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qPCR and dPCR instrumentation market to reach a value of $3.3 billion by 2018

Press Release   •   Dec 13, 2013 11:36 GMT

The qPCR and dPCR instrumentation market has been forecast to reach a value of $3.3 billion by 2018, driven by expanding applications in research and medical diagnostic markets.

Polymerase chain reaction (PCR) represents one of the fastest growing segments in the life sciences industry. PCR has emerged as a simple yet quick method of DNA amplification and quantification, making it the most commonly used tool in the area of molecular biology.

The Human Genome Project and advances in molecular diagnosis and molecular genetics have created significant demand for qPCR and dPCR in a wide range of markets such as drug discovery, disease diagnosis, life sciences research and forensics among others.

Among various types of PCRs available, qPCR and dPCR instrumentation represent the most sought after and rapidly emerging segments.

Although qPCR instrumentation represents a mature sector, existing broad range of applications and emerging new applications transforms it into an indispensable technology for several laboratories worldwide.

With new qPCR solutions being developed by large life science companies, demand for qPCR instrumentation continues to rise despite marked decline in prices over the recent years.

Gene expression profiling is the largest application of Real-time PCR, with the capability of qPCR to detect, amplify, and quantify DNA and RNA sequences in real time, providing valuable insights to gene expression and genotyping studies.

The increasing throughput and multiplexing capabilities of qPCR systems make a strong case for inducting automation robotic systems such as liquid handling robots in the laboratory.

This trend is more pronounced among biotech and pharmaceutical companies, government research laboratories and academiccentres.

According to a recent market report, 'qPCR and dPCR Instrumentation: A Global Strategic Business Report,' the United States represents the largest market worldwide, while Japan continues to spearhead global growth with a projected compound annual growth rate of 10.1% over the next five years.

For more information on the qPCR and dPCR instrumentation market, see the latest research: qPCR and dPCR Instrumentation Market

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