An inductive magnetoelectric biochemical reaction system includes a reaction unit which includes a reaction chamber, which includes a reactant container and is disposed in a rotatable perpendicular magnetic field; a primary coil, which is wound around one side of a closed-loop iron core and is connected to a control unit; a secondary coil, which is wound around the other side of the closed-loop iron core and includes an insulating tube which allows a reaction solution acting as a conductor, two ends of the insulating tube being communicated with the reactant container; a rotating magnetic field unit, which is configured to generate the rotatable perpendicular magnetic field; and a control unit, which is at least configured to adjust an excitation voltage and a signal type applied on the primary coil.