Electrophoresis Reagents Market - Global Forecast to 2020 - New Market Study Published

From: Fast Market Research, Inc.
Published: Tue Mar 01 2016

Electrophoresis Reagents Market by Product (Dyes (EtBr & SYBR) Gels (Polyacrylamide, Starch, & Agarose) Buffer (TBE & TAE)) by Application (Protein Analysis, DNA & RNA Analysis) by Technique (Gel & Capillary Electrophoresis) - Global Forecast to 2020

The global electrophoresis reagents market is expected to grow at a CAGR of 5.4% during the forecast period of 2015-2020 and is estimated to be worth 1.05 billion by 2020. The market is mainly driven by the increasing research activities in the life sciences, pharmaceutical, and biotechnology industries; technological advancements; rapidly increasing geriatric population; and increasing funding for genomics and proteomics research. However, time-consuming operations, limited sample analysis through gel electrophoresis, and presence of alternative technologies offering better efficiencies and results are restraining the growth of this market to a certain extent.

Full Report Details at
- http://www.fastmr.com/prod/1123527_electrophoresis_reagents.aspx?afid=301

In this report, the global electrophoresis reagents market is segmented by product, technique, application, end user, and region. On the basis of product, the electrophoresis reagents market is mainly classified into dyes, gels, buffers, and other reagents. The electrophoresis reagents market, by end user, covers academic & research institutions, pharmaceutical & biotechnology companies, and hospital & diagnostic centers. By application, the electrophoresis reagents market is subdivided into protein analysis and DNA & RNA analysis. By technique, this market is segmented into gel electrophoresis and capillary electrophoresis.

The gels segment will continue to dominate the electrophoresis reagents market by 2020, as gels are used in the electrophoresis technique and have no alternatives as compared to dyes and buffers. However, the electrophoresis dyes segment is poised to grow at a higher CAGR during the forecast period. The high growth in this segment can be attributed to increasing investments and efforts by market players to find safer and highly sensitive alternative dyes for electrophoresis analysis.

Geographically, North America accounts for the largest share of the global electrophoresis reagents market in 2014, followed by Europe, Asia-Pacific, and RoW. Developed geographies like North America and Europe are likely to grow at a lower CAGR as compared to the Asia-Pacific market. The Asia-Pacific region is expected to record the fastest market growth during the forecast period, largely driven by the increasing research funding from government and private investors, increasing number of research laboratories, and growing pharmaceutical and technology companies.

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