HOME Research Insight Bio-Rad Laboratories, Inc. (U.S.), GE Healthcare (U.S.), and Thermo Fisher Scientific, Inc. (U.S.) are the Leading Players in the Electrophoresis Market

Bio-Rad Laboratories, Inc. (U.S.), GE Healthcare (U.S.), and Thermo Fisher Scientific, Inc. (U.S.) are the Leading Players in the Electrophoresis Market

The global electrophoresis market is projected to reach USD 2.80 Billion by 2022 from USD 2.15 Billion in 2017, at a CAGR of 5.4%. The growing number of CROs, clinical and research laboratories, and forensic laboratories is a direct indicator of the market demand for electrophoresis systems, as they are the key stakeholders involved in utilizing electrophoresis techniques for gene-based clinical and research applications. Moreover, with the growing application areas of next-generation sequencing (NGS) technologies, the next-generation sequencing market is expected to witness significant growth in the coming years. This, in turn, is expected to drive the growth of dependent markets, such as the electrophoresis market, during the forecast period.

The global electrophoresis market is fragmented in nature with the presence of many local, regional, and global players. Bio-Rad Laboratories, Inc. (U.S.), GE Healthcare (U.S.), and Thermo Fisher Scientific, Inc. (U.S.) were the major players in this market. The companies are mainly focusing on product launches, acquisitions, and expansions to strengthen their market presence.

Bio-Rad Laboratories (U.S.) dominated the global electrophoresis market in 2016. The company offers a wide range of products in the electrophoresis market, which includes nucleic electrophoresis & blotting, protein electrophoresis & blotting, power supplies, automated electrophoresis systems, gel documentation systems, and gel imaging systems. The company is focusing on product developments with upgraded technology to meet the demand of the electrophoresis market. In May 2017, the company launched its ChemiDoc MP Digital Imaging System—a gel documentation product. The company also focuses on acquiring local and international players providing life science products to expand its business. In 2017, Bio-Rad acquired RainDance Technologies, Inc. (U.S.), a provider of a wide range of life science research and clinical research products that will extend the reach of Bio-Rad into next-generation sequencing (NGS) applications and strengthen its position in the area of Droplet Digital systems.

GE Healthcare (U.S.) develops transformational outcome-based solutions through a combination of leading medical technologies, services, and digital platforms. Major electrophoresis products provided by GE Healthcare are for protein research, DNA & RNA research, and drug discovery & development. The company provides a wide range of electrophoresis equipment including vertical & horizontal electrophoresis systems, automated electrophoresis systems, reagents, and capillary electrophoresis systems. One of the benchmark product provided by GE Healthcare is Amersham Series including electrophoresis systems and gel documentation systems. The company operates in North America, Europe, Asia-Pacific, the Middle East, Africa, and Latin America. It concentrates on continuously developing new products and expanding its customer base by increasing its geographic presence. The company is growing its presence in many geographies by acquiring local players that will aid its core segments. In 2017, GE Healthcare acquired Zenith Technologies (Ireland), a technology company delivering and manufacturing software systems and solutions for the life sciences industry.

Related Reports:

Electrophoresis Market by Product (Gel Electrophoresis (Horizontal & Vertical) (Agarose & Polyacrylamide), Capillary Electrophoresis, Reagents, Geldoc, Imaging), Application (Diagnostic, Reasearch, Quality Control), End User - Global Forecast to 2022

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