IMARC Group, a leading market research company, has recently releases report titled , "Electrophoresis Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" the global electrophoresis equipment market size reached US$ 1.84 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.52 Billion by 2028, exhibiting a growth rate (CAGR) of 5.27% during 2023-2028.
Electrophoresis equipment is a specialized technological solution that is used in various industries for the separation and analysis of biomolecules and macromolecules based on their charge and size. It comprises various techniques, such as gel electrophoresis, capillary electrophoresis, and polyacrylamide gel electrophoresis. It relies on the principles of electrophoresis, which involves the movement of charged particles under the influence of an electric field. It has user-friendly interfaces and predefined protocols that enhance ease of use. It focuses on achieving precise separation and analysis of biological molecules, such as proteins, nucleic acids, and other biomolecules. It allows researchers, scientists, and biotechnologists to rely on this solution to separate and analyze complex biomolecular mixtures and enable them to gain insights into molecular structure and function. It benefits clinical diagnostics by aiding in the identification of genetic mutations, protein abnormalities, and disease markers. It offers an efficient and rapid analysis of biomolecular samples and enables researchers to process a significant number of samples in a relatively short time and assists in early disease detection. Besides this, it aids in simplifying the separation process and reducing the risk of human errors. As it is widely utilized for genetic research, disease diagnosis, and drug discovery processes, the demand for electrophoresis equipment is rising around the world.
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Electrophoresis Equipment Market Trends and Drivers:
At present, the increasing prevalence of genetic disorders and chronic diseases among the masses across the globe represents one of the major factors contributing to the market growth. Moreover, the growing demand to understand protein functions and genetic information is offering a positive market outlook. Apart from this, the rising popularity of miniaturization, which enables rapid analysis and conserves valuable resources, is providing lucrative growth opportunities to industry investors. In addition, there is a rise in the demand for accurate diagnostics tools among the masses around the world. This, coupled with the increasing popularity of automated and user-friendly systems that streamline research processes and enhances efficiency, is strengthening the growth of the market. Besides this, the growing demand for personalized medicines among individuals is positively influencing the market. Additionally, the increasing development of advanced electrophoresis systems that offer improved productivity and data generation and enhanced speed and sensitivity is propelling the growth of the market. In line with this, the rising demand for quantitative analysis of biomolecules is impelling the growth of the market. Furthermore, key players are introducing eco-friendly electrophoresis equipment that reduces power consumption and has fewer hazardous chemicals, which is supporting the growth of the market.
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- Agilent Technologies Inc.,
- Bio-Rad Laboratories Inc.
- Cleaver Scientific Ltd.
- Edvotek Inc.
- Flinn Scientific Inc.
- Hoefer Inc. (Harvard Bioscience Inc.)
- Lonza Group AG
- Lumex Instruments
- Merck KGaA
- Nova-Tech International Inc.
- PerkinElmer Inc.
- Qiagen N.V.
- SERVA Electrophoresis GmbH
- Thermo Fisher Scientific Inc.
Product Type Insights:
- Gel Electrophoresis Systems
- Capillary Electrophoresis Systems
- Electrophoresis Accessories
Type Insights:
- Vertical Electrophoresis
- Horizontal Electrophoresis
End User Insights:
- Hospitals and Diagnostics Centers
- Academic and Research Institutes
- Pharmaceutical and Biotechnology Companies
- Others
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Key highlights of the report:
- Market Performance
- Market Outlook
- Porter's Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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