Future | Trends and Growth Analysis For Electrophoresis Market
Electrophoresis reagent segment is expected to account for the largest share in 2022.
Electrophoresis is an electrokinetic process that separates charged particles in a fluid using a field of electrical charge. The electrophoresis market, by product, has been segmented into electrophoresis reagents, electrophoresis systems, gel documentation systems and software. Increasing demand for 2D electrophoresis for protein separation for biomarker discovery and protein mapping is expected to drive the electrophoresis market.
The research segment held the largest market share in the electrophoresis market.
By application, the global electrophoresis market is broadly segmented into research, diagnostic, and quality control & process validation. Technological advancements such as automated electrophoresis systems and microchip-based CE diagnostics have revolutionized the application of electrophoresis in research.
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The growth in this market is attributed to the the growing industry-academia research collaboations, and increasing number of clinical, forensic and research labs screening will drive the growth of the market. On the other hand, safety concerns associated with electrophoresis reagents may challenge the growth of market. Whereas, increasing demand for personalized medicines to provide growth opportunities for market.
North America dominates the global electrophoresis market
Based on the region, the electrophoresis market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. North America market is driven by growing focus on biomarker discovery and increasing research in the field of structure-based drug design and therapeutic mAbs. Europe is the second-largest market for electrophoresis, characterized by increasing R&D activities, and high growth in the pharmaceutical & biological industries.
Major players in electrophoresis market include Bio-Rad Laboratories Inc. (US), Thermo Fisher Scientific Inc. (US), Danaher Corporation (US), Merck KGaA (Germany) and Agilent Technologies, Inc. (US).
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