Dublin, Sept. 09, 2024 (GLOBE NEWSWIRE) -- The "Europe Automated Sample Preparation Market (For Genomic Applications): Focus on Product, Application, End-User, and Country - Analysis and Forecast, 2023-2033" report has been added to ResearchAndMarkets.com's offering.
Europe's automated sample preparation market was valued at $381.3 million in 2023 and is expected to reach $925.1 million by 2033, growing at a CAGR of 9.27% between 2023 and 2033.
The growth of the automated sample preparation market in Europe is fueled by the rising demand for high-throughput and standardized sample processing, particularly in industries like genomics. As research and diagnostic needs evolve, laboratories increasingly adopt automated sample preparation solutions to optimize and streamline their analytical workflows.
The market for automated sample preparation in Europe is expanding significantly due to the growing need for laboratory workflows that are standardized, precise, and efficient. The region is still a center for cutting edge research and diagnostics worldwide, so automated sample preparation solutions are now essential. At the forefront of this demand are the genomics, proteomics, and clinical diagnostics industries, which call for high-throughput systems that can handle substantial volumes of samples with little assistance from humans.
In addition to lowering the possibility of human error, automation in sample preparation guarantees consistency between experiments, which is essential for the repeatability and dependability of study results. This is especially crucial given the strict regulatory framework in Europe, where adherence to standards is mandatory.
Additionally, the demand for scalable, automated solutions has increased as advanced diagnostics and personalized medicine gain popularity throughout Europe. These technologies are being used by laboratories more frequently in order to increase throughput, shorten turnaround times, and handle the increasingly complex sample processing.
Strong R&D investments are another feature of the European market, where numerous businesses and academic institutions are setting the standard for innovation. It is anticipated that this pattern will persist, propelling the implementation of automated sample preparation solutions throughout the continent.
Report Scope:
Product/Innovation Strategy: The Europe automated sample preparation market has been segmented based on various categories, such as product type, application, and end user. This can help readers get a clear overview of which segments account for the largest share and which ones are well-positioned to grow in the coming years.
Competitive Strategy: The Europe automated sample preparation market is a highly fragmented market, with many smaller and private companies constantly entering the market. Key players in the automated sample preparation market analyzed and profiled in the study involve established players that offer various kinds of products and services.
Key Attributes:
Report Attribute | Details |
No. of Pages | 71 |
Forecast Period | 2023 - 2033 |
Estimated Market Value (USD) in 2023 | $381.3 Million |
Forecasted Market Value (USD) by 2033 | $925.1 Million |
Compound Annual Growth Rate | 9.2% |
Regions Covered | Europe |
Key Topics Covered:
1 Markets
1.1 Trends: Current and Future Impact Assessment
1.1.1 Automated Sample Preparation Market Trend Analysis
1.1.2 Miniaturization of the Laboratory Automated Instruments
1.2 Value Chain Analysis
1.3 Research and Development Review
1.4 Regulatory Landscape
1.5 Impact Analysis for Key Global Events - COVID-19
1.6 Market Dynamics Overview
1.6.1 Market Drivers
1.6.1.1 Error Reduction and Improved Turnaround Time by Implementing Automated Sample Processing
1.6.1.2 Increased Demand for Automated Sample Preparation due to Shortage of Skilled Laboratory Staff
1.6.1.3 Increasing Prevalence of Infectious Diseases and Cancer Cases
1.6.2 Market Restraints
1.6.2.1 Integration with the Current Laboratory Setup a Complex Process
1.6.2.2 High Cost Associated with Automated Instruments
1.6.3 Market Opportunities
1.6.3.1 Product Launches and Upgradation Creating an Opportunity for Growth in the Market
1.6.3.2 Increasing Opportunity for Automated Systems in Developing Countries
2 Regions
2.1 Regional Summary
2.2 Drivers and Restraints
2.3 Europe
2.3.1 Regional Overview
2.3.2 Driving Factors for Market Growth
2.3.3 Factors Challenging the Market
2.3.4 Application
2.3.5 Product
2.3.6 France
2.3.7 Germany
2.3.8 U.K.
2.3.9 Spain
2.3.10 Italy
2.3.11 Rest-of-Europe
3 Markets Competitive Benchmarking & Company Profiles
- F. Hoffmann-La Roche
- Metrohm
- QIAGEN
- SOTAX
- Tecan Trading
For more information about this report visit https://www.researchandmarkets.com/r/kl92no
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