Electrophoresis Market is on the verge of crossing USD 2.66 billion in 2021 | Market Data Forecast

06/apr/2018 09:08:16 MDFtends Contatta l'autore

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The Global Electrophoresis Market was worth USD 2.03 billion in 2016 and estimated to be growing at a CAGR of 5.4%, to reach USD 2.66 billion by 2021. Electrophoresis is the movement of dispersed particles relative to a fluid under a uniform electric field applied spatially.

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Electrophoresis is a technique used in laboratories to separate macromolecules (proteins) based on size. This technique applies negative charge on proteins to make them move towards a positive charge. This is used for both RNA and DNA analysis also. It can be used to separate proteins by size, density and purity. It can also be used for plasmid analysis, which develops our understanding of bacteria becoming resistant to antibiotics.

The growth of Electrophoresis market is attributed to factors like rising funding for electrophoresis techniques, growing focus on next generation sequencing (NGS), rising incidences of chronic diseases, cancer and genetic disorders. Growing funding for research on genomic and proteomic techniques and growing number of industry-academia research collaborations will also help in growth of the market. However, electrophoresis techniques are time consuming operations and offer limited sample analysis and presence of alternative technologies to electrophoresis may restrict the growth of market.

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The Global market for Electrophoresis is segmented based on Product, Application and End Users. Based on Product – Gel Electrophoresis, Capillary Electrophoresis, Reagents, Geldoc and Imaging. Gel electrophoresis is further segmented to vertical and horizontal electrophoresis, Vertical is further segmented based on gel type as Agarose and Polyacrylamide. Based on Application – Diagnostic, Research, Quality Control. Based on End Users - Academic and Research Institutes, Pharmaceutical & Biotechnology Companies, Hospitals & Diagnostic Centers. Based on Geographical analysis the market is separated into regions of North America, Asia-Pacific, Europe, Latin America and Middle East and Africa. North America is leading the market while Europe is at second place. Growing focus of stakeholders on research projects involving proteins, associated biomolecules and genes has helped North America dominate the market. Asia Pacific is expected to grow the fastest due to increasing research funding, growing proteomics and genomics techniques and rising adoption of advanced electrophoresis techniques. Reagents holds the major share in the market in terms of products while gel electrophoresis is expected to grow the fastest and academic and research institutes hold major share in terms of end users. Hospitals and diagnostic centers are expected to grow the fastest.

Some of the key players dominating this market include Bio-Rad Laboratories, GE Healthcare, Thermo Fisher Scientific Inc, Danaher Corporation, Agilent Technologies, Merck Millipore, PerkinElmer, QIAGEN N.V., Lonza Group Ltd., Shimadzu Corporation, Harvard Bioscience, Sebia Group and C.B.S. Scientific Company.

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