Overview and Scope
The electrophoresis reagents refer to a substance or mixture designed to simplify electrophoretic separation and analysis of samples. It separates biological molecules, such as proteins and DNA, from cells. These electrophoresis reagents are chemical entities that facilitate the sample analysis and electrophoretic separation in the process of electrophoresis.
Sizing and Forecast
The electrophoresis reagents market size has grown strongly in recent years. It will grow from $1.26 billion in 2023 to $1.34 billion in 2024 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to increased demand for clinical diagnostics, introduction of innovative reagents, growing academic and research institutes, clinical research and biomarker discovery, global market expansion.
The electrophoresis reagents market size is expected to see strong growth in the next few years. It will grow to $1.76 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period can be attributed to expansion of point-of-care testing, shift towards capillary electrophoresis, focus on sustainable reagent formulations, demand for high-throughput analysis, advancements in microfluidic electrophoresis. Major trends in the forecast period include technological advancements in electrophoresis techniques, adoption of next-generation sequencing (ngs), demand for high-throughput techniques, strategic collaborations and partnerships, integration of artificial intelligence (ai) in data analysis, customization and compatibility.
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Segmentation & Regional Insights
The electrophoresis reagents market covered in this report is segmented –
1) By Product: Gels (Polyacrylamide, Starch, and Agarose), Buffer (TAE Buffer, TBE Buffer, and Other Buffers), Dyes (ETBR, SYBR, Bromophenol Blue and Others), Other Reagents
2) By Technique: Capillary Electrophoresis, Gel Electrophoresis
3) By Application: DNA and RNA Analysis, Protein Analysis
4) By End-User: Pharmaceutical and Biotechnology Companies, Hospitals and Diagnostic Laboratories, Academic and Research Institutions, Others End Users
North America was the largest region in the electrophoresis reagents market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the electrophoresis reagents market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The rapidly increasing geriatric population is expected to propel the growth of the electrophoresis reagent market. The geriatric population is the number or percentage of people with 60 years of age and older in the total population. Hemoglobin electrophoresis examines haemoglobin levels and is most commonly used to diagnose anemia, sickle cell disease, and other haemoglobin disorders. For instance, in October 2022, according to the World Health Organization, a US-based specialized health agency, Globally, 1 in 6 people will be 60 or older by 2030, and there will be a double amount of individuals in this age group (2.1 billion) by 2050. Additionally, for instance, in June 2021, according to the UK Parliament’s House of Commons Library, a UK-based information resource, By 2043, there will be a rise in the senior population in the UK, which will make up 24% of the total population (17.4 million people). Therefore, the rapidly growing geriatric population is driving the growth of the electrophoresis reagent market .
Key Industry Players
Major companies operating in the electrophoresis reagents market report are Thermo Fisher Scientific Inc., Sigma-Aldrich Corporation, Bio-Rad Laboratories Inc., Agilent Technologies Inc., Lonza Group Ltd., Takara Bio Inc., Sebia Group, The Merck Group, BioAtlas OU, Cytiva, Promega Corporation, Helena Laboratories Corporation, Randox Laboratories Limited, Apacor Limited, Qiagen NV, Hoefer Inc., VWR International GmbH, anamed Elektrophorese GmbH, Alfa Aesar, General Electric Company, Merck Millipore, GenScript Corp., Zymo Research Corp., Omega Bio-tek Inc., Norgen Biotek Corp., Eurofins Genomics LLC
The electrophoresis reagents market report table of contents includes:
1. Executive Summary
2. Electrophoresis Reagents Market Characteristics
3. Electrophoresis Reagents Market Trends And Strategies
4. Electrophoresis Reagents Market – Macro Economic Scenario
5. Global Electrophoresis Reagents Market Size and Growth
……
31. Global Electrophoresis Reagents Market Competitive Benchmarking
32. Global Electrophoresis Reagents Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Electrophoresis Reagents Market
34. Electrophoresis Reagents Market Future Outlook and Potential Analysis
35. Appendix
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