Press release
Electrophoresis Equipment and Supplies Market - Positive long-term growth outlook 2013 - 2019
The global market for electrophoresis equipment and supplies is expected to grow at a CAGR of 4.80% between 2013 and 2019. 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. 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.Report Overview, with TOC: https://www.transparencymarketresearch.com/report-toc/1161
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.
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.
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