MARKET OVERVIEW
Sample preparation is a technique which is used for converting biological and chemical samples into a form that can be directly placed in analytical instruments for analysis. The number of steps differs according to the type of phase the material that is initially used. Moreover, the process also varies in the kind of sample to be analyzed. Sample preparation technique involves the process depends on sample type, which includes the steps as extraction, purification, and isolation. Some popular sample preparation techniques are LLE (Liquid-Liquid Extraction), SPF (Solid-Liquid Extraction) and QuEchERS (Quick, Easy, Cheap, Effective, Rugged, and Safe).
MARKET SCOPE
The "Global Sample Preparation Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the sample preparation market with detailed market segmentation by product, application, end user, and geography. The report provides key statistics on the market status of the leading sample preparation market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on product, the global sample preparation market is segmented into consumables, instruments, accessories, and other products.
- By application the market is further segmented into proteomics, genomics, epigenomics and epigenetics, and other applications.
- Based on end user, the market is bifurcated into pharmaceutical and biotechnology industry, research and academic institutes, and other end users.
MARKET DYNAMICS
Drivers
- Rising adoption of modern extraction techniques.
- Technological innovations in sample preparation workstations.
- Growing Life Sciences R&D Expenditure
Restraints
- High Costs of Sample Preparation Workstations
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The sample preparation market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Sample preparation market in these regions.
IMPACT OF COVID-19 ON SAMPLE PREPARATION MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and medical industry in various countries due to lockdowns, travel bans, and business shutdowns.
The rising numbers of COVID-19 patients is likely to have positive impact on the sample preparation market. Increasing number of patients leads to increasing number of diagnostic tests and thus favoring the growth of the market. Further technological advancements in sample preparation for rapid diagnosis of COVID 19 patients is also likely to enhance the growth of the market. For instance, Multi Reax Vortexer allows processing of around 26 patient samples simultaneously. This increases the number of tests carried out each day.
MARKET PLAYERS
The report covers key developments in the sample preparation market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from sample preparation market are anticipated to lucrative growth opportunities in the future with the rising demand for sample preparation in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the sample preparation market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Danaher
- Bio-Rad Laboratories, Inc
- Merck KGaA
- Agilent Technologies
- Illumina, Inc.
- Norgen Biotek Corp.
- QIAGEN
- PerkinElmer Inc.
- Tecan Trading AG
- Thermo Fisher Scientific Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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