Market Overview:
Sample preparation involves procedures that are aimed at extracting the target analytes from complex sample matrices prior to their analysis. It involves processes such as microtomy, homogenization, centrifugation and filtration that help isolate and purify biomolecules and compounds of interest from various samples types including tissue, microbial colonies, and environmental samples.
Market key trends:
Automation and integrated solutions are emerging as a key trend in the sample preparation market. Growing demand for high-throughput processing and increased reproducibility is driving the demand for automated, integrated sample preparation instruments and consumables. Automated systems with integrated liquid handling capabilities help streamline workflow and reduce manual errors and unnecessary sample cross-contamination. They ensure consistent, high quality sample preparation with minimal hands-on time. This is especially important for analysis of large number of clinical samples.
Here are the Segment Analysis and Key Takeaways for the given market name:
Segment Analysis
Content: The sample preparation market is segmented based on product type, workflow, application and end user. Based on product type, the consumables segment currently dominates the market owing to their frequent usage and high demand. The consumables segment includes sample collection, extraction, isolation, filtration consumables which forms an integral part of sample processing workflow.
The global Sample Preparation Market Growth is estimated to be valued at US$ 45.83 million in 2023 and is expected to exhibit a CAGR of 6.4% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Key Takeaways
The global sample preparation market is expected to witness high growth, exhibiting CAGR of 6.4% over the forecast period, due to increasing R&D investments in life science research and drug discovery.
Regional analysis: North America dominates the global sample preparation market currently due to presence of global key players and rapid adoption of advanced technologies. Asia Pacific is expected to grow at the highest CAGR during the forecast period attributed to increasing investments by pharmaceutical and biotechnology companies in countries like China and India.
Key players: Key players operating in the sample preparation market are F. Hoffmann-La Roche AG, Bio-Rad Laboratories, Inc., Thermo Fisher Scientific Inc., Agilent Technologies, Inc., Danaher Corporation, Qiagen N.V., PerkinElmer, Inc., Illumina, Inc. and Merck KGaA. Thermo Fisher Scientific and Merck KGaA have emerged as dominant players with strong consumables and workflow product portfolios.
