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Segment-level analysis on Global Electrophoresis Market

09-14-2017 09:12 AM CET | Health & Medicine

Press release from: Market Data Forecast

The Global Electrophoresis Market was worth USD 2.03 billion in 2016 and estimated to be growing at a CAGR of 5.4%, to reach USD 2.66 billion by 2021. Electrophoresis is the movement of dispersed particles relative to a fluid under a uniform electric field applied spatially.

Electrophoresis is a technique used in laboratories to separate macromolecules (proteins) based on size. This technique applies negative charge on proteins to make them move towards a positive charge. This is used for both RNA and DNA analysis also.

The growth of Electrophoresis market is attributed to factors like rising funding for electrophoresis techniques, growing focus on next generation sequencing (NGS), rising incidences of chronic diseases, cancer and genetic disorders. Growing funding for research on genomic and proteomic techniques and growing number of industry-academia research collaborations will also help in growth of the market.

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The Global market for Electrophoresis is segmented based on Product, Application and End Users. Based on Product – Gel Electrophoresis, Capillary Electrophoresis, Reagents, Geldoc and Imaging. Gel electrophoresis is further segmented to vertical and horizontal electrophoresis, Vertical is further segmented based on gel type as Agarose and Polyacrylamide.

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Asia Pacific is expected to grow the fastest due to increasing research funding, growing proteomics and genomics techniques and rising adoption of advanced electrophoresis techniques. Reagents holds the major share in the market in terms of products while gel electrophoresis is expected to grow the fastest and academic and research institutes hold major share in terms of end users. Hospitals and diagnostic centers are expected to grow the fastest.

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Some of the key players dominating this market include Bio-Rad Laboratories, GE Healthcare, Thermo Fisher Scientific Inc, Danaher Corporation, Agilent Technologies, Merck Millipore, PerkinElmer, QIAGEN N.V., Lonza Group Ltd., Shimadzu Corporation, Harvard Bioscience, Sebia Group and C.B.S. Scientific Company.

Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more information, kindly visit, www.marketdataforecast.com.

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