Capillary Electrophoresis Market Trends

  • Report ID: 5146
  • Published Date: Aug 02, 2024
  • Report Format: PDF, PPT

Capillary Electrophoresis Market Trends

Growth Drivers

  • Growing Incidence of Infectious Diseases – It is expected that infectious disease incidence is on the rise as a result of shifting weather patterns and mass population movements, which is anticipated to drive market growth.
    Moreover, owing to its advantages of high efficiency, high throughput, and high speed, capillary electrophoresis (CE) has become a potent technology for the rapid diagnosis of human infectious diseases, which would be essential for the timely treatment and prevention.
  • Growing Demand for Personalized Medicine- Rising scientific advancements and increased public awareness of the use of personalized medicine therapy, have significantly driven market growth.
    Biomarkers are essential tools for drug development, screening, and tailoring treatment for individual patients. These diagnostic biomarkers for diseases are discovered using capillary electrophoresis-mass spectrometry from the body's tissues.

Challenges

  • Dearth of Required Capital – Owing to the need for highly developed laboratories many small and medium enterprises and academic research groups especially those in developing nations are unable to invest in capillary electrophoresis systems. This may restrict their access to technology and hamper the market growth.
  • Lack of Skilled Professionals
  • Limitations of Salary at Academic Institutions

Capillary Electrophoresis Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

5.8%

Base Year Market Size (2023)

USD 1.06 Billion

Forecast Year Market Size (2036)

USD 2.2 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 5146
  • Published Date: Aug 02, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of capillary electrophoresis is estimated at USD 1.12 Billion.

The 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. Rising prevalence of cancer across the globe and the rising demand in biotechnology are the major factors driving the growth of the market.

North America is predicted to account for the largest industry share of 35% by 2036, impelled by growing spending in research & development.

Thermo Fisher Scientific Inc., QIAGEN, Advanced Electrophoresis Solutions Ltd., Agilent Technologies, Inc., Bio-Rad Laboratories, Inc., Danaher, Bio-Techne, PerkinElmer Inc., Merck KGaA, Promega Corporation, Helena Laboratories, BiOptic Inc., LABGENE Scientific SA
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