#SamplePreparationMarket

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Exploring Growth in the Global Sample Preparation Market

Meticulous Research��—a leading global market research company, published a research report titled ‘Sample Preparation Market Size, Share, Forecast & Trends Analysis by Product (Workstation, Pipette, Washer, Centrifuge, Grinder, Filters, Plates, Kits) Technique (Solid Phase Extraction, Purification), Application, End User – Global Forecast to 2031.’

According to this latest publication from Meticulous Research®, the sample preparation market is projected to reach $12.77 billion by 2031, at a CAGR of 6.4% during the forecast period. The growth of this market is driven by technological advances in sample preparation procedures, increasing process automation in laboratories, the development of bio clusters for supporting research activities, increasing R&D investments in the pharmaceutical and biotechnology industries, and active research in genomics and proteomics. Additionally, the widening applications of sample preparation in emerging economies and the increasing focus on personalized medicines are expected to offer significant market growth opportunities.

However, the high purchasing costs of automated sample preparation systems restrain the growth of this market. Additionally, the high costs of maintaining sample preparation systems pose a significant challenge to the market's 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).

Sample Preparation Reagents Market: Future Outlook

The sample preparation market is segmented based on product (Consumables [Sample preparation Kits & Reagents {Isolation Kits & Reagents (DNA Isolation Kits & Reagents, RNA Isolation Kits & Reagents, Protein Isolation Kits & Reagents), Extraction Kits & Reagents (DNA Extraction Kits & Reagents, RNA Extraction Kits & Reagents, Protein Extraction Kits & Reagents), Purification Kits & Reagents (DNA Purification Kits & Reagents, RNA Purification Kits & Reagents, Protein Purification Kits & Reagents), Other Reagents}, Filters, Tubes, Plates, Other Consumables], Instruments [Liquid Handling Systems {Automated Liquid Handling Robots/Systems, Manual Pipettes, Reagent Dispensers, Microplate Washers, Other Liquid Handling Systems}, Centrifuges, Filtration Systems, Extraction Systems, Purification Systems, Other Sample Preparations Systems], Workstations, Software), Technique (Solid Phase Extraction (SPE), Liquid Phase Extraction (LPE), Filtration, Dilution, Precipitation, Other Sample Preparation Techniques), Application (Drug Discovery, Diagnostics, Genomic Studies, Proteomic Studies, Analytical 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.

Based on the product, the sample preparation market is segmented into consumables, instruments, workstations, and software. In 2024, the consumables segment is expected to account for the largest share of the sample preparation market. Consumables include sample preparation kits & reagents, filters, plates, and others. Sample preparation kits, & reagents 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.

Based on the technique, the sample preparation market is segmented into Solid Phase Extraction (SPE), Liquid Phase Extraction (LPE), filtration, dilution, precipitation, and other sample preparation techniques. In 2024, the Solid Phase Extraction (SPE) 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.

Based on the applications, the sample preparation market is segmented into drug discovery, diagnostics, genomic studies, proteomic studies, analytical testing, and other applications. In 2024, 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.

Based on the end user, the sample preparation market is segmented into Pharmaceutical & Biotechnology Companies, Contract Research Organizations (CROs), Academic & Research Institutes, Hospital & Diagnostics Laboratories, Food & Beverage Companies, Environmental Testing Laboratories, and Other End Users. In 2024, 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.

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 Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), Latin America, and the Middle East & Africa. In 2024, North America is expected to account for the largest share of the sample preparation market, followed by Europe and Asia-Pacific. Furthermore, in 2024, the U.S. is expected to be the largest market shareholder in North America. North America’s major market share is attributed to the highly developed healthcare infrastructure and the presence of major market players such as Thermo Fisher Scientific (U.S.), Danaher Corporation (U.S.), and Agilent Technologies, Inc. (U.S.).

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 region/country?

What was the historical market size for sample preparation across the globe?

What are the market forecasts and estimates for 2024–2031?

What are the major drivers, restraints, and opportunities in the global sample preparation market?

Who are the major players in the global sample preparation market?

What is the competitive landscape like, and who are the market leaders in the global sample preparation market?

What are the recent developments in the sample preparation market?

What strategies are adopted by the major players in the sample preparation market?

What are the geographical trends and high-growth regions/countries?

Contact Us: Meticulous Research® Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research

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https://chatterchat.com/read-blog/75253_global-next-generation-sequencing-ngs-sample-preparation-market-size-overview-ke.html

Global Next Generation Sequencing (NGS) Sample Preparation Market Size, Overview, Key Players and Forecast 2031

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New Product Launches Was the Major Growth Strategy Adopted by Players in the Sample Preparation Market

The overall Sample Preparation Market comprises of different players securing leadership position in different product lines. For instance, QIAGEN N.V. (The Netherlands) leads the sample preparation automated workstation market whereas Thermo Fisher Scientific, Inc. (U.S.) and Tecan Group Ltd. (Switzerland) dominate the automated liquid handling systems market.  Other players having significant presence in this market include Agilent Technologies, Inc. (U.S.), Danaher Corporation (U.S.), Illumina, Inc.(U.S.), PerkinElmer, Inc. (U.S.), Bio-Rad Laboratories, Inc. (U.S.), Norgen Biotek Corporation (Canada), Hamilton Company (U.S.), Merck (U.S.), Promega Corporation (U.S.), and Roche Applied Science (U.S). QIAGEN N.V. is among the leading players in the sample preparation market. A wide product portfolio, high focus on increasing company presence in the emerging economies, and continuous launch of new and innovative products are contributing to the company’s dominance in this market. The company has high focus on innovation through the launch of new products. During 2013 to 2016 the company launched several sample preparation products and solutions. For instance, in February 2016, QIAGEN expanded its portfolio of ‘Sample to Insight’ solutions with the launch of more than 170 new QIAseq Targeted RNA Panels for gene expression profiling. Feel Free to Contact Our Research Experts for More Detailed Information Thermo Fisher Scientific, Inc. is another major player in the sample preparation market. The company has a well-established brand and has operations in over 150 countries. Acquisition is preferred choice of strategy adopted by the company to expand its product portfolio and enter into emerging businesses. For instance, in 2016, the company acquired Affymetrix, Inc. (U.S.) to strengthen its laboratory equipment offerings, which include diagnostic tools for hospitals and mass spectrometers for chemists. PerkinElmer, Inc. (U.S.) is another dominant player in the global sample preparation market. The company is a leading provider of products, services, and solutions to the diagnostics, research, environmental, industrial, and laboratory services markets. The company strategically focuses on expanding its presence in emerging economies. For instance in 2016, PerkinElmer expanded its footprint in India by opening a new diagnostics facility in India. Similarly, the company established a subsidiary in China called Suzhou PerkinElmer Medial Laboratory Co. ltd (in 2015) and direct operations in Israel (in 2013) to provide products and customer service. The other players in this market have implemented various strategies to expand their global footprint and increase their market share. Major growth strategies followed by market players include new product launches, agreements, collaborations, and partnerships. New product launches accounted for major share followed by agreements, collaborations, and partnerships which accounted for the second-largest share of the total number of key growth strategies adopted by players in the sample preparation market during 2013 to 2016. Acquisitions, product enhancement, and other developments (market promotions and grants) are some of the other strategies adopted by players to achieve growth in the sample preparation market. Read More@  https://www.marketsandmarkets.com/Market-Reports/sample-preparation-market-66938505.html

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Market Industry Reports (MIR) has distributed another report titled "Example Planning Business sector - Worldwide Industry Investigation, Measure, Offer, Development, Patterns, and Gauge, 2019–2030." As per the report, the worldwide example readiness market is assessed to be over US$ 5.5 Bn in 2017. It is foreseen to develop at a huge digit CAGR from 2019 to 2030.

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Global Next Generation Sequencing (NGS) Sample Preparation Market Size, Overview, Key Players and Forecast 2031