The precast gels market had a strong global size in 2020 and is expected to have a steady revenue CAGR over the forecast period. The market's growth is attributed to rapid urbanization, increasing producers, expanding product applications, and developing the precast gels product line. Precast gels are used in scientific studies of chemical processes, particularly in protein separation and analysis, as well as by pharmaceutical and clinical laboratories to simplify preparation and produce better results. The market's growth is being driven by the rise in demand, government financial assistance, and increased access to products via online methods. The main factors restricting market growth are the need for high accuracy throughout the procedure and a shortage of skilled lab specialists. The Asia Pacific market is expected to have the fastest growth in CAGR due to rapid urbanization, increased research activities, and government investments in the pharmaceutical sector. North America is the largest market, attributed to its thriving pharmaceutical industry, governmental investments in research, and the presence of large companies in the region. The market is divided into Tris-Glycine gels, Tris-Acetate gels, and others, with Tris-Glycine gels having the most dominant share. The market is also segmented based on end-use, with scientific research holding the most significant share. Major companies profiled in the report include Sigma-Aldrich, Thermo Fisher Scientific, Bio-Rad, and GE Healthcare Life Sciences, among others. The report also provides information on the strategies and objectives of these companies.
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Precast Gels Market: Drive factors
The precast gels market is primarily driven by several factors such as the growing demand for protein analysis and purification, advancements in proteomics research, and increasing adoption of precast gels in various applications such as drug discovery, diagnostics, and research.
Precast gels offer several advantages over traditional gels such as faster sample preparation, better reproducibility, and improved sensitivity. This has led to an increase in their adoption in various end-use industries such as biotechnology, pharmaceuticals, and academic research institutes.
Furthermore, the increasing prevalence of chronic diseases such as cancer and neurological disorders has led to a rise in demand for precast gels in drug discovery and diagnostics. Precast gels are extensively used in proteomics research to study the structure and function of proteins, which is crucial in the development of new drugs and therapies.
Overall, the precast gels market is expected to witness significant growth in the coming years, driven by the increasing demand for protein analysis and purification, advancements in proteomics research, and the growing adoption of precast gels in various end-use industries.
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