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Sample Preparation Market Estimated to Grow at a Rapid Pace through 2024

May 27th 2019 at 4:39 AM

The expanding database of Market Research Reports Search Engine (MRRSE) has been recently updated by the addition of a new study which is titled as “Sample Preparation Market Estimated to Grow at a Rapid Pace through 2024”. The fact-based research report on the global Sample Preparation market covers various aspects such as trends, drivers, challenges and opportunities that have an influence on the growth and expansion of the global market. All these factors are analyzed across key regions of Latin America, North America, Europe, Middle and Africa (MEA) and the Asia Pacific. In order to provide an accurate forecast, analysts have presented the current market, which forms the basis of how the metal caps and closures market is expected to develop in the future.

This report on the global sample preparation market analyzes the current and future prospects of the market. The report comprises an elaborate executive summary, including a market snapshot that provides overall information of various segments and sub-segments. The research is a robust combination of primary and secondary research. Primary research formed the bulk of our research efforts with information collected from telephonic interviews and interactions via e-mails. Secondary research involved study of company websites, annual reports, press releases, stock analysis presentations, and various international and national databases. A detailed qualitative analysis of factors responsible for driving and restraining the market growth and opportunities has been provided in the market overview section. Market revenue in terms of US$ Mn for the period between 2014 and 2024 along with the compound annual growth rate (CAGR %) from 2016 to 2024 are provided for all the segments, considering 2015 as the base year. Market related factors such as increasing preference for technologically advanced services, product innovation, and historical year-on-year growth have been taken into consideration while estimating the market size. Growth rates for each segment within the global sample preparation market have been determined after a thorough analysis of past trends, demographics, future trends, technological developments, and regulatory requirements.

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Based on product type, the global sample preparation market has been segmented into sample preparation instruments, consumables, sample preparation kits, and accessories. The market has been further studied from the point of view of major applications of sample preparation. These are proteomics, genomics, epigenomics, transcriptomics, and metabolomics. Pharmaceutical industries, biotechnology, diagnostic laboratories, academic institutes, and others form the major end-users of the sample preparation market. These factors would help the market players to take strategic decisions in order to strengthen their positions and expand their share in the global market.

Among all analytical procedures, sample preparation has often been shown to consume over 70% of the analyst or researcher’s time. Moreover, the effectiveness of analysis is dependent on the accuracy of the sample prepared. Thus, products that incorporate advanced technology to deliver a high degree of accuracy and time and cost reduction for preparing the sample are witnessing a steady growth in the market.

However, companies in the sample preparation market have to often contend with a dearth of expertise in designing technologically advanced products. Consumers not being well-informed about the benefits of different techniques and products also acts as restraints on the market. TMR says that the global sample preparation market is expected to witness strong growth in the next few years due to an increase in R&D spending in life science and rising concerns regarding environmental degradation and food safety along with stringent regulations for the same. Moreover, a growing emphasis on forensic testing and biodefense research in both traditional and emerging market is likely to fuel the demand for sample preparation.

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Geographically, the global sample preparation market has been segmented into five regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In addition, the regions have been further segmented by major countries from each region. These are the U.S., Canada, the U.K., Germany, China, Japan, Brazil, Mexico, and South Africa. The report also profiles major players in the sample preparation market based on various attributes such as company overview, financial overview, key business strategies, product portfolio, and recent developments. Key companies profiled in the report include Agilent Technologies, Bio-Rad Laboratories, Biotage AB, Danaher Corporation, F Hoffman La Roche, Illumina, Inc., Merck KGaA, PerkinElmer, Inc., QIAGEN N.V., Thermo Fisher Scientific, Inc., and Waters Corporation.

The global sample preparation market has been segmented as follows:

Global Sample Preparation Market, by Technique

Solid Phase Extraction

Liquid-liquid Extraction

Protein Precipitation

Others (QuEChERS, SFE, etc.)

Global Sample Preparation Market, by Product

Sample Preparation Instruments

Consumables

Sample Preparation Kits

Accessories

Global Sample Preparation Market, by End-user

Pharmaceutical Industries

Biotechnology

Diagnostic Laboratories

Academic Institutes

Others (food industry, forensics, and environmental testing)

Global Sample Preparation Market, by Application

Genomics

Proteomics

Epigenomics

Transcriptomics

Metabolomics

Global Sample Preparation Market, by Geography

North America

U.S.

Canada

Asia Pacific

China

Japan

Rest of APAC

Europe

U.K.

Germany

Rest of Europe

Latin America

Brazil

Mexico

Rest of Latin America

Middle East & Africa

South Africa

Rest of Middle East & Africa

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