France Polymerase Chain Reaction Market Size & Outlook
France polymerase chain reaction market, 2018-2030 (US$M)
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France polymerase chain reaction market highlights
- The France polymerase chain reaction market generated a revenue of USD 1,212.3 million in 2023 and is expected to reach USD 591.8 million by 2030.
- The France market is expected to grow at a CAGR of -9.7% 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.
Polymerase chain reaction market data book summary
| Market revenue in 2023 | USD 1,212.3 million |
| Market revenue in 2030 | USD 591.8 million |
| Growth rate | -9.7% (CAGR from 2023 to 2030) |
| Largest segment | Conventional pcr |
| Fastest growing segment | Conventional PCR |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, France accounted for 3.9% of the global polymerase chain reaction market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany polymerase chain reaction market is projected to lead the regional market in terms of revenue in 2030.
- Norway is the fastest growing regional market in Europe and is projected to reach USD 58.7 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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France 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 4.08% in 2023. Horizon Databook has segmented the France polymerase chain reaction market based on conventional pcr covering the revenue growth of each sub-segment from 2018 to 2030.
The primary factor facilitating the growth is several research institutions engaged in developing PCR products. In April 2020, researchers developed a multiplex Droplet Digital PCR (ddPCR) to detect ESR1 mutation. Furthermore, in November 2019, the International Society for Human and Animal Mycology developed a real-time qPCR for diagnosing Pneumocystis pneumonia (PCP) under the Fungal PCR Initiative.
Launching favorable reimbursement policies and product launches is anticipated to support market demand. In May 2020, THERADIAG announced the approval for AmpliCube Coronavirus SARS-Cov-2 by the National Reference Center of Paris (CNR). Also, the French National Health Insurance reimbursed 50 PCR kits in May 2020.
In addition, the availability of low-cost testing products contributed to increasing market penetration of these tests. The GeneStore France approved France Centre National De Reference Des Virus De Infections Respiratory (CNR) to launch a SARS-Cov-2 RT-PCR test and it was made available for USD 11.20 in France.
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Horizon Databook provides a detailed overview of country-level data and insights on the France polymerase chain reaction market , including forecasts for subscribers. This country databook contains high-level insights into France polymerase chain reaction market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France polymerase chain reaction market size, by type, 2018-2030 (US$M)
France Polymerase Chain Reaction Market Outlook Share, 2023 & 2030 (US$M)
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