According to a recent market report published by FMI titled ‘Electrophoresis Equipment and Supplies Market: Global Industry Analysis 2013–2017 and Opportunity Assessment 2018–2027,’ the global Electrophoresis Equipment and Supplies market was valued at US$ 1,854.8 Mn in 2017, and is expected to register a CAGR of 4.5% from 2018 to 2027.

The global electrophoresis equipment and supplies market is categorised on the basis of type, application, end user and region. On the basis of type, the electrophoresis equipment and supplies market is segmented into capillary electrophoresis, gel electrophoresis and other accessories. Among the types segments, the capillary electrophoresis equipment and supplies segment is expected to grow at higher CAGR as compared to gel electrophoresis due to the increasing preference for capillary electrophoresis equipment and supplies. Increase in the number of research activities in biochemistry and medical research projects are some of the prime factors responsible for the growth of the electrophoresis equipment and supplies market at the global level. Increasing complexities in the treatment of diseases, such as cancer, genetic transmitted diseases and other health issues, is also one of the factors fuelling the growth of the electrophoresis equipment and supplies market. The application of capillary electrophoresis equipment and supplies in areas, such as microbial detection and protein analysis, is boosting the popularity of capillary electrophoresis equipment and supplies.

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The recent boom in biological research activities in different areas, such as research and academic institutes, hospitals and others, for performing DNA analysis, sequencing and other processes is boosting the demand for electrophoresis equipment and supplies globally. Moreover, rapid increase in competition among pharmaceutical and biotechnology companies is boosting the need for the deployment of efficient and automatic equipment such as electrophoresis equipment and supplies. These industry verticals are using electrophoresis equipment and supplies for drug discovery, antibody research and others considering that the applications of electrophoresis equipment and supplies are expected to increase significantly over the forecast period.