Market Dynamics
The Electroporation Instruments Market is witnessing high growth owing to rising adoption of electroporation technology for cell transformation applications in gene therapy, immunotherapy and transfection research. Electroporation provides efficient non-viral delivery of therapeutic agents inside cells and is emerging as a promising technique for developing novel cell-based and genetic therapies. Another key driver fueling the market growth is the increasing R&D investments by pharmaceutical and biotechnology companies in cell-based research. The technology allows large-scale, reproducible and cost-effective production of transfected cells. However, development of alternative non-invasive cell transformation methods could hamper the market growth during the forecast period.

Key Takeaways

The Global Electroporation Instruments Market Size is expected to witness high growth during the forecast period of 2023 to 2030. Growth will be driven by increasing applications in pharmaceutical and biotechnology industries. The market was valued at US$ 242.41 Mn in 2023 and is projected to reach over US$ 310 Bn by 2030, expanding at a CAGR of 4.4%.

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