qPCR Instruments Market Analysis Report By Instrument, By Region And Segment Forecasts From 2021 To 2028

Report ID: MN17620343  |  Published: January 2022  |  No of Pages: 109
Format: Electronic (PDF)  |  Industry: Medical Devices

Synopsis

The global qPCR instruments market was prized by USD 1.07 billion in 2020. It is estimated to witness 3.4% CAGR from 2021 to 2028.

Drivers

Rising demand for qPCR instruments, technical progressions and increasing occurrence of illness are the factors, projected to steer the market during the forecast period. Augmented concentration on diagnostics, credited to the increase of Covid-19, which is expected to boost the demand for qPCR instruments, during the near future.

North America qpcr instruments market

The requirement for qPCR apparatuses along with the consumables is pushed by the SARS-CoV-2 pandemic. The rise in the occurrence of Covid-19 is likely to considerably enhance the figure of precautionary screenings.

The frequency of transferable diseases, persistent diseases and genetic complaints like Parkinson’s, Alzheimer’s, and Turner syndrome, has speedily augmented. This is anticipated to stimulate the enlargement of the qPCR instruments market.

Growing acceptance of qPCR technologies is likely to boost the growth of this market. As a result of sensitivity, concurrent quantification, automation, accuracy and precise results, the implementation of qPCR techniques is rising. qPCR presents a broad variety of input nucleic acids, creating it an efficient, in addition to, helpful tools in research function.

Instrument Insight

The GeneXpert section held major, more than 20.0% revenue share of the market, in 2020. It is projected to observe the highest expansion, during the forecast period. This is credited to its augmented acceptance speed throughout the SARS-CoV-2 pandemic, used for the discovery of the disease. This arrangement offers easy to use designs, 24/7 testing accurateness and workflow elasticity. They present numerous tests on a solo, scalable, as well as combined workplace.

Global qpcr instruments market

Important features of this arrangement comprise self-containment, extended conveyor as well as loading region, greater adjustability, extended test shuttle, augmented accumulator capability and touch screen. In addition, it contains quieter, faster and extra strong robotic framework.

In 2020, the Bio Fire Film Array systems section detained the subsequent leading revenue share because of the fast as well as precise automatic recognition of pathogens and infectivity in respiratory, gastrointestinal, meninges tract and in blood by the device. The device exists in Bio Fire Film Array 2.0 and Bio Fire Torch System type.

On account of its low down weight, which is creating it transportable as well as simple to operate, The BMS Mic system section is projected to develop. The apparatus gives quick PCR results by means of conclusion of 32 PCR sequences within 25 minutes. Besides, features like Bluetooth can improve its connectivity to laptop or a PC. Moreover, numerous Mic qPCR systems can be linked to single working computer, by this means increasing the figure of samples, which can be examined to obtain results.

Regional Insight

In 2020, North America, held the major, 40.82% revenue share and dominated the global qPCR instruments market. It is projected to retain its advantage during the forecast period. The rising presentation of new products and increasing authoritarian backing are the factors can be credited to the enlargement of this local market. As contrast to other regions, the big number of devices set up in North America shows its greater analytical capability. But, it decreases the chances for the setting up of fresh devices.

Asia Pacific is likely to be the highest rising local market during the forecast period. The most important available openings in the type of constructive financial development, rising projects for technical research, and unmet health check requirements are the main drivers of the enlargement of this market.

Besides, in Europe, planned initiatives by new-fangled companies in addition to the increasing amount of funds are the factors, speeding up the development of the market. For example, The Discovery Labs teamed up with Deerfield Management Company to discover a gene treatment CDMO with the funds of USD 1.1. Billion, in January 2020.

Companies

As the market for qPCR instruments is aggressive. The companies are building on innovative instruments to attain a share of this profitable market, in addition to be continuously taking on different policies to increase domination within the market. Concurrent PCR contain a variety of important outer alternates; together with highly developed instruments similar to dPCR along with recently build on Nano plasmonic PCR.

To offer extra products in addition to create extra business, major companies are using their presented customer group within the region. In favor of those trademarks, which have by now created trust in the market, this policy is helpful.

Some of the companies for qPCR instruments market are:

    • Azure Biosystems, Inc.
    • bioMérieux SA
    • Agilent Technologies, Inc.
    • Danaher Corporation
    • F. Hoffmann-La Roche Ltd.
    • Bio Molecular Systems
    • Quantabio
    • Abbott
    • Qiagen
    • Bio-Rad Laboratories, Inc.
    • Thermo Fisher Scientific, Inc.

Report Scope

Report Attribute

Details

Market size value in 2021

USD 898.98 million

Revenue forecast in 2028

USD 1,394.75 million

Growth Rate

CAGR of 3.4% from 2021 to 2028

Base year for estimation

2020

Historical data

2017 - 2019

Forecast period

2021 - 2028

Quantitative units

Revenue in USD million/billion and CAGR from 2021to 2028

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Instrument, region

Regional scope

North America; Europe; Asia Pacific; Latin America; MEA

Country scope

U.S.; Canada; U.K.; Germany; France; Italy; Spain; China; India; Japan; Brazil; Mexico; South Africa; UAE

Key companies profiled

Thermo Fisher Scientific, Inc.; F. Hoffmann-La Roche Ltd.; Bio-Rad Laboratories, Inc.; Danaher Corporation; Qiagen; Agilent Technologies, Inc.; Abbott; bioMérieux SA; Quantabio; Azure Biosystems, Inc.; Bio Molecular Systems

Customization scope

Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail of customized purchase options to meet your exact research needs. 

 

Segments Covered in the Report

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2017 to 2028. For the purpose of this study, Million Insights has segmented the global qPCR instruments market report on the basis of instrument and region:

• Instrument Outlook (Revenue, USD Million, 2017 - 2028)
    • 7500
    • QuantStudioDx Real-Time PCR System
    • QuantStudio 5 Real-Time PCR System
    • ViiA 7 Dx
    • StepOne/ StepOne Plus
    • LightCycler 2.0/ 96/ 480/ 1536
    • Cobas 4800
    • CFX96
    • SmartCycler
    • GeneXpert
    • Rotor-Gene Q 5Plex HRM System
    • Rotor-Gene Q
    • BioFireFilmArray Systems
    • BMS Mic System

• Regional Outlook (Revenue, USD Million, 2017 - 2028)
    • North America
        • U.S.
        • Canada
    • Europe
        • U.K.
        • Germany
        • France
        • Italy
        • Spain
    • Asia Pacific
        • Japan
        • China
        • India
        • Latin America
        • Brazil
        • Mexico
    • Middle East & Africa
        • South Africa
        • UAE

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