According to Technavio’s latest market research study, the global gel electrophoresis market is expected to grow at a CAGR of close to 7% during the forecast period, 2017-2021.
This report by Technavio provides an in-depth analysis of the global gel electrophoresis market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
Technavio research analysts categorize the market based on the end-user type
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The top three revenue contributing end-user segments are discussed below:
Global gel electrophoresis market for lab research: Gel electrophoresis is used in genetic screening, biochemistry, molecular biology, microbiology, and forensics. The rise in demand for personalized medicines drives the rise in research activities for drug discovery, thus resulting in the increased demand for lab analytical instruments, such as gel electrophoresis, for separation analysis.
“Rising investments, funds, and grants by government bodies are encouraging the practice of advanced electrophoresis techniques across industries. Such developments enable users to not only purchase the highly expensive equipment but also avail the professional training required to use the equipment,” says Amber Chourasia, a lead analyst at Technavio for research on lab equipment.
Global gel electrophoresis market for pharmaceutical and biotechnological companies: The expansion in the methods of research and therapeutic options such as the invention of immune-related oncology drugs, personalized medicine, stem cells, and biologics drive the demand for gel electrophoresis from pharmaceutical and biotechnological companies.
Global gel electrophoresis market for others: The others segment comprises of hospitals, diagnostic centers, and academic institutions. The projected rise in a number of hospitals and diagnostic centers across the globe is expected to propel the growth of the global gel electrophoresis market for the others segment during the forecast period.
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The top vendors operating in the global gel electrophoresis market are:
- Agilent Technologies
- Bio-Rad Laboratories
- GE Healthcare
- Thermo Fisher Scientific
Other prominent vendors in the market include SCIEX, C.B.S. Scientific, Harvard Bioscience, Helena Laboratories, Hoefer, Lonza, Sysmex Partec, PerkinElmer, Sebia, SERVA Electrophoresis, Sigma-Aldrich, Shimadzu, and Takara Bio.
A more detailed analysis is available in the Technavio report titled, ‘Global Gel Electrophoresis Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global DNA Sequencing Products Market 2016-2020
- Global DNA Microarray Market 2016-2020
- Global Biometrics Market in the Government Sector 2016-2020
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