Real-Time PCR Market Estimated to Grow with a Healthy CAGR During Forecast Period 2020-2027

Wiseguy0114 Nov, 2022Other

According to MRFR analysis, the global real-time PCR (qPCR) market is expected to register a CAGR of ~8.92 from 2021 to 2027 and hold a value of ~USD 8,398.55 million by 2027. The global real-time PCR market is driven by continued efforts by PCR manufacturers to develop novel kits and systems to be used in molecular diagnostic testing. For example, in January 2019, Qiagen N.V.(Germany) developed next-generation qPCR systems, which were launched in April 2020. The new system isprojected to offer highly automated workflowand quick turnaround time. This factor is likely to provide a significant competitive advantage to the company, fueling the overall market growth of Real-time PCR (qPCR).