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 reagents market report forecasts the electrophoresis reagents market size to grow to $1.57 Billion by 2027, with a CAGR (compound annual growth rate) of more than 5%.

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Electrophoresis Reagents Market Size Forecast
The global electrophoresis reagents market is expected to grow from $1.18 billion in 2022 to $1.25 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 reagents market size is expected to grow to $1.57 billion in 2027 at a CAGR of 5.8%.

North America held the largest electrophoresis reagents market share, and Asia-Pacific was the fastest-growing region in 2022.

Key Electrophoresis Reagents Market Driver ­– Increase In The Geriatric Population
For instance, in 2020, according to data published by the Organization for Economic Co-operation and Development, a France-based intergovernmental organization with 38 member countries, the percentage of the geriatric population in the total global population increased to 9.33%, from 9.11% in the previous year, i.e., 2019. Therefore, the rapidly growing geriatric population is driving the growth of the electrophoresis reagent market.

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Key Electrophoresis Reagents 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 Reagents Market Segment
1) By Product: Gels (Polyacrylamide, Starch, and Agarose), Buffers (TAE Buffer, TBE Buffer, and Other Buffers), Dyes (ETBR, SYBR, Bromophenol Blue, and Others), and Other Reagents
2) By Technique: Capillary Electrophoresis, Gel Electrophoresis
3) By Application: DNA and RNA Analysis, Protein Analysis
4) By End-User: Pharmaceutical and Biotechnology Companies, Hospitals and Diagnostic Laboratories, Academic and Research Institutions, Others End Users

Electrophoresis Reagents Market Major Players and Strategies
Major players in the electrophoresis reagents market are Thermo Fisher Scientific Inc., Sigma-Aldrich Corporation, Bio-Rad Laboratories Inc., Agilent Technologies Inc., Lonza Group, Takara Bio Inc., Sebia Group, Merck KGaA, BioAtlas OU, Cytiva, Promega Corporation, Helena Laboratories Corporation, Randox Laboratories Limited, and Apacor Limited.

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 to separate macromolecules in a sample.

The Electrophoresis Reagents Global Market Report 2023 covers regional data on electrophoresis reagents market size, electrophoresis reagents market trends and drivers, opportunities, strategies, and electrophoresis reagents market competitor analysis. The countries covered in the electrophoresis reagents 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 reagents refer to a substance or mixture designed to simplify electrophoretic separation and analysis of samples. It separates biological molecules, such as proteins and DNA, from cells. These electrophoresis reagents are chemical entities that facilitate the sample analysis and electrophoretic separation in the process of electrophoresis.

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