Mar 17, 2012

World - Global Electrophoresis Equipment and Supplies Market to Reach US$1.7 Billion by 2017



GIA announces the release of a comprehensive global report on Electrophoresis Equipment and Supplies markets. The global market for Electrophoresis Equipment and Supplies is forecast to reach US$1.7 billion by the year 2017.

Factors driving market growth include increasing attention on proteomics research; patent expiries of several drugs propelling pharma manufacturers to develop new drugs; increasing global demand for innovative drugs and therapies fuelling drug discovery research; and rise in the number of research projects involving proteins, genes, and associated biomolecules worldwide. Other growth drivers include rising popularity of capillary electrophoresis; product innovations; and increasing demand for advanced gel imaging systems.

Healthcare and biotech represent the least affected industries due to the recent global economic recession, with few of the biotech firms in fact reemerging from the recessionary woes and posting positive gains. Biotechnology instruments market, including electrophoresis equipment, is driven by the growing demand for innovative drugs and therapies, which is driving the need for drug discovery research. With several drugs losing patents in near future, drug manufacturers have intensified their efforts to discover and develop new drugs. Furthermore, following the success of the human genome project, the rise in the number of research projects involving proteins, genes, and associated biomolecules, is also contributing to the increased demand for electrophoresis instruments.

Electrophoresis is one of the most widely used technologies for separation and analysis in life science laboratories. Proteomics research, along with other research activities in various industries, continues to foster the demand for electrophoresis instruments across the world. The US represents the largest market for electrophoresis equipment and supplies worldwide, as stated by a new market research report on Electrophoresis Equipment and Supplies. However, growth is expected to emanate mainly from Asia-Pacific market, which is forecast to grow at a compounded annual growth rate of about 5.3% during the analysis period.

Among the product types, Gel Electrophoresis systems represent the largest product segment. Polyacrylamide and agarose gels are the most commonly used modes in gel electrophoresis applications. Growth in the Gel Electrophoresis segment is mainly due to its increasing usage in Genomics applications. Though Two Dimensional (2D) gel electrophoresis systems require much labor and time, the growing attention on proteomics research is spurring growth in this market. Capillary Electrophoresis Systems, on the other hand, is projected to emerge as the fastest growing product segment over the analysis period. The burgeoning popularity of capillary electrophoresis as an effective separation technique is attributed to its ability to provide high efficiency and resolution, and minimal sample and solvent requirements, complete automation, on-line detection capabilities, and ease of miniaturization. Laser induced fluorescent detection method is a potential new area for Capillary Electrophoresis.

Major players profiled in the report include Agilent Technologies, Beckman Coulter Inc., Bio-Rad Laboratories Inc., C.B.S Scientific Company Inc., Dionex Corporation, GE Healthcare, Helena Laboratories Corp., Hoefer Inc., Life Technologies Corp., Lonza Group Ltd., Owl Separation, Sebia, SERVA Electrophoresis GmbH, Thermo Fisher Scientific Inc., among others.

The research report titled "Electrophoresis Equipment and Supplies: A Global Strategic Business Report" announced by Global Industry Analysts Inc., provides a comprehensive review of the Electrophoresis Equipment and Supplies markets, impact of the recession on the market, current market trends, key growth drivers, recent product introductions, recent industry activity, and profiles of major/niche global as well as regional market participants. The report provides annual sales estimates and projections for the Electrophoresis Equipment and Supplies market for the years 2009 through 2017 for the following geographic markets - US, Canada, Japan, Europe, Asia-Pacific, the Middle East, and Latin America. Key product segments analyzed include Gel Electrophoresis Systems, Capillary Electrophoresis Systems, and Electrophoresis Gels/Reagents. Also, a six-year (2003-2008) historic analysis is provided for additional perspective.

For more details about this comprehensive market research report, please visit -
www.strategyr.com/Electrophoresis_Equipment_and_Supplies_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.



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