Europe Magnetic Beads Market Size & Outlook, 2021-2030
Europe magnetic beads market, 2017-2030 (US$M)
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Europe magnetic beads market highlights
- The Europe magnetic beads market generated a revenue of USD 826.9 million in 2021.
- The market is expected to grow at a CAGR of 11.9% from 2022 to 2030.
- In terms of segment, in-vitro diagnostics was the largest revenue generating application in 2021.
- In-vitro Diagnostics is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, France is expected to register the highest CAGR from 2022 to 2030.
Europe data book summary
| Market revenue in 2021 | USD 826.9 million |
| Market revenue in 2030 | USD 2,283.1 million |
| Growth rate | 11.9% (CAGR from 2021 to 2030) |
| Largest segment | In-vitro diagnostics |
| Fastest growing segment | In-vitro Diagnostics |
| Historical data covered | 2017 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bioresearch, In-vitro Diagnostics, Other Applications |
| Key market players worldwide | Thermo Fisher Scientific Inc, Merck KGaA, Genscript Biotech Corp Class H, CardioGenics Holdings Inc, Bio-Rad Laboratories Inc, Miltenyi Biotec, Ferrotec Holdings Corp, Eurofins Scientific SE, New England Biolabs |
Other key industry trends
- In terms of revenue, Europe region accounted for 29.7% of the global magnetic beads market in 2021.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 128.1 million by 2030.
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Magnetic Beads Market Scope
Magnetic Beads Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe magnetic beads market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to magnetic beads market will help companies and investors design strategic landscapes.
In-vitro diagnostics was the largest segment with a revenue share of 59.55% in 2021. Horizon Databook has segmented the Europe magnetic beads market based on bioresearch, in-vitro diagnostics, other applications covering the revenue growth of each sub-segment from 2017 to 2030.
Europe is home to some of the most industrialized economies in the world. The region has seen relative stability, in terms of annual growth rate. According to the European Commission, in 2020, the European economy was hit hard in the first quarter of 2020 on account of the COVID-19 pandemic, however, it rebounded significantly as containment measures were slowly eased.
According to the IMF, with the outbreak of COVID-19 throughout Europe, the economic recovery post-2020 is sluggish. On the other hand, swift vaccination drive, and improved private spending are progressing and Europe's GDP growth is expected to rebound by 4.5% in 2021, according to the IMF.
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Target buyers of Europe magnetic beads market databook
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Our clientele includes a mix of magnetic beads market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe magnetic beads market , including forecasts for subscribers. This continent databook contains high-level insights into Europe magnetic beads market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Europe magnetic beads market size, by country, 2017-2030 (US$M)
Europe Magnetic Beads Market Outlook Share, 2021 & 2030 (US$M)
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