Market Overview:
Magnetic beads & particles are used as carriers of antibodies, antigens, catalyzers, proteins as well as nucleic acids, allowing action on viruses, cells, bacteria, & other biological entities. Magnetic beads are the ultimate tool for immobilizing molecules such as proteins or nucleic acids on a solid phase. They can be additionally used in many applications. This magnetic bead separation process is efficient, rapid, and clean and many scientists are using it to substitute centrifugation, filtration, as well as separation techniques. These are used for immunoprecipitation applications. These ensure the rapid & reproducible isolation of proteins.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Thermo Fisher Scientific Inc (United States), Merck KGaA, Darmstadt (Germany), Polysciences, Inc. (United States), Qiagen (Germany), MagQu Co. Ltd. (Taiwan), FUJIFILM Wako Pure Chemical Corporation (Japan), Takara Bio Inc. (Japan), Spherotech Inc (United States), Cube Biotech GmbH (Germany) and Lab on a Bead AB (Sweden) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region or narrow down segments in the final scope subject to feasibility |
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics of major and emerging geographies across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Key Players of Magnetic Beads Market Study:
Thermo Fisher Scientific Inc (United States), Merck KGaA, Darmstadt (Germany), Polysciences, Inc. (United States), Qiagen (Germany), MagQu Co. Ltd. (Taiwan), FUJIFILM Wako Pure Chemical Corporation (Japan), Takara Bio Inc. (Japan), Spherotech Inc (United States), Cube Biotech GmbH (Germany) and Lab on a Bead AB (Sweden)
Magnetic Beads Market Segment Analysis
Scope | Sub-Segments |
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Application / End User | Human Cell Separation, Animal cell separation (clinical study) and Secondary cell separation |
End Users | Healthcare Facilities (Hospitals, Clinics, and Others),Individual Pathology Labs,Research Institutes,Others |
Magnetic Beads Size | Small beads (1-10 µm),Medium beads (20-40 µm),Large beads (70-120 µm) |
Isolation Technique | Positive,Negative,Others (Depletion, and Others) |
Influencing Trend:
Widely Used in Diagnostic Assays Due to its Ability to Simplify and Streamline Complex Processes
Market Growth Drivers:
Growing Number of Life Sciences Research Activities, Rising Need to Identify Antigens That Are Related To Autoimmune Diseases and High Demand in The Biopharmaceuticals Field Involving The Application, Opportunities For New Innovation in The Field of Life Science
Challenges:
Quality Concerns over Research Antibodies
Restraints:
High Costs Associated With This Technique and Lack of Awareness among Technicians
Opportunities:
Growing Genomics & Proteomics Research with the Increasing Adoption of Immunoprecipitation in the Coming Years and Growing Funding for Cell-Based R&D by Government and Biotechnology companies
Some of the other players that are also part of study are CardioGenics Holdings (United States), Cortex Biochem, Inc. (United States), Promega Corporation (United States), GenScript (United States) and BioVision Inc (United States). The Global Magnetic Beads market is gaining huge competition due to involvement of German, and United States companies that constantly invest in research & development to meet market expectation with new innovation.
Latest Industry Highlights:
In February 2022, Ferrotec Corporation's Magnetic Nanoparticle Development Kits are a collection of solutions specifically designed for the production of microspheres for in vitro diagnostic applications. Ferrotec's MNP solution can significantly increase the microsphere surface area, thus improving the reactivity, accuracy, and specificity of his IVD applications such as immunoassays, bioseparations, and molecular diagnostics.
In March 2022, FUJIFILM Cellular Dynamics and Promega Corporation partnered to advance the development of new drug discovery tests. Under a multi-year license agreement, researchers and scientists will combine Fujifilm Cellular Dynamics' customized differentiated induced pluripotent stem cell capabilities with Promega's biosensing and Intracellular bioluminescence reporter functions can be used in combination.
In the United States, the Food and Drug Administration (FDA) is the regulatory body responsible for the safety and efficacy of medical devices, including magnetic beads used in diagnostic applications. Manufacturers and distributors of magnetic beads intended for medical use may need to comply with FDA regulations and obtain appropriate clearances or approvals.
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Magnetic Beads market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Magnetic Beads market.
Identification of total players or companies operating in the global market which is further concentrated to fewer or most impacting players which are considered under the reports scope. In order to make a priority list sorting is done based on revenue generated based on the latest reporting with the help of paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Magnetic Beads Providing Biotech Companies, Healthcare Industry, Pharmaceutical Industry, Government and Research Organizations, Industry Associations and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.