Press release
Magnetic Beads Market Forecast Report 2027: Thermofisher, Merck, Bangs Laboratories, Qiagen, Takara Bio, Rockland Immunochemicals, New England Biolabs
With significant expansion of proteomics and genomics research coupled with increasing adoption of immunoprecipitation technique, global magnetic beads market is estimated to witness tremendous growth over the coming years. Magnetic beads technology is gaining immense popularity across biopharmaceuticals industry for developing innovative solutions pertaining to life sciences. Besides, growing application of magnetic beads in bioassays for extraction of nucleic acids is also increasing the product demand.
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Technological developments in magnetic beads industry is opening new growth avenues for the market. Various manufacturers are designing platforms for diagnosis of cancer using magnetic beads. IBA, for instance, offers MagStrep Type3 XT beads layered with ferri-magnetic spheres along with high binding capacity. According to the company, these beads are useful in small scale purification systems.
Quoting another instance, in 2020, AMSBIO launched a range of magnetic beads coupled with SARS-CoV-2 Spike protein that offer convenience and minimum non-specific binding. According to the company, these magnetic beads are designed for immunocapture, biopanning, cell stimulating and flow cytometry applications. Such developments will transform the industry outlook in coming years.
According to a recent report by Global Market Insights, Inc., magnetic beads market size is projected to surpass USD 4.4 Billion by 2027.
An insight into the major segments that are augmenting the industry outlook is as follows:
Based on the product type, cells µbes segment is likely to record a lucrative growth rate of 12% through 2027 owing to increasing popularity of these magnetic beads. Cells µbes type of magnetic beads include targeting cells particularly for depletion or selection by using ligands or antibodies and are attached on the external part of magnetic beads. In addition, magnetic sorting through magnetic beads has become a regular methodology for cell separation which is favoring the segment to a great extent.
Based on the application bifurcation, protein sample preparation & protein purification segment accounted for a sizeable market share of around 14% in 2020 and is anticipated to witness an appreciable growth over the forthcoming years. This can be attributed to the growing preference for protein sample preparation & protein purification using magnetic beads as they eliminate the need for additional reagents or equipment such as centrifuges or columns. In addition, magnetic beads are easy to track during different steps of protein purification processes which helps in expediting the procedure. This makes magnetic beads popular across various industrial applications. For instance, the U.S. based biotech firm GenScript offers AsmMag magnetic bead-based, antibody purification platform.
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Based on end-use bifurcation, individual pathology labs are estimated to observe a robust CAGR of over 14% through 2027 owing to the availability of magnetic beads in these labs which helps in providing comprehensive, specific and accurate diagnosis. In addition, presence of physicians highly trained in the diagnosis and detection of diseases is supporting the segment growth further.
Regionally, magnetic beads market in Asia Pacific recorded a significant valuation of over USD 340 million in 2020 and is expected to grow over time. The growth can be credited to thriving diagnostics and healthcare industry in the region. From the past few years, the region is observing a considerable rise in the adoption of in-vitro diagnostic technology which is positively influencing the demand for magnetic beads. This technology plays a key role in the diagnosis and treatment of several medical conditions including cancer and brain tumor.
Partial Chapter of the Table of Content
Chapter 4 Magnetic Beads Market, By Type
4.1 Key segment trends
4.2 Cells & microbes
4.2.1 Market size, by region, 2016 – 2027
4.3 Nucleic acid
4.3.1 Market size, by region, 2016 – 2027
4.4 Proteins
4.4.1 Market size, by region, 2016 – 2027
4.5 Others
4.5.1 Market size, by region, 2016 – 2027
Chapter 5 Magnetic Beads Market, By Application
5.1 Key segment trends
5.2 Cell separation & expansion
5.2.1 Market size, by region, 2016 – 2027
5.3 Protein sample preparation & protein purification
5.3.1 Market size, by region, 2016 – 2027
5.4 IVD assay development
5.4.1 Market size, by region, 2016 – 2027
5.5 Nucleic acid isolation
5.5.1 Market size, by region, 2016 – 2027
5.6 Immunoprecipitation
5.6.1 Market size, by region, 2016 – 2027
5.7 Exosome analysis
5.7.1 Market size, by region, 2016 – 2027
5.8 Antibody purification
5.8.1 Market size, by region, 2016 – 2027
5.9 Others
5.9.1 Market size, by region, 2016 – 2027
Browse full table of contents (TOC) of this report @ https://www.gminsights.com/toc/detail/magnetic-beads-market
Related News - https://www.gminsights.com/industry-analysis/telemedicine-equipment-market
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
About Global Market Insights, Inc.
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
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