(EMAILWIRE.COM, January 17, 2019 ) [224 Pages Report] The global Electrophoresis Reagents Market is projected to reach USD 1.05 billion by 2020, at a CAGR of 5.4% from 2015 to 2020.Substantial growth and rapid technological advancement was experienced by the electrophoresis market in the past few years which had had a positive impact on the overall growth of the electrophoresis reagents market.

The market has witnessed new transforming and innovative applications of the electrophoresis reagents market. The global electrophoresis reagents market is mainly driven by technological advancement; rapidly increasing geriatric population; increasing funding for genomics and proteomics research. However, time consuming operations and limited sample analysis through gel electrophoresis and presence of alternative technologies offering better efficiencies and results are restraining the growth of this market to a certain extent.

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In 2014, the electrophoresis gels segment accounted for the largest share of the electrophoresis reagents market. However, the electrophoresis dyes segment is expected to be the fastest-growing segment in this market during the forecast period of 2015-2020. The high growth in this segment can be attributed to increasing investments and efforts by market players to find safer and highly sensitive alternative dyes for electrophoresis analysis.

The electrophoresis reagents market in the Asia-Pacific region is expected to offer significant growth opportunities for market players during the forecast period. The high growth in this regional segment is majorly attributed to the rapidly improving healthcare infrastructure, rising per capita income, increasing funding for genomics and proteomics research, rising demand for cutting-edge technologies, and low labor costs in emerging APAC countries.

The prominent players in the electrophoresis reagents market include Thermo Fisher Scientific (U.S.), Bio-Rad Laboratories, Inc. (U.S.), Lonza Group (Switzerland), QIAGEN N.V. (Netherlands), and Merck Millipore (U.S.), among others.

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Recent Developments:

# In 2015, Merck Millipore (U.S.) completed the acquisition of Sigma-Aldrich (U.S.)

# In 2015, Agilent Technologies Inc. (U.S.) acquired Seahorse Bioscience (U.S.).

# In 2015, Bio-Rad Laboratories, Inc. (U.S.) launched the IH-500, a fully automated random access system, for blood typing and screening.

# In 2015, Agilent Technologies Inc. (U.S.) launched updated SurePrint gene expression microarrays for messenger RNA profiling applications for human, mouse, and rat models.

# In 2015, Thermo Fisher Scientific (U.S.) opened a state-of-the-art GMP Clinical Services Facility in Singapore. This new facility intensified the company’s supply capabilities in the Asia-Pacific market.

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