Press Release

Real Time PCR Market to Surpass USD 25325.23 Million through 2026

Rising prevalence of target genetic disorders and increasing technological innovations in PCR tools to drive the growth of global real time PCR market.

According to TechSci Research report, Global Real Time PCR Market 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, Competition Forecast & Opportunities, 2026, global Real Time PCR market is anticipated to reach USD25325.23 million by 2026. Growing prevalence of infectious diseases like HIV/AIDS and malaria, coupled with increasing cases of genetic disorders are some of the factors propelling the growth of real time PCR market around the globe. Furthermore, technological advancements in PCR technology are also driving the growth of this market and the emergence of COVID-19 showed positive impact on Real time PCR Market. Additionally, governments and various international organizations are also investing in PCR technologies and allocating funds and grants for research and development activities. This is also providing major boost to the global real time PCR market. Additionally, use of biomarker profiling for disease diagnostics has increased over the past few years. This has led to the rise in demand for real time PCR. Also, growing demand for Rapid Diagnostics Tests (RDT) is driving the growth of real time PCR market across the globe. Moreover, demand for RDT is increasing as it provides rapid results with the help of limited healthcare infrastructure. Hence, it is also contributing to the demand for real time PCRs, which are extensively used to conduct RDT diagnostic procedures across major healthcare establishments. However, high instrument cost of real time PCRs might hamper the growth of this market. Also, technical limitations of PCRs restrict their extensive use, thereby impacting the overall growth of real time PCR market.

Browse 108 Figures spread through 110 Pages and an in-depth TOC on "Global Real Time PCR Market"

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The global real time PCR market is segmented based on product, application, end-user and region. Based on product, the market is segmented into reagents & consumables, instruments, software & services. The reagents & consumables segment holds largest market share in global real time PCR market owing to its technological benefits over traditional PCRs. Also, increasing number of probe-based multiplex genetic analysis procedures are leading to high demand for real time PCR reagents & consumables.

Based on End User, the market is fragmented into hospitals and diagnostic centers, pharmaceutical, CROs and biotechnology companies, research laboratories and academic institutes and forensic laboratories. The hospitals and diagnostic centers is expected to dominate the market in the forecast due to rising prevalence of diseases like COVID-19, cancer and genetic disorders. Additionally, clinical real time PCRs are extensively used for disease diagnosis and help in providing effective treatment.

Major players operating in the global real time PCR market include Bio-Rad Laboratories, Inc., Thermo Fisher Scientific Inc., F. Hoffmann-La Roche AG, Qiagen N.V., Abbott Laboratories, Takara Bio Inc., Agilent Technologies, Inc., Biomerieux SA., Danaher Corporation, Meridian Bioscience Inc., Promega Corporation, GE Healthcare Inc., Fluidigm Corporation, Merck Serono GmbH and Becton, Dickinson and Company. For instance, in 2021, Thermo Fisher Scientific Inc. and F. Hoffmann-La Roche AG are the leading companies in the field of real time PCR.

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“Increasing used of biomarkers for diagnosis of diseases like cancer, etc., is acting as a potential driver for real time PCR market. Moreover, with increased funds and grants by governments and various health organizations, the global real time PCR market is expected to witness an exponential growth until 2026. Research and development are key factors for the growth of any market and therefore, leading companies are indulging extensively in such activities to bring new and advanced technologies in the global market. Moreover, medical practitioners are also opting for real time PCRs instead of traditional PCRs due to the added advantage they offer over other PCR types. The North America region is dominating the overall global real time PCR market followed by Europe and APAC.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Global Real Time PCR Market 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, Competition Forecast & Opportunities, 2026” 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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