Global Electrophoresis Market Size to Reach USD 5.28 Billion in 2032 | Emergen Research

Growing application of electrophoresis in drug discovery, genomics, proteomics, and antibody research are some major factor boosting revenue growth of global electrophoresis market

Vancouver, Oct. 03, 2023 (GLOBE NEWSWIRE) — The global electrophoresis market size is expected to reach USD 5.28 Billion in 2028 and register a steady CAGR during the forecast period, according to latest analysis by Emergen Research. Increasing investment in research on proteomic, genomic, and electrophoresis techniques, rising emphasis on industry-academia research, growing application of capillary electrophoresis with mass spectroscopy, and increasing application of next-generation sequencing are some key factors fueling revenue growth of global electrophoresis market.

Electrophoresis, also known as cataphoresis process, is a laboratory process used to separate RNA, DNA, or protein molecules. Electrophoretic system comprises two electrodes of opposite charge, anode, and cathode, connected by a conducting medium called electrolyte. The movement of molecules depends on particle size, shape, electric charge, and temperature during the process, and it remains constant under specific electrophoretic conditions.

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In this process, different kinds of gels are used in slab or tube form as support mediums. Gel slabs are more widely used in laboratories as these allow multiple samples to be run in parallel. Agarose and polyacrylamide gels are the two most widely used support mediums. Agarose gel is broadly used during electrophoresis of DNA.

Scope of Research

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Competitive Landscape

The global electrophoresis market is highly fragmented with a large number of key players focusing on research and development activity in order to account for maximum share of the global market revenue. Some of the major players in the market are:

• Thermo Fisher Scientific
• Bio-Rad Laboratories
• Merck Group
• Agilent Technologies
• Danaher Corporation
• GE Healthcare
• PerkinElmer
• Harvard Bioscience
• Shimadzu Corporation
• Sebia Group

Strategic Developments

• In September 2020, Promega launched Spectrum Compact capillary electrophoresis benchtop DNA analysis instrument. This instrument allows life scientists to perform Sanger sequencing and fragment analysis at the bench.

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Some Key Findings in the Report:

• In May 2018, Aglient technologies acquired Advanced Analytical Technologies, Inc. The acquisition helped Aglient technologies to provide customers with a more comprehensive set of services for Next Generation Sequencing workflows.
• Academic & research institutes segment accounted for largest revenue share in the global market in 2020. This can be attributed to rising funding for proteomics and genomics research.
• North America accounted for a 31.2% revenue share in the global market in 2020. Increasing investment for new drug discovery and rising focus on biotechnology research are major factors driving revenue growth of the market in this region.

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For the purpose of this report, Emergen Research has segmented the global electrophoresis market based on product, application, end-use, and regions:

• Product Outlook (Revenue, USD Billion; 2018–2028)

• Electrophoresis Reagents

1.  Protein Electrophoresis Reagents
2.  Nucleic Acid Electrophoresis Reagents

• Electrophoresis Systems
• Electrophoresis Software
• Gel Documentation Systems

• Application Type Outlook (Revenue, USD Billion; 2018–2028)
  • Research
  • Quality Control & Process Validation
  • Diagnostics
• End-Use Outlook (Revenue, USD Billion; 2018–2028)$1$1$1
  • Academic & Research Institutes
  • Hospitals
  • Pharmaceutical & Biotechnology Companies
  • Others
• Regional Outlook (Revenue: USD Billion; 2018–2028)
  • North America
    1. U.S.
    2. Canada
    3. Mexico
  • Europe
    1. Germany
    2. France
    3. U.K.
    4. BENELUX
    5. Italy
    6. Spain
    7. Switzerland
    8. Russia
    9. Rest of Europe
  • Asia Pacific
    1. China
    2. India
    3. Japan
    4. South Korea
    5. Rest of APAC
  • Latin America
    1. Brazil
    2. Rest of LATAM
  • Middle East & Africa
    1. Saudi Arabia
    2. UAE
    3. South Africa
    4. Turkey
    5. Rest of MEA

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