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(MoneyNewsWire.Net, September 08, 2017 ) The Europe High Resolution Melting Analysis Market was worth $62.14 million in 2016 and is projected to be growing at a CAGR of 3.2%, to touch $72.73 million by 2021. High Resolution Melting Analysis consists of screening the double stranded DNA, subjected to certain temperatures which heats and splits the DNA. The splitting is compared with that of a normal DNA splitting and abnormalities are noted.
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The important players in the Europe High Resolution Melting Analysis market include Thermo Fisher Scientific Inc. (U.S.), F. Hofmann-La Roche Ltd. (Switzerland), Bio-Rad Laboratories (U.S.), and QIAGEN N.V. (Netherlands). Other players in the market include Agilent Technologies Inc. (U.S.), bioMérieux S.A. (France), Illumina, Inc. (U.S.), Meridian Bioscience, Inc. (U.S.), Novacyt (France), Azura Genomics (U.S.), Canon Biomedical (U.S.), and PREMIER Biosoft (U.S.), among others.
The process of HRM helps in the identification of mutations, genetic abnormalities and polymorphisms. High Resolution Melting Analysis is a branch of molecular biology which includes other techniques like genotyping.
The growth of the Europe High Resolution Melting Analysis Market is mainly driven by the benefits that HRM offers over its counterparts like genotyping, which are its higher efficiency, high accuracy and smaller cycle times. Rising frequency of infectious diseases and genetic ailments, improving healthcare infrastructure, rising public-private investments in the genomics sector and the upsurge in the count of elderly populace are among the other drivers of market growth. Technological discrepancies, low awareness and low penetration of HRM technology are among the constraints that the market faces.
The Europe High Resolution Melting Analysis Market is segment on the basis of Product and Service, Application, End User and geography. Based on Product and Service, the market is divided into Instruments, Reagents and Consumables, Software and Services. Based on Application, the High Resolution Melting Analysis Market is segmented into Mutation Discovery, SNP Genotyping, Species Identification, Pathogen Identification, Epigenetics, and Other Applications. Based on the End User, the market is categorized into Pharmaceutical and Biotechnology Companies, Research Laboratories and Academic Institutes, Hospitals and Diagnostic Centers and others.
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The Europe market has been geographically segmented into Germany, U.K, France, Spain, and Italy. Europe holds the second position in terms of market share globally. There is still potential for market growth due to the presence of untapped markets and advancements in technology which might boost the market growth in this region
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