Europe Magnetic Beads Market By Magnetism (Ferrimagnetic and Superparamagnetic), By Size (Less than 5um, 5-20 um, 20-40 um and 40 um & above), By Application (Next-generation Sequencing (NGS), Biomolecules Separation & Purification, Molecular & Immunodiagnostics and Others), By Country, Growth Potential, Industry Analysis Report and Forecast, 2020 - 2026
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Market Report Description
The Europe Magnetic Beads Market would witness market growth of 12.3% CAGR during the forecast period (2020-2026). A magnetic bead is an effective tool, which is utilized to make stirring action when placed in a suitable liquid solution underneath a magnetic stirrer plate.
The process of separation of DNA or RNA is a very crucial in biochemical & diagnosis. Acute respiratory infections (ARIs) are the main reason for the rising mortality & morbidity rate in children. Therefore, magnetic beads are extensively utilized for taking out DNA and RNA sample, which assists to examine ARIs and also helps in decreasing the risk attached to the infection.
Moreover, the downstream functions like cloning, detection, hybridization, sequencing, and cDNA synthesis are performed by utilizing magnetic beads. The segment of the clinical laboratory is broadly using magnetic beads in analyzer kits, which assist to examine the viral DNA and RNA from serum, plasma, & various other body fluids effectively. Additionally, nucleic acid correctly sticks to the surface of magnetic beads and effectively eliminates all the toxicity like salts & metabolites. Magnetic beads are also utilized in biomedical applications that are created by using magnetic material, which is compressed in the polymer shell.
This easy usage makes them automation friendly and appropriate for different applications that includes sample making procedure for next-generation sequencing (NGS) and PCR, protein purification, molecular & immunodiagnostics, and magnetic-activated cell sorting (MACS). These magnetic beads also help in resolving certain challenges faced in obtaining nucleic acids from various types of samples.
The Biomolecules Separation & Purification market dominated the Italy Magnetic Beads Market by Application in 2019, thereby, achieving a market value of $12.1 million by 2026. The Next-generation Sequencing (NGS) market is exhibiting a CAGR of 13.6% during (2020 - 2026). The Molecular & Immunodiagnostics market is showcasing a CAGR of 15.9% during (2020 - 2026).
Based on Magnetism, the market is segmented into Ferrimagnetic and Superparamagnetic. Based on Size, the market is segmented into Less than 5um, 5-20 um, 20-40 um and 40 um & above. Based on Application, the market is segmented into Next-generation Sequencing (NGS), Biomolecules Separation & Purification, Molecular & Immunodiagnostics and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Thermo Fisher Scientific, Inc., Merck Group, Bangs Laboratories, Inc. (Polysciences, Inc.), Spherotech, Inc., Promega Corporation, Zeesan Biotech Co., Ltd., Vazyme Biotech Co., Ltd., Magbio Genomics, Inc., Calbiotech, Inc. (Erba Diagnostics Ltd. Group), and New England BioLabs, Inc.
Scope of the Study
Market Segments Covered in the Report:
- Less than 5um
- 5-20 um
- 20-40 um
- 40 um & above
- Next-generation Sequencing (NGS)
- Biomolecules Separation & Purification
- Molecular & Immunodiagnostics
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Thermo Fisher Scientific, Inc.
- Merck Group
- Bangs Laboratories, Inc. (Polysciences, Inc.)
- Spherotech, Inc.
- Promega Corporation
- Zeesan Biotech Co., Ltd.
- Vazyme Biotech Co., Ltd.
- Magbio Genomics, Inc.
- Calbiotech, Inc. (Erba Diagnostics Ltd. Group)
- New England BioLabs, Inc.
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