Germany Polymerase Chain Reaction Market Size & Outlook
Germany polymerase chain reaction market, 2018-2030 (US$M)
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Germany polymerase chain reaction market highlights
- The Germany polymerase chain reaction market generated a revenue of USD 2,517.2 million in 2023 and is expected to reach USD 976.0 million by 2030.
- The Germany market is expected to grow at a CAGR of -12.7% 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 2,517.2 million |
| Market revenue in 2030 | USD 976.0 million |
| Growth rate | -12.7% (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, Germany accounted for 8.1% 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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Germany 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 2.46% in 2023. Horizon Databook has segmented the Germany polymerase chain reaction market based on conventional pcr covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing geriatric population in Germany is considered to be the major driver for the PCR market. According to Statista, as of December 2021, there were 18.44 million people aged above 65 years in Germany. These elderly population are at a high risk of developing cardiovascular diseases, diabetes, neurovascular disorders, and other chronic diseases, due to the onset of senescence and decreased immunity.
These factors are expected to create opportunities in the Germany PCR market. Furthermore, the presence of key manufacturers and ongoing product launches are anticipated to drive market growth during the forecast period.
Moreover, technological advancements and innovative product launches are other factors predicted to accelerate market expansion. For instance, in May 2022, Spindiag GmbH received CE marking for two PCR testing systems.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Germany polymerase chain reaction market , including forecasts for subscribers. This country databook contains high-level insights into Germany polymerase chain reaction market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany polymerase chain reaction market size, by type, 2018-2030 (US$M)
Germany Polymerase Chain Reaction Market Outlook Share, 2023 & 2030 (US$M)
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