Electrophoresis Reagents Market by Product, Application and End User

(IT-NEWSWIRE.COM, March 06, 2019 ) Substantial growth and rapid technological advancement was experienced by the electrophoresis market in the past few years which had had a positive impact on the overall growth of the electrophoresis reagents market. The market has witnessed new transforming and innovative applications of the electrophoresis reagents market.

The global electrophoresis reagents market is mainly driven by technological advancement; rapidly increasing geriatric population; increasing funding for genomics and proteomics research. However, time consuming operations and limited sample analysis through gel electrophoresis and presence of alternative technologies offering better efficiencies and results are restraining the growth of this market to a certain extent.

Market Size Estimation:

Both top-down and bottom-up approaches were used to estimate and validate the total size of the electrophoresis reagents market. These methods were also used extensively to estimate the size of various subsegments in the market.

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Data Triangulation:

After arriving at the overall market size-using the market size estimation processes as explained above—the market was split into several segments and subsegments. In order to complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both, the demand and supply sides.

On the basis of product, the gels segment accounted for the largest share in 2015, owing to the increasing application of gels in protein analysis and DNA & RNA analysis.

Based on application, the electrophoresis reagents market is categorized into protein analysis and DNA & RNA analysis. In 2015, the protein analysis segment accounted for the largest share of this market. The growth in this segment is primarily driven by the rising focus on proteomics research by pharmaceutical and biotechnology companies.

Based on end user, the global electrophoresis reagents market is divided into academic & research institutes, pharmaceutical & biotechnology companies, hospitals & diagnostic laboratories, and others. Academic & research institutes form the largest end-user segment in 2015.

The prominent players in the electrophoresis reagents market include Thermo Fisher Scientific (U.S.), Bio-Rad Laboratories, Inc. (U.S.), Lonza Group (Switzerland), QIAGEN N.V. (Netherlands), and Merck Millipore (U.S.), among others.

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Electrophoresis Reagents Market by Product, Application and End User