Press Release

Global Sample Preparation Market to Grow at a CAGR of 5.7% During 2021-2026, Driven by the Increase in Research and Development Related Activities

Global Sample Preparation Market

According to a new report by EMR titled, ‘Global Sample Preparation Market Report and Forecast 2021-2026’, the market is expected to grow at a CAGR of 5.7% in the forecast period of 2021-2026.

The global sample preparation industry is being driven by the increase in research and development related activities in the life sciences industry across the globe. The increasing need for analysis of food due to the rising safety concerns and the adoption of modern extraction techniques have significantly boosted the growth of the industry. The market is also supported by the international collaborations among leading research and development institutes to discover new drugs and shift from manual sample preparation to workstations. In developing countries like India, the growing population and increasing number of biopharmaceutical companies have significantly contributed to the growth of the market. Further, the increased penetration of the leading companies in the Asia Pacific region is also aiding the industry growth. During the forecast period, the Asia Pacific is expected to observe a healthy growth owing to the rapidly increasing population, high investment by the market players, and growing awareness about genomics.

The growing sample preparation applications in the biopharmaceutical industry are significantly contributing to the market growth. In January 2020, Agilent Technologies Inc. (NYSE: A), one of the key players in the market, introduced a new product SureSelect XT HS2 DNA Kit designed to address major challenges that biotechnology laboratories experience when preparing DNA sequencing libraries for their research. The product can multiplex hundreds of samples in a single sequencing run, which, in turn, reduces sequencing costs and creates robust sample preparation pipelines to process samples in an efficient and integrated way. Such developments are expected to positively impact the industry growth.

Market Analysis by Product, Application, End User, and Region:

  • The market on the basis of product can be divided into sample preparation instrument, consumables, and sample preparation kit. Among these, the sample preparation instrument segment is subdivided into extraction system, workstation, automated evaporation system, and liquid handling instrument, among others, while the sample preparation kit segment is further categorised into purification kit, isolation kit, and extraction kit.
  • On the basis of application, the industry can be divided into proteomics, genomics, and epigenomics, among others.
  • Based on end user, the industry is divided into pharmaceuticals, biotechnology, and molecular diagnostics, among others.
  • Region-wise, the global market for sample preparation can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The global market for sample preparation is being driven by the increasing research and development spending related to pharmaceuticals.
  • The growing biotechnology industry has significantly contributed to the market expansion.
  • The global outbreak of the COVID-19 pandemic has significantly boosted vaccine development activities, which, in turn, is expected to favour the market growth in the forecast period.
  • The adoption of modern clinical strategies around the world is also aiding the industry growth.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for sample preparation for the periods (2016-2020) and (2021-2026).
  • The report also offers the historical (2016-2020) and forecast (2021-2026) markets for the products, applications, end users, and regions of sample preparation.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global sample preparation market are Agilent Technologies, Inc., Bio-Rad Laboratories, Inc., Beckman Coulter, Inc., PerkinElmer Inc., and QIAGEN GmbH, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.