According to the latest industry research study by Technavio, the global capillary electrophoresis market is projected to grow at a CAGR of over 7% during the forecast period 2017 to 2021.
This market research by Technavio provides an exhaustive study of the global capillary electrophoresis market in terms of revenue and developing market trends. The report consists of an up-to-date examination and forecasts for various market sectors and all geographical regions.
Technavio research analysts classify the market based on the end-user
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The top two revenue generating end-user segments are discussed below:
Capillary electrophoresis market for research organizations and institutes: The rising demand for personalized medicines and increasing research activities for drug discovery is leading the growth of the capillary electrophoresis market in this segment. The increasing number of investments, funds, and grants by government bodies have encouraged the practice of advanced electrophoresis techniques in the research industry. The vendors are developing new capillary electrophoresis devices to meet the rising requirements of the industry. Such developments will also promote the need for professional training to handle and use these technologically advanced products.
“The rising number of tie-ups between academic institutes and research laboratories to improve the support for research will have a positive impact on the growth of the capillary electrophoresis market. The ongoing research activities in the fields of proteomics, medicine, and genomics will boost the demand for capillary electrophoresis in these industries. The manufacturers are offering a robust and easy-to-use platform that integrates quantitative, qualitative, and automated solutions for analysis of protein purity, charge isoform distribution, and glycan structure to increase their revenues,” says Amber Chourasia, a lead analyst at Technavio for research on lab equipment.
Capillary electrophoresis market for pharmaceutical companies: The extensive use of capillary electrophoresis devices to determine chiral purity in pharmaceuticals is driving the growth in this market segment. These systems help support aspects of early drug discovery and drug development testing, analysis of protein-based pharmaceuticals, and routine quality control of marketed pharmaceuticals. Moreover, this method can detect millimolar to nanomolar binding interactions and provides the benefits of a powerful and proven technology useful for drug discovery screening.
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The top vendors functioning in the capillary electrophoresis market are:
- Agilent Technologies
- Bio-Rad Laboratories
- Thermo Fisher Scientific
The other prominent retailers in the market include AB Sciex, Becton, Dickinson and Company, C.B.S Scientific, Danaher, General Electric, Harvard Bioscience, Helena Laboratories, Hoefer, Lonza, Sysmex Partec, PerkinElmer, Sebia, SERVA Electrophoresis, Sigma-Aldrich, and Takara Bio.
A more detailed analysis is offered in the Technavio report titled, ‘Global Capillary Electrophoresis Market 2017-2021’. Technavio also customizes reports by other regions and specific sectors upon request.
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- Global Professional Diagnostics Market 2016-2020
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