SAMPLE PREPARATION MARKET ANALYSIS

Sample Preparation MarketSize and Trends

Global sample preparation market is estimated to be valued at USD 8.62 Bn in 2024 and is expected to exhibit a CAGR of 6.4% during the forecast period (2024-2031).

Figure 1. Global Sample Preparation Market Value (US$ Bn), by Region, 2024

Rapid shift from manual to automated sample preparation methods is expected to drive growth of the global sample preparation market.

Increasing adoption of innovative technologies and high requirements for product development are propelling demand for automation in sample preparation instruments. Furthermore, automated sample preparation offer various advantages such high productivity, repeatability, and traceability. It also lowers operator’s health and safety risks by reducing exposure to hazardous chemicals such as Ammonia, Sulfuric Acid. and biological laboratory samples. Furthermore, customers prefer total framework solutions, instead of standalone workstations, as they offer integration of different sample preparation instruments at one place. Automated sample preparation enhances the productivity of a laboratory by minimizing the resource allocation for repetitive tasks such as sample extraction, filtration, weighing, dilution, and sample analysis.

Moreover, key players are focused on introducing innovative products in the sample preparation market, which is expected to drive growth of market. For instance, on May 18, 2022, Biotage, a manufacturing company of products for drug discovery, development, diagnostics, and analytical testing, launched the Biotage Extrahera HV-5000, an automated workstation dedicated to column-based sample preparation that is able to aspirate and dispense high volume samples. The system maintains the Extrahera family’s small footprint, intuitive software, and precision engineering for the uniform processing of samples. With its 4-channel pipette head, the new workstation is able to aspirate and dispense volumes of 250 – 5000 µL per channel, and offers Good laboratory practice (GLP) capability and support for solid-phase extraction (SPE) and supported liquid extraction (SLE) column formats.

Figure 2. Global Sample Preparation Market Share, By Product Type, 2024

Increasing advancement in blood collection tools and growing research and development funding from various government and private organizations are expected to drive market growth.

Various government and private organizations are focusing on increasing research and development investment in clinical diagnostic, forensic, proteomics, and genomics research. Proper sample preparation is vital to obtain significant and accurate results. Moreover, increasing research and development (R&D) spending by various government and private organizations is expected to increase adoption of advanced sample preparation instruments over forecast period. For instance, The German Research Foundation (DFG) on March 2018, funded US$ 17.3 million to four new Germany-based sequencing centers. The funding will be used to conduct research in next-generation sequencing field. In April 2018, DNA Script, DNA Synthesis Company has received US$ 5.5 million in funding from European Commission and France-based investment bank, Bpifrance. The funding was provided as a part of subsidies and refundable advances of European Commission’s Horizon 2020 European Innovation Council program and Bpifrance's innovation development programs. DNA Script intends to make innovation in synthesis of Deoxyribonucleic acid (DNA) and Ribonucleic acid (RNA) using its proprietary enzymatic technology.