PCR And Realtime PCR Testing Market With Additive Manufacturing, Demand, Domestic Projects, Core Technology, Price, Policy And Report To 2033|Abbott Laboratories, Agilent Technologies Inc., bioMérieux SA, Bio-Rad Laboratories Inc., F. Hoffmann-La Roche Ltd.

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The PCR And Realtime PCR Testing Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2011-2022) and extends its insights into a ten-year forecast period (2024-2033).

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https://www.thebusinessresearchcompany.com/report/pcr-and-realtime-pcr-testing-global-market-report

According to The Business Research Company’s PCR And Realtime PCR Testing Global Market Report 2024, The pcr and realtime pcr testing market size has grown strongly in recent years. It will grow from $20.86 billion in 2023 to $22.03 billion in 2024 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to disease diagnosis, research and genomic studies, automation and high throughput, pharmaceutical and biotechnology applications, point-of-care testing.

The pcr and realtime pcr testing market size is expected to see strong growth in the next few years. It will grow to $27.78 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to pandemic response, precision medicine, cancer diagnostics, infectious disease surveillance. Major trends in the forecast period include infectious disease testing, point-of-care testing, digital pcr, multiplex assays.

Early detection plays a key role in treating COVID-19 patients. The real-time RT-PCR technique is a susceptible and specific testing method that can deliver a reliable diagnosis in as fast as three hours, unlike the other laboratory tests that take an average of 6 to 8 hours. Real-time RT-PCR is significantly faster and has a lower potential for contamination or errors as the entire process is within a closed tube. Therefore, currently, it is considered to be the most accurate method available for the detection of coronavirus. This has created a huge demand for the growth of PCR testing market kits.

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The pcr and realtime pcr testing market covered in this report is segmented –

1) By Product: Consumables And Reagents; Instruments; Software And Services

2) By Technology: Quantitative PCR; Digital PCR

3) By Application: Clinical Diagnostics; Life Science Research; Industrial Applications; Other Applications

4) By End-Use: Academic And Research Institutes; Pharmaceutical And Biotechnology; Clinical Diagnostics Labs And Hospitals; Other End Users

The pcr and realtime pcr testing market report table of contents includes: