Electrophoresis Market to Reach USD 3.52 Billion by 2033 at a 4.5% of CAGR , Driven by Growing Demand for Advanced Analytical Techniques

Electrophoresis Market
Electrophoresis Market

The global electrophoresis market is set for significant growth, with its value projected to increase from USD 2,268.8 million in 2023 to USD 3,523.5 million by 2033. This expansion reflects a compound annual growth rate (CAGR) of 4.5% over the forecast period. The rising adoption of electrophoresis in clinical research, drug discovery, and molecular biology is driving this market growth.

Electrophoresis is a critical analytical technique used in various fields, including biotechnology, genomics, proteomics, and pharmaceutical development. The growing need for advanced analytical tools to support genetic research, DNA analysis, and protein separation is a key factor propelling the demand for electrophoresis systems. The technique’s precision and accuracy make it indispensable for research institutions, clinical laboratories, and pharmaceutical companies.

The market’s growth is also being fueled by continuous technological advancements in electrophoresis equipment and reagents. The development of automated and user-friendly systems has increased the efficiency and reliability of laboratory processes. Additionally, increased investments in life sciences research and the rise of personalized medicine are further driving the adoption of electrophoresis technologies.

Key Takeaways:

  1. The global electrophoresis market is expected to grow from USD 2.27 billion in 2023 to USD 3.52 billion by 2033, with a CAGR of 4.5%.
  2. Rising demand for precision analysis in genetics, proteomics, and drug discovery is driving the growth of the electrophoresis market.
  3. Advancements in electrophoresis equipment and reagents are increasing efficiency, accuracy, and ease of use in laboratory processes.
  4. The market’s expansion is supported by growing investments in life sciences research and the rising focus on personalized medicine.

With continued innovation in life sciences and healthcare, the electrophoresis market is set to play a critical role in supporting advancements in molecular biology, genetic research, and personalized healthcare solutions. The increasing reliance on precise and efficient analytical tools will further strengthen the growth trajectory of the global electrophoresis market.

Key Market Drivers

  • Increased Demand for Advanced Laboratory Instruments: The rising need for efficient laboratory processes, particularly in forensic laboratories and research facilities, is driving the adoption of capillary electrophoresis systems. These instruments enhance laboratory workflows by allowing simultaneous analysis of multiple samples, thereby improving productivity.
  • Technological Advancements: Ongoing innovations in electrophoresis equipment are enhancing speed, precision, and sensitivity, expanding the range of applications and increasing global demand for these technologies.
  • Rising Applications in Research and Diagnostics: The growing focus on genetic research and diagnostics is propelling the need for electrophoresis techniques, which are essential for separating and analyzing biomolecules such as proteins and nucleic acids.

Key Players Vying for a Larger Market Share in Electrophoresis Market

Key players in the electrophoresis market are funding collaborations with research institutes for the advancement of electrophoresis techniques. Surging research and development in this field has resulted in expanded applications of electrophoresis in quality control and food safety.

Players are acquiring smaller companies to broaden their offerings and scope in new markets. Market participants are partnering with other companies like system integrators and distributors to consolidate their sales channels and reach new customers, increasing their market share.

Key Developments Observed in the Electrophoresis Market

  • In September 2021, SCIEX revealed its capillary electrophoresis solution called BioPhase 8800 system. The novel, advanced multi-capillary system can process eight samples at a time, thus warranting sample consistency and precise results.
  • In September 2019, Bio-Rad Laboratories, Inc. unveiled the Science of Opioid Dependence Kit. The kit provides undergraduate and high school educators with a hands-on DNA electrophoresis activity to learn complex genetics due to the opioid crisis.
  • In March 2023, researchers in Japan created a new method to purify DNA nanostructures that can be used to make molecular robot bodies functional. Researchers used gel electrophoresis to segregate aggregates and target DNA nanostructures.

Key Players

  • Agilent Technologies
  • Bio-Rad Laboratories, Inc.
  • Helena Laboratories Corporation
  • Hoefer, Inc. (Harvard Biosciences)
  • Merck KGaA
  • PerkinElmer Inc.
  • SCIEX
  • SERVA Electrophoresis GmbH
  • Thermo Fisher Scientific Inc.
  • Danaher Corporation
  • Shimadzu Corporation
  • Takara Bio, Inc.
  • TBG Diagnostic Ltd
  • Cleaver Scientific
  • QIAGEN N.V.
  • Eurogentec
  • Sebia Group
  • Analytik Jena
  • Lonza Group

Key Market Segments Covered in Electrophoresis Market Research

By Product:

  • Instruments
    • Horizontal Systems
    • Vertical Systems
    • Capillary Electrophoresis Systems
    • Automatic Electrophoresis Systems
  • Reagents and Consumables
    • Gel
      • Polyacrylamide Gel Electrophoresis
      • Agarose Gel Electrophoresis
      • Others
    • Buffers & Others
  • Software

By End-use Industry:

  • Hospitals
  • Diagnostic Laboratories
  • Pharma & Biotech Companies
  • CROs and CMOs
  • Academic & Research Institutes
  • Forensic Laboratories

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East and Africa (MEA)

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Author By:

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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