Electrophoresis Market – Business Development, Size, Share, Analysis And Opportunities

Electrophoresis is an analytical method frequently used in nucleic acid and protein analysis to separate macromolecules such as DNA, RNA, and proteins based on their size and charge. This technology is extensively used in the fields of medical diagnostics, life sciences, and clinical research.

A number of factors, such as the growth in funding for research on electrophoresis techniques, increasing number of research collaborations between market players and academic institutions, increasing use of capillary electrophoresis (CE) with mass spectroscopy (MS), and a growing focus on next-generation sequencing research is driving the growth of the Electrophoresis Market.

The Global Electrophoresis Market is expected to reach the US $2.15, growing at a CAGR of 5.4% during the forecast period.

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The Global Electrophoresis Market segmented on the basis of product, application, end user, and region.

The global Electrophoresis Market by an end user is segmented into academic & research institutes, pharmaceutical & biotechnology companies, hospitals & diagnostic centers, and other end users. In 2016, the academic & research institutes segment accounted for the largest share of the market. This can be attributed to the increased R&D spending, global rise in the number of biotechnology and life science research studies and growing public and private investments in research studies.

Objectives of the Study

• To define, describe, and forecast the global Electrophoresis Market on the basis of product, application, end user, and region
• To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
• To analyze micro-markets with respect to individual growth trends, future prospects, and contributions to the overall market
• To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders

Major Growth Drivers for Electrophoresis Market:

· Rising Incidence of Cancer, Infectious Diseases, and Genetic Disorders

· Growth in Funding for Research on Genomic, Proteomic, and Electrophoresis Techniques

· Growing Number of Industry-Academia Research Collaborations

· Growing Use of Capillary Electrophoresis with Mass Spectroscopy

· Growing Use of Next-Generation Sequencing

· Rapid Growth in Aging Population

· Growth in the Number of Clinical, Forensic, and Research Laboratories

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Geographic Analysis:

• Further breakdown of the Rest of Europe Electrophoresis Market into Switzerland, Russia, and other countries in Rest of the Europe
• Further breakdown of the Rest of Asia-Pacific Electrophoresis Market into Australia, South Korea, and other APAC countries

North America accounted for the largest share of the Electrophoresis Market in 2016, followed by Europe and Asia-Pacific. The patent expiration of several blockbuster drugs of major pharmaceutical companies is, in turn, increasing investments for new drug discovery; this is a key market driver in North America.

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Some of the major Key players operating in the Global Market;

The prominent players in the global Electrophoresis Market are Bio-Rad Laboratories (U.S.), GE Healthcare (U.S.), Thermo Fisher Scientific Inc. (U.S.), Danaher Corporation (U.S.), Agilent Technologies (U.S.), Merck Millipore (U.S.), PerkinElmer, Inc. (U.S.), QIAGEN N.V. (Netherlands), Lonza Group Ltd. (Switzerland), Shimadzu Corporation (Japan), Harvard Bioscience, Inc. (U.S.), Sebia Group (U.K.), and C.B.S. Scientific Company, Inc. (U.S.).