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What Is the Forecast for the Electrophoresis Market from 2024 to 2025?
The market size of electrophoresis has witnessed solid expansion in the recent past. A rise from $3.07 billion in 2024 to $3.25 billion in 2025, mirroring a compound annual growth rate (CAGR) of 5.8%, is predicted. The previous growth can be associated with an increase in genetic disorders, progression in drug discovery and development, the significance of protein analysis in proteomics research, greater applications in clinical diagnostics, and advancements in the field of molecular biology.
What Is the Projected Market Size of the Electrophoresis Market?
Robust expansion is predicted in the electrophoresis market over the succeeding years. The market valuation is projected to touch $4.44 billion by 2029, yielding a compound annual growth rate (CAGR) of 8.2%. The forecasted growth is linked to the transition towards capillary electrophoresis, the demand for high-output analysis, the expansion of food and beverage testing, applications in diagnosing infectious diseases, and advances in microfluidic electrophoresis. Dominant trends anticipated during this period are the emergence of next-generation sequencing (NGS) and omics technologies, the implementation of artificial intelligence (AI) in data interpretation, customization and personalization of electrophoresis systems, market growth in budding economies, as well as strategic union and acquisitions.
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Who are the Major Competitors in the Electrophoresis Market Outlook?
Major companies operating in the electrophoresis market are Bio-Rad Laboratories Inc., Thermo Fisher Scientific Inc., Danaher Corporation, Agilent Technologies Inc., Merck Group, PerkinElmer Inc., QIAGEN N.V., Lonza Group Limited, Shimadzu Corporation, Harvard Bioscience Inc., C.B.S. Scientific Company Inc., Takara Bio Inc., Sebia Group, Analytik Jena AG, Biochrom Ltd., Biometra GmbH, Cleaver Scientific Ltd., Helena Laboratories Corporation, Hoefer Inc., Labnet International Inc., Major Science Co. Ltd., Prona Technologies Inc., Alfa Wassermann Inc., Eppendorf SE, Promega Corporation, Corning Inc., LI-COR Biosciences
What Is Fueling Growth in the Electrophoresis Market?
The electrophoresis market is projected to grow due to the increasing prevalence of cancer, infectious diseases, and genetic disorders. Diseases with the potential for causing pandemics continue to evolve and spread, with examples including plague, cholera, flu, and severe acute respiratory syndrome. Additionally, there is not one single cause of cancer, but rather it is influenced by several factors such as diabetes and heart disease. Electrophoresis is used in the detection and separation of DNA, RNA, or protein molecules to determine the concentration of an antibiotic, thus enhancing dosage accuracy. For instance, statistics from Macmillan Cancer Support, a cancer charity in the UK, in June 2022 showed that the number of people living with cancer reached 3 million in 2022. This figure is anticipated to increase to nearly 3.5 million by 2025 and 4 million by 2030 in the UK. Consequently, the escalating prevalence of cancer and infectious diseases is expected to contribute to the expansion of the electrophoresis market.
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Which Electrophoresis Market Segments Are Growing the Fastest?
The electrophoresis market covered in this report is segmented –
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
Subsegments:
1) By Electrophoresis Reagents: Gel Staining Solutions, Running Buffers, Sample Preparation Reagents
2) By Electrophoresis Systems: Horizontal Electrophoresis Systems, Vertical Electrophoresis Systems, Capillary Electrophoresis Systems
3) By Gel Documentation Systems: UV Transilluminators, Gel Imaging Systems, Software For Gel Analysis
4) By Electrophoresis Software, Data Analysis Software, Gel Image Analysis Software, Electrophoresis Experiment Management Software
Which Industry Trends Are Shaping the Future of the Electrophoresis Market?
The surge of technological progression is currently a significant trend garnering attention in the electrophoresis market. Prominent corporations in this sector are integrating innovative technological applications to maintain their standing. To elucidate, miniPCR bio – a life science company in the US – launched the GELATO electrophoresis system, which allows speedy DNA analysis, in May 2023. This system synergizes gel electrophoresis with transillumination technology, thereby facilitating the conduction and visualization of nucleic acid separation within an efficient, small-scale design.
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Which Countries Are Leading the Electrophoresis Market?
North America was the largest region in the electrophoresis market in 2024. The regions covered in the electrophoresis market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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This Report Delivers Insight On:
1. How big is the electrophoresis market, and how is it changing globally?
2. Who are the major companies in the electrophoresis market, and how are they performing?
3. What are the key opportunities and risks in the electrophoresis market right now?
4. Which products or customer segments are growing the most in the electrophoresis market?
5. What factors are helping or slowing down the growth of the electrophoresis market?
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