Press release
Magnetic Beads Market Size-Share 2021, Analysis by Manufacturers, Competitive Landscape, Future Growth, Strategy and Forecast to 2027 | Thermo Fisher Scientific (Dynal),Merck,Miltenyi Biotec,Bio Rad,Qiagen,JSR Life,Promega,GenScript
The “Magnetic Beads Market” report describes in detail the demand and consumption of various products/services related to the market growth dynamics during the forecast period of 2021-2027. A detailed market assessment of the various opportunities in the market segment is expressed in terms of quantity. These are discussed in many sections, including constraints, challenges and opportunities, regional breakdown and opportunity assessment. This global Magnetic Beads Market report guarantees rich data on various market opportunities. The report includes strong research from expert analysts.The Magnetic Beads Market size is estimated to grow at a CAGR of 17.9% for 2021-2027.
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Global Magnetic Beads Market Overview
The rise in technological advancements along with increasing demand for in-vitro tests across the globe is accelerating the market growth for Magnetic Beads. The high-throughput and high-capacity affinity particles for antibody immunoprecipitation and purification methods using robotic or manual magnetic separators. These beads bind to antibodies from various species including, humans, mice, goats, sheep, rabbits, and cows.
Promising investments in genetic & microbiology research activities are expected to provide a major boost to the product demand for Magnetic Beads propelling the market growth as the application fields for Magnetic Beads extensively range from immunoassays to hyperthermia therapies, DNA extraction, cell manipulation, magnetic resonance imaging to the integration in colloidal nanocrystals.
The rising focus of several different market players on launching highly efficient and innovative magnetic beads is driving the demand for the market. The modified drug delivery through medical treatment, phosphopeptide development, and surge in demand from biomedical applications for performing treatment and research methodologies are resulting in an upsurge demand for the Magnetic Beads Market.
This report covers introduce companies associated with the Magnetic Beads Market:
Thermo Fisher Scientific (Dynal),Merck,Miltenyi Biotec,Bio Rad,Qiagen,JSR Life,Promega,GenScript,Geno Technology,Takara,Micromod,Spherotech,Omega Bio-Tek,Bioclone,Rockland
Recent Development:
Merck has acquired 29 companies, including 16 in the last 5 years. A total of 8 acquisitions came from private equity firms. It has also divested 7 assets. Merck’s largest acquisition to date was in 2009 when it acquired Schering-Plough for $41.1B. Its largest disclosed sale occurred in 2009 when it sold Merial to Sanofi SA for $4.0B. Merck has acquired in 10 different US states, and 7 countries. The Company’s most targeted sectors include life science (90%) and information technology (4%).
Thermo Fisher Scientific has acquired 64 companies, including 16 in the last 5 years. A total of 22 acquisitions came from private equity firms. It has also divested 8 assets. Thermo Fisher Scientific’s largest acquisition to date was in 2021 when it acquired Pharmaceutical Product Development for $17.4B. Its largest disclosed sale occurred in 2019 when it sold Thermo Fisher Scientific - Anatomical Pathology Business to PHC Holdings for $1.1B. Thermo Fisher Scientific has acquired in 15 different US states, and 16 countries. The Company’s most targeted sectors include life science (36%) and medical products (18%).
Market segment by Type, covers
Silica Magnetic Beads
Agarose Magnetic Beads
Polymer Magnetic Beads
Others
Market segment by Application, covering
Protein & Antibody Purification
Immunoprecipitation
Sample Preparation
Others
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Regional Insights
North America dominated the market and accounted for over 48% share of the total revenue. The North American region is home to some of the best genetic research facilities in the world and thereby generates a major demand for magnetic beads. Furthermore, the major demand for in-vitro tests from the U.S. and Canadian healthcare sectors has further aided the market growth.
In Europe, the product demand is expected to register a CAGR of 17.9% over the forecast period. Rising health awareness has augmented the demand for diagnostics and therapeutic solutions in the region. Additionally, increasing product adoption for diagnosis and treatment of various medical conditions such as cancer and brain tumour is expected to drive product demand in the healthcare sector.
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2021-2027) of the following regions are covered:
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)
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Some of the most significant insights gathered through the business intelligence study on the global Magnetic Beads Market consists:
Key regions and leading countries in global Magnetic Beads Market
Distribution network changes due to COVID19 pandemic
Key consumer segments are expected to drive global demand for the Magnetic Beads market regional policy framework and regulatory guidelines.
Projected CAGR in the forecast period 2021 to 2027
Analysis of historical and current consumer buying trends related to the global Magnetic Beads market.
Technological advancements and innovative products can completely change the Magnetic Beads market.
Companies that held the leading share in the market during the historic years
Table of Contents: Magnetic Beads Market
- Chapter 1: Outline of Magnetic Beads Market
- Chapter 2: Global Market Status and Forecast by Regions
- Chapter 3: Global Market Status and Forecast by Types
- Chapter 4: Global Market Status and Forecast by Downstream Industry
- Chapter 5: Market Driving Factor Analysis
- Chapter 6: Market Competition Status by Major Manufacturers
- Chapter 7: Major Producers Presentation and market Information
- Chapter 8: Upstream and Downstream Market Investigation
- Chapter 9: Fetched and Net Edge Investigation
- Chapter 10: Marketing Status Investigation
- Chapter 11: Market Report Conclusion
- Chapter 12: Research Methodology and Reference
Impact of COVID-19 on the Magnetic Beads Market:
The rise of COVID-19 has moderated showcase development; in any case, the market is continuously picking up pace due to rising lockdowns. The sudden increment in CAGR is due to the request and extension of this market, which is an ability to return to pre-pandemic levels once the widespread, is gone.
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