Magnetic Beads Market Opportunities & Forecast 2022-2030

The global Magnetic Beads market size is expected to be worth around US$ 10.2 billion by 2030, according to a new report by Vision Research Reports.

The global Magnetic Beads market size was valued at US$ 3.40 billion in 2020 and is anticipated to grow at a CAGR of 15.6% during forecast period 2021 to 2030.

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Report Coverage

Report Scope Details
Market Size US$ 10.2 Billion by 2030
Growth Rate CAGR of 15.6% From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Application
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Thermo Fisher Scientific Inc.; Merck KGaA; Bangs Laboratories, Inc.; Spherotech, Inc.; GenScript; CardioGenics, Inc.; Bio-Rad Laboratories, Inc.; Miltenyi Biotec; Ferrotec (USA) Corporation; Eurofins Technologies; micromod Partikeltechnologie GmbH; New England Biolabs; Rockland Immunochemicals, Inc.; MagQu Co. Ltd.

Growth Factors

The growing product demand in various types of biological and genetic research processes is expected to drive the market over the forecast period. Magnetic beads are witnessing wide-ranging adoption in molecular biology applications owing to their reliability, easy-to-use property, and minimal processing requirement. It is mostly used to purify various types of biomolecules such as genomic DNA, plasmids, mitochondrial DNA, RNA, and proteins. Custom modifications in the product to comply with research needs are anticipated to support the market growth.

By Application Analysis

The in-vitro diagnostics application segment led the market with a revenue share of over 55.0% in 2020 and is likely to grow at a significant rate over the forecast period.

Increasing population, infectious and chronic diseases, and personalized care products are spurring the demand for healthcare products. Such trends are pushing medical device manufacturers and scientific laboratory experts to pursue in-vitro diagnostic methods by using magnetic bead technology.

Increasing access to diverse fields of experimental biology such as cell biology, biotechnology, biochemistry, genomics, immunology, and genetics is likely to witness an upsurge in related products during the forecast period.

Magnetic beads offer a suitable solution that could revolutionize a wide range of biological research by enhancing the efficacy of cell separation and isolation protocols,

By Regional Analysis

North America dominated the market and accounted for over 45.0% share of the global revenue in 2020. North America is home to some of the best genetic research facilities in the world and thereby generates a major demand for magnetic beads.

Europe emerged as the second-largest regional market for magnetic beads in 2020 owing to the increase in demand for diagnostics and therapeutic solutions due to rising health concerns

The Asia Pacific region is expected to grow at a significant pace over the forecast period owing to the rapid growth of the healthcare and diagnostics industries in the region.

Key Players

  • Thermo Fisher Scientific Inc.
  • Merck KGaA
  • Bangs Laboratories, Inc.
  • Spherotech, Inc.
  • GenScript
  • CardioGenics, Inc.
  • Bio-Rad Laboratories, Inc.
  • Miltenyi Biotec
  • Ferrotec (USA) Corporation
  • Eurofins Technologies
  • micromod Partikeltechnologie GmbH
  • New England Biolabs
  • Rockland Immunochemicals, Inc.
  • MagQu Co. Ltd.

Market Segmentation

  • By Application
    • Bioresearch
    • In-vitro Diagnostics
    • Others
  • Regiona
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • U.K.
      • Germany
      • France
    • Asia Pacific
      • China
      • India
      • Japan
    • Central & South America
      • Brazil
    • Middle East & Africa

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Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Magnetic Beads Market, By Application

7.1.  Magnetic Beads Market, by Application, 2021-2030

7.1.1.    Bioresearch

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    In-vitro Diagnostics

7.1.2.1.        Market Revenue and Forecast (2017-2030)

Chapter 8.  Global Magnetic Beads Market, Regional Estimates and Trend Forecast

8.1.  North America

8.1.1.    Market Revenue and Forecast, by Application (2017-2030)

8.1.2.    U.S.

8.1.3.    Rest of North America

8.1.3.1.        Market Revenue and Forecast, by Application (2017-2030)

8.2.  Europe

8.2.1.    Market Revenue and Forecast, by Application (2017-2030)

8.2.2.    UK

8.2.2.1.        Market Revenue and Forecast, by Application (2017-2030)

8.2.3.    France

8.2.3.1.        Market Revenue and Forecast, by Application (2017-2030)

8.2.4.    Rest of Europe

8.2.4.1.        Market Revenue and Forecast, by Application (2017-2030)

8.3.  APAC

8.3.1.    Market Revenue and Forecast, by Application (2017-2030)

8.3.2.    India

8.3.2.1.        Market Revenue and Forecast, by Application (2017-2030)

8.3.3.    China

8.3.3.1.        Market Revenue and Forecast, by Application (2017-2030)

8.3.4.    Japan

8.3.4.1.        Market Revenue and Forecast, by Application (2017-2030)

8.3.5.    Rest of APAC

8.3.5.1.        Market Revenue and Forecast, by Application (2017-2030)

8.4.  MEA

8.4.1.    Market Revenue and Forecast, by Application (2017-2030)

8.4.2.    GCC

8.4.2.1.        Market Revenue and Forecast, by Application (2017-2030)

8.4.3.    North Africa

8.4.3.1.        Market Revenue and Forecast, by Application (2017-2030)

8.4.4.    South Africa

8.4.4.1.        Market Revenue and Forecast, by Application (2017-2030)

8.4.5.    Rest of MEA

8.4.5.1.        Market Revenue and Forecast, by Application (2017-2030)

8.5.  Latin America

8.5.1.    Market Revenue and Forecast, by Application (2017-2030)

8.5.2.    Brazil

8.5.2.1.        Market Revenue and Forecast, by Application (2017-2030)

8.5.3.    Rest of LATAM

8.5.3.1.        Market Revenue and Forecast, by Application (2017-2030)

Chapter 9.    Company Profiles

9.1.  Thermo Fisher Scientific Inc.

9.1.1.    Company Overview

9.1.2.    Product Offerings

9.1.3.    Financial Performance

9.1.4.    Recent Initiatives

9.2.  Merck KGaA

9.2.1.    Company Overview

9.2.2.    Product Offerings

9.2.3.    Financial Performance

9.2.4.    Recent Initiatives

9.3.  Bangs Laboratories, Inc.

9.3.1.    Company Overview

9.3.2.    Product Offerings

9.3.3.    Financial Performance

9.3.4.    Recent Initiatives

9.4.  Spherotech, Inc.

9.4.1.    Company Overview

9.4.2.    Product Offerings

9.4.3.    Financial Performance

9.4.4.    Recent Initiatives

9.5.  GenScript

9.5.1.    Company Overview

9.5.2.    Product Offerings

9.5.3.    Financial Performance

9.5.4.    Recent Initiatives

9.6.  CardioGenics, Inc.

9.6.1.    Company Overview

9.6.2.    Product Offerings

9.6.3.    Financial Performance

9.6.4.    Recent Initiatives

9.7.  Bio-Rad Laboratories, Inc.

9.7.1.    Company Overview

9.7.2.    Product Offerings

9.7.3.    Financial Performance

9.7.4.    Recent Initiatives

9.8.  Miltenyi Biotec

9.8.1.    Company Overview

9.8.2.    Product Offerings

9.8.3.    Financial Performance

9.8.4.    Recent Initiatives

Chapter 10.  Research Methodology

10.1.              Primary Research

10.2.              Secondary Research

10.3.              Assumptions

Chapter 11.  Appendix

11.1.              About Us

11.2.              Glossary of Terms

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