Major On-Going Revolutions in Sample Preparation Techniques Brings Major Makeover in Global Pharma & Biotech Industry

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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On the basis of end user, the 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). The pharmaceutical and biotechnology industry segment is expected to account for the largest share of the market in 2016 and is projected to grow at the highest CAGR in the forecast period.

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

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.

Critical questions the report answers:

# Where will all these developments take the industry in the mid to long term?
# What are the upcoming applications for sample preparation systems?

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.).

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The other players in this market have implemented various strategies to expand their global footprint and increase their market share. Major growth strategies followed by market players include new product launches, agreements, collaborations, and partnerships.

New product launches accounted for major share followed by agreements, collaborations, and partnerships which accounted for the second-largest share of the total number of key growth strategies adopted by players in the sample preparation market during 2013 to 2016. Acquisitions, product enhancement, and other developments (market promotions and grants) are some of the other strategies adopted by players to achieve growth in the sample preparation market.