According to the new market research report “Electrophoresis Market by Product (Gel Electrophoresis (1D & 2D Gel Electrophoresis, Agarose, PAGE), Capillary Electrophoresis (CZE, CGE, Isoelectric Focusing), Reagents, Imaging), Application (Research, Diagnostics), and End User – Global Forecast to 2025″, published by MarketsandMarkets™, the Electrophoresis Market is expected to reach USD 3.6 billion by 2025 from USD 2.7 billion in 2020, at a CAGR of 6.0% during the forecast period.
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Factors such as the rising incidence of cancer, infectious diseases, and genetic disorders; growth in funding for research on genomic, proteomic, and electrophoresis techniques; the growing number of industry-academia research collaborations; growing use of capillary electrophoresis with mass spectroscopy; the increasing use of next-generation sequencing; and rise in the number of clinical, forensic, and research laboratories are driving market growth.