The Infinium Global Research analyzes the Global Electrophoresis Market over the period of 2019 to 2025. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global electrophoresis market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of electrophoresis. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the electrophoresis market during the period. The global electrophoresis market is projected to grow at a CAGR of 5.1% over the forecast period of 2019-2025.
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Growing Number of Research and Development Activities is One of the Major Factors Driving the Growth of the Market
The electrophoresis market is estimated to grow with a significant rate in the forecast period. A growing number of research and development activities is one of the major factors driving the growth of the market. The rising demand for genetic studies for new bacterial and viral species for the development of a new biological drug is boosting the growth of the market. Moreover, increasing the biotech and pharmaceutical industries globally is also contributing to the growth of the market. On the other hand, the high cost of the instruments and reagents can hamper the growth of the market. However, the rising application of genetic studies and testing, supported by cost-effective instruments can provide better opportunities for the market.
Electrophoresis Market: Segmentation
The electrophoresis market is segmented based on electrophoresis reagents, electrophoresis systems, gel-type, and end-users. Based on the electrophoresis reagents market can be characterized by protein electrophoresis reagents and nucleic acid electrophoresis reagents. Based on the electrophoresis systems market further divided into horizontal gel electrophoresis systems, vertical gel electrophoresis systems, capillary electrophoresis systems, and gel doc systems. Vertical gel electrophoresis systems further bifurcated into 1D gel Electrophoresis and 2D gel Electrophoresis. Gel types classified into Polyacrylamide gel and agarose gel. While the end-user segment further sub-segmented into diagnostic labs, research laboratories, quality control labs and others.
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North America Dominates the Market and Expected to Keep Its Dominance in the Forecast Period
Geographically, the electrophoresis market is segmented into North America, Europe, Asia-Pacific, and RoW. North America dominates the market and expected to keep its dominance in the forecast period. Presence of major player and increasing funding for research activities by government and private sector are some of the factors fuelling the growth of the market. Europe holds the second position in the market. Growing healthcare industries, increasing demand of electrophoresis techniques in diagnostic centers and forensic labs boosting the growth of the market in this region. Market in the Asia Pacific is estimated to grow with a significant rate in the forecast period. Growing healthcare industry, rising funding for research activities and educational research are contributing to the growth of the market.
Electrophoresis Market: Competitive Analysis
Key players in the market are, Key players contributing to the growth of the market include Bio-Rad Laboratories, GE Healthcare, Thermo Fisher Scientific Inc., Danaher Corporation, Agilent Technologies, Merck Millipore, PerkinElmer, Inc., Hoefer Inc., QIAGEN N.V., Lonza Group Ltd. and others. Bio-Rad Laboratories Inc. and GE Healthcare Ltd. are dominating the global electrophoresis market.
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- Comprehensive analysis of global as well as regional markets of the Electrophoresis.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.