Category : Healthcare and Pharmaceuticals | Published at : April-2020 | Delivery Format : PDF | Status: Published | Pages : 190
Acumen Research and Consulting estimates that global electrophoresis market is expected to reach the market value of around US$ 3.5 Bn by 2027 and is anticipated to grow at a CAGR of around 6% in terms of revenue during the forecast period 2020 – 2027.
Electrophoresis technique is used for the physical isolation of macromolecules, including RNA, nuclear acid fragments, as well as proteins by their molecular proportions and electrical charges. The first choice of researchers for the effective analytical separation of macromolecules is in gel electrophoresis and capillary electrophoresis techniques. Gel electrophoresis is a technique that separates macromolecules from gel-like matrices and has allowed researchers to expand across a wide variety of geometries. With the rising success of microfluidic devices, the demand for capillary electricity has revitalized.
The report provides analysis of global Electrophoresis market for the period 2016-2027, wherein 2020 to 2027 is the forecast period and 2019 is considered as the base year.
Market Dynamics
Growing prevalence of chronic diseases like cancer, genetic disorders, and infectious diseases, and globally is as significant driver for growth in the global electrophoresis market. Another aspect that is anticipated by different research and developers is to increase the need to isolate cancer proteins by using polyacrylamide gel electrophoresis to improve the target market growth. The further production of efficient therapies with the aid of an electrophoresis technique would be required to foster growth on the global electrophoresis markets. Besides, with growing convergence and cooperation among the different industries and university research institutes to effectively advance biochemical, molecular and biochemical science anticipated to the market growth. In addition, the rapid expansion of the biotech and pharmaceutical sectors also leads to business development. On the other hand, high cost of the instruments and reagents can hinder market development. However, increased application, supported by cost-effective instruments, of genetic studies and testing can provide better market opportunities.
Regional Stance
The electrophoresis market is dominated by North America and is expected to remain ahead amid the forecast period. Some of the factors contributing to growth in the market include the presence of key players and increased funding to government and private research activities. Europe held considerable share in the global market owing to growing healthcare sectors, increasing demand in diagnosis centers, and forensic laboratories for electrophoresis technology. Asia Pacific is however projected to be the largest CAGR, with China, Japan, Korea, and India being the major target of development in this region. Factors such as favorable policy legislation, increased investment in research, and upgradation of research infrastructure are anticipated to be crucial aspects for market growth.
Report coverage
The market research study on “Electrophoresis Market (Electrophoresis Market By Type: Capillary Electrophoresis, Electrophoresis, Agarose & Polyacrylamide Gel, Isotachophoresis, Isoelectric Focusing, MEKC, CZE, CGE, Reagents, Informatics; Electrophoresis Market By Application: Research, Diagnostic, Quality Control & Process Validation; Electrophoresis Market By End User: Research Organizations, Hospitals & Diagnostic Centers, Academic Institutions , Pharmaceutical & Biotechnology Companies) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027” offers a detailed insights on the global Electrophoresis market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report also provides competitive landscape to understand the current stance of particular player. The report covers global Electrophoresis market size, and segment markets by type, application, end use, and geography along with the information on companies operating in the market. The Electrophoresis market analysis is provided for major regional markets including North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. For each region, the market size for different segments has been covered under the scope of report.
The global Electrophoresis market is segmented as below:
Market Segmentation
Electrophoresis Market By Type
- Capillary Electrophoresis
- Electrophoresis
- Agarose & Polyacrylamide Gel
- Isotachophoresis
- Isoelectric Focusing
- MEKC
- CZE
- CGE
- Reagents
- Informatics
Electrophoresis Market By Application
- Research
- Diagnostic
- Quality Control & Process Validation
Electrophoresis Market By End User
- Research Organizations
- Hospitals & Diagnostic Centers
- Academic Institutions
- Pharmaceutical & Biotechnology Companies
Electrophoresis Market By Geography
North America
- U.S.
- Canada
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Mexico
- Brazil
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of MEA
Key Players and Market Situation
Participants include major global players such Agilent Technologies, Bio-Rad Laboratories, Thermo Fisher Scientific Inc., GE Healthcare, Danaher Corporation, Hoefer Inc., Merck Millipore, PerkinElmer, Inc., Lonza Group Ltd., QIAGEN N.V., and Others.
The key factors behind Bio-Rad Laboratories Inc. and GE Healthcare Ltd are advanced infrastructure, innovative technologies, a diverse product range, a successful after-sales operation and many more.
Frequently Asked Questions
Electrophoresis technique is used for the physical isolation of macromolecules, including RNA, nuclear acid fragments, as well as proteins by their molecular proportions and electrical charges.
Acumen Research and Consulting predict that the global electrophoresis market size is expected to reach around US$ 3.5 Bn by 2027.
The global electrophoresis market is growing at a CAGR of around 6% over the forecast period 2020 to 2027.
Growing prevalence of chronic diseases like cancer, genetic disorders, and infectious diseases, and globally is as significant driver for growth in the global electrophoresis market.
The electrophoresis market is dominated by North America and is expected to remain ahead amid the forecast period.
Factors such as favorable policy legislation, increased investment in research, and upgradation of research infrastructure are anticipated to be crucial aspects for market growth.
Participants include major global players such Agilent Technologies, Bio-Rad Laboratories, Thermo Fisher Scientific Inc., GE Healthcare, Danaher Corporation, Hoefer Inc., Merck Millipore, PerkinElmer, Inc., Lonza Group Ltd., QIAGEN N.V., and Others.
