Electrophoresis Reagents Market: Research In-Depth Analysis, Applications, Forecast To 2033

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Electrophoresis Reagents Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $4.97 billion In 2028 At A CAGR Of 11.3% :

The electrophoresis reagents market size has grown strongly in recent years. It will grow from $1.26 billion in 2023 to $1.34 billion in 2024 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to increased demand for clinical diagnostics, introduction of innovative reagents, growing academic and research institutes, clinical research and biomarker discovery, global market expansion.

The electrophoresis reagents market size is expected to see strong growth in the next few years. It will grow to $1.76 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period can be attributed to expansion of point-of-care testing, shift towards capillary electrophoresis, focus on sustainable reagent formulations, demand for high-throughput analysis, advancements in microfluidic electrophoresis. Major trends in the forecast period include technological advancements in electrophoresis techniques, adoption of next-generation sequencing (ngs), demand for high-throughput techniques, strategic collaborations and partnerships, integration of artificial intelligence (ai) in data analysis, customization and compatibility.

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Electrophoresis Reagents Market Major Segments
The electrophoresis reagents market covered in this report is segmented -

1) By Product: Gels (Polyacrylamide, Starch, and Agarose), Buffer (TAE Buffer, TBE Buffer, and Other Buffers), Dyes (ETBR, SYBR, Bromophenol Blue and Others), Other Reagents
2) By Technique: Capillary Electrophoresis, Gel Electrophoresis
3) By Application: DNA and RNA Analysis, Protein Analysis
4) By End-User: Pharmaceutical and Biotechnology Companies, Hospitals and Diagnostic Laboratories, Academic and Research Institutions, Others End Users

Key Driver - Impact Of Rapidly Increasing Geriatric Population On Electrophoresis Reagent Market

The rapidly increasing geriatric population is expected to propel the growth of the electrophoresis reagent market. The geriatric population is the number or percentage of people with 60 years of age and older in the total population. Hemoglobin electrophoresis examines haemoglobin levels and is most commonly used to diagnose anemia, sickle cell disease, and other haemoglobin disorders. For instance, in October 2022, according to the World Health Organization, a US-based specialized health agency, Globally, 1 in 6 people will be 60 or older by 2030, and there will be a double amount of individuals in this age group (2.1 billion) by 2050. Additionally, for instance, in June 2021, according to the UK Parliament's House of Commons Library, a UK-based information resource, By 2043, there will be a rise in the senior population in the UK, which will make up 24% of the total population (17.4 million people). Therefore, the rapidly growing geriatric population is driving the growth of the electrophoresis reagent market .

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Prominent Trend - Innovative Trends Shaping The Electrophoresis Reagents Market

Product innovations have emerged as a key trend gaining popularity in the electrophoresis reagents market. Major companies operating in the electrophoresis market are developing innovative products to sustain their position. For instance, in February 2022, Kemira Oyj, a Finland-based chemical industry company launched biomass-balanced polyacrylamide. The polymer has the same technical characteristics as its conventional counterpart and is soluble in water. It can be applied in the energy sector as well as potentially in extremely demanding paper applications, in addition to the water treatment industry and other water-intensive industries .

Electrophoresis Reagents Market Players
Major companies operating in the electrophoresis reagents market report are Thermo Fisher Scientific Inc., Sigma-Aldrich Corporation, Bio-Rad Laboratories Inc., Agilent Technologies Inc., Lonza Group Ltd., Takara Bio Inc., Sebia Group, The Merck Group, BioAtlas OU, Cytiva, Promega Corporation, Helena Laboratories Corporation, Randox Laboratories Limited, Apacor Limited, Qiagen NV, Hoefer Inc., VWR International GmbH, anamed Elektrophorese GmbH, Alfa Aesar, General Electric Company, Merck Millipore, GenScript Corp., Zymo Research Corp., Omega Bio-tek Inc., Norgen Biotek Corp., Eurofins Genomics LLC

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Largest And Fastest Growing Region In The Market
North America was the largest region in the electrophoresis reagents market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the electrophoresis reagents market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Electrophoresis Reagents Market Report Structure
3. Electrophoresis Reagents Market Trends And Strategies
4. Electrophoresis Reagents Market - Macro Economic Scenario
5. Electrophoresis Reagents Market Size And Growth
…..
27. Electrophoresis Reagents Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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