What Is The PCR And Realtime PCR Testing Market Overview In 2022?
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The PCR and realtime PCR testing market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 5%, as per The Business Research Company’s market report!
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The PCR And Realtime PCR Testing Market Size In 2022 And Forecast
The global PCR and realtime PCR testing market is expected to grow from $18.5 billion in 2021 to $19.64 billion in 2022 at a compound annual growth rate (CAGR) of 6.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The polymerase chain reaction (PCR) and real-time polymerase chain reaction (PCR) testing market is expected to grow to $24.61 billion in 2026 at a CAGR of 5.8%.
The polymerase chain reaction (PCR) and real-time polymerase chain reaction (PCR) testing market consists of sales of PCR and real-time PCR testing services and its related products.
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Need For Early Detection Of Chronic Diseases Is Driving The Growth Of The PCR And Realtime PCR Testing Market
With the onset of chronic diseases, there has been a priority to detect the cause of the disease to decrease its onset on people, for the drug discovery and to start the appropriate treatment at the appropriate time, which enables faster cure and also save maximum lives and decreases its after-effects. The RT-PCR test is the standard test for the recent COVID-19 (coronavirus) pandemic. It is used for its high sensitivity, which enables it to detect early infection. Therefore, the need for early detection is propelling the PCR and real-time PCR testing market.
Competitive Landscape And The Regional Analysis Of The PCR And Realtime PCR Testing Market
Major players in the PCR and realtime PCR testing market are Abbott Laboratories, Agilent Technologies Inc., Biomerieux Sa, Bio-Rad Laboratories, F.Hoffmann-La Roche Ltd (Roche Diagnostics), Qiagen N.V., Genmark Diagnostics, Thermo Fisher Scientific Inc., General Electric Company (Ge Healthcare), and Danaher.
Additionally, as per TBRC’s research – Asia Pacific was the largest region in the PCR and realtime PCR testing market in 2021 holding the largest market share.
The PCR And Realtime PCR Testing Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the PCR and realtime PCR testing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the PCR and realtime PCR testing market.
Coming Up With New Test Kits And Systems – A Key Trend In The PCR And Realtime PCR Testing Market
The companies in the PCR and RT PCR Testing market are coming up with new test kits and systems for the diagnosis of diseases.
PCR And Realtime PCR Testing Market Segmentation By The Business Research Company
1) By Product: Consumables And Reagents, Instruments, Software And Services
2) By Application: Clinical Diagnostics, Life Science Research, Industrial Applications, Other Applications
3) By Technology: Quantitative PCR, Digital PCR
4) By End-Use: Academic And Research Institutes, Pharmaceutical And Biotechnology, Clinical Diagnostics Labs And Hospitals, Other End Users
Here Are Some Reports Related To The PCR And Realtime PCR Testing Market –
Polymerase Chain Reactions (PCR) Devices, Reagents And Uses Global Market Report 2022
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Hospital Acquired Infections Testing Kits Global Market Report 2022
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