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Microchip Electrophoresis Market

Market Insights on Microchip Electrophoresis covering sales outlook, demand forecast & up-to-date key trends

Microchip Electrophoresis Market By Application (Pharmaceutical Companies, Research Organizations and Institutions, Other) & Region - Forecast 2022-2032

Microchip Electrophoresis Market Overview

Global Microchip Electrophoresis demand is anticipated to be valued at US$ 2.35 Billion in 2022, forecast to grow at a CAGR of 7.84%to be valued at US$ 5 Billion from 2022 to 2032. The increase in laboratory testing across several biomedical verticals around the world has resulted in an increase in demand for microchip electrophoresis.

Report Attribute

Details

Estimated Base Year Value (2021)

US$ 2.17 Billion

Expected Market Value (2022)

US$ 2.35 Billion

Anticipated Forecast Value (2032)

US$ 5 Billio

Projected Growth Rate (2022-2032)

7.84% CAGR

North America has been the market leader in microchip electrophoresis, but demand is increasing in developing regions such as Asia-Pacific. Microchip electrophoresis (MCE) is an analytical technique that is the result of miniaturizing capillary electrophoresis onto a planar microfabricated separation device.

Microanalytical systems, such as microchip electrophoresis, have received a lot of attention because they can analyze small amounts of sample while also lowering the cost of testing by improving the rate and throughput of chemical and biochemical analysis. Microchip electrophoresis is a high-performance separation technique that allows for rapid analytical separations of complex samples. Microchip electrophoresis has a high resolution and a large peak capacity.

Which are Some Prominent Drivers Spearheading Microchip Electrophoresis Market Growth?

Microchip electrophoresis is used in a variety of fields, including biology, chemistry, engineering, and medicine. Microchip electrophoresis operates on the same principles as Capillary Electrophoresis. The possibility of performing electrophoresis in a microchip using a direct method is very high. Furthermore, unlike chromatography, microchip electrophoresis does not require high pressure because the electrodes are driven by an electric field. The voltage used in some electrophoresis modes, such as Micelle Electrokinetic Chromatography and Capillary Zone Electrophoresis, is the primary determinant of separation efficiency.

As a result, the possibility of applying a higher electric field with a significantly shorter separation channel is high, and thus microchip electrophoresis can be performed at a faster rate. These advantages have increased the demand for microchip electrophoresis. The use of microchip electrophoresis is expanding to include DNA and RNA separation.

Microchip electrophoresis is advantageous in this case because it has short sensing times (3 minutes), avoids radioisotope labeling detection systems, has lower costs, and reduces labor intensity. The growing volume of activity in molecular diagnostics makes microchip electrophoresis an even more potent technology for application. A wide range of techniques, including liquid chromatography, gas chromatography, mass spectrometry, and electrophoresis, have been used in clinical diagnostics.

Microchip electrophoresis combines parallel gel analysis with capillary electrophoresis automation. Microchip electrophoresis is a preferred method for molecular diagnostics due to additional advantages such as low sample size and analysis time. The growing volume of activity in molecular diagnostics makes microchip electrophoresis an even more potent technology for application. A wide range of techniques, including liquid chromatography, gas chromatography, mass spectrometry, and electrophoresis, have been used in clinical diagnostics.

Microchip electrophoresis combines parallel gel analysis with capillary electrophoresis automation. Microchip electrophoresis is a preferred method for molecular diagnostics due to additional advantages such as low sample size and analysis time.

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What are the Challenges Faced by the Microchip Electrophoresis Industry?

The adsorption of analytes to the wall is a disadvantage of these microchips which may act as a major restraint the global market for microchip electrophoresis. By adjusting the electroosmotic flow, dynamic or permanent coating of CE microchips with polymers can reduce analyte–wall interactions and provide a more rapid, efficient separation (EOF).

Why is Asia-Pacific emerging as an Opportunistic Microchip Electrophoresis Market?

In Asia-Pacific, laboratory testing services have been rapidly expanding in China and Japan, boosting demand for microchip testing.

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How is North America Contributing to Growth of the Microchip Electrophoresis Market?

According to Future Market Insights, Laboratory testing services have been expanding globally, providing opportunities for growth in the microchip electrophoresis market. Increasing regulatory standards force businesses to seek testing. The laboratory testing services market in the North America, for example, is expected to exceed US$ 5 Billion by 2022. This is expected to lead to an increase in demand for microchip electrophoresis.

Market Competition

The microchip electrophoresis market has a low level of competition, with a small number of players. The high entry barrier to the microchip electrophoresis market is caused by stringent regulations and a steep technological learning curve. Shimadzu Deutschland GmbH, Agilent Technologies, Bio-Rad Laboratories, and Caliper Life Sciences are some of the leading providers of microchip electrophoresis.

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Scope of Report

Report Attribute

Details

Growth Rate

CAGR of 7.84% from 2022 to 2032

Base Year for Estimation

2021

Historical Data

2015-2020

Forecast Period

2022-2032

Quantitative Units

Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032

Report Coverage

Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis

Segments Covered

  • Application
  • Region

Regions Covered

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific
  • Japan
  • Middle East and Africa

Key Countries Profiled

  • U.S
  • Canada
  • Brazil
  • Argentina
  • Germany
  • U.K
  • France
  • Spain
  • Italy
  • Nordics
  • BENELUX
  • Australia & New Zealand
  • China
  • India
  • ASEAN
  • GCC
  • South Africa

Key Companies Profiled

  • Shimadzu Deutschland GmbH
  • Agilent Technologies
  • Bio-Rad Laboratories
  • Caliper Life Sciences

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Key Segments Profiled in the Microchip Electrophoresis Industry Survey

Application:

  • Microchip Electrophoresis for Pharmaceutical Companies
  • Microchip Electrophoresis for Research Organizations
  • Microchip Electrophoresis for Institutions
  • Microchip Electrophoresis for Other Applications

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific
  • Japan
  • Middle East & Africa

Frequently Asked Questions

FMI projects the global Microchip Electrophoresis market to expand at a 7.84% value CAGR by 2032.

Asia Pacific is expected to be the most opportunistic Microchip Electrophoresis market.

Shimadzu Deutschland GmbH, Agilent Technologies, Bio-Rad Laboratories, and Caliper Life Sciences are some prominent Microchip Electrophoresis manufacturers

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Microchip Electrophoresis Market