Capillary Electrophoresis Market Size

Capillary Electrophoresis Market size was valued at USD 1.06 Billion in 2023 and is anticipated to cross USD 2.2 Billion by the end of 2036, registering more than 5.8% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of capillary electrophoresis is estimated at USD 1.12 Billion. The reason behind the growth is impelled by the rising prevalence of cancer across the globe. Lately, cancer is the third biggest cause of mortality, and the risk factors for cancer include tobacco use, alcohol use, poor diet, inactivity, and air pollution. This has significantly driven market growth.

Capillary electrophoresis -based nucleic acid detection is applied to diagnose cancer and is also used in DNA analysis to identify variations in rectal cancer. According to estimates, more than 27 million new instances of cancer and more than 16 million cancer-related deaths are anticipated to raise the worldwide burden of cancer by 2040.  

The rising demand in biotechnology are believed to fuel the market growth. Capillary electrophoresis (CE) is a flexible micro/microanalytical technique that has established itself as the main application platform in the field of biotechnology for the separation of DNA and chromosomes to facilitate advancements in genomics and molecular biology.