LAMEA 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 Latin America, Middle East and Africa Magnetic Beads Market would witness market growth of 13.7% CAGR during the forecast period (2020-2026). Several kinds of magnetic beads are available in the market. Various surface coatings and chemistries provide every kind of bead with its own distinct binding properties that are further help in the magnetic separation process of proteins, nucleic acids, or many more biomolecules in a very efficient, easy, and convenient way.
There is a porous center in the magnetic beads, which helps in improving their binding capacity. Though, they have comparatively smaller in size that assists them to gain optimum antibody binding capacity. They also allow more effective antibody consumption. Magnetic beads do not need big amounts of antibody to give precise results. These beads are non-porous to allow complete binding of the antibody when exposed to the exterior surface of the beads. This binding capacity makes it suitable for various types of research and testing procedures, which would further contribute to the rising demand for magnetic beads in the market during the forecast period.
There are various technological advancements that occurred in the magnetic beads industry. Along with this, there are many government and commercial authorities that further increasing the investments in the healthcare sector. Magnetic beads are used in the various testing processes and separation processes of blood compounds of the human body.
The Brazil market dominated the LAMEA Molecular & Immunodiagnostics Market by Country in 2019, thereby, achieving a market value of $10.8 million by 2026. The Argentina market would witness a CAGR of 15.7% during (2020 - 2026). Additionally, The UAE market is experiencing a CAGR of 14.7% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
- Saudi Arabia
- South Africa
- Rest of LAMEA
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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