Magnetic Beads Market size valued at USD 1.5 billion in 2020 and is poised to grow at a CAGR of 13% during the forecast period 2022-2028.
The Magnetic Bead is an efficient tool used to create a stirring action after placing it in a suitable liquid solution under a Magnetic Stirrer Plate. Isolation of DNA or RNA is the most important process in biochemistry and diagnostics. Acute respiratory infections (ARI) are increasing mortality and morbidity in children. Therefore, magnetic beads are widely used for DNA and RNA sample extraction to help analyze ARI and reduce the risk associated with infection. In addition, downstream applications such as detection, cloning, sequencing, hybridization, and cDNA synthesis are performed using magnetic beads. The clinical laboratory sector is widely adopting magnetic beads in analyzer kits that help to efficiently analyze viral DNA and RNA in serum, plasma and other body fluids.
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Market Segments
By Type
- Cells & microbes
- Nucleic acid
- Proteins
- Others
By Application
- Cell separation & expansion
- Protein sample preparation & protein purification
- IVD assay development
- Nucleic acid isolation
- Immunoprecipitation
- Exosome analysis
- Antibody purification
Key Players
The leading players that include Thermo Fisher Scientific Inc., Advanced BioChemicals (ABC), Promega Corporation, Zeesan Biotech Co. Ltd., New England BioLabs Inc., Calbiotech, MagBio Genomics, Teja Scientific Glass Works, Vazyme Biotech Co. Ltd., and Alcon Scientific Industries.
Scope of the Report
The research study analyzes the global Magnetic Beads industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Magnetic Beads Market Report
1. What was the Magnetic Beads Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Magnetic Beads Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Magnetic Beads Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Magnetic Beads market.
- The market share of the global Magnetic Beads market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Magnetic Beads market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Magnetic Beads market.
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