Gel Documentation Systems Market Size To Expand at a Notable CAGR Of 3.6% During 2017-2023

Pune, India, November 2018/MRFR Press Release/- Market Research Future has published a half-cooked research report on the Global Gel Documentation Systems Market.

Market Highlights:

The 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 document system is a gel imaging instrument majorly used to record and measure stained agarose gel, cellulose gels, and acrylamide gels on digital platforms. The increasing prevalence of infectious diseases and genetic disorders, growing government funding’s for genomic and proteomic research, and the on-going technological advancements in gel documentation systems are some factors that are anticipated to drive the market growth during the assessment period.  Additionally, the growing research and development expenditure by the government as well as private sector is likely to contribute to the market growth. As per the data by the Office for National Statistics, in 2016, the gross domestic expenditure on research and development (R&D) was Euro 33.1 billion (USD 35.2 billion) in the UK. However, 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.

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.

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.

Browse Complete Report @ https://www.marketresearchfuture.com/reports/gel-documentation-systems-market-6908

Key Players:

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

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