Asia Pacific To Register Highest Growth in Electrophoresis Equipment and Supplies Market During Forecast Period
Growing demand for
innovative therapies and drugs to drive the growth of global electrophoresis
equipment and supplies market during forecast period
According to
TechSci Research report, “Global Electrophoresis
Equipment and Supplies Market By Product, By Application, By Region,
Competition, Forecast & Opportunities, 2024”, the global electrophoresis equipment and supplies market
is projected to observe steady growth through 2024 on the account of increasing
research activities coupled with funding in the fields of proteomics and
genomics, surging number of industry-academic research institutes
collaborations, and growing focus on next-generation sequencing (NGS) research
activities. Moreover, need to curb healthcare expenditure and changing
regulatory requirements in the healthcare sector, is anticipated to positively
influence the growth of electrophoresis equipment and supplies market across
the globe over the coming years. However, existence of alternative technologies
to electrophoresis that provide better efficiency and outcome might act as a
major challenge for the industry and might act as a restraint to the market growth.
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The global electrophoresis
equipment and supplies market is segmented based on product, application,
region and company. Based on region, North America is estimated to dominate the
global electrophoresis equipment and supplies market during the forecast period
which can be attributed to the factors such as presence of key market players,
technological advancements and rising research and development activities in
the region. Also, the Asia-Pacific region is projected to be the
fastest-growing region in the upcoming years. This growth in APAC region is
attributable to the presence of improved healthcare infrastructure coupled with
increasing investments in research facilities in drug & therapy discovery.
In addition to this, surging number of academic & research institutes along
with pharmaceutical & biotechnology industries in emerging countries such
as India, China, Japan, and Australia are anticipated to bolster the demand for
electrophoresis equipment & supplies over the forecast period.
Agilent Technologies, Thermo
Fisher Scientific Inc., Bio-Rad Laboratories Inc., General Electric Company,
Hoefer Inc., Beckman Coulter Inc., Lonza Group Ltd., SERVA Electrophoresis
GmbH, C.B.S Scientific Company Inc. and others are some of the leading players
operating in global electrophoresis equipment and supplies market.
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“In terms of
application, the global electrophoresis equipment and supplies market is
fragmented into research & diagnostics, quality control & process
validation, microbial detection and hemoglobin. Among them, the quality control
& process validation segment is estimated to register the highest growth
during the next 5 years. Increasing applications of electrophoresis in quality
control and analysis of drug content in pharmaceutical formulations is
anticipated to boost the growth of global electrophoresis equipment and
supplies market through 2024.” said Mr. Karan Chechi, Research Director with TechSci
Research, a research based global management consulting firm.
“Global Electrophoresis Equipment and Supplies
Market By Product, By Application, By Region, Competition, Forecast &
Opportunities, 2024” has evaluated
the future growth potential of global electrophoresis equipment and supplies
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 electrophoresis
equipment and supplies market.
Contact
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