Press release
Sample Preparation Market Poised for 9.388% % Growth, Set to Hit $23.29 Billion by 2029
Sample Preparation Market
The surge in research and development expenditure in the pharma sector is projected to fuel the expansion of the sample preparation market in the near future. Even though a diverse range of high-performance analytical tools are employed for pharmaceutical testing, majority of sample preparation processes are necessitated to extract and separate the analytes of interest from the complicated matrixes, as most analytical devices cannot directly cope with the matrix. The improvement of sample preparation is key in pharmaceutical assessment, aiming for the segregation and purification of the analyte from intricate matrixes. As reported by the National Centre for Biotechnology Information, a government agency based in the U.S., there was a 7.7% rise in pharmaceutical expenditure in 2021, totaling $576.9 billion in the U.S. They predict a growth of 4.0% to 6.0% in overall prescription drug expenditure, 7.0% to 9.0% in clinics, and 3.0% to 5.0% in hospitals for the year 2022. Consequently, the expansion in R&D expenditure on pharmaceuticals is driving the progression of the sample preparation market.
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How will the growth rate of the sample preparation market shape industry trends by 2034?
The size of the sample preparation market has witnessed a significant upsurge in the past years. The market, which was valued at $9.13 billion in 2024, is projected to climb to $9.72 billion in 2025, showing a compound annual growth rate (CAGR) of 6.4%. Several factors have credited this historic growth, including advancements in life sciences research and diagnostics, drug discovery and development, the rise in clinical and molecular diagnostics, as well as increased funding from academic and government sources in conjunction to the expansion of the biotechnology and pharmaceutical sectors.
The market size for sample preparation is projected to experience substantial growth in the coming years, escalating to $13.92 billion in 2029 with a compound annual growth rate (CAGR) of 9.4%. This anticipated development during the forecast period can be linked to factors such as the automation of high-throughput sample preparation, sample preparation for single-cell analysis, liquid biopsy sample preparation, point-of-care and at-home diagnostics, rising markets and research projects, and AI-guided sample preparation practices. Forecast trends encompass smaller, mobile sample preparation equipments, sample preparation for CRISPR-supported gene editing, sample preparation for metagenomics and microbiome investigations, environmentally friendly sample preparation materials, 3D-printed devices for sample preparation, as well as digital monitoring of samples and data administration.
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What trends are poised to drive the future success of the sample preparation market?
In the sample preparation sector, there is a rising trend of creating automated sample preparation systems. These systems utilize robotic technology to handle liquids like reagents and specimen samples to prepare them for analysis and testing. They are equipped with software and spectrometric instruments for easier sample evaluation. For example, Tecan Group Ltd., a biotech company located in Switzerland, introduced the Resolvex Prep in October 2023. It's a benchtop automation solution specifically designed for chromatography sample preparation. This instrument significantly increases the efficiency, accuracy, and dependability of sample preparation for chromatography, providing benefits to analytical chemistry, proteomics, and biomedical research sectors. The Resolvex Prep is optimized for chromatography workflows, particularly LC-MS sample prep, making it especially suitable for medium-throughput laboratories with the capacity to manage batch sizes from five to 100 samples. The system applies direct displacement to lessen solvent hazards, and can handle sealed sample tubes to avoid evaporation.
Which primary segments of the sample preparation market are driving growth and industry transformations?
The sample preparation market covered in this report is segmented -
1) By Product: Sample Preparation Instruments, Consumables, Sample Preparation Kit
2) By Application: Proteomics, Genomics, Epigenomics, Other Applications
3) By End User: Pharmaceutical, Biotechnology, Molecular Diagnostics, Other End Users
Subsegments:
1) By Sample Preparation Instruments: Automated Workstations, Extraction Systems, Liquid Handling Systems, Homogenizers
2) By Consumables: Reagents, Tubes, Plates, Filters, Columns
3) By Sample Preparation Kit: DNA Or RNA Extraction Kits, Protein Isolation Kits, Cell Fractionation Kits, PCR Cleanup Kits
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Which geographical regions are pioneering growth in the sample preparation market?
North America was the largest region in the sample preparation market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sample preparation market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Who are the influential players reshaping the sample preparation market landscape?
Major companies operating in the sample preparation market include Agilent Technologies Inc., Bio-Rad Laboratories Inc., Danaher Corporation, Illumina Inc., QIAGEN N.V., PerkinElmer Inc., F. Hoffmann-La Roche Ltd., Tecan Group Ltd., Hamilton Company, Norgen Biotek Corporation, Waters Corporation, Promega Corporation, Biotage AB, Merck KGaA, Thermo Fisher Scientific Inc., Roche Applied Science, Medline Industries Inc., Sartorius AG, Zymo Research Corporation, BioChain Institute Inc., BioVision Inc., Cell Signaling Technology Inc., EMD Millipore Corporation, Epigentek Group Inc., GE Healthcare Technologies Inc., GenScript Biotech Corporation, Gilson Inc., GlycoMatrix Inc., Harvard Bioscience Inc., InSphero AG
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What Is Covered In The Sample Preparation Global Market Report?
•Market Size Forecast: Examine the sample preparation market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the sample preparation market for a structured understanding.
•Key Players Overview: Analyze major players in the sample preparation market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the sample preparation market.
•Segment Contributions: Evaluate how different segments drive overall growth in the sample preparation market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the sample preparation market.
•Industry Challenges: Identify potential risks and obstacles affecting the sample preparation market.
•Competitive Landscape: Review strategic developments in the sample preparation market, including expansions, agreements, and new product launches.
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