Electrophoresis Market is projected to reach USD 2.80 billion by 2022

NEW YORK, June 26, 2017 /PRNewswire/ -- Highlights

·         The global electrophoresis market projected to grow at a CAGR of 5.4%.

·         The global electrophoresis market is projected to reach USD 2.80 billion by 2022, growing at a CAGR of 5.4% from 2017 to 2022.

·         Factors responsible for the growth of this market include rising funding for electrophoresis techniques, growing focus on next-generation sequencing research, and rising incidence of chronic diseases. However, electrophoresis techniques involve time-consuming operations and offer limited sample analysis.

·         These factors are expected to restrain the growth of the electrophoresis market during the forecast period.

·         Gel documentation systems segment is expected to register the highest CAGR during the forecast period.

·         On the basis of product, the electrophoresis market is segmented into electrophoresis reagents, electrophoresis systems, gel documentation systems, and software.

·         The gel documentation systems segment is expected to register the highest CAGR during the forecast period.

·         The increasing demand for gel electrophoresis in proteomics research and personalized medicines is a major factor driving the growth of the overall gel electrophoresis market.

·         Hospitals & diagnostic centers are expected to grow at the highest CAGR during 2017 to 2022.

·         Based on end user, the electrophoresis market is segmented into academic & research institutes, pharmaceutical & biotechnology companies, hospitals & diagnostic centers, and other end users.

·         The hospitals & diagnostic centers segment is expected to grow at the highest CAGR during the forecast period.

·         The growing prevalence of immunodeficiency diseases and rising incidence of serum protein disorders such as liver disease are also expected to propel the utilization of electrophoresis systems in hospitals and diagnostic centers during the forecast period.

"The global electrophoresis market projected to grow at a CAGR of 5.4%."
The global electrophoresis market is projected to reach USD 2.80 billion by 2022, growing at a CAGR of 5.4% from 2017 to 2022. Factors responsible for the growth of this market include rising funding for electrophoresis techniques, growing focus on next-generation sequencing research, and rising incidence of chronic diseases. However, electrophoresis techniques involve time-consuming operations and offer limited sample analysis. These factors are expected to restrain the growth of the electrophoresis market during the forecast period.


"Gel documentation systems segment is expected to register the highest CAGR during the forecast period."
On the basis of product, the electrophoresis market is segmented into electrophoresis reagents, electrophoresis systems, gel documentation systems, and software. The gel documentation systems segment is expected to register the highest CAGR during the forecast period. The increasing demand for gel electrophoresis in proteomics research and personalized medicines is a major factor driving the growth of the overall gel electrophoresis market.

"Hospitals & diagnostic centers are expected to grow at the highest CAGR during 2017 to 2022."
Based on end user, the electrophoresis market is segmented into academic & research institutes, pharmaceutical & biotechnology companies, hospitals & diagnostic centers, and other end users. The hospitals & diagnostic centers segment is expected to grow at the highest CAGR during the forecast period. The growing prevalence of immunodeficiency diseases and rising incidence of serum protein disorders such as liver disease are also expected to propel the utilization of electrophoresis systems in hospitals and diagnostic centers during the forecast period.

"APAC is projected to witness the highest growth during the forecast period."
North America held the largest share of the global electrophoresis market in 2016. On the other hand, the Asia-Pacific region is expected to witness the highest CAGR during the forecast period, owing to the growing proteomics and genomics research & increasing research funding, rising adoption of advanced electrophoresis techniques, increasing investments by pharmaceutical and biotechnology companies, and growing research collaborations and funding.

Break of primary participants was as mentioned below:

• By Company Type – Tier 1–34%, Tier 2–46% and Tier 3–20%
• By Designation – C-level–25%, Director Level–23%, Others–52%
• By Region – North America – 45%, Europe–25%, Asia-Pacific–28%, RoW–2%

Some of the major market players in the electrophoresis market are Bio-Rad Laboratories, Inc. (U.S.), GE Healthcare (U.S.), Thermo Fisher Scientific, Inc. (U.S.), Agilent Technologies (U.S.), Merck Millipore (U.S.), PerkinElmer, Inc. (U.S.), QIAGEN N.V. (Netherlands), Lonza Group Ltd. (Switzerland), Shimadzu Corporation (Japan), Harvard Bioscience, Inc. (U.S.), Sebia Group (U.K.), and C.B.S. Scientific Company, Inc. (U.S.).


Research Coverage:
The report analyzes the various types of systems & consumables and their adoption pattern. It aims at estimating the market size and future growth potential of the global electrophoresis market for different segments such as products, applications, end user, and region. The report also includes an in-depth competitive analysis of the key players in this market along with their company profiles, product offerings, recent developments, and key market strategies.

Reasons to Buy the Report
The report will enrich established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn would help them, garner a greater share. Firms purchasing the report could use one or any combination of the below-mentioned five strategies for strengthening the market.


This report provides insights on the following pointers:
• Market Penetration: Comprehensive information on product portfolios offered by the top players in the global electrophoresis market. The report analyzes the global electrophoresis market by product, application, end user, and region
• Product Development/Innovation: Detailed insights on upcoming trends and new product launches in the global electrophoresis market
• Market Development: Comprehensive information on the lucrative emerging regions by product, application, end user, and region
• Market Diversification: Exhaustive information about new products, growing geographies, and recent developments in the global electrophoresis market
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and products of leading players in the global electrophoresis market
Read the full report: http://www.reportlinker.com/p04954569/Electrophoresis-Market-by-Product-Capillary-Electrophoresis-Reagents-Geldoc-Imaging-Application-End-User-Global-Forecast-to.html

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