Increasing R&D Investments On Diverse Areas of Science Drives Demand for Electrophoresis Equipment & Supplies, According to New Report by Global Industry Analysts, Inc.
GIA announces the release of a comprehensive global report on the Electrophoresis Equipment & Supplies markets. Global market for Electrophoresis Equipment & Supplies is forecast to reach US$1.8 billion by 2020, driven by increased research activity in life sciences especially projects involving proteins, genes, and associated biomolecules.
San Jose, California (PRWEB) April 08, 2014
Follow us on LinkedIn – Electrophoresis is recognized as one of the most frequently employed separation and analysis technologies in life science laboratories. Growth in the electrophoresis instruments stems from research activities in various industries across the world. Proteomics research, undertaken by research laboratories in the field of pharmaceutical, life sciences, and biotechnology, has contributed significantly to the growing demand for electrophoresis instruments. With several drugs scheduled to lose patent in the coming years, drug manufacturers are intensifying their efforts to discover and develop new drugs, which in turn is generating demand for electrophoresis instruments. Considerable increase in the number of research studies on proteins, genes and advent of innovative and new drugs and therapies, is fuelling the need for electrophoresis products across the globe. A significant rise in the number of molecular profile applications is bolstering demand for electrophoresis products. Wide scale application of gel electrophoresis products in genomics is also driving growth. Additionally, augmented use of such products for new end applications and sophisticated gel imaging platform coupled with the growing popularity of electrophoresis devices are expected to propel demand in the market.
Though the concept of gel-free technology is gaining popularity, electrophoresis is expected to sustain its presence in well-entrenched application areas. Use of capillary and gel electrophoresis methods as complementary techniques in combination with various other analytical technologies for separation of biological macromolecules is expected to surge in the near future.
As stated by the new market research report on Electrophoresis Equipment & Supplies, the United States represents the single largest market, worldwide. Demand for capillary electrophoresis systems is rising in the country in parallel with the growth in the field of molecular pathology. Asia-Pacific is forecast to emerge as the fastest growing market surging at a CAGR of 6.5% over the analysis period. Advanced gel imaging systems, in the region, are expected to witness strong demand. Further, accelerated growth is anticipated backed by increasing demand for system upgrades and replacements.
Gel electrophoresis systems continue to dominate the market, primarily gaining from significant applications in microbiology, genetics, molecular biology and forensics laboratories. Capillary electrophoresis systems market is poised to register the fastest growth in the coming years. Biotechnology companies using capillary electrophoresis technology for maintaining quality control in their mono-clonal antibodies analysis are expected to augment usage of the same for quantitative and automated therapeutic protein analysis.
Major players covered in the report include AB SCIEX, Agilent Technologies, Bio-Rad Laboratories Inc., C.B.S Scientific Company Inc., GE Healthcare, Helena Laboratories Corporation, Hoefer Inc., Lonza Group Ltd., PerkinElmer Inc., Sebia, SERVA Electrophoresis GmbH, Sigma-Aldrich Corp, and Thermo Fisher Scientific Inc., among others.
The research report titled “Electrophoresis Equipment & Supplies: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, key growth drivers, mergers, acquisitions, and other strategic industry activities of major global and regional players. The report provides market estimates and projections in US dollars for all major geographic markets including the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific, Middle East and Latin America. The global and regional markets are also analyzed by product segments such as Gel Electrophoresis Systems, Capillary Electrophoresis Systems and Electrophoresis Gels/Reagents.
For more details about this comprehensive market research report, please visit – http://www.strategyr.com/Electrophoresis_Equipment_and_Supplies_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1500+ full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
Global Industry Analysts, Inc.
Web Site: http://www.StrategyR.com/
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