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The global PCR and realtime PCR testing market size is expected to grow from $19.64 billion in 2022 to $20.86 billion in 2023 at a compound annual growth rate (CAGR) of 6.2%. The market size of the global PCR and realtime PCR testing is expected to grow to $26.12 billion in 2027 at a CAGR of 5.8%.

Polymerase chain reaction (PCR) and Real time Polymerase chain reaction (PCR) tests are used to detect and measure the DNA (or RNA) in a sample. These tests are conducted in automated thermal cyclers which are less sensitive to cross-contamination. It finds applications in cloning, genotyping, mutation testing, paternity testing, sequencing and microarrays.

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PCR And Realtime PCR Testing Market Driver
Early detection plays a key role in treating COVID-19 patients. The real-time RT-PCR technique is a highly sensitive and specific testing method that can deliver a reliable diagnosis in as fast as three hours, unlike the other laboratory tests that take an average of 6 to 8 hours. Real-time RT-PCR is significantly faster and has a lower potential for contamination or errors as the entire process is within a closed tube. Therefore, currently, it is considered to be the most accurate method available for the detection of coronavirus. This has created a huge demand for growth of PCR testing market kits.

PCR And Realtime PCR Testing Market Trends
The development of alternative technologies is expected to hinder the growth of PCR and the realtime PCR testing market. New technologies such as CRISPR, which is a rapid test are expected to be launched soon. In February 2020, Sherlock Biosciences Inc. and Mammoth Biosciences are trying to launch improved diagnostics with CRISPR-based technologies that would increase and accelerate the detection of the coronavirus to treat the patients better and also to control the further spread of the virus. The development of alternative tests is expected to hinder the PCR and RealTime PCR Testing market.

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Major Players And Regions 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.

Asia-Pacific was the largest region in the PCR and realtime PCR testing market in 2022.

PCR And Realtime PCR Testing Market Segmentation By The Business Research Company
The global PCR and realtime PCR testing market is segmented –
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

The Table Of Content For The PCR And Realtime PCR Testing Market Include:
1. PCR And Realtime PCR Testing Market Executive Summary
2. PCR And Realtime PCR Testing Market Segments
3. PCR And Realtime PCR Testing Market Size And PCR And Realtime PCR Testing Market Growth Rate
4. Key PCR And Realtime PCR Testing Market Trends
5. Major PCR And Realtime PCR Testing Market Drivers
……
25. Key Mergers And Acquisitions In The PCR And Realtime PCR Testing Market
26. Top PCR And Realtime PCR Testing Companies
27. PCR And Realtime PCR Testing Market Opportunities And Strategies
28. PCR And Realtime PCR Testing Market, Conclusions And Recommendations
29. Appendix

The PCR And Realtime PCR Testing Market Global Market Report 2023 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 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.

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