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The electrocompetent cells market involves the production, optimization, and evaluation of bacterial cells capable of taking up extracellular DNA when exposed to an electric pulse. These cells are widely used for cloning, protein expression, mutagenesis, and DNA labeling. Researchers prefer electrocompetent cells as they provide efficient DNA transformation with high transformation efficiencies ranging from 106 to 109 CFU/μg. The global electrocompetent cells market is estimated to be valued at US$ 2.07 Bn in 2024 and is expected to exhibit a CAGR of 10% over the forecast period from 2023 to 2030.
Key Takeaways
Key players operating in the electrocompetent cells market are Thermo Fisher Scientific Inc., Merck KGaA, Agilent Technologies, Inc., QIAGEN N.V., New England Biolabs, Inc., GenScript Biotech Corporation, Lucigen Corporation, Takara Bio Inc., Delphi Genetics S.A., IBA GmbH, Scarab Genomics LLC, Zymo Research Corporation, Bioline GmbH (Meridian Bioscience), SelectScience, Biosearch Technology . These key players are focusing on developing technologically advanced electrocompetent cells with higher transformation efficiencies to cater to the growing demand.
The increasing research activities in the field of genomics, proteomics, drug discovery, and molecular cloning are expected to drive the demand for electrocompetent cells over the forecast period. Furthermore, rising R&D investments by research laboratories and pharma companies are anticipated to propel the market growth.
The electrocompetent cells market is witnessing expansion into new geographies with growing research infrastructure. Key manufacturers are focusing on strengthening their distribution channels across Asia Pacific and Latin America. Efforts are being made to develop cost-effective electrocompetent cell solutions suitable for low and middle-income countries.
Market key trends
One of the key trends gaining momentum in the electrocompetent cells market is the automation of transformation processes. Various automated systems have been developed to perform plasmid extraction, purification, linearization, and transformation of electrocompetent cells. Automated platforms enable high-throughput transformation with consistency and reproducibility. This helps researchers screen multiple constructs simultaneously, thereby accelerating research and development activities. Advancements in robotics and software solutions are expected to boost automation adoption, supporting the market growth over the forecast period.
Porter’s Analysis
Threat of new entrants: Low barrier for new product development but presence of established players.
Bargaining power of buyers: Moderate as buyers have several vendors to choose from offering substitutes.
Bargaining power of suppliers: Moderate as raw materials required are available from multiple sources.
Threat of new substitutes: Low as electrocompetent cells have established use cases in biotechnology research and development.
Competitive rivalry: High as major players compete on product features, quality and pricing.
Geographical Regions
North America region dominates the electrocompetent cells market in terms of value largely attributed to extensive R&D activities and presence of major market players in countries like United States and Canada.
Asia Pacific region is poised to witness fastest growth in the electrocompetent cells market attributed to growing biotechnology industry, rising government investments and increasing demand for cost-effective life science reagents and kits in major economies like China and India.
Geographical Regions
The electrocompetent cells market in the Asia Pacific region is projected to register highest CAGR from 2023 to 2030 driven by increasing research outsourcing to the region by pharmaceutical companies. Countries like China and India are emerging as biotech innovation hubs attracting foreign investments and fostering indigenous biotech startups involved in drug discovery, gene therapy and human genome editing research requiring use of electrocompetent cells.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
