Capillary Electrophoresis Market to be dominated by Growing Occurrences of different types of Cancers through 2027
Growing prevalence of
cancer, genetic disorders and infectious diseases and rising R&D activities
to drive the capillary electrophoresis market in the forecast period,
2023-2027.
According to TechSci Research report, “Capillary
Electrophoresis Market - Global Industry Size, Share, Trends, Opportunity,
and Forecast, 2017-2027”, the global capillary electrophoresis market is anticipated
to grow at a significant rate in the forecast period, 2023-2027. The rising
demand for innovative therapies and drugs, growing occurrences of chronic
diseases, cancers, genetic disorder, and infectious diseases and extensive
research and development are the primary factors driving the demand for the global
capillary electrophoresis market. Growing technological advancements, the rising
research projects, increasing demand for personalized medicine, increasing
healthcare expenditure, and heavy investments in healthcare sector are expected
to influence the market demand. Also, the growing number of mergers and
strategic acquisitions is also a key factor for increasing the growth of the capillary
electrophoresis market, globally.
However, the fluctuating technology prices, stringent government
regulations associated with electrophoresis reagents, limited sample analysis, and
time-consuming operations may
hamper the growth of the global capillary electrophoresis market.
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data Figures spread through 110 Pages and an in-depth TOC on "Capillary Electrophoresis Market"
The global capillary
electrophoresis market is segmented into component, mode application, end user
and company.
Based on component, the
market is divided into instruments, consumables, and software. The consumables segment
is expected to hold the largest market share. This is due to the rising
incidences of cancer, chronic diseases and other life related diseases, hike in
elderly population, increasing demand for personalized medicines, and the
rising healthcare expenditure.
Based on mode, the market is
divided into capillary zone electrophoresis, capillary electro chromatography,
and others. The capillary electro chromatography segment is expected to hold
the largest market share. This is because of rising technological advancements
and rise in R&D activities.
Based on application, the market is
divided into nucleic acid analysis and protein analysis. Based on nucleic acid
analysis, the market is further segmented into DNA fragment analysis and
RNA/mRNA analysis. The nucleic acid analysis segment is expected to witness largest
market share. This is attributed to rising incidences of various genetic diseases
across the globe, and demand for precision medicine.
Based on end user, the
market is divided into biotechnology & pharmaceutical companies, clinical
laboratories, academic & research institutions, and others. The academic & research institutions segment is anticipated to
grow during the forecast period. This is attributed to increasing research
funding for genomics and proteomics research, growing number of
industry-academia collaborations, and strong scientific and technological
knowledge available with academic research laboratories.
Major operating companies
operating in global capillary electrophoresis market are:
- QIAGEN NV
- Thermo Fischer Scientific, Inc.
- Agilent Technologies, Inc.
- Bio-Rad Laboratories, Inc.
- Danaher Corporation
- PerkinElmer, Inc.
- Merck KGaA
- Promega Corporation
- Shimadzu Corporation
- LABGENE Scientific SA
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“North America region dominates the
market in 2021 and is expected to maintain its dominance in the coming years
due to heavy investments in R&D, and the increasing research projects. The presence
of prominent biotherapeutics companies, rising awareness of personalized
therapeutics, availability of advanced healthcare infrastructure, and increasing
development of innovative healthcare facilities in the region is another key
factor. Also, owing to acquisitions and
partnerships by companies, and funding
to encourage new exploration in genomic and drug discovery in
the region are expected to propel the global capillary electrophoresis market
growth till 2027” said Mr. Karan Chechi, Research Director with TechSci
Research, a research based global management consulting firm.
“Capillary
Electrophoresis Market - Global Industry Size, Share, Trends, Opportunity, and
Forecast, 2017-2027 Segmented By Component (Instruments, Consumables, Software),
By Mode (Capillary Zone Electrophoresis, Capillary Electro Chromatography,
Others), By Application (Nucleic Acid Analysis v/s Protein Analysis), By End
User (Biotechnology & Pharmaceutical Companies, Clinical Laboratories,
Academic & Research Institutions, Others), By Company and By Region”, has evaluated the future growth
potential of global capillary electrophoresis market and provides statistics
& information on market size, structure, and future market growth. The
report intends to provide cutting-edge market intelligence and help decision
makers take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in global capillary electrophoresis market.
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