Global Magnetic Beads Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Magnetic Beads Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Magnetic beads are an ideal tool for immobilizing molecules like proteins (enzymes, antibodies, peptides etc.) or nucleic acids on a solid phase; they can be further used in various applications: Isolating specific molecules of interest (ligand) (preparative applications); Detecting specific molecules of interest (ligand) (diagnostic applications); Isolating specific molecules of interest (ligand) (preparative applications).

Market Overview:

The latest research study on the global Magnetic Beads market finds that the global Magnetic Beads market reached a value of USD 1491.06 million in 2022. It’s expected that the market will achieve USD 2158.57 million by 2028, exhibiting a CAGR of 6.36% during the forecast period.

Downstream market demand significantly increased

Bioseparation and magnetic resonance imaging are perhaps the most widespread use of magnetic beads. Under the Covid-19 Outbreak, the demand for outbreak diagnosis, vaccine development, and medical research has greatly increased. Correspondingly, the investment in research and development of bioseparation and magnetic resonance imaging technology will be increased.

People's attention to medicine will accelerate the application of magnetic beads in the medical field

Medical applications include targeted drug delivery, magnetic resonance imaging, diagnostics and targeted destruction of tumors by intercellular hyperthermia. Furthermore, magnetic beads can also be used as contrast agents for magnetic resonance imaging. The epidemic will increase people's investment in medical research and accelerate the application of the product in the medical field.

Accelerate the decline of small and medium oil manufacturers

Under such circumstances, small and medium-sized producers will face greater market shocks, tight cash flow and sluggish market may accelerate the decline of SMEs, and further accelerate the industry's monopoly pace and increase concentration.

Strength

Magnetic beads are considered a powerful tool for a variety of research and medical applications. In fact, this technique has driven a technological revolution in biological research.

Most leading companies in the industry have a scale advantage, which provides a strong expenditure for the sustainable development of the company.

Weakness

The magnetic beads industry is a knowledge- and technology-intensive industry, and there is a great demand for compound talents with rich practical experience. At present, the lack of high-end professional and technical personnel has become one of the bottlenecks in the development of the magnetic beads industry.

Opportunities

The global magnetic beads application industry continues to achieve technological breakthroughs, and the industry is developing well.
There are more developing countries in the region, where the population is rising and the development of the different industry brought with a lot of demand for Magnetic Beads.

Threat

Key technological breakthroughs require large and continuous capital investment, which is undoubtedly a big challenge for enterprises.

Region Overview:

In 2021, the share of the Magnetic Beads market in North America stood at 32.77%.

Company Overview:

Thermo Fisher Scientific (Dynal) is one of the major players operating in the Magnetic Beads market, holding a share of 11.72% in 2022.

Thermo Fisher Scientific (Dynal)

Thermo Fisher Scientific Inc. provides analytical and other instruments, laboratory equipment, software, consumables, reagents, instrument systems, chemicals, supplies, and services under the Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, and Unity Lab Services brands worldwide. Its Life Sciences Solutions segment offers reagents, instruments, and consumables for biological and medical research, discovery and production of new drugs and vaccines, and diagnosis of diseases to pharmaceutical, biotechnology, agricultural, clinical, academic, and government markets. Its Analytical Instruments segment offers instruments, consumables, software, and services for use in laboratory, on production line, and in field for pharmaceutical, biotechnology, academic, government, environmental, and research and industrial markets, as well as clinical laboratories.

Miltenyi Biotec

Miltenyi Biotec GmbH develops and manufactures cell labeling reagents, cell separation and analysis devices, and systems for clinical applications globally. The company’s products include MACS sample preparation, cell separation, flow cytometry, cell culture and stimulation, and molecular; and imaging products. Its research areas include immunology, stem cell research, neuroscience, cardiovascular, and cancer research; and clinical applications include clinical development, graft engineering, immunotherapy, tissue regeneration, CliniMACS system, MACS GMP products, CryoMACS freezing products, and TheraSorb. The sells its products through a distributor network worldwide.

Segmentation Overview:

Among different product types, Cells segment is anticipated to contribute the largest market share in 2027.

Application Overview:

The market's largest segment by application is the segment Cell Separation & Cell Expansion, with a market share of 39.76% in 2021.

Key Companies in the global Magnetic Beads market covered in Chapter 3:

Rockland
Bio Rad
Merck Millipore
Miltenyi Biotec
Abraxis
Bang Laboratories
Agilent
PerkinElmer chemagen Technologie GmbH
Thermo Fisher Scientific (Dynal)
GE Healthcare
New England Biolabs
Spherotech
Takara (Clontech)
GenScript
Qiagen
Cube Biotech

In Chapter 4 and Chapter 14.2, on the basis of types, the Magnetic Beads market from 2018 to 2029 is primarily split into:

Cells
Pathogenic Microorganisms
Nucleic Acids
Peptide
Protein

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Magnetic Beads market from 2018 to 2029 covers:

Cell Separation & Cell Expansion
Exosome Analysis
Protein Sample Prep & Protein Isolation
Ivd Assay Development
Nucleic Acid Isolation

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)