Real Time PCR Market to Grow with a CAGR of 4.56% through 2030F
Rising incidences of genetic disorders and rising demand
for personalized medicines is expected to drive the Global Real Time PCR Market
growth in the forecast period, 2026-2030
According to TechSci
Research report, “Real Time PCR Market – Global Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2030”, the Global
Real Time PCR Market stood at USD 4.33 billion in 2024 and is anticipated to
grow with a CAGR of 4.56% in the forecast period, 2026-2030. The market growth
is being driven by an increase in the incidence of infectious diseases and
genetic disorders.
This is further fueled
by the rise in the number of diagnostic centers and hospitals, which are
catering to the growing demand for healthcare services. Moreover, there is a
notable surge in public-private investments aimed at raising awareness about
illness diagnostics. The introduction of technologically sophisticated products
is playing a significant role in propelling the Global Real-Time PCR market
forward.
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The key drivers of
growth are anticipated to be the increased prevalence of target diseases and
rapid technological advancements, such as high-performance development and
advanced qPCR systems. According to the World Health Organization (WHO), cancer
was among the leading causes of death globally in 2018, accounting for 9.6
million deaths. In 2017, WHO reported that 36.9 million people were affected by
HIV infection. Infectious diseases were also identified as one of the primary
causes of death worldwide in 2016. The incidence of these diseases is projected
to rise, positioning them as potential market leaders.PCR manufacturers are
actively striving to develop novel systems and kits for molecular testing. For
instance, in January 2019, QIAGEN N.V. announced its plans to launch next
generation dPCR systems by 2020, which are expected to offer highly automated
workflows and faster turnaround times compared to current digital PCR
platforms. This technological advancement is likely to provide a significant competitive
advantage for the company.
The broad range of
applications is expected to drive the adoption of qPCR technologies across
various scientific disciplines. These technologies find extensive use in both
basic and diagnostic research, including human genetic testing, forensic
research, pathogen detection, and testing for infectious diseases. The market
is also anticipated to expand its application in areas such as food
microbiology and the veterinary industry.The increasing incidence of genetic
disorders and major infectious diseases, growing utilization of biomarker
profiling for disease diagnostics, and successful implementation of the Human
Genome Project are the primary factors driving the demand for technologically
advanced PCR tests in the forecast period. Substantial technological breakthroughs,
increased investments, funding, and grants are expected to further boost the
demand for real PCR in various applications.
The Global Real-Time PCR
Market is predicted to be driven by an upsurge in the incidence of infectious
diseases and genetic disorders, as well as an increase in the number of
diagnostic centers and hospitals. The use of genomic analysis tools in diagnosing
major infectious diseases (such as HIV, TB, malaria, and hepatitis) and genetic
abnormalities, including cancer, has witnessed significant growth over the past
decade. The rising global prevalence of target diseases, combined with the
proven efficacy of qPCR in diagnosing and estimating disease-causing
microorganisms, will propel the adoption of clinical diagnostic tests
(including qPCR and dPCR analysis) and drive market expansion.
The expansion of
healthcare infrastructure, increased healthcare expenditures, and reduced
procedural costs for qPCR-based illness diagnostics are all contributing to the
progress of these markets. The growing healthcare infrastructure in emerging
countries is accompanied by rapid advancements in healthcare facilities,
leading to increased demand for clinical diagnostic procedures in diagnostic
laboratories and higher sales of clinical qPCR and dPCR products. The public-private
investments to raise awareness about illness diagnostics and the introduction
of technologically sophisticated products are propelling the Global Real-Time
PCR Market forward.
The Global Real Time PCR
Market is segmented into product, application, end user, regional distribution,
and company.
Based on end user, hospitals
and diagnostic centers dominate among the listed end users. This is primarily
due to the widespread adoption of qPCR for clinical diagnostics, particularly
in detecting infectious diseases, genetic disorders, and cancer biomarkers.
Hospitals and diagnostic labs require rapid, sensitive, and accurate testing
platforms, and real-time PCR fits these needs exceptionally well, offering
quick turnaround times for patient management. The COVID-19 pandemic further
accelerated the deployment of qPCR across hospital networks worldwide,
reinforcing its central role in clinical diagnostics. Moreover, increasing
demand for personalized medicine and point-of-care molecular testing in
hospitals continues to drive market share. While pharmaceutical and
biotechnology companies, CROs, and research institutions use qPCR extensively
for drug development and scientific research, their demand is more specialized.
Forensic labs represent a smaller niche. Hence, the consistent, high-volume
testing needs in hospitals and diagnostics centers make them the largest and
most dominant segment globally.
Based on region, the
Asia Pacific region, on the other hand, emerges as the most lucrative market,
driven by notable advancements in PCR technology integration by countries like
China and Japan. These advancements have significantly improved the accuracy
and efficiency of diagnostic tests, leading to better patient outcomes. The emerging
economies such as India and Australia have witnessed remarkable growth in
healthcare, research and development (R&D), and clinical development
frameworks. This not only strengthens the overall healthcare infrastructure but
also creates a conducive environment for the adoption of advanced diagnostic
technologies. Collectively, these factors position the Asia Pacific market to
experience substantial growth opportunities throughout the forecast period.
Major companies
operating in Global Real Time PCR Market are:
·
Thermo
Fisher Scientific, Inc.
·
Bio-Rad
Laboratories, Inc.
·
F.
Hoffman-La Roche Ltd.
·
Abbott
Laboratories Inc.
·
Agilent
Technologies, Inc.
·
Becton
Dickinson and Company
·
Enzo
Life Sciences, Inc.
·
Promega
Corporation
·
Biomérieux
S.A.
·
Cole-Parmer
Instrument Company Llc
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“The real-time PCR
market is growing due to its expanding use in clinical diagnostics, rising
demand for personalized medicine, and ongoing technological advancements. Its
role in drug development and molecular biology has become increasingly vital,
supporting breakthroughs in drug discovery, forensic science, and clinical
R\&D. Real-time PCR is essential for developing assays, test kits, and
culture media. Its widespread adoption in disease diagnosis further fuels
market expansion, as healthcare systems prioritize accurate, rapid testing
methods. These combined factors underscore real-time PCR’s importance across
pharmaceutical, biotechnology, and life science sectors, driving consistent
growth and innovation in the global market” said Mr. Karan Chechi, Research
Director with TechSci Research, a research-based management consulting firm.
“Real Time PCR Market Segmented
By Product (Reagents & Consumables, Instruments, Software & Services),
By Application (Clinical Diagnostics, Research, Forensic), By End-User
(Hospitals and Diagnostic Centers, Pharmaceutical, CROs and Biotechnology
Companies, Research Laboratories and Academic Institutes, Forensic
Laboratories), By Region and Competition, Forecast & Opportunities, 2020-2030F”, has evaluated the future growth potential of Global Real
Time PCR Market and provides statistics & information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in Global Real Time PCR
Market.
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