Asia Pacific Polymerase Chain Reaction Market Size & Outlook
Asia Pacific polymerase chain reaction market, 2018-2030 (US$M)
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Asia Pacific polymerase chain reaction market highlights
- The Asia Pacific polymerase chain reaction market generated a revenue of USD 8,369.5 million in 2023.
- The market is expected to grow at a CAGR of -8.4% from 2024 to 2030.
- In terms of segment, conventional pcr was the largest revenue generating type in 2023.
- Conventional PCR is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Japan is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 8,369.5 million |
| Market revenue in 2030 | USD 4,516.6 million |
| Growth rate | -8.4% (CAGR from 2023 to 2030) |
| Largest segment | Conventional pcr |
| Fastest growing segment | Conventional PCR |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Conventional PCR |
| Key market players worldwide | Thermo Fisher Scientific Inc, Danaher Corp, Abbott Laboratories, Bio-Rad Laboratories Inc, Agilent Technologies Inc, Qiagen NV, Roche Holding AG ADR, Standard BioTools Inc, Stilla, Microsynth |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 27.0% of the global polymerase chain reaction market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 564.1 million by 2030.
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Polymerase Chain Reaction Market Scope
Polymerase Chain Reaction Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific polymerase chain reaction market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to polymerase chain reaction market will help companies and investors design strategic landscapes.
Conventional pcr was the largest segment with a revenue share of 3.76% in 2023. Horizon Databook has segmented the Asia Pacific polymerase chain reaction market based on conventional pcr covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is considered to be one of the most lucrative markets across the globe. High unmet clinical needs, untapped market opportunities, and increasing healthcare expenditure are some of the key factors driving the market. Technological advancements and the rising prevalence of various target diseases are also expected to increase the demand for PCR.
Furthermore, the demand for healthcare products and government initiatives, to improve the population's health, will drive the market during the forecast period. Such product launches by local players in new markets to expand their presence is anticipated to increase the adoption of technologically advanced tests.
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Target buyers of Asia Pacific polymerase chain reaction market databook
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Our clientele includes a mix of polymerase chain reaction market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific polymerase chain reaction market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific polymerase chain reaction market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific polymerase chain reaction market size, by country, 2018-2030 (US$M)
Asia Pacific Polymerase Chain Reaction Market Outlook Share, 2023 & 2030 (US$M)
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