High Resolution Melting Analysis Market is poised to touch USD 331.63 million by 2023
Added: (Wed Jun 26 2019)
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High-Resolution Melting Analysis Market: High-Resolution Melting Analysis is a technique of molecular biology used for the detection of mutations
High-Resolution Melting Analysis Market Size, Share and Growth
High-Resolution Melting Analysis Market was worth USD 277.88 Million in 2018 and is projected to be growing at a CAGR of 3.6%, to touch USD 331.63 Million by 2023.
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High-Resolution Melting Analysis Market Overview:
High-Resolution Melting Analysis is a technique of molecular biology used for the detection of mutations, polymorphisms and epigenetic differences in double-stranded DNA samples. During the process of High-Resolution Melting, 00the amplified region, termed as amplicon is precisely heated at about 50 ËšC to 95 ËšC. Between this temperatures, the amplicon reaches its melting point and the two strands of DNA are separated or melt apart from each other. The splitting of these strands is noted and compared with that of a normal person. Abnormalities are identified in these DNA strands by this comparison which yields the presence of mutations and other differences.
High-Resolution Melting Analysis Market Drivers and Restraints:
The growth of the Global High Resolution Melting Analysis Market is mainly driven by the benefits that HRM offers over its counterparts like genotyping, which are its higher efficiency, high accuracy, and smaller cycle times. Other driving factors of the market include the rising frequency of infectious diseases and genetic ailments, improving healthcare infrastructure, rising public-private investments in the genomics sector and the upsurge in the count of an elderly populace. Market growth has been compounded by the recent significant developments in next generation sequencing and big data analytics. Low awareness, technological discrepancies and the low penetration of High Resolution Melting Analysis technology are the among the constraints of market growth.
High-Resolution Melting Analysis Market segmented as
By Product Type:
• Instruments
• Reagents And Consumables
• Software And Services
By Type:
• Safety Biomarkers
• Efficacy Biomarkers
• Validation Biomarkers
By Application:
• Mutation Discovery
• SNP Genotyping
• Species Identification
• Pathogen Identification
• Epigenetics, Other Applications
By End-User:
• Pharmaceutical And Biotechnology Companies
• Research Laboratories
• Academic Institutes
• Hospitals And Diagnostic Centers
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Geographical Analysis:
The market has been geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa. North America leads the market in 2016, with the U.S. accounting for a major share. North America’s lead is justified by the presence of high-end technology, being a developed market combined with the growing incidence of genetic abnormalities. Europe comes in second in terms of market share owing to the rising awareness and establishment of HRM procedures. However, Asia-Pacific is estimated to grow at the highest CAGR during the forecast period because of the presence of exponentially greater population numbers.
Important Market Players:
The significant players in the Global High-Resolution Melting Analysis Market include Thermo Fisher Scientific Inc. (U.S.), F. Hofmann-La Roche Ltd. (Switzerland), Bio-Rad Laboratories (U.S.), and QIAGEN N.V. (Netherlands). Other players in the market include Agilent Technologies Inc. (U.S.), bioMérieux S.A. (France), Illumina, Inc. (U.S.), Meridian Bioscience, Inc. (U.S.), Novacyt (France), Azura Genomics (U.S.), Canon Biomedical (U.S.), and PREMIER Biosoft (U.S.), among others.
The Scope of the report:
This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.
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