What Has Been The Evolution of the Electrophoresis Reagents Market in Recent Years?
The electrophoresis reagents market has seen considerable growth due to a variety of factors.
• Over the past years, the market size of electrophoresis reagents has seen robust growth. It is projected to expand from $1.31 billion in 2024 to $1.38 billion in 2025, with a compound annual growth rate (CAGR) of 5.7%. Factors such as a surge in demand for clinical diagnostics, emergence of novel reagents, expansion of academic and research institutes, advancements in clinical research and biomarker discovery, as well as global market growth have all contributed to this upward trend in the historical period.
How Will the Electrophoresis Reagents Market?
The Electrophoresis Reagents market is expected to maintain its strong growth trajectory in upcoming years.
• In the upcoming years, the market for electrophoresis reagents is projected to witness robust growth, reaching $1.88 billion in 2029 with a compound annual growth rate (CAGR) of 8.1%.
The projected growth during the forecast period is anticipated to be driven by the expansion of point-of-care testing, the shift to capillary electrophoresis, emphasis on eco-friendly reagent formulations, the requirement for high-throughput analysis, and advancements in microfluidic electrophoresis. Some significant trends expected in the forecast period involve technological progressions in electrophoresis strategies, the embracement of next-generation sequencing (NGS), the demand for high-throughput methods, strategic collaborations and partnerships, the incorporation of artificial intelligence (AI) in data scrutiny, and a focus on customization and compatibility.
Which Factors Are Boosting Growth In The Electrophoresis Reagents Market?
The electrophoresis reagent market is anticipated to be fueled by the quickly growing elderly population. This segment refers to those who are 60 years old and above. Hemoglobin electrophoresis, which measures hemoglobin levels and is primarily employed to identify anemia, sickle cell disease, and other hemoglobin-related conditions, is most often used within this demographic. For instance, a study released by the Pew Research Center Organization, a nonpartisan fact tank based in the United States, stated that in 2024, the senior population only made up 0.2%, but it's expected to climb by 0.5% in 2054. As such, the mounting geriatric population is driving the surge of the magnetic resonance imaging coils market.
What Key Areas Define The Segmentation Of The Global Electrophoresis Reagents Market?
The electrophoresis reagents market covered in this report is segmented –
1) By Product: Gels (Polyacrylamide, Starch, And Agarose), Buffer (TAE Buffer, TBE Buffer, And Other Buffers), Dyes (ETBR, SYBR, Bromophenol Blue And Others), 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
Subsegments:
1) By Gels: Polyacrylamide Gels, Starch Gels, Agarose Gels
2) By Buffers: TAE Buffer (Tris-Acetate-EDTA), TBE Buffer (Tris-Borate-EDTA), Other Buffers
3) By Dyes: Ethidium Bromide (ETBR), SYBR Green, Bromophenol Blue, Other Dyes
4) By Other Reagents: Sample Loading Dyes, Stabilizers, Enhancers
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How Are Emerging Trends Reshaping The Dynamics Of The Electrophoresis Reagents Market?
The introduction of innovative products is becoming a major trend in the electrophoresis reagents market. To maintain their standing in the electrophoresis market, leading businesses are focusing on developing novel products. Take for example, Kemira Oyj, a chemical industry corporation based in Finland, unveiled a biomass-balanced polyacrylamide in February 2022. This polymer, which possesses the same technical traits as its traditional equivalent and is water-soluble, shows potential for use in the high-demand energy sector, water treatment industry, paper applications and other water-intensive sectors.
Who Are the Key Players In The Electrophoresis Reagents Market?
Major companies operating in the electrophoresis reagents market include:
• Thermo Fisher Scientific Inc.
• Sigma-Aldrich Corporation
• Bio-Rad Laboratories Inc.
• Agilent Technologies Inc.
• Lonza Group Ltd.
• Takara Bio Inc.
• Sebia Group
• The Merck Group
• Cytiva
• Promega Corporation
• Helena Laboratories Corporation
• Randox Laboratories Limited
• Qiagen NV
• Hoefer Inc.
• VWR International GmbH
• anamed Elektrophorese GmbH
• Alfa Aesar
• GenScript Corp.
• Zymo Research Corp.
• Omega Bio-tek Inc.
• Norgen Biotek Corp.
• Eurofins Genomics LLC
What Is The Most Dominant Region In The Electrophoresis Reagents Market?
North America was the largest region in the electrophoresis reagents market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the electrophoresis reagents market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
