Global PCR Plate Sealer demand is anticipated to be valued at US$ 5 Billion in 2022, forecast to grow at a CAGR of 4.8% to be valued at US$ 7.99 Billion from 2022 to 2032. From 2021 to 2022, the industry experienced a y-o-y increase of 4.2%. As of 2021, the market was valued at US$ 4.8 Billion.
| Report Attribute | Details |
|---|---|
| Estimated Base Year Value (2021) | US$ 4.8 Billion |
| Expected Market Value (2022) | US$ 5 Billion |
| Anticipated Forecast Value (2032) | US$ 7.99 Billion |
| Projected Growth Rate (2022 to 2032) | 4.8% CAGR |
A PCR plate sealer reduces sample evaporation during the experimental process. It also eliminates the possibility of human error in plate sealing. Seals are made of sterilized material that is free of impurities like DNase, RNase, human genomic DNA, bacterial cell, eukaryotic cell, dust, endotoxins, and pyrogens. PCR Plate sealers for standard height and deep well plates are available.
Most plate sealer instruments on the market are compatible with a wide range of versatile instrument plates as well as a wide range of heat sealing films and foils. The market for PCR plate sealers is expected to grow during the forecast period because the polymerase chain reaction technique is widely used in biochemistry and molecular biology research projects.
The availability of seals with properties such as peelability, pierceability, optical clarity, temperature stability, and solvent resistance is expected to drive the global plate sealer market. Furthermore, the availability of high-quality sealing instruments, as well as an increase in research activities in the field of life sciences, is expected to boost the market.
Furthermore, advanced features found in automated plate sealer instruments, such as variable temperature and time settings, a touch screen, and a user-friendly interface, is expected to drive the market in the near future. Automation technology and material science advancements are likely to provide appealing opportunities for PCR plate sealer market players to manufacture technologically versatile plate sealer instruments.
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The market is expected to be restrained by high maintenance costs and the high cost of advanced plate sealer instruments.
The Asia Pacific market is expected to expand at a rapid pace during the forecast period, as governments undertake initiatives to improve the region's research and development infrastructure. Furthermore, the Asia Pacific region is expected to expand the production of cost-effective yet PCR plate sealer market, with China, in particular, exhibiting rapid growth in the PCR plate sealer market over the forecast period.
Principal Consultant
According to Future Market Insights, North America is the most profitable region for the PCR plate sealer market. Because of the presence of a large number of research and development centers and medical device companies, North America contributes to being the highest revenue generating segment. Because of the growing number of diagnostic laboratories and the entry of medical device manufacturing companies in these regions, North America accounts for a sizable revenue share in the PCR plate sealer market.
Some of the key participants present in the global PCR Plate Sealer market include Agilent Technologies, F. Hoffmann La-Roche AG, Fluidigm Corporation, QIAGEN, GE Healthcare, Bio Rad Laboratories Inc., Thermo Fischer Scientific, Danaher Corporation and Thomas Scientific among others.
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| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 4.8% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2015 to 2020 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in USD Billion, Volume in Kilotons and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered | Product Type, Application, End User, Region |
| Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Oceania; Middle East & Africa |
| Key Countries Profiled | USA, Canada, Brazil, Mexico, Germany, UK, France, Spain, Italy, Russia, Australia & New Zealand, China, Japan, South Korea, India, ASEAN, GCC, South Africa |
| Key Companies Profiled | Agilent Technologies; F. Hoffmann La-Roche AG; Fluidigm Corporation; QIAGEN; GE Healthcare; Bio Rad Laboratories Inc.; Thermo Fischer Scientific; Danaher Corporation; Thomas Scientific |
| Customization | Available Upon Request |
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FMI projects the global PCR plate sealer market to expand at a 4.8% value CAGR by 2032.
Asia Pacific is expected to be the most opportunistic PCR Plate Sealer market.
Bio-Rad Laboratories, Inc., Thermo Fischer Scientific and La-Roche are some key PCR plater sealer manufacturers
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PCR Plate Sealer Market
