Global Electrophoresis Reagents Market - Segmented by Product (Gels, Dyes, Buffers and Other Reagents), Technique, End-User and Geography - Growth, Trends, and Forecast (2022 - 2030)
The global electrophoresis reagents market is projected to grow at a CAGR of approximately 5.2% during the forecast period (2018-2023). The electrophoresis is a technique to separate DNA, RNA and proteins using an electrical current based on molecular weight or fragment size. The reagents used in the electrophoresis technique are called as electrophoresis reagents. Although, this technique has been in use for a long time and is considered as outdated, with the addition of latest technologies, market is growing at the study rate.
Increasing Prevalence of Chronic Diseases
The chronic diseases such as cardiovascular disorders (CVD) and central nervous system (CNS) are related to the disorders of lipoprotein metabolism. The electrophoresis is used in the analysis of the lipoproteins and apolipoproteins that are essential for the valuation of the CVD and monitoring of individuals on treatment. According to WHO, the prevalence of chronic diseases is expected to increase by 57% by 2020. Also, as per WHO, China and India now have the world’s highest number of diabetes sufferers at more than 98 million and 65 million individuals. With the increasing prevalence of chronic diseases, the prompt diagnosis and treatment are in need. The electrophoresis is used in the clinical laboratories to quantify the lipoproteins using enzymatic staining of cholesterol and triglycerides for the diagnosis of CVD and other chronic diseases. With the increasing need of diagnosis due to the proliferation of the chronic disease, the market of electrophoresis reagents market is expected to rise in future. Other factors such as increasing funding for genomic and proteomic research, growing collaborations between industry & academics and technological developments are additionally helping in propelling the market growth.
Presence of Alternative Technologies
Electrophoresis is mainly used in the RNA, DNA and protein analysis. Also, it has scope in the drug development and diagnosis of the diseases. However, with the innovations, many new techniques are available in the market. The alternative techniques such as CT scan, MRI, and other medical diagnostic techniques are more sophisticated and relievable compare to the electrophoresis technique. Also, in the drug development, usage of HPLC, mass spectroscopy and other techniques has gain more importance than that of the electrophoresis. With the availability of the NGS, the study of DNA, RNA and proteins has become easier and less time consuming. The advantages of alternative techniques such as accuracy, less time consuming, ease of use and data reliability has given upper hand to these techniques over the electrophoresis and expected to hamper the market growth. Additionally, the electrophoresis is considered to be a time-consuming operation which has hindered the market growth.
The US to Dominate the Electrophoresis Reagents Market
The global electrophoresis reagents market has been segmented into five major regions, viz. North America, Europe, Asia Pacific, Middle East & Africa, and South America. Driven by the developed country of the U.S., North America dominated the global electrophoresis market in 2017, due to factors such government support for genomic and proteomic research and increasing collaboration between industry & academics. Furthermore, technological developments and increasing expenditure by manufacturers for development of electrophoresis reagents are also boosting the growth of the electrophoresis reagents marketin the US.
Key Developments in Electrophoresis Reagents Market
• Feb 2018: According to an article by Oleksandrov S et al, there is a development of bufferless gel electrophoresis chip that will cut down the time consumption and will ease the preparation and separation of the DNA.
• May 2017: Thermo Fisher Scientific has launched a new capillary electrophoresis (CE) system designed to offer a low-throughput, cartridge-based system for Sanger sequencing and fragment analysis.
• Feb 2017: Promega had collaborated with Hitachi and developed a benchtop capillary electrophoresis (CE) instrument.
Major players: AGILENT TECHNOLOGIES, INC., BIOATLAS, BIO-RAD LABORATORIES, INC., GE HEALTHCARE, LONZA GROUP, AG, MERCK KGAA, QIAGEN N.V., SIGMA-ALDRICH CORPORATION, TAKARA BIO, INC., and THERMO FISHER SCIENTIFIC among others.
Reasons to Purchase Electrophoresis Reagents Market Report
• Current and future global electrophoresis reagents market outlook in the developed and emerging markets
• Analyzing various perspectives of the market with the help of Porter’s five forces analysis
• The segment that is expected to dominate the market
• Regions that are expected to witness fastest growth during the forecast period
• Identify the latest developments, market shares and strategies employed by the major market players.
• 3-month analyst support along with the Market Estimate sheet (in Excel).
Customization of Electrophoresis Reagents Market Report
• This report can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Increasing Prevalence of Chronic Diseases
The chronic diseases such as cardiovascular disorders (CVD) and central nervous system (CNS) are related to the disorders of lipoprotein metabolism. The electrophoresis is used in the analysis of the lipoproteins and apolipoproteins that are essential for the valuation of the CVD and monitoring of individuals on treatment. According to WHO, the prevalence of chronic diseases is expected to increase by 57% by 2020. Also, as per WHO, China and India now have the world’s highest number of diabetes sufferers at more than 98 million and 65 million individuals. With the increasing prevalence of chronic diseases, the prompt diagnosis and treatment are in need. The electrophoresis is used in the clinical laboratories to quantify the lipoproteins using enzymatic staining of cholesterol and triglycerides for the diagnosis of CVD and other chronic diseases. With the increasing need of diagnosis due to the proliferation of the chronic disease, the market of electrophoresis reagents market is expected to rise in future. Other factors such as increasing funding for genomic and proteomic research, growing collaborations between industry & academics and technological developments are additionally helping in propelling the market growth.
Presence of Alternative Technologies
Electrophoresis is mainly used in the RNA, DNA and protein analysis. Also, it has scope in the drug development and diagnosis of the diseases. However, with the innovations, many new techniques are available in the market. The alternative techniques such as CT scan, MRI, and other medical diagnostic techniques are more sophisticated and relievable compare to the electrophoresis technique. Also, in the drug development, usage of HPLC, mass spectroscopy and other techniques has gain more importance than that of the electrophoresis. With the availability of the NGS, the study of DNA, RNA and proteins has become easier and less time consuming. The advantages of alternative techniques such as accuracy, less time consuming, ease of use and data reliability has given upper hand to these techniques over the electrophoresis and expected to hamper the market growth. Additionally, the electrophoresis is considered to be a time-consuming operation which has hindered the market growth.
The US to Dominate the Electrophoresis Reagents Market
The global electrophoresis reagents market has been segmented into five major regions, viz. North America, Europe, Asia Pacific, Middle East & Africa, and South America. Driven by the developed country of the U.S., North America dominated the global electrophoresis market in 2017, due to factors such government support for genomic and proteomic research and increasing collaboration between industry & academics. Furthermore, technological developments and increasing expenditure by manufacturers for development of electrophoresis reagents are also boosting the growth of the electrophoresis reagents marketin the US.
Key Developments in Electrophoresis Reagents Market
• Feb 2018: According to an article by Oleksandrov S et al, there is a development of bufferless gel electrophoresis chip that will cut down the time consumption and will ease the preparation and separation of the DNA.
• May 2017: Thermo Fisher Scientific has launched a new capillary electrophoresis (CE) system designed to offer a low-throughput, cartridge-based system for Sanger sequencing and fragment analysis.
• Feb 2017: Promega had collaborated with Hitachi and developed a benchtop capillary electrophoresis (CE) instrument.
Major players: AGILENT TECHNOLOGIES, INC., BIOATLAS, BIO-RAD LABORATORIES, INC., GE HEALTHCARE, LONZA GROUP, AG, MERCK KGAA, QIAGEN N.V., SIGMA-ALDRICH CORPORATION, TAKARA BIO, INC., and THERMO FISHER SCIENTIFIC among others.
Reasons to Purchase Electrophoresis Reagents Market Report
• Current and future global electrophoresis reagents market outlook in the developed and emerging markets
• Analyzing various perspectives of the market with the help of Porter’s five forces analysis
• The segment that is expected to dominate the market
• Regions that are expected to witness fastest growth during the forecast period
• Identify the latest developments, market shares and strategies employed by the major market players.
• 3-month analyst support along with the Market Estimate sheet (in Excel).
Customization of Electrophoresis Reagents Market Report
• This report can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
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