According to the latest report by IMARC Group, titled, “Magnetic Beads Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, Offers a comprehensive analysis of the industry, which comprises insights on the global magnetic beads market. the global magnetic beads market reached a value of US$ 1.82 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.75 Billion by 2027, exhibiting at a CAGR of 12.70% during 2022-2027. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.
Magnetic beads are iron oxides-based nanoparticles employed in molecular biology operations like next-generation sequencing (NGS), quantitative PCR (qPCR), droplet digital PCR (ddPCR), polymerase chain reaction, and various other amplification and genotyping applications. Additionally, it is used for protein purification, as well as as a carrier of antigens, antibodies and catalyzers. These beads are widely used in MRI (magnetic particle imaging) and nanomaterial-based catalysis.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Global Magnetic Beads Market Trends and Drivers:
The increasing adoption of nanotechnology in multiple medical applications and the rapid advancement of technologies in the medical sector are driving the global magnetic beads market. For instance, these beads are being increasingly used in lab-on-a-chip systems. Similarly, magnetic beads-based kits are being used for purifying samples of SARS-CoV-2, the virus that causes the coronavirus disease (COVID-19). Additionally, the use of magnetic beads containing graphite carbon is being studied for removing colors and organic substances from livestock wastewater. Such developments are projected to augment the demand for magnetic beads from non-medical sectors.
Global Magnetic Beads Market 2022-2027 Competitive Analysis and Segmentation:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
The report has segmented the market based on component, mobility, application and vertical.
Breakup by Type:
Breakup by Magnetic Core:
Breakup by Size:
Breakup by Application:
Breakup by Region:
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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