The global Growing application areas and increasing clinical research expenditure to drive the gel documentation market is projected to reach $ 275 million by 2030, growing at a CAGR of 3.3%
Gel imaging also refers to as the gel documentation is used to record and label nucleic acid testing and protein in different types of media including acrylamide or cellulose, and agarose. Gel documentation has several applications including colony counting, multiplex protein detection, post-translational modification characterization, and monoclonal & polyclonal antibody binding affinities among others. The global market for gel documentation systems is majorly driven by factors such as increasing use of molecular biology techniques in pathology testing laboratories, and rapid growth in clinical research applications along with advanced technologies such as western blot technique and DNA diagnostics. Besides, features such as signal saturation and automated handling provide user-friendly experience of gel documentation in terms of functionality, reliability, and affordability to new operators. This further increases the demand for gel documentation systems in the global market. Furthermore, swift development of the drug industry has forced the key players to focus on the approval of the gel documentation systems due to the increase in R&D activities and new product launch by pharma companies. Hence, this will bolster the demand for the global gel documentation system. In addition, increasing count of clinical laboratories, research institutes, medical and academic institutions along with diagnostic centers and growing pharma biotech companies are likely to boost the demand for gel documentation systems. However, high costs associated with modern gel documentation technologies and presence of less-skilled professionals are likely to hamper the growth of the industry worldwide.
Academic and research institutes segment is likely to lead the global market
Factors such as increasing research activities in proteomics, genomics, and electrophoresis techniques in terms of rapid demand in protein labeling and gene therapy mainly contributes to the growth of the academic and research institutes segment across the globe.
North America is expected to dominate the global market
Geographically, the global gel documentation market is classified into North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa. Among these regions, North America is likely to hold the largest revenue share in the global market due to the increasing rate of research and development activities along with rapid and ready adoption of advanced technologies. In addition, rising demand for protein and nucleic acid labeling further contributes to the growth of the market in North America.
The Asia Pacific is likely to register a big CAGR owing to the increasing rate of infectious disease and the rising count of diagnostic centers, thus fueling the significant growth of the market in this region.
Key Market Players
• Thermo Fisher Scientific, Inc.
• Bio-Rad Laboratories, Inc.
• GE Healthcare
• Scientific Digital Imaging Plc.
• Merck KGaA
• TBG Biotechnology Corp
• Eikonix Ltd
• UVP LLC
• Biocompare, Inc.
gel documentation market Scope
Metrics | Details |
Base Year | 2023 |
Historic Data | 2018-2022 |
Forecast Period | 2024-2030 |
Study Period | 2018-2030 |
Forecast Unit | Value (USD) |
Revenue forecast in 2030 | $ 275 million |
Growth Rate | CAGR of 3.3% during 2020-2030 |
Segment Covered | by Product, by Detection Technique, By Application, By End User, Region. |
Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
Key Players Profiled | Bio-Rad Laboratories, Inc., Bio-Techne, Endress + Hauser Management AG, GE Healthcare, Thermo Fisher Scientific, LI-COR Biosciences, Vilber Lourmat, Scientific Digital Imagin |
Key Segment Of The gel documentation market
By Product (USD Million)
• Instruments
• Accessories
• Software’s
By Detection Technique, (USD Million)
• Ultraviolet
• Fluorescence
• Chemiluminescence
By Application, (USD Million)
• Protein Quantification
• Others
Regional Overview, (USD Million)
North America
• US
• Canada
Europe
• Germany
• France
• UK
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• Rest of Asia Pacific
South America
• Mexico
• Brazil
• Rest of South America
Middle East and South Africa