin America
- 6.5. Middle East & Africa
- North America Digital PCR Market Analysis, Insights and Forecast, 2015-2026
- Key Findings / Summary
- Market Analysis – By Type
- Droplet Digital PCR
- Chip-based Digital PCR
- Others
- Market Analysis – By Product
- Instruments
- Reagents & Consumables
- Market Analysis – By Indication
- Infectious Diseases
- Oncology
- Genetic Disorders
- Others
TOC Continued…..
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