The North America Magnetic Beads Market is expected to witness market growth of 12% CAGR during the forecast period (2020-2026).
Due to the versatility of magnetic beads and their capability to offer faster results, there is a shifting preference for in-vitro diagnostic testing, which is expected to fuel the growth of the market during the forecast period. These magnetic beads are manufactured by using iron oxide nanoparticles like magnetite nanoparticles which are around 20 nm to 30 nm in size. The difference between these magnetic beads and general ferromagnets is that they show magnetic behavior only in the presence of an external magnetic field. Due to this feature, magnetic beads are utilized without any concern about undesirable clumping. There has been an increased demand for in-vitro diagnostics in the medical and healthcare sector due to its reliability, versatility, and ability to deliver quick outcomes.
There are rising investments in genetic & microbiology research activities that are anticipated to open new growth prospects for the market during the forecast period. These magnetic beads find potential application in protein purification, polymerase chain reaction (PCR) testing, next-generation sequencing (NGS), and magnetic-activated cell sorting (MACS). Toxicity Assessment of magnetic bead is the major limitation of the market. The growing research and production of nanoparticles have led to the increasing requirements for reliable and standardized procedures for calculating the toxicity of the nanoparticles under various biological, exposure, and dosing conditions.
Rules and regulations play an important part in case of nanoparticle-enabled products like magnetic beads. It is important to include some efficient ways of communication among regulatory authorities, developers, and researchers that allow the reliable transformation of research results, which are important to evaluate the toxicity of the nanoparticles, thus keeping the product safety intact for medical & industrial applications.
The US market dominated the North America Biomolecules Separation & Purification Market by Country in 2019, thereby, achieving a market value of $166 million by 2026. The Canada market is experiencing a CAGR of 12.8% during (2020 - 2026). Additionally, The Mexico market is expected to witness a CAGR of 12.6% 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 U.S., Mexico, Canada, and Rest of North America.
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:
By Magnetism
By Size
By Application
By Country
Companies Profiled
Unique Offerings from the Publisher
Due to the versatility of magnetic beads and their capability to offer faster results, there is a shifting preference for in-vitro diagnostic testing, which is expected to fuel the growth of the market during the forecast period. These magnetic beads are manufactured by using iron oxide nanoparticles like magnetite nanoparticles which are around 20 nm to 30 nm in size. The difference between these magnetic beads and general ferromagnets is that they show magnetic behavior only in the presence of an external magnetic field. Due to this feature, magnetic beads are utilized without any concern about undesirable clumping. There has been an increased demand for in-vitro diagnostics in the medical and healthcare sector due to its reliability, versatility, and ability to deliver quick outcomes.
There are rising investments in genetic & microbiology research activities that are anticipated to open new growth prospects for the market during the forecast period. These magnetic beads find potential application in protein purification, polymerase chain reaction (PCR) testing, next-generation sequencing (NGS), and magnetic-activated cell sorting (MACS). Toxicity Assessment of magnetic bead is the major limitation of the market. The growing research and production of nanoparticles have led to the increasing requirements for reliable and standardized procedures for calculating the toxicity of the nanoparticles under various biological, exposure, and dosing conditions.
Rules and regulations play an important part in case of nanoparticle-enabled products like magnetic beads. It is important to include some efficient ways of communication among regulatory authorities, developers, and researchers that allow the reliable transformation of research results, which are important to evaluate the toxicity of the nanoparticles, thus keeping the product safety intact for medical & industrial applications.
The US market dominated the North America Biomolecules Separation & Purification Market by Country in 2019, thereby, achieving a market value of $166 million by 2026. The Canada market is experiencing a CAGR of 12.8% during (2020 - 2026). Additionally, The Mexico market is expected to witness a CAGR of 12.6% 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 U.S., Mexico, Canada, and Rest of North America.
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:
By Magnetism
- Ferrimagnetic
- Superparamagnetic
By Size
- Less than 5um
- 5-20 um
- 20-40 um
- 40 um & above
By Application
- Next-generation Sequencing (NGS)
- Biomolecules Separation & Purification
- Molecular & Immunodiagnostics
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Companies Profiled
- 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.
Unique Offerings from the Publisher
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. North America Magnetic Beads Market by Magnetism
Chapter 4. North America Magnetic Beads Market by Size
Chapter 5. North America Magnetic Beads Market by Application
Chapter 6. North America Magnetic Beads Market by Country
Chapter 7. Company Profiles
Companies Mentioned
- 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.
Methodology
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