Sample preparation market witnesses high competitive intensity as there are several big and many small firms with similar product offerings. These companies adopt various strategies (new product launch, agreements, partnerships, collaborations acquisitions, and expansions) to increase their market shares and to establish a strong foothold in global market.
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Sample preparation market is poised to reach USD 7,203.2 Million by 2021 from USD 5,512.2 Million in 2016, growing at a CAGR of 5.5% during forecast period of 2016 to 2021. Sample preparation involves conversion of samples into a format which can be directly placed in analytical instruments for analysis.
Conversion process ranges from simple ‘dilute and shoot’ methods to complex multi-stage sample handling activities.
Sample Preparation Market, By Application
Sample Preparation Market, By End User
2 Molecular Diagnostics
3 Applied Testing
4 Pharmaceutical & Biotechnology
5 Academic Research Institutes
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Sample preparation market is segmented into pharmaceutical and biotechnology industry, research & academic institutes, food and beverage industry, and other end users (clinical research laboratories, forensic laboratories, and environmental testing industry). Pharmaceutical and biotechnology industry segment is expected to account for largest share of market in 2016, and is projected to grow at highest CAGR during forecast period.
2 New Product Launches
3 Agreements, Partnerships, & Collaborations
Sample preparation market include 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).
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The sample preparation market witnesses high competitive intensity as there are several big and many small firms with similar product offerings. These companies adopt various strategies (new product launch, agreements, partnerships, collaborations acquisitions, and expansions) to increase their market shares and to establish a strong foothold in the global market.
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