PCR Systems Market Size by Segments, Share, Regulatory, Reimbursement, Installed Base and Forecast to 2033
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PCR Systems Market Report Overview
The PCR Systems market size was $700.3 million in 2023. The market is expected to grow at a CAGR of more than 5% during 2023-2033. Polymerase Chain Reaction (PCR) systems are used to perform nucleic acid amplification, typically in support of investigations concerning the diagnosis or prognosis of cancer or infectious disease.
PCR Systems Market Outlook, 2023-2033 ($ Million)
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The PCR Systems market research report has been created to understand market behavior, which will help identify quantitative market trends in the In Vitro Diagnostics therapeutic area. The model discusses in detail the impact of COVID-19 on the PCR Systems market for the year 2020 and beyond. The report has extensively covered pipeline products and technologies, which will help in identifying companies with the most robust pipeline. This, in turn, will assist in predictive analysis for designing your in-licensing and out-licensing strategies.
Market Size (2023) | $700.3 million |
CAGR (2023-2033) | >5% |
Forecast Period | 2023-2033 |
Historical Period | 2015-2022 |
Key Segments | · Automated qPCR Systems
· Digital PCR Systems · Semi Automated qPCR Systems |
Key Regions | · North America
· Europe · Asia Pacific · South and Central America · Middle East and Africa |
Leading Companies | · Bio-Rad Laboratories Inc
· Thermo Fisher Scientific Inc · F. Hoffmann-La Roche Ltd · Qiagen NV · bioMerieux SA |
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PCR Systems Market Dynamics
Factors such as reliability, advanced amplification technology, and fast testing mechanisms led to an increase in the market for PCR systems. In both developed and developing countries, PCR systems are installed in hospital and reference laboratory settings. Primary research participants indicate that these machines are typically purchased outright rather than being rented or leased.
PCR Systems Market Segments
The key segments in the PCR Systems market are automated qPCR systems, digital PCR systems, and semi-automated qPCR systems. Automated qPCR systems led the PCR Systems market in 2023. Such PCR systems contain prefilled reagents/cartridges that are required to amplify the DNA/RNA samples and require no sample preparation or separate extraction. The software performs the function of detecting amplified samples, analyzing samples, and providing results for the same.
PCR Systems Market Analysis by Segments, 2023 (%)
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PCR Systems Market Segmentation by Regions
The key regions in the PCR Systems market are North America, Europe, Asia Pacific, South and Central America, and the Middle East and Africa. In 2023, North America dominated the PCR Systems market, and the sales are expected to remain strong during the forecast period. Increased prevalence of cancer cases, increased incidence of multiple infectious diseases, and a growing preference amongst physicians for precision medicine will drive the growth of the North American PCR systems market.
PCR Systems Market Analysis by Regions, 2023 (%)
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PCR Systems Market - Competitive Landscape
A few of the leading companies in the PCR Systems market are:
- Bio-Rad Laboratories Inc
- Thermo Fisher Scientific Inc
- Hoffmann-La Roche Ltd
- Qiagen NV
- bioMerieux SA
Bio-Rad Laboratories Inc dominated the market in 2023.
PCR Systems Market Analysis by Companies, 2023 (%)
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Segments Covered in the Report
PCR Systems Segments Outlook (Value, $ Million, 2015-2033)
- Automated qPCR Systems
- Digital PCR Systems
- Semi Automated qPCR Systems
PCR Systems Regional Outlook (Value, $ Million, 2015-2033)
- North America
- Europe
- Asia Pacific
- South America
- Middle East & Africa
Key Inclusions
Currently marketed PCR Systems and evolving competitive landscape:
- Insightful review of the key industry trends.
- Annualized total PCR Systems market revenue by segment and market outlooks from 2015-2033.
- Market-level data on units, average selling prices, and market values.
Global, Regional, and Country level market specific insights:
- Qualitative market-specific information is available with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
- SWOT analysis for the PCR Systems market.
- Competitive dynamics insights and trends provided for the PCR Systems market.
Get an in-depth understanding of consumer behavior through the market access segment and the overview of the healthcare system. The report also offers information on reimbursement policies and the regulatory landscape.
- Country-specific overview of the healthcare system.
- Country-specific reimbursement policies.
- Country-specific medtech regulatory landscape.
Robust methodologies and sources enable the model to provide an extensive and accurate overview of the market. Demand and supply-side primary sources are integrated within the syndicated models, including Key Opinion Leaders. In addition, the report helps determine market trends through real-world data sources including government procedure databases, hospital purchasing databases, and proprietary online databases.
Companies covered: F. Hoffmann-La Roche Ltd, Bio-Rad Laboratories Inc, Thermo Fisher Scientific Inc, Qiagen NV, Abbott Laboratories, bioMerieux Inc, Becton Dickinson and Co, Siemens AG, Danaher Corp, Standard BioTools Inc, Hologic Inc, and Others.
Countries covered: United States, United Kingdom, Germany, France, Italy, Spain, Brazil, China, India, Russia, Japan, Australia, Canada, Mexico, South Korea, Denmark, Ireland, Netherlands, New Zealand, South Africa, Sweden, Switzerland, Austria, Belgium, Finland, Israel, Norway, Poland, Portugal, Taiwan, Czech Republic, Greece, Hungary, Turkey, Egypt, Saudi Arabia, United Arab Emirates, Argentina, and Chile.
Scope
This Market Model gives important, expert insight you won’t find in any other source. The model illustrates qualitative and quantitative trends within the specified market. The model will benefit the following stakeholders:
- CMO executives who must have deep understanding of the PCR Systems market place to make strategic planning and investment decisions.
- Sourcing and procurement executives who must understand crucial components of the supply base in order to make decisions about supplier selection and management.
- Private equity investors who need a deeper understanding of the market to identify and value potential investment targets.
Reasons to Buy
- Understand the impact of COVID-19 on the PCR Systems market.
- Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline.
- Develop business strategies by understanding the trends shaping and driving the PCR Systems market.
- Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the PCR Systems market in the future.
- Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the company share of market leaders.
- Identify emerging players with potentially strong product portfolios and create effective counterstrategies to gain a competitive advantage.
- Track device sales in the global and country-specific PCR Systems market from 2015-2033.
- Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments, and strategic partnerships.
Bio-Rad Laboratories Inc
Thermo Fisher Scientific Inc
Qiagen NV
Abbott Laboratories
bioMerieux Inc
Becton Dickinson and Co
Siemens AG
Danaher Corp
Standard BioTools Inc
Hologic Inc
Others
Frequently asked questions
-
What was the PCR Systems market size in 2023?
The PCR Systems market size was $700.3 million in 2023.
-
What will the PCR Systems market growth rate be during the forecast period?
The PCR Systems market is expected to grow at a CAGR of more than 5% during 2023-2033.
-
Which region dominated the PCR Systems market in 2023?
North America accounted for the highest share of the overall PCR Systems market in 2023.
-
Which segment led the PCR Systems market in 2023?
Automated qPCR Systems led the PCR Systems market in 2023.
-
Which are the leading companies in the PCR Systems market?
A few of the leading companies in the PCR Systems market are Bio-Rad Laboratories Inc, Thermo Fisher Scientific Inc, F. Hoffmann-La Roche Ltd, Qiagen NV, and bioMerieux SA , among others.
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