Overview and Scope
Sample preparation is a technique that is used for converting biological and chemical products into a form that can be placed directly in analytical instruments for analysis.
Sizing and Forecast
The sample preparation market size has grown strongly in recent years. It will grow from $8.75 billion in 2023 to $9.38 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to life sciences research and diagnostics, drug discovery and development, clinical and molecular diagnostics, academic and government funding, biotechnology and pharmaceutical industry growth..
The sample preparation market size is expected to see strong growth in the next few years. It will grow to $12.79 billion in 2028 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to high-throughput sample preparation automation, sample preparation for single-cell analysis, liquid biopsy sample preparation, point-of-care and at-home testing, emerging markets and research initiatives, ai-driven sample preparation protocols.. Major trends in the forecast period include miniaturized and portable sample preparation devices, sample preparation for crispr-based gene editing, sample preparation for metagenomics and microbiome studies, sustainable and green sample preparation materials, 3d-printed sample preparation devices, digital sample tracking and data management.
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Segmentation & Regional Insights
The sample preparation market covered in this report is segmented –
1) Sample Preparation Market By Product: Sample Preparation Instruments, Consumables, Sample Preparation Kit
2) Sample Preparation Market By Application: Proteomics, Genomics, Epigenomics, Other Applications
3) Sample Preparation Market By End User: Pharmaceutical, Biotechnology, Molecular Diagnostics, Other End Users
Top Major Players
Motorola Solutions Inc.
Harris Corporation
Cartel Communication Systems Inc.
BK Technologies Inc.
TE Connectivity Ltd.
North America was the largest region in the sample preparation market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sample preparation market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
An increase in R&D spending in pharmaceuticals is expected to drive the growth of the sample preparation market in the coming years. Although pharmaceutical analyses have been performed using a variety of highly efficient analytical instruments, most sample preparation procedures are required to extract and isolate the analytes of interest from these complex matrixes because most analytical instruments cannot handle the matrix directly. The advancement of sample preparation is critical in pharmaceutical analysis, with the ultimate goal of isolating and purifying the analyte from complex matrixes. According to the National Centre for Biotechnology Information, a US-based government organization, pharmaceutical spending increased by 7.7% in 2021 to reach $576.9 billion in the US. In 2022, they forecast rises in prescription drug spending of 4.0% to 6.0% overall, 7.0% to 9.0% in clinics, and 3.0% to 5.0% in hospitals. Therefore, the increase in R&D spending in pharmaceuticals propels the growth of the sample preparation market.
Key Industry Players
Major companies operating in the sample preparation market include Agilent Technologies Inc., Bio-Rad Laboratories Inc., Danaher Corporation, Illumina Inc., QIAGEN N.V., PerkinElmer Inc., F. Hoffmann-La Roche Ltd., Tecan Group Ltd., Hamilton Company, Norgen Biotek Corporation, Waters Corporation, Promega Corporation, Biotage AB, Merck KGaA, Thermo Fisher Scientific Inc., Roche Applied Science, Medline Industries Inc., Sartorius AG, Zymo Research Corporation, BioChain Institute Inc., BioVision Inc., Cell Signaling Technology Inc., EMD Millipore Corporation, Epigentek Group Inc., GE Healthcare Technologies Inc., GenScript Biotech Corporation, Gilson Inc., GlycoMatrix Inc., Harvard Bioscience Inc., InSphero AG
The sample preparation market report table of contents includes:
1. Executive Summary
2. Sample Preparation Market Characteristics
3. Sample Preparation Market Trends And Strategies
4. Sample Preparation Market – Macro Economic Scenario
5. Global Sample Preparation Market Size and Growth
…..
32. Global Sample Preparation Market Competitive Benchmarking
33. Global Sample Preparation Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Sample Preparation Market
35. Sample Preparation Market Future Outlook and Potential Analysis
36. Appendix
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