Sample preparation plays a crucial role in various analytical applications across industries like biotechnology and pharmaceutical, chemical, food and beverage, and others by offering products like consumables and instruments. The rising demand for analysis of samples with minimal human error and faster turnaround time is augmenting the need for automated sample preparation equipment. The global Sample Preparation Market is estimated to be valued at US$ 52.8 Billion in 2024 and is expected to exhibit a CAGR of 24.% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The rapid advancements in technologies are accelerating the growth of the sample preparation market. With the introduction of artificial intelligence and IoT enabled devices, the sample preparation process has become highly automated with minimal human intervention. Most equipment and consumables being launched in the market are integrated with advanced technologies that allow capturing of real-time data, seamless transfer of samples, remote monitoring, and enhanced data analysis. This is improving the workflow efficiency and productivity while reducing errors. The growing adoption of automated sample preparation equipment integrated with newer technologies is one of the major trends contributing to the market growth over the forecast period.
Segment Analysis
The global sample preparation market is dominated by the sample extraction subsegment. Sample extraction accounts for over 60% of the market share owing to widespread sample extraction techniques like liquid-liquid extraction, solid phase extraction, pressurized fluid extraction, microwave assisted extraction and ultrasound assisted extraction used across industries. Sample extraction enables efficient separation and isolation of target analytes from complex matrices and its simplicity and cost-effectiveness makes it a preferred choice among end-users.
Key Takeaways
The global sample preparation market analysis is expected to witness high growth over the forecast period. Factors such as increasing demand for throughput and technological advancements in omics technologies will primarily drive the market.
Regional analysis:
North America currently dominates the sample preparation market due to presence of major pharmaceutical and biotech companies and advanced healthcare research infrastructure in the region. Asia Pacific is expected to grow at the fastest pace during the forecast period supported by increasing pharmaceutical R&D spending and rapidly developing healthcare infrastructure in China and India.
Key players:
Key players operating in the sample preparation market are Softdel (A UNIDEL Company), ABB Ltd., Hitachi Ltd., Honeywell International, Avnet Inc., Siemens AG, Legrand SA, Schneider Electric SE, Johnson Controls Inc., Huawei Technologies Co. Ltd., Cisco Systems, and IBM Corporation. Softdel provides automated liquid handling workstations to streamline sample preparation workflows. Hitachi offers cryomicrotomes, automated tissue processors, and slide stainers for histology sample preparation.
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