A recent report published by Infinium Global Research on electrophoresis market provides in-depth analysis of segments and sub-segments in the global as well as regional electrophoresis market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional electrophoresis market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global electrophoresis market. According to the report, the global electrophoresis market is projected to grow at a CAGR of 5.1% over the forecast period of 2019-2025.
Gel electrophoresis is an important tool in laboratories that are commonly used to separate molecules like DNA, RNA, and proteins according to their size and charge. Electrophoresis enables researchers to identify the different types of DNA, RNA and protein fragments in the sample. It also plays an important role in the diagnostic lab for the identification and characterization of viral or bacterial genetic material.
The rising number of research and development activities is one of the major factors driving the growth of the market. The rising demand for genetic studies for new bacterial and viral species for the development of a new biological drug is boosting the growth of the market. Moreover, increasing biotech and pharmaceutical industries globally is also contributing to the growth of the market. On the other hand, the high cost of the instruments and reagents can hamper the growth of the market. However, the rising application of genetic studies and testing, supported by cost-effective instruments can provide better opportunities for the market.
Based on region electrophoresis market is divided into North America, Europe, Asia-Pacific, and RoW. North America dominates the electrophoresis market and it is expected to stay ahead in the forecast period. The presence of key players and increasing funding for research activities by the government and private sector are some of the factors boosting the growth of the market. Moreover, Europe holds the second position in the global market. Growing healthcare industries, increasing demand for electrophoresis techniques in diagnostic centers and forensic labs boosting the Europe electrophoresis market. Furthermore, the Asia pacific electrophoresis market is projected to grow with a significant rate in the forecast period. Growing healthcare industry, rising funding for research activities and educational research are the factor fuelling the growth of the market.
The report on global electrophoresis market covers segments such as electrophoresis reagents, electrophoresis systems, gel-type, and end user. On the basis of electrophoresis reagents, the sub-markets include protein electrophoresis reagents, and nucleic acid electrophoresis reagents. On the basis of electrophoresis systems, the sub-markets include horizontal gel electrophoresis systems, vertical gel electrophoresis systems, capillary electrophoresis systems, and gel doc systems. On the basis of gel-type, the sub-markets include polyacrylamide gel, and agarose gel. On the basis of end user, the sub-markets include diagnostic labs, research laboratories, quality control labs, and other end users.
The report provides profiles of the companies in the market such as Bio-Rad Laboratories, GE Healthcare, Thermo Fisher Scientific Inc., Danaher Corporation, Agilent Technologies, Merck Millipore, PerkinElmer, Inc., Hoefer Inc., QIAGEN N.V., Lonza Group Ltd., and Other companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of electrophoresis market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.