USD 5.95 Billion
Digital PCR Market Size, Share, Growth Analysis, By Offerings (qPCR/dPCR Reagents and Consumables, qPCR/dPCR Instruments), By End User (Hospitals and Diagnostic Laboratories, Academic and Research Institutes), By Application (Clinical, Research), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG35G2206 |
Region:
Global |
Published Date: August, 2024
Pages:
219
|Tables:
89
|Figures:
76
Digital PCR Market Insights
Global Digital PCR Market size was valued at USD 6.83 Billion in 2022 and is poised to grow from USD 8.5 Billion in 2023 to USD 15.86 Billion by 2031, at a CAGR of 9.02 % during the forecast period (2024-2031).
Growth in the global digital PCR market, or Polymerase Chain Reaction, can be attributed to the heightened demand for precise and sensitive quantification and analysis of nucleic acids. Digital PCR is indispensable in research applications, diagnosis of illness, and genetic testing because of its unparalleled sensitivity and accuracy. The aim of the market is to provide cutting-edge molecular diagnostic solutions that allow medical professionals, academic institutions, and researchers to obtain proper and dependable findings leading to enhanced patient care and scientific breakthroughs. The key drivers for the market are an escalating incidence of infectious diseases and genetic abnormalities, a demand for tailored therapy, and progress achieved in genomic research. Apart from these, other barriers in the market are costly digital PCR instruments and limited end-user knowledge. Two of the latest major developments in the industry also involve the development of multiplex digital PCR assays that permit detection of many targets simultaneously, and the integration of digital PCR with next-generation sequencing technologies. Factors such as increased adoption of digital PCR in developing countries, growing applications in the diagnosis of infectious diseases and cancer, and new product launches with advanced features are currently driving the market despite immense hurdles.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
droplet digital PCR (ddPCR)
Fastest Growth
droplet digital PCR (ddPCR)
Growth Rate
9.02% CAGR
Global Digital PCR Market ($ Bn)
Country Share for North America Region (%)
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Digital PCR Market Segmental Analysis
Global Digital PCR Market is segmented based on offering, end user, application, and region. Based on offering, the market is segmented into qPCR Offering [qPCR Products (qPCR Reagents and Consumables, qPCR Instruments), qPCR Software, dPCR Services], dPCR Offerings [dPCR Reagents and Consumables, dPCR Instruments (Droplet digital PCR, Chip-based digital PCR, Beaming digital PCR), dPCR Software, dPCR Services]. Based on end user, the market is segmented into qPCR End Users and dPCR End Users [Hospitals and Diagnostic Laboratories, Academic and Research Institutes, Pharmaceutical and Biotechnology Companies, CROs and CDMOs, Forensic Laboratories, Other End Users]. Based on application, the market is segmented into Clinical Applications [Infectious Disease Testing, Oncology Testing, Blood Screening, Transplant Diagnostics, Other Clinical Applications], Research Applications [Single-cell analysis, Stem cell research, Gene expression, Others], Forensic Applications, Environmental Applications, Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Digital PCR Market Analysis by Product
With the biggest market share in the global digital PCR market in 2023, the instruments category is anticipated to develop at a significant compound annual growth rate (CAGR) throughout the course of the forecast period. This growth may be due to the fact that increased efforts by industry players are now going into developing new products, and higher usage of the digital PCR devices in several industries. For instance, F. Hoffmann-La Roche AG recently unveiled its latest Digital LightCycler System in August 2023 with the intention of further advancing clinical research to predict infections, hereditary diseases, and cancer. Apart from improving the accuracy of diagnosis, continuous instrumentation improvement fosters a digital PCR method to gain popularity and appreciation within clinical and research settings.
Throughout the projection period, the reagents & consumables sector is anticipated to grow at the fastest rate, mostly due to the growing commercialization of digital PCR kits used for diagnostic purposes. The permitting of kits on digital viral detection techniques by the government due to the COVID-19 pandemic has resulted in increased demand for this diagnostic equipment. The increased focus on molecular diagnostics increased investment and research in the reagents industry. For instance, QIAGEN introduced the new QIAcuity digital PCR kits in November 2023 to help towards the improvement of food safety, and to support biopharmaceutical clients. This was a reflection of the ever-increasing demand for reliable and efficient diagnostic solutions in many spheres of industry.
Digital PCR Market Analysis by Indication Analysis
In the genetic diseases segment, the digital PCR market held a leading position in 2023 and, during the forecast period of 2024 to 2032, is expected to have modest compound annual growth rate development. Recently, DNA machines for digital PCR are gaining popularity, as the sensitivity and specificity in detection of such machinery are quite excellent, and henceforth, gene changes are being detected through these instruments. It simply means a 2023 article of the National Library of Medicine reported that the sensitivity of RT-qPCR rapid test was only 37.9% and with specificity at 65.5%. Such performance indices depict advantages in the application of digital PCR for accurate diagnosis of genetic abnormalities, thus bettering patient care as well as the research capacity.
It is anticipated that the oncology market would grow at a significant rate between 2024 and 2031. This development is explained by the fact that cancer disorders are becoming more commonplace globally and that digital PCR instruments are being used more often in cancer research and diagnosis than older approaches. A 2022 American Cancer Society article states that 1,918,030 new instances of cancer were detected in the United States, underscoring the critical need for efficient diagnostic instruments. These have led to very significant progresses in the use of oncology among research and doctors because digital PCR is the most preferred method in monitoring and evaluating genetic alterations associated to cancer due to the more accurate and sensitive results yielded.
Global Digital PCR by Product
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Digital PCR Market Regional Insights
North America continues to hold the top spot in the global digital PCR market due to its mature biotechnology sector, high investments in R&D, and highly developed healthcare infrastructure. The region has been cemented in its leadership of the market within this region by its extensive use of technology in various applications, including infectious diseases, cancer research, as well as customized medicine. Major market players such as F. Hoffmann-La Roche AG and Thermo Fisher Scientific, along with well-known research institutes, make the region strong for competitive purposes. This is also one reason why North America continues to dominate the market for digital PCR because of the investment and legal support given to innovative healthcare solutions.
On the flip side, the digital PCR market technology is growing at the fastest rate in Asia-Pacific. Advanced molecular diagnostic techniques are in high demand by factors such as large population and rising healthcare costs with increasing awareness about the need for early illness diagnosis. The China and India, which has been investing heavily in the research of biotechnology and genomics, encourages the usage of digital PCR even more. With an ever-increasing amount of biotech and pharmaceutical businesses in the area, innovation and cooperation takes place by producing a robust ecosystem. This is the reason why the market in Asia-Pacific for digital PCR will grow at an unprecedented rate and eventually take up a sizeable chunk of the industry globally in the coming years.
Global Digital PCR Market By Geography
- Largest
- Fastest
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Digital PCR Market Dynamics
Digital PCR Market Drivers
Increasing Demand for Accurate Diagnostics
- Health care is one sector where the increasing demand for precise diagnostic equipment directly gives way to a flourishing global digital PCR market. As more and more of the healthcare community moves to precision medicine, the demand for high sensitivity and specificity in testing is on the rise. The digital PCR methods are very advantageous for clinical diagnosis and research, accurately detecting genetic changes, cancer biomarkers, and infectious illnesses. Quality diagnostics are top of the mind in tailoring therapy to each patient's condition, thus augmenting demand for customized treatment regimens even more. Consequently, this demand for higher-order diagnostic accuracy is leading to massive market growth.
Growing Investment in Genomics Research
- Funding for genomics research and personalized medicine is on the increase, thus is also the rate at which the market for digital PCR is growing. Governments, academic institutions, and commercial businesses are all providing major sums of money to further genomics and molecular diagnostics, therefore encouraging innovation in digital PCR technology. This funding is important to develop new applications, enhance the quality of currently in place ones, and improve productivity all-round. Demand for digital PCR is expected to rise steeply as more scientists and medical professionals realize how important insights into genetics are for preventing, diagnosing, and treating illnesses. This will spur market growth.
Restraints
High Cost of Equipment and Consumables
- The high cost of the needed equipment and consumables remains the major constraint to the global digital PCR industry. For minor labs, particularly those in poor countries, apparatus and chemicals to use in testing may require a lot of financial investment. This cost barrier might restrict access to advanced diagnostic technology, and consequently it may slow down the rates of adoption. This has the effect of having several doctors opt to use relatively cheaper traditional PCR-based methods, which would weigh down the industry-wide growth of the market of digital PCR.
Technical Complexity
- The technical complexity of digital PCR technology might seriously hinder the growth of the market. Certain laboratories would discourage their use due to the fact that these advanced technologies frequently require some expertise and experience to be operational. There are different diagnostic methods that can be used; these include conventional PCR, which is steep in the learning curve but is familiar and simple, requiring expert workers. It implies that while digital PCR technologies have a steep learning curve, this may limit their use in clinical and research settings, which could, in turn, affect market adoption.
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Digital PCR Market Competitive Landscape
The digital PCR market is extremely competitive, with several leading companies in the industry. As a strategy to improve their position, these companies are focusing on partnerships, collaborations, mergers and acquisitions, and new product launches. The large-scale players of the industry are spending a lot on R&D to innovate the digital PCR platforms and enhance the product portfolio. They are employing several marketing techniques to expand their customer base and brand reach.
Digital PCR Market Top Player’s Company Profile
- Thermo Fisher Scientific (US)
- Bio-Rad Laboratories (US)
- QIAGEN (Germany)
- F. Hoffmann-La Roche Ltd (Switzerland)
- Fluidigm Corporation (US)
- Merck KGaA (Germany)
- Agilent Technologies (US)
- BioMerieux SA (France)
- Takara Bio Inc. (Japan)
- Danaher Corporation (US)
- JN Medsys (Singapore)
- Formulatrix, Inc. (US)
- Stilla Technologies (France)
- Becton, Dickinson and Company (US)
- Sysmex Corporation (Japan)
- Quantabio (US)
- Illumina, Inc. (US)
- Promega Corporation (US)
- Eppendorf AG (Germany)
- PerkinElmer, Inc. (US)
- LGC Biosearch Technologies (UK)
Digital PCR Market Recent Developments
- In October 2022, Standard BioTools Inc. made the X9 Real-Time PCR System available in the market. It is an advanced high-capacity genomics device of high efficiency.
- In April 2022, Stilla and Promega Corporation announced that they had co-marketing agreement. The new Maxwell systems, sample preparation, and digital polymerase chain reaction on the six-color Naica system were part of this co-marketing agreement. Both businesses offered mutually reinvigorated digital workflow solutions through this collaboration.
- In March 2022, Stilla partnered with twelve distributors in the European Union. It increased the company's footprint in the EMEA area.
Digital PCR Key Market Trends
- Integration of ML and AI: The integration of ML and AI is another great advance in the global digital PCR market. They increase the capability for data processing; hence complex genetic data can be analyzed rightly. AI algorithms can improve workflow productivity by automating mundane procedures and improved experimental designs. In addition, improving predictability of modeling via machine learning may lead to a better understanding of genetic variants and the reasons for diseases. This trend drives the further development of more complex diagnostic tools in many sectors as well as increasing the usability of digital PCR devices.
- Liquid Biopsy Applications: Further growth in the adoption of digital PCR in liquid biopsies is a key driver for market growth. Liquid biopsy based on ctDNA sampled from blood can analyze the circulating tumor DNA without the need for any invasive methods. This is part of a bigger trend to have less invasive diagnosis methods that provide immediate information regarding a patient's cancer status. This method, therefore, has excellent sensitivity and specificity and is very useful to follow therapy responses or detect minimal residual illness. Liquid biopsies are going to gain rapid application with digital PCR as early detection and treatment becomes more and more prevalent in the healthcare sector.
Digital PCR Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, the digital PCR market has surged significantly over the last few years. In terms of the factors responsible for the market expansion, increased usage of customized medicine, a rising prevalence of infectious illnesses, and a growing requirement for enhanced molecular diagnostics stand out. Further growth in the market is being driven by the development of highly advanced digital PCR systems and by the availability of affordable alternatives. R&D in the form of partnerships with other academic institutions and major industry participants will also help promote market growth. Issues such as costly instrumentation and technical problems with digital PCR may slightly slow down the industry's progress. The critically enhancing role of digital PCR in genetic testing, precision medicine, and biomarker research will boost the international market over the coming years and, therefore, will offer attractive prospects to market participants.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 6.83 Billion |
| Market size value in 2031 | USD 15.86 Billion |
| Growth Rate | 9.02% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Digital PCR Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Digital PCR Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Digital PCR Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Digital PCR Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Digital PCR Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Digital PCR Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Digital PCR Market Report Snapshots
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