Global Thermal Cyclers Market Size, Share, Growth Analysis Report - Forecast 2034

Global Thermal Cyclers Market: Industry Perspective

The global thermal cyclers market size was worth around USD 903.11 Million in 2024 and is predicted to grow to around USD 1861.34 Million by 2034 with a compound annual growth rate (CAGR) of roughly 7.5% between 2025 and 2034. The report analyzes the global thermal cyclers market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the thermal cyclers industry.

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The report delves deeper into several crucial aspects of the global thermal cyclers market. It includes a detailed discussion of existing growth factors and restraints. Future growth opportunities and challenges that impact the thermal cyclers industry are comprehensively addressed in the report.

Global Thermal Cyclers Market: Overview

Thermal cyclers are also known as Polymerase Chain Reaction (PCR) machines or Deoxyribonucleic acid (DNA) amplifiers. They are laboratory instruments with extensive applications in genetics research and molecular biology. Thermal cyclers are used to amplify specific segments of DNA through the PCR process. It is a technique that helps in generating millions or billions of copies of specific regions of DNA. The process uses a series of temperature cycles and thermal cyclers act as precise controllers during the process. These laboratory tools consist of a heating and cooling block which is also known as a thermoelectric system. It changes the temperature of the wells and tubes rapidly. The three main steps of PCR are denaturation, annealing, and extension. The temperature cycling process is crucial to facilitate the three steps. The temperature cycles are typically repeated multiple times ranging between 20 to 40 cycles which aids DNA amplification at an exponential level.

Key Insights:

• As per the analysis shared by our research analyst, the global thermal cyclers market is estimated to grow annually at a CAGR of around 7.32% over the forecast period (2023-2030)
• In terms of revenue, the global thermal cyclers market size was valued at around USD 781.49 million in 2022 and is projected to reach USD 1369.37 million, by 2030.
• The thermal cycler market is projected to grow at a significant rate due to the evolving patterns of life science research
• Based on type segmentation, real-time was predicted to show maximum market share in the year 2022
• Based on application segmentation, diagnostics was the leading application in 2022
• On the basis of region, North America was the leading revenue generator in 2022

Global Thermal Cyclers Market: Growth Drivers

Evolving patterns of life science research to drive product adoption

The global thermal cyclers market is projected to grow owing to the evolving character of life science research. Thermal cyclers play an irreplaceable role in life science research. They are used extensively for several activities including studying gene expression patterns, DNA sequencing, DNA and Ribonucleic acid (RNA) quantification, detection of sequence-tagged sites, and many more activities. The global pharmaceutical industry is investing resources in associated fields to a greater extent owing to the importance of life science research as it helps researchers gain crucial insights into disease processes. Moreover, the study of life sciences has been pivotal in the development of novel medical devices and therapeutics. As the pharmaceutical and healthcare sector is under pressure to improve human health by developing cures for existing conditions and researching potential health hazards, the demand for thermal cyclers will continue to grow.

Restraints

Lack of established infrastructure to support the use of thermal cyclers may restrict market expansion

The use of thermal cyclers requires key infrastructure, especially in terms of reliable power supply, temperature control, and maintenance capabilities. Although global leaders are working toward improving the related infrastructure worldwide, there is a significant lack of access to advanced amenities that can support the extensive use of thermal cyclers. Particularly, in developing nations or countries facing social-political issues. A recent report published by the International Energy Agency claims that nearly 775 million people across the globe did not have access to regular electricity in 2022.

Opportunities

Opportunities toward the application of thermal cyclers in non-PCR technologies to generate higher revenues streams

Thermal cyclers are currently majorly used for PCR processes and even though the application range is extensive, there are several opportunities that can allow application of these equipment in non-PCR technologies. For instance, techniques such as loop-mediated isothermal amplification (LAMP) and recombinase polymerase amplification (RPA) are steadily gaining popularity in the pharmaceutical and medical devices sectors owing to their simplicity, rapidity, and cost-effectiveness. It is possible for thermal cyclers manufacturers to invest in upgrading and optimizing the tools to be used in these processes.

Challenges

Fear of obsolescence of thermal cyclers to challenge market expansion

The field of microbiology is evolving rapidly. This has necessitated the companies functioning in laboratory device manufacturing to keep up with these advancements encouraging them to constantly manufacture thermal cyclers equipped with the latest capabilities and features. Failure to stay updated in terms of product technology and functionality can cause the thermal cycler market players to lose existing or potential customers.

Key Insights

• As per the analysis shared by our research analyst, the global thermal cyclers market is estimated to grow annually at a CAGR of around 7.5% over the forecast period (2025-2034).
• Regarding revenue, the global thermal cyclers market size was valued at around USD 903.11 Million in 2024 and is projected to reach USD 1861.34 Million by 2034.
• The thermal cyclers market is projected to grow at a significant rate due to increasing demand for polymerase chain reaction (PCR) technologies in molecular diagnostics, genetic research, and drug discovery, coupled with advancements in automation, miniaturization, and the rising prevalence of infectious and chronic diseases.
• Based on Product Type, the Standard Thermal Cyclers segment is expected to lead the global market.
• On the basis of Application, the Polymerase Chain Reaction (PCR) segment is growing at a high rate and will continue to dominate the global market.
• Based on the End-User, the Academic Research Institutions segment is projected to swipe the largest market share.
• By Product Design, the Benchtop Thermal Cyclers segment is expected to dominate the global market.
• In terms of Technology, the Conventional Heating Technology segment is anticipated to command the largest market share.
• Based on region, North America is predicted to dominate the global market during the forecast period.

Global Thermal Cyclers Market: Report Scope

Global Thermal Cyclers Market: Segmentation Analysis

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The global thermal cyclers market is segmented based on Product Type, Application, End-User, Product Design, Technology, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2025 to 2034.

Based on Product Type, the global thermal cyclers market is divided into Standard Thermal Cyclers, Real-Time Thermal Cyclers, Portable Thermal Cyclers, Multiplex Thermal Cyclers.

On the basis of Application, the global thermal cyclers market is bifurcated into Polymerase Chain Reaction (PCR), Quantitative PCR (qPCR), Reverse Transcription PCR (RT-PCR), High-Throughput Screening.

By End-User, the global thermal cyclers market is split into Academic Research Institutions, Clinical Laboratories, Pharmaceutical Companies, Biotechnology Firms.

In terms of Product Design, the global thermal cyclers market is categorized into Benchtop Thermal Cyclers, Integrated Thermal Cyclers, Modular Thermal Cyclers.

By Technology, the global Thermal Cyclers market is divided into Conventional Heating Technology, Block-Based Technology, Fluidic Thermal Cyclers, Laser-Based Thermal Cyclers.

Global Thermal Cyclers Market: Regional Analysis

The global thermal cyclers market is expected to witness the highest growth in North America mainly due to the high medical and laboratory export rate of the US. The International Trade Administration reports US exports of medical devices stood at USD 45 billion as of 2015. Since then, the export value has gone higher. Additionally, the domestic demand for thermal cyclers is equally high. The latest report by the Centers for Medicare & Medicaid Services reported that the American healthcare system spent nearly USD 174 billion on research & development.

These factors and such large-scale spending work in the favor of regional market revenue which is further strengthened by the presence of key manufacturers and suppliers of some of the most advanced forms of thermal cyclers among other forms for medical devices. As the US is vying for emerging markets for expansion, the regional export rate could reach new heights during the forecast period.

Global Thermal Cyclers Market: Competitive Analysis

The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the thermal cyclers market on a global and regional basis.

The global thermal cyclers market is dominated by players like:

• Thermo Scientific
• Techne
• Biobase
• DiaSorin
• Bio-Rad
• Analytik Jena
• Roche
• Heal Force
• Scilogex
• GNA Biosolutions
• Esco
• Major Science
• Cleaver Scientific
• Amplyus
• Biometra
• Labnet International
• Vela Diagnostics
• PCRmax
• Chai Biotechnologies
• Seegene

Global Thermal Cyclers Market: Segmentation Analysis

The global thermal cyclers market is segmented as follows;

By Product Type

• Standard Thermal Cyclers
• Real-Time Thermal Cyclers
• Portable Thermal Cyclers
• Multiplex Thermal Cyclers

By Application

• Polymerase Chain Reaction (PCR)
• Quantitative PCR (qPCR)
• Reverse Transcription PCR (RT-PCR)
• High-Throughput Screening

By End-User

• Academic Research Institutions
• Clinical Laboratories
• Pharmaceutical Companies
• Biotechnology Firms

By Product Design

• Benchtop Thermal Cyclers
• Integrated Thermal Cyclers
• Modular Thermal Cyclers

By Technology

• Conventional Heating Technology
• Block-Based Technology
• Fluidic Thermal Cyclers
• Laser-Based Thermal Cyclers

Global Thermal Cyclers Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America