Digital Polymerase Chain Reaction Market Worth $3.97 Billion by 2019 - New Research Report by MarketsandMarkets
(PRWEB) February 20, 2015 -- The number of factors such as growing geriatric population, technological advancements, rising incidence of infectious diseases, increased public-private investments and funds are driving the growth of the global digital PCR and qPCR market.
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As of 2014 North America holds the largest share of the digital PCR and qPCR market followed by Europe. However the Asia-Pacific market is expected to grow at the highest CAGR during the forecast period. A number of factors such as increased awareness related to gene-based disease diagnosis and treatment, growing public and private support to develop novel dPCR and qPCR technologies, rise of Indian genomics market and strengthening cancer research in Japan increasing focus of global life science companies in emerging markets are stimulating the growth of the digital PCR and qPCR market in the Asia-Pacific region.
As of 2013 Thermo Fisher Scientific Inc. (U.S.) held the leadership position in the global digital PCR and qPCR market. Over the past three years, the company adopted new product launches, product enhancements, geographic expansions and strategic acquisitions as its key business strategies to ensure its dominant position in this market.
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