Electroporation Instruments Market to Expand at CAGR of 6.3% from 2020 to 2030; Growth in Popularity of Different Gene-editing Techniques to Drive Market Expansion, Says TMR
- Surge in demand for electroporation to transfer ions, nucleic acids, and dyes across cell membrane is expected to boost the growth prospects of the electroporation instruments market
- Increase in the number of product approvals and rise in adoption of electroporation instruments across many developed regions are projected to aid in market expansion
ALBANY, N.Y., Nov. 10, 2021 /PRNewswire/ -- Major companies operating in the electroporation instruments market are focused on advancing the performance and efficacy of products they offer. Electroporation refers to a physical procedure that plays key role in the introduction of polar molecules such as DNA into eukaryotic cells using the cell membrane.
A study by Transparency Market Research (TMR) notes that the global electroporation instruments market is projected to exceed the valuation of US$ 244 Mn by 2030.
Electroporation Instruments Market: Key Findings
- Advancements in Gene Editing Techniques to Propel Market Growth
Researchers today are increasing the inclusion of varied technologically advanced procedures in gene editing in order to curate targeted sequence-specific alternations across the DNA. CRISPR-associated (Cas) proteins, clustered regularly-interspaced short palindromic repeats (CRISPR), and transcription activator-like effector nucleases (TALENs) are some of the prominent examples of advanced gene editing technologies. Surge in such R&D activities is expected to result into increased adoption of electroporation instruments in the forthcoming years.
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Due to the ability of electroporation to penetrate 3D structures with exceptional efficiency levels, the popularity of advanced gene editing methodologies is likely to further increase, which, in turn, is anticipated to drive market growth. Noticeable developments in electroporation instruments & electrodes and increasing compatibility of these instruments with the latest gene editing technology are projected to help in the expansion of the global electroporation instruments market.
- Surge in Use of Electroporation Technology to Develop Vaccine Delivery System to Fuel Product Demand
Electrophoresis techniques hold potential to trace the local antigen expression in epidermis of an individual. As electroporation technique develops inflammatory environment, the use of this technology with DNA vaccination may help in strong vaccine antigen expression. This factor is estimated to fuel the expansion avenues in the global electroporation instruments market.
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In recent years, there is a significant growth in the inclination toward the use of electroporation technique to improve the nucleic acid uptake with the DNA to develop immune response for an antigen when a vaccine is administered. Increase in the number of people suffering from different skin as well as infectious diseases is projected to boost the demand for electroporation instruments.
Electroporation Instruments Market: Growth Boosters
- Due to technological advancements in the healthcare industry, there is significant growth in the use of electroporation in the internal tumor treatment. This factor is driving the growth prospects of the electroporation instruments market.
- Rise in applications of electroporation in oncology, microbiology, biochemistry, public health, surgery, and other non-communicable diseases is boosting market growth
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Electroporation Instruments Market: Regional Analysis
- Companies operating in the electroporation instruments market are expected to gain prominent sales opportunities in the North America and Europe regions during the upcoming years. Presence of sturdy healthcare infrastructure and technological advancements in both regions are prominent factors boosting the market in these regions.
- The electroporation instruments approval rate seems to be higher in North America and Europe compared to other regions such as Asia Pacific
- There is consistent growth in the adoption of electroporation across Europe, owing to the surge in approval of electro chemotherapy for the clinical use. As a result, companies operating in the electroporation instruments market are growing concentration on their business expansions across the European Union.
- Government authorities in Europe have developed precise guidelines and regulations related to the acceptable use of electroporation instruments. As a result, there is a surge in the use of electroporation instruments in this region, which, in turn, is driving the market.
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Electroporation Instruments Market: Key Players
Some of the key players in the electroporation instruments market are:
- Celetrix LLC
- BEX Co. Ltd.
- Eppendorf AG
- Merck KGaA
- Thermo Fisher Scientific, Inc.
- Harvard Bioscience Inc. (BTX)
- MaxCyte Inc.
- Bio-Rad Laboratories
- Mirus Bio LLC
- Lonza Group
Electroporation Instruments Market Segmentation
Product
- Total Electroporation System
- Eukaryotic Electroporation System
- Microbial Electroporation System
Application
- Bio-Medical Research
- Transgenic Models
- Cancer Research
- Gene and Protein Expression Studies
- Cell-based Microarrays for Drug Discovery and Development
- Therapeutic Delivery
- Biotherapeutics
- Electro-chemotherapy and Electro-immunotherapy
- Protein Production
Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Modernization of healthcare in terms of both infrastructure and services have pushed the healthcare industry to new heights, Stay Updated with Latest Healthcare Industry Research Reports by Transparency Market Research:
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