MUMBAI, August 25, 2014 /PRNewswire/ --
During the past three decades since its invention, PCR has evolved to become one of the fundamental technology platforms in life sciences sector. The application segments of this platform are still expanding, driven by the expiry of key PCR patents. The demand for fast, accurate, and affordable diagnosis tests in healthcare segment has been another key driver of the PCR market. The rising investments in the field of companion diagnostics have also been boosting the demand for PCR. Food safety testing is another significant end-use segment of the technology, driven by both consumer demand and regulatory requirements.
In this report titled "The North American Markets for PCR Technologies", the analysts identifies the market dynamics in North America and forecasts the potential of the market related to product segments, technology segments, and end-use segments. The North American market, which accounted for approximately 40% of the global demand for PCR technologies, is expected to grow at a CAGR of around 6% during 2013-2018. The report estimates the market size of the key product and application segments of PCR and forecasts the growth based on market dynamics of these segments, which can impact the demand for PCR. Various technology segments are also analyzed in detail.
The study assesses alternate platforms that can potentially impact the demand for PCR. Evolving trends with respect to various aspects of PCR technology are also analyzed in detail. This is followed by patent analysis to identify the most active areas within PCR market that are gaining attention and investment by stake holders. Regulatory landscape of the key regional markets and end-use segments are also included in the report, since regulatory requirements directly impact the demand for PCR based tests.
Finally, the report analyses the activities of key players in the North American market. Nearly 50 company profiles are included in the report, which includes leading multinational companies as well as small and medium companies with promising platforms and products.
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