UK Polymerase Chain Reaction Market Size & Outlook
UK polymerase chain reaction market, 2018-2030 (US$M)
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UK polymerase chain reaction market highlights
- The UK polymerase chain reaction market generated a revenue of USD 1,122.1 million in 2023 and is expected to reach USD 461.8 million by 2030.
- The UK market is expected to grow at a CAGR of -11.9% 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 1,122.1 million |
| Market revenue in 2030 | USD 461.8 million |
| Growth rate | -11.9% (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, UK accounted for 3.6% 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 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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UK 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 2.43% in 2023. Horizon Databook has segmented the UK polymerase chain reaction market based on conventional pcr covering the revenue growth of each sub-segment from 2018 to 2030.
The presence of established healthcare infrastructure, high disposable income, and rising awareness regarding the early diagnosis of diseases are the key factors driving the growth in the UK market. Another factor propelling the growth is increasing rate of prenatal genetic testing in the UK.
Prenatal genetic testing is performed primarily to identify the risk of genetic conditions based on identifying genetic aberrations in an unborn child. DNA screening tests are also available for couples in the UK. Furthermore, growing prevalence of long-term conditions, such as diabetes and cancer, has increased the use of qPCR and dPCR technologies.
For instance, according to Cancer Research UK, around 387,820 new cases of cancer are reported every year. However, around 33.7% of the patients suffer avoidable delays due to waiting for tests and results. Moreover, the pandemic also increased the demand for qPCR and dPCR tests, which contributed to the delay.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the UK polymerase chain reaction market , including forecasts for subscribers. This country databook contains high-level insights into UK polymerase chain reaction market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK polymerase chain reaction market size, by type, 2018-2030 (US$M)
UK Polymerase Chain Reaction Market Outlook Share, 2023 & 2030 (US$M)
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