Future Market Insights presents a detailed forecast and in-depth
insights on the global DNA polymerase market in a new report titled
‘DNA Polymerase Market: Global Industry Analysis (2012 – 2016)
and Opportunity Assessment (2017 – 2027).’ According to the
report, the global DNA polymerase market is anticipated to record a
compounded annual growth rate of 6.5% and reach a market value of US$
389.4 Mn in 2027.
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https://www.futuremarketinsights.com/reports/dna-polymerase-market
Staggering increase in the use of DNA polymerases in point-of-care
and molecular diagnostics kits is expected to continue to influence
the adoption of DNA polymerases. Increasing use of DNA polymerases in
epigenetics research, in addition to the increasing investments in
life sciences R&D is also expected to boost revenue growth of the
global market. However, high cost of reagents and availability of
alternative techniques are expected to limit market growth over the
forecast period.
By product type, growth of the eukaryotic DNA polymerase segment will
be positively impacted by the introduction of various innovative
products such as high-fidelity DNA polymerase that show excellent
results in whole blood and other samples containing crude lysates.
These products have been used in direct PCR applications, with
limited sample processing, which have been a constant requirement
especially for high throughput applications. In addition, the use of
PCR-based technologies in point-of-care tests, companion diagnostics
and other applications have led to a major boost for the DNA
polymerase market.
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Manufacturers of DNA polymerases are entering into distribution
agreements to extend product reach and collaborations to ensure they
gain market share and remain competitive in global markets.
Eukaryotic DNA polymerase segment is expected to hold the highest
share of the market, as well as display strong growth, expanding at a
CAGR of 6.7% over the forecast period. Among end use segments,
molecular diagnostics companies are expected to hold the largest
share of the global DNA polymerase market at over 31% market share in
terms of revenue in 2027. However, the academic and research
institutes segment is anticipated to expand at a robust growth rate
of 7.4% over the forecast period.
FMI’s report segments the global DNA polymerase market on the basis
of region into North America, Western Europe, Eastern Europe, Latin
America, Asia Pacific Excluding Japan, Japan, and the Middle East &
Africa. This report assesses key trends driving each market segment
and offers analysis and insights on the DNA polymerase market across
specific regions. The market in North America is anticipated to
dominate the global DNA polymerase market with maximum value share by
end of 2027, accounting for over 56% in terms of revenue. In terms of
value, the market in Latin America is expected to be the fastest
growing, registering a CAGR of 7.8% over the forecast period. The
market in Asia Pacific Excluding Japan is also expected to show a
significant growth of 7.7% over the forecast period.
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Some of the key competitors covered in this report include Thermo
Fisher Scientific Inc, Roche Diagnostics, Agilent Technologies,
Qiagen NV, Takara Bio Company, Merck KGaA, Genscript, Illumina, New
England Biolabs, and Promega Corporation. These vendors in the global
DNA polymerase market are expanding their business by launching new
and innovative products tailored for both research and in-vitro
applications. Companies are also focussing on emerging markets in
Asia Pacific to increase their geographical presence and tap into
various end use segments that have the ability to invest in R&D
for life sciences as well as develop innovative diagnostics tools.
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