Global Digital PCR Market Size (2024 - 2029)

Digital PCR Market Analysis

The Global Digital PCR Market size is estimated at USD 0.69 billion in 2024, and is expected to reach USD 1.51 billion by 2029, growing at a CAGR of 16.74% during the forecast period (2024-2029).

The most commonly used and reliable test for diagnosis of COVID-19 has been the Droplet Digital PCR test performed using nasopharyngeal swabs or other upper respiratory tract specimens, including throat swabs or, more recently, saliva for immunology assays. Thus, disease diagnosis using digital PCR emerged as a major focus for the management of the pandemic. In October 2021, the COVID-19 antigen test that detects SARS CoV-2 proteins in respiratory samples received an emergency-use authorization. Thus, the demand for digital droplet PCR increased significantly. These are more sensitive, and rapid in diagnosing the disease. In addition, in April 2020, Bio-Rad received FDA emergency use authorization for the Droplet Digital PCR SARS-CoV-2 Test Kit. Thus the demand for the Digital PCR is expected to drive the growth of the market.

The major factor attributing to the growth of the market is the rising diagnostics and screening tests of diseases like cancer, and infectious diseases, and the growing demand for parental testing and gene study. According to the GLOBOCAN report, in 2020, around 19.29 million people in the world are affected by cancer. The number is estimated to rise to 28.89 million cases by 2040. According to the International Diabetes Federation Diabetes Atlas Tenth edition 2021, in 2021, around 537 million adults all over the world were found to have diabetes; with the numbers projected to grow to 643 million by 2030 and 783 million by 2045. With the rising incidence of such diseases, the usage of the Digital PCR is expected to grow.

Thus the above mentioned factors are expected to drive the growth of the market during the forecast period. However, high cost of digital PCR devices are expected to restrain the growth of the market.

Digital PCR Industry Segmentation

As per the Scope of the Report, Digital PCR is an advancement of traditional PCR which is used to detect and quantify DNA or a targeted part of DNA molecule. It dispenses a sample of DNA or complementary DNA into many individuals, parallel PCR reactions. It is used in various types of applications, such as DNA cloning, diagnosis of hereditary diseases, functional analysis of genes, paternity testing, detection of infectious diseases, and forensic sciences. The Digital PCR Market is segmented by Product Type (Digital PCR equipment, Consumables, reagents, Software, and Services), Technology (Droplet Digital PCR and BEAMing Digital PCR), Application (Clinical Diagnostics, Research, and Other Applications), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The report offers the value (in USD million) for the above segments. The market report also covers the estimated market sizes and trends for 17 different countries across major regions, globally. The report offers the value (in USD million) for the above segments.