12-Nov-2024 | Zion Market Research
Major companies in electrophoresis reagents market BioAtlas, Lonza bioscience, Bio-Rad Laboratories Inc., Agilent Technologies, Harvard Bioscience Inc., QIAxcel Advanced System, Merck Millipore, Thermo Fisher Scientific, Sigma-Aldrich Corporation, Takara Bio and Sebia Group. These players are set to bolster the development of global electrophoresis reagents market.
According to analysts at Zion Market Research, global Electrophoresis Reagents Market, estimating its value at USD 3.12 Billion in 2023, with projections indicating that it will reach USD 5.10 Billion by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 5.59% over the forecast period 2024-2032
This review is based on a report by Zion Market Research, titled “Electrophoresis Reagents Market By Product (Buffers, Gels, Dyes, Other Reagents), By Technique (Capillary Electrophoresis, Gel Electrophoresis), By Application (DNA and RNA Analysis, Protein Analysis), By End-User (Pharmaceutical and Biotechnology Companies, Hospitals and Diagnostic Laboratories, Academic and Research Institutions, Others): Global Industry Perspective, Comprehensive Analysis, And Forecast, 2020 – 2028.”
Increasing Prevalence of Diseases to Spur Growth
“The growing prevalence of chronic diseases, genetic disorders, infectious diseases, and cancer are also expected to fuel the demand for electrophoresis reagents” says the author of this study. Apart from these, the major factors responsible for the substantial growth in the global electrophoresis reagents market is due to the increase in the genetic disorders, infectious diseases, and cancer; technological advancements; high investments by governments in the genomics and proteomics research; and rapid increase in aged population in the various regions. The other factors responsible for the global electrophoresis reagents market are low labor costs, improvement in healthcare infrastructure and increasing per capita income. The time-consuming analysis, limited sample analysis, and alternative technologies restrain the growth of the global market.
Technological Advancements and New Projects Supporting North America Dominance
Regionally, North America has been leading the worldwide electrophoresis reagent market and is anticipated to continue on the dominant position in the years to come, states the electrophoresis reagent market study. The Asia-Pacific region is expected to dominate the electrophoresis reagents market. The electrophoresis reagents market grow rapidly in the emerging economies such as China, Japan, and India due to the increasing number of academic and research institutions, technological advancements, pharmaceutical and biotechnology companies, and health awareness. The global electrophoresis reagents market in the regions such as North America and Europe is also growing at a significant rate.
Browse the full “Electrophoresis Reagents Market By Product (Buffers, Gels, Dyes, Other Reagents), By Technique (Capillary Electrophoresis, Gel Electrophoresis), By Application (DNA and RNA Analysis, Protein Analysis), By End-User (Pharmaceutical and Biotechnology Companies, Hospitals and Diagnostic Laboratories, Academic and Research Institutions, Others): Global Industry Perspective, Comprehensive Analysis, And Forecast, 2024-2032.” Report at https://www.zionmarketresearch.com/report/electrophoresis-reagents-market
The global electrophoresis reagents market is segmented as follows:
By Product
By Technique
By Application
By End-User
By Region
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