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Sds Poly Acrylamide Gel Electrophoresis Market to close to US$ 640 Mn with CAGR of 5% by 2029|Bio-Rad Laboratories, Lonza Group Ltd and more
Sds Poly Acrylamide Gel Electrophoresis Market 2022
The global Sds Poly Acrylamide Gel Electrophoresis Market is expected to witness a CAGR of 5% and reach US$ 640 Mn by the year 2029. With the way in which healthcare data gets accumulated these days (which could be inclusive of medical IoT solutions, DICOM files, and patient records), ultra-modern platforms like data fabrics are in the offing, so that distributed and structured data could be well-managed. This would be healthcare industry's situation in the upcoming period.
The global SDS poly acrylamide gel electrophoresis (PAGE) market is set to exhibit a promising 5% CAGR during the forecast period (2019 - 2029). Introduction of 2D and 3D electrophoresis techniques has increased the sensitivity and reproducibility of SDS poly acrylamide gel electrophoresis.
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Besides, the recent evolution of automated electrophoresis using microfluidics technology has attained a high level of reliability, resolution, and accuracy. It has reduced hands-on time and offers results for any protein analysis. Consequently, the key market leaders around the globe are now focusing on continuous investments towards the development of advanced SDS poly acrylamide gel electrophoresis products.
Increasing research funding for drug development in North America region is expected to provide lucrative opportunities. For instance, according to the report by the Council of Economic Advisers, in 2018, the U.S. funded approximately 50% of the world's medical research and development programs.
Company Profiles:
Bio-Rad Laboratories, Inc.
General Electric Company (GE Healthcare)
Merck KGaA (Sigma Aldrich)
Thermo Fisher Scientific Inc.
Analytik Jena AG (Endress+Hauser AG)
Lonza Group Ltd
Genscript Biotech Corporation
Abcam Plc
TAKARA BIO INC.
Cleaver Scientific Ltd.
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Key Takeaways - SDS Poly Acrylamide Gel Electrophoresis Market Study
Market players are focusing on offering innovative products of SDS poly acrylamide gel electrophoresis to deliver better protein separation.
In September 2015, Cleaver Scientific introduced its new horizontal polyacrylamide gel electrophoresis (hPAGE) system in collaboration with the Kirkhouse Trust, which allows to run large number of samples simultaneously with greater resolution.
Acquisitions and collaborations are the key strategies adopted by these leading manufacturers to develop technologically advanced products for proteomic research and enhance their product portfolio.
For instance, in January 2013, Merck KGaA, a German multinational pharmaceutical, acquired Bangalore Genei (India) Pvt. Ltd. (BGIP), which specializes in new generation proteomic and genomic research technologies and cutting-edge study of proteins and organisms.
North America holds a significant market share of 35% in 2019 owing to a paradigm shift towards drug discovery where a lot of research work are being carried out also at academic institutes besides clinical research organization.
Increased investment in life science products and incessant demand for customized tools and reagents in proteomic research for drug discovery will significantly fuel demand for SDS poly acrylamide gel electrophoresis in the near future.
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Competitive Analysis Reveals Buzz Around Investments
The SDS poly acrylamide gel electrophoresis market report tracks the key market players operating in the global SDS poly acrylamide gel electrophoresis market, which include Bio-Rad Laboratories, Inc., Merck KGaA (Sigma Aldrich), General Electric Company (GE Healthcare), Thermo Fisher Scientific Inc., Lonza Group Ltd. and Analytik Jena AG (Endress+Hauser AG), Genscript Biotech Corporation, Abcam Plc., TAKARA BIO INC., and Cleaver Scientific Ltd.
Leading manufacturers of SDS poly acrylamide gel electrophoresis are focusing on strategic investment to enhance their product portfolio. In October 2019, Arranta Bio announces $82M funding and strategic venture with Thermo Fisher Scientific for the development and manufacturing of biopharmaceutical products.
What Does the Report Cover?
Persistence Market Research offers a unique perspective and actionable insights on SDS poly acrylamide gel electrophoresis in its latest study, presenting historical demand assessment from 2014 - 2018 and projections from 2019 - 2029 on the basis of product type (instruments, reagents and gels), and end user (clinical research, biotechnology and pharmaceutical industry, government agencies, academic institutes) in five key regions.
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