(EMAILWIRE.COM, July 25, 2019 ) The global electrophoresis market is expected to reach USD 2.80 Billion by 2022 from USD 2.15 Billion in 2017, at a CAGR of 5.4% during the forecast period.

The growing number of CROs, clinical and research laboratories, and forensic laboratories is a direct indicator of the market demand for electrophoresis systems, as they are the key stakeholders involved in utilizing electrophoresis techniques for gene-based clinical and research applications. Moreover, with the growing application areas of next-generation sequencing (NGS) technologies, the next-generation sequencing market is expected to witness significant growth in the coming years. This, in turn, is expected to drive the growth of dependent markets, such as the electrophoresis market, during the forecast period.

In this report, the Electrophoresis market has been segmented based on product, application, end user, and region.

What the Market Looks Like?
The Report “Electrophoresis Market by Product (Gel Electrophoresis (Horizontal & Vertical) (Agarose & Polyacrylamide), Capillary Electrophoresis, Reagents, Geldoc, Imaging), Application (Diagnostic, Reasearch, Quality Control), End User - Global Forecast to 2022”

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“By product, the reagents segment accounted for the largest share of the market in 2016.”
On the basis of product, the reagent segment accounted for the largest share of the global electrophoresis market. This is primarily attributed to the increasing demand for 2D electrophoresis for protein separation for various applications such as biomarker discovery and protein mapping. Over the years, genomic and proteomic technologies have gained significant importance in fields of clinical diagnosis and drug discovery and development. These are some of the key factors driving the growth of the electrophoresis market, and in turn supporting the growth of the electrophoresis reagents market during the forecast period.

“By Application, the research segment held the largest market share in 2016.”
Based on application, the research segment accounted for the largest share of this market. Low cost and sensitive approach for DNA sequencing, the major role of electrophoresis in drug discovery, rising use of electrophoresis techniques as a result of growing importance of antibody research in the development of biotherapeutic are the major factors driving the use of electrophoresis, which has boosted the demand for research applications.

The Major Players Opearting in the Electrophoresis Market:

Key players in the Electrophoresis Market include Bio-Rad Laboratories, Inc. (U.S.), GE Healthcare (U.S.), and Thermo Fisher Scientific, Inc. (U.S.)

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Geographical Detailed Analysis for Electrophoresis Market:
Geographically, the global electrophoresis market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
In 2016, North America held the largest share of this market, and this is primarily attributed to the growing focus of stakeholders on research projects involving proteins, associated biomolecules, and genes; stringent regulatory requirements regarding pharmaceutical manufacturing necessitating quality control and process validation processes; rising focus on the development of structure-based drug designs; and growing research activities in the fields of Genomics and proteomics.