The electrophoresis equipment and supplies market was valued at USD 3.2 billion globally in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 5.7% over the course of the forecast period. Growing industry-academia research collaborations are responsible for this market's expansion, and the number of clinical, forensic, and research labs screening will continue to rise. The market is expanding rapidly due to rising demand for proteomics and genomics research as well as technical developments.

The market is expanding as a result of growing interest in molecular diagnostics and biomarker discovery. Efficiency and reproducibility are increasing with the development of automated and high-throughput electrophoresis equipment. Precision and sensitivity are being improved by advancements in capillary electrophoresis and microfluidics-based electrophoresis.

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Growth Drivers

Growing manufacturing of biosimilars and biologics need effective analysis of proteins and nucleic acids, which fuels the development of electrophoresis technology. Electrophoresis is becoming more and more necessary in research and diagnosis since personalized medications depend on DNA and protein analysis. The need for precise and validated electrophoresis procedures is being driven by stringent regulatory requirements for clinical research and medication development.

The market for electrophoresis goods is rising as a result of significant investments made by both public and commercial entities in biotechnology and pharmaceutical R&D. The market is expanding due to the expansion of university labs and research institutions around the world.

Segmentation

By Product

·         Electrophoresis Reagents

·         Electrophoresis Systems

·         Gel Documentation Systems

·         Electrophoresis Software

By Application

·         Research Applications

·         Diagnostics Applications

·         Quality Control & Process Validation

By End User

·         Academic & Research Institutes

·         Pharmaceutical & Biotechnology Companies

·         Hospitals & Diagnostic Centers

·         Other End Users

By Region

·         Asia Pacific

·         North America

·         Middle East and Africa

·         Europe

·         Latin America

Key Players

·         Bio-Rad Laboratories, Inc.

·         Thermo Fisher Scientific Inc.

·         Danaher Corporation

·         Merck KGaA

·         Agilent Technologies, Inc.

·         PerkinElmer Inc. Inc.

·         QIAGEN N.V.

·         Lonza

·         Shimadzu Corporation

·         HOEFER INC.

·         Sebia Group

·         Takara Bio Inc.

·         C.B.S. Scientific

·         4Basebio PLC.

·         Helena Laboratories Corporation

·         Syngene  

·         VWR International

·         TBG Diagnostics Ltd.

·         Analytik Jena GMBH

·         Oprl Biosciences PVT.LTD.

·         Kaneka Eurogentec S.A.

·         Cleaver Scientific Ltd.

·         Major Science Co., Ltd.  

·         Bio World

·         National Analytical Corporation

·         AES life sciences

·         Other Players

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