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Magnetic Beads Market Analysis 2024-2033 : Forecast Market Size, Top Segments And Largest Region | Thermo Fisher Scientific Inc, Merck KGaA, Bio-Rad Laboratories, Inc, Qiagen, Danaher Corporation, Miltenyi Biotec

Magnetic Beads Global Market Report

Magnetic Beads Global Market Report

"The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company presents an extensive market research report on the Magnetic Beads Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.

Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.

Market Sizing:

The magnetic beads market size has grown rapidly in recent years. It will grow from $2.18 billion in 2023 to $2.46 billion in 2024 at a compound annual growth rate (CAGR) of 12.7%. The growth in the historic period can be attributed to covid-19 pandemic, increased healthcare expenditure, and rapid growth in the elderly population..

The magnetic beads market size is expected to see rapid growth in the next few years. It will grow to $4.1 billion in 2028 at a compound annual growth rate (CAGR) of 13.6%. The growth in the forecast period can be attributed to government initiatives for genetic and microbiological research, growth in the medical technology sector, and increasing prevalence of chronic diseases. . Major trends in the forecast period include developing new technological solutions, focus on the launch of magnetic beads modification services to enhance cell isolation, rna/dna extraction and protein purification, and introduce magnetic bead separation plates for cost-efficient nucleic acid testing. .

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Key Market Players:

Major companies operating in the magnetic beads market report are Thermo Fisher Scientific Inc, Merck KGaA, Bio-Rad Laboratories, Inc, Qiagen, Danaher Corporation, Miltenyi Biotec, Promega Corporation, Takara Bio Inc, Genscript Biotech Corporation, Bangs Laboratories Inc, Sinovac Biotech, Genor Bio Pharma, Shenzen Zhenhua Fu Electronics, Zhejiang Orient Gene Biotech Co. Ltd, Microgate, SunLord Electronics, Max Echo, Eurofins Abraxis, YAGEO Group, TAIYO YUDEN Co. Ltd, Alcon Scientific Industries, Teja Scientific Glass Works, Zeesan Biotech, Hemotune AG, NanoSyrinx, Pulmobiotics S. L, EnginZyme, Chain Biotech, Nuclera Nucleics, Phytoform Labs, Entelechon GmbH, Sloning BioTechnology GmbH, Siemens Healthineers Ukraine, TestLine Clinical Diagnostics s.r.o, Roche, Spherotech, CardioGenics, NEB, Rockland Immunochemicals

Market Drivers:

Government initiatives for genetic and microbiological research are expected to promote the growth of the magnetic beads market in the forecast period. Governments across various countries are implementing national plans for integrating advanced microbial genomics research which are expected to increase the demand for magnetics beads used in various genetics and microbiological research. For instance, in February 2021, the Australian Government Department of Health published a national plan for the integration of microbial genomics into the Australian public health system to improve national surveillance and response to communicable diseases, antimicrobial resistance and biothreat agents of clinical and public health importance. Therefore, supportive government initiatives for genetic and microbiological research are expected to promote the growth of the magnetic beads market.

Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/magnetic-beads-global-market-report

The magnetic beads market covered in this report is segmented -

1) By Type: Cells Microbes, Nucleic Acids, Proteins, Other Types
2) By End User: Healthcare Facilities, Individual Pathology Labs, Research Labs, Other End Users
3) By Magnetic Core: Superparamagnetic, Ferrimagnetic
4) By Application: Cell Separation And Expansion, Protein Sample Preparation And Protein Purification, IVD Assay Development, Nucleic Acid Isolation, Immunoprecipitation, Antibody Purification, Other Applications

The report answers the following questions:
What are the primary factors propelling the market during the projected period?

In which region is the most substantial growth expected?

Which trend will take center stage in the upcoming period?

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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.

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