Global Sample Preparation Market Trends And Strategies Of Major Players In The Sample Preparation Market 2021-2030
1 Sep, 2021
The sample preparation market consists of sales of sample preparation products and related services by entities (organizations, sole traders, and partnerships) that are engaged in providing sample preparation instruments, consumables, and kits. Sample preparation products refer to a set of solid/liquid handling procedures for extracting or enriching solutes from sample matrices and incorporating them into the final analyte solution. Sample preparation is a technique that is used for converting biological and chemical products into a form that can be placed directly in analytical instruments for analysis.
Global Sample Preparation Market Size And Drivers:
The global sample preparation market is expected to grow from $7.29 billion in 2020 to $8.17 billion in 2021 at a compound annual growth rate (CAGR) of 12.1%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The sample preparation market is expected to reach $10.85 billion in 2025 at a CAGR of 7.3%. An increase in R&D spending in pharmaceuticals is expected to drive the growth of the sample preparation market in the coming years.
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Trends In The Global Sample Preparation Market
Players in the sample preparation industry are increasingly developing automated sample preparation systems. An automated sample preparation system uses robotics to manage the number of liquids such as reagents, specimen samples to prepare the samples for analysis and testing. These systems are integrated with software and spectrometric instruments for easy analysis of samples. For instance, in October 2020, PerkinElmer, Inc., a US-based company that enables scientists, researchers, and clinicians to address their most critical challenges across science and healthcare launched a fully automated liquid handling sample preparation and LC/MS/MS analysis workflow for testing pesticide residue in hemp and cannabis flower samples. In addition to cannabis-optimized reagents and sample prep consumables, the new end-to-end package includes proprietary cannabis SOPs and cloud-based tracking and reporting tools.
Global Sample Preparation Market Segments:
The global sample preparation market is further segmented based on product, application, end user and geography.
By Product: Sample Preparation Instruments, Consumables, Sample Preparation Kit
By Application: Proteomics, Genomics, Epigenomics, Others
By End User: Pharmaceutical, Biotechnology, Molecular Diagnostics, Others
By Geography: The global sample preparation market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the sample preparation market in 2020.
Read More On The Report For The Global Sample Preparation Market At:https://www.thebusinessresearchcompany.com/report/sample-preparation-global-market-report
Sample Preparation Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides sample preparation market overviews, analyzes and forecasts market size and growth for the global sample preparation market, sample preparation market share, sample preparation market players, sample preparation market segments and geographies, sample preparation market’s leading competitors’ revenues, profiles and market shares. The sample preparation market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.