According to a market report, published by Sheer Analytics and Insights, the global sample preparation market was valued at $6.8 billion in 2021 and it is expected to reach $15.6 billion at a CAGR of 7.7% between 2022 and 2032. To analyze raw materials or finished goods, usually, to check for the presence of undesired elements, the sample preparation market includes products used to prepare biological as well as chemical samples. The rise in adoption of modern extraction techniques, technological advancements in analytical instruments, rising life sciences R&D spending, increasing genomics research activities, the transition from manual sample preparation to workstations, global alliances among top research institutions to advance drug discovery, and the rising demand for food analysis due to safety concerns are all factors contributing to the market growth. To make samples that can be used in laboratories, pharmaceutical businesses, and other research and educational organizations, sample preparation tools, kits, and reagents are used. To separate the desired or targeted components from complicated matrices, which most analytical equipment cannot handle directly, sample preparation is required. These primary factors would drive the market growth during the forecast period.
Moreover, miniaturization, automation, high-throughput performance, the flexibility of new sample preparation equipment to connect with existing analytical instruments, and a reduction in solvent volume and time are all current sample preparation trends. The demand for automation in sample preparation equipment is being driven by the growing uptake of cutting-edge technology and strict guidelines for product development. Additional benefits of automated sample preparation include high productivity, repeatability, and traceability. Limiting exposure to dangerous chemicals like ammonia and sulfuric acid also decreases the dangers to the operator's health and safety, and laboratory samples from biology. These major factors are expected to propel the market growth during the forecast period.
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Furthermore, technology for enhancing sample preparation techniques has advanced significantly in recent years. Some of these include automation and improved method-based improvements, such as solid-supported liquid-liquid extraction and improvement of the traditional liquid-liquid extraction process. The liquid-liquid extraction category is anticipated to hold a sizable market share for sample preparation. Growing end-user awareness and education are driving the life sciences sector to continuously provide superior market positioning about the efficacy of their products. In the upcoming years, these factors are most likely to have an impact on the worldwide sample preparation market. Hence, the market is expected to gain more growth opportunities in the future.
Growing end-user awareness and education are driving the life sciences sector to continuously provide superior market positioning about the efficacy of their products. In the upcoming years, these factors are most likely to have an impact on the worldwide sample preparation market. However, some of the key factors that are anticipated to restrain market growth over the forecast period are high production costs and low investments.
According to the study, key players dominating the global sample preparation market are Agilent Technologies (U.S), Angstrom Advanced (U.S), Arivis AG (Germany), Bruker (U.S), Bio-Lad Laboratories (U.S), Carl-Zeiss-Stifstung (Germany), Danaher Corporation (U.S), Horiba (Japan), Hitachi (Japan), Jeol (Japan), Nion Company (U.S), Oxford Instruments (U.K), Olympus (Japan), PerkinElmer (U.S), Qiagen (Germany), Thomas Fisher Scientific (U.S), among others.
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The Global Sample Preparation Market – by Product Type:
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