Press release
The Global Sample preparation market is expected to grow at an compounded annual growth rate of 7.1% between 2017 and 2021, and reach US$ 7.2 billion in 2021 :Top Keyplayers are Agilent Technologies, Inc., Danaher Corporation, Illumina Inc., QIAGEN N.V
Sample preparation is the most crucial and the biggest challenge in research and testing workflows across biopharmaceutical, basic life-science research, clinical and industrial applications. Sample preparation refers to the way in which a sample is treated prior to its analysis. It involves conversion of samples into a format which can be directly placed in the analytical instruments for analysis. The sample quality that emerges from the preparation tasks can greatly impact the outcome of the research. Preparation is the most vital step in most analytical procedures since the methods are often not receptive in its in-situ form. The sample preparation market comprises products used to prepare biological as well as chemical samples.
Both academic institutions and industries are bullish about investments in R&D in this sector, as these industries are primarily innovation oriented. This augurs well for the sample preparation market, as sample preparation is a requisite stage in development of products in this industry.
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Market Dynamics
The global sample preparation market is expected to grow at an compounded annual growth rate of 7.1% between 2017 and 2021, and reach US$ 7.2 billion in 2021.
The drivers of the sample preparation market are rapid advances in technology, increase in R&D spending on life-sciences, emergence of modern analytical instruments, and introduction of automated systems. Moreover, there has been an increase in research activities in genomics, shift from manual preparation to workstations, adoption of modern extraction techniques, and the increasing need for analysis for food safety.
Market Segmentation
The sample preparation market can be segmented based on end user - pharmaceutical and biotechnology industry, research and academic institutes, food and beverage industry, and other. Segmentation can also be done based on application - genomics, proteomics, epigenomics and epigenetics. In addition, sample preparation products can be segmented as instruments, workstations, liquid handling systems, pipetting systems, reagent dispensers, microplate washers, extraction systems, consumables, kits, fillers, columns, tubes.
Regional/Geographic Analysis
North America accounts for the largest share of the sample preparation market in 2016, followed by Europe, Asia-Pacific, and the rest of the world. The large share of North America can be attributed to the increased laboratory and R&D spending over the years, large scale production of genetically modified crops, and growing food testing industry in Canada. Asia-Pacific is expected to witness high growth in the coming future, mainly due to increasing investments in biotechnology and biomedical industries in China and India.
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Key Players
Agilent Technologies, Inc., Danaher Corporation, Illumina Inc., QIAGEN N.V
Report ContentsRegional AnalysisReport Highlights
Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market - Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players
North America
US and Canada
Latin America
Mexico, Brazil, Argentina and Rest of Latin America
Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe
Eastern Europe
Russia
Poland
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific
Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa
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This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage
About Kenneth Research
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation.
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