Asia & Pacific Digital PCR and Real Time PCR (qPCR) Market
Added: (Thu Sep 05 2019)
Pressbox (Press Release) -
Asia Pacific digital PCR and Real Time PCR (qPCR) market: The key factor that fuel the growth of the market is rise in the incidence of infectious diseases along with genetic disorders
Market Overview:
Polymerase chain reaction (PCR) is a laboratory technique performed commonly to amplify DNA, thus producing many copies of a particular section of DNA in interest. PCR is majorly employed in the medical and biological research for different applications such as processing DNA for sequencing, detecting the presence or absence of a gene during infection, and generating forensic DNA profiles from tiny samples of DNA. The Asia Pacific digital PCR and real time PCR (qPCR) market was valued at USD 890 million in 2018 and is estimated to raise at a compound annual growth rate (CAGR) of 8.964% and is expected to reach approximately USD 1.367 billion in 2023.
Market drivers and restraints:
The key factors that boost the growth of the market are rise in the incidence of infectious diseases along with genetic disorders. In addition to that, rising advancements in PCR techniques and research activities that use PCR supplement the market growth. Nevertheless, technical shortcomings in the dPCR and qPCR, along with high prices of advanced PCR devices restrain the growth of the digital PCR (dPCR) and real-time PCR (qPCR) market. Furthermore, untapped regions and increasing transition from plant-derived drugs to genome-based drugs will offer profitable opportunities for the digital PCR (dPCR) and real-time PCR (qPCR) market.
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Report segmented as:
By technology:
• quantitative PCR (qPCR)
• digital PCR (dPCR)
By product:
• qPCR products
• dPCR products
By application:
• qPCR applications
• dPCR applications
By end user:
• quantitative PCR (qPCR) end users
• digital PCR (dPCR) end users
Geographical analysis:
On the basis of geography, the Asia Pacific market is segmented into regions namely, India, China, Japan, South Korea, and Australia. Among them China and India are the biggest market of this region as they are one the quickest growing economies.
Important market players:
The major key players operating in the Asia Pacific region are thermos fisher scientific Inc., F Hoffman-la roche ltd., bio-rad laboratories, qiagen N.V., taraka bio Inc., affymetrix Inc., agilent technologies inc., fluidigm corporation, Danaher corporation, and becton & Dickson company.
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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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