qPCR Reagents Market Industry Growth Prospects & Trends Analysis by 2024

A qPCR, also known as real-time polymerase chain reaction, is a lab method of molecular biology-dependent on the polymerase chain reaction. qPCR screens the magnification of the specific DNA segment during the polymerase chain reaction, that is, in real time, contrary to the conventional polymerase chain reaction that screen at the end of the process. qPCR can be used in two different variations, namely, semi-quantitative real-time polymerase chain reaction and quantitative real-time polymerase chain reaction. Owing to the increasing demand for the qPCR reagents, the global market is expected to grow in the near future.

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The prominent factors propelling the growth of the global qPCR reagents market include increasing patient population for genetic disorders and infectious diseases, the rise in aged population, and advancement in technologies in the life sciences domain. The other major factors boosting the growth of the global market are increasing private and public funds, grants, and investments for studies based on PCR and the successful achievement of the human genome project. However, technical restrictions related to qPCR may hinder the growth of the global qPCR reagents market.

The global qPCR reagents market can be segmented based on end-user, packaging method, application, detection method, and region. The end-user segment of the market is divided into pharmaceutical and biotechnology companies, hospitals and diagnostic centers, forensic laboratories, research laboratories and academic institutes, and clinical research organizations. The packaging method segment of the global market is classified into qPCR mastermixes and qPCR core kits. The application segment of the global qPCR reagents market is diversified into research, forensic, and diagnostic. The detection method segment of the market is sub-segmented into the probe and primer-based reagents and dye-based reagents.

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North America is assumed to dominate the global qPCR reagents market in the near. The major factors attributing to the growth of this region are the rise in private and public funding to enlarge the application of qPCR, high acuity of qPCR technologies among the end users, cost reduction in genome sequencing, and constant product enhancements in the area of qPCR reagents. Asia Pacific is also anticipated to grow at a faster pace in the coming period due to growing attempts to boost alertness related to gene-based disease treatment and analysis, rising concentration of global life sciences industries in this region, increasing private and public support to expand new digital PCR technologies, rising cancer study in Japan, and the growth of the genomics market in India.

The prominent key players in the global qPCR reagents market include Bio-Rad Laboratories Inc., Thermo Fisher Scientific, F. Hoffmann-La Roche, Ltd., Takara Bio, and Affymetrix Inc. The other key players in the global market are Agilent Technologies Inc., Sigma-Aldrich Corporation, Quanta Biosciences Inc., Qiagen N.V., and Promega Corporation.

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