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 beenanalysis is 2007-2015.  The region wise distribution
witnessing a rapid growth and technologicalof the market consists of North America (USA
improvements varying from sector to sectorand Canada), Europe (France, Germany, United
since the past 3-5 years. Accelerating growth rateKingdom, Italy, Spain and Rest of Europe), Asia
exhibited by the PCR industry, even during thePacific (Japan, China, India, Korea and Rest of
recession years, confirms the positive growthAsia-Pacific), Latin America (Brazil, Columbia,
prospects going ahead.  Among the majorArgentina and Rest of Latin America) and Rest of
developments in the recent years, genethe World. Incorporating the recession impacts on
amplification technology indicates the highestthe industry, the market growth rate in the
potential growth. Molecular diagnostics and themajor economies such as the U.S., Japan, China
Human Genome Project (HGP) are two of theetc. are estimated individually for the upcoming
main drivers that contribute to the growth ofyears.
gene amplification technology. It covers allEstimates are based on online surveys using
segments such as drug discovery, DNAcustomized questionnaires by our research team.
amplification, forensic identification, gene therapyBesides information from government databases,
and diagnosis. Freshly developed PCR Instrumentscompany websites, press releases &
for detecting most of the life threatening diseasespublished research reports are also used for
also signal positive demand growth.estimates. Estimates have incorporated
The report primarily focuses on Emerging marketrecessionary impact on the PCR industry.
trends, Advancements in the technological space,Anticipated of protracted economic recovery
Market demand of the segments (by-region), Keytowards to 2011, we have used CAGR to
growth areas and market size, Key competitor'sforecasts to 2011 till 2015.
Edge.Global Market Watch:
The analysis primarily deals with three majorThe global PCR market is projected to reach
market segments i.e., research, diagnosis andaround US$38.1 billion by 2015, with a
instruments. Further, the subdivided categoriesCompounded Annual Growth Rate (CAGR) of
include:11.6% for the analysis period, 2007-2015. North
Research:America is estimated as the largest market with
- DNA Sequencinga market share of 40% of global market and
- Forensic Scienceprojects US$8.5 billion by end-2010. Europe and
- DNA CloningAsia-Pacific together account for approximately
- Others 55% of the global market share. Interestingly,
Diagnosis:Latin America is seen as the fastest growing
- Infectious Diseasesmarket with a CAGR of 15.3%, to worth around
- CancerUS$0.8 billion in 2015. Irrespective of the economic
- Genetic Abnormalitiesturmoil, Japan is expected to hold the second rank
Instruments:among the countries holding top-PCR market
- Instrumentationshare, figured to occupy 13% of the global
- Reagentsmarket in 2012 with a market value of US$3.3
- Consumablesbillion.
The period considered for the PCR market