Mexico Magnetic Beads Market Size & Outlook, 2021-2030
Mexico magnetic beads market, 2017-2030 (US$M)
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Mexico magnetic beads market highlights
- The Mexico magnetic beads market generated a revenue of USD 46.4 million in 2021 and is expected to reach USD 134.9 million by 2030.
- The Mexico market is expected to grow at a CAGR of 12.6% 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 46.4 million |
| Market revenue in 2030 | USD 134.9 million |
| Growth rate | 12.6% (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, Mexico accounted for 1.7% 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 North America, U.S. magnetic beads market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 134.9 million by 2030.
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Magnetic Beads Market Scope
Magnetic Beads Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico 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 61.64% in 2021. Horizon Databook has segmented the Mexico 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 World Bank, Mexico is the second-largest economy in North America and the 15th largest economy in the world. Over the last few years, North America has witnessed economic volatility because of stringent trade policies by the U.S. on the import of Chinese goods.
This has adversely affected the regional growth on a macro-economic level and created favorable grounds for investments in Mexico. According to the IMF forecasts, the Mexican GDP contracted by 8.2% in 2020. However, the GDP is anticipated to improve in the coming years with the IMF forecasting 5% growth in 2021 and 3% growth in 2022, depending on post-pandemic global economic recovery.
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Our clientele includes a mix of magnetic beads market companies, investment firms, advisory firms & academic institutions.
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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 country-level data and insights on the Mexico magnetic beads market , including forecasts for subscribers. This country databook contains high-level insights into Mexico magnetic beads market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico magnetic beads market size, by application, 2017-2030 (US$M)
Mexico Magnetic Beads Market Outlook Share, 2021 & 2030 (US$M)
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