The global electrophoresis market is expected to reach 3.95 billion USD by 2031, aiming for steady growth.
The global electrophoresis market is experiencing significant growth, with revenues reaching $2.4 billion in 2022. According to the latest market analysis, the market is expected to continue on an upward trajectory, with a compound annual growth rate (CAGR) of 5.7% until 2020. The forecast period is from 2023 to 2031. Due to the increasing applications of nucleic acid and protein analysis across various industries, the market is estimated to exceed $3.95 billion by 2031.
Electrophoresis is a fundamental technique used to separate nucleic acids and proteins based on size, charge, or affinity. Widely used in molecular biology, biochemistry, and clinical diagnostics, electrophoresis plays a crucial role in the analysis of DNA and RNA, protein purification, and characterization of biomolecules.
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