Global Magnetic Beads Market size was valued at US$ 1.89 Bn in 2019 and the total revenue is expected to grow at 17.5 % through 2020 to 2026, reaching nearly US$ XX Bn.

The global Magnetic Beads market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Magnetic Beads report also provides trends by market segments, technology, and investment with a competitive landscape.
Global Magnetic Beads Market Overview:

Magnetic beads are manufactured from iron oxide nanoparticles like magnetite nanoparticles with sizes of around 20 nm to 30 nm. These are widely used in the healthcare sector. The rising demand for in-vitro diagnostic testing owing to their versatility and ability to provide quick results is driving the market growth.
Global Magnetic Beads Market Dynamics:

Inspection and distillation of antibodies and proteins is a key factor drive the magnetic beads market demand. The growth of the market is attributed to phosphopeptide development, modified drug delivery through medical treatment, and increasing demand from biomedical applications for performing treatment as well as research. However, rising awareness and increasing adoption of the various technologies for medical purposes is further creating opportunities for the magnetic beads market growth during the forecast period 2020-2026. Growing investments in genetic microbiology research activities are expected to enhance the product demand during the forecast period. Their key applications like next-generation sequencing, polymerase chain reaction testing, protein purification, and magnetic-activated cell sorting.

Growing research and production of nanoparticles have need more reliable and standardized methods for assessing the toxicity of the nanoparticles under different exposure, biological, and dosing conditions, which are the major challenging factors for the market. Furthermore, protein and cellular purification is a laborious process and requires additional accelerators like the addition of fine particles, this factor hampers the global magnetic-beads market growth.
Global Magnetic Beads Market Segment Analysis:

By Type, the magnetic beads market is segmented into cells microbes, nucleic acid, and proteins. The cell microbes segment valued at more than USD 400 million in 2019 thanks to it involves targeting cells for depletion or selection using antibodies that are attached on the surface of magnetic beads and are directed against specific cell surface antigens. Magnetic cell management is among the standard steps in several research fields such as medicine, tissue engineering, coupled with basic and important biomedical research, driving the segment growth in the market.

Global Magnetic Beads Market

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By Application, the market is segmented into cell separation expansion, in-vitro diagnostics, exosome analysis, protein sample preparation protein purification, nucleic acid isolation, immunoprecipitation, and antibody purification. The immunoprecipitation segment accounted for over 12% market growth during the forecast period. Immunoprecipitation is a key method widely utilized in every scientific research study.

By End-Use, the market is segmented into healthcare facilities, individual pathology labs, and research labs. The research labs segment is expected to register around 35.1% magnetic beads market share in 2019. Growth in research studies across the world for finding new methods of diagnostics and therapeutics accelerates the use of magnetic beads, fuelling the segment growth. The increasing number of research labs in emerging regions is expected to grow the market during the forecast period.

Global Magnetic Beads Market
Global Magnetic Beads Market Regional Insights:

North America is expected to dominate the Global Magnetic Beads Market

North America accounted for more than 45% share in terms of revenue in 2019. Increasing genetic research facilities across the world and thus growing demand for magnetic beads in the region. Additionally, the rising demand for in-vitro tests from the U.S. and Canadian healthcare sectors is further propelling the market growth.

Europe is expected to register a CAGR of more than 15.2% during the forecast period 2020-2026. This is because rising product adoption for diagnosis and treatment of various medical operations like cancer and brain tumor is expected to boost the product demand in the healthcare sector.

Asia Pacific is expected to witness significant growth during the forecast period thanks to the increasing growth of healthcare and diagnostics industries in the region. Rising adoption rate of in-vitro diagnostic technology along with the investments in the development of healthcare infrastructure is estimated to propel the product demand in the region during the forecast period.

Global Magnetic Beads Market

The objective of the report is to present a comprehensive analysis of the Global Magnetic Beads market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the Global Magnetic Beads market dynamics, structure by analyzing the market segments and project the Global Magnetic Beads market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Magnetic Beads market make the report investor’s guide.
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Global Magnetic Beads Market
Global Magnetic Beads Market, by Region

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
Global Magnetic Beads Market Key Players

• 3M
• Airex Filter Corporation
• Koch Filter
• Freudenberg Filtration Technologies SE Co. KG
• Donaldson Company, Inc.
• Camfil AB
• Parker Hannifin Corporation
• DENSO Corporation
• Clark Air Systems
• Spectrum Filtration Pvt. Ltd.
• Danaher
• Alfa Laval
• Eaton
• Parker Hannifin
• Others

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