Impact Analysis of Covid-19
The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
The Global Sample Preparation Market, by Product Type (Reagents & Kits and Instruments), By Application (Research Application and Diagnosis), and by End User (Pharmaceuticals and Biotechnology Companies, Pathology & Diagnostic Laboratories, and Academics & Research Laboratories) is estimated to be valued at US$ 5.7 billion in 2017 and is estimated to exhibit a CAGR of 6.3% over the forecast period (2017-2025).
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The increasing prevalence and rising awareness of infectious disease and early diagnosis among people are expected to drive the market growth. Moreover, increasing focus of key players to introduce new sample preparation instruments and consumables into the market through new product launches and funding strategies are the factors that are expected to drive growth of the global sample preparation market over the forecast period. For instance, in January 2016, Biognosys AG, a Switzerland-based proteomics company raised Series C funding from corporate investment fund to expand its business development and service operations in the U.S. and to develop new sample preparation workflow and products for high-content protein analysis. Similarly, in January 2018, AB Sciex LLC launched C100HT for qualitative glycan screening by utilizing advanced capillary electrophoresis technology, which reduces sample preparation time and expands sample preparation workflow by hundreds of glycan samples per day. Additionally, in February 2015, Biognosys AG launched a sample preparation kit for cell culture and plasma samples. The new kit is capable of efficient and reproducible protein extraction from 10 microliter of plasma to 100 microgram of protein from cell culture.
Moreover, in November 2017, Roche launched the HyperCap Target Enrichment Portfolio: a fully integrated NGS sample preparation product solution, which results in a simplified workflow. Similarly, in October 2017, Eprep Pty Ltd. Launched ePrep sample preparation workstation. This desktop instrument offers automated sample preparation of 5 to 500 samples with accuracy and consistent results in chromatography laboratories. In addition, 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).
Browse 36 Market Data Tables and 28 Figures spread through 160 Pages and in-depth TOC on “Sample Preparation Market, by Product Type (Reagents & Kits, Instruments), by Application (Research Application, Diagnosis), and by End User (Pharmaceuticals and Biotechnology Companies, Pathology & Diagnostic Laboratories, Academics & Research Laboratories) – Global Forecast to 2025”
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Furthermore, in July 2017, Diagenode and PreOmics GmbH launched PreOmics iST Kit, a new standardized solution for sample preparation of proteins to clean peptides for mass spectrometry (MS) analysis. Similarly, in February 2017, Sage Science, a developer of product for sample preparation process launched SageHLS platform. The new platform will effectively extract and purify extremely large DNA fragments needed for long-range sequencing, optical mapping, and droplet digital PCR. Additionally, in January 2018, SCIEX launched C100HT, a biologics analyzer for high throughput qualitative glycan screening. The C100HT expand sample preparation and data analysis workflow allowing hundreds of glycan samples per day. Thus, increasing number of product launches by key players are expected to drive growth of the market over the forecast period.
Key takeaways of the sample preparation market:
- The global sample preparation market is expected to exhibit a CAGR of 6.3% over the forecast period (2017-2025) due to rapid advancements in the field of sample preparation that has driven manufacturers to introduce simple, less labor-intensive, sample preparation instruments, and consumables.
- Among products, reagents & kits segment is expected to account for largest market share, in over the forecast period, attributed to their inevitable need into various sample preparation procedures
- Among application, research application segment is expected to account for largest market share, in terms of revenue over the forecast period. This is attributed to extended application of sample preparation in different areas of clinical diagnostic, forensic, proteomics, and genomics research.
- Among end user, pharmaceuticals and biotechnology companies segment is expected to account for largest market share over the forecast period. This is attributed to their ability to perform various advanced laboratory testing and research services in clinical, proteomics, genomics and epigenomics research, using sample preparation system.
- Key players operating in the global sample preparation market include F. Hoffmann-La Roche AG, Bio-Rad Laboratories, Inc., Thermo Fisher Scientific Inc., Agilent Technologies, Inc., Danaher Corporation, Qiagen N.V., PerkinElmer, Inc., Illumina, Inc., and Merck KGaA, among others
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