The global gel documentation systems market is expected to grow at a CAGR of 3.6% over the forecast period from 2018 to 2023, according to a new report published by Market Research Future (MRFR). The global gel documentation systems market was valued at USD 245 million in 2017 and is expected to be driven by the growing government support to research into genomics and proteomics and the increasing prevalence of genetic diseases. The report presents a detailed breakdown of the global gel documentation systems market’s historical growth, elaborating upon the market’s key drivers and restraints. Furthermore, the report presents a solid analysis of the market’s likely growth prospects over the forecast period and the factors affecting the market’s growth over the forecast period.
Gel documentation systems are used in molecular biology to measure nucleic acids and proteins in media such as cellulose, agarose, and acrylamide. Medical processes making use of gel documentation systems include protein quantification, gel and blot imaging, antibody binding affinities for both monoclonal and polyclonal antibodies, 2D electrophoresis, immunoassay, and nucleic acid quantification. The growing demand for advanced proteomics and genomics research is likely to be a major driver for the global gel documentation systems market over the forecast period, as genomics research has led to solutions for several persistent concerns in the healthcare sector over the last few years and is likely to remain a key tool in the bag for advancing the field of medical research and treatment.
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The increasing prevalence of genetic disorders is likely to be a major driver for the global gel documentation systems market over the forecast period. The increasing awareness about genetic disorders around the world has led to growth in the funding for research efforts aimed at discovering effective cures for genetic disorders. This is likely to remain a major driver for the global gel documentation systems market over the forecast period, as gel documentation systems play a crucial role in the research processes for formulating cures for genetic diseases.
Segmentation:
The global gel documentation systems market is segmented on the basis of product, detection technique, application, end user, and region.
The global gel documentation systems market is segmented by product into instruments, accessories, and software. The instruments segment is likely to dominate the global gel documentation systems market over the forecast period due to the increasing use of gel documentation instruments in biomedical research. The instruments segment is further subdivided into digital and film gel documentation instruments.
By detection technique, the global gel documentation systems market is segmented into ultraviolet, fluorescence, and chemiluminescence.
By application, the global gel documentation systems market is segmented into protein quantification, nucleic acid quantification, and others.
By end use, the global gel documentation systems market is segmented into pharmaceutical and biotechnology companies, diagnostic laboratories, academic institutes and research centers, and others.
Regional Analysis:
The global gel documentation systems market is segmented by region into the Americas, Europe, Asia Pacific, and the Middle East and Africa. The Americas dominates the global gel documentation systems market and is likely to retain a dominant share in the market over the forecast period due to the leading role played by the U.S. in global medical research and the strong presence of several leading gel documentation system manufacturers in the region. The high budget allocations for research in the healthcare sector by the government as well as private entities are likely to drive the gel documentation systems market over the forecast period, as genomics and proteomics research is likely to comprise a major part of the overall biomedical research field over the forecast period.
Europe is also a leading regional market for gel documentation systems and is likely to remain a major regional market over the forecast period due to the strong presence of leading biomedical research institutions in the region. Strong government support to medical research is likely to be a major driver for the gel documentation systems market in the region over the forecast period.
Competitive Analysis:
Leading players in the global gel documentation systems market include Bio-Rad Laboratories Inc., Endress + Hauser Management AG, Thermo Fisher Scientific, Vilber Lourmat, Cleaver Scientific, Azure Biosystems, Scientific Digital Imaging plc, LI-COR Biosciences, GE Healthcare, and Bio-Techne.
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