Increasing incidences of infectious, chronic, and genetic diseases to drive the India polymerase chain reaction (PCR) devices market in the forecast period, 2023-2027.
According to TechSci Research report, “India Polymerase Chain Reaction (PCR)Devices Market – By Region, Forecast and Opportunities, 2017-2027”, the India polymerase chain reaction (PCR) devices market is anticipated to grow at a significant rate in the forecast period, 2023-2027. Polymerase chain reaction (PCR) is a technique used in laboratory for rapidly producing or amplifying millions to billions of versions of a certain segment of DNA, which can then be studied in detail. The rise in occurrences of various diseases, high demand for personalized and precision medicine, adoption of technological advancements, and rising awareness among masses in the country are the primary factors driving the demand for the India polymerase chain reaction (PCR) devices market. The growing expansion of healthcare facilities, growing R&D activities, increasing use of PCR techniques in clinical diagnostics, favorable initiatives undertaken by government bodies, and growth of the geriatric population are expected to influence the market demand.
However, the high qPCR device costs, and stringent regulatory policies may hamper the growth of the market in the forecast period.
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The India polymerase chain reaction (PCR) devices market is segmented into type, end user, and company.
Based on type, the market is divided into quantitative PCR, digital PCR, and others. Based on quantitative PCR, the market is further divided into product, application, and end user. Based on product, the market is further divided into reagents & consumables, instruments, and software & services. Based on application, the market is further divided into medical v/s non-medical. Based on medical application, the market is further divided into clinical applications, research, and forensics. Based on clinical applications, the market is further divided into pathogen testing, oncology testing, blood screening, and others. Based on research applications, the market is further divided into stem cell research, DNA cloning & sequencing, recombinant DNA technology, and others. Based on non-medical applications, the market is further divided into food, agricultural biotechnology, and others. Based on end user, the market is further divided into hospitals & clinics, diagnostic laboratories, pharmaceutical & biotechnology companies, and others. The posterior segment is expected to witness a rise over the forecast period. This is attributed to rise in the edentulous population and the lower cost of dentures.
Based on digital PCR, the market is further divided into type, product, application, and end user. Based on type, the market is further divided into droplet digital PCR systems and chip-based digital PCR systems. Based on product, the market is divided into reagents & consumables, kits & assays, and systems. Based on application, the market is divided into oncology, infectious diseases, rare diseases, reproductive genetics, and others. Based on end user, the market is further divided into hospitals & clinics, diagnostic laboratories, pharmaceutical & biotechnology companies, and others.
Based on end user, the market is further divided into hospitals & clinics, diagnostic laboratories, pharmaceutical & biotechnology companies, and others. Diagnostic laboratories segment is anticipated to grow during the forecast period. This is attributed to the growing occurrences of genetic, chronic and infectious diseases, and large patient pool.
Major companies operating in India polymerase chain reaction (PCR) devices market are:
- Thermo Fisher Scientific India Private Limited
- Bio-Rad Laboratories (India) Private Limited
- Qiagen India Pvt Ltd
- Cole-Parmer India Pvt. Ltd.
- Abbott India Limited
- Roche Diagnostics India Pvt. Ltd.
- Molbio Diagnostics Pvt. Ltd.)
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“India is expected to witness a significant growth in the upcoming years due to increasing prevalence of chronic and infectious diseases, growing adoption of technological advancements, and growing population base. Rising public and private investments, increasing awareness among patients about early diagnosis of these diseases, untapped opportunities, and product launches by the local players in the region is expected to grow through 2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
“India Polymerase Chain Reaction (PCR) Devices Market – By Type (Quantitative PCR, Digital PCR, Others), By End User (Hospitals & Clinics, Diagnostic Laboratories, Pharmaceutical & Biotechnology Companies, Others), By Region, Competition Forecast & Opportunities, 2027”, has evaluated the future growth potential of India polymerase chain reaction (PCR) devices and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in India polymerase chain reaction (PCR) devices market.
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