Market Overview:
The global magnetic bead purification COVID-19 testing kit market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing incidence of COVID-19, rising demand for rapid diagnosis and treatment, and technological advancements in magnetic bead purification kits. However, the high cost of these kits may restrain the growth of this market during the forecast period. On the basis of type, silica magnetic beads are expected to account for a major share of this market during the forecast period. This can be attributed to their high efficiency in separating target molecules from complex sample matrices. Polymer magnetic beads are also anticipated to witness significant growth during the forecast period owing to their ability to bind specifically with target molecules present in samples.
Product Definition:
A Magnetic Bead Purification COVID-19 Testing Kit is a device that is used to purify blood samples for the detection of the COVID-19 virus. The kit contains a number of magnetic beads that are coated with an antibody that specifically binds to the COVID-19 virus. When a blood sample is added to the kit, the magnetic beads bind to any viral particles present in the sample. The bound particles are then removed from solution by applying a magnet, leaving behind only purified blood. This allows for more accurate and reliable detection of COVID-19 virus in samples.
Silica Magnetic Beads:
Silica magnetic beads are used in COVID-19 testing kits to remove the contamination that is present on surfaces of test tubes and droplets. The contamination can be caused due to a number of reasons, for instance, air bubbles or oil particles can get trapped between the layers during sample preparation. These beads are also useful in other applications such as protein purification and DNA isolation protocols.
Polymer Magnetic Beads:
Polymer magnetic beads are used in COVID-19 testing kits to separate the beads from plasma. The separation process is based on a phenomenon known as Magnetism Resonance Transfer (MRT). MRT involves the use of a magnetic field, which attracts and holds the bead particles allowing them to be separated from other particles present in plasma.
The polymer magnetic bead market size was valued at USD 472 million in 2018.
Application Insights:
The academic institutes application segment accounted for the largest share of over 50% in 2017. The use of magnetic beads for purification and testing is an ongoing trend in academic research laboratories across the world. These products help enhance the separation and identification of various biomolecules, including viruses, bacteria, proteins, DNA & RNA with high specificity and efficiency.
Infectious diseases testing laboratories at hospitals & diagnostic centers are also increasingly using these products to prepare biohazardous materials for disposal or safe storage as per regulatory guidelines set by agencies such as EPA (U.S.) or Health Canada (Canada). The hospital-based diagnostics units are also widely adopting these kits to diagnose COVID-19 due to its low infectious dose that makes it suitable for researchers working with biosafety level 3 pathogens that have been known to cause disease outside the body during biopsy or surgery procedures on patients¢â‚¬â„¢ bodies.
Regional Analysis:
North America dominated the global market in 2018 owing to the presence of a large number of COVID-19 testing laboratories and rising government funding for R&D activities. The U.S.-based companies are engaged in extensive research on virus purification techniques, which is anticipated to positively impact the North American regional market over the forecast period.
The Asia Pacific regional market is expected to grow at a lucrative rate over the forecast period owing to increasing investments by governments and private players for developing healthcare infrastructure in emerging countries such as China, India, Singapore, Thailand, and Japan. Moreover, these countries have witnessed several COVID-19 positive cases recently; hence this has led to an increase in demand for virus purification tests across various sectors including academic institutes & hospitals & diagnostic centers among others.
Growth Factors:
- Increasing demand for rapid and accurate diagnosis of COVID-19
- Rising prevalence of COVID-19
- Technological advancements in magnetic bead purification methods for COVID-19 detection
- Growing number of collaborations and partnerships between diagnostic companies and research institutes to develop novel tests for COVID-19
- Government initiatives to support the development of novel diagnostic tests for early detection of COVID-19
Scope Of The Report
Report Attributes
Report Details
Report Title
Magnetic Bead Purification COVID-19 Testing Kit Market Research Report
By Type
Silica Magnetic Beads, Polymer Magnetic Beads, Others
By Application
Academic Institutes, Hospitals and Diagnostic Centers, Others
By Companies
Thermo Fisher Scientific, Roche, Qiagen, Corning, Precision System Science, Magbio Genomics, Omega Bio-tek, Takara, PerkinElmer, Covaris, Thermo Fisher Scientific, Eurofins Abraxis,Inc., Analytik Jena, Zymo Research, Creative Diagnostics, Sansure Biotech, Daan Gene
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
188
Number of Tables & Figures
132
Customization Available
Yes, the report can be customized as per your need.
Global Magnetic Bead Purification COVID-19 Testing Kit Market Report Segments:
The global Magnetic Bead Purification COVID-19 Testing Kit market is segmented on the basis of:
Types
Silica Magnetic Beads, Polymer Magnetic Beads, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Academic Institutes, Hospitals and Diagnostic Centers, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Thermo Fisher Scientific
- Roche
- Qiagen
- Corning
- Precision System Science
- Magbio Genomics
- Omega Bio-tek
- Takara
- PerkinElmer
- Covaris
- Thermo Fisher Scientific
- Eurofins Abraxis,Inc.
- Analytik Jena
- Zymo Research
- Creative Diagnostics
- Sansure Biotech
- Daan Gene
Highlights of The Magnetic Bead Purification COVID-19 Testing Kit Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Silica Magnetic Beads
- Polymer Magnetic Beads
- Others
- By Application:
- Academic Institutes
- Hospitals and Diagnostic Centers
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Magnetic Bead Purification COVID-19 Testing Kit Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
The Magnetic Bead Purification COVID-19 Testing Kit is a laboratory tool that can be used to test for the presence of magnetic beads in a sample. The kit includes instructions and materials necessary for performing the test.
Some of the key players operating in the magnetic bead purification covid-19 testing kit market are Thermo Fisher Scientific, Roche, Qiagen, Corning, Precision System Science, Magbio Genomics, Omega Bio-tek, Takara, PerkinElmer, Covaris, Thermo Fisher Scientific, Eurofins Abraxis,Inc., Analytik Jena, Zymo Research, Creative Diagnostics, Sansure Biotech, Daan Gene.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Magnetic Bead Purification COVID-19 Testing Kit Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Magnetic Bead Purification COVID-19 Testing Kit Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Magnetic Bead Purification COVID-19 Testing Kit Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Magnetic Bead Purification COVID-19 Testing Kit Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Magnetic Bead Purification COVID-19 Testing Kit Market Size & Forecast, 2018-2028
4.5.1 Magnetic Bead Purification COVID-19 Testing Kit Market Size and Y-o-Y Growth
4.5.2 Magnetic Bead Purification COVID-19 Testing Kit Market Absolute $ Opportunity
Chapter 5 Global Magnetic Bead Purification COVID-19 Testing Kit Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Magnetic Bead Purification COVID-19 Testing Kit Market Size Forecast by Type
5.2.1 Silica Magnetic Beads
5.2.2 Polymer Magnetic Beads
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Magnetic Bead Purification COVID-19 Testing Kit Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Magnetic Bead Purification COVID-19 Testing Kit Market Size Forecast by Applications
6.2.1 Academic Institutes
6.2.2 Hospitals and Diagnostic Centers
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Magnetic Bead Purification COVID-19 Testing Kit Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Magnetic Bead Purification COVID-19 Testing Kit Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Magnetic Bead Purification COVID-19 Testing Kit Analysis and Forecast
9.1 Introduction
9.2 North America Magnetic Bead Purification COVID-19 Testing Kit Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Magnetic Bead Purification COVID-19 Testing Kit Market Size Forecast by Type
9.6.1 Silica Magnetic Beads
9.6.2 Polymer Magnetic Beads
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Magnetic Bead Purification COVID-19 Testing Kit Market Size Forecast by Applications
9.10.1 Academic Institutes
9.10.2 Hospitals and Diagnostic Centers
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Magnetic Bead Purification COVID-19 Testing Kit Analysis and Forecast
10.1 Introduction
10.2 Europe Magnetic Bead Purification COVID-19 Testing Kit Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Magnetic Bead Purification COVID-19 Testing Kit Market Size Forecast by Type
10.6.1 Silica Magnetic Beads
10.6.2 Polymer Magnetic Beads
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Magnetic Bead Purification COVID-19 Testing Kit Market Size Forecast by Applications
10.10.1 Academic Institutes
10.10.2 Hospitals and Diagnostic Centers
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Magnetic Bead Purification COVID-19 Testing Kit Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Magnetic Bead Purification COVID-19 Testing Kit Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Magnetic Bead Purification COVID-19 Testing Kit Market Size Forecast by Type
11.6.1 Silica Magnetic Beads
11.6.2 Polymer Magnetic Beads
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Magnetic Bead Purification COVID-19 Testing Kit Market Size Forecast by Applications
11.10.1 Academic Institutes
11.10.2 Hospitals and Diagnostic Centers
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Magnetic Bead Purification COVID-19 Testing Kit Analysis and Forecast
12.1 Introduction
12.2 Latin America Magnetic Bead Purification COVID-19 Testing Kit Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Magnetic Bead Purification COVID-19 Testing Kit Market Size Forecast by Type
12.6.1 Silica Magnetic Beads
12.6.2 Polymer Magnetic Beads
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Magnetic Bead Purification COVID-19 Testing Kit Market Size Forecast by Applications
12.10.1 Academic Institutes
12.10.2 Hospitals and Diagnostic Centers
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Magnetic Bead Purification COVID-19 Testing Kit Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Magnetic Bead Purification COVID-19 Testing Kit Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Magnetic Bead Purification COVID-19 Testing Kit Market Size Forecast by Type
13.6.1 Silica Magnetic Beads
13.6.2 Polymer Magnetic Beads
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Magnetic Bead Purification COVID-19 Testing Kit Market Size Forecast by Applications
13.10.1 Academic Institutes
13.10.2 Hospitals and Diagnostic Centers
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Magnetic Bead Purification COVID-19 Testing Kit Market: Competitive Dashboard
14.2 Global Magnetic Bead Purification COVID-19 Testing Kit Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Thermo Fisher Scientific
14.3.2 Roche
14.3.3 Qiagen
14.3.4 Corning
14.3.5 Precision System Science
14.3.6 Magbio Genomics
14.3.7 Omega Bio-tek
14.3.8 Takara
14.3.9 PerkinElmer
14.3.10 Covaris
14.3.11 Thermo Fisher Scientific
14.3.12 Eurofins Abraxis,Inc.
14.3.13 Analytik Jena
14.3.14 Zymo Research
14.3.15 Creative Diagnostics
14.3.16 Sansure Biotech
14.3.17 Daan Gene
