Global qPCR Reagent Market 2017-2021

qPCR reagent market overview

Technavio’s market research report identifies that the increasing demand for drug discovery and pharmacogenomics will be one of the primary growth drivers for the global qPCR reagent market till 2021. The organisms present in diseases like Ebola and Chikungunya are identified using the qPCR with reverse-transcriptase. This in turn, helps in the development of drugs that fight against specific organisms. The application of qPCR in veterinary infectious diseases is also gaining popularity.

Some of the diseases caused by veterinary pathogens include avian influenza, foot-and-mouth disease, bluetongue viruses. qPCR reagents are also used in developing personalized diagnostics. The adoption rate of qPCR will continue to grow because this procedure provides results in a short duration. Technavio’s market research analysts predict that this market will grow at a CAGR of more than 7% by 2021.

qPCR reagent market growth analysis based on geography

The presence of established and largest biopharma clusters in the Americas is positively influencing the global qPCR reagent market. In 2016, the majority of investments in the biotechnology and pharmaceutical sector were witnessed from the US. The national institutes of health support the human genome project in the field of genetic engineering and molecular diagnostics. Such constant development of new technologies and funding will continue to boost the application of qPCR machine in the region.

qPCR reagent market forecast: Competitive landscape and key vendors

The qPCR reagent market is characterized by the presence of top players. These players are trying to sustain in this competitive environment by launching new and innovative products. They are also focusing on the development of advanced qPCR technique using current techniques. Furthermore, the low middle-income countries like South-East Asian countries are adopting these new techniques to reduce the disease burden.

Key vendors in the qPCR reagent market

• Agilent Technologies
• Bio-Rad Laboratories
• F. Hoffmann-La Roche
• Thermo Fisher Scientific

qPCR reagent market segmentation by end-users

• Hospitals and diagnostic centers
• Pharmaceutical and biotechnology industries

The hospitals and diagnostic centers segment accounted for the majority market share during 2016 due to its wide application in the routine diagnosis and the sensitivity of the technique. The enhancement in innovative methods of disease testing such a digital PCR (dPCR) will drive the influx of patient pool in this segment. The digital PCR (dPCR) enables the multi-channel amplification of DNA. The qPCR kit market will continue to grow in this segment due to the increase in the routine diagnostics of infectious disease testing.

qPCR reagent market by product

• Dye-based qPCR reagents
• Probe-based qPCR reagents

The application of dye-based qPCR reagents is gaining popularity because it provides approximate quantification at a low cost. They are also used to detect and quantify a wide range of pathogens and microbes. The demand for dye-based qPCR reagents will continue to increase during the estimated period because these dyes act as intercalating agents that bind to the DNA molecules.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global qPCR reagent market?
• What are the key market trends impacting the growth of the global qPCR reagent market?
• What are the challenges to market growth?
• Who are the key vendors in the global qPCR reagent market?
• What are the market opportunities and threats faced by the vendors in the global qPCR reagent market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global qPCR reagent market?

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