NEW YORK, March 31, 2016 /PRNewswire/ -- This BCC Research study encompasses major technologies of electrophoresis and the various product segments for each technology. It presents the industry competitiveness for electrophoresis, technological descriptions and issues, applications, market factors, market potential, and revenue forecast projections from 2015 through 2020.
Use this report to:
Determine the current status of the electrophoresis industry and assess its growth potential from 2014 to 2020.
Understand the current market scenario for both gel electrophoresis (GE) and capillary electrophoresis (CE) technologies.
Assess the growth and market potential for agarose and polyacrylamide gel electrophoresis techniques.
Analyze the electrophoresis industry from end-users' perspectives in various industrial applications.
The global electrophoresis market grew to $1.6 billion in 2015 from $1.5 billion in 2014. The market is expected to grow at a five-year compound annual growth rate (CAGR) of 6.5% from 2015 to 2020, reaching nearly $2.3 billion by 2020.
Gel electrophoresis as a segment is expected to grow from $1.0 billion in 2015 to $1.3 billion in 2020 at a CAGR of 5.5% for the period 2015-2020.
Capillary electrophoresis as a segment is expected to grow from $647.4 million in 2015 to $951.2 million in 2020 at a CAGR of 8.0% for the period 2015-2020.
STUDY GOALS AND OBJECTIVES
This report is an update of an earlier (2008) BCC Research report on the worldwide electrophoresis industry. This report will determine the current status of the electrophoresis industry and assess its growth potential through 2020. Specific objectives of the report include developing an understanding of the current market scenario for both gel electrophoresis (GE) and capillary electrophoresis (CE) technologies. This report also assesses the growth and market potential for agarose and polyacrylamide gel electrophoresis techniques. As nucleic acid and protein separation are the two major applications, their market potential has also been examined. The market has been segmented into instrumentation, aftermarket supplies and services; we were interested in monitoring trends in each of these segments. In addition, this report analyzes the electrophoresis industry from end-users' perspectives.
REASONS FOR DOING THIS STUDY
Electrophoresis has been the method of choice for several decades to physically separate macromolecules such as nucleic acid fragments, RNA (ribonucleic acid) and proteins according to their charge and molecular size. GE and CE technology segments represent widely implemented and powerful analytical separation methods. GE
separates macromolecules using a gel-like matrix and has extended the range of geometries available to researchers. GE can be performed both in one-dimensional (1D) and two-dimensional (2D) modes. CE deploys a liquid separation technique using narrow bore, fused, silica capillaries to fractionate molecules. The growing concept of microfluidics is revitalizing CE technology, as the latter is very amenable to microfabrication techniques. BCC Research was interested in examining the impact of lab-on-a-chip electrophoresis on the overall CE technology segment.
Although electrophoresis is a standardized technique, there have been considerable technology advances because of its ever-expanding research applications. Hence, we were interested in monitoring the current state of the industry and the related technology trends. Among the major GE techniques, the polyacrylamide gel (2D PAGE) technique has received immense attention, fueled by the growing field of proteomics.
2D PAGE has a high resolving power to separate posttranslational protein entities. There have been significant technology developments in different product segments such as informatics and gel imaging. BCC Research was particularly interested in investigating PAGE techniques for protein electrophoresis.
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