Market Trends of Global Digital PCR Industry
This section covers the major market trends shaping the Digital PCR Market according to our research experts:
Droplet Digital PCR Segment to Dominate the Market Globally
Droplet digital PCR (ddPCR) is a method for performing digital PCR that is based on water-oil emulsion droplet technology. A sample is fractionated into 20,000 droplets, and PCR amplification of the template molecules occurs in each droplet. The ddPCR technology uses reagents and workflows similar to those used for most standard TaqMan probe-based assays. The massive sample partitioning is a key aspect of the ddPCR technique. Apart from the above-mentioned advantages of the ddPCR, factors that are propelling the segment growth are the increasing prevalence of cancer, and infectious diseases, and increasing funding and advancements in the biotechnology sector.
The growth of droplet digital PCR is mainly attributed to technological advancement and increasing demand. For instance, BioRAD'sproduct QX200 Droplet Digital PCR System provides absolute quantification of target DNA in digital form. These product measures gene expression level with exquisite precision detects rare DNA target copies and determines copy number variation with unrivaled accuracy. According to an article published in the National Institute of Health 2020, currently, during the COVID-19 pandemic droplet digital PCR is considered to be a gold standard for the diagnosis of COVID-19 infections, thus triggering the market demand for droplet digital PCR, boosting market growth.
Moreover, companies are launching products associated with droplet technology. In May 2020, Bio-Rad Laboratories Inc. received the United States Food and Drug Administration (FDA) Emergency Use Authorization for Droplet Digital PCR SARS-CoV-2 Test Kit. In addition, in 2019, Bio-Rad launched QX ONE droplet digital PCR system.
Hence, the above-mentioned factors are expected to boost the growth of the studied segment during the forecast period
North America Dominates the Market and Expected to do Same over the Forecast Period
North America is expected to dominate the overall market throughout the forecast period. The market growth is due to the factors such as the presence of key players, the high prevalence of chronic diseases in the region, and the established healthcare infrastructure. Furthermore, beneficial government initiatives and an increase in the number of research partnerships are some of the drivers expected to increase market growth. In this region, the United States has the maximum share due to supportive healthcare policies, high number of patients, and a developed healthcare market.
According to the American Cancer Society's 2021 report, about 1,898,160 cancer cases were diagnosed in 2021, which included 970,250 males and 927,910 females in the United States and 608,570 Americans who died from it. Thus, due to the high prevalence of cancer, the demand for diagnostics and treatment is also high in the country which is expected to drive the growth in the studied market in the United States.
Moreover, the growth can be attributed to the presence of sophisticated diagnostic laboratories and the high acceptance rate of novel assay technologies. There is a growing trend of genetic engineering and genomic research in academia and biotechnology industries of the United States. Moreover, increasing genomic research is primarily fueled by the high demand for targeted and precision medicine for the management of chronic disorders and the need for understanding the genetic and molecular basis of disease.
Initiatives like these are presenting a favorable environment for pharmaceutical and biotechnology firms to develop and market gene-based diagnostics and therapeutics. This, in turn, is projected to fuel the growth of digital PCR technologies, due to their wide applications in drug discovery, toxicity, and efficacy studies, as well as in general life science research.
