North American Market Forecast
North America industry is set to account for largest revenue share of 35% by 2037, impelled by the growing spending in research & development. As a result, the market for electrophoresis equipment is expanding in the United States which will further increase the adoption of electrophoresis techniques in biosciences and medical research.
The United States was by far the largest spenders followed by China, with R&D spending of more than USD 650 billion in 2022.
European Market Statistics
The Europe capillary electrophoresis market is estimated to be the second largest, during the forecast timeframe led by the increasing healthcare sector. This has led to an increase in investment in the development of advanced capillary electrophoresis instruments to provide quality treatment to patients in the region.
Author Credits: Radhika Pawar
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