Market Overview:
The global capillary electrophoresis market is experiencing significant growth in recent years owing to the rising applications in biochemistry, pharmaceuticals, and forensics. Capillary electrophoresis is a high-resolution and fast method for the analysis of small molecules, DNA, and proteins. It plays a significant role in the drug discovery and manufacturing processes and also has the potential to grow further, due to new developments that can provide highly sensitive and better analysis. Furthermore, it plays an important role in DNA analysis for genetic testing, forensic applications, and also in drug development. It can also be used for DNA sequencing, fragment analysis, and genotyping, further, it enables the researchers to study genetic variations for the development of personalized medicines.
Market Size Growth Rate:
According to the DataM market research report, the global capillary electrophoresis market size is valued at USD 308.6 million in 2022, it is expected to reach USD 455.6 million by 2030, with growth at a CAGR of 5.1% over the forecast period 2023-2030. North America is estimated to contribute 39.9% to the growth of the global market over the forecast period.
The global capillary electrophoresis market is driven by factors such as the high prevalence of genetic disorders, cancers, and infectious diseases, advancements in capillary electrophoresis technologies, increasing applications in drug developments and personalized medicine, rising funding and investments, and increasing adoption of next-generation sequencing for various research activities. On the other hand, the high cost of advanced capillary electrophoresis instruments, the complexity and lack of expertise, and the limited sample analysis are the major factors expected to hamper the market growth.
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Market Drivers:
The increasing applications in drug developments and personalized medicine is a major factor expected to drive the global demand for capillary electrophoresis. For instance, in June 2023, SCIEX, a global leader in life science analytical technologies, launches the Intabio ZT system, the first fully-integrated microfluidic chip-based platform combining imaged capillary isoelectric focusing (icIEF) separation and UV detection. When coupled with mass spectrometry (MS) identification on the ZenoTOF 7600 system, it eliminates the guesswork from early drug development stages and accelerates drug candidate selection. This icIEF-UV/MS workflow enables the separation, quantitation, and identification of biopharmaceutical charge variants and their proteoforms.
Moreover, capillary electrophoresis in drug development provides the high-resolution separation and analysis of pharmaceutical compounds. It is used to assess the separation, purity, stability, quality, and identification of drug compounds during the formulation process. Its ability to detect impurities and degradation products helps to ensure that drugs are safe and effective. Additionally, its capacity for chiral separations is essential for characterizing enantiomerically pure drug compounds, which is critical for developing certain pharmaceuticals.
Market Restraints:
It is anticipated that the capillary electrophoresis market is expected to be hampered due to their complexity and lack of expertise. Due to its sensitivity and the need for precise sample handling, capillary electrophoresis can be susceptible to errors if not performed correctly. Mistakes in sample preparation, instrument calibration, or data interpretation can lead to inaccurate results. Ensuring a high level of expertise and adherence to best practices is essential to minimize errors.
Moreover, there is a limited availability of trained experts for operating and troubleshooting capillary electrophoresis systems in many pharmaceutical industries. This shortage of skilled professionals can hamper the adoption of capillary electrophoresis techniques, especially if organizations struggle to find or retain qualified individuals for better results.
Market Opportunities:
The advancements in capillary electrophoresis technologies provide a significant potential opportunity for market growth. New capillary electrophoresis technologies enable higher resolution separation of analytes, allowing for better detection and characterization of molecules in complex samples. The increased sensitivity of modern systems enhances the ability to detect low-abundance compounds, which is crucial in fields such as pharmaceuticals, proteomics, and forensics.
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COVID-19 Impact Analysis:
The COVID-19 pandemic significantly impacted the global capillary electrophoresis market. During the pandemic, the urgent need for drug development and vaccine research during the pandemic emphasized the importance of advanced analytical methods. Capillary electrophoresis plays an important role in the analysis of potential drug compounds and the characterization of vaccine components, contributing to the rapid development and testing of treatments and vaccines, this positively impacted the market globally.
Russia-Ukraine Conflict Impact Analysis:
The Russia-Ukraine conflict moderately impacted the global capillary electrophoresis market, mainly owing to the less presence of major players. During the conflict, the import and export of capillary electrophoresis instruments and reagents are temporarily disrupted and many research activities and drug development processes are postponed.
Recent Developments in the Industry:
Market Segmentation:
As per the research analysis, the global capillary electrophoresis market is segmented by product type (automatic capillary electrophoresis systems, and semi-automatic capillary electrophoresis systems), by mode (capillary zone electrophoresis (CZE), capillary gel electrophoresis (CGE), micellar electrokinetic capillary chromatography (MEKC), capillary electrochromatography (CEC), capillary isoelectric focusing (CIEF)( Imaged Capillary Isoelectric Focusing (iCIEF)), and capillary isotachophoresis (CITP)), by application (gene therapy, cell therapy, protein characterization, drug development, and others), by detection type (UV detection, Laser-Induces Florescence (LIF) Detection, mass spectroscopy), by end-user (research organizations and institutions, pharmaceutical and biotechnology companies, forensic centers, others).
Geographical Classification:
The global capillary electrophoresis market is segmented into major countries, including North America, Europe, South America, Asia Pacific, and Middle East & Africa.
North America Capillary Electrophoresis Market:
The presence of a huge number of key major players in the region, technological advancements, and drug developments using capillary electrophoresis techniques by major players in the area makes it the highest market shareholder in the capillary electrophoresis market. The demand for capillary electrophoresis in the pharmaceutical industry is driven by an increase in the number of technologies and the rising applications of capillary electrophoresis in various sectors in the region.
Asia-Pacific Capillary Electrophoresis Market:
Many countries in the Asia-Pacific region are investing heavily in the scientific research and academic institutions. The growth of life sciences, biotechnology, and pharmaceutical research is boosting the demand for advanced analytical tools including the capillary electrophoresis. These tools play a crucial for various research applications, including genomics, proteomics, drug development, and personalized medicine.
Europe Capillary Electrophoresis Market:
Pharmaceutical products/systems are governed by strict regulatory guidelines in Europe. Europe is home to many leading research institutions, universities, and biotechnology companies. The region has a strong tradition of scientific research, particularly in fields such as pharmaceuticals, biotechnology, and environmental sciences. These R&D activities drive the demand for advanced analytical techniques, including capillary electrophoresis, for various research applications.
Competitive Analysis:
There are numerous international, regional, and local suppliers in the global capillary electrophoresis industry. The competition in the local market is fierce. The vendors compete based on price, product quality, and dependability. As a result, to prosper and survive in a competitive market, suppliers must provide cost-efficient and effective products.
Major Companies:
Major companies working towards the market’s growth include Sebia Group, Thermo Fisher Scientific Inc., Bio-Rad Laboratories, Inc., Merck KGaA, General Electric, PerkinElmer Inc., Shimadzu Corporation, Helena Laboratories Corporation, Takara Bio, Inc., Agilent Technologies Inc., and Teledyne Technologies, among others.
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DataM Intelligence Opinion:
According to DataM Intelligence, the capillary electrophoresis market is a rapidly growing sector due to its wide applications in various pharmaceutical analysis, forensic analysis, and others. Capillary electrophoresis can determine target proteins, quantification, and purification, which plays a key role in the drug development process and also plays an important role in DNA fragmentation and analysis in forensic laboratories. Overall, capillary electrophoresis helps with advanced technology in the drug development processes.
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