“The Sample Preparation Market is expected to grow at a CAGR of 5.5% during the forecast period to reach USD 7,203.2 Million by 2021 from an estimated USD 5,512.2 Million in 2016.”

The market growth can be attributed to increasing research activities in genomics, shift from manual sample preparation to workstations, global alliances among leading research institutes to boost drug discovery, rising adoption of modern extraction techniques, technological advancements in analytical instruments, increasing life sciences R&D spending, and increasing need for food analysis due to safety concerns.

Objectives of the Study:

• To define and measure the global sample preparation market with respect to products, applications, end users and regions
• To provide detailed information regarding major factors influencing growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
• To strategically analyze micromarkets with respect to individual growth trends, future prospects, and contributions to the overall market
• To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
• To forecast the size of the market with respect to four main regions, namely, North America, Europe, Asia-Pacific, and the Rest of the World
• To strategically analyze the market structure and profile the key players of the global market and comprehensively analyze their core competencies
• To track and analyze competitive developments such as product deployments, agreements, collaborations, and partnerships; new product launches, product enhancements; expansions; acquisitions; and others (such as investments, and marketing and promotions) in the sample preparation market

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Research Methodology:

Top-down and bottom-up approaches were used to validate the size of the global sample preparation market and estimate the size of various other dependent submarkets. Various secondary sources such as directories, industry journals, databases such as Hoover’s, Bloomberg Business, Factiva, and Avention, and annual reports of the companies have been used to identify and collect information useful for the study of this market. Primary sources such as experts from both supply and demand sides have been interviewed to obtain and validate information as well as to assess dynamics of this market.

The breakdown of profiles of primaries is shown in the figure below:

Some of the prominent players in the sample preparation market includes Agilent Technologies, Inc. (U.S.), Danaher Corporation (U.S.), Illumina, Inc.(U.S.), QIAGEN N.V.(The Netherlands), PerkinElmer, Inc. (U.S.), Bio-Rad Laboratories, Inc. (U.S.), Thermo Fisher Scientific, Inc. (U.S.), Norgen Biotek Corporation (Canada), Hamilton Company (U.S.), Tecan Group Ltd. (Switzerland), Merck (U.S.), Promega Corporation (U.S.), and Roche Applied Science(U.S).

Target Audience:

• Sample preparation instruments, consumables, accessories, and related products manufacturing companies
• Suppliers and distributors of sample preparation instruments, consumables, and accessories
• Research institutes and academic centers
• Pharmaceutical and biopharmaceutical companies
• Biotechnology companies
• Molecular diagnostic companies
• Food and beverage analysis companies
• Business research and consulting service providers
• Environmental testing organizations
• Government departments and agencies
• Venture capitalists

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Geographically, the global sample preparation market is divided into North America, Europe, Asia-Pacific, and the Rest of the World (Latin America, Middle East, and Africa). North America is expected to account for the largest share of the sample preparation market in 2016, followed by Europe, Asia-Pacific, and the Rest of the World. The Asia-Pacific market is projected to grow at the highest CAGR, and serves as a revenue pocket for companies offering sample preparation products.

Prominent players in the global sample preparation market include Agilent Technologies, Inc. (U.S.), Danaher Corporation (U.S.), Illumina, Inc. (U.S.), QIAGEN N.V. (Netherlands), PerkinElmer, Inc. (U.S.), Bio-Rad Laboratories, Inc. (U.S.), Thermo Fisher Scientific, Inc. (U.S.), Hamilton Company (U.S.), Norgen Biotek Corporation (Canada), Roche Applied Science (Switzerland), Tecan Group (Switzerland), Sartorius (Germany), Merck (Germany), and Promega Corporation (U.S.).