With a CAGR of 4.80%, Electrophoresis Equipment and Supplies Market will be worth US$1.9 bn by 2019

Transparency Market Research has recently published a new market research report, titled ‘Electrophoresis Equipment and Supplies Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019’, which has been added to its huge database of market research reports. The report studies the current scenario and future potential of global electrophoresis equipment and supplies market. It includes the definition of electrophoresis, which is described as an analytical technique used to separate macromolecules such as proteins, RNA, and nucleic acid fragments according to their electric charge and molecular size.This market research report by TMR states that the global market for electrophoresis equipment and supplies is expected to grow at a CAGR of 4.80% between 2013 and 2019. Analysts at TMR also predict that maximum growth of this market is anticipated in the Asia Pacific region in the coming years. According to the findings of the report, the market will be worth US$1.9 bn by 2019 from a value of US$1.3 bn in 2012.

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The report provides an overview of the uses and significance of electrophoresis techniques in the medical, biotech, and life science fields. It provides details of this market based on its segmentation by technologies and applications. On the basis of technologies, the market is categorized into capillary electrophoresis, gel electrophoresis, and electrophoresis accessories. The gel electrophoresis equipment segment is further divided into two-dimensional gel electrophoresis and polyacrylamide gel electrophoresis equipment. Capillary electrophoresis and gel electrophoresis techniques are observed to be the first choice of researchers for performing analytical separation of macromolecules. Gel electrophoresis has helped DNA research massively, while the capillary electrophoresis market has also grown significantly in the recent past due to the growth of microfluidics. For both these techniques, the report broadly covers the growth potential and restraining factors in the coming years.

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By applications, the market for electrophoresis can be segmented into hemoglobin analysis, protein diagnostics, and microbial detection. Among the three applications, hemoglobin electrophoresis was the most precise, accurate, and frequently used DNA analysis technique in the market. In 2012, this segment took up the largest share of the electrophoresis equipment and supplies market. Moreover, from a geographical standpoint, North America was in the leading position in 2012. This region accounted for nearly 40% of the overall market. However, maximum growth is expected to be witnessed in the Asia Pacific region over the forecast period.

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The report also discusses how patent expirations of several bestselling drugs are likely to boost investments in new drug developments. The focus is expected to be on research projects related to genes, biomolecules, and proteins.Rise in drug discovery and growing stress on proteomics research is an effective combination that is likely to work in favor of the electrophoresis equipment and supplies market. Some of the main players active in this market are GE Healthcare Ltd., Hoefer Inc, and Bio-Rad Laboratories, Inc.

Global Electrophoresis Equipment and Supplies Market Report is available @ US$ 5795

About us:
Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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This release was published on openPR.