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Global Electrophoresis Reagents Market is Growing at a CAGR of 5.5% in 2026
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Posted: Dec 13, 2019
Global Electrophoresis Reagents Market, By Product (Gels, Dyes, Buffers, Others), Technique (Gel Electrophoresis, Capillary Electrophoresis), End-User (Research Institutions, Pharmaceutical & Biotechnology Companies, Hospitals & Clinics, Diagnostic Laboratories, Others)
Market Analysis: Global Electrophoresis Reagents Market
Global Electrophoresis Reagents Market is estimated to rise from its initial estimated value of USD 0.94 billion in 2018 to an estimated value of USD 1.44 billion by 2026, registering a CAGR of 5.5% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing levels of chronic diseases globally.
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Market Definition: Global Electrophoresis Reagents Market
Electrophoresis is known as a system for the differentiation and separation of DNA, RNA based on their size and charge. The procedure is used for the sorting and differentiation of macromolecules from the sample. This technology is widely used for diagnostic and research of different pharmaceutical applications.
Increasing levels of patient population that are at risk for infectious diseases, genetic disorders and chronic disease is expected to drive the market growth.
Market Drivers:
- Increasing levels and prevalence of chronic diseases is expected to drive the market growth
- Increased awareness and technological developments in the market is also expected to drive the market growth
Market Restraints:
- Over consumption of time and resources in the process is also a restraint for the market growth
- Presence or availability of alternative technique and technologies is also acting as a restraint to the market growth
SEGMENTATION: GLOBAL ELECTROPHORESIS REAGENTS MARKET
- By Product
- Gels
- Agarose Gels
- Starch Gels
- Polyacrylamide Gels
- Dyes
- Ethidium Bromide (ETBR) Dyes
- Sybr Dyes
- Bromophenol Dyes
- Other Dyes
- Buffers
- Tris-Acetate-EDTA (TAE)
- Tris-Borate-EDTA (TBE)
- Others
- Others
- By Technique
- Gel Electrophoresis
- Capillary Electrophoresis
- By Application
- Protein Analysis
- DNA & RNA Analysis
- By End-User
- Research Institutions
- Pharmaceutical & Biotechnology Companies
- Hospitals & Clinics
- Diagnostic Laboratories
- Others
Key Developments in the Market:
- In May 2017, Thermo Fisher Scientific announced the launch of a new capillary electrophoresis (CE) system, which is designed for offering low-throughput, and cartridge-based system. It is designed for the usage in research, and diagnostic systems.
- In February 2017, Hitachi High-Technologies Corporation in collaboration with Promega Corporation for the development of compact capillary electrophoresis (CE) sequencer.
Competitive Analysis: Global Electrophoresis Reagents Market
Global Electrophoresis Reagents Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of electrophoresis reagents market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
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