Increasing investment in biotechnology and pharmaceutical research activities is a major factor fueling revenue growth of the global electrophoresis analysis market
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.
A new market assessment report on electrophoresis market brings to light a detailed statistics on the dramatic shift in the competitive landscape and business environment of the electrophoresis market for the forecast period 2020 – 2027. The comprehensive study offers an overview of the current state of development of the business as well as predicts the course of progress across different regions. A large number of factors including the major driving forces, threats and opportunities are taken into account to present an analytical picture of the industry portrayed in the report.
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Key Highlights From 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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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
Europe
Asia Pacific
Latin America
MEA
Table of Content
Chapter 1. Methodology & Sources
1.1. Electrophoresis Market Definition
1.2. Electrophoresis Market Research Scope
1.3. Electrophoresis Market Methodology
1.4. Electrophoresis Market Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Electrophoresis Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Electrophoresis Market Segmentation & Impact Analysis
Continued…