Global Electrophoresis Equipment and Supplies Market to Reach US$2.4 Billion by 2030
The global market for Electrophoresis Equipment and Supplies estimated at US$2.0 Billion in the year 2023, is expected to reach US$2.4 Billion by 2030, growing at a CAGR of 3.0% over the analysis period 2023-2030. Gel Electrophoresis Systems, one of the segments analyzed in the report, is expected to record a 2.8% CAGR and reach US$1.2 Billion by the end of the analysis period. Growth in the Capillary Electrophoresis Systems segment is estimated at 3.5% CAGR over the analysis period.
The U.S. Market is Estimated at US$520.7 Million While China is Forecast to Grow at 3.0% CAGR
The Electrophoresis Equipment and Supplies market in the U.S. is estimated at US$520.7 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$390.9 Million by the year 2030 trailing a CAGR of 3.0% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 2.8% and 2.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR.
Global Electrophoresis Equipment and Supplies Market - Key Trends and Drivers Summarized
Electrophoresis is a fundamental method used in molecular biology, biochemistry, and genetics for the separation of DNA, RNA, and proteins based on their size and charge. As a critical tool in both research and clinical diagnostics, the demand for electrophoresis equipment and supplies is influenced by several key growth drivers and shaped by emerging trends in the scientific community and healthcare industries. The expanding field of genomic and proteomic research is a significant driver for electrophoresis equipment. As scientists continue to delve deeper into genetic analysis and protein sequencing, there is a growing need for advanced electrophoresis technologies that can provide precise, reliable, and reproducible results.
The market for electrophoresis equipment and supplies is on a trajectory of sustained growth, driven by continuous research in genomics and proteomics, alongside escalating healthcare and research funding. Technological advancements in electrophoresis equipment, such as automated systems and high-throughput capabilities, are making the process faster, more efficient, and less labor-intensive. Capillary electrophoresis (CE) is gaining popularity due to its efficiency, speed, and the small sample and reagent volumes it requires. CE`s ability to provide high-resolution separation and its compatibility with automation make it a preferred choice for many high-throughput laboratories.
Key drivers for the growth of electrophoresis equipment and supplies include not only increased research funding and rising prevalence of genetic disorders and chronic diseases but also regulatory requirements in pharmaceuticals and food industries. Moreover, the integration of electrophoresis with digital imaging and analysis technologies enhances visualization and data interpretation, fostering advancements in molecular biology research. As sustainability and cost efficiency gain prominence, innovations aim to reduce waste and resource consumption without compromising the quality and accuracy of separations, ensuring electrophoresis continues to evolve in alignment with broader trends in scientific inquiry and environmental responsibility.
Select Competitors (Total 56 Featured) -Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook