Electrophoresis Market size is forecast to reach $3.18 billion by 2025, growing at a CAGR of 5.67% during the forecast period 2020-2025. Electrophoresis is an electrokinetic process which separates charged particles in a fluid using a field of electric charge. It is mostly used in life science to sperate protein molecules or DNA and can be achieved through several different procedures depending on type and size of material. With an increasing funding for research on genomics, proteomics and electrophoresis techniques, Growing number of Industry Academia research collaborations and growing number of nano proteomics are factors driving the growth of Electrophoresis Market during the forecast period 2020-2025.

Key Takeaways

North America dominated the Electrophoresis Market in 2019 owing to the increase in capital investment for new drug designs and growing biotechnology researches.

With high growth opportunities in developing countries, increasing demand for personalized medicine are few opportunities driving the growth of electrophoresis market during the forecast period 2020-2025.

Detailed analysis on the Strength, Weakness and Opportunities of the prominent players operating in the market will be provided in the Electrophoresis Market report.

Increasing use of electrophoretic in diagnostics test such as Haemoglobin testing, multiple myeloma testing and blood alcohol measurements are leading to demand of Diagnostic segment with respect to Application.

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Geography – Segment Analysis

Based on Geography, Electrophoresis Market is segmented into North America, Europe, Asia Pacific, and rest of the world. North America holds major shared contribution to 43.7% of total market share. This is owing to rising capital investment for new drug designs and growing biotechnology researches. However, Asia Pacific is estimated to grow at a higher CAGR during the forecast period 2020-2025 owing to increasing focus in low manufacturing cost advantages which provides growth opportunities for manufacturers.

Drivers – Electrophoresis Market

Increase in the use of NGS and decline in the cost of DNA Sequencing

Electrophoresis Industry Outlook : Electrophoresis Market top 10 companies are Aglient Technologies, Bio- Rad Laboratories, Thermo fisher Scientific, GE Healthcare, Merck CGAA, Danaher Corporation, Qiagen N.V, Lonza, Shimadzu corporation, Perkinelmer among others.

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