Polymerase Chain Reaction (PCR) Consumables Market, By Product (PCR Tubes, PCR Microplates, Cap/Lids), Technology (Real Time, Digital, Traditional), Application (Research, Clinical), End-use (Hospital, Diagnostic Labs, CROs) – Global Forecast (2024 – 2032)
Report ID: GMI9609
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Published Date: May 2024
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Report Format: PDF
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Premium Report Details
Base Year: 2023
Companies covered: 15
Tables & Figures: 274
Countries covered: 23
Pages: 175
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Polymerase Chain Reaction Consumables Market Size
Polymerase chain reaction (PCR) consumables market size was valued at around USD 530.5 million in 2023 and is estimated to grow at 4.8% CAGR from 2024 to 2032. Polymerase chain reaction consumables are essential components used in the process of PCR, a widely used molecular biology technique for amplifying DNA sequences. The consumables encompass various materials and reagents necessary for conducting PCR reactions efficiently and accurately.
The rising investments in life sciences research geriatric population is a significant driver for the polymerase chain reaction consumables industry. Technological advancements and innovations in life sciences research have expanded the applications of PCR, driving demand for PCR consumables. For instance, according to the National Library of Medicine, in 2024, the emergence of real-time PCR and digital PCR technologies has enabled more sensitive, quantitative, and high-throughput analyses of nucleic acids, leading to increased adoption of PCR consumables in research laboratories and diagnostic facilities. As pharmaceutical companies invest in these areas to identify novel drug targets, develop personalized therapies, and streamline drug testing processes, the demand for PCR consumables grows correspondingly.
Moreover, increasing prevalence of infectious diseases, rising adoption of biochemical reagents (market size is estimated to account for USD 50.4 billion by the end of year 2032), growing awareness about PCR & NGS based diagnostic testing, rising healthcare expenditure globally, government initiatives and funding, and increasing education & awareness, are the stimulating factors fostering the growth of the market.
Polymerase Chain Reaction (PCR) Consumables Market Trends
The increasing prevalence of infectious diseases is a significant driver for polymerase chain reaction (PCR) consumables industry. PCR-based assays are highly sensitive, specific, and versatile, making them invaluable tools for the detection and characterization of infectious agents such as viruses, bacteria, fungi, and parasites.
Polymerase Chain Reaction Consumables Market Analysis
Based on product, the market is segmented into PCR tubes, PCR microplates, cap/lids, and other products. The PCR tubes segment is estimated to account for USD 352.3 million by the end of 2032.
Based on technology, the polymerase chain reaction (PCR) consumables market is divided into real time PCR, digital PCR, and traditional PCR. The real time PCR segment accounted for USD 248.1 million in 2023.
Based on application, market is divided into research and clinical. The clinical segment accounted for a market share of 64.2% in 2023.
Based on end-use, the polymerase chain reaction consumables market is segmented into hospitals and clinical diagnostic laboratories, pharmaceutical and biotechnology companies, academic and research institutes, contract research organizations (CROs), and other end-users. The hospitals and clinical diagnostic laboratories segment held a market size of USD 177.7 million in the year 2023.
U.S. polymerase chain reaction (PCR) consumables market is anticipated to grow at CAGR of 4.4% during the analysis timeframe.
Germany market is anticipated to witness lucrative growth between 2024 – 2032.
Japan polymerase chain reaction consumables market is expected to grow significantly over the years.
UAE polymerase chain reaction consumables industry is anticipated to witness lucrative growth between 2024 – 2032.
Polymerase Chain Reaction Consumables Market Share
The polymerase chain reaction (PCR) consumables industry is highly competitive, marked by several players striving for market dominance. Providers offer comprehensive products with improved efficiency and affordability. This includes advancements in structure, materials used, data reporting, sensor design, and customization. Competition is driven by factors such as the quality, reliability, performance, cost, and compliance with regulatory standards. Strategic partnerships with companies and healthcare networks play a crucial role in market positioning.
Polymerase Chain Reaction Consumables Market Companies
Some of the eminent market participants operating in the polymerase chain reaction consumables industry include:
Polymerase Chain Reaction (PCR) Consumables Industry News:
The polymerase chain reaction (PCR) consumables market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2021 – 2032 for the following segments:
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Market, By Product
Market, By Technology
Market, By Application
Market, By End-use
The above information is provided for the following regions and countries: