PCR Market Growth: Key Factors Fueling the 5.6% CAGR Increase

The polymerase chain reaction technology market report is expected to develop at a compound annual growth rate (CAGR) of 5.6% from 2024 to 2034, and the forecast size of the global polymerase chain reaction technology market based on the average growth pattern is expected to reach 30.4 billion USD in 2034. Global sales of polymerase chain reaction technology are expected to reach 19.37 billion USD in 2024. 

Polymerase Chain Reaction (PCR) is a very robust procedure in molecular biology science that reconstructs a single or a few copies of a sequence of DNA. It is also important to generate thousands or millions of copies of a specific DNA to study diseases such as AIDS, tuberculosis, Lyme disease, and middle ear infections. Its development involves three main processes: denaturation, solidification, and expansion. It has applications in medicine, research, clinical diagnostics, and natural sciences. It has been used for what seems like forever as the standard method for testing nucleic acids (RNA and DNA) in laboratories. The following PCR technologies are available in the market: quantitative continuous (qPCR), automated PCR (dPCR), mechanized PCR, multiplex PCR, bulk PCR, and standard PCR. The need for robust image analysis systems in healthcare systems for disease detection has enabled the development of the polymerase chain reaction (PCR) technology market.  

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Market Segmentation 

1. By Type 

Conventional PCR 

Real-time PCR (qPCR) 

Digital PCR (dPCR) 

2. By Product 

Consumables & Reagents 

Instruments 

Software & Services 

3. By Application 

Medical 

Clinical 

Pathology Testing 

Oncology Testing 

Blood Screening 

Others 

Research 

Forensics & Others 

Non-Medical 

Food 

Others 

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Key Players:  

Thermo Fisher Scientific Inc. 

Roche Diagnostics 

Bio-Rad Laboratories, Inc. 

QIAGEN N.V. 

Agilent Technologies, Inc. 

Abbott Laboratories 

Danaher Corporation (Cepheid) 

Merck KGaA (MilliporeSigma) 

PerkinElmer Inc. 

Illumina, Inc. 

Takara Bio Inc. 

Eppendorf AG