The Polymerase Chain Reaction (PCR) And Real-time Polymerase Chain Reaction (PCR) Testing Global Market Report 2020-30: COVID-19 Implications and Growth
LONDON, GREATER LONDON, UK, February 11, 2021 /EINPresswire.com/ — New year, new updates! Our reports have been revised for market size, forecasts, and strategies to take on 2021 after the COVID-19 impact: https://www.thebusinessresearchcompany.com/global-market-reports
Early detection plays a key role in treating COVID-19 patients. The real time or RT-PCR technique is a highly sensitive and specific testing method that can deliver a reliable diagnosis in as fast as three hours, unlike the other laboratory tests that take an average of 6 to 8 hours. Real time polymerase chain reaction testing is significantly faster and has a lower potential for contamination or errors as the entire process is within a closed tube. Therefore, currently it is considered to be the most accurate method available for detection of the coronavirus. This has created a huge demand for PCR testing kits in the PCR testing industry.
The polymerase chain reaction and real-time polymerase chain reaction testing market consists of sales of PCR and real-time PCR testing services and its related products. PCR and real time PCR testing establishments manufacture, develop or deploy the related devices, reagents and services, to detect and measure the DNA (or RNA) in a sample. It finds its applications in cloning, genotyping, mutation testing, paternity testing, sequencing and microarrays.
The global polymerase chain reaction (PCR) and real-time polymerase chain reaction (PCR) testing market was expected to grow from $7.5 billion in 2019 to about $22.4 billion in 2020 as there was a surge in the number of tests being conducted for the diagnosis of COVID-19. The market is expected to stabilize and reach $10.1 billion at a CAGR of 7.9% through 2023.
Here Is A List Of Similar Reports By The Business Research Company:
COVID-19 Rapid Test Kits Market- By Test Type (RT PCR Test, Rapid Antigen Test, Rapid Antibody Test, Others), By Kit Type (PCR Machines, Equipment And Extraction Kits, Reagents), By Specimen Type (Nasopharyngeal Swab, Oropharyngeal Swab, Nasal Swab, Blood, Others), By End-Users (Hospitals And Clinics, Diagnostic Laboratories, Home Care, Others), And By Region, Opportunities And Strategies – Global Forecast To 2023
Polymerase Chain Reactions (PCR) Devices, Reagents And Uses Global Market Report 2020
Prenatal Testing & Newborn Screening Global Market Report 2021: COVID 19 Growth And Change to 2030
Interested to know more about The Business Research Company?
The Business Research Company is a market intelligence firm that excels in company, market, and consumer research. Located globally it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology.