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(Health-NewsWire.Net, September 07, 2015 ) Portland, OR -
Electrophoresis is an analytical method frequently used in molecular biology and medicine. It is extensively used for the separation and characterization of proteins and nucleic acids for genomics and proteomics research. Electrophoresis techniques have become an integral part of life sciences research due to the growing demand for next-generation sequencing, personalized medicine, and structure-based drug design. Electrophoresis technologies are frequently used in diagnostics, diagnosis of hemoglobinopathies, antibody analysis, drug quality control, vaccine analysis, and DNA sequencing.
The global electrophoresis technologies market is expected to grow at a steady CAGR of 5% to 6% during the forecast period (2015 to 2020). The market is mainly driven by the rising funding for research on electrophoresis techniques, growing number of research collaborations between market players and academic institutions, increasing use of capillary electrophoresis (CE) with mass spectroscopy (MS), and growing focus on next-generation sequencing research.
In this report, the market is segmented by products, applications, end users, and regions. The electrophoresis technologies market is broadly split into three product segments, namely, electrophoresis instrumentation, reagents, and imaging and informatics. The electrophoresis reagents market accounted for the largest share of the electrophoresis technologies product market, in 2014, and is expected to grow at the highest CAGR of 5.4% during the forecast period of 2015 to 2020. A large share of this segment is mainly due to the repetitive use of reagents in various electrophoresis techniques. In addition, the increase in innovations and developments in proteomics and genomic research, availability of funds from various organizations, and increasing R&D expenditure are further propelling the growth of electrophoresis reagents market. The electrophoresis reagents segment is further segmented into protein regents and nucleic acid reagents.
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On the other hand, the electrophoresis instrumentation is another major segment of the electrophoresis technologies product market and is segmented into gel electrophoresis systems and capillary electrophoresis systems.
On the basis of applications, the electrophoresis technologies market is segmented into research applications, diagnostic applications, and quality control and process validation. The research applications segment accounted for ~75% share of the electrophoresis technologies market, in 2014. This is mainly due to the extensive use of electrophoresis technologies in life sciences and biotechnology research.
In 2014, North America commanded the largest share to the global electrophoresis technologies market, followed by Europe, Asia-Pacific, and RoW. During the forecast period, developed geographic markets, such as North America and Europe are likely to grow at a lower CAGR as compared to the Asia-Pacific market. Growth in the Asia-Pacific market is largely driven by the increasing investments made by the pharmaceutical and biotechnology companies, rising demand of innovative technologies, and increasing research collaborations and funding in this region.
The global electrophoresis technologies market is consolidated at the top, with top ten players accounting for more than 70% market share in 2014. Some of the major players in the electrophoresis technologies market are Bio-Rad Laboratories, Inc. (U.S.), Thermo Fisher Scientific, Inc. (U.S.), Danaher Corporation (U.S.), PerkinElmer, Inc. (U.S.), QAIGEN N.V. (Netherlands), Sigma-Aldrich Corporation (U.S.), Agilent Technologies, Inc. (U.S.), Harvard BioScience, Inc. (U.S.), and Helena Laboratories (U.S.), GE Healthcare (U.K.), and Shimadzu Corporation (Japan).
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The report will enrich established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn would help them to garner a greater market share. Firms purchasing the report could use one or any combination of the below-mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) for reaping greater market shares.
This report provides insights on the following pointers:
• Market Penetration: Comprehensive information on product portfolios offered by top players in the electrophoresis market. The report analyzes the electrophoresis technologies market by product, application, and end user across all regions
• Product Development/Innovation: Detailed insights on upcoming trends, research and development activities, and new product launches in the electrophoresis technologies market
• Market Development: Comprehensive information on the lucrative emerging markets by product, application, end user, and region
• Market Diversification: Exhaustive information about new products, growing regions, recent developments, and investments in the electrophoresis technologies market
• Competitive Assessment: In-depth assessment of market shares, growth strategies, products, distribution networks, manufacturing capabilities, and SWOT analysis of leading players in the electrophoresis technologies market
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