Global polymerase chain reaction(PCR) market overview

According to PCR Market forecast, our analysts predict that this market will grow rapidly and will post a CAGR of more than 8% over the forecast period. PCR has extensive applications in various fields including diagnosis of infectious diseases, in forensics, and various other biologicals purposes. It is primarily used in the diagnosis of diseases, such as middle ear infections, tuberculosis, and Lyme diseases. In the recent years, PCR has also been vastly used in forensic applications like DNA fingerprinting to identify a particular person accurately and quickly. Moreover, various molecular research applications, such as DNA sequencing, DNA cloning, and gene expression also use the polymerase chain reaction. With the significant increase in funding and grants offered by various global bodies to develop new solutions in different fields, the market for PCR solutions, including instruments and consumables will have a positive impact in the coming years.

In the recent years, many manufacturers of PCR solutions have either established or have expanded their current manufacturing and sales networks in APAC. The APAC region has a rising geriatric population, which will translate into the increasing incidences of chronic diseases like cancer, and PCR is extensively used to study and analyze gene anomalies and mutations associated with such diseases. Moreover, the vendors are migrating their manufacturing facilities to APAC as it is not only economical in terms of operations but also gives them access to the domestic markets in the region and in turn, contributes to the overall PCR market growth.

Competitive landscape and key vendors

The global PCR market is widely diversified owing to the presence of many international and regional players. This market is anticipated to grow steadily due to the increasing applications of PCR testing in the field of medical diagnosis and forensic sciences. Currently, the market is dominated by vendors such as Abbott Laboratories, Agilent Technologies, Bio-Rad Laboratories, GE Healthcare, and Thermo Fisher Scientific. The vendors in the market are focusing on product development with new features to meet the changing demands of end-users.

Key vendors in this market are 

• Agilent Technologies
• Bio-Rad
• Qiagen
• Roche Diagnostics
• Thermo Fisher Scientific

Other prominent vendors in the market are Beckman Coulter, Becton, Dickinson and Company, bioMérieux, Cepheid, Clontech Laboratories, Eppendorf, Fluidigm, GE, Harvard Bioscience, Kapa Biosystems, Maxim Biotech, PerkinElmer, Promega, RainDance Technologies, and Siemens Healthcare.

Product segmentation and analysis of the PCR market 

• PCR consumables
• PCR instruments

During 2015, the PCR consumables segment held more than 60% of the total market share and will continue to dominate the market until the end of the predicted period. PCR consumables segment comprises enzymes, reaction buffers, primers, and reagent kits, which are used in all types of polymerase chain reactions including standard PCR, qPCR, and dPCR. Moreover, carrying out PCR requires the repeated and abundant use of consumables such as reagents and buffers to conduct tests and experiments. With technological advancements in reaction buffers, most reagents and enzymes have greater stability and enhanced activity resulting in the enhanced value of PCR and RT-PCR techniques.

Geographical segmentation and analysis of the PCR market

• Americas
• APAC
• EMEA

In terms of geography, the Americas dominated the market and is expected to hold close to 53% of the market’s revenue shares. The US is one of the highest revenue contributors to this market as the country is home to a large number of pharmaceutical companies that use PCR testing for disease diagnosis and new drug development. Moreover, factors such as an increase in public and private funding and significant financial aid from various global agencies and federal institutions to develop advanced and futuristic qPCR and dPCR solutions will create a favorable environment for the growth of this market in the Americas.

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global PCR market?
• What are the key market trends impacting the growth of the global PCR market?
• What are the challenges to market growth?
• Who are the key vendors in the global PCR market?
• What are the market opportunities and threats faced by the vendors in the global PCR market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global PCR market?

Technavio also offers customization on reports based on specific client requirement.

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• Global Molecular Diagnostics Market 2016-2020
• Global Oncology Molecular Diagnostics Market 2015-2019
• Global DNA Forensic Market 2016-2020
• Global DNA Sequencing Products Market 2016-2020