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Sample Preparation Market by Product and Application Worth $5,672 Million by 2018 - New Research Report by MarketsandMarkets

(PRWEB) August 23, 2014

This report studies the "Sample Preparation Market by Product (Instruments (Workstations, Liquid Handling Systems), Consumables (Tubes), Kits (Isolation, Purification), By Application (Genomics, Proteomics), by End Users (Molecular Diagnostics) - Global Forecast to 2018" This market was valued at $4,254.8 million in 2013 and is poised to grow at a CAGR of 5.9% from 2013 to 2018, to reach $5,672.0 million by 2018.

Browse 98 market data Tables and 23 Figures spread through 253 Pages and in-depth TOC

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The global market is segmented on the basis of products, applications, end users and geography. Based on products, the market comprises instruments, consumables, accessories and sample preparation kits. Instruments include sample preparation workstations, liquid handling systems, extraction systems and others. Liquid handling systems comprise liquid handling workstations, pippetting systems, reagent dispensers, microplate washers and others. Other instruments include tissue lyser and tissue disruptor.

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The consumables divided into filters, columns, tubes, plates and others. Accessories include caps, tips, disposable bags/box, rod covers, adapters, tip and tube holder, plate carrier. Sample Preparation kits further classified into purification kits (DNA, RNA, Nucleic Acid and Protein), extraction kits (DNA, RNA, Nucleic Acid and Protein), isolation kits (DNA, RNA, Nucleic Acid and Protein), and others (Cell Lysis kits and Clean- up kits).

Based on applications the market is segmented into genomics, proteomics, epigenomics, and others. The market by end users includes molecular diagnostics, pharmaceuticals & biotechnology, applied testing, and academic research institutes.

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Based on geography, the market is divided into North America, Europe, Asia, and the Rest of World (RoW). North America is the largest market, followed by Europe and Asia. However, the Asian market is slated to grow at the highest rate over the next five years.

Over the years, the demand for sample preparation instruments and kits is likely to increase owing to a number of factors such as technological advancements in sample preparation workstations, global alliances amongst leading research institutes to boost drug discovery, increasing life science and R&D spending, growing demand for modern extraction techniques, and technological advancements in analytical instruments. However, the high cost of the systems and difficulty in developing ‘one-size-fits-all’ sample preparation kits are the major factors hindering the growth of this market.

The major players in the global 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.), Sigma-Aldrich Corporation (U.S.), Norgen Biotek Corporation (Canada), Hamilton Company (U.S.), Tecan Group Ltd. (Switzerland), Merck Millipore (U.S.), and Roche Applied Science (U.S.).

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