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Magnetic Beads Market Size, Share & Trends Analysis Report by Application (Bioresearch, In-vitro Diagnostics, Others), by Region (North America, Europe, Asia Pacific, CSA, MEA), and Segment Forecasts, 2022-2030

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    Report

  • 94 Pages
  • August 2022
  • Region: Global
  • Grand View Research
  • ID: 5505314
The global magnetic beads market is expected to reach USD 7.50 billion by 2030, registering a CAGR of 11.6% from 2022 to 2030. This is attributable to the increasing applications of nanotechnology in different industry verticals, including electronics, automotive, and healthcare, packaging, and construction. Additionally, the market is witnessing broad in molecular biology applications owing to their easy-to-use property, minimal processing requirement, and reliability.

The global medical industry is anticipated to grow on account of various factors, such as the rapidly aging population, technological advancements, and the rising prevalence of chronic illnesses across the globe. For instance, cancer is one of the leading causes of death and a significant impediment to extending life expectancy globally. The growing prevalence of cancer has boosted the demand for diagnostics for cancer, thereby creating upswings for the magnetic beads demand.

The market growth was reduced due to the global outbreak of COVID-19 in developed countries such as Germany, France, and the U.K., among other regions. Additionally, with the spread of COVID-19, the demand for diagnostic centers and healthcare facilities increased to control the situation, which in turn, drove the demand for magnetic beads.

Magnetic beads have increasingly been adopted in many applications due to various applications of nanotechnology across multiple industry verticals. For example, medical apparatus can be made lighter, stronger, and durable using nanotechnology. In addition, increasing investments in genetic & microbiology research activities are expected to boost the demand for magnetic beads during the forecast period. For instance, nanoscale fabrics used in surface treatment of fabrics offer personal body armor from lightweight ballistic energy deflection, as well as resistance to bacterial growth, staining, and wrinkling.

Magnetic Beads Market Report Highlights

  • The in-vitro diagnostics application segment held the largest market share of over 58% in 2021. The growth is attributed to the increasing applications of In-vitro diagnostics in the healthcare sector owing to its greater accuracy levels. An increase in demand for cellular study by various scientists and pharmaceutical companies to determine the physiological and chemical mechanisms within a molecule is further expected to increase the demand for magnetic beads.
  • The bioresearch application segment of magnetic beads accounted for 32% of the total revenue in 2021, owing to the increasing applications in diverse fields, including biotechnology, biochemistry, and genetics. In addition, the use of magnetic beads in the diagnosis and targeted destruction of tumors by intercellular hyperthermia is further expected to fuel the magnetic beads demand during the forecast period.
  • North America is projected to witness substantial market growth of 10.7% from 2022 to 2030. The countries in the region, including the U.S. and Canada, are heavily invested in medical and healthcare and are home to the best genetic research facilities in the world.
  • The North American region is expected to have the largest market share of the total revenue in 2030 owing to the increased utilization of nanotechnology in biomedical for its unique properties offered by nanomaterials. Furthermore, growing emphasis on the use of magnetic beads in drug delivery and other biomedical is expected to positively impact market growth during the forecast period.
  • The Asia Pacific region is expected to grow at a significant pace due to the rapid growth of the healthcare and diagnostics industries in the region. The growing need for the adoption of advanced diagnostic technologies due to the increasing prevalence of chronic diseases is expected to drive the magnetic beads demand.
  • China and Japan have emerged as two major players in the Asia Pacific healthcare industry due to attractive government policies and regulations coupled with increasing expenditure in the medical industry. For instance, Japan is developing “National Strategic Special Zones” for neurologic, cardiac, and ophthalmic treatments. Such initiatives are expected to drive the growth of the market in the Asia Pacific.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumption
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Magnetic Beads Market Variables, Trends & Scope
3.1. Market Segmentation
3.2. Market Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Manufacturing Trends
3.4. Technology Overview
3.5. Regulatory Framework
3.6. Market Dynamics
3.6.1. Market Driver Analysis
3.6.2. Market Restraint Analysis
3.6.3. Industry Challenges
3.7. Business Environment Analysis: Magnetic Beads Market
3.7.1. Industry Analysis - Porter’s Five Forces
3.7.1.1. Supplier Power
3.7.1.2. Buyer Power
3.7.1.3. Substitution Threat
3.7.1.4. Threat from New Entrant
3.7.1.5. Competitive Rivalry
3.7.2. PESTEL Analysis
3.7.2.1. Political Landscape
3.7.2.2. Environmental Landscape
3.7.2.3. Social Landscape
3.7.2.4. Technology Landscape
3.7.2.5. Economic Landscape
3.7.2.6. Legal Landscape
Chapter 4. Magnetic Beads Market: Application Estimates & Trend Analysis
4.1. Magnetic Beads Market: Application Movement Analysis, 2021 & 2030
4.2. Market Size & Forecasts and Trend Analysis, 2017 to 2030
4.2.1. Bioresearch
4.2.1.1. Market estimates and forecasts, 2017 - 2030 (Kilograms) (USD Million)
4.2.2. In-vitro Diagnostics
4.2.2.1. Market estimates and forecasts, 2017 - 2030 () (USD Million)
Chapter 5. Magnetic Beads Market: Regional Estimates & Trend Analysis
5.1. Magnetic Beads Market: Product Movement Analysis, 2021 & 2030
5.2. Market Size & Forecasts and Trend Analyses, 2017 to 2030
5.3. North America
5.3.1. Market estimates and forecasts, 2017 - 2030 (Kilograms) (USD Million)
5.3.2. Market estimates and forecasts, by application, 2017 - 2030 (USD Million)
5.3.3. Market estimates and forecasts, by application, 2017 - 2030 (Kilograms)
5.3.4. U.S.
5.3.4.1. Market estimates and forecasts, 2017 - 2030 (Kilograms) (USD Million)
5.3.4.2. Market estimates and forecasts, by application, 2017 - 2030 (USD Million)
5.3.4.3. Market estimates and forecasts, by application, 2017 - 2030 (Kilograms)
5.4. Europe
5.4.1. Market estimates and forecasts, 2017 - 2030 (Kilograms) (USD Million)
5.4.2. Market estimates and forecasts, by application, 2017 - 2030 (USD Million)
5.4.3. Market estimates and forecasts, by application, 2017 - 2030 (Kilograms)
5.4.4. Germany
5.4.4.1. Market estimates and forecasts, 2017 - 2030 (Kilograms) (USD Million)
5.4.4.2. Market estimates and forecasts, by application, 2017 - 2030 (USD Million)
5.4.4.3. Market estimates and forecasts, by application, 2017 - 2030 (Kilograms)
5.4.5. U.K.
5.4.5.1. Market estimates and forecasts, 2017 - 2030 (Kilograms) (USD Million)
5.4.5.2. Market estimates and forecasts, by application, 2017 - 2030 (USD Million)
5.4.5.3. Market estimates and forecasts, by application, 2017 - 2030 (Kilograms)
5.4.6. France
5.4.6.1. Market estimates and forecasts, 2017 - 2030 (Kilograms) (USD Million)
5.4.6.2. Market estimates and forecasts, by application, 2017 - 2030 (USD Million)
5.4.6.3. Market estimates and forecasts, by application, 2017 - 2030 (Kilograms)
5.5. Asia Pacific
5.5.1. Market estimates and forecasts, 2017 - 2030 (Kilograms) (USD Million)
5.5.2. Market estimates and forecasts, by application, 2017 - 2030 (USD Million)
5.5.3. Market estimates and forecasts, by application, 2017 - 2030 (Kilograms)
5.5.4. China
5.5.4.1. Market estimates and forecasts, 2017 - 2030 (Kilograms) (USD Million)
5.5.4.2. Market estimates and forecasts, by application, 2017 - 2030 (USD Million)
5.5.4.3. Market estimates and forecasts, by application, 2017 - 2030 (Kilograms)
5.5.5. India
5.5.5.1. Market estimates and forecasts, 2017 - 2030 (Kilograms) (USD Million)
5.5.5.2. Market estimates and forecasts, by application, 2017 - 2030 (USD Million)
5.5.5.3. Market estimates and forecasts, by application, 2017 - 2030 (Kilograms)
5.5.6. Japan
5.5.6.1. Market estimates and forecasts, 2017 - 2030 (Kilograms) (USD Million)
5.5.6.2. Market estimates and forecasts, by application, 2017 - 2030 (USD Million)
5.5.6.3. Market estimates and forecasts, by application, 2017 - 2030 (Kilograms)
5.6. Central & South America
5.6.1. Market estimates and forecasts, 2017 - 2030 (Kilograms) (USD Million)
5.6.2. Market estimates and forecasts, by application, 2017 - 2030 (USD Million)
5.6.3. Market estimates and forecasts, by application, 2017 - 2030 (Kilograms)
5.6.4. Brazil
5.6.4.1. Market estimates and forecasts, 2017 - 2030 (Kilograms) (USD Million)
5.6.4.2. Market estimates and forecasts, by application, 2017 - 2030 (USD Million)
5.6.4.3. Market estimates and forecasts, by application, 2017 - 2030 (Kilograms)
5.7. Middle East & Africa
5.7.1. Market estimates and forecasts, 2017 - 2030 (Kilograms) (USD Million)
5.7.2. Market estimates and forecasts, by application, 2017 - 2030 (USD Million)
5.7.3. Market estimates and forecasts, by application, 2017 - 2030 (Kilograms)
Chapter 6. Magnetic Beads Market: Competitive Analysis
6.1. Key Global Player, Their Initiatives, & Their Impact on the Market
6.2. Competitive Environment
6.3. Vendor Landscape
6.4. Public Companies
6.4.1. Company Market Positioning
6.4.2. SWOT
6.5. Private Companies
6.5.1. List of Key Emerging companies and their geographical presence
Chapter 7. Company Profiles
7.1. Thermo Fisher Scientific Inc.
7.1.1. Company Overview
7.1.2. Financial Performance
7.1.3. Product Benchmarking
7.1.4. Strategic Initiatives
7.2. Merck KGaA
7.2.1. Company Overview
7.2.2. Financial Performance
7.2.3. Product Benchmarking
7.2.4. Strategic Initiatives
7.3. Bangs Laboratories Inc
7.3.1. Company Overview
7.3.2. Financial Performance
7.3.3. Product Benchmarking
7.3.4. Strategic Initiatives
7.4. Spherotech, Inc
7.4.1. Company Overview
7.4.2. Financial Performance
7.4.3. Product Benchmarking
7.4.4. Strategic Initiatives
7.5. GenScript
7.5.1. Company Overview
7.5.2. Financial Performance
7.5.3. Product Benchmarking
7.5.4. Strategic Initiatives
7.6. CardioGenics Inc
7.6.1. Company Overview
7.6.2. Financial Performance
7.6.3. Product Benchmarking
7.6.4. Strategic Initiatives
7.7. Bio-Rad Laboratories, Inc
7.7.1. Company Overview
7.7.2. Financial Performance
7.7.3. Product Benchmarking
7.7.4. Strategic Initiatives
7.8. Miltenyi Biotec
7.8.1. Company Overview
7.8.2. Financial Performance
7.8.3. Product Benchmarking
7.8.4. Strategic Initiatives
7.9. Ferrotec (USA) Corporation
7.9.1. Company Overview
7.9.2. Financial Performance
7.9.3. Product Benchmarking
7.9.4. Strategic Initiatives
7.10. Eurofins Technologies
7.10.1. Company Overview
7.10.2. Financial Performance
7.10.3. Product Benchmarking
7.10.4. Strategic Initiatives
7.11. Micromod Partikeltechnologie GmbH
7.11.1. Company Overview
7.11.2. Financial Performance
7.11.3. Product Benchmarking
7.11.4. Strategic Initiatives
7.12. New England Biolabs
7.12.1. Company Overview
7.12.2. Financial Performance
7.12.3. Product Benchmarking
7.12.4. Strategic Initiatives
7.13. Rockland Immunochemicals, Inc.
7.13.1. Company Overview
7.13.2. Financial Performance
7.13.3. Product Benchmarking
7.13.4. Strategic Initiatives
7.14. MagQu Co. Ltd
7.14.1. Company Overview
7.14.2. Financial Performance
7.14.3. Product Benchmarking
7.14.4. Strategic Initiatives
List of Tables
Table 1 Magnetic beads market estimates and forecasts in bioresearch, 2017 - 2030 (Kilograms) (USD Million)
Table 2 Magnetic beads market estimates and forecasts in In- vitro diagnostics, 2017 - 2030 (Kilograms) (USD Million)
Table 3 Magnetic beads market estimates and forecasts in other applications, 2017 - 2030 (Kilograms) (USD Million)
Table 4 North America magnetic beads market estimates & forecasts, 2017 - 2030 (Kilograms) (USD Million)
Table 5 North America magnetic beads market estimates & forecasts, by application, 2017 - 2030 (Kilograms)
Table 6 North America magnetic beads market estimates & forecasts, by application, 2017 - 2030 (USD Million)
Table 7 U.S. magnetic beads market estimates & forecasts, 2017 - 2030 (Kilograms) (USD Million)
Table 8 U.S. magnetic beads market estimates & forecasts, by application, 2017 - 2030 (Kilograms)
Table 9 U.S. magnetic beads market estimates & forecasts, by application, 2017 - 2021 (USD Million)
Table 10 Canada magnetic beads market estimates & forecasts, 2017 - 2030 (Kilograms) (USD Million)
Table 11 Canada magnetic beads market estimates & forecasts, by application, 2017 - 2030 (Kilograms)
Table 12 Canada magnetic beads market estimates & forecasts, by application, 2017 - 2030 (USD Million)
Table 13 Mexico magnetic beads market estimates & forecasts, 2017 - 2030 (Kilograms) (USD Million)
Table 14 Mexico magnetic beads market estimates & forecasts, by application, 2017 - 2030 (Kilograms)
Table 15 Mexico magnetic beads market estimates & forecasts, by application, 2017 - 2030 (USD Million)
Table 16 Europe magnetic beads market estimates & forecasts, 2017 - 2030 (Kilograms) (USD Million)
Table 17 Europe magnetic beads market estimates & forecasts, by application, 2017 - 2030 (Kilograms)
Table 18 Europe magnetic beads market estimates & forecasts, by application, 2017 - 2030 (USD Million)
Table 19 Germany magnetic beads market estimates & forecasts, 2017 - 2030 (Kilograms) (USD Million)
Table 20 Germany magnetic beads market estimates & forecasts, by application, 2017 - 2030 (Kilograms)
Table 21 Germany magnetic beads market estimates & forecasts, by application, 2017 - 2030 (USD Million)
Table 22 U.K. magnetic beads market estimates & forecasts, 2017 - 2030 (Kilograms) (USD Million)
Table 23 U.K. magnetic beads market estimates & forecasts, by application, 2017 - 2030 (Kilograms)
Table 24 U.K. magnetic beads market estimates & forecasts, by application, 2017 - 2030 (USD Million)
Table 25 France magnetic beads market estimates & forecasts, 2017 - 2030 (Kilograms) (USD Million)
Table 26 France magnetic beads market estimates & forecasts, by application, 2017 - 2030 (Kilograms)
Table 27 France magnetic beads market estimates & forecasts, by application, 2017 - 2030 (USD Million)
Table 28 Asia Pacific magnetic beads market estimates & forecasts, 2017 - 2030 (Kilograms) (USD Million)
Table 29 Asia Pacific magnetic beads market estimates & forecasts, by application, 2017 - 2030 (Kilograms)
Table 30 Asia Pacific magnetic beads market estimates & forecasts, by application, 2017 - 2030 (USD Million)
Table 31 China magnetic beads market estimates & forecasts, 2017 - 2030 (Kilograms) (USD Million)
Table 32 China magnetic beads market estimates & forecasts, by application, 2017 - 2030 (Kilograms)
Table 33 China magnetic beads market estimates & forecasts, by application, 2017 - 2030 (USD Million)
Table 34 India magnetic beads market estimates & forecasts, 2017 - 2030 (Kilograms) (USD Million)
Table 35 India magnetic beads market estimates & forecasts, by application, 2017 - 2030 (Kilograms)
Table 36 India magnetic beads market estimates & forecasts, by application, 2017 - 2030 (USD Million)
Table 37 Japan magnetic beads market estimates & forecasts, 2017 - 2030 (Kilograms) (USD Million)
Table 38 Japan magnetic beads market estimates & forecasts, by application, 2017 - 2030 (Kilograms)
Table 39 Japan magnetic beads market estimates & forecasts, by application, 2017 - 2030 (USD Million)
Table 40 Central & South America magnetic beads market estimates & forecasts, 2017 - 2030 (Kilograms) (USD Million)
Table 41 Central & South America magnetic beads market estimates & forecasts, by application, 2017 - 2030 (Kilograms)
Table 42 Central & South America magnetic beads market estimates & forecasts, by application, 2017 - 2030 (USD Million)
Table 43 Brazil magnetic beads market estimates & forecasts, 2017 - 2030 (Kilograms) (USD Million)
Table 44 Brazil magnetic beads market estimates & forecasts, by application, 2017 - 2030 (Kilograms)
Table 45 Brazil magnetic beads market estimates & forecasts, by application, 2017 - 2030 (USD Million)
Table 46 Middle East & Africa magnetic beads market estimates & forecasts, 2017 - 2030 (Kilograms) (USD Million)
Table 47 Middle East & Africa magnetic beads market estimates & forecasts, by application, 2017 - 2030 (Kilograms)
Table 48 Middle East & Africa magnetic beads market estimates & forecasts, by application, 2017 - 2030 (USD Million)
List of Figures
FIG. 1 Information Procurement
Fig. 2 Primary Research Pattern
Fig. 3 Primary Research Process
Fig. 4 Market Research Approaches - Bottom-Up Approach
Fig. 5 Market Research Approaches - Top-Down Approach
Fig. 6 Market Research Approaches - Combined Approach
Fig. 7 Regional Outlook
Fig. 8 Segmental Outlook
Fig. 9 Competitive Outlook
Fig. 10 Magnetic beads market - Value chain analysis
Fig. 11 Magnetic beads market: Driver analysis
Fig. 12 Healthcare spending as a % of GDP (2019)
Fig. 13 Magnetic beads market: Driver analysis
Fig. 14 Magnetic beads Market: Application Movement Analysis, 2021 & 2030
Fig. 16 Key company categorization
Fig. 17 Company market positioning

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

Methodology

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