Polymerase Chain Reaction Market

Polymerase Chain Reaction Market - New report by MarketsandMarkets™

The overall market for Polymerase chain reaction (PCR) technology has observed steady growth due to the expansion in its application areas and increased accuracy and precision. Specific technology segments of the Polymerase chain reaction (PCR) market, such as dPCR (digital PCR) and qPCR (real-time PCR), are witnessing higher market growth owing to their benefits such as real-time process monitoring, low reagent consumption, automation of workflow, and greater reproducibility and precision. The real-time PCR segment commanded the largest share of the global PCR market in 2014, due to several factors including technological advancements, increasing use of qPCR in research and medical diagnostics, growing use of robotics for lab automation, and expansion of installation base.

Sensitivity, data consistency, and high-throughput ability have the highest importance among large reference laboratories and blood banks, due to their highly specialized requirement and high test volume. Most of the tests performed in reference laboratories are referred from physicians offices, hospitals, and other healthcare facilities like nursing homes, as these tests need specialized equipment that cannot be afforded by these small facilities. Large reference laboratories and blood banks have low budgetary constraints than other end users, and they prefer efficiency of instruments over brand. Hence, price and brand of the instruments are least important parameters for these end users.

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Small and medium-sized laboratories and diagnostics centers have rated sensitivity, consistent quality of data, and price of Polymerase Chain Reaction instruments as prime selection criteria for Polymerase Chain Reaction machines. This is because many healthcare systems lack the necessary budget to implement specialized Polymerase Chain Reaction solutions.

Other factors such as ease of use, services and support, and brand of a system also play a crucial role in the overall purchase mechanism of Polymerase Chain Reaction system. Manufacturers of Polymerase Chain Reaction systems need to focus on these factors in order to increase their customer base and establish a strong foothold in the market.

Related Reports:

Polymerase Chain Reaction Market – Usage Pattern and Replacement Trends, End User Analysis, Pricing Analysis, Comparative Analysis, Competitive Landscape Comparative Analysis and End User Preference Study

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Polymerase Chain Reaction Market Size,  Share & Growth Report
Report Code
MD 4175
RI Published ON
3/17/2016
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