The rising number of infectious diseases caused due to the food contamination is creating the huge demand for real-time PCR systems. The widespread of spoilage is caused due to the contamination and the intake of such foods results in foodborne illness and therefore, the adoption of real-time PCR systems is increasing rapidly. Moreover, increasing number of people facing foodborne illness is creating the demand for real-time PCR systems in order to determine the presence of human pathogens and microorganisms. Furthermore, the growing demand for packaged foods is also one of the major factors which drives the growth of real-time PCR systems market. In addition, increasing food safety standards and rising focus on food security is compelling food & beverages manufactures towards the adoption of real-time PCR systems.
Real-time PCR systems are the laboratory equipments which are used to amplify the copies of specific DNA segment. The rising prevalence of chronic and infectious diseases is propelling the growth of real-time PCR systems market. Furthermore, the advancements in various sectors such as forensics, diagnostics, and proteomics research is creating the potential growth opportunities for real-time PCR Systems market.
Real-time PCR Systems Market: Drivers and Challenges
The rapid growth in the analytical instruments market is the primary factor driving the growth of the real-time PCR systems market. Also, the increasing adulteration of food products and growing need for accurate diagnosis are creating potential growth opportunities for real-time PCR systems market. Furthermore, the research & development spending of government coupled with the increasing number of food safety & diagnostics standards is also fuelling the growth of real-time PCR systems market.
Apart from this, the surge in demand for real-time PCR systems for sample preparations and for accurate data analysis and interpretation at the time of high sample volumes and shorter timelines is also driving the growth of real-time PCR systems. In addition, the continuous demand for advanced real-time PCR systems for various research areas such as pathogen detection, genetic diseases, oncology, and pharmacogenomics is also propelling the growth of real-time PCR systems market.
The high cost of real-time PCR systems is the primary factor which hampers the growth of real-time PCR systems market. Moreover, the reluctance of small and medium size organizations towards the adoption of real-time PCR systems due to limited budget is the major challenge for the growth of real-time PCR systems market.
Real-time PCR Systems Market: Competition Landscape
Prominent players in the global real-time PCR systems market are Thermo Fisher Scientific, Agilent Technologies, Abbot Laboratories, Danaher Corporation, Bio-Rad Laboratories Inc., QIAGEN, GE Healthcare, Abbott, Hoffmann-La Roche AG, and Fluidigm Corporation.
Real-time PCR Systems Market: Regional Overview
On the basis of geography, North America is expected to capture the large market share in terms of revenue in the real-time PCR systems market, due to the growing adoption of advanced real-time PCR systems for food safety and analysis and presence of various key real-time PCR systems manufacturer in the region. Europe and Asia Pacific are also anticipated to capture substantial market shares in the global real-time PCR systems market, owing to the presence of various testing laboratories, pharmaceutical, and research facilities in various countries of these regions. Moreover, the growth in food, chemical, and pharmaceutical sectors of countries in Asia Pacific is also creating the huge demand for real-time PCR systems. Furthermore, the real-time PCR systems markets in MEA and Latin America are expected witness moderate growth owing to the growing investments in the research and development sector of various countries in these regions.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.
The report covers exhaustive analysis on:
- Real-time PCR Systems Market Segments
- Real-time PCR Systems Market Dynamics
- Real-time PCR Systems Market Size
- Supply & Demand
- Current Trends/Issues/Challenges in Real-time PCR Systems Market
- Competition & Companies Involved in Real-time PCR Systems Market
- Real-time PCR Systems Market Value Chain
- Real-time PCR Systems Market Drivers and Restraints
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina, Peru, Chile, Rest of LATAM)
- Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Eastern Europe, Rest of Europe)
- CIS & Russia
- Asia Pacific Excluding Japan ( Greater China, India, South Korea, ASEAN Countries, Rest of APEJ)
- Middle East and Africa (GCC Countries, Turkey, Iran, Israel, S. Africa, Rest of MEA)
Real-time PCR Systems Market: Segmentation
Segmentation of Real-time PCR Systems Market on the Basis of Product Type:
- Consumables and Reagents
Segmentation of Real-time PCR Systems Market on the Basis of Application:
- Blood and Oncology Testing
- Pathogen testing
- Research & Development
- Forensic Science
Segmentation of Real-time PCR Systems Market on the Basis of End User:
- Clinical Research Organizations
- Research Laboratories
- Educational Institutes
- Diagnostic Centres
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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