Press Release / Health and Fitness / Global Gel Documentation Systems Market 2019 Trends and Competitive Landscape Outlook -2023

Global Gel Documentation Systems Market 2019 Trends and Competitive Landscape Outlook -2023

Global Gel Documentation Systems Market held a market value of USD 245 million in 2017 and is projected to grow at a CAGR of 3.6% over the forecast period. Gel documentation system is widely used in the molecular biology laboratories for imaging and documentation of nucleic acid and protein polyacrylamide or agarose gels.

The rising government funding’s for genomic and proteomic research, increasing prevalence of infectious diseases and genetic disorders, and the on-going technological advancements in gel documentation systems are some factors that are likely to propel the market growth during the assessment period.

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According to the Centers for Disease Control and Prevention (CDC), in 2015, about 16.8 million visits to the physician’s offices were for infectious and parasitic diseases. Moreover, the increasing research and development expenditure by the government as well as private sector is expected to fuel to the market growth. Market Research Future (MRFR) announces the publication of its research report –Global Gel Documentation Systems Market, 2018-2023.

Top Players:

Some of the prominent players in the global gel documentation systems market are Bio-Techne, Endress + Hauser Management AG, GE Healthcare, Thermo Fisher Scientific, LI-COR Biosciences, Scientific Digital Imaging Plc., Cleaver Scientific, Azure Biosystems, Vilber Lourmat, and Bio-Rad Laboratories, Inc.

Currently, the global market is dominated by numerous prominent players. The key players in the market are engaged in strategic collaborations and acquisitions to strengthen their market position. For instance, in 2018, Thermo Fisher Scientific Company launched the new blue G: BOX gel documentation systems. Additionally, in February 2017, Bio-Rad laboratories, Inc. launched ChemiDoc MP Imaging System for multiplex fluorescent imaging.

On the other hand, the high cost of gel documentation systems with advanced technologies and the increasing adoption of quantitative polymerase chain reaction (QPCR) may hamper the market growth during the assessment period.

Segmentation:

The global gel documentation systems market has been segmented into product, detection techniques, application, and end user.

By product, the market has been segmented into instruments, accessories, and software. The instrument segment has been further segmented into digital gel documentation instruments and film gel documentation instruments. The instruments segment is estimated to hold major market share in the global gel documentation systems market due to the rising R&D activities in the biotechnology and pharmaceutical industries.

On the basis of detection technique, the market has been segmented into ultraviolet, chemiluminescence, and fluorescence.

On the basis of application, the global gel documentation systems market has been segmented into protein quantification, nucleic acid quantification, and others.

The global gel documentation systems market, by end user, has been segmented into pharmaceutical & biotechnology companies, academic institutes & research centers, diagnostic laboratories, and others.

Regional Analysis:

On regional basis, the Americas is anticipated to dominate the global gel documentation systems market owing to the growing clinical R&D budgets by both government as well as commercial pharmaceutical and biotechnological companies and increasing adoption of advanced technologies in the region. Europe is expected to hold the second largest position in the global gel documentation systems market owing to the presence of strong academic & research base and availability of funding for research in the European countries. The Asia-Pacific region is anticipated to be fastest growing region owing to rising government focus on biomedical and biotechnology sector and increasing number of proteomic and genomic studies in the region. The Middle East & Africa has the least share of the global gel documentation systems market. Moreover, the major market share of the region is expected to be held by the Middle East region owing to the increasing government initiatives for the healthcare sector.

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