Meticulous Research®—a leading market research company, published a research report titled, ‘Sample Preparation Market by Product (Workstation, Instrument {Pipette, Washer, Centrifuge, Grinder}, Consumable {Kits, Filters, Plates}) Technique (Solid Phase Extraction, Purification) Application (Drug Discovery, Diagnostic) - Global Forecast to 2030.'

According to this latest publication from Meticulous Research®, the sample preparation market is projected to reach $11.7 billion by 2030, at a CAGR of 6.1% from 2023 to 2030. The growth of this market is driven by technological advancements in sample preparation techniques, increasing adoption of process automation, development of bio-clusters to foster research, increasing R&D investments, and active research in the area of genomics and proteomics. However, the high cost of the system installation restrains this market's growth to a notable extent. Additionally, emerging economies and the growing adoption of personalized medicine offer opportunities for market growth. However, high maintenance of the systems is the major challenge for the market growth.

Key Players

The key players operating in the sample preparation market are Agilent Technologies, Inc. (U.S.), Bio-Rad Laboratories, Inc. (U.S.), Danaher Corporation (U.S.), Illumina, Inc. (U.S.), Merck KGaA (Germany), Hamilton Company (U.S.), PerkinElmer, Inc. (U.S.), Qiagen N.V. (Netherlands), F. Hoffmann-La Roche Ltd (Switzerland), Thermo Fisher Scientific Inc. (U.S.), Tecan Group Ltd. (Switzerland), Promega Corporation (U.S.), and Norgen Biotek Corp. (Canada).

The sample preparation market is segmented by product (sample preparation workstations, instruments [liquid handling systems {pipetting systems, reagent dispensers, microplate washers, other liquid handling systems}, extraction systems, filtration systems, purification systems, weighing systems, grinders and homogenizers, centrifuges, other sample preparation systems], consumables [sample preparation kits {purification kits (DNA purification kits, RNA purification kits, nucleic acid purification kits, protein purification kits), isolation kits (DNA isolation kits, RNA isolation kits, nucleic acid isolation kits, protein isolation kits), extraction kits (DNA extraction kits, RNA extraction kits, nucleic acid extraction kits, protein extraction kits)}, filters, tubes, plates, other consumables], software), technique (liquid liquid extraction, solid phase extraction [adsorption, charge (anion/cation exchange), mixed modes, QuEChERS], solid phase microextraction, filtration, purification, other techniques), application (drug discovery, diagnostics, genomics studies, proteomics studies, analytical testing, toxicology testing, other applications), end user (pharmaceutical & biotechnology companies, contract research organizations (CRO), academic & research institutes, hospital & diagnostics laboratories, food & beverage companies, environmental testing laboratories, other end users), and geography. The study also evaluates industry competitors and analyzes the regional and country-level markets.

Among the products included in the report, the consumables segment is projected to register for the highest CAGR during the forecast period. Consumables include sample preparation kits, columns, filters, plates, and others. Sample preparation kits will help improve the quality of purification, isolations, and extractions, increasing the lab’s efficiency and decreasing sample variability. Hence, there will be an increase in the adoption of these kits while extracting or isolating the proteins or nucleic acids from the sample. Also, the new product launches will further contribute to the segment’s growth.

Among the techniques included in the report, in 2023, the solid phase extraction segment is expected to account for the largest share of the sample preparation market. Solid phase extraction technique is widely used due to its rapid and selective sample preparation process. Due to its advantages, this technique has been adopted for various applications, including pharmaceutical compounds, drugs of abuse, environmental pollutants, pesticides, agriculture compounds, fractionation of lipids, desalting of proteins and peptides, and water which contributes to the segment’s largest share. 

Among the applications included in the report, in 2023, the drug discovery segment is expected to account for the largest share of the sample preparation market. Higher demand for pharmaceutical and biopharmaceutical products, accelerated research in biopharmaceuticals, and high prevalence of infectious diseases and non-infectious diseases driving the need for innovative therapies is why there was a rise in the adoption of sample preparation products.

Among the end users included in the report, in 2023, the pharmaceutical & biotechnology companies segment is expected to account for the largest share of the sample preparation market. The large market share of this segment is attributed to the increased adoption of sample preparation systems by pharmaceutical and biotechnology companies for various applications, including drug discovery, toxicology testing, and vaccine research. Furthermore, high spending on pharmaceutical R&D and a burden on pharmaceutical companies to introduce novel therapies to the market are driving the demand for sample preparation systems.

Geographic Review

This research report analyzes major geographies and provides a comprehensive analysis of North America (U.S. and Canada), Europe (Germany, France, U.K., Italy, Spain, and the Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), and the Middle East & Africa. In 2023, North America is expected to account for the largest share of the sample preparation market, followed by Europe and Asia-Pacific. The well-established healthcare system, deployment of automated systems and workstations in the research labs, and the presence of key players are some of the major factors contributing to the large share of this market.

Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5527

Key questions answered in the report-

Which are the high-growth market segments in terms of product, technique, application, end user, and geography?
What was the historical market for sample preparation across the globe?
What are the market forecasts and estimates for the period 2023–2030?
What are the major drivers, restraints, opportunities, and challenges in the sample preparation market?
Who are the major players in the sample preparation market?
What is the competitive landscape, and who are the market leaders in the sample preparation market?

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