LONDON, Oct. 28, 2014 /PRNewswire/ -- The Polymerase Chain Reaction (PCR) is the most powerful technology in molecular biology enabling researchers to produce millions of copies of specific DNA sequence in a very short duration. The global PCR market is valued at $7.6 billion in 2013 and is expected to grow at a CAGR of 8.7% to reach $13.4 billion by 2020. The PCR market is mainly segmented by techniques, products, applications, and by geography. The booming healthcare technology market with demand for innovative technology for early and accurate diagnosis of life threatening diseases, rising investments in companion diagnostics, advent of digital PCR, expiry of key players PCR patents, increasing demand for PCR in genetic and molecular testing are some of the factors driving the PCR market growth. However stringent government regulations, lack of awareness of this technology and unavailability of skilled labor, emergence of alternate technology such as Next Generation Sequencing, high cost of some of the commercial PCR's are expected to hamper the PCR market growth.
Download the full report: https://www.reportbuyer.com/product/2439981/
About Reportbuyer
Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers
http://www.reportbuyer.com
For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: [email protected]
Tel: +44 208 816 85 48
Website: www.reportbuyer.com
SOURCE ReportBuyer
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article