Polymerase chain reaction (PCR) is a technique that is used for exponential amplification of DNA fragments in vitro. PCR is used in lifescience research labs for a variety of applications, such as disease diagnosis (leukemia, lymphoma, and infectious diseases), selective DNA isolation & amplification, and quantification of DNA.
The North American market accounted for the largest share of the global polymerase chain reaction market in 2013. The market value was valued at $1,456 million in 2012, and is expected to grow at a CAGR of 11.3% from 2013 to 2018.
The increased laboratory usage of PCR in proteomics and genomics, automation of instruments, and advanced technologies such as qRT-PCR, are the main factors boosting the growth of the North American PCR market. The qRT-PCR technology is highly cost-effective and involves concurrent monitoring of expression levels of multiple genetic messages in real time.
The North American market is segmented and forecast on the basis of different types, namely PCR instruments, PCR reagents, PCR consumables, RT-PCR, and thermal cycler PCR. RT-PCR accounts for the largest share of the North American PCR market and is expected to grow at a CAGR of 14.8% from 2013 to 2018. On the basis of applications, the market has been segmented into In Vitro diagnostics, drug discovery, academics, agrigenomics, and personalized medicine. The market is further segmented and forecast on the basis of the major countries contributing to the market, such as the U.S., Canada, and Mexico.
The report provides an extensive competitive landscaping of companies operating in this market. The key players of the market covered in the report are Life Technologies (U.S.), Bio-Rad Laboratories, Inc. (U.S.), Agilent Technologies (U.S.), Roche Diagnostics (Switzerland), Bioline (U.K.), Eppendorf AG (Germany), and Thermo Fisher Scientific, Inc. (U.S.). The market report also includes market share and value chain analyses, and market metrics such as drivers, restraints, and upcoming opportunities in the North American PCR market.
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