In a recent published report, Kenneth Research has updated the market report for Digital PCR Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Digital PCR Market products.
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According to a report by the World Health Organization (WHO), the total health spending is growing with an annual average rate of 6% in the low- and middle-income nations, and close to 4% in the high-income countries. Further, in the year 2016, the expenditure made on health reached close to 10% of the GDP of the world and crossed a value of USD 7 trillion.
PCR enables quantification and detection of target DNA. PCR is a valuable tool in diagnosis, clinical trials and drug discovery. PCR application in critical research areas such as gene expression analysis, genotyping, viral quantification, HIV DNA detection and quantification etc. have provided valuable data to the field of medical science. Quantitative real-time PCR (qPCR) is being used largely by bio-pharma and academic labs. However, digital PCR (dPCR) are gaining focus currently.
“Final Report will add the analysis of the impact of COVID-19 on this industry.”
FDA approvals for clinical diagnosis and drugs depend on the clarity and consistency of results. For example qPCR based tests may have issues with respect to amplification efficiency that could vary with PCR primers and type of patient. Therefore, in such cases dPCR produces results that are more consistent. dPCR provide higher level of precision and greater sensitivity. This can directly affect the time span of FDA approvals.
2. Bio-Rad Labs
3. Life Technologies (Applied Biosystems and Invitrogen)
6. Agilent Technologies
7. Thermo Fisher Scientific
10. Raindance technology
11. MDX health
14. Integrated DNA technologies
15. Sony DADC
16. Ambry genetics
17. Pacific bio sciences
This Occams Research Report covers
1. Historical data
2. Revenue forecasts, growth rates and CAGR upto 2028
3. Industry Analysis
4. Competitive Analysis
5. Key geographic growth data
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