A segment within the life sciences and biotechnology industry that separates and analyzes charged molecules using an electric field. It includes various electrophoresis systems like gel electrophoresis and capillary electrophoresis used in research and diagnostics.
According to the new market research report "Electrophoresis Market by Product (Reagents (Protein Nucleic Acid), (Gel Electrophoresis (1D 2D), Capillary Electrophoresis (CZE, CGE), GDS, Software), Application (Research, Diagnostics), End User (Hospitals) Region - Global Forecast to 2028"
The global electrophoresis market in terms of revenue was estimated to be worth $3.1 billion in 2023 and is poised to grow at a CAGR of 5.7% from 2023 to 2028.
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Electrophoresis is used in proteomic and genomic research in academic and research institutes. It is also used in the diagnosis of diseases and the quality control of drugs in pharmaceutical and biotechnology companies. Due to the widespread applications of electrophoresis, market players are collaborating with various academic institutions to increase awareness about new analytical technologies among students and researchers. For instance, In August 2022, SciGenom Labs, a genomics company in India and the US, announced a unique Ph.D. program to support research in genomics, proteomics, microbiome disciplines, and bio-nanotech in collaboration with CHARUSAT University. Numerous collaborative research projects and similar initiatives have already been launched, and several others are expected to be initiated during the forecast period. Several companies are also helping university researchers by providing technical and financial assistance to commercialize university research projects. Such developments are expected to positively impact the growth of the market during the forecast period.
Market key Players
Bio-Rad Laboratories, Inc. (US), Thermo Fisher Scientific Inc. (US), Danaher Corporation (US), Merck KGaA (Germany), and Agilent Technologies, Inc. (US), PerkinElmer Inc. Inc. (US), QIAGEN N.V. (Netherlands), Lonza (Switzerland), Shimadzu Corporation (Japan), HOEFER INC.(US), Sebia Group (UK), Takara Bio Inc.(US), C.B.S. Scientific (US), 4Basebio PLC. (Germany), Helena Laboratories Corporation (US), Syngene (UK), VWR International (US), TBG Diagnostics Ltd. (Australia), Analytik Jena GMBH (Germany), Oprl Biosciences PVT.LTD. (India), Kaneka Eurogentec S.A. (Germany), Cleaver Scientific Ltd. (UK), Major Science Co., Ltd. (Taiwan), Bio World (India), National Analytical Corporation (India) and AES life sciences (Canada)
Report Objectives
- To provide detailed information regarding the major factors (such as drivers, restraints, opportunities, and challenges) influencing the market growth
- To strategically analyze micro markets with respect to individual growth trends, prospects, and contributions to the overall market
- To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
- To strategically analyze the market structure and profile the key players of the market and comprehensively analyze their core competencies
- To forecast the size of the market segments with respect to four regions, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East Africa)
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