The global PCR market is projected to reach around US$38.1 billion by 2015, with a CAGR of 11.6%

The global PCR market is projected to reach around US$38.1 billion by 2015

, with a CAGR of 11.6%

The broad life science' division has been witnessing a rapid growth and technological improvements varying from sector to sector since the past 3-5 years. Accelerating growth rate exhibited by the PCR industry, even during the recession years, confirms the positive growth prospects going ahead. Among the major developments in the recent years, gene amplification technology indicates the highest potential growth. Molecular diagnostics and the Human Genome Project (HGP) are two of the main drivers that contribute to the growth of gene amplification technology. It covers all segments such as drug discovery, DNA amplification, forensic identification, gene therapy and diagnosis. Freshly developed PCR Instruments for detecting most of the life threatening diseases also signal positive demand growth.

The report primarily focuses on Emerging market trends, Advancements in the technological space, Market demand of the segments (by-region), Key growth areas and market size, Key competitor's Edge.

The analysis primarily deals with three major market segments i.e., research, diagnosis and instruments. Further, the subdivided categories include:

Research:

DNA Sequencing

Forensic Science

DNA Cloning

Others

Diagnosis:

Infectious Diseases

Cancer

Genetic Abnormalities

Instruments:

Instrumentation

Reagents

Consumables

The period considered for the PCR market analysis is 2007-2015. The region wise distribution of the market consists of North America (USA and Canada), Europe (France, Germany, United Kingdom, Italy, Spain and Rest of Europe), Asia Pacific (Japan, China, India, Korea and Rest of Asia-Pacific), Latin America (Brazil, Columbia, Argentina and Rest of Latin America) and Rest of the World. Incorporating the recession impacts on the industry, the market growth rate in the major economies such as the U.S., Japan, China etc. are estimated individually for the upcoming years.

Estimates are based on online surveys using customized questionnaires by our research team. Besides information from government databases, company websites, press releases & published research reports are also used for estimates. Estimates have incorporated recessionary impact on the PCR industry. Anticipated of protracted economic recovery towards to 2011, we have used CAGR to forecasts to 2011 till 2015.

Global Market Watch:

The global PCR market is projected to reach around US$38.1 billion by 2015, with a Compounded Annual Growth Rate (CAGR) of 11.6% for the analysis period, 2007-2015. North America is estimated as the largest market with a market share of 40% of global market and projects US$8.5 billion by end-2010. Europe and Asia-Pacific together account for approximately 55% of the global market share. Interestingly, Latin America is seen as the fastest growing market with a CAGR of 15.3%, to worth around US$0.8 billion in 2015. Irrespective of the economic turmoil, Japan is expected to hold the second rank among the countries holding top-PCR market share, figured to occupy 13% of the global market in 2012 with a market value of US$3.3 billion.

For more information please click on:

http://www.axisresearchmind.com/report-data.php?id=5

http://www.articlesbase.com/press-releases-articles/the-global-pcr-market-is-projected-to-reach-around-us381-billion-by-2015-with-a-cagr-of-116-2785475.html

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