Digital PCR (Polymerase Chain Reaction) is a cutting-edge molecular biology technique used for quantifying and analyzing specific DNA or RNA sequences in a sample. Unlike traditional PCR, digital PCR provides a precise and accurate quantification of target nucleic acids in a sample, making it a valuable tool in various applications including disease diagnosis, gene expression analysis, and mutation detection. The technology involves partitioning a sample into thousands of tiny droplets or wells and performing PCR in each well, resulting in a digital representation of the target nucleic acid in a sample.
Allied Market Research has published a study report with the title Digital PCR Market Size was Valued at USD 508.80 million in 2020 and is Projected to Garner USD 1.30 billion by 2030, registering a CAGR of 8.6% from 2020 to 2030.
The growth of the digital PCR market is driven by factors such as increasing incidence of chronic diseases, technological advancements in the field of digital PCR, and growing demand for personalized medicine. On the other hand, the high cost of digital PCR devices and the lack of skilled professionals in developing countries are expected to restrain the growth of the market.
Opportunities in the digital PCR market include the growing demand for non-invasive diagnostic methods, increasing investment in research and development activities, and the growing demand for digital PCR in the fields of oncology and genetic testing. The increasing adoption of digital PCR by pharmaceutical and biotechnology companies is also expected to create significant growth opportunities in the market.
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Top Key Players Of Digital PCR
- Sysmex Corporation
- Fluidigm Corporation
- Jn medsys
- Avance Biosciences
- Merck KGAA
- Bio-Rad Laboratories, Inc.
- STILLA TECHNOLOGIES
- Thermo Fisher Scientific, Inc.
- Precigenome LLC
- QIAGEN N.V
Digital PCR Market Segmentation: –
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
- Clinical Diagnostics
- Forensic And Others
- Research
BY END USER
- Pharmaceuticals And Biotechnology Industries
- Clinical Diagnostic Laboratories
- Universities And Other Organizations
On the basis of region, North America contributed to the major market share in terms of revenue 2020, holding nearly half of the global digital PCR market. This is attributed to rise in the prevalence of cancer, presence of key players for development of digital PCR products, and increase in number of hospitals in the region. Asia-Pacific, simultaneously, is projected to cite the fastest CAGR of 10.6% from 2020 to 2030, due to surge in number of hospitals and increase in healthcare expenditure of patients across the province.
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Our Market Research Solution Provides You Answer to Below Mentioned Question:
- Which are the driving factors responsible for the growth of market?
- Which are the roadblock factors of this market?
- What are the new opportunities, by which market will grow in coming years?
- What are the trends of this market?
- Which are main factors responsible for new product launch?
- How big is the global & regional market in terms of revenue, sales and production?
- How far will the market grow in forecast period in terms of revenue, sales and production?
- Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
- How will each segment grow over the forecast period and how much revenue will these segments account for in 2030?
- Which region has more opportunities?
By Region Outlook
- North America
(U.S., Canada, Mexico) - Europe
(Germany, France, UK, Italy, Spain, Rest of Europe) - Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific) - LAMEA
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
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