USD 2.3 billion
Electrophoresis Market Size, Share, Growth Analysis, By Type(Agarose Gel Electrophoresis and Polyacrylamide Gel Electrophoresis.), By Application(Protein Analysis, Nucleic Acid Analysis, Glycan Analysis and Others.), By End - use(Academic and Research Institutions, Pharmaceutical and Biotechnology Companies, Clinical Laboratories and Hospitals.), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG35G2170 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
88
|Figures:
76
Electrophoresis Market Insights
Electrophoresis Market size was valued at USD 2.43 billion in 2022 and is poised to grow from USD 2.57 billion in 2023 to USD 4.00 billion by 2031, growing at a CAGR of 5.70% in the forecast period (2024-2031).
The growth is attributed to the growing demand for chronic diseases such as CVD, cancer, personalized medicines with increased collaboration of industry and technological advancements being the major factors driving the market.
The increasing incidence of cancer and infectious diseases makes early diagnosis important. By February 2024, WHO estimates that the global cancer burden will result in an estimated 35 million new cases by 2050, an increase of 77% to 20 million in 2022. This increasing number is driving demand for technologically advanced diagnostic and therapeutic techniques, including electrolysis, reagents and systems.
Collaborations between academic and industry players facilitate innovations in electrophoresis techniques, especially in genomics, proteomics and personalized medicine. These partnerships use advanced electrophoresis technology to identify biomarkers, study disease mechanisms at a molecular level and target therapies tailored to individual genetics. The increasing integration of electronic systems that are more efficient is accelerating the development of more accurate and efficient assessment methods.
US Electrophoresis Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Agarose Gel Electrophoresis
Fastest Growth
Agarose Gel Electrophoresis
Growth Rate
5.7% CAGR
Global Electrophoresis By Country ($ Bn)
Country Share for North America Region (%)
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Electrophoresis Market Segmental Analysis
The global electrophoresis market is segmented based on type, application, end-use, and region. Based on type, the market can be segmented into Agarose Gel Electrophoresis, and Polyacrylamide Gel Electrophoresis. Based on application, the market is segmented into Protein Analysis, Nucleic Acid Analysis, Glycan Analysis, and Others. By End-use, it can be segmented into Academic and Research Institutions, Pharmaceutical and Biotechnology Companies, Clinical Laboratories and Hospitals. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Analysis by End-Use
The academic and research institutes dominated and accounted for the largest market share of 34.3% in 2023. These institutions lead the way in revolutionary digital structures, applications and techniques carried out internally, regularly with enterprise partners. Their specialized area studies maintain to amplify the ability use of energy. Universities and research facilities are principal users of electrophoresis gadget and reagents, growing demand for through their projects and guides. They additionally serve as training grounds for future scientists and engineers, offering the large access to electrophoretic strategies. Many groundbreaking discoveries and advances in electrophoresis technology come from instructional research and are eventually translated into commercial records.
The pharmaceutical and biotechnology companies' segment is predicted to develop at a speedy increase price of 6.1% CAGR during the forecast duration. The growing availability of customized drugs and synthetic tablets has caused a demand for advanced electrophoresis structures for the evaluation of complicated biological molecules. Furthermore, an improved awareness on protein-primarily based capsules and gene remedy requires advanced electrophoresis strategies for protein characterization and nucleic acid evaluation. Strategic partnerships, mergers and acquisitions of enterprise similarly stimulate market growth by promoting innovation and expanding the use of electrophoretic era. As these companies continue to seek more efficient and accurate diagnostic tools, their influence significantly propels the advancement and adoption of electrophoresis techniques worldwide.
Analysis by Type
Agarose gel electrophoresis is the dominant segment in the market. Agarose gel electrophoresis is a major technique widely used, especially in academic and research institutions, and in clinical research and is justified by its affordability, simplicity, and ability to isolate large fragments of DNA. AGEs have always been an important tool in molecular biology applications, which has contributed to their steady growth in the market. This is particularly strong in genetic analysis, where it is the method for qualitative and quantitative analysis of DNA samples. Agarose gel electrophoresis is also gaining popularity due to increased demand for genetic testing, molecular diagnostics and forensics. As the biotechnology and pharmaceutical industry continues to expand, AGE technology remains important for clinically applied research such as gene therapy and the diagnosis of genetic diseases.
Polyacrylamide gel electrophoresis plays an important role in proteomics, where the demand for high-resolution protein analysis continues to grow. This has made PAGE a favorite of researchers and pharmaceutical companies focused on protein identification, quantification and characterization. The expanding use of PAGE in drug discovery and development, biomarker research and molecular diagnostics is fueling its growth results in the market. As the biotechnology and pharmaceutical industries invest heavily in protein-based therapeutics, polyacrylamide gel electrophoresis is increasingly important for the design and purification of investigational therapeutic proteins. The increasing focus on biologics and biosimilars in the pharmaceutical industry is also contributing to the development of PAGE.
Global Electrophoresis By Type
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Electrophoresis Market Regional Insights
As per electrophoresis market outlook, North America region dominated the market and accounted for a 35.4% proportion in 2023. This demand is further fueled by advancements in genetic research and the need for accurate disease diagnosis and treatment planning. The electrophoresis market in the U.S. is expected to grow substantially over the forecast period. Owing to the rising incidence of cancer and cardiovascular diseases in the country, along with advancements in molecular diagnostics and personalized medicine, is expected to significantly contribute to the market growth. Further, the increasing adoption of NGS technologies is driving the demand for high-performance electrophoresis instruments and reagents in the country.
Asia Pacific in the market is expected to witness the fastest growth rate of 6.1% CAGR during the forecast period. This market is attributed to increased industry and academic collaboration in countries such as India, China and Japan. For example, in February 2023, a joint organization between the Kyushu Institute of Technology and Tohoku University in Japan developed a new electrophoresis system that combines microfluidic and electrochemical sensing technologies. The system uses a combination of microfluidic techniques and electrodes to enable rapid separation and detection of biomolecules. Furthermore, expanded health coverage and implementation of public health initiatives aimed at reducing application abuse during pregnancy contribute to the electrophoresis market growth in this segment.
Global Electrophoresis By Geography
- Largest
- Fastest
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Electrophoresis Market Dynamics
Electrophoresis Market Drivers
Increasing Demand for Personalized Medicine and Diagnostic Accuracy
- One of the major drivers of the electrophoresis market is increasing generalization and diagnostic accuracy. The separation and analysis of biomolecules such as proteins, nucleic acids, peptides, including gel electrophoresis techniques and capillary electrophoresis play an important role. Advances in proteomics and genomics, which increasingly rely on electrophoretic techniques, are major factors contributing to the expansion of this market by researchers and clinicians to more accurate diagnostic tools and treatments.
Emerging R&D Activities in Biotechnology and Pharmaceuticals
- Another major factor driving the electrophoresis industry is increasing investment in research and development (R&D) activities in biotechnology and pharmaceutical industries. Biotechnology companies and research institutes have increasingly relied on these techniques to identify the new drug targets, understand disease mechanisms and monitor therapeutic interventions involvement is effective. Electrophoretic technology is an important part of R&D applications, especially in the protein analysis, DNA sequencing, and genomic other research activities.
Electrophoresis Market Restraints
High Cost of Electrophoresis Equipment and Consumables
- The high cost associated with electrodes and elements could be a barrier to sizeable adoption of this generation, especially small labs in which advanced devices were needed for accurate electrophoresis analysis. Furthermore, even as some primary electrophoresis strategies are easy and fee-effective, advanced strategies together with the 2-dimensional gel electrophoresis (2D-GE) and capillary electrophoresis (CE) require a systematic method and high cost, making it inaccessible to smaller organizations.
Lack of Skilled Professionals and Technical Expertise
- Another constraint affecting the electrophoresis market is the lack of skilled workers, lacking the technical skills required to successfully implement complex electromotive systems. Electrophoresis, especially in advanced techniques, requires precision in sample preparation, equipment management and data interpretation. Many regions lack trained engineers and researchers with the depth of knowledge required to successfully develop the electrolysis processes.
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Electrophoresis Market Competitive Landscape
The electrophoresis industry is highly competitive, with companies offering advanced technologies designed to meet the needs of research institutes, laboratories and pharmaceutical industries. These companies use innovative electrophoresis solutions to address a variety of applications including proteins research, nucleic acid sequencing and biomarker discovery. The competition is driven by continuous advancements in technology, product diversification, and the need for high throughput and automation in research environments.
Electrophoresis Market Top Player’s Company Profiles
- Merck KGaA (Germany)
- GE Healthcare (US)
- QIAGEN N.V. (Netherlands)
- Lonza Group Ltd. (Switzerland)
- PerkinElmer, Inc. (US)
- Danaher Corporation (US)
- Harvard Bioscience, Inc. (US)
- Shimadzu Corporation (Japan)
- SERVA Electrophoresis GmbH (Germany)
- C.B.S. Scientific Company, Inc. (US)
- VWR International LLC (US)
- Expedeon Ltd. (United Kingdom)
- Sebia Group (France)
- Cleaver Scientific Ltd. (United Kingdom)
- Helena Laboratories Corporation (US)
- Major Science Co., Ltd. (Taiwan)
- Analytik Jena AG (Germany)
Electrophoresis Market Recent Developments
- In January 2024, Agilent Technologies announced 'Proteoanalyzer', a new automated parallel capillary electrophoresis system designed to enhance proteomics analysis and analysis capabilities. The system uses advanced liquid chromatography and mass spectrometry (LC-MS); technologies together, to characterize and identify proteins.
- In September 2022, Amerigo Scientific, a leading distributor of products and services for the biomedical and life sciences industries launched the new CALX8 reagent designed to meet the needs of life science researchers. and immunoassays.
- In June 2022, Advanced Electrophoresis Solution Ltd. received pre-A investments from GCI Capital and Celtic House Asia Partners, both based in Toronto. This investment will help expand the company’s powertrain product pipeline and new options.
Electrophoresis Key Market Trends
- Integration of Automation and Miniaturization: A major factor in the electrophoresis market trend is the incorporation of automation and miniaturization into power circulation systems. Electronic processing offers greater throughput, greater accuracy, and reduced manual labor, making it more attractive to laboratories and clinics that need to process large numbers of samples quickly. Furthermore, miniaturization of the electrodes allows for small portable systems that are cost-effective and suitable for point-of-care testing and field application.
- Development of New and Improved Electrophoresis Techniques: The electrophoresis market is also witnessing the development of new and advanced electrophoresis techniques aimed at increasing efficiency, accuracy and sensitivity. For example, capillary electrophoresis (CE) has become popular due to its high resolution, speed and strength. Advances in electrophoresis provide greater detail in protein profiling and biomarker discovery.
Electrophoresis Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to SkyQuest analysis, the electrophoresis market is propelled by means of the growing demand for personalized medicinal drug, advances in the research and improvement within the biotechnology and pharmaceutical sectors, and the integration of automation and miniaturization. The high costs related to devices and consumables, in addition to the shortage of professional specialists, present significant challenges to the market's expansion. Trends together with the development of latest electrophoresis strategies and the ongoing force for automation and miniaturization are helping form the future of the market. As technologies keep adapting and becoming more reachable, the electrophoresis market is poised for constant increase, specifically in clinical diagnostics, drug development, and genomics research.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 2.43 billion |
| Market size value in 2031 | USD 4.00 billion |
| Growth Rate | 5.70% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Electrophoresis Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Electrophoresis Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Electrophoresis Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Electrophoresis Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Electrophoresis Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Electrophoresis Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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