(PharmaNewsWire.Com, September 07, 2017 ) The Middle East and Africa qPCR Reagents market was worth USD 0.11 billion in 2016 and estimated to be growing at a CAGR of 7.325%, to reach USD 0.25 billion by 2021. QPCR a technique used in biological sciences and is finding applications in forensic, research and diagnostic purposes and is quickly opening up to other avenues of biological sciences. The term qPCR reagents market size defines the market for reagents used in real-time PCR, common examples include DNA polymerase, dNTP and Taq Buffer.
Real-Time PCR or qPCR was initially developed as a precise and efficient technique for nucleic acid detection. It is based on the Polymerase Chain Reaction technology with a few improvements. It combines nucleic acid detection and amplification in one step and it also uses less materials than the traditional PCR. In this process, the quantification may be done based on fluorescent detection.
The rise of the qPCR Reagents is mainly attributed to the technological advancements in the life science sector. The increasing private and public-sector influx of money into research is also helping the cause and is driving the market forward. Other factors include the rise in geriatric population and population affected by genetic disorders or infectious diseases. Inspite of the numerous drivers, the few restrains that exist are enough to keep the market from growing freely. The most noteworthy restriction is the technical limitations that come associated with the use of the technology and the lack of sufficient number of skilled personnel. The inflated costs are yet another turn-off for the market growth.
The Middle East and Africa qPCR Reagents market is broadly classified based on Detection Method into Dye-Based qPCR Reagents and Probes and Primer-Based qPCR Reagents, based on Packaging Type into qPCR Core Kits and qPCR Mastermixes. Based on End User they are classified into Hospitals & Diagnostic Centres, Research Laboratories & Academic Institutes, Pharmaceutical & Biotechnology Companies, Clinical Research Organizations and Forensic Laboratories and on the basis of Application they are classified into Diagnostic, Research and Forensic Applications. Based on geography, the Middle East and Africa market is analysed under Middle-East and Africa. The major markets in the region include Saudi Arabia, Qatar, UAE and South Africa. The region has the smallest market share globally as of now but a positive improvement in growth rate means there is scope for the region to develop more in future years.
There are number of multinational companies operating in the field of qPCR reagents market. The major market players in the Middle East and Africa qPCR Reagents market are Thermo Fisher Scientific, Bio-Rad Laboratories, Qiagen N.V., F. Hoffmann-La Roche, Agilent Technologies Inc., Takara Bio, Affymetrix Inc., Promega Corporation, Sigma-Aldrich Corporation, and Quanta Biosciences.
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