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Key Role of Sample Preparation in Accurately Analyzing Data Drives Growth of Global Market

Press release Description

Albany, New York, September 27, 2016: Market Research Reports Search Engine (MRRSE) has announced the addition of a new research report that provides a complete outlook of the global sample preparation market. The research report, titled “Sample Preparation Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024,” includes an assessment of various market drivers and restraints impacting the overall growth of the market. The market research report states that researchers spend about 70% of their time towards sample preparation. The effectiveness and accuracy of data analyzed in the report depend on the sample preparation, thus this method has a special in research methodologies. Thus, sample preparation uses advanced technologies, which are in great demand in several end-use industries. The opportunity in the global sample preparation market is anticipated to be worth US$8.3 bn by 2024 from US$4.6 bn in 2015 as the market surges at a CAGR of 6.6% between 2016 and 2024. 

Some of the products used for making sample preparation are consumables, sample preparation kits, accessories, and sample preparation instruments. The techniques used are solid phase extraction, protein precipitation, liquid-liquid extraction, and others. The end-use industries using these products and techniques are biotechnology, pharmaceutical industries, diagnostic laboratories, academic institutes, and others such as environmental testing, forensics, and food industry. A large part of sample preparation is applied in proteomics, genomics, epigenomics, metabolomics, and transcriptomics. Geographically, this market is segmented into regions such as North America, Europe, Latin America, and the Middle East and Africa.

As of 2015 North America held the dominant share in the global sample preparation market due to a high acceptance of sophisticated technologies for all end-use segments. The rise of this regional market is also attributable to the increasing investments in advanced genomics, epigenetics research, and proteomics. Furthermore, increasing importance given to devising solutions for environmental hazards and the region’s remarkable contribution towards the development of pharmaceutical and biotechnological solutions have also increased the uptake of sample preparation in the past few years. Analysts predict that North America will lead the global market during the forecast period of 2016 and 2024.

Some of the key players operating in the global sample preparation market are Agilent Technologies, Bio-Rad Laboratories, Danaher Corporation, Biotage AB, F. Hoffman-La Roche, Illumina, Inc., PerkinElmer, Inc., Merck KGaA, QIAGEN N.V., Waters Corporation, and Thermo Fisher Scientific, Inc. The research report profiles these companies in complete detail to provide a clear understanding of the competitive landscape present in the global market. The research report also includes an explanation of the business strategies adopted by the players and their plans for the near future. It covers their plans of research and development along with their marketing strategies for the forecast period of 2016 and 2024.

Browse Full Global Sample Preparation Market Report with TOC:

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