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Thursday, October 19, 2023

Global qPCR Reagent Market is Anticipated to Grow at a CAGR of 9.2% during 2024 to 2030

The future of the global qPCR reagent market looks promising with opportunities in the pharmaceutical and biotechnology, forensic laboratory, research laboratory and academic institute, hospital and diagnostic center, and clinical research organization markets. The global qPCR reagent market is expected to reach an estimated $3.5 billion by 2030 with a CAGR of 9.2% from 2024 to 2030. The major drivers for this market are growing need for accurate and rapid molecular diagnostics, rising need for infectious disease testing, and increasing number of genome projects.

Some of the key questions answered in this exclusive report are:

Q.1. What are some of the most promising, high-growth opportunities for the qPCR reagent market by packaging method (qPCR core kits and qPCR master mixes), detection method (dye-based reagent and probe & primer-based reagent), application (diagnostic, forensic, research, and others), end use (pharmaceutical and biotechnology, forensic laboratories, research laboratories and academic institutes, hospitals and diagnostic centers, clinical research organization, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Market Segmentation:

In this market, diagnostic, forensic, and research are the major segments of qPCR reagent market by application. Lucintel forecasts that research is expected to witness highest growth over the forecast period. Within this market, hospital and diagnostic center is expected to witness highest growth over the forecast period.

North America will remain the largest region due to rising cases of chronic diseases, existence of robust healthcare infrastructure, and presence of key players in the region.

Thermo Fischer Scientific, Agilent Technologies, Affymetrix, Takara Bio, Qiagen, Bio-Rad Laboratories, and Promega are the major suppliers in the qPCR reagent market.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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