Germany Magnetic Beads Market Size & Outlook, 2021-2030
Germany magnetic beads market, 2017-2030 (US$M)
Related Markets
Germany magnetic beads market highlights
- The Germany magnetic beads market generated a revenue of USD 390.2 million in 2021 and is expected to reach USD 1,010.8 million by 2030.
- The Germany market is expected to grow at a CAGR of 11.2% 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.
Magnetic beads market data book summary
| Market revenue in 2021 | USD 390.2 million |
| Market revenue in 2030 | USD 1,010.8 million |
| Growth rate | 11.2% (CAGR from 2021 to 2030) |
| Largest segment | In-vitro diagnostics |
| Fastest growing segment | In-vitro Diagnostics |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 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, Germany accounted for 14.0% of the global magnetic beads market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany magnetic beads market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 216.5 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Magnetic Beads Market Scope
Magnetic Beads Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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 59.38% in 2021. Horizon Databook has segmented the Germany magnetic beads market based on bioresearch, in-vitro diagnostics, other applications covering the revenue growth of each sub-segment from 2017 to 2030.
According to the government of Germany, the economy was hit by the COVID-19 pandemic as the GDP contracted by 5% in 2020. With COVID-19 restrictions in the process of lifting, the government has revised its growth forecast from 3% to 3.6% in 2021. However, as per the OECD economic forecast in May 2021, economic growth is expected to reach a value of 3.3 % in 2021 and 4.4 % in 2022.
Germany dominated the magnetic beads market in Europe in terms of revenue and volume in 2019, owing to the increase in demand for the product in sample testing for cardiovascular diseases and cancer. These are the two leading causes of death in Germany as per the World Health Organization (WHO).
Reasons to subscribe to Germany magnetic beads market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Germany magnetic beads market databook
-
Our clientele includes a mix of magnetic beads market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany magnetic beads market , including forecasts for subscribers. This country databook contains high-level insights into Germany magnetic beads market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Germany magnetic beads market size, by application, 2017-2030 (US$M)
Germany Magnetic Beads Market Outlook Share, 2021 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
