Impact Of Rapidly Increasing Geriatric Population On Electrophoresis Reagent Market: Powering Innovation and Expansion in the Electrophoresis Reagents Market by 2025

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What Is the Expected CAGR for the Electrophoresis Reagents Market Through 2025?
In recent years, there has been a substantial growth in the market size of electrophoresis reagents. From $1.31 billion in 2024, it is forecasted to increase to $1.38 billion in 2025, representing a compound annual growth rate (CAGR) of 5.7%. Factors contributing to this growth during the historic period include the rising demand for clinical diagnostics, the launch of novel reagents, expansion of academic and research institutes, advancements in clinical research and biomarker discovery, and expansion in the global market.

What's the Projected Size of the Global Electrophoresis Reagents Market by 2029?
The market for electrophoresis reagents is anticipated to witness robust growth in the upcoming years, with a projected value of $1.88 billion by 2029, growing at a compound annual growth rate (CAGR) of 8.1%. The expected growth in the forecast period could be due to the widening of point-of-care testing, the shift towards using capillary electrophoresis, the concentration on environmentally friendly reagent formulations, the need for high-throughput examination, and advancements in microfluidic electrophoresis. Significant trends during the forecast period are predicted to be technological progressions in electrophoresis methods, the increasing adoption of next-generation sequencing (NGS), the rising demand for high-throughput methods, strategic collaborations and alliances, the integration of artificial intelligence in data analysis, along with customization and compatibility.

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Top Growth Drivers in the Electrophoresis Reagents Industry: What's Accelerating the Market?
The electrophoresis reagent market is predicted to grow due to the swiftly rising elderly population. This refers to the number or proportion of individuals aged 60 or over within the overall population. Hemoglobin electrophoresis, which measures hemoglobin levels, is frequently employed to detect ailments such as anemia, sickle cell disease, and other hemoglobin-related disorders. A report released by the Pew Research Center Organization, a US-based nonpartisan fact tank, in January 2024, indicated a 0.2% increase in the geriatric population in 2024, expected to rise to 0.5% by 2054. Consequently, the burgeoning elderly population is fueling progress in the magnetic resonance imaging coils market.

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What Trends Will Shape the Electrophoresis Reagents Market Through 2029 and Beyond?
A significant trend on the rise within the electrophoresis reagents industry is the advent of product innovations. Large entities in the electrophoresis market are focusing on creating novel products to maintain their foothold. To cite an example, Kemira Oyj, a chemical industry firm based in Finland, introduced a biomass-balanced polyacrylamide in February 2022. This polymer, which retains the technical properties of its conventional variant and is water-soluble, can be deployed within the energy field. It also has potential uses in highly challenging paper applications, the water treatment sector, and other industries with substantial water requirements.

What Are the Main Segments in the Electrophoresis Reagents Market?
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

Subsegments:
1) By Gels: Polyacrylamide Gels, Starch Gels, Agarose Gels
2) By Buffers: TAE Buffer (Tris-Acetate-EDTA), TBE Buffer (Tris-Borate-EDTA), Other Buffers
3) By Dyes: Ethidium Bromide (ETBR), SYBR Green, Bromophenol Blue, Other Dyes
4) By Other Reagents: Sample Loading Dyes, Stabilizers, Enhancers

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Which Top Companies are Driving Growth in the Electrophoresis Reagents Market?
Major companies operating in the electrophoresis reagents market 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, Cytiva, Promega Corporation, Helena Laboratories Corporation, Randox Laboratories Limited, Qiagen NV, Hoefer Inc., VWR International GmbH, anamed Elektrophorese GmbH, Alfa Aesar, GenScript Corp., Zymo Research Corp., Omega Bio-tek Inc., Norgen Biotek Corp., Eurofins Genomics LLC

Which Regions Will Dominate the Electrophoresis Reagents Market Through 2029?
North America was the largest region in the electrophoresis reagents market in 2024. 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.

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