Electrophoresis Equipment And Supplies Market By Product (Gel Electrophoresis Systems, Capillary Electrophoresis Systems, Electrophoresis Supplies & Accessories), By Application (Research & Diagnostics, Quality Control & Process Validation) - Growth, Share, Opportunities & Competitive Analysis, 2018 – 2026

The Electrophoresis Equipment and Supplies Market Will Exhibit Healthy Growth From 2018 to 2026

The global electrophoresis equipment and supplies market was worth $1,729.2 million in 2017 and is expected to be worth $2,554.4 million by 2026. Factors characterized by market growth include the rising worldwide prevalence of cancer, genetic disorders, and infectious diseases; increasing research activities coupled with funding in the proteomics and genomics fields; a surging number of industry-academic research institute collaborations; and a growing focus on next-generation sequencing (NGS) research activities. Furthermore, changing regulatory requirements in the healthcare sector and the mounting need to curb healthcare expenditure across the world are likely to nurture market growth. The growing demand for innovative drugs and therapies is facilitating the demand for drug discovery research and increasing research projects related to proteins and genes. On the contrary, the presence of alternative technologies to electrophoresis that provides better efficiency and outcomes is expected to limit the adoption of this technique over the forecast period. In addition, electrophoresis is a time-consuming technique that provides limited sample analysis and is anticipated to hinder market growth in the near future.

Market Synopsis

The Electrophoresis Supplies and Accessories Segment to Command the Market from 2018 to 2026

The electrophoresis supplies and accessories segment is further categorized into buffers and reagents, power supplies, and others such as films, solutions, vacuum pumps, combs, densitometers, and cassettes, among others. This segment dominated the market in 2017 due to repetitive usage and the purchase of electrophoresis supplies and accessories. The gel electrophoresis systems segment would also hold a substantial market share during the forecast period, attributed to rising applications in proteomics and genomics.

Over the forecast period of 2018 to 2026, the Quality Control & Process Validation segment is expected to grow at the fastest rate.

Rising applications of electrophoresis in quality control of pharmaceutical formulations by assaying the drug content of pharmaceutical formulations are expected to contribute to healthy market growth over the forecast period. Electrophoresis is used in the identification and study of deoxyribonucleic acid (DNA) and DNA fragments and the testing of antibiotics and vaccines. Electrophoresis is used to test the purity of an antibiotic and enables researchers to differentiate between the antibiotic and any impurities present. Furthermore, electrophoresis is useful in the development and production of vaccines. The technique is used by researchers to compare the effects of vaccines across a large number of test subjects.

Because of the presence of supportive healthcare infrastructure and major market players, North America led the market in 2017.

North America is expected to dominate the market throughout the forecast period owing to the domicile of key market participants, rising technological advances in electrophoresis coupled with the growing adoption of technologies, and a procedural shift towards combination techniques. Additionally, rising research and development and the presence of rigorous regulatory requirements regarding pharmaceutical manufacturing demand quality control and process validation processes.

Asia Pacific is expected to register the fastest market growth over the forecast period due to the presence of improved healthcare infrastructure and increasing investments in research capacities in drug and therapy discovery. Moreover, a surging number of academic and research institutes and pharmaceutical and biotechnology industries in India, China, Japan, and Australia would kindle the demand for electrophoresis equipment and supplies in the near future.

The presence of international market players creates market penetration challenges for new entrants.

Key companies in this vertical are Bio-Rad Laboratories, Inc.; Thermo Fisher Scientific, Inc.; GE Healthcare; Agilent Technologies, Inc.; Beckman Coulter, Inc. (a subsidiary of Danaher Corporation); PerkinElmer, Inc.; Shimadzu Corporation; Merck KGaA; Qiagen; and Helena Laboratories. These leading market value contributors are adopting organic and inorganic business growth strategies such as new product launches, joint ventures (JVs), vertical and horizontal integration, collaborations and partnerships, mergers and acquisitions (M&As), divestitures, and operational and geographical expansions. In March 2018, Thermo Fisher Scientific Inc. acquired IntegenX, a U.S.-based provider of rapid DNA technology for human identification in forensics and law enforcement applications, in order to complement capillary electrophoresis systems. Moreover, in May 2017, Thermo Fisher Scientific Inc. launched the Applied Biosystems SeqStudio Genetic Analyzer, a capillary electrophoresis (CE) platform that provides a low-throughput, cartridge-based system for Sanger sequencing and fragment analysis in genome editing, oncology research, species identification, and human cell line authentication.

Periods of History and Forecast

This study report includes an analysis for each segment from 2016 to 2026, with 2017 as the base year. The compound annual growth rate (CAGR) for each of the respective segments is estimated for the forecast period from 2018 to 2026.

Report Scope by Segments

This report on the global electrophoresis equipment and supplies market puts light on the qualitative and quantitative analysis of present and future market dynamics. The report covers thorough information on the global electrophoresis equipment and supplies market by categorizing the market on the basis of product, application, and geography. This report will provide significant market insights to medical device companies, suppliers and distributors of medical devices, venture capitalists, industry investors and associations, research & academic institutes, research & consulting organizations, and healthcare professionals for decision-making and strategizing market position.

This report also incorporates the qualitative analysis of market dynamics and variables such as key market drivers, restraints, opportunities, and trends, which provide complete market information for the overall electrophoresis equipment and supplies industry. Also, the report includes a graphical demonstration of the competitive landscape based on their market initiatives and strategies, product portfolio, financial information, and key developments. Major market contributors profiled in this report are Bio-Rad Laboratories, Inc.; Thermo Fisher Scientific, Inc.; GE Healthcare; Agilent Technologies, Inc.; Beckman Coulter, Inc. (a subsidiary of Danaher Corporation); PerkinElmer, Inc.; Shimadzu Corporation; Merck KGaA; QIAGEN; and Helena Laboratories.

Key questions are answered in this report.

  • What are the current market trends and dynamics in the electrophoresis equipment and supply market, and what are the valuable opportunities for emerging players?
  • Which product segment contributes to the maximum market share?
  • Which product segment accounts for the fastest CAGR during the forecast period?
  • Which application segment holds the highest market share?
  • What is the impact of high-cost electrophoresis equipment and supplies on the market?
  • Are low- and middle-income economies investing in the electrophoresis equipment and supply market?
  • What are the market trends and dynamics in emerging markets such as Latin America, the Middle East, and Africa?

Frequently Asked Questions:

The market for Electrophoresis Equipment And Supplies is expected to reach US$ 2,554.4 Mn in 2026.

The Electrophoresis Equipment And Supplies market is expected to see significant CAGR growth over the coming years, at XX%.

The report is forecasted from 2018-2026.

The base year of this report is 2017.

Bio-Rad Laboratories, Inc.,Thermo Fisher Scientific Inc.,GE Healthcare,Agilent Technologies, Inc.,Beckman Coulter, Inc.(A Subsidiary of Danaher Corporation) are some of the major players in the global market.

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Published Date:  Oct 2018
Category:  Medical Devices
Report ID:   59413
Report Format:   PDF
Pages:   120
Rating:    4.4 (58)
Delivery Time: 24 Hours to 48 Hours   
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