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Sample Preparation Market (By Product: Instrument, Consumables, Accessories; By Application: Genomics, Proteomics, Epigenetics & Epigenomics, Others; By End-User: Pharmaceutical or Biotechnology Companies, Food and Beverages Industry, Research and Academic Institutes, Others) – Global Industry Analysis, Market Size, Opportunities And Forecast, 2019 - 2026

Published : Jan 2020

Report ID: ARC1686

Pages : 190

Format : Sample Preparation Market (By Product: Instrument, Consumables, Accessories; By Application: Genomics, Proteomics, Epigenetics & Epigenomics, Others; By End-User: Pharmaceutical or Biotechnology Companies, Food and Beverages Industry, Research and Academic Institutes, Others) – Global Industry Analysis, Market Size, Opportunities And Forecast, 2019 - 2026

The global sample preparation market size is expected to reach around US$ 9.4 Bn by 2026 and growing at a CAGR of around 5.2% over the forecast period 2019 to 2026.

Sample preparation is a technique which is used for converting chemical and biological products into a form that can be placed directly in analytical instrument for analysis. The process of the sample preparation varies based on the kind of chemical or biological product using for analysis. The various steps include extraction, isolation, and purification. Generally, the cost of sample preparation ranges from USD 100 to USD 300 which includes the total cost of equipment, labor, and consumables. Quality of sample used for analysis can significantly impact the accuracy of research. The process is used in pharmaceutical and biotechnological companies, food and beverages industries, research and academic institutes, forensic laboratories, and for monitoring environmental substance.

Market Dynamics

Shift from manual to automated sample preparation method, increase in laboratory R&D spending, increasing research in the field of genomics and proteomics, and alliances among various research institutes across the globe to boost drug development are some of the key factor for the growth of the market. Furthermore, growing demand for food analysis due to safety concerns, and increasing adoption of modern extraction techniques across the world are anticipated to propel the growth of the sample preparation market in coming years.  

However, high cost of workstations, stringent protocols for the sample preparation, and lack of expertise who can handle automated sample preparation equipment are some of the factors that can restraint the market growth. 

Based on the product, the global market is divided into instruments, consumables, and accessories. Instruments can be further divided into workstations and liquid handling systems. Consumables segment is subdivided into kits, filters, plates, columns, tubes, and other consumables. In 2018, consumables segment accounted for the largest share of the market and is anticipated to grow at the significant rate during the forecast period. Automation in the sample preparation process is gaining popularity of new innovative instruments. Automation increases laboratory efficiency by decreasing human errors and also increases speed, throughput, reliability, and reproducibility.    

Based on the application of sample preparation, the market is further divided into genomics, proteomics, epigenetics & epigenomics, and others. Other applications include food testing, forensic sample preparation, and environmental monitoring. Genomics segment held the largest share of the market in 2018 and is anticipated to observe the fastest growth during the forecast period. Presence of several players in the field of genomics, wide range of applications, and increasing awareness about the same.

Based on the end-user, the market has been segmented into biotechnology and pharmaceutical industries, food and beverage industries, research and academic institutes, and other end users such as forensic laboratories, clinical research laboratories, and environmental testing industries. A biotechnology and pharmaceutical companies segment accounted for the maximum share of the market in 2018 and is expected to observe the fastest growth during the forecast period.

Geographically the market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America held the maximum share of the global sample preparation market in 2018 and is anticipated to maintain its dominance during the forecast period. This can be attributed to the presence of big biopharmaceutical companies, ongoing R&D in biopharmaceutical companies, and supportive government regulations. According to the research conducted by the Pharmaceutical Research and Manufacturers Association (PhRMA), over half of the global R&D activities performed by the U.S. firms and thereby most of the intellectual property rights hold by these companies. However, Asia Pacific is anticipated to observe the fastest growth during the forecast period. This can be attributed to investment by market players in the region and growing awareness about genomics.  

The market research study on “Sample Preparation Market – Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 – 2026”, offers a detailed insight on the global sample preparation market entailing insights on its different market segments. Market dynamics with drivers, restraints, and opportunities with their impact are provided in the report. The report provides insights into the global sample preparation market, its product, application, end-user, and major geographic regions. The report covers basic development policies and layouts of technology development processes. Secondly, the report covers global sample preparation market size and segment markets by products, applications, end-user, and geography along with the information on companies operating in the market. The sample preparation market analysis is provided for major regional markets including North America, Europe, Asia Pacific, Latin America and Middle East and Africa. For each region, the market sizes for different segments have been covered under the scope of the report.    

The players profiled in the report include Agilent Technologies, Inc., Bio-Rad Laboratories, Inc., Danaher Corporation, Hamilton Company, Illumina, Inc., Norgen Biotek Corporation, PerkinElmer, Inc., QIAGEN N.V., Roche Applied Science, Thermo Fisher Scientific, Inc., Tecan Group, Sartorius, Merck, and Promega Corporation. Dominating companies are focusing on the organic growth strategies such as product development, approvals, and launches in developed as well as in developing region. Inorganic growth strategies such as collaborations, partnerships, and mergers are also witnessed in the industry to enhance the market share. 

Market Segmentation

By Product

  • Instrument  
  • Consumables
  • Accessories

By Application

  • Genomics
  • Proteomics
  • Epigenetics & Epigenomics
  • Others 

By End-User

  • Pharmaceutical or Biotechnology Companies
  • Food and Beverages Industry
  • Research and Academic Institutes
  • Others

By Geography

North America

  • U.S.
  • Canada

Europe

  • U.K.
  • Germany
  • France
  • Spain
  • Rest of Europe

Asia-Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

Middle East & Africa

  • GCC
  • South Africa
  • Rest of Middle East & Africa

Frequently Asked Questions

What is sample preparation?

Sample preparation is a technique which is used for converting chemical and biological products into a form that can be placed directly in analytical instrument for analysis.

Where sample preparation used?

Sample preparation is used in pharmaceutical and biotechnological companies, food and beverages industries, research and academic institutes, forensic laboratories, and for monitoring environmental substance.

What are the main driver of sample preparation market?

Increase in laboratory R&D spending, increasing research in the field of genomics and proteomics, and alliances are the main driver of the sample preparation market.

How much is the sample preparation market worth?

According to Acumen Research and Consulting, the sample preparation market value is anticipated to be worth around US$ 9.4 billion in 2026.

What will be the growth rate of sample preparation market during the forecast period 2019 to 2026?

The sample preparation market is anticipated to grow over 5.2% CAGR during the forecast period 2019 to 2026.

Which region held the maximum share of the sample preparation market?

North America held maximum share in 2018 for sample preparation market.

Which are the application of sample preparation market?

The sample preparation market applications are genomics, proteomics, epigenetics & epigenomics and others.

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