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Global Digital PCR Market to Reach US$ 215 Mn in Revenues by 2026

Press release Description

Albany, New York, March 8, 2018: A new research study titled “Global Market Study on Digital PCR: Europe Projected to be Second Largest Regional Market Through 2026” has recently been added to the repository of Market Research Reports Search Engine (MRRSE). The report offers detailed analysis and insights on the digital PCR market, projecting global revenues to surpass US$ 215 Mn by the end of 2026.

According to the report, the adoption of digital PCR is growing steadily among end users on account of its efficacy in detection of pathogens. These procedures are also widely used in the detection of viral load and the quantification of next generation sequencing. Broader trends pertaining to increasing emphasis on advancing the sphere of molecular diagnostics and favorable government policies and support is likely to propel market growth over the forecast period. On account of its growing applications in healthcare, the digital PCR market is projected to grow at 8.7% CAGR during the assessment period.

For in-depth analysis, the report has divided the global digital PCR market into segments and sub-segments which are application, end user, product type and region. On the basis of application segment, the global market is further sub-segmented into Forensic Testing, Applied Research, Basic Research and Clinical Diagnostics. The end user segment is categorized into Agriculture Companies¸ Forensic Labs, Research Institutes and Pharmaceutical Companies. By product type segment, the report has divided the market into Services, Consumables and Instrument. Region wise, the global market is divided into key regions which are North America, Europe, Latin America, Asia Pacific Excluding Japan and Middle East and Africa and Japan.

According to the report, North America is likely to remain one of the largest markets for digital PCR during the assessment period. The adoption of digital PCR in North America is likely to remain high in the US, with Canada also witnessing steady growth rates. The adoption of digital PCR is highest in basic research segment, and it is highly likely that this segment will grow robust increase during the assessment period. Research institutes are likely to remain the largest end-users for digital PCR during the assessment period, whereas adoption is growing at a steady clip in forensic institutions.

The report profiles the product and business strategy of the leading players in the market. Some of the key companies profiled in the report are Thermo Fisher Scientific Inc, Fluidigm Corporation, JN Medsys, Bio-rad Laboratories Inc, STILLA Technologies and Formulatrix.

Browse Full Global Digital PCR Market Report with TOC :

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