Thermal Cyclers Market Share & Trends Analysis Report by End-user (Pharmaceutical Industries, Academic and Research Institutes, Diagnostic Laboratories), by Application, Diagnostics, Sequencing Cloning, Genotyping, Mutagenesis, Manufacturing and Quality Control Testing, Clinical Research, Forensics), by Type (Test Mesa Type, Floor Stand Type), by Product Type (Instruments, Accessories), By Region, and Segment Forecasts, 2023-2031

Report Id: 2535 Pages: 180 Last Updated: 19 June 2024 Format: PDF / PPT / Excel / Power BI
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Thermal Cyclers Market Size is valued at USD 1.03 Bn in 2023 and is predicted to reach USD 1.86 Bn by the year 2031 at an 7.8% CAGR during the forecast period for 2024-2031.

Thermal Cyclers Market info
Thermal cyclers, also referred to as PCR (Polymerase Chain Reaction) machines or thermocyclers, are laboratory instruments used to amplify segments of DNA via the PCR process. They are essential tools in molecular biology, genetics, and various biological research and medical diagnostics fields. Thermal cyclers are available in a variety of sizes and configurations, equipped with features to suit different needs. Standard features include a heated lid to prevent condensation, ensuring the integrity of the samples. They often have a gradient function, allowing for different temperatures in different parts of the block, which is helpful for optimizing PCR conditions.

Additionally, thermal cyclers have the ability to program and store multiple PCR protocols, providing convenience and efficiency for repetitive experiments and varying research requirements. Thermal cyclers are crucial in carrying out the polymerase chain reaction (PCR) of DNA for scientific experiments, facilitating the precise amplification of DNA sequences. They maintain optimal temperatures during biochemical reactions, such as DNA cloning for sequencing, DNA amplification, and DNA-based phylogeny studies. Additionally, thermal cyclers heat and cool DNA samples efficiently for genotyping, ensuring accurate genetic analysis. These instruments are indispensable in performing genetic tests, aiding in the clinical diagnosis of various diseases. Furthermore, they create thermal gradients, allowing researchers to determine the optimal PCR conditions, such as primer annealing, thereby enhancing experimental accuracy and efficiency.

Advancements in thermal cycler technology, such as improved temperature control, faster cycling times, and higher throughput, are making these instruments more efficient and user-friendly. Additionally, developing new PCR techniques like real-time PCR (qPCR) is creating new applications for thermal cyclers. Faster heating/cooling rates, higher throughput capabilities, and improved user interfaces drive their adoption and market growth.

Competitive Landscape

Some of the Major Key Players in the Thermal Cyclers Market are

  • Agilent Technologies, Inc
  • Thermo Fisher Scientific Inc
  • Boeckel & Co. GmbH
  • Hamilton Company
  • Hoffmann-La Roche Ltd
  • Analytik Jena GmbH
  • Scilogex LLC
  • Biomérieux
  • Bio-Techne
  • GNA Biosolutions GmbH
  • Bio-Rad Laboratories, Inc
  • Eppendorf SE
  • Hercuvan
  • Bioline International
  • DiaSorin S.p.A
  • Others

Market Segmentation:

The Market is segmented based on end-user, application, type, product type, and region. The end-user segment is categorized as pharmaceutical industries, academic and research institutes, diagnostic laboratories, and others. by application segmented into diagnostics, sequencing cloning, genotyping, mutagenesis, manufacturing and quality control testing, clinical research, forensics, and others. by type, the market segmented into test mesa type, floor stand type, and others. The market is segmented by Product Type into Instruments, Accessories, and Others.

The Diagnostic Laboratories Segment Is Expected To Have The Highest Growth Rate During The Forecast Period.

Based on the end user, the market is segmented into pharmaceutical industries, academic and research institutes, diagnostic laboratories, and others. The Diagnostic Laboratories Segment is predicted to have the highest growth rate during the forecast period. Diagnostic laboratories are experiencing a significant increase in demand for genetic testing, a trend heavily reliant on PCR and thermal cyclers for swift and precise results. This surge is driven by the growing emphasis on personalized medicine, where tailored treatments based on individual genetic profiles necessitate advanced thermal cycler capabilities within diagnostic settings. As diagnostic laboratories continue to evolve technologically and expand their testing capabilities, thermal cyclers play a pivotal role in supporting the rapid and accurate assessment of genetic information critical to patient care and medical decision-making.

The Product Type Segment Dominate the Market

Based on the Product Type, the market segmented into instruments, accessories, others. The Product Type Segment Dominate the Market. Thermal cyclers themselves are the core instruments used in PCR. They house the heating and cooling components essential for the amplification process. Continuous innovations in thermal cycler technology, such as improved heating and cooling capabilities, faster cycling times, increased throughput, and integration with advanced software for protocol programming and data analysis, drive the market for these instruments.

North America Led the Thermal Cyclers Market

North America boasts prominent academic and research institutions that conduct extensive molecular biology and genetic research. These institutions drive demand for thermal cyclers in academic research, drug discovery, and biotechnology applications. Many leading manufacturers of thermal cyclers are based in North America or have significant operations there. This proximity allows for easier access to technology advancements, customer support, and distribution networks, contributing to market dominance.

Recent Developments:

  • In Sept 2023, Bio-Rad Laboratories, Inc., the introduction of its PTC Tempo 48/48 and PTC Tempo 384 Thermal Cyclers, intended to assist PCR applications in fundamental and translational research, process development, and quality control. The company is a global pioneer in life science research and clinical diagnostic technologies.
  • In Nov 2023, F. Hoffmann-La Roche Ltd, declared the official launch of the LightCycler® PRO System . This system is built upon the tried-and-true gold standard technology of the LightCycler® Systems that came before it. This novel system bridges the gap between in-vitro diagnostics and translational research while also raising the standard for performance and usability. Roche's molecular PCR testing portfolio, which offers solutions for a range of healthcare professionals, including those conducting research and those testing patients for infectious diseases, cancer, and other public health issues, is further enhanced by the LightCycler PRO System.

Thermal Cyclers Market Report Scope

Report Attribute Specifications
Market Size Value In 2023 USD 1.03 Bn
Revenue Forecast In 2031 USD 1.86 Bn
Growth Rate CAGR CAGR of 7.8% from 2024 to 2031
Quantitative Units Representation of revenue in US$ Bn and CAGR from 2024 to 2031
Historic Year 2019 to 2023
Forecast Year 2024-2031
Report Coverage The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends
Segments Covered By End-User, By Application, By Type, By Product Type, by region
Regional Scope North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Country Scope U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; Southeast Asia; South Korea; South East Asia
Competitive Landscape Agilent Technologies, Inc, Thermo Fisher Scientific Inc, Boeckel & Co. GmbH Hamilton Company, F. Hoffmann-La Roche Ltd, Analytik Jena GmbH, Scilogex LLC, Biomérieux, Bio-Techne, GNA Biosolutions GmbH, Bio-Rad Laboratories, Inc, Eppendorf SE, Hercuvan, Bioline International, DiaSorin S.p.A, Others.
Customization Scope Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape.
Pricing and Available Payment Methods Explore pricing alternatives that are customized to your particular study requirements.

Segmentation of Thermal Cyclers Market

Global Thermal Cyclers Market – by End-user

  • Pharmaceutical Industries
  • Academic and Research Institutes
  • Diagnostic Laboratories
  • Others

Thermal Cyclers Market Seg

Global Thermal Cyclers Market – By Application

  • Diagnostics
  • Sequencing
  • Cloning
  • Genotyping
  • Mutagenesis
  • Manufacturing and Quality Control Testing
  • Clinical Research
  • Forensics
  • Others

Global Thermal Cyclers Market, by Type

  • Test Mesa Type
  • Floor Stand Type
  • Others

Global Thermal Cyclers Market – by Product Type

  • Instruments
  • Accessories
  • Others

Global Thermal Cyclers Market – By Region

North America-

  • The US
  • Canada
  • Mexico

Europe-

  • Germany
  • The UK
  • France
  • Italy
  • Spain
  • Rest of Europe

Asia-Pacific-

  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific

Latin America-

  • Brazil
  • Argentina
  • Rest of Latin America

 Middle East & Africa-

  • GCC Countries
  • South Africa
  • Rest of the Middle East and Africa

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Research Design and Approach

This study employed a multi-step, mixed-method research approach that integrates:

  • Secondary research
  • Primary research
  • Data triangulation
  • Hybrid top-down and bottom-up modelling
  • Forecasting and scenario analysis

This approach ensures a balanced and validated understanding of both macro- and micro-level market factors influencing the market.

Secondary Research

Secondary research for this study involved the collection, review, and analysis of publicly available and paid data sources to build the initial fact base, understand historical market behaviour, identify data gaps, and refine the hypotheses for primary research.

Sources Consulted

Secondary data for the market study was gathered from multiple credible sources, including:

  • Government databases, regulatory bodies, and public institutions
  • International organizations (WHO, OECD, IMF, World Bank, etc.)
  • Commercial and paid databases
  • Industry associations, trade publications, and technical journals
  • Company annual reports, investor presentations, press releases, and SEC filings
  • Academic research papers, patents, and scientific literature
  • Previous market research publications and syndicated reports

These sources were used to compile historical data, market volumes/prices, industry trends, technological developments, and competitive insights.

Secondary Research

Primary Research

Primary research was conducted to validate secondary data, understand real-time market dynamics, capture price points and adoption trends, and verify the assumptions used in the market modelling.

Stakeholders Interviewed

Primary interviews for this study involved:

  • Manufacturers and suppliers in the market value chain
  • Distributors, channel partners, and integrators
  • End-users / customers (e.g., hospitals, labs, enterprises, consumers, etc., depending on the market)
  • Industry experts, technology specialists, consultants, and regulatory professionals
  • Senior executives (CEOs, CTOs, VPs, Directors) and product managers

Interview Process

Interviews were conducted via:

  • Structured and semi-structured questionnaires
  • Telephonic and video interactions
  • Email correspondences
  • Expert consultation sessions

Primary insights were incorporated into demand modelling, pricing analysis, technology evaluation, and market share estimation.

Data Processing, Normalization, and Validation

All collected data were processed and normalized to ensure consistency and comparability across regions and time frames.

The data validation process included:

  • Standardization of units (currency conversions, volume units, inflation adjustments)
  • Cross-verification of data points across multiple secondary sources
  • Normalization of inconsistent datasets
  • Identification and resolution of data gaps
  • Outlier detection and removal through algorithmic and manual checks
  • Plausibility and coherence checks across segments and geographies

This ensured that the dataset used for modelling was clean, robust, and reliable.

Market Size Estimation and Data Triangulation

Bottom-Up Approach

The bottom-up approach involved aggregating segment-level data, such as:

  • Company revenues
  • Product-level sales
  • Installed base/usage volumes
  • Adoption and penetration rates
  • Pricing analysis

This method was primarily used when detailed micro-level market data were available.

Bottom Up Approach

Top-Down Approach

The top-down approach used macro-level indicators:

  • Parent market benchmarks
  • Global/regional industry trends
  • Economic indicators (GDP, demographics, spending patterns)
  • Penetration and usage ratios

This approach was used for segments where granular data were limited or inconsistent.

Hybrid Triangulation Approach

To ensure accuracy, a triangulated hybrid model was used. This included:

  • Reconciling top-down and bottom-up estimates
  • Cross-checking revenues, volumes, and pricing assumptions
  • Incorporating expert insights to validate segment splits and adoption rates

This multi-angle validation yielded the final market size.

Forecasting Framework and Scenario Modelling

Market forecasts were developed using a combination of time-series modelling, adoption curve analysis, and driver-based forecasting tools.

Forecasting Methods

  • Time-series modelling
  • S-curve and diffusion models (for emerging technologies)
  • Driver-based forecasting (GDP, disposable income, adoption rates, regulatory changes)
  • Price elasticity models
  • Market maturity and lifecycle-based projections

Scenario Analysis

Given inherent uncertainties, three scenarios were constructed:

  • Base-Case Scenario: Expected trajectory under current conditions
  • Optimistic Scenario: High adoption, favourable regulation, strong economic tailwinds
  • Conservative Scenario: Slow adoption, regulatory delays, economic constraints

Sensitivity testing was conducted on key variables, including pricing, demand elasticity, and regional adoption.

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Frequently Asked Questions

Thermal Cyclers Market Size is valued at USD 1.03 Bn in 2023 and is predicted to reach USD 1.86 Bn by the year 2031

Thermal Cyclers Market is predicted to develop at an 7.8% CAGR during the forecast period for 2024-2031.

F. Hoffmann-La Roche Ltd, Analytik Jena GmbH, Scilogex LLC, Biomérieux, Bio-Techne, GNA Biosolutions GmbH, Bio-Rad Laboratories, Inc, Eppendorf SE, He
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