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The U.S. Digital PCR market size was worth USD 239.5 million in 2023 and is projected to grow at a CAGR of 23.2% during the forecast period.
The rise in the prevalence of infectious diseases, cancer, and genetic disorders among the U.S. population and the growing adoption of digital PCR technology by clinical laboratories are some key factors projected to drive the market growth during the forecast period. Moreover, rising technological advancements in digital devices are expected to contribute to the growth of the market.
The impact of the COVID-19 pandemic resulted in considerably high market growth in 2020 due to the increasing demand for effective diagnostics of COVID-19 and the rising adoption of these devices in diagnostic centers and research institutes.
High Adoption of Devices across Healthcare Systems
The potential advantages of digital tests over traditional PCR tests, such as highly sensitive tests and absolute quantification, has to led to high adoption of these tests and instruments across several healthcare systems in the U.S. Moreover, the increasing awareness of advanced technologies, such as chip-based technology in the country, further drives U.S. digital PCR market growth.
Thus increasing adoption of these systems to diagnose various diseases across the country is propelling the market growth.
Rise in Introduction of Technologically Advanced dPCR Devices to Enhance Market Growth
The growing demand for innovative PCR devices across healthcare systems and increasing R&D initiatives by major industry players have led to the introduction of various technologies offering more significant benefits.
The introduction of innovative devices based on various techniques, such as a droplet, chip-based, and crystal digital polymerase chain reactions, by key market players is anticipated to increase its adoption, further augmenting the market growth.
Such technological advancements in digital polymerase chain reactions are expected to grow the market during the forecast timeframe, 2023-2030.
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Limitations to the Use of Devices to Restrain Market Growth
Certain limitations associated with digital PCR, such as the high initial cost of devices and the high risk of sample contamination, compared to alternatives, such as real-time polymerase chain reaction, are factors limiting the adoption of these devices.
Such limitations associated with using these digital devices and the presence of other economic alternative tests can restrain the U.S. market growth in the coming years.
By type, the market is divided into droplet digital PCR, chip-based digital PCR, and others.
In 2022, the droplet digital PCR segment held the highest market share, attributed to the increasing emphasis of market players on developing and commercializing droplet dPCR for infectious disease diagnosis. Moreover, the rising adoption of droplet PCR across U.S. healthcare systems is expected to boost segment growth.
Based on product, the market is segmented into instruments and reagents & consumables.
The instruments segment accounted for the largest market share in 2022 due to the increasing initiatives of the market players for the launch of new systems and rising applications of these devices in the market.
Based on indication, the market is segmented into infectious diseases, oncology, genetic disorders, and others.
The genetic disorders segment dominated the market in 2022 due to the rising number of genetic tests among the U.S. population and the increasing adoption of these devices to identify gene alterations due to their high sensitivity and specificity in detection.
The market is segmented into hospitals & clinics, pharmaceutical & biotechnology industries, diagnostic centers, and academic & research organizations based on end-user.
The academic & research organizations segment held the largest market share owing to research organizations' rising emphasis on producing technologically advanced devices across several applications such as oncology, genetic diseases, and others.
Furthermore, the high demand for these devices among the research institutes, and the rise launch of new dPCR assays and solutions by key players in the country, further drove the market growth.
Strong Focus of Industry players on Organic Strategies to strengthen their Market Position
The key companies operating in the market are Thermo Fisher Scientific Inc., Bio-Rad Laboratories, Inc., and Qiagen.
Bio-Rad Laboratories, Inc., dominated the market with the highest U.S. digital PCR market share. The company’s market dominance was due to a robust focus on inorganic strategies such as collaborations with new dPCR manufacturers for production and expansion of its existing product portfolio globally. These factors are further propelling the company's growth in the market.
Similarly, other prominent players in the U.S. market include Stilla, Sysmex Corporation, and Standard BioTools Inc. (Fluidigm Corporation). These companies are focusing on strategic initiatives for the expansion of distribution channels across the country, further boosting U.S. market growth during the forecast period.
An Infographic Representation of U.S. Digital PCR Market
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The research report provides a detailed competitive landscape and market dynamics. It focuses on key aspects such as the prevalence of chronic disease, regulatory scenarios by key countries/regions, and an overview of dPCR consumables in the market. Furthermore, the report provides information on key industry developments and detailed product mapping of consumables supplied by key companies. In addition, the report includes insights related to technological advancements in the devices and the impact of COVID-19 on the market.
ATTRIBUTE | DETAILS |
Study Period | 2019-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2019-2022 |
Growth Rate | CAGR of 23.2% from 2024 to 2032 |
Unit | Value (USD million) |
Segmentation | By Type
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By Product
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By Indication
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By End-user
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Fortune Business Insights says the U.S. market stood at USD 239.5 million in 2023.
The market is expected to expand at a CAGR of 23.2% during the forecast timeframe (2024-2032).
The droplet digital polymerase chain reaction segment is the leading segment in the market by type.
Bio-Rad Laboratories, Inc., Thermo Fisher Scientific, Inc., and Qiagen are the top players in the market.
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