Gels Segment Accounted for the Largest Share of the Global Electrophoresis Reagents Market in the Forecasted Period 2016 – 2022

Dallas, TX, May 04, 2016 --(PR.com)-- Electrophoresis is a widely used separation technique for biomolecules, including nucleic acids and proteins. This technique is used in various fields, such as diagnostics, drug development, genomic & proteomic research, forensics, and quality testing. Moreover, electrophoresis is widely used as a preparative technique prior to sample analysis for a number of analytical techniques, such as mass spectrometry, DNA sequencing, PCR, cloning, and southern blotting.

The global electrophoresis reagents market is valued at an estimated USD 1.36 million in 2016 and is expected to grow at a CAGR 6.3% during the forecast period of 2016 to 2022. The growth in this market is mainly attributed to the rising incidence of infectious diseases, cancer, and genetic disorders; growing private and public investments in genomic and proteomic research; rising geriatric population; and technological advancements in the life sciences field. However, time-consuming operations, limited sample analysis through gel electrophoresis, and safety concerns over mutagenic properties of nucleic acid dyes are the major factors restraining the growth of the electrophoresis reagents market.

In this report, the electrophoresis reagents market is segmented on the basis of products, end users, techniques, applications, and region. The electrophoresis reagents market is categorized into 4 product segments - gels, dyes, buffers, and other reagents. In 2015, the gels segment accounted for the largest share of the global electrophoresis reagents market. In 2015, the polyacrylamide gels segment accounted for the largest share of the global electrophoresis gels market. In the electrophoresis dyes market, EtBr accounted for the largest share in 2015. However, the SYBR segment is expected to grow at a higher CAGR during the forecast period. The high growth in this segment is primarily attributed to the fact that SYBR offers higher safety, greater sensitivity, and lower overall cost for nucleic acid separation. Based on technique, the electrophoresis reagents market is broadly categorized into gel electrophoresis and capillary electrophoresis. In 2015, the gel electrophoresis segment accounted for the largest share of the global electrophoresis reagents market. The large share of this segment is mainly attributed to its low cost and wide applications in several areas, including enzyme mapping, gene screening for mutations, disease screening (DNA profiles of infectious diseases), and transformation & bacterial cloning.

In this report, the electrophoresis reagents market is broadly categorized into four major end-user segments - academic & research institutions, pharmaceutical & biotechnology companies, hospitals & diagnostic laboratories, and other end users. In 2015, the academic & research institutions segment accounted for the largest share of the global electrophoresis reagents market. The large share of this segment is mainly attributed to the high amount of basic research conducted in academic and research institutions. However, the pharmaceutical and biotechnology companies segment is expected to grow at a higher CAGR during the forecast period. The growth in this segment is primarily attributed to the rapid growth in the pharmaceutical and biotechnology industries in the Asia-Pacific region and rising focus on biomarker discovery. In this report, the electrophoresis reagents market is categorized into two major application segments - protein analysis and DNA & RNA analysis. The electrophoresis reagents market is broadly segmented into five regions, namely, North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America includes 3 countries U.S., Canada, Mexico, while Europe includes Germany, France, U.K., Spain, Italy and other countries, APAC includes China, Japan, India, South Korea and Australia. North America holds the largest share in this market, the large share of this region is majorly attributed to the stringent regulatory requirements regarding pharmaceutical manufacturing in North America, growing focus on the development of structure-based drug design approach, growing academic and government investments in genomic and proteomic research, and the presence of a large number of market players in this region. However, the Asia-Pacific region is expected to grow at a higher CAGR during the forecast period, primarily due to the increasing research funding, rising demand for advanced electrophoresis techniques, and growing pharmaceutical and biotechnology industries in this region.

The global electrophoresis reagents market is moderately competitive, with a large number of global and local market players competing for higher market shares. Some of the prominent players in this market are Thermo Fisher Scientific, Sigma-Aldrich Corporation, Bio-Rad Laboratories, Inc., Lonza Group, and QIAGEN N.V.

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