DUBLIN, July 22, 2021--(BUSINESS WIRE)--The "PCR and Realtime PCR Testing Global Market Opportunities and Strategies to 2030: COVID-19 Implication and Growth" report has been added to ResearchAndMarkets.com's offering.
The global polymerase chain reaction (PCR) and real-time polymerase chain reaction (PCR) testing market reached a value of nearly $22,380 million in 2020, having increasing at a compound annual growth rate (CAGR) of 28.11% since 2015. The growth is mainly due to the increase in demand for these tests due to the pandemic.
The market is expected to decline at a CAGR of -10.93% from 2020 to reach $12,546.83 million in 2025. The global polymerase chain reaction (PCR) and real-time polymerase chain reaction (PCR) testing market is expected to stabilize and reach $17,054.69 million in 2030, at a CAGR of 6.33%.
North America was the largest region in the global polymerase chain reaction (PCR) and real-time polymerase chain reaction (PCR) testing market, accounting for 34.5% of the total in 2020. It was followed by Asia Pacific, Western Europe, and then the other regions. Going forward, the fastest-growing regions in the polymerase chain reaction (PCR) and real-time polymerase chain reaction (PCR) testing market will be South America and Eastern Europe, where growth will be at CAGRs of -8.2% and -8.5% respectively. These will be followed by the Africa, and Middle East where the markets are expected to grow at CAGRs of -8.6% and -9.1% respectively, during 2019-2025.
The top opportunities in the polymerase chain reaction (PCR) and real-time polymerase chain reaction (PCR) testing market segmented by product will arise in the instruments segment, which will decline by $1,623.4 million of global annual sales by 2025. The top opportunities in the polymerase chain reaction (PCR) and real-time polymerase chain reaction (PCR) testing market segmented by end-user will arise in the industrial application end-user segment, which will decline by $872.5 million of global annual sales by 2025. The polymerase chain reaction (PCR) and real-time polymerase chain reaction (PCR) testing market size will decline the least in Indonesia at $85.8 million.
Scope of the report:
1) By Product: Consumables & Reagents; Instruments; Software
2) By End-Users: Clinical Diagnostics; Life Science Research; Industrial Applications; Others
Companies Mentioned: Agilent Technologies, Inc.; F. Hoffmann-La Roche AG; Thermo Fisher Scientific, Inc.; bioMerieux SA; Bio-Rad Laboratories, Inc.
Metrics Covered: Number of Enterprises; Number of Employees
Countries: China; India; Japan; Australia; Indonesia; South Korea; USA; Brazil; UK; Germany; France; Russia
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita, PCR and realtime PCR testing indicators comparison.
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Agilent Technologies, Inc.
F. Hoffmann-La Roche AG
Thermo Fisher Scientific, Inc.
Bio-Rad Laboratories, Inc.
General Electric Company
Becton Dickinson And Company
NuHigh Biotechnologies Co. Ltd
Beijing Applied Biological Technologies Co. Ltd.
Dirui Industrial Co., Ltd.
Fapon Biotech Inc.
Heal Force Bio-meditech Holdings Limited
Integrated BioSystems Co. Ltd.
Jiangsu Bioperfectus Technologies Co., Ltd.
Roche Diagnostics India Pvt Ltd
Abbott India Limited
Qiagen India Pvt Ltd
Becton Dickinson Private Limited
Bio-Techne India Private Limited
F. Hoffmann-La Roche AG
Siemens Healthineers AG
Biocartis Group NV
Siemens Healthineers Ukraine
TestLine Clinical Diagnostics s.r.o.
Agilent Technologies Inc.
Bio-Rad Laboratories Inc.
Thermo Fischer Scientific Inc.
Beckmen Coulter Inc.
Rain Dance technologies
B. Braun Melsungen
For more information about this report visit https://www.researchandmarkets.com/r/kk0ejr
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