Global Sample Preparation Market To Grow At A CAGR Of 6.5% By 2030

According to the report, the global Sample Preparation market size was valued at approximately USD 6.2 billion in 2021 and is predicted to reach around USD 10.9 billion by the end of 2030, expanding at a CAGR of around 6.5% from 2022 to 2030.

The process of extracting or enriching analytes from sample matrices into the final analyte solution is known as sample preparation. It entails drawing, handling, and preparing samples to meet the demands of modern microbiology. The COVID-19 pandemic had a major effect on the market under study. The rise in infected patients increased demand for several sample preparation products on a global scale. Real-time polymerase chain reaction (RT-PCR) was used in the majority of diagnostic tests to amplify SARS-CoV-2 virus RNA from patient swabs. This increased demand for various sample preparation products.

Increasing research activities in genomics, the shift from manual sample preparation to workstations, patents & copyrights, global alliances among leading research institutes to improve drug discovery, and technological advancements in analytical instruments demand better samples are some of the major factors driving the global sample preparation market.

Other factors include the rising adoption of modern extraction techniques, increasing life sciences, increasing investments, and the need for food analysis due to safety concerns. In addition, rapid advancement in technology and increasing emphasis on forensic testing and biodefense in developing as well as developed countries is giving a boost to the sample preparation market globally. However, factors such as the high cost of workstations, difficulties in developing standardized protocols for sample preparation, lack of expertise in designing technologically advanced products, and less informed consumers may cause restraint in the market.

The global sample preparation market is segmented based on product, technique, application, end-user, and region.

Based on application, the market is segmented into genomics, proteomics, epigenomics, transcriptomics, metabolomics, and others. The genomics segment is expected to hold the largest market share over the forecast period. Increasing strategic activities by companies in the genomics market are likely to accelerate the overall growth rate. For instance, Bionano Genomics, Inc. and Hamilton announced a collaboration in October 2022 to create a product to extract and isolate Ultra High Molecular Weight DNA as the first step in the sample preparation procedure. Long string advantage is used in optical genome mapping.

Based on the end-user, the market is divided into hospitals, diagnostic centers, the pharmaceutical and biotechnology industry, and others. The diagnostic centers segment accounted for the largest revenue share and is expected to show this pattern over the forecast period. The sample preparation market is expected to be biased toward mature regions, primarily Western Europe, North America, and Japan. However, rising human health spending in emerging markets is expected to propel the industry. Thus, driving segmental growth.

Among the regions, North America is expected to dominate the global sample preparation market over the forecast period. The region's established providers and buyers of sample preparation solutions play a key role in accounting for the greatest market share. As a result, this expedites delivery from the supplier to the customer at a low cost. Also helping new businesses enter the market with the increased accessibility and availability of funding from public and private investors. Besides, the region with the highest CAGR during the forecast period is Asia Pacific. This is due to sequencing being utilized more frequently in China and India for several reasons, including the creation of personalized medicines. Additionally, it is predicted that the market would have significant growth potential during the projection period as a result of the Asia Pacific region's increased interest in genomics and proteomics research.

This review is based on a report by Zion Market Research, titled “Sample Preparation Market By Product (Instruments, Consumable and Kits), By Technique (Protein Preparation, Solid-phase Extraction, and Liquid-liquid Extraction), By Application (Genomics, Proteomics, Epigenomics, Transcriptomics, Metabolomics, and Others), By End User (Hospitals, Diagnostic Centers, Pharmaceutical and Biotechnology Industry, and Others) and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 – 2030.”- Report at https://www.zionmarketresearch.com/report/sample-preparation

Recent Development:

• In June 2020, 10x Genomics, Inc. and Merck entered into a collaboration to provide impactful linking of two innovative technologies: single-cell transcriptomics and pooled CRISPR screening, and researchers with more detailed information to better understand the relationship between specific genes and disease.
• In February 2019, Agilent Technologies launched NGS library preparation systems which were designed to carry out complex DNA sequencing assays.

The global sample preparation market is dominated by players like:

• Danaher Corporation
• Agilent Technologies Inc.
• Illumina Inc.
• PerkinElmer Inc.
• QIAGEN N.V
• Bio-Rad Laboratories Inc.
• Norgen Biotek Corporation
• Thermo Fisher Scientific Inc.
• Hamilton Company
• Merck Millipore
• Tecan Group Ltd.
• Promega Corporation
• Sartorius
• Sigma-Aldrich
• Biotage AB
• Waters Corporation 
• Roche Applied Science

The global sample preparation market is segmented as follows:

By Product

• Instruments
• Consumable
• Kits

By Technique

• Protein Preparation
• Solid-phase extraction
• Liquid-liquid extraction

By Application

• Genomics
• Proteomics
• Epigenomics
• Transcriptomics
• Metabolomics
• Others

By End User

• Hospitals
• Diagnostic Centers
• Pharmaceutical and Biotechnology Industry
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

About Us:

Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Us:

Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com