Global Thermal Cycler Market Trends |the Market Size Set to Grow to $766 Million by 2029

A thermal cycler is a laboratory device used for polymerase chain reaction (PCR), which amplifies DNA fragments by controlling the temperature cycle.
Overview of Market Development
Thermal cyclers are widely used in fields such as life science research, genetics research, forensic science, clinical diagnosis, etc., and the market demand is constantly growing. In addition, the development of new medical equipment and cutting-edge treatment methods has also driven the growth of the thermal cycler market. According to our research data, the estimated revenue of the global thermal cycler market in 2024 is $606 million, an increase of 5.12% compared to 2023.
In the future, with the continuous advancement and innovation of technology, the performance and functionality of thermal cyclers will be further improved to meet the needs of more fields. Meanwhile, the development of emerging markets will also bring new growth opportunities to the thermal cycler market. It is expected that by 2029, the global market revenue of thermal cyclers will continue to increase to $766 million.
Segmented Market Analysis
From the perspective of product types, thermal cyclers can usually be divided into two categories based on their performance characteristics: conventional thermal cyclers and real-time thermal cyclers. Among them, conventional thermal cyclers occupy a larger market share, estimated to be 54.80% in 2024.
From the perspective of application fields, thermal cyclers are widely used in gene expression analysis, nucleic acid amplification, gene cloning and analysis, mutation analysis, and cycle sequencing. Among them, gene expression analysis holds the highest market share in downstream applications, estimated to be 26.34% in 2024.

Global Thermal Cycler Market Revenue and Segment Market Share Forecast  

Global Thermal Cycler Market Revenue and Segment Market Share Forecast

Source: www.globalmarketmonitor.com
Market Analysis of Major Regions
From a regional perspective, the global thermal cycler market is concentrated in three major regions: North America, Europe, and Asia Pacific. Among them, Europe is the largest revenue market. The data shows that the estimated revenue of the European thermal cycle analyzer market in 2024 is $226 million, with an estimated market share of 37.29%; The Asia Pacific region is the fastest-growing market.
Global Thermal Cycler Market Revenue and Market Share by Region Forecast in 2024

Regions

Market Revenue (Million USD)

Market Share

North America

183

30.20%

Europe

226

37.29%

Asia Pacific

150

24.75%

South America

23

3.80%

Middle East & Africa

24

3.96%

Source: www.globalmarketmonitor.com

For more industry information, please refer to our latest released "2023 Global Thermal Cycler Market Analysis Report, Key Competitors, Market Effect Factors, Growth, And Forecast".

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