The Capillary Electrophoresis Market is being driven by Increasing research and development expenditure
The Capillary Electrophoresis Market is expected to grow at a CAGR of 5.9% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 338.1 million. In the healthcare industry, the identification and analysis of protein expressions have gained significant importance due to their role in controlling various bodily functions. Defects in protein structures can lead to disorders and conditions, necessitating the development of personalized drugs for effective treatment. The oncology therapeutic area, in particular, has witnessed a surging demand for personalized medicines, with pharmaceutical companies offering incentives for cancer therapies. This shift towards personalized medicines is driven by their potential for improved patient management and accurate diagnoses. Proteomics research, a crucial aspect of personalized medicine, is experiencing increased demand due to its ability to offer sensitive and precise diagnoses, thereby contributing to the overall growth of the Capillary Electrophoresis Market.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
218 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.9% |
Market growth 2025-2029 |
USD 338.1 million |
Market structure |
fragmentation |
YoY growth 2024-2025(%) |
5.5 |
Key countries |
US, Germany, France, China, Canada, UK, Japan, Italy, Brazil, and India |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Find out which segment is leading the market by accessing the free PDF report
The Capillary Electrophoresis (CE) market encompasses various technologies such as microfluidic chips and microfabricated devices, which utilize electrokinetic injection or hydrodynamic injection for sample introduction. CE techniques include capillary array electrophoresis, two-dimensional electrophoresis, immunoaffinity electrophoresis, capillary gel electrophoresis, capillary zone electrophoresis, capillary isoelectric focusing, micellar electrokinetic chromatography, and more. These methods rely on electroosmotic flow and electrophoretic buffer or run buffer for separation. Detection and quantification limits, quality assurance, validation studies, method validation, system suitability, software applications, data management, and database integration are essential aspects of CE systems. Capillary columns, power supplies, and temperature control are key components of CE instruments.
The Capillary Electrophoresis (CE) market is a significant segment of the global life science tools and services industry, focusing on separation techniques for biomolecule analysis, including protein and DNA analysis. CE is a key analytical tool in R&D for pharmaceuticals and biotechnology, as well as laboratory diagnosis. The market's expansion is driven by the growing need for advanced analytical methods to address aging populations and increasing disease prevalence. Technavio forecasts the global life science tools and services market's growth, which encompasses manufacturers of CE equipment, supplies, and related services, to be fueled by the rising elderly population, increasing research and development in biotechnology, and the growing demand for personalized medicine.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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