Albany, New York, September 11, 2018: Rise in PCR R&D, innovation in pharmacogenomics, and the trend of self-diagnosis for prevention, are a few key factors that are expected to boost the global PCR market. In addition, increasing R & D activities in molecular biology, genetic engineering, and forensics are also expected to play a significant positive role in market growth. Owing to high usage in various tests for detection of infectious diseases and the rising population of elderly people, the reagent PCR segment is expected to continue its dominance over other counterparts for the foreseeable future. Revenues from the polymerase chain reaction (PCR) market are estimated to grow to US$ 7 Bn through 2026. These insights have been taken from the report titled “Polymerase Chain Reaction (PCR) Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026” added recently to the massive repository of Market Research Reports Search Engine (MRRSE).
As end-users, the pharmaceutical and biotechnology industries have maintained their hold as market share leaders, owing to extensive use in research and development processes. Hospitals and diagnostic clinics have also displayed significant usage of PCR techniques to identify a number of life-threatening diseases. On the other hand, the arrival of alternative technology such as next-generation sequencing and the prohibitive cost of commercial PCR technologies are expected to constrain the PCR market.
Extensive use of PCR techniques for advanced diagnosis of health issues such as cancer and metabolic diseases, along with the introduction of automated PCR systems are driving the PCR market in North America and developed countries in Europe owing to higher purchasing power and relatively relaxed regulatory approval processes.
Key market players are utilizing strategies to include new products in their portfolio through mergers, acquisitions, and partnerships with the top pharmaceutical and biotechnology companies by offering new technologically advanced product innovations.
Polymerase Chain Reaction Market: Report Overview
The report delivers a comprehensive analysis & forecast on the polymerase chain reaction market, in terms of value (US$ Mn) with the relevant CAGR, for the period of 2018 through 2026. Vital data, such as political, social, and economic factors that impact development and demand for PCR have been examined in-depth in this report.
A complete view of the key market players of the PCR industry has been offered here, with details such as overview of the company, SWOT, financials, recent events, business strategies, and the portfolio of products, to help the readers understand the competitive situation among major and new market players.
Polymerase Chain Reaction Market: Research Methodology
Extensive primary and secondary research has been used, for extracting relevant insights on the polymerase chain reaction market. Comprehensive face-to-face discussions and interviews with key industry experts and opinion leaders to gain useful insight into market trends, market size, competitive scenario, and growth rates. Primary research is the major part of the research efforts, which has been supported with extensive secondary research.
Leading and emerging market players in the PCR market have been examined, and sources such as press releases, annual reports, and other relevant databases have been studied for analysis on the market’s situation. The research approach and methodologies employed here are regarded as very accurate and effective to gain actionable intelligence on the market data, understanding factors affecting market players and recognizing previously untapped business opportunities.
Browse Full Global Polymerase Chain Reaction Market Report with TOC : https://www.mrrse.com/pcr-technologies-market
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