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Exciting possibilities just over the horizon for the PCR market globally

Growing point of services and the promise of applications for both the food industry and cancer treatment are helping to boost the polymerase chain reaction market. According to BCC Research, the global PCR market is expected to grow at a CAGR of 10.6 percent from 2018 to 2022, to reach USD 4.7 billion by 2022. Major players in the market include Abbott Laboratories, Advanced Theranostics, Atlas Genetics, Cepheid, Fluxergy, and Roche Diagnostics. The combination of the convenience and accuracy of this new clinical diagnostic technology is driving rapid growth. From non-government organizations testing for emerging infections in isolated environments worldwide to major hospitals testing for nosocomial infections that affect patient care as close to the bedside as possible, point of care PCR is strongly influencing how molecular diagnostics are performed. As the technology grows and matures, it will have major and enduring impacts on how healthcare works worldwide. As such, there are a variety of trends evident as this technology grows in the market.

Kits will lead the market in both size and growth, with an anticipated 2022 value of USD 3.2 billion and a CAGR of 13.7 percent. Single-kits will lead in size, with a 2022 value expected at USD 1.1 billion, though multi-kits will lead by growth, with a CAGR through the period of 12.0 percent. Equipment will have a 2022 value of USD 1.5 billion and a CAGR of 5.3 percent. The technology is being most rapidly deployed for two types of infectious diseases: respiratory infections such as influenza and sexually transmitted diseases. A number of exciting possibilities within the field are just over the horizon. The precision of digital PCRs has made the technology popular for researchers trying to develop prognostic tests after cancer treatment. Further, the ability of the technology to pick up low copy numbers in complex matrices makes it valuable for monitoring and quality control in plants and food.

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