Global Sample Preparation Market Size Study & Forecast, By Product (Instruments, Consumables, Accessories, Other Sample Preparation products) by Application (Genomics, Proteomics, Epigenomics and Epigenetics, Other Applications) by End-Users (Pharmaceutic

Global Sample Preparation Market Size Study & Forecast, By Product (Instruments, Consumables, Accessories, Other Sample Preparation products) by Application (Genomics, Proteomics, Epigenomics and Epigenetics, Other Applications) by End-Users (Pharmaceutical & Biotechnology Industry, Research and Academic Institutes, Food and Beverage industry, Other End Users) and Regional Analysis, 2023-2030

Global Sample Preparation Market is valued at approximately USD xx billion in 2022 and is anticipated to grow with a healthy growth rate of more than 5.5% over the forecast period 2023-2030. Sample Preparation refers to the process of carefully selecting, handling, and treating a sample to make it suitable for analysis in scientific experiments or testing. This process is crucial in various fields such as chemistry, biology, environmental science, and material science, where accurate and reliable results depend on the quality of the sample being analyzed. The Sample Preparation market is expanding because of factors such as the growing demand for tumor genomics-based sample preparations and rising healthcare expenditure. As a result, the demand for Sample Preparation has progressively increased in the international market during the forecast period 2023-2030.

Tumor genomics plays a crucial role in advancing precision medicine, where treatments are tailored to the genetic makeup of an individual's tumor. Sample preparation techniques ensure the quality and integrity of genetic material extracted from tumor samples, enabling accurate genomic analysis. The better the sample preparation, the more reliable the genomic data, which is vital for making informed treatment decisions. According to Statista, the global tumor genomics market accounts for USD 8131 million and is projected to reach up to USD 16287 million by the year 2028. Another important factor that drives the Sample Preparation market is increasing healthcare expenditure. Healthcare expenditure often translates into increased funding for medical research. This can lead to advancements in diagnostic techniques, treatments, and drug development, all of which rely heavily on sample preparation techniques to analyze biological samples such as blood, urine, tissue, etc. More investment in R&D can spur innovation in sample preparation technologies, leading to more efficient, sensitive, and cost-effective methods. In addition, as per Statista, in 2019, the global healthcare expenditure was 9.82% of the total GDP and the healthcare expenditure increased significantly and the share reached 10.71% in 2022. Moreover, rising demand for automated systems for sample preparation of chromatography and increasing innovation in proteomics is anticipated to create a lucrative growth opportunity for the market over the forecast period. However, the high initial cost of sample preparation techniques and lack of technical expertise are going to impede overall market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Sample Preparation Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to healthcare spending and the growing number of medical research trials in the region. Medical research often involves a diverse range of sample types, each requiring specific preparation methods. The study could require analyzing genetic material from cells, proteins from blood samples, or metabolites from urine. As the scope of medical research expands, so does the need for specialized sample preparation techniques tailored to different sample types. The region’s dominant performance is anticipated to propel the overall demand for Sample Preparation. Furthermore, Asia Pacific is expected to grow fastest during the forecast period, owing to factors such as increasing adoption of sequencing for the development of personalized medicines in the region. Personalized medicine relies heavily on understanding an individual's genetic makeup, so there’s a higher demand for high-quality samples. Sample preparation techniques play a crucial role in ensuring that the samples collected for sequencing are of sufficient quality and quantity.

Major market players included in this report are:
Thermo Fisher Scientific Inc.
PerkinElmer Inc.
Agilent Technologies Inc.
Danaher Corporation
Hamilton Company
Sigma-Aldrich Corporation
Norgen Biotek Corporation
Millipore Corporation
Bio-Rad Laboratories, Inc.
F. Hoffmann-La Roche Ltd.

Recent Developments in the Market:
 In December 2023, Thermo Fisher Scientific Inc. launched two new products, the Thermo Scientific KingFisher Apex Dx, an automated nucleic acid purification instrument, and the Applied Biosystems MagMAX Dx Viral/Pathogen NA Isolation Kit, which isolates and purifies viral and bacterial pathogens from respiratory specimens. These products work together to provide laboratories with automated sample preparation solutions that are in vitro diagnostic (IVD) and in vitro diagnostic regulation (IVD-R) authorized, giving them more confidence in downstream outcomes.

Global Sample Preparation Market Report Scope:
 Historical Data – 2020 - 2021
 Base Year for Estimation – 2022
 Forecast period - 2023-2030
 Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
 Segments Covered – Product, Application, End-Users, Region
 Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define the market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters to detailed information about the crucial aspects such as driving factors & challenges that will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

by Product
Instruments
Consumables
Accessories
Other Sample Preparation products

by Application
Genomics
Proteomics
Epigenomics and Epigenetics
Other Applications

by End-Users
Pharmaceutical & Biotechnology Industry
Research and Academic Institutes
Food and Beverage industry
Other End Users

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico
RoLA

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.