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Navigating The Surge In The Electrophoresis Market Amidst Rising Incidence Of Cancer And Infectious Diseases: The Driving Engine Behind Electrophoresis Market Evolution in 2025
Electrophoresis Market Size
Electrophoresis Market Size Growth Forecast: What to Expect by 2025?
The dimensions of the electrophoresis market have seen a robust increase lately. The predictions suggest an expansion from $3.07 billion in 2024 to $3.25 billion in 2025, alluding to a compound annual growth rate (CAGR) of 5.8%. The historical growth correlates with the escalating prevalence of genetic disorders, the progression in drug discovery, development and proteomics research related to protein analysis, the broadening scope of clinical diagnostics, and breakthroughs in the field of molecular biology.
How Will the Electrophoresis Market Size Evolve and Grow by 2029?
The electrophoresis market is projected to experience substantial growth in the upcoming years, swelling to $4.44 billion by 2029 with a compound annual growth rate (CAGR) of 8.2%. This expected surge during the forecast period can be credited to the transition towards capillary electrophoresis, rising demand for high-throughput analysis, growth in food and beverage testing, infectious disease diagnostic applications, and progress in microfluidic electrophoresis. The main trends for the forecast period encompass next-generation sequencing (NGS) and omics technologies, data analysis integrating artificial intelligence (AI), customization and personalization of electrophoresis systems, market proliferation in emerging economies, and strategic business consolidations like acquisitions and mergers.
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What Drivers Are Propelling the Growth of Electrophoresis Market Forward?
The electrophoresis market's expansion is anticipated to be driven by the increasing prevalence of cancer, infectious illnesses, and genetic disorders. Regular emergence and spread of infectious diseases with a potential for pandemic - like plague, cholera, flu and severe acute respiratory syndrome - are notable instances. Additionally, cancer, which is multifactorial with causes including diabetes and heart disease, also plays a part. The factors mentioned contribute to the reliance on electrophoresis to segregate and identify DNA, RNA, or protein molecules, and determine antibiotic concentration, enhancing dosage precision. For example, the Macmillan Cancer Support, a UK-based cancer charity, reported in June 2022 that the number of people living with cancer was 3 million in 2022, and projected it to increase to almost 3.5 million by 2025 and 4 million by 2030 in the UK. As a consequence, the electrophoresis market's growth will be fuelled by the escalating instances of cancer and infectious diseases.
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Which Emerging Trends Are Transforming the Electrophoresis Market in 2025?
The surge in technological advancements is a prominent trend catching attention in the electrophoresis market. Leading companies in this market are embracing innovative technological tactics to maintain their market standing. For example, in May 2023, the US-based firm, miniPCR bio, with expertise in life sciences, introduced the GELATO electrophoresis system for speedy DNA analysis. The GELATO essentially merges gel electrophoresis with transillumination technology, which facilitates the separation and visualization of nucleic acid within one compact model.
What Are the Key Segments in the Electrophoresis Market?
The electrophoresis market covered in this report is segmented -
1) By Product: Electrophoresis Reagents, Electrophoresis Systems, Gel Documentation Systems, Electrophoresis Software
2) By Application: Research, Diagnostics, Quality Control And Process Validation
3) By End User: Academic And Research Institutes, Pharmaceutical And Biotechnology Companies, Hospitals, Other End Users
Subsegments:
1) By Electrophoresis Reagents: Gel Staining Solutions, Running Buffers, Sample Preparation Reagents
2) By Electrophoresis Systems: Horizontal Electrophoresis Systems, Vertical Electrophoresis Systems, Capillary Electrophoresis Systems
3) By Gel Documentation Systems: UV Transilluminators, Gel Imaging Systems, Software For Gel Analysis
4) By Electrophoresis Software, Data Analysis Software, Gel Image Analysis Software, Electrophoresis Experiment Management Software
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Who Are the Key Players Shaping the Electrophoresis Market's Competitive Landscape?
Major companies operating in the electrophoresis market are Bio-Rad Laboratories Inc., Thermo Fisher Scientific Inc., Danaher Corporation, Agilent Technologies Inc., Merck Group, PerkinElmer Inc., QIAGEN N.V., Lonza Group Limited, Shimadzu Corporation, Harvard Bioscience Inc., C.B.S. Scientific Company Inc., Takara Bio Inc., Sebia Group, Analytik Jena AG, Biochrom Ltd., Biometra GmbH, Cleaver Scientific Ltd., Helena Laboratories Corporation, Hoefer Inc., Labnet International Inc., Major Science Co. Ltd., Prona Technologies Inc., Alfa Wassermann Inc., Eppendorf SE, Promega Corporation, Corning Inc., LI-COR Biosciences
What Geographic Markets Are Powering Growth in the Electrophoresis Market?
North America was the largest region in the electrophoresis market in 2024. The regions covered in the electrophoresis market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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