USD 2.57 Billion
Report ID:
SQMIG35G2170 |
Region:
Global |
Published Date: December, 2024
Pages:
157
|Tables:
88
|Figures:
76
Electrophoresis Market size was valued at USD 2.57 Billion in 2023 and is poised to grow from USD 2.72 Billion in 2024 to USD 4.23 Billion by 2032, growing at a CAGR of 5.70% during the forecast period (2025-2032).
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 - 2025-2032
Global Market Size
USD 2.57 Billion
Largest Segment
Agarose Gel Electrophoresis
Fastest Growth
Agarose Gel Electrophoresis
Growth Rate
5.70% CAGR
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Global Electrophoresis Market is segmented by product type, application, end user and region. Based on product type, the market is segmented into electrophoresis reagents (gels, buffers, dyes, other), electrophoresis systems (gel electrophoresis systems, capillary electrophoresis systems, microchip electrophoresis systems), gel documentation systems and software. Based on application, the market is segmented into research (proteomics, genomics, drug discovery), diagnostics (hemoglobin analysis, protein analysis, DNA & RNA analysis) and quality control & process validation. Based on end user, the market is segmented into academic & research institutes, pharmaceutical & biotechnology companies, hospitals & diagnostic centers and others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
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.
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.
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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.
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Increasing Demand for Personalized Medicine and Diagnostic Accuracy
Emerging R&D Activities in Biotechnology and Pharmaceuticals
High Cost of Electrophoresis Equipment and Consumables
Lack of Skilled Professionals and Technical Expertise
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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.
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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 2023 | USD 2.57 Billion |
Market size value in 2032 | USD 4.23 Billion |
Growth Rate | 5.70% |
Base year | 2024 |
Forecast period | 2025-2032 |
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 |
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
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.
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With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Electrophoresis Market:
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