Sample Preparation Market Predicted Double-Digit Growth Rate by 2024

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Global Sample Preparation Market: Overview

In the recent years, the global sample preparation market has grown and developed to a large extent. In general terms, sample preparation is a technique wherein any sample of an item is analyzed and then used for preparation. Differentiation is seen on the basis of product, application, end-user, and geography. Further subdivision is seen into instruments, consumables, and other sample preparation products. Sample preparation is carried out at research and academic institutes, pharmaceutical and biotechnology industry, and food and beverage industry. Factors such as advancement in technology, increasing research activities and increasing investments are responsible for the overall growth of the market.
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Global Sample Preparation Market: Segmentation

The global sample preparation market is segmented into its product, application, end-user, and geography. Based on product, the market is divided into instruments, consumables, accessories and other sample preparation products. Instruments segment is subdivided into extraction systems, sample preparation workstations/systems, liquid handling systems, which further includes pipetting systems, liquid handling workstations, microplate washer, reagent dispensers and other instruments. Consumables segment is subdivided into filters, kits, columns, plates, tubes and other consumables. On the basis of application, the global sample preparation market is segregated into proteomics, genomics, epigenomics, epigenetics and other applications. Based on end-user, the global sample preparation market division is seen into research and academic institutes, pharmaceutical and biotechnology industry, food and beverage industry and other end-users. Diversification of the global sample preparation market is seen into regions such as Asia-Pacific, Europe, North America and Rest of the World.

Global Sample Preparation Market: Growth Factors

Increasing research activities in genomics, the shift from manual sample preparation to workstations, patents and copyrights, global alliances among leading research institutes to improve drug discovery, and technological advancements in analytical instruments demand better samples are some of the major factors driving the sample preparation market. Other factors include rising adoption of modern extraction techniques, increasing life sciences, increasing investments and need for food analysis due to safety concerns. In addition, rapid advancement in technology and increasing emphasis on forensic testing and biodefense in developing as well as developed countries are giving the boost to the sample preparation market globally. However, factors such as high cost of workstations, difficulties in developing standardized protocols for sample preparation, lack of expertise in designing technologically advanced products, and less informed consumers may cause a restraint in the market.

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Global Sample Preparation Market: Regional Analysis

The largest share of the sample preparation market is anticipated to be from North America in the coming years. North America will be followed by Asia Pacific, Europe, the Middle East and Africa, Latin America and Rest of the World. Growth will be visible in countries such as Japan, China, the U.S., the U.K., Canada, Germany, Brazil, Mexico and South Africa. The main reason for this development is the increased use of sample preparation in the end-user industries.

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Global Sample Preparation Market: Competitive Players

Some of the major companies in the global sample preparation market are Danaher Corporation, Agilent Technologies Inc., Illumina Inc., PerkinElmer Inc., QIAGEN N.V, Bio-Rad Laboratories Inc., Norgen Biotek Corporation, Thermo Fisher Scientific Inc., Hamilton Company, Merck Millipore, Tecan Group Ltd., Promega Corporation, Sartorius, Sigma-Aldrich, Biotage AB, Waters Corporation and Roche Applied Science.

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