Market Overview:
The global PCR reagent market is expected to grow at a CAGR of 7.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for PCR reagents in medical care and scientific research applications. Additionally, the growing awareness about PCR technology and its benefits is also contributing to the growth of this market. On the basis of type, primer accounts for the largest share of the global PCR reagent market, followed by enzyme, DNTPs, template and buffer solution. The large share of primer can be attributed to its widespread use in various applications such as DNA sequencing, gene expression analysis and genotyping.
Product Definition:
A PCR reagent is a molecular biology tool used to amplify segments of DNA. The importance of PCR reagents is that they allow scientists to make millions or billions of copies of a specific DNA sequence, making it easier to study the sequence's function and role in genetic disorders.
Primer:
A primer is an enzyme-free substance used in PCR (polymerase chain reaction) to initiate the DNA synthesis. The process of amplification can be carried out without any enzymes if the primers are appropriately selected. The selection of appropriate primers is important as it helps amplify only desired sequence and reduces possibility of amplifying other sequences such as cauliflower gene, porcine reproductive and respiratory syndrome virus among others.
Enzyme:
Enzyme is a protein catalyst that speeds up the reaction process. Enzymes are used in PCR reagents to increase the specificity of amplification and also to avoid contamination. Some of the enzymes used are Polymerase Chain Reaction (PCR) enzyme, reverse transcriptase enzyme, and ligase enzyme among others.
Application Insights:
The other application segment includes research applications and medical care. The use of PCR has revolutionized the diagnosis of genetic diseases in animals and humans. The growing adoption of molecular diagnostic techniques for the detection and characterization of infectious diseases, cancer, hematology & oncology, autoimmune disorders is expected to drive demand over the forecast period.
Medical care was estimated as the largest revenue-generating segment owing to its wide usage in various fields such as clinical diagnostics, disease gene identification & sequencing for personalized medicine, drug discovery & development (phase I-V), forensic science (DNA analysis) among others. In addition to being one of the most efficient methods available for DNA amplification; it also has a high specificity making it suitable for clinical applications where there are risks associated with contamination or mutations introduced during sample processing or transmission leading to inaccurate results or erroneous diagnoses which may eventually lead to patient harm [36].
Regional Analysis:
North America dominated the global PCR reagents market in 2017. The presence of a large number of biotechnology and pharmaceutical companies, advanced healthcare infrastructure, and high adoption rate for advanced diagnostic techniques are some factors attributing to its largest share. Moreover, increasing demand for rapid & accurate tests is also expected to drive the regional market over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rising investments by governments in developing countries such as India & China along with other South East Asian countries coupled with growing awareness regarding early disease diagnosis which would ultimately increase demand for PCR products resulting in an increased revenue generation from this region during the forecast period. Furthermore, economic development coupled with improvements in healthcare facilities would further boost regional growth opportunities over next few years.
Growth Factors:
- Increasing demand for PCR-based diagnostic tests: The global market for PCR-based diagnostic tests is expected to grow at a CAGR of 9.5% from 2016 to 2021. This growth can be attributed to the increasing incidence of infectious diseases, growing awareness about early diagnosis and treatment, and technological advancements in PCR diagnostics.
- Rising demand for personalized medicine: The global market for personalized medicine is expected to grow at a CAGR of 16% from 2016 to 2021. This growth can be attributed to the increasing prevalence of chronic diseases, growing demand for targeted therapies, and technological advancements in genomics sequencing and drug discovery technologies.
- Growing use of Next-Generation Sequencing (NGS): The global market for NGS is expected to grow at a CAGR of 18% from 2016 to 2021. This growth can be attributed to the increasing adoption of NGS technology by life science researchers, pharmaceutical companies, and hospitals/clinics worldwide due To its high throughput capacity and low cost per base pair sequencing data generated
Scope Of The Report
Report Attributes
Report Details
Report Title
PCR Reagent Market Research Report
By Type
Primer, Enzyme, DNTP, Template, Buffer Solution
By Application
Medical Care, Scientific Research, Other
By Companies
Thermo Fisher Scientific, Promega Corporation, Abbot, LGC Group, Asuragen, TAKARA BIO, Danaher Corporation, Agilent Technologies
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
202
Number of Tables & Figures
142
Customization Available
Yes, the report can be customized as per your need.
Global PCR Reagent Market Report Segments:
The global PCR Reagent market is segmented on the basis of:
Types
Primer, Enzyme, DNTP, Template, Buffer Solution
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Medical Care, Scientific Research, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Thermo Fisher Scientific
- Promega Corporation
- Abbot
- LGC Group
- Asuragen
- TAKARA BIO
- Danaher Corporation
- Agilent Technologies
Highlights of The PCR Reagent Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Primer
- Enzyme
- DNTP
- Template
- Buffer Solution
- By Application:
- Medical Care
- Scientific Research
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the PCR Reagent Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
PCR reagent is a mixture of primers and DNA polymerase that helps to amplify the target sequence in a PCR reaction.
Some of the major companies in the pcr reagent market are Thermo Fisher Scientific, Promega Corporation, Abbot, LGC Group, Asuragen, TAKARA BIO, Danaher Corporation, Agilent Technologies.
The pcr reagent market is expected to register a CAGR of 7.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 PCR Reagent Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 PCR Reagent Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 PCR Reagent Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the PCR Reagent Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global PCR Reagent Market Size & Forecast, 2018-2028
4.5.1 PCR Reagent Market Size and Y-o-Y Growth
4.5.2 PCR Reagent Market Absolute $ Opportunity
Chapter 5 Global PCR Reagent Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 PCR Reagent Market Size Forecast by Type
5.2.1 Primer
5.2.2 Enzyme
5.2.3 DNTP
5.2.4 Template
5.2.5 Buffer Solution
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global PCR Reagent Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 PCR Reagent Market Size Forecast by Applications
6.2.1 Medical Care
6.2.2 Scientific Research
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PCR Reagent Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 PCR Reagent Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America PCR Reagent Analysis and Forecast
9.1 Introduction
9.2 North America PCR Reagent Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America PCR Reagent Market Size Forecast by Type
9.6.1 Primer
9.6.2 Enzyme
9.6.3 DNTP
9.6.4 Template
9.6.5 Buffer Solution
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America PCR Reagent Market Size Forecast by Applications
9.10.1 Medical Care
9.10.2 Scientific Research
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe PCR Reagent Analysis and Forecast
10.1 Introduction
10.2 Europe PCR Reagent Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe PCR Reagent Market Size Forecast by Type
10.6.1 Primer
10.6.2 Enzyme
10.6.3 DNTP
10.6.4 Template
10.6.5 Buffer Solution
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe PCR Reagent Market Size Forecast by Applications
10.10.1 Medical Care
10.10.2 Scientific Research
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific PCR Reagent Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific PCR Reagent Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific PCR Reagent Market Size Forecast by Type
11.6.1 Primer
11.6.2 Enzyme
11.6.3 DNTP
11.6.4 Template
11.6.5 Buffer Solution
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific PCR Reagent Market Size Forecast by Applications
11.10.1 Medical Care
11.10.2 Scientific Research
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America PCR Reagent Analysis and Forecast
12.1 Introduction
12.2 Latin America PCR Reagent Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America PCR Reagent Market Size Forecast by Type
12.6.1 Primer
12.6.2 Enzyme
12.6.3 DNTP
12.6.4 Template
12.6.5 Buffer Solution
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America PCR Reagent Market Size Forecast by Applications
12.10.1 Medical Care
12.10.2 Scientific Research
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) PCR Reagent Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) PCR Reagent Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) PCR Reagent Market Size Forecast by Type
13.6.1 Primer
13.6.2 Enzyme
13.6.3 DNTP
13.6.4 Template
13.6.5 Buffer Solution
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) PCR Reagent Market Size Forecast by Applications
13.10.1 Medical Care
13.10.2 Scientific Research
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 PCR Reagent Market: Competitive Dashboard
14.2 Global PCR Reagent Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Thermo Fisher Scientific
14.3.2 Promega Corporation
14.3.3 Abbot
14.3.4 LGC Group
14.3.5 Asuragen
14.3.6 TAKARA BIO
14.3.7 Danaher Corporation
14.3.8 Agilent Technologies
