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Sample Preparation Market to Surpass US$ 9.3 Billion by 2025 | Key Players are Bio-Rad Laboratories, Inc., Thermo Fisher Scientific Inc., Danaher Corporation, Qiagen N.V., Illumina, Inc., Merck KGaA

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Sample Preparation Market to Surpass US$ 9.3 Billion by 2025 | Key Players are Bio-Rad Laboratories, Inc., Thermo Fisher Scientific Inc., Danaher Corporation, Qiagen N.V., Illumina, Inc., Merck KGaA

August 22
19:14 2019
Sample Preparation Market to Surpass US$ 9.3 Billion by 2025 | Key Players are Bio-Rad Laboratories, Inc., Thermo Fisher Scientific Inc., Danaher Corporation, Qiagen N.V., Illumina, Inc., Merck KGaA

Sample Preparation Market
The global sample preparation market was valued at US$ 5.7 billion in 2017 and is expected to witness a CAGR of 6.3% over the forecast period (2017–2025).

Increasing interest in developing quick, cost-effective, and environmentally friendly sample preparation techniques, lead to develop new methods which will eventually minimize the extraction steps, reduce solvent consumption, and thereby automate the sample preparation system. Sample preparation is necessary to isolate the desired or targeted components from complex matrices, which most analytical instruments cannot handle the matrix directly. Sample preparation is a crucial process which can greatly impact the accuracy of research and are responsible for the success of downstream applications, such as nucleic acid or protein isolation and purification, pipetting, and other liquid-handling requirements. Current sample preparation trend includes miniaturization, automation, high-throughput performance, ability of new sample preparation instruments to combine with existing analytical instruments and reduction in solvent volume and time. Moreover, continuous innovation in sample preparation and integration of new technology, will further drive the sample preparation market. For instance, integration of QuEChERS method in solid phase extraction allows simple and streamline sample preparation system for analysis of various pharmaceutical and veterinary drugs. Automated sample preparation eliminates human error, low sample purity, and sample contamination, allowing consistent result at every time.

 

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The global sample preparation market is projected to witness significant growth over the forecast period, owing to rapid shift from manual to automated sample preparation system, growing advancement in blood collection tools, and increasing research and development investment in clinical, diagnostic, proteomics, and genomics field. Furthermore, increasing prevalence of infectious disease and adoption of automated sample preparation system to increase productivity, improve repeatability and traceability in laboratory samples, is expected to drive growth of the sample preparation market, in the near future. For instance, according to the World Health Organization (WHO), 2018 data findings, an estimated 325 million people were living with chronic hepatitis infections (HBV or HCV), globally in 2015. Moreover, according to the similar source, in 2016, 10.4 million people fell ill with tuberculosis (TB), and 1.7 million died from the disease. Of this, 95% of TB deaths occurred in low and middle income countries. According to the Antimicrobial Resistance (AMR) Review—an initiative of the Wellcome Trust and the UK Department of Health—by 2050, drug-resistant tuberculosis could kill around 2.5 million people per year. Therefore, these factors are expected to driver growth of the market over the forecast period.

 

Increasing adoption of innovative technologies and high requirement for product development are propelling demand for automation in sample preparation instrument. Furthermore, automated sample preparation offer various advantages such high productivity, repeatability, and traceability. Also, it lowers operator’s health and safety risks by reducing exposition to hazardous chemicals and biological laboratory samples. Furthermore, customers prefer total framework solutions, instead of standalone workstations, as it offers integration of different sample preparation instruments at one place. Automated sample preparation enhances the productivity of laboratory by minimizing the resource allocation for repetitive tasks such as sample extraction, filtration, weighing, dilution, and sample analysis.

 

Moreover, key players are focused on introducing innovative products in the sample preparation market, which is expected to drive growth of the market. For instance, in March 2018, Inlabtec AG, introduced TA12 Serial Diluter: a low cost, high productivity dilation system for quantifying live probiotic bacteria. Moreover, in February 2018, Teledyne CETAC Technologies launched SimPrep: a new automated sample preparation system. The new system offer wide range of syringes from 20 microliter to 50 milliliter and it combines multiple techniques such as Inductively Coupled Plasma Mass Spectrometry (ICP-MS), atomic absorption (AA), colorimeter and Flow Injection Analysis (FIA).

 

Detailed Segmentation:

 

Global Sample Preparation Market, By Product Type:

Reagents & Kits

Instruments

Global Sample Preparation Market, By Application:

Research Application

Diagnosis

Global Sample Preparation Market, By End User:

Pharmaceuticals and Biotechnology Companies

Pathology & Diagnostic Laboratories

Academics & Research Laboratories

Company Profiles

F. Hoffmann-La Roche AG *

Company Overview

Product Portfolio

Financial Performance

Recent Highlights

Strategies

Bio-Rad Laboratories, Inc.

Thermo Fisher Scientific Inc.

Agilent Technologies, Inc.

Danaher Corporation

Qiagen N.V.

PerkinElmer, Inc.

Illumina, Inc.

Merck KGaA

 

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Various government and private organizations are focusing on increasing R&D investment in clinical diagnostic, forensic, proteomics, and genomics research. Proper sample preparation is vital to obtain significant and accurate results. Moreover, increasing research and development (R&D) spending by various government and private organizations is expected to increase adoption of advanced sample preparation instrument in near future. For instance, The German Research Foundation (DFG) on March 2018, funded US$ 17.3 million to four new German sequencing centers. The funding will be used to conduct research in next-generation sequencing field. In April 2018, DNA Script received US$ 5.5 million in funding from European Commission and French investment bank: Bpifrance. Funding is provided as a part of subsidies and refundable advances of European Commission’s Horizon 2020 European Innovation Council program and Bpifrance’s innovation development programs. DNA Script intends to make innovation in synthesis of DNA and RNA using its proprietary enzymatic technology.

 

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