Market research report of nucleic acid extraction kit by magnetic bead method

1. Industry background and development status quo

As a core tool in the field of molecular diagnostics and biotechnology, the magnetic bead nucleic acid extraction kit has expanded rapidly in recent years due to the growing demand for precision medicine and public health events. Its technical principle is based on the specific combination of magnetic beads and nucleic acid, and has the advantages of high efficiency, high degree of automation and good purity. It is widely used in clinical diagnosis (such as infectious disease detection, tumor screening), scientific research and biopharmaceutical fields.

The industry originated in the 1990s, mainly used for scientific research in the early stage; after 20 00, it gradually entered the clinical market and accelerated in SARS and swine flu. The COVID-19 epidemic has become a key turning point. The surge in demand for nucleic acid testing has driven the explosive growth of the market. China has become the fastest growing region in the world with its huge population base and policy support.

2. Market size and growth trend

Global and domestic market size:

According to Global Growth Insights data, the global market size will be about $1.13 billion in 2024 and is expected to reach $3.5 billion by 2032, with a compound annual growth rate of 9.5%. This growth was mainly driven by the need for clinical diagnosis, gene sequencing and public health testing, especially the penetration of high-throughput testing during COVID-19 accelerated technology penetration.

Among the product types, fully automatic kits account for about 40%, while semi-automatic and manual kits account for 30% and 30%, respectively. Automatic products dominate the high-end market due to their efficiency advantages.

area distribution:

Domestic demand is concentrated in first-tier cities and coastal areas, and the central and western regions have significant potential to improve the medical level, and the growth of middle and low-end products is fast.

3. Market drivers

The core of magnetic bead method is to use magnetic beads coated with silicon groups or ion exchange materials to achieve efficient nucleic acid purification through four steps of cracking, adsorption, washing and elution. Compared with the traditional centrifugation method, its automatic compatibility (support for 96 / 384-well plate operation) and high purity extraction ability (recovery rate of more than 80%) have become the core competitiveness. In downstream applications, tumor liquid biopsy, prenatal screening (NIPT), and pathogen detection (such as respiratory viruses) account for more than 60%, while the demand for NGS library construction drives high-end kits (e. g. AMPure XP) growth by 22% annually.

4. Competitive pattern and challenges

The market presents the characteristics of oligopoly and local rise coexist. International giants such as Thermo Fisher (MagJET) and Beckman (AMPure XP) account for about 55%, and their products are known for their stability and high adaptability. Domestic enterprises, such as Tiangen Biology and Zhuhai Borui Biology and Shanghai LingJun Biotech seize the middle and low-end market through cost advantage (the price is 30-50% lower than that of imported products) and customized services. The fully automatic platform launched by Wuxi Nisi can reduce the extraction time to 3-5 minutes. In terms of geographical distribution, North America (32%) and Asia Pacific (28%) are the two main markets. China promotes domestic substitution due to medical reform policies, and the market size has increased by 35% year-on-year in 2023.

Main challenges:

Homogenized competition: price war reduces profit space, and enterprises need differentiated innovation.

Quality and standards: Some low-cost products have hidden safety risks, so supervision and brand construction need to be strengthened.

International trade risks: raw material price fluctuations and international policy changes affect the stability of the supply chain.

5. future expectations

Technology trends: Automatic system, intelligent extraction equipment and magnetic bead material optimization will be the focus of research and development.

Market potential: the penetration rate of primary health care and home testing scenarios increased, and the export demand in emerging markets (such as Southeast Asia) increased.

Policy opportunities: the “14th Five-Year” bioeconomic planning and other policies continue to be favorable to promote industry standardization and internationalization.

Conclusion: The market of magnetic bead nucleic acid extraction kit will continue to expand under the triple drive of technology, policy and demand, but enterprises need to cope with the challenges of intensified competition and quality control, and seize the first opportunity through innovation and global layout.

Supplier

Shanghai Lingjun Biotechnology Co., Ltd. was established in 2016 which is a professional manufacturer of biomagnetic materials and nucleic acid extraction reagents.

We have rich experience in nucleic acid extraction and purification, protein purification, cell separation, chemiluminescence, and other technical fields.

Our products are widely used in many fields, such as medical testing, genetic testing, university research, genetic breeding, and so on. We not only provide products but also can undertake OEM, ODM, and other needs. If you have a related need, please feel free to contact us at sales01@lingjunbio.com.