India Polymerase Chain Reaction Market Size & Outlook
India polymerase chain reaction market, 2018-2030 (US$M)
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India polymerase chain reaction market highlights
- The India polymerase chain reaction market generated a revenue of USD 809.4 million in 2023 and is expected to reach USD 422.8 million by 2030.
- The India market is expected to grow at a CAGR of -8.9% 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 809.4 million |
| Market revenue in 2030 | USD 422.8 million |
| Growth rate | -8.9% (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, India accounted for 2.6% 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 Asia Pacific, China polymerase chain reaction market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 815.5 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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India 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 2.61% in 2023. Horizon Databook has segmented the India polymerase chain reaction market based on conventional pcr covering the revenue growth of each sub-segment from 2018 to 2030.
Cardiovascular diseases are the primary cause of mortality in India. According to a Global Burden of Disease study published in 2022, India has a higher cardiovascular disease death rate than the global average. Around 349 per 100,000 people are diagnosed with some form of cardiovascular disorder in India.
Moreover, the prevalence of infectious diseases is expected to increase the demand for PCR tests. Rapid economic development in the nation has dramatically increased purchasing capacity, propelling the demand in the market.
In addition, increasing demand for better diagnosis and rising number of product launches are expected to drive the market over the forecast period. According to the Indian Council of Medical Research, around 200,000 RT-PCR tests were conducted to detect COVID-19 in May 2020.
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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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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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Horizon Databook provides a detailed overview of country-level data and insights on the India polymerase chain reaction market , including forecasts for subscribers. This country databook contains high-level insights into India polymerase chain reaction market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India polymerase chain reaction market size, by type, 2018-2030 (US$M)
India Polymerase Chain Reaction Market Outlook Share, 2023 & 2030 (US$M)
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