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Electrophoresis Reagents, Emerging Opportunities, Market Size, Market Trends & Forecast By 2022
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The market is driven by increased use of electrophoresis in therapeutics, basic research and commercial applications. However, stringent regulations are expected to inhibit market growth. Increasing research and development activities in various industries are expected to act as opportunities for future market growth.
Electrophoresis reagents market can be segmented on the basis of end-use into four segments as protein synthesis and purification, gene expression, DNA and RNA analysis, drug testing. Protein synthesis and purification is estimated to be the largest segment and expected to remain so for the next six years. Drug testing is expected to be the fastest growing end-use segment owing to increased expenditure on research and development by pharmaceutical industry supported by subsidies from state governments worldwide.
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The market can be divided, based on application types, into three segments as gels, dyes and buffers. Gels are anticipated to be the dominant application for electrophoresis reagents, where agar gel is the most popular. Dyes and buffers are also aiding the market growth driven by increased therapeutic activities
In terms of geography, North America is estimated to be the leading market attributed to the advanced infrastructural capabilities and huge investments on drug development and testing Asia Pacific is also witnessing rapid growth in the market as a result of a general improvement in healthcare infrastructure along with enhanced research and development facilities.
Some of the players in the electrophoresis reagents market include Abbott Laboratories Agilent Technologies Inc., Beckman Coulter Inc., Becton, Dickinson And Company, GE Healthcare Ltd., Hoefer Inc., Siemens Healthcare and Life Technologies Corporation among many others.
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