Global Sample Preparation Market Analysis
Overview
Growing interest in creating fast, cost-effective, and environmentally friendly sample preparation procedures has resulted in the development of novel approaches that will eventually eliminate extraction stages, reduce solvent usage, and simplify the sample preparation process. In order to extract the desired or targeted components from complicated matrices, sample preparation is required. Sample preparation is a critical step in the research process that determines the precision of the findings and the effectiveness of downstream applications such as nucleic acid or protein separation and purification, pouring, and other liquid-handling needs. Furthermore, the global sample preparation market will be fueled by constant innovation in sample preparation and the incorporation of new technologies. The use of the QuEChERS technique in solid phase extraction provides for a simple and efficient sample preparation system for the examination of a wide range of pharmaceutical and veterinary medicines.
In 2017, the global sample preparation market was worth US$ 5.7 billion, and it is anticipated to grow at a CAGR of 6.3 percent from 2017 to 2025.
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Drivers
Automation in sample preparation instruments is in great demand due to the increasing use of novel technologies and the rising need for product development. Automated sample preparation has a number of benefits, including increased productivity, reproducibility, and traceability. It also reduces the hazards of the operator’s health and safety by lowering their exposure to dangerous chemicals and biological laboratory materials Customers also prefer whole framework solutions to isolated workstations since they allow for the integration of several sample preparation equipment in one location. Automated sample preparation improves laboratory efficiency by reducing the time spent on repetitive operations including sample extraction, filtering, weighing, dilution, and analysis.
In the global sample preparation market, major players are focusing on offering novel products, which is projected to fuel market growth. The TA12 Serial Diluter was announced by Inlabtec AG in March 2018 as a low-cost, high-productivity dilation device for measuring live probiotic bacteria.
The global sample preparation market is growing due to rapid advancements in plasma survey toosl and increased research and development expenditure from numerous government and private organizations.
Increasing R&D expenditure in clinical diagnostic, forensic, proteomics, and genomics research is a priority for a number of government and corporate entities. To achieve meaningful and reliable findings, proper sample preparation is essential. The use of improved sample preparation is projected to rise as various government and commercial companies boost their research and development (R&D) investment. The German Research Foundation (DFG) awarded four new German sequencing facilities US$ 17.3 million in March 2018. The funds will be utilized to carry out research in the field of next-generation genomics. DNA Script secured US$ 5.5 million in grant from the European Commission and Bpifrance, a French investment bank, in April 2018.
Regional Analysis
With their growing populations, rising healthcare expenditures, and capacity to file rising numbers of patents in various scientific disciplines, emerging countries such as Asia Pacific, Latin America, the Middle East, and Africa will boost the global sample preparation market in these regions. Asia (64.6 percent) had the largest proportion of patents granted in 2016, as per the World Intellectual Property Indicators 2017 report, followed by North America (20.5 percent), Europe (11.3 percent), Latin America and the Caribbean (2 percent), Oceania (1.1 percent), and Africa (1.1 percent).
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Restraints
Over the forecast period, the global sample preparation market may be hampered by high sample preparation setup costs and a scarcity of trained experts to handle sophisticated sample preparation devices. When evaluating pharmaceuticals in biological matrices, sample preparation might be complicated, necessitating the use of highly experienced specialists. Some of the most basic processes in sample preparation, such as extracting blood or excising tumor tissue and transferring it to a plate or tube, need a high level of expertise. Furthermore, the sample preparation system’s limits differ depending on the instrument and the sample.
Samples are generally fluids in the majority of sample preparation processes. Standard samples take less time and require more vigilance than viscous samples. Due to their restricted amount and the possibility of environmental exposure on substrates that include polymerase chain reaction (PCR) inhibitors, forensic specimens are among the most challenging to analyze.
Competitive Landscape
Major companies contributing in the global sample preparation market are Agilent Technologies, Inc., Qiagen N.V., Bio-Rad Laboratories, Inc., Illumina, Inc., F. Hoffmann-La Roche AG, Merck KGaA, Thermo Fisher Scientific Inc., PerkinElmer, Inc., and Danaher Corporation.
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