Magnetic Beads Global Market Report 2022

“Magnetic Beads Global Market Report 2022” from The Business Research Company provides the strategists, marketers and senior management with the critical information they need to assess the global magnetic beads market.

This report focuses on magnetic beads market which is experiencing strong growth. The report gives a guide to the magnetic beads market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.

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Where is the largest and fastest growing market for the magnetic beads? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The Magnetic Beads market global report” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider magnetic beads market, and compares it with other markets.

• The market characteristics section of the report defines and explains the market.

• The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.

• Market segmentations break down market into sub markets.

• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.

• Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.

• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

• The magnetic beads market section of the report gives context. It compares the magnetic beads market with other segments of the magnetic beads market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, magnetic beads indicators comparison.

Scope

Markets Covered:

• 1) By Magnetic Core: Superparamagnetic; Ferrimagnetic

• 2) By Type: Cells; Pathogenic Microorganisms; Nucleic Acids; Peptide; Protein

• 3) By Application: Cell Separation & Expansion; IVD Assay Development; Nucleic Acid Isolation; Immunoprecipitation; Antibody Purification

• 4) By End-User: Healthcare Facilities; Individual Pathology Labs; Research Labs

• Companies Mentioned: Thermo Fisher Scientific Inc.; Merck KGaA; Bangs Laboratories Inc.; Spherotech Inc.; GenScript

• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

• Time series: Five years historic and ten years forecast.

• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

• Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Executive Summary

Major players in the magnetic beads market are: Thermo Fisher Scientific Inc., Merck KGaA, Bangs Laboratories Inc., Spherotech Inc., GenScript, Bio-Rad Laboratories Inc., New England Biolabs, Rockland Immunochemicals Inc., Promega Corporation, Qiagen N.V., Zeesan Biotech Co. Ltd., CardioGenics Inc., Miltenyi Biotec, Ferrotec (USA) Corporation, Eurofins Technologies, micromod Partikeltechnologie GmbH, MagQu Co. Ltd, Advanced BioChemicals LLC, Calbiotech Inc, Takara Bio, Cytiva, Teja Scientific Glass Works, Alcon Scientific Industries., TAIYO YUDEN Co. Ltd., YAGEO, Laird PLC, Abraxis, Max Echo, Sunlord, Microgate, and Zhenhua Fu Electronics.

The global magnetic beads market is expected to grow from $1.72 billion in 2021 to $1.93 billion in 2022 at a compound annual growth rate (CAGR) of 12.33%. The market is expected to grow to $3.13 billion in 2026 at a CAGR of 12.88%.

The magnetic beads market consists of the sales of magnetic beads by entities (organizations, partnerships, and sole proprietors) that are versatile small tools used for separating biomolecules quickly and effectively. Magnetic beads are made up of superparamagnetic iron oxide particles as small as 20 to 30 nanometers in size. Magnetic beads are frequently used in various molecular biology applications such as next-generation sequencing (NGS), polymerase chain reaction (PCR), quantitative PCR (qPCR), droplet digital PCR (ddPCR), other amplification and genotyping, protein purification and other applications.

The main types of magnetic beads are cells, pathogenic microorganisms, nucleic acids, peptide and protein. Protein magnetic beads are used in the purification of epitope-tagged proteins. Protein purification directly from cell lysates is possible with the magnetic protein purification method, which eliminates the need for centrifugation and simplifies protein purification. The various magnetic cores are superparamagnetic and ferrimagnetic. Magnetic beads have applications in cell separation and expansion, IVD assay development, nucleic acid isolation, immunoprecipitation and antibody purification. Major end-users of magnetic beads include healthcare facilities, individual pathology labs, and research labs.

North America was the largest region in the magnetic beads market in 2021. Eastern Europe is expected to be the fastest-growing region in the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Rising investment in genetic and microbiology research activities is significantly driving the growth of the magnetic beads market. Magnetic beads' superparamagnetic property qualifies them for a variety of analytical applications. Magnetic beads, in molecular biology provide a simple and reliable method of purifying various types of biomolecule, including genomic DNA, plasmids, mitochondrial DNA, RNA, proteins and other biomolecules. For instance, according to the World Health Organization, global health spending increased steadily between 2000 and 2018, reaching $8.3 trillion, or 10% of global GDP. Moreover, because of advancements in medical technologies, rising medical equipment prices in the health sector, and increased demand for medical services from the aging population, spending in the various countries is likely to rise. Hence, the increasing investment in genetic and microbiology research activities is expected to drive the magnetic beads market going forward.

Technological advancement is a key trend gaining popularity in the magnetic beads market. The key players in the magnetic beads market are focusing on innovation and expanding their scope of application to gain their market position. For instance, in May 2019, Thermo Fisher launched an automation-ready DNA and RNA Isolation Kit, MagMAX Microbiome Ultra Nucleic Acid Isolation Kit. The kit is a new sample processing tool with high throughput. It is used for cutting-edge microbiome research. This kit aids in the recovery of RNA and DNA from some of the most difficult and noxious samples used in microbiome research, such as stool and soil samples.

In November 2018, LGC Group, a UK-based, international life sciences measurement and tools company, announced the acquisition of Seracare Life Sciences, a quality control tools company, for an undisclosed amount. Through this acquisition, the LGC group strengthens its position in clinical quality control tools with Seraseq's clinical genomics tools being complementary to LGC's component offering to the NGS market that includes magnetic beads. Seracare Life Sciences is based in Massachusetts, United States, and was founded in 1984.

The countries covered in the Magnetic Beads market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.