UK Magnetic Beads Market Size & Outlook, 2021-2030
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UK magnetic beads market highlights
- The UK magnetic beads market generated a revenue of USD 92.8 million in 2021 and is expected to reach USD 258.2 million by 2030.
- The UK market is expected to grow at a CAGR of 12% 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 92.8 million |
| Market revenue in 2030 | USD 258.2 million |
| Growth rate | 12% (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, UK accounted for 3.3% 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.
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Magnetic Beads Market Scope
Magnetic Beads Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| CardioGenics Holdings Inc | View profile | 4 | 6295 Northam Drive, Unit 8, Mississauga, ON, Canada, L4V 1W8 | http://www.cardiogenics.com |
| Ferrotec Holdings Corp | View profile | 13116 | 2-3-4 Nihonbashi, Chuo-ku, Nihonbashi Plaza Building, Tokyo, Japan, 103-0027 | http://www.ferrotec.co.jp |
| New England Biolabs | View profile | 501-1000 | Ipswich, Massachusetts, United States, North America | http://neb.com |
| Genscript Biotech Corp Class H | View profile | 6937 | No. 28, Yongxi Road, Jiangning Science Park, Jiangsu Province, Nanjing, China, People's Republic of, 211100 | https://www.genscript.com |
| Miltenyi Biotec | View profile | 1001-5000 | Bergisch Gladbach, Nordrhein-Westfalen, Germany, Europe | http://www.miltenyibiotec.com |
| Eurofins Scientific SE | View profile | 61798 | 23 Val Fleuri, Luxembourg, Luxembourg, L-1526 | https://www.eurofins.com |
| Bio-Rad Laboratories Inc | View profile | 8030 | 1000 Alfred Nobel Drive, Hercules, CA, United States, 94547 | https://www.bio-rad.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
| Merck KGaA | View profile | 62345 | Frankfurter Strasse 250, Darmstadt, HE, Germany, 64293 | https://www.emdgroup.com |
UK 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 58.41% in 2021. Horizon Databook has segmented the UK 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 OECD, the UK is anticipated to witness strong GDP growth of around 7.20% in 2021 and 5.50% in 2022, a majority of the population is vaccinated and economic constraints are gradually relaxed. The GDP growth is driven by a resurgence in consumption, in terms of services.
High levels of mergers and acquisitions coupled with extensive R&D in the pharmaceutical industry are expected to augment the market growth. A favorable legal and regulatory environment coupled with a coherent industrial strategy is expected to have a positive impact on the market growth in the UK.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK magnetic beads market , including forecasts for subscribers. This country databook contains high-level insights into UK magnetic beads market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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UK magnetic beads market size, by application, 2017-2030 (US$M)
UK Magnetic Beads Market Outlook Share, 2021 & 2030 (US$M)
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