Factors such as the technological advancements in PCR technologies; increasing investments; rising incidence of target infectious diseases and genetic disorders; funds, and grants; increasing use of biomarker profiling for disease diagnostics; and successful completion of the Human Genome Project are driving the growth of this market. However, the high instrument costs—especially that of dPCR—and the technical limitations of PCR have restricted their greater use.
According to the research report dPCR and qPCR market is projected to reach $7.6 billion by 2025, at a CAGR of 9.0% between 2020 and 2025.
Based on products & services, the qPCR market is categorized into instruments and software & services, reagents and consumables. The qPCR reagents and consumables segment is expected to command the largest share of the qPCR products & services market in 2020.
The global dPCR and qPCR market is highly competitive, with many large, medium-sized, and small market players. As of the financial year ended in March 2019, the global dPCR and qPCR market was dominated by Thermo Fisher Scientific (US), F. Hoffmann-La Roche, Ltd. (Switzerland) and Bio-Rad Laboratories Inc. (US).
Thermo Fisher Scientific held the leading position in the dPCR and qPCR market in 2019. Thermo Fisher Scientific focuses on strengthening its position in the market by adopting organic and inorganic strategies such as product launches and expansions. In line with this strategy, including the SureTect Cronobacter Species Real-Time PCR Assay (2016), Thermo Fisher Scientific launched several products, Axiom Africa Array (2017), QuantStudio 5 Real-Time PCR System (2017), and TaqMan Digital PCR Liquid Biopsy Assays (2017). Thermo Fisher Scientific developed several PCR kits and assays for diagnostics and research. To combat the COVID-19 outbreak. It received US FDA EUA for the SARS‑CoV‑2 multiplex real-time PCR test and launched the AcroMetrix Coronavirus 2019 (COVID-19) RNA Control in 2020.
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