MOUNTAIN VIEW, Calif., July 31, 2013 /PRNewswire/ -- Quantitative real-time polymerase chain reaction (qPCR) is a technique that has survived for decades, providing validated, publishable data for researchers and holding a favorable reputation for performance and sensitivity. This established technology, in turn, sustains the U.S. qPCR reagents market. As a result, the country's mature qPCR reagents market fared well through rough economic conditions.
According to the Frost & Sullivan analysis, U.S. qPCR Reagents Market, revenues are expected to grow from $650 million in 2012 to reach $858 million in 2017. The research, part of the Life Sciences (http://www.lifesciences.frost.com) Growth Partnership Service program, details market drivers and restraints, trends that will influence future market dynamics and competitive factors driving technology usage.
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"The expanding range of applications that utilize qPCR boost the qPCR reagents market as the continuous restocking of reagents is necessary for work to go on," said Frost & Sullivan Life Sciences Senior Industry Analyst Christi Bird. "Emerging high growth applications, including pharmacogenomics, and microRNA, non-coding RNA and epigenetics research, will add to the demand for qPCR reagents."
However, the market is restrained by maturity in established applications, high saturation and limited growth of qPCR instruments, as well as budget constraints, particularly in academic and government laboratories. Moreover, with several key qPCR pa
|SOURCE Frost & Sullivan|
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