The PCR for respiratory infection diagnostics market was valued at US$ 8279.32 million by 2028 from US$ 4146.02 million in 2021; it is estimated to grow at a CAGR of 10.4% from 2021 to 2028.
Polymerase chain reaction (PCR) is used for accurate point of care diagnostics that help rapidly identify and determine the cause of respiratory tract infections. In addition, PCR is widely preferred in inpatient and outpatient settings that help enhance the growth of the market in recent years.
The growth of the PCR for respiratory infection diagnostics market is attributed to the factors such as the increasing Burden of Chronic Respiratory Diseases (CRDs), growing developments in PCR testing, are widely enhancing the performance of medical devices. However, use of PCR testing for various respiratory infection diagnostics and developments in PCR technology being used to derive them. The availability of alternative assays hinders the market growth.
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Market Insights
Market Consolidations Strategies Adopted by Use of PCR Testing for Various Respiratory Infection Diagnostics
PCR testing is the gold standard for detecting respiratory infectious diseases, including SARS-CoV-2. Also, the growing developments in PCR are not limited to the COVID-19 testing. The continuous technological developments have allowed researchers to develop advanced PCR techniques at a reduced cost and limit their complexities. It is expected that PCR testing will enhance its capabilities for molecular diagnostics and strengthen its role in the future with the ongoing developments of technologies such as microfluidics and next-generation sequencing. In addition, PCR testing is significantly used in institutions such as nursing homes, chronic care facilities, and hospitals, for identifying influenza virus infection that causes respiratory outbreaks.
Moreover, acute and chronic respiratory infections are among the leading causes of morbidities in the developed and developing countries globally. It is estimated that acute respiratory diseases account for nearly 75% of the total acute morbidities globally. Therefore, various companies are offering various PCR kits that can detect the presence of pathogens that cause respiratory diseases. For instance, companies such as bioMérieux SA and altona Diagnostics GmbH provide a wide range of PCR kits that can detect acute respiratory infection in the upper or lower respiratory tract. Apart from the increasing incidence of acute and chronic respiratory diseases, other factors such as environmental and climatic conditions, air pollution, and discoveries of novel bacteria, viruses, and pathogens are likely to serve as vital growth opportunities for PCR testing for respiratory infection diagnostics in the coming future.
Type -Based Insights
The PCR for respiratory infection diagnostics market, by type, is segmented into real time PCR (qPCR), multiplex PCR, traditional PCR, digital PCR, reverse-transcriptase (RT-PCR), and others. The real-time PCR (qPCR) segment held the largest share of the market in 2021 and is anticipated to register the highest CAGR in the market during the forecast period.
Product Type-based Insights
Based on product type, the PCR for respiratory infection diagnostics market is segmented into reagents and kits, instruments, and others. The reagents and kits segment held the largest share of the market in 2021 and is anticipated to register the highest CAGR of in the market during the forecast period.
Infection Type-based Insights
Based on infection type, the PCR for respiratory infection diagnostics market is segmented into bacterial infection, viral infection, and fungal and other pathogens. In 2021, viral infections segment held the largest share of the market and is estimated to register the highest CAGR in the market during the forecast period.
End Users-based Insights
Based on end user, the PCR for respiratory infection diagnostics market is segmented into hospitals, physician clinics, clinical laboratories, academic and research institutions, biotech and pharma companies, and others. In 2020, clinical laboratories segment held the largest share of the market and is estimated to register the highest CAGR of in the market during the forecast period.
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PCR For Respiratory Infection Diagnostic Market Regional Insights
The regional trends and factors influencing the PCR For Respiratory Infection Diagnostic Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses PCR For Respiratory Infection Diagnostic Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
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PCR For Respiratory Infection Diagnostic Market Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2021 | US$ 4.15 Billion |
Market Size by 2028 | US$ 8.28 Billion |
Global CAGR (2021 - 2028) | 10.4% |
Historical Data | 2019-2020 |
Forecast period | 2022-2028 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Market Players Density: Understanding Its Impact on Business Dynamics
The PCR For Respiratory Infection Diagnostic Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the PCR For Respiratory Infection Diagnostic Market are:
- Abbott
- F. Hoffmann-La Roche AG
- Hologic, Inc.
- Seegene Inc.
- AusDiagnostics
Disclaimer: The companies listed above are not ranked in any particular order.
- Get the PCR For Respiratory Infection Diagnostic Market top key players overview
By Type
- Real-Time PCR (qPCR)
- Multiplex PCR
- Traditional PCR
- Digital PCR
- Reverse-Transcriptase (RT-PCR)
- Others
By Product Type
- Reagents and Kits
- Instruments
- Others
By Infection Type
- Bacterial Infections
- Bordetella
- Streptococcus Pneumoniae
- Staphylococcus Aureus
- Haemophilus Influenzae
- Moraxella Catarrhalis
- Mycoplasma Pneumoniae
- Chlamydophila Pneumoniae
- Legionella
- Others
- Viral Infections
- Rhinoviruses
- Influenza Virus
- Severe Acute Respiratory Syndrome (SARS) CoV-2 Virus
- Respiratory Syncytial Virus (RSV)
- Adenovirus
- Enterovirus
- Parainfluenza
- Human Metapneumovirus (hMPV)
- Others
- Fungal and Other Pathogens
By End User
- Hospitals
- Physician Clinics
- Clinical Laboratories
- Academic and Research Institutions
- Biotech and Pharma Companies
- Others
By Geography
- North America
- US
- Canada
- Mexico
- Europe
- France
- Germany
- UK
- Spain
- Netherlands
- Norway
- Italy
- Rest of Europe
- Asia Pacific (APAC)
- China
- India
- Japan
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East and Africa (MEA)
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East and Africa
- South and Central America (SCAM)
- Brazil
- Argentina
- Rest of South and Central America
Company Profiles
- Abbott
- F. Hoffmann-La Roche AG
- Hologic, Inc.
- Seegene Inc.
- AusDiagnostics
- BD
- Bio-Rad Laboratories Inc
- BioMérieux
- Qiagen
- Thermo Fisher Scientific Inc
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type , Product Type , Infection Type , and End Users and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Netherlands, Norway, RoAPAC, RoE, RoMEA, RoSCAM, Saudi Arabia, South Africa, South Korea, Spain, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The growth of the region is attributed to factors such as rising public–private partnerships, and increasing funding activities are widely enhancing the performance of medical devices. Moreover, presence of well-developed healthcare infrastructure and government support are some of the prominent factors propelling the market growth in Asia Pacific. In addition, the Europe is expected account for the fastest growth in the PCR for respiratory infection diagnostics market. A high demand in research, growing support from governments, continuously changing disease profiles, rising public–private partnerships, and increasing funding activities are widely enhancing the performance of medical devices growth of Europe PCR for respiratory infection diagnostics market during the forecast period.
The polymerase chain reaction (PCR) is a simple and low-cost method for amplifying small portions of DNA. Because significant amounts of a sample of DNA are necessary for molecular and genetic analyze, studies of isolated fragments of DNA are almost impossible without PCR amplification.
The growth of the market is attributed to some key driving factors such as as the increasing Burden of Chronic Respiratory Diseases (CRDs), growing developments in PCR testing, are widely enhancing the performance of medical devices. However, use of PCR testing for various respiratory infection diagnostics and developments in PCR technology being used to derive them. The availability of alternative assays hinders the market growth. In January 2020, Roche received CE Mark approval for an adenovirus test for transplant patients. It is intended to be used in conjunction with other infectious diseases tests available on their cobas systems (6800 and 8800). The majority of companies are now offering real-time polymerase chain reaction (PCR) tests for corona virus, which is contributing to the growth of the target market.Such strategic steps are also projected to drive the market growth.
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The List of Companies - PCR for Respiratory Infection Diagnostic Market
- Abbott
- F. Hoffmann-La Roche AG
- Hologic, Inc.
- Seegene Inc.
- AusDiagnostics
- BD
- Bio-Rad Laboratories Inc
- BioMérieux
- Qiagen
- Thermo Fisher Scientific Inc