Global magnetic beads market was over at $1.1 billion in 2019 and is projected to hit $2.6 billion by 2027, growing a CAGR of 12.1% from 2020 to 2027. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends.

By region, the market across North America held the largest share in 2019, accounting for more than two-fifths of the market, due to upsurge in the use of magnetic beads for the establishment of target genomic DNA capturing method. However, the global magnetic beads market across Asia-Pacific is expected to register the highest CAGR of 13.6% during the forecast period, owing to rise in utilization of magnetic beads for DNA extraction methods from a fecal sample.Global magnetic beads market was over at $1.1 billion in 2019 and is projected to hit $2.6 billion by 2027, growing a CAGR of 12.1% from 2020 to 2027.

The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends.By region, the market across North America held the largest share in 2019, accounting for more than two-fifths of the market, due to upsurge in the use of magnetic beads for the establishment of target genomic DNA capturing method. However, the global magnetic beads market across Asia-Pacific is expected to register the highest CAGR of 13.6% during the forecast period, owing to rise in utilization of magnetic beads for DNA extraction methods from a fecal sample.

Download Sample PDF (266 Pages PDF with Insights): https://www.alliedmarketresearch.com/request-sample/10740

By application, the biomolecules separation & purification segment is estimated to register the highest CAGR of 12.6% from 2020 to 2027. Moreover, the segment held the lion’s share in 2019, contributing to nearly half of the global magnetic beads market, as magnetic beads offer a minimalist and reliable method for purification of various types of biomolecules.

By magnetic core, the ferrimagnetic segment held the largest share in 2019, accounting for more than half of the global magnetic beads market, due to its application in biomedical assays. However, the superparamagnetic segment is projected to register the highest CAGR of 12.6% during the forecast period, owing to its extensive use in identification, isolation, and genetic analysis of cells and nucleic acids. 

Increase in utilization in medical applications, surge in adoption in life science applications, and application in bioassays and magnetic separation techniques drive the growth of the global magnetic beads market. However, the requirement of additional accelerators and time-consuming process of protein purification hinder the market growth. On the contrary, increase in need for reduced medical cost along with improved medical care is expected to open lucrative opportunities for the market players in the future.

Get Free Inquiry Before Buying This Report: https://www.alliedmarketresearch.com/purchase-enquiry/10740

Major Market Players

  1. Thermo Fisher Scientific Inc.
  2. Promega Corporation
  3. Advanced BioChemicals (ABC)
  4. New England BioLabs Inc.
  5. Zeesan Biotech Co. Ltd.
  6. MagBio Genomics
  7. Calbiotech
  8. Vazyme Biotech Co. Ltd.
  9. Teja Scientific Glass Works
  10. Alcon Scientific Industries.

Covid-19 scenario:

  • There’s been a steep increase in the need for large-scale testing of coronavirus infection using RT-qPCR and RT-LAMP, which requires use of magnetic beads. This factor has boosted the global market for magnetic beads.
  • At the same time, surge in use of magnetic beads for the detection of Covid-19 infection has again augmented its demand. 

Get Detailed COVID-19 Impact Analysis on the Magnetic Beads Market: https://www.alliedmarketresearch.com/request-for-customization/10740?reqfor=covid  

 About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Similar Reports:

Soft Magnetic Materials Market: Global Opportunity Analysis and Industry Forecast, 2019-2026

Silver Nanoparticles Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

Industrial Adhesives Market: Global Opportunity Analysis and Industry Forecast 2020-2027

Recycled Glass Market: Global Opportunity Analysis and Industry Forecast, 2020–2025

Leave a comment

Your email address will not be published.