RT PCR Test Kits Market Report 2024 (Global Edition)

Global RT PCR Test Kits Market Report 2024 Market Size Split by Technology (Quantitative PCR, Digital PCR, Standard PCR, Real-time PCR), by Application (Infectious Disease Testing, Cancer Testing, Gen...

RT PCR Test Kits Market Report Description

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RT PCR Test Kits Market Insights Video

Competitive Landscape of the RT PCR Test Kits Market

The competitive landscape of the RT-PCR test kits market is dynamic, characterized by a range of players including established diagnostics companies and emerging biotech firms. Key factors driving competition include technological innovation, test accuracy, speed of results, and pricing. Companies focus on developing advanced, cost-effective solutions to capture market share and address diverse diagnostic needs.

For instance, in June 2021, Abbott launched the Panbio COVID-19 antigen self-test in India, expanding its rapid diagnostics portfolio to cater to testing needs at home, work, and clinics. The panbio self-test, which has earned CE Mark approval for over-the-counter use in both adults and children, offers a minimally invasive nasal swab and delivers results in just 15 minutes without requiring additional instrumentation. (Source: https://www.abbott.in/media-center/press-releases/abbott-launches-panbio-covid-19-antigen-self-test-in-india.html)

In November 2023, Roche introduced the LightCycler PRO System, a next-generation qPCR platform aimed at meeting evolving clinical and public health needs. This system is engineered to enhance both clinical diagnostics and research with its cutting-edge qPCR technology. The system’s advanced features leverage gold-standard technology, ensuring superior quality, precision, and reliability essential for accurate patient diagnostics and informed clinical decision-making. (Source: https://diagnostics.roche.com/global/en/news-listing/2023/roche-launches-next-generation-qpcr-system-to-advance-clinical-needs.html)

In June 2022, Becton, Dickinson and Company, a leading global medical technology firm, announced the CE marking of its BD MAX Respiratory Viral Panel (RVP). This new molecular diagnostic test simultaneously detects SARS-CoV-2, Influenza A and B, and Respiratory Syncytial Virus (RSV) under the IVD directive 98/79/EC. Utilizing a single nasal or nasopharyngeal swab, the test provides comprehensive results to identify if a patient is infected with COVID-19, the flu, or RSV. (Source: https://news.bd.com/2022-06-30-BD-Launches-Combination-Test-for-COVID-19,-Influenza-A-B-and-Respiratory-Syncytial-Virus)

Top Companies Market Share in RT PCR Test Kits Industry: (In no particular order of Rank)

• Thermo Fisher Scientific
• Inc.
• Bio-Rad Laboratories
• Inc.
• Qiagen N.V.
• Takara Bio
• Inc.
• Agilent Technologies
• Inc.
• Biomérieux S.A.
• Fluidigm Corporation
• Danaher Corporation
• Abbott Laboratories
• Merck KGaA
• Becton Dickinson and Company
• Promega Corporation
• Eppendorf AG
• Analytik Jena AG
• Meridian Bioscience
• Inc.
• Enzo Life Sciences
• Inc.
• Cole-Parmer Instrument Company LLC
• Bioneer Corporation
• Confidential Data
• Access The Paid Version
• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the RT PCR Test Kits Market

Which Region Dominates the RT PCR Test Kits Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024 due to its advanced healthcare infrastructure, high levels of investment in diagnostic technology, and strong regulatory frameworks. The region’s established diagnostic companies and significant research activities contribute to its market leadership. Additionally, high awareness of early disease detection and ongoing public health initiatives drive substantial demand for RT-PCR tests.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the RT PCR test kits market driven by increasing healthcare investments, rapid urbanization, and rising awareness of infectious diseases. The expanding population and improvements in healthcare infrastructure in emerging economies boost market growth. Additionally, the region's focus on enhancing diagnostic capabilities and addressing public health challenges fuels the accelerated adoption of RT-PCR technologies.

The current report Scope analyzes RT PCR Test Kits Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America RT PCR Test Kits Market

According to Cognitive Market Research, the global RT PCR test kits market size was estimated at USD 4126.6 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 1650.64 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.

• According to Cognitive Market Research, The US RT-PCR test kits market had a market share of USD 1,302.35 million in 2024 and is projected to grow at a CAGR of 4.5% during the forecast period. In the U.S., increased healthcare funding and focus on precision medicine will drive RT-PCR test kit sales, enhancing diagnostic accuracy.
• Canada’s RT-PCR test kits market had a market share of USD 198.08 million in 2024 and is projected to grow at a CAGR of 5.5% during the forecast period. Canada’s emphasis on early disease detection and comprehensive healthcare coverage boosts RT-PCR test kit demand, supporting timely and accurate diagnostics. Mexico’s RT-PCR test kits market had a market share of USD 150.21 million in 2024 and is projected to grow at a CAGR of 5.2% during the forecast period.

Europe RT PCR Test Kits Market

According to Cognitive Market Research, the global RT PCR test kits market size was estimated at USD 4126.6 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 1237.98 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.0% from 2024 to 2031.

• The United Kingdom’s RT-PCR test kits market had a market share of USD 207.98 million in 2024 and is projected to grow at a CAGR of 5.8% during the forecast period. The UK’s investment in advanced healthcare technologies and robust public health infrastructure will drive the demand for RT-PCR test kits.
• France’s RT-PCR test kits market had a market share of USD 113.89 million in 2024 and is projected to grow at a CAGR of 4.2% during the forecast period. Germany’s RT-PCR test kits market had a market share of USD 245.12 million in 2024 and is projected to grow at a CAGR of 5.2% during the forecast period. Germany’s strong healthcare system and commitment to innovation in diagnostics will drive the adoption of RT-PCR test kits across various applications.. Italy’s RT-PCR test kits market had a market share of USD 106.47 million in 2024 and is projected to grow at a CAGR of 4.4% during the forecast period. Russia’s RT-PCR test kits market had a market share of USD 191.89 million in 2024 and is projected to grow at a CAGR of 4.0% during the forecast period.. Spain’s RT-PCR test kits market had a market share of USD 101.51 million in 2024 and is projected to grow at a CAGR of 4.1% during the forecast period.. Luxembourg’s RT-PCR test kits market had a market share of USD 38.38 million in 2024 and is projected to grow at a CAGR of 5.1% during the forecast period. Portugal’s RT-PCR test kits market had a market share of USD 26.00 million in 2024 and is projected to grow at a CAGR of 4.8% during the forecast period. Greece’s RT-PCR test kits market had a market share of USD 14.86 million in 2024 and is projected to grow at a CAGR of 5.3% during the forecast period. Rest of Europe’s RT-PCR test kits market had a market share of USD 191.89 million in 2024 and is projected to grow at a CAGR of 3.7% during the forecast period.

Asia Pacific RT PCR Test Kits Market

According to Cognitive Market Research, the global RT PCR test kits market size was estimated at USD 4126.6 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 949.12 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.5% from 2024 to 2031.

• According to Cognitive Market Research, The China’s RT-PCR test kits market had a market share of USD 427.10 million in 2024 and is projected to grow at a CAGR of 8.0% during the forecast period. In China, rapid urbanization and heightened public health initiatives will fuel the growing demand for RT-PCR test kits, enhancing diagnostic capabilities.
• Japan’s RT-PCR test kits market had a market share of USD 130.98 million in 2024 and is projected to grow at a CAGR of 7.0% during the forecast period. India’s RT-PCR test kits market had a market share of USD 113.89 million in 2024 and is projected to grow at a CAGR of 10.3% during the forecast period. India’s expanding healthcare sector and increasing awareness of infectious diseases will significantly boost the adoption of RT-PCR test kits for accurate diagnostics. South Korea’s RT-PCR test kits market had a market share of USD 94.91 million in 2024 and is projected to grow at a CAGR of 7.6% during the forecast period. Australia’s RT-PCR test kits market had a market share of USD 49.35 million in 2024 and is projected to grow at a CAGR of 8.2% during the forecast period. South East Asia’s RT-PCR test kits market had a market share of USD 65.49 million in 2024 and is projected to grow at a CAGR of 9.5% during the forecast period. Rest of Asia Pacific’s RT-PCR test kits market had a market share of USD 67.39 million in 2024 and is projected to grow at a CAGR of 8.3% during the forecast period.

South America RT PCR Test Kits Market

According to Cognitive Market Research, the global RT PCR test kits market size was estimated at USD 4126.6 Million, out of which the Latin America held the major market share of more than 5% of the global revenue with a market size of USD 206.33 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2031.

• According to Cognitive Market Research The Brazil’s RT-PCR test kits market had a market share of USD 88.31 million in 2024 and is projected to grow at a CAGR of 6.5% during the forecast period. In Brazil, growing healthcare investments and increased focus on managing infectious diseases will drive the demand for RT-PCR test kits across the country.
• Argentina’s RT-PCR test kits market had a market share of USD 34.66 million in 2024 and is projected to grow at a CAGR of 6.8% during the forecast period. Argentina’s rising healthcare expenditure and focus on disease surveillance will enhance the market for RT-PCR test kits, improving diagnostic accuracy. Colombia’s RT-PCR test kits market had a market share of USD 18.36 million in 2024 and is projected to grow at a CAGR of 5.7% during the forecast period. Peru’s RT-PCR test kits market had a market share of USD 16.92 million in 2024 and is projected to grow at a CAGR of 6.1% during the forecast period. Chile’s RT-PCR test kits market had a market share of USD 14.86 million in 2024 and is projected to grow at a CAGR of 6.2% during the forecast period. Rest of Latin America’s RT-PCR test kits market had a market share of USD 33.22 million in 2024 and is projected to grow at a CAGR of 5.0% during the forecast period.

Middle East and Africa RT PCR Test Kits Market

According to Cognitive Market Research, the global RT PCR test kits market size was estimated at USD 4126.6 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 82.53 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031..

• The GCC Countries’ RT-PCR test kits market had a market share of USD 35.32 million in 2024 and is projected to grow at a CAGR of 7.0% during the forecast period. The GCC’s investments in healthcare infrastructure and emphasis on advanced diagnostics will drive the demand for RT-PCR test kits in the region.
• Egypt’s RT-PCR test kits market had a market share of USD 8.67 million in 2024 and is projected to grow at a CAGR of 6.5% during the forecast period. South Africa’s RT-PCR test kits market had a market share of USD 13.04 million in 2024 and is projected to grow at a CAGR of 7.2% during the forecast period. In South Africa, efforts to strengthen healthcare systems and address infectious diseases will drive the increased adoption of RT-PCR test kits. Turkey’s RT-PCR test kits market had a market share of USD 7.10 million in 2024 and is projected to grow at a CAGR of 5.7% during the forecast period.. Nigeria’s RT-PCR test kits market had a market share of USD 8.67 million in 2024 and is projected to grow at a CAGR of 5.3% during the forecast period. Rest of MEA’s RT-PCR test kits market had a market share of USD 9.74 million in 2024 and is projected to grow at a CAGR of 5.2% during the forecast period.

RT PCR Test Kits Market Analysis

RT PCR Test Kits Market Technology Segment Analysis

According to Cognitive Market Research, real-time PCR stands out as the dominant category over the projected period due to its ability to provide rapid, accurate, and quantitative results. Its advanced technology allows for continuous monitoring of amplification, enhancing diagnostic precision and efficiency. High demand for reliable and real-time data in clinical diagnostics and research drives the widespread adoption of real-time PCR test kits.

Digital PCR emerges as the fastest-growing category in the RT PCR test kits market due to its exceptional sensitivity and accuracy. It allows for the precise quantification of nucleic acids, making it ideal for detecting low-abundance targets. Increasing research applications, advancements in technology, and a growing focus on personalized medicine and genomics drive the rapid expansion of digital PCR in the market.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of RT PCR Test Kits Industry. Request a Free Sample PDF!

RT PCR Test Kits Market Application Segment Analysis

According to Cognitive Market Research, the dominant category is infectious disease testing due to the high prevalence of viral and bacterial infections globally. The urgent need for accurate and timely diagnostics to manage outbreaks and prevent the spread of diseases drives substantial demand for RT-PCR test kits. Ongoing public health initiatives and surveillance programs further boost the market for infectious disease testing.

The fastest-growing category in the RT PCR test kits market is genetic testing driven by advancements in genomics and personalized medicine. Increasing awareness of genetic disorders, the rise in demand for personalized health insights, and ongoing research into genetic diseases contribute to its rapid growth. Technological innovations and decreasing costs of genetic testing make it more accessible, further accelerating market expansion.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

RT PCR Test Kits End User Segment Analysis

RT PCR Test Kits Market End User Segment Analysis

According to Cognitive Market Research, the dominant category is diagnostic laboratories due to their widespread use of RT-PCR test kits for routine diagnostic testing. Their extensive infrastructure and high sample throughput make them key players in the market. The increasing need for accurate diagnostics in clinical settings drives ongoing demand, reinforcing the central role of diagnostic laboratories.

The fastest-growing category in the RT PCR test kits market is research institutes driven by the need for advanced diagnostic tools in scientific research. The expansion of genomics, personalized medicine, and infectious disease studies fuels demand for precise and innovative RT-PCR technologies. Collaborations and funding for cutting-edge research further accelerate the growth of RT-PCR test kit usage in these institutions.

• Diagnostic Laboratories
• Hospitals
• Research Institutes
• Others

Author's Detail

Anushka Gore

Research Associate at Cognitive Market Research

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Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.

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