The global electrophoresis market size is expected to reach USD 4.21 Billion in 2028 at a steady CAGR of 5.8%, according to latest analysis by Emergen Research. Rising prevalence of cancer, infectious diseases, and genetic disorders, and increasing investment in research on proteomic, genomic, and electrophoresis techniques are some key factors driving market revenue growth. In addition, growing focus on industry-academia research and increasing application of capillary electrophoresis with mass spectroscopy are other major factors driving growth of the global electrophoresis market. Electrophoresis is also known as cataphoresis process. It involves separation and migration of particles in a fluid by using an electric current. The movement of ionic particles depends on particle size, shape, electric charge, and temperature during electrophoresis process and is constant under specific electrophoretic conditions such as include ionic strength, viscosity, pH value, pore size, and other electrical parameters.
In this process, different kinds of gels are used in slab or tube form as support mediums. Gel slabs are more frequently used in research laboratories. Agarose and polyacrylamide gels are the two most commonly used support mediums. Agarose gel is broadly used during electrophoresis of DNA.
The latest research report comprises an extensive analysis of the micro- and macro-economic indicators that influence the global market development during the forecast period of 2020-2028. The current trends of the Electrophoresis market, combined with a wide array of growth opportunities, key drivers, restraints, challenges, and other critical aspects, have been vividly detailed in the Electrophoresis market report. Furthermore, the report takes into account various market dynamics, which, in turn, generate a plethora of developmental prospects for the leading players involved in the of the Electrophoresis industry.
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The researchers have considered all the factors influencing the growth of the Electrophoresis market on the global and regional scale. The report considers the COVID-19 pandemic as one of the key influencing factors of the Electrophoresis market. The pandemic has disrupted the supply chains and economic scenario of the market and has hindered the growth of the market. The report discusses in detail the overall impact of the COVID-19 pandemic on the Electrophoresis market and its key segments. The report also offers a current and future impact of the COVID-19 pandemic on the market.
Competitive Outlook:
The global Electrophoresis market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global Electrophoresis market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers acquisitions, new product launches, and joint ventures.
Segmental Analysis
The global Electrophoresis market is broadly segmented on the basis of different product types, application range, end-use industries, key regions, and an intensely competitive landscape. This section of the report is solely targeted at readers looking to select the most appropriate and lucrative segments of the Electrophoresis sector in a strategic manner. The segmental analysis also helps companies interested in this sector make optimal business decisions and achieve their desired goals.
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Some Key Findings in the Report:
- In September 2020, Promega launched Spectrum Compact capillary electrophoresis benchtop DNA analysis instrument. This instrument allows life scientists to perform Sanger sequencing and fragment analysis at the bench.
- Electrophoresis reagents segment is expected to register a 6.3% CAGR throughout the forecast period. Growing demand for 2D electrophoresis for protein separation is a key factor driving revenue growth in this segment.
- Asia Pacific is expected to register the fastest revenue CAGR throughout the forecast period. Increasing investments by pharmaceutical and biotechnology companies in proteomics and genomics research and rising demand for personalized therapeutics are key factors propelling revenue growth of the market in this region.
Key players operating in the market are Thermo Fisher Scientific, Bio-Rad Laboratories, Merck Group, Agilent Technologies, Danaher Corporation, GE Healthcare, PerkinElmer, Harvard Bioscience, Shimadzu Corporation, and Sebia Group.
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For the purpose of this report, Emergen Research has segmented the global electrophoresis market based on product, application, end-use, and regions:
- Product Outlook (Revenue, USD Billion; 2018–2028)
- Electrophoresis Reagents
- Protein Electrophoresis Reagents
- Nucleic Acid Electrophoresis Reagents
- Electrophoresis Systems
- Electrophoresis Software
- Gel Documentation Systems
- Application Type Outlook (Revenue, USD Billion; 2018–2028)
- Research
- Quality Control Process Validation
- Diagnostics
- End-Use Outlook (Revenue, USD Billion; 2018–2028)
- Academic Research Institutes
- Hospitals
- Pharmaceutical Biotechnology Companies
- Others
- Regional Outlook (Revenue: USD Billion; 2018–2028)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- BENELUX
- Italy
- Spain
- Switzerland
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- UAE
- South Africa
- Turkey
- Rest of MEA
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