Market Overview:
The global specimen preparation equipment market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for automated specimen preparation equipment and rising prevalence of chronic diseases. The global specimen preparation equipment market is segmented by type, application, and region. By type, the market is divided into manual and automated specimens preparation equipment. The automated specimens preparation equipment segment is expected to grow at a higher CAGR than the manual specimens preparation equipment segment during the forecast period owing to its advantages such as accuracy, speed, and efficiency over manual methods. By application, the market is classified into chemical, biotech, medical device manufacturing & other applications segments. The medical device manufacturing segment accounted for majority share of the global specimen preparation equipments in 2017 due to growing demand for medical devices across globe coupled with stringent regulatory norms mandating quality control measures during production process .Geographically ,the global Specimen Preparation Equipment Marketis analyzed into five regions namely North America , Latin America Europe Asia Pacificand Middle East& Africa . Some of key players operating in thismarket are Thermo Fisher Scientific Inc.
Product Definition:
The equipment used for specimen preparation includes balances, microscopes, glassware, and chemicals. The importance of specimen preparation equipment is that it allows for the accurate measurement of specimens and the proper preparation of slides for microscopic examination.
Manual:
Manuals are used by medical practitioners to provide step-by-step guidance and information on the operation of a device or system. The manual provides complete details of installation, maintenance, and repair for a particular piece of equipment. It also gives information on the conditions that need to be satisfied before using a device or performing an assay.
The global Manual, it's usage.
Automated:
Automated solutions are used in specimen preparation equipment to decrease manual errors and speed up the process. These solutions provide consistency, repeatability, and accuracy thereby increasing efficiency. Automation is gaining popularity in laboratories owing to its advantages such as cost-effectiveness, improved productivity & quality of output, reduced labor costs & floor space along with increased flexibility which allows it to be deployed for multiple tasks simultaneously.
Application Insights:
The medical application segment led the global specimen preparation equipment market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to an increase in demand for biodegradable materials while preparing specimens for testing during clinical trials.
Chemical analysis is one of the key activities performed during drug discovery and development processes. Chemical analysis involves various steps such as sample preparation, liquid/gas chromatography (LC/GC) separation, mass spectroscopy (MS) identification and quantification of chemical compounds from a sample mixture. Preparation of proper samples that contain only minimal amounts of contaminants helps enhance the accuracy while conducting these complex analytical procedures on them resulting in higher adoption across various industries including pharmaceuticals & diagnostics where precision is crucial to profitability margins or even life itself.
Regional Analysis:
North America dominated the global specimen preparation equipment market in 2017. The presence of well-established healthcare facilities, advanced medical technology and skilled professionals are some of the major factors contributing to its growth. In addition, increasing government initiatives for disease prevention at domestic level is expected to drive demand for biopsies and other specimens required for diagnosis in this region. For instance, according to CDC estimates published in Morbidity & Mortality Weekly Report (MMWR), approximately 50% of adults aged 18 years and older have had a blood draw or blood donation within 12 months prior to interview.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing high population density along with rapidly developing economies such as China.
Growth Factors:
- Increasing demand for precision medicine
- Technological advancements in specimen preparation equipment
- Growing number of biotechnology and pharmaceutical companies
- Rising prevalence of chronic diseases
- Increasing funding for research and development
Scope Of The Report
Report Attributes
Report Details
Report Title
Specimen Preparation Equipment Market Research Report
By Type
Manual, Automated
By Application
Chemical, Biotech, Medical, Other
By Companies
Agilent Technologies, Danaher Corporation, Illumina, QIAGEN N.V., PerkinElmer, Bio-Rad Laboratories, JEOL, Hamilton Company, Tecan Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
182
Number of Tables & Figures
128
Customization Available
Yes, the report can be customized as per your need.
Global Specimen Preparation Equipment Market Report Segments:
The global Specimen Preparation Equipment market is segmented on the basis of:
Types
Manual, Automated
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Chemical, Biotech, Medical, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Agilent Technologies
- Danaher Corporation
- Illumina
- QIAGEN N.V.
- PerkinElmer
- Bio-Rad Laboratories
- JEOL
- Hamilton Company
- Tecan Group
Highlights of The Specimen Preparation Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Manual
- Automated
- By Application:
- Chemical
- Biotech
- Medical
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Specimen Preparation Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Specimen preparation equipment is used to clean, cut, and prepare specimens for examination. This equipment can include a microscope, a dissecting microscope, a scalpel blade, and other tools.
Some of the major companies in the specimen preparation equipment market are Agilent Technologies, Danaher Corporation, Illumina, QIAGEN N.V., PerkinElmer, Bio-Rad Laboratories, JEOL, Hamilton Company, Tecan Group.
The specimen preparation equipment market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Specimen Preparation Equipment Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Specimen Preparation Equipment Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Specimen Preparation Equipment Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Specimen Preparation Equipment Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Specimen Preparation Equipment Market Size & Forecast, 2020-2028 4.5.1 Specimen Preparation Equipment Market Size and Y-o-Y Growth 4.5.2 Specimen Preparation Equipment Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Manual
5.2.2 Automated
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Chemical
6.2.2 Biotech
6.2.3 Medical
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Specimen Preparation Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Specimen Preparation Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Manual
9.6.2 Automated
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Chemical
9.10.2 Biotech
9.10.3 Medical
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Manual
10.6.2 Automated
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Chemical
10.10.2 Biotech
10.10.3 Medical
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Manual
11.6.2 Automated
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Chemical
11.10.2 Biotech
11.10.3 Medical
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Manual
12.6.2 Automated
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Chemical
12.10.2 Biotech
12.10.3 Medical
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Manual
13.6.2 Automated
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Chemical
13.10.2 Biotech
13.10.3 Medical
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Specimen Preparation Equipment Market: Competitive Dashboard
14.2 Global Specimen Preparation Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Agilent Technologies
14.3.2 Danaher Corporation
14.3.3 Illumina
14.3.4 QIAGEN N.V.
14.3.5 PerkinElmer
14.3.6 Bio-Rad Laboratories
14.3.7 JEOL
14.3.8 Hamilton Company
14.3.9 Tecan Group