The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s electrophoresis market report forecasts the electrophoresis market size to grow to v Billion by 2027, with a CAGR (compound annual growth rate) of more than 5%.

Learn More On The Electrophoresis Market Report 2023 – https://www.thebusinessresearchcompany.com/report/electrophoresis-global-market-report

Electrophoresis Market Size Forecast
The global electrophoresis market is expected to grow from $2.77 billion in 2022 to $2.93 billion in 2023 at a compound annual growth rate (CAGR) of 5.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The electrophoresis market size is expected to grow to $3.68 billion in 2027 at a CAGR of 5.8%.

North America held the largest electrophoresis market share.

Key Electrophoresis Market Driver ­– Rise In The Incidence Of Cancer, Infectious Diseases, And Genetic Disorders
For instance, in a report published by the National Cancer Institute and the United States National Cancer Program in September 2020, in the United States, an estimated 1,806,590 new cases of cancer were diagnosed, with 606,520 people dying due to cancer. Additionally, according to a worldometer, a US-based reference website that provides counters and real-time statistics for diverse topics, in 2020, the death impact due to the COVID-19 infectious virus diseased was estimated to be 6,377,327 worldwide. Therefore, the rising incidence of cancer and infectious diseases will drive the growth of the electrophoresis market.

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Key Electrophoresis Market Trend – Technological Advancement
Major companies operating in the electrophoresis market are adopting new technological solutions to sustain their position. For instance, in September 2020, a US-based miniPCR bio, a life sciences company, launched the GELATO electrophoresis system for fast DNA analysis. This GELATO combines gel electrophoresis with transillumination technology, enabling nucleic acid separation and visualization in a single, compact design.

Electrophoresis Market Segment
1) By Product: Electrophoresis Reagents, Electrophoresis Systems, Gel Documentation Systems, Electrophoresis Software
2) By Application: Research, Diagnostics, Quality Control, and Process Validation
3) By End User: Academic and Research Institutes, Pharmaceutical and Biotechnology Companies, Hospitals, Other End Users

Electrophoresis Market Major Players and Strategies
Major players in the electrophoresis market are Bio-Rad Laboratories Inc., Thermo Fisher Scientific Inc., Danaher Corporation, Agilent Technologies Inc., GE Healthcare, Merck Group, PerkinElmer Inc., Qiagen NV, Lonza Group Limited, Shimadzu Corporation, Harvard Bioscience Inc., C.B.S. Scientific Company Inc., Takara Bio Inc., Sebia Group, and Sigma-Aldrich Corporation.

In July 2021, PerkinElmer, a US-based biotechnology research company, acquired Biolegend for $5.25 billion. This acquisition is a transformative agreement for PerkinElmer to expand Life Science’s position to accelerate legendary discoveries in precision medicine. Biolegend is a US-based manufacturer of antibodies and reagents used in biomedical research.

The Electrophoresis Global Market Report 2023 covers regional data on electrophoresis market size, electrophoresis market trends and drivers, opportunities, strategies, and electrophoresis market competitor analysis. The countries covered in the electrophoresis market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The electrophoresis refers to a technique used in laboratories to separate DNA, RNA, or protein molecules based on charged particles in a fluid using a field of electrical charge. Under the electrophoresis process, an electric current is used to move the molecules through a gel or other matrix. This technique furthermore allows researchers to determine the concentration of the antibiotic, which improves dosage accuracy.

View More Reports Related To The Electrophoresis Market –
Electrophoresis Reagents Market Report 2023
Molecular Diagnostics Devices And Equipment Global Market Report 2023
Proteomics Global Market Report 2023

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