North America Magnetic Beads Market Size & Outlook
North America magnetic beads market, 2017-2030 (US$M)
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North America magnetic beads market highlights
- The North America magnetic beads market generated a revenue of USD 1,350.0 million in 2021.
- The market is expected to grow at a CAGR of 10.7% 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, Mexico is expected to register the highest CAGR from 2022 to 2030.
North America data book summary
| Market revenue in 2021 | USD 1,350.0 million |
| Market revenue in 2030 | USD 3,373.7 million |
| Growth rate | 10.7% (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, North America region accounted for 48.5% 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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North America 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 58.34% in 2021. Horizon Databook has segmented the North America magnetic beads market based on bioresearch, in-vitro diagnostics, other applications covering the revenue growth of each sub-segment from 2017 to 2030.
The North American holds a share of 48.9% in the global magnetic beads market led by U.S. Continuous efforts in the research & development of nanotechnology to explore potential applications in various end-use industries are expected to drive the demand for magnetic beads in the region over the forecast period.
Increased utilization of nanotechnology in biomedical and other applications owing to the unique properties offered by nanomaterials is projected to boost market growth. Furthermore, growing emphasis on the use of magnetic beads in drug delivery and other biomedical is expected to have a positive impact on market growth over the forecast period.
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Our clientele includes a mix of magnetic beads market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America magnetic beads market , including forecasts for subscribers. This continent databook contains high-level insights into North America magnetic beads market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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North America magnetic beads market size, by country, 2017-2030 (US$M)
North America Magnetic Beads Market Outlook Share, 2021 & 2030 (US$M)
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