Italy Polymerase Chain Reaction Market Size & Outlook
Italy polymerase chain reaction market, 2018-2030 (US$M)
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Italy polymerase chain reaction market highlights
- The Italy polymerase chain reaction market generated a revenue of USD 910.6 million in 2023 and is expected to reach USD 529.3 million by 2030.
- The Italy market is expected to grow at a CAGR of -7.5% 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 910.6 million |
| Market revenue in 2030 | USD 529.3 million |
| Growth rate | -7.5% (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, Italy accounted for 2.9% 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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Italy 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 5.19% in 2023. Horizon Databook has segmented the Italy polymerase chain reaction market based on conventional pcr covering the revenue growth of each sub-segment from 2018 to 2030.
Companies specializing in real-time PCR solutions are actively seeking distribution agreements with local partners to expand their presence in the market. For instance, SML Genetree entered a distribution agreement with TEMA Ricerca Srl. to distribute NGS kits and Ezplex Real-time PCR.
In addition, in February 2022, Cerca Biotech entered into a distribution deal with four European partners for MammaTyper, an RT-qPCR diagnostic test for breast cancer diagnosis. The distribution agreement covers European countries, including Germany, France, Italy, and the UK.
The deal facilitates the adoption of PCR products due to the improved availability of consumables, reagents, and instruments in the market. These factors are expected to drive the Italy PCR market during the forecast period. In March 2020, SENTINEL CH. SpA developed a real-time PCR mix for the detection of novel coronavirus disease.
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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 Italy polymerase chain reaction market , including forecasts for subscribers. This country databook contains high-level insights into Italy polymerase chain reaction market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy polymerase chain reaction market size, by type, 2018-2030 (US$M)
Italy Polymerase Chain Reaction Market Outlook Share, 2023 & 2030 (US$M)
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