Global One-Step RT-PCR Kit Market Opportunities and Forecast 2023-2030

One-Step RT-PCR Kit Market Overview

The global One-Step RT-PCR Kit market is expected to grow at a moderate rate during the forecast period. Growing awareness about the need for diagnostics in the healthcare sector is boosting the growth of the global one-step RT-PCR market. An increasing number of incidences of viral diseases would help growth of the market. Furthermore, the surge in geriatric population who are susceptible to suffer from viral diseases would help the industry generate higher revenue during the forecast period.

Moreover, governments in many countries are supporting and taking initiatives for the adoption of diagnostics in the healthcare sector is the important factor expected to boost the growth of the One-Step RT-PCR Kit market in near future. In addition to this, growing health care expenditure is further driving the expansion of this market globally.

On the other hand, a lack of awareness among patients regarding the use of diagnostic kit and the high cost of testing kits, along with the challenges associated with the handling and use of test kits is likely to hamper the global One-Step RT-PCR Kit market during the forecast period.

Covid-19 Impact on One-Step RT-PCR Kit Market:

In addition, the current One-Step RT-PCR Kit Market study offers a detailed analysis of the current COVID-19 pandemic impact on the market growth and its influence on the future growth of the One-Step RT-PCR Kit Market. The recently published report demonstrates the elevation in the demand for the healthcare sector. The healthcare manufacturers have experienced long term as well as short term effect which includes supply shortages, panic buying and stocking, regulation changes as short-term whereas approval delays and possible trend variations in consumption could be perceived as long-term impacts of COVID-19 on the health and pharmaceutical market.

The increasing need for a cure has pushed vaccine research and manufacturers to the limit. In addition to this, panic conditions have already spurred the demand for many healthcare products and services which are discussed in detail in this report. Moreover, the impact of COVID-19 on overall market revenue for the base year 2020 and its projection up to 2027 is provided in detail in this report.

One-Step RT-PCR Kit Market Segment Overview

According to Product Type types, the market is segmented into colorimetric assays, immunological methods, chromatography, mass spectrometry, spectrometry instruments, and others. Among these chromatography holds the largest share of the market mainly due to the growing demand for chromatography techniques due to the cost efficiency, which would help the market grow in the coming years.

Based on application, the market is categorized into drug discovery and development, clinical diagnosis, and others. The drug discovery and development segment are expected to grow at the highest rate in the coming years. This growth owes to the advent of novel viruses which requires newer drugs to combat with the infections, thus it boosting the demand for One-Step RT-PCR Kit globally. Furthermore clinical diagnosis segment is expected to gain significant shares, owing to the need for diagnostics for novel infections which would propel the growth of the market growth in the coming years.

Market Analysis, Insights and Forecast – By Technology

·       Colorimetric Assays
·       Immunological Methods
·       Chromatography
·       Mass Spectrometry
·       Spectrometry Instruments
·       Others

Market Analysis, Insights and Forecast – By Product

·       Kits And Reagents/Consumables
·       Instruments
·       Services

Market Analysis, Insights, and Forecast – By Application

·       Drug Discovery And Development
·       Clinical Diagnosis
·       Others

Market Analysis, Insights, and Forecast – By End Users

·       Academic And Research Institutes
·       Biotechnology And Pharmaceutical Companies
·       Contract Research Organizations
·       Others

One-Step RT-PCR Kit Market Regional Overview

Region-wise, North America dominated the global One-Step RT-PCR Kit market and is expected to continue its dominance during the forecast period. Factors such as the rising number of incidence of respiratory related diseases and COVID-19 in the healthcare sector would help the market gain traction during the forecast period. In addition, increased health care expenditure for diagnostics helps to propel the growth of the market in North America. Similarly, Asia Pacific is also expected to account for the fastest growth in the global market owing to well-established health care infrastructure. Factors such as rising awareness about health, development in the health care infrastructure, a surge in investment for the diagnostics test kits that are cost efficient, and growing adoption of one-step RT-PCR for diagnosis of the novel disease due to greater advantages offered by the kits are expected to escalate the growth of the One-Step RT-PCR Kit market in the Asia Pacific region.

One-Step RT-PCR Kit Market, By Geography

·       North America (US & Canada)
·       Europe (UK, Germany, France, Italy, Spain, & Rest of Europe)
·       Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
·       LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)

One-Step RT-PCR Kit Market Competitor overview

Some key developments and strategies adopted by manufacturers in the One-Step RT-PCR Kit are highlighted below.

·       In October 2020, Omixon launched AzureSeq-200 CE IVD Kit for One-step RT-qPCR detection of sars-cov-2 and announced exclusive agreement with seqonce biosciences. 

One-Step RT-PCR Kit Market, Key Players

·       Thermo Fisher Scientific
·       New England Biolabs
·       Boster Biological Technology Ltd
·       QIAGEN
·       Takara Bio (Takara Holdings)
·       Jena Bioscience
·       Meridien Bioscience
·       Merck KGaA
·       Intact Genomics, Inc.
·       PerkinElmer