Market Overview The Global Gel Electrophoresis Equipment Market is expected

0 15
Avatar for Qurban
Written by
3 years ago
Topics: Markiting

#

  • The global gel electrophoresis equipment market is growing due to several factors such as growing demand for innovative therapies and drugs coupled with increasing research projects related to genes, proteins, & certain biomolecules, increasing technological advancements in the equipment, and among others.

  • The rising demand for early diagnosis and remedial treatment of life-threatening diseases is resulting to increase in number of R&D programs aimed at the development of innovative genetic technologies as well as novel products. This has increased private and public investments as well as government funds and grants for specific disease-targeted genomic research. Increasing government funding towards genomics is one of the major factor leading to the growth of the gel electrophoresis market. Genomic researchers are increasingly opting for electrophoresis techniques due to their reliability. Genomics research is driven by government and nonprofit funding sources, augmented by private research and development (R&D) funding. For instance, the National Human Genome Research Institute (NHGRI) funds and collaborates with scientists in government, public and private institutions. The average spending on genomics research was estimated to be around $3 billion in 2010. The United States spends the most compared to other countries on genomics research, corresponding to 40% of the overall worldwide public funding. Citizens and taxpayers of several countries have funded much of the research, and have expectations about access to the resulting information and knowledge. While access to knowledge gained from all publicly funded research is desired, access is especially important for fields that have broad social impact and stimulate public dialogue. Innovate UK has up to £5 million to support capital investment in equipment that increases the UK’s capacity to produce and commercialise genomic analysis technologies. Genomics is one such field, where public concerns are raised for reasons such as health care and insurance implications, as well as personal and ancestral identification.

  • Also, in March 2017, the American Association for the Advancement of Science, has proposed FY 2016 budget for the National Science Foundation (NSF) is USD 7.7 billion. This is an increase of USD 379 million or 5.2% from the FY 2015 budget of USD 7.3 billion. Out of the total funding, USD 748 million is allotted to biological sciences, including synthesizing life-like systems, understanding the human brain, and DNA sequencing. Thus, genomics is estimated to grow rapidly as a field, and attracts considerable interest in gel electrophoresis market.

  • However, the gel electrophoresis market growth is hindered, as it a time-consuming technique and provides limited sample analysis.

Segmentation Analysis

  • On the basis of gel type, the gel electrophoresis equipment market is segmented into Polyacrylamide Gel, Agarose Gel, and others. Among these, the Polyacrylamide Gel is expected to grow ta the fastest growth rate over the forecast period. Polyacrylamide gel electrophoresis (PAGE) is a technique used to separate proteins based on their size. In polyacrylamide gel electrophoresis, an anionic detergent, sodium dodecyl sulfate (SDS) is used for binding to proteins and give a negative charge to them. After that, proteins are separated electrophoretically based on their size using a gel matrix which is made of polyacrylamide in an electric field. The polyacrylamide is produced as a result of the polymerization reaction between acrylamide and N,N'-methylene-bis-acrylamide (BIS) using a catalyst. The degree of polymerization or cross-linking can be controlled by adjusting the concentration of acrylamide and BIS. The more the cross-linking the harder the gel. Hardness of the gel, in turn, modulates the friction experienced by macromolecules when they travel through the gel during PAGE, thus affecting the resolution of separation.

  • On the basis of applications of gel electrophoresis, the market is segmented into diagnostics, research, quality control & process validation, and others. Among these, the quality control & process validation is expected to grow at the highest growth rate during the forecast period, owing to rising use of electrophoresis in quality control of pharmaceutical formulations by analyzing the drug content of pharmaceutical formulations. Also, the hemoglobin analysis is also expected to grow at a significant growth rate over the forecast period. Hemoglobin electrophoresis is one of the most accurate , precise, and regularly used technique for DNA analysis worldwide. Gel electrophoresis equipment is expected to have large opportunities as a major application in the analysis of hemoglobin.

Geographical Share

  • North America is dominating the global gel electrophoresis equipment market accounted for the largest market share in 2018, owing high presence of major pharmaceutical and biotechnology players in this region.

  • The pharmaceutical and biotechnology & companies constantly focusing on developing new drug owing to which there is a high demand for electrophoresis equipment. Also, the increasing research projects based on proteins, associated biomolecules, and genes, increasing focus on development of structure-based drug designs, stringent regulatory requirements about pharmaceutical manufacturing necessitating quality control and process validation processes, and expanding research activities in the fields of genomics and proteomics are also contributing to the growth of the market in this region.

  • United States is dominating the gel electrophoresis market in this region, owing to the rising support and funding activities by the government and non-government organizations. By supporting genomics research, various government bodies, like NHGRI (National Human Genome Research Institute), have supported the work on sequencing of the human genome, and fund research on the genome's structure, function, and role in health and disease. They also support studies on the ethical, legal, and social implications (ELSI) of genome research.

  • The US National Human Genome Research Institute and the US National Academy of Medicine organized 90 leaders in genomic medicine from the United States and 25 other countries in Genomic Medicine Symposium in 2014, in order to identify opportunities for collaborations that promote the responsible practice of genomic medicine.

Competitive Landscape

  • The global gel electrophoresis equipment market is competitive with major players competition with each other and with emerging players. Some of the major players in the market include, Thermo Fisher Scientific Inc., SERVA Electrophoresis GmbH, General Electric Company, Agilent Technologies, Bio-Rad Laboratories Inc., Hoefer Inc., Beckman Coulter Inc., Lonza Group Ltd., C.B.S Scientific Company Inc. and among others.

  • The key players are adopting various growth strategies such as product launches and collaborations which are contributing to the growth of the gel electrophoresis equipment market globally. For instance,

  • On May 29th 2019, Syngene launched a new range of robust horizontal and vertical gel electrophoresis equipment. The new units save scientists time and effort by providing an easy to use, versatile platform to run consistent quality DNA and protein gels for visualisation in Syngene’s imaging systems.

  • In September 2019, Bio-Rad Laboratories, Inc., a global leader of life science research and clinical diagnostic products, launched the Science of Opioid Dependence Kit, offering high school and undergraduate educators a simple hands-on DNA electrophoresis activity to teach complex genetics in the context of the opioid crisis.

  • In July 2018, Luna Nanotech launched a ne product, PuroGEL™ Compact Gel Electrophoresis System. It is a compact horizontal electrophoresis system for quick and simple separation and analysis of DNA and RNA on an agarose gel. The system includes the gel migration tank and a control box with integrated power supply all in a single compact unit, leaving plenty of free space on your bench.

  • In September 2016, Hamilton Nordic Ab launched a High-throughput, automated gel electrophoresis workstation for NGS library preparation and other genomics applications including Automated DNA Size Selection, DNA Analytics, and Automated Liquid Handling.

Report Scope

  • Understand the current market scenario and viability of gel electrophoresis equipment market over the forecast period.

  • Visualize the composition of the gel electrophoresis equipment market segmentation by product type, gel type, applications, and end-user highlighting the key commercial assets and players.

  • Identify commercial opportunities in gel electrophoresis equipment market by analyzing trends and co-development deals.

1
$ 0.00
Avatar for Qurban
Written by
3 years ago
Topics: Markiting

Comments