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(MoneyNewsWire.Net, October 07, 2017 ) The Latin America qPCR Reagents market was worth USD 0.17 billion in 2016 and estimated to be growing at a CAGR of 8.44%, to reach USD 0.25 billion by 2021. QPCR combines PCR amplification and detection into a single step. This eliminates the need to detect products using gel electrophoresis, and more importantly it enables the method to be used in a quantitative way. With qPCR fluorescent dyes are used to label the PCR products for thermal cycling.
The procedure is used in forensic, research and diagnostic purposes and is quickly finding applications in other avenues of biological sciences. The term qPCR reagents market defines the market for reagents used in real-time PCR, common examples include DNA polymerase, dNTP and Taq Buffer.
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The rise of the qPCR Reagents is mainly attributed to the high penetration of the technology among key end users and the increasing public and private funding to expand the application base of PCR. The ongoing technological advancements and the rise in the geriatric population along with the rising population base for genetic diseases drive the market forwards. The market is restrained by problems such as high costs, technical limitations associated with it and lack of skilled personnel.
The Latin America 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 Latin America market is divided into Argentina, Brazil and Mexico. The market is one that offers immense scope in the coming years inspite of being the second smallest market at present. The CAGR for the region is second highest only behind Asia-Pacific. The region is one that will become a major player in future years.
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There are number of multinational companies operating in the field of qPCR reagents market. The major market players in the Latin America 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.
Market Segmentation
1) Detection Method
Introduction
Dye-Based qPCR Reagents
Probes and Primer-Based qCPR Reagents
Y-o-Y Growth Analysis, By Detection Method
Market Attractiveness Analysis, By Detection Method
Market Share Analysis, By Detection Method
2) Packaging Type
Introduction
QPCR Core Kits
qCPR Mastermixes
Y-o-Y Growth Analysis, By Packaging Type
Market Attractiveness Analysis, By Packaging Type
Market Share Analysis, By Packaging Type
3) End User
Introduction
Hospitals & Diagnostic Centre
Research Laboratories & Academic Institutes
Pharmaceutical and Biotechnoloy Companies
Clinical Research Organizations
Forensic Laboratories
Growth Analysis, By End User
Market Attractiveness Analysis, By End User
Market Share Analysis, By End User
4) Application
Introduction
Diagnostic
Research
Forensic
Y-o-Y Growth Analysis, By Applications
Market Attractiveness Analysis, By Applications
Market Share Analysis, By Applications
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Reasons to buy Latin America qPCR Reagents Market Research Report:
Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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