Electrophoresis Equipment and Supplies Market CAGR Projected to Grow at 4.80% Through 2019

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Albany, NY — 04/26/2018 — Transparency Market Research, a global market intelligence firm, has published a new market research report, titled “Electrophoresis Equipment and Supplies Market ?€” Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 ?€” 2019.” The study provides a comprehensive analysis of the global electrophoresis equipment and supplies market .

Electrophoresis is a technique that is widely used in laboratories to split up macromolecules on the basis of size. This technique puts on a negative charge so that the proteins shift towards the positive charge. This is used for both RNA as well as DNA analysis. Electrophoresis is one of the most frequently used analysis and separation technologies in life science, biotechnology, and pharmaceutical laboratories. According to the research study, in 2012, the global electrophoresis equipment and supplies market was worth US$1.3 bn and is estimated to reach a value of US$1.9 bn by the end of 2019, exhibiting a 4.80% CAGR between 2013 and 2019.

The global market for electrophoresis equipment and supplies is estimated to grow substantially owing to several factors such as the increasing importance of proteomics research and rising demand for innovative drugs and therapies, encouraging drug discovery research. Moreover, the improving healthcare infrastructure and rising disposable income in developing countries are further driving the overall electrophoresis equipment and supplies market. However, the lack of innovation in equipment technology is proffering market space to alternatives, which is expected to hamper the growth of the market in the forecast period.

On the basis of technology, the global electrophoresis equipment and supplies market has been categorized into gel electrophoresis, electrophoresis accessories, and capillary electrophoresis. Among these, the gel electrophoresis and capillary electrophoresis segments are considered the main choice of researchers in order to perform the analytical separation of macromolecules. In 2012, the gel electrophoresis segment held a 53% share in the global electrophoresis equipment and supplies market.

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On the basis of application, the global electrophoresis equipment and supplies market has been classified into hemoglobin, diagnostics (proteins), and microbial detection. In 2012, the hemoglobin segment accounted for the largest share in the overall electrophoresis equipment market. The rapid growth of this segment is witnessed due to hemoglobin electrophoresis being considered as the most precise, frequently used, and accurate DNA analysis technique in the global market. Moreover, the capillary electrophoresis segment has major applications in hemoglobin analysis and is considered as the utmost advanced equipment for the separation of nucleic acid in the market.

Furthermore, the research study has divided the global electrophoresis equipment and supplies market on the basis of geography into Europe, North America, Asia Pacific and Rest of the World. In 2012, the North America market dominated the overall market, holding a 40% share in the global electrophoresis equipment and supplies market. Nevertheless, the Asia Pacific market for electrophoresis equipment and supplies is projected to register the highest growth through the forecast period.

Some of the prominent players operating in the global electrophoresis equipment and supplies market are Harvard Bioscience, Inc., Thermo Fisher Scientific, Inc., Bio-Rad Laboratories, Inc., GE Healthcare, Danaher Corporation (Beckman Coulter), Life Technologies Corporation, Agilent Technologies, Inc., Lonza Group, Perkin Elmer, Inc., and Helena Laboratories Corporation.

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