Solid Phase Extraction Market study by “Data Bridge Market Research” provides details about the market dynamics affecting the Solid Phase Extraction market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favourable competitive landscape and trends prevailing over the years.
Solid Phase Extraction Market study by “Data Bridge Market Research” provides details about the market dynamics affecting the Solid Phase Extraction market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favourable competitive landscape and trends prevailing over the years.
Global Solid Phase Extraction Market research report provides the precious and actionable market insights that prove to be important when it is about creating sustainable and profitable business strategies. Geographical scope of the products is also conducted carefully in the report for the chief global areas which helps characterize strategies for the product distribution in those areas. The credible Global Solid Phase Extraction Market report also helps in the measurement and optimization of each step in the lifecycle of industrial process that mainly includes engagement, acquisition, retention, and monetization. Each of these factors is again researched intensely for an enhanced and actionable market insight.
Global Solid Phase Extraction Market research report approximates the growth rate and the market value based on market dynamics and growth inducing factors. This market report also enlists the chief competitors and presents the strategic insights and analysis of the key factors influencing the industry. The major areas of this report comprises of market definition, market segmentation, competitive analysis and research methodology. Moreover, as it is important for the businesses to attain knowhow of consumer’s demands, preferences, attitudes and their changing tastes about the specific product, this market report endows with all. Global Solid Phase Extraction Market document is the most suitable to the requirements of the client.
Data Bridge Market Research analyses that the solid phase extraction market will account for USD 664.43 billion by 2028 and grow at a CAGR of 4.8% in the forecast period of 2021-2028.
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Healthcare Infrastructure Growth Installed Base and New Technology Penetration
The solid phase extraction market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for solid phase extraction market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the solid phase extraction market. The data is available for historic period 2010 to 2019.
Major Players:-
Merck & Co., Inc., Waters Corporation, Thermo Fisher Scientific Inc., Agilent Technologies, Inc., PerkinElmer Inc., 3M, S*Pure Pte Ltd, JASCO, Phenomenex Inc., Restek Corporation, MACHEREY-NAGEL GmbH & Co. KG, Orochem Technologies Inc., Avantor, Inc., United Chemical Technologies, ANPEL, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Recent Development:-
In July 2018, Fluid Management System (fms-inc), a U.S. based manufacturer of analytical instrument developed a semi-automated solid phase extraction (EZSpe). The company also has several fully automated SPE systems under the brand name EconoTrace, TurboTrace Parallel SPE, TurboTrace Sequential Parallel SPE and many more.
Growing demand of biological fluids tests due to increasing health related issues
The benefit of using SPE is its high selectivity of the molecules or compounds which help in isolating them and gives accurate results. SPE is used in performing the biological analytical tests such as Prostaglandins from urine and blood, 8-iso-prostaglandin F2α from tissue as indicator for oxidative stress, melatonin in human breast cancer tissue, fatty acids, cholesterol and bile acids from tissue and serum, anthraquinone glycosides from feces, nucleosides and orotate from plasma and urine.
- In 2017, there were estimated 10.0 million new cases of active TB and 1,600,000 related deaths worldwide. The increasing diseases among the population and its appropriate identification and treatment are growing tremendously. Thus, the health related issues is driving the solid phase extraction which is growing due to high requirement of the biological tests.
The rise in the demand of biological fluid tests due to the increasing health related issues and surge in the level of investments in academics and life sciences are the major factors influencing the growth of solid phase extraction market. Furthermore, growth in generics and CROs, high investments associated with automation sector and technological advancement in instrumentation are the driving factor accelerating the growth of the solid phase extraction market. In addition to this, the automation of solid phase extraction produces reproducible, reliable and accurate results compared to other substitutes. It will act as a market driver and cushion its growth rate.
Moreover, increase in the utilization of solid phase extraction techniques and expansion of developing countries will further provide beneficial opportunities for the market growth.
However, high costs associated with instruments and strict government policies and regulations of will obstruct the market growth. Lack of trained technicians and high precision requirements for the production of disk and cartridge will further challenge the solid phase extraction market.
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DRIVERS
High Investment Towards Automation of SPE
The demand of SPE in different field for purification and quantification of the compound or molecules in various industries is increasing. The SPE is generally performed manually sample preparation which requires high man-power and consumes a lot of time. Therefore, to meet the need for accurate results with less time, industries are investing in automated SPE systems.
The machine cost ranges between USD 300 and USD 30,000 that depend on size, quality and various features in the machines, whereas the cost of each SPE cartridge or disk is maximum USD 8 per unit. In automated machines over 12 to 100 samples can be tested at a time which reduces the cost per sample preparation.
Drug discovery to boost solid phase extraction
The evaluating of pharmacodynamics and pharmacokinetic characteristics of candidate compounds, metabolism of drug plays dire role in support of drug discovery. The major advantage of using the SPE technique is low consumption of the solvent and high yield. SPE usually employs disposable cartridges filled with sorbents of a small particle size, which is quick and simple to operate. The sample handling losses are avoided and giving easy automation of the pharmacological samples.
Solid phase extraction gives highly accurate results with less time. It aims toward developing miniaturized and automated systems for the analysis of pharmaceuticals and quality control of the drugs. Hence, the on-going investment in drug discovery is expected to drive the solid phase extraction market.
SPE provides more accurate results as compared to its substitutes
Solid-phase extraction has shown tremendous growth in isolation and segregation of the analytes from biological and non-biological matrices. The success of the technique is depended on the relative affinities of analytes between the sample matrix & adsorbent and the relative ease of eluting the analytes for analysis.
The automated SPE system is highly reliable for generation of the accurate and high quality results. Also, results are reproducible which amplifies the usage in the different extraction experiments in various industries. The SPE system is highly selective which the traditional techniques lack. The highly selectivity results in high resolution of the solvents and making the further procedure easier.
The automation of solid phase extraction yield reliable, reproducible and accurate analysis compared to its other substitutes is driving the market for solid phase extraction.
High investment cost associated with automated solid phase extraction system
The increasing demand of the pharmacological investment requires automated systems for faster and accurate analytical process. The cost automated machines is so high that it increases the cost of testing and diagnosis.
Stringent Regulations to Meet Environment Laws
The solid phase extraction probes are composed of polymer, silica gel and polyurethane of certain composition. The composition of the probe should meet standards otherwise it gets rejected. The use of these rejected pieces is banned in American and European region.
The waste samples generated from the test may contain toxic and infectious components which can lead to causing disease. Therefore, the process and method should be performed carefully. If the regulations do not meet the standard, the technique gets banned.
- Environmental Protection Agency (EPA) has selected analytical methods for Environmental Remediation and Recovery (SAM). The method should be followed by the laboratories performing analysis on environmental contaminants.
Hence, the stringent regulations are definitely restrained for the Global Solid Phase Extraction Market.
OPPORTUNITIES
Supply of SPE products at low cost
The developing countries such as South Africa, Algeria, Nigeria, Kenya, Indonesia, Thailand and Argentina have high demand for the sample preparation for using solid phase extraction method. Supplying SPE products at low cost will yield higher sales in these countries.
The manufacturers of SPE designs and produce probe at very low cost but they are available at very high prices in the market. The very high margin in price results in less purchasing of the products. The products which can be available at cheaper prices can increase it sale around the globe. Therefore, it is a a great opportunity for the market to grow in the future.
GROWING DEMAND OF QUECHERS TESTING GLOBALLY
The benefit of using the quenchers is that it helps DisQueD d-SPE products has already packed centrifuged tubes having pre-packaged sorbents. The packed quenchers reduce the chances of the errors and gives accurate results. The advantage of using quenchers is decreased time spent on the sample preparation as the sorbents come pre-measured and packed, efficient and cost effective sample preparation, highly reliable, cost-efficient and high quality product in a very convenient format.
The pesticides have potential to cause toxins in human being and most of the pesticide used in agriculture gets diffused in the environment.
A test was conducted by Monitoring of Pesticide Residues at National Level in India and it founds that, out of 16,790 samples, 509 has high level of pesticides which comprises veggies, fruits, spices, rice, wheat and other food items. Also 7,591 samples were collected from various wholesale and retail markets, located in different parts of the country and analyzed by 25 laboratories and found that 221 out of 7,591 vegetables have pesticides residues above MRL.
Beverage industry showcasing new avenues due to growing demand
The rising demand of the beverage is due to increasing number of working women and nuclear families. It directly gives opportunity for the solid phase extraction market to grow as there are large number of food and other materials which requires a lot food testing, purification and quantification.
The young population, aspiring to improve their standard of living which is expected to drive the growth of the country’s growing beverages sector. Increased preference for convenience and higher instances of drinking out is giving opportunity for the market to grow in the future. Therefore, high demand of the beverage will also give opportunity SPE market to grow in the future.
Table of Contents:
- Introduction
- Market Segmentation
- Market Overview
- Executive Summary
- Premium Insights
- By Component
- Product Type
- Delivery
- Industry Type
- Geography
- Overview
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
- Company Landscape
- Company Profiles
- Related Reports
For More Insights Get Detailed TOC @ https://www.databridgemarketresearch.com/toc/?dbmr=global-solid-phase-extraction-market
Global Solid Phase Extraction Market Scope and Market Size
The solid phase extraction market is segmented on the basis of type and application. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of type, the solid phase extraction market is segmented into SPE cartridge, SPE disk and others.
- On the basis of application, the solid phase extraction market is segmented into pharmaceuticals, environmental, food and beverage industry, biological fluids and others.
Browse Regional Reports:-
Asia-Pacific Solid Phase Extraction Market - Industry Trends and Forecast to 2028
Asia-Pacific Solid Phase Extraction Market by Type (SPE Cartridge, SPE Disk, Others), Application (Pharmaceuticals, Environmental, Food & Beverage Industry, Biological Fluids, Others), Country (China, India, Japan, South Korea, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific) – Industry Trends & Forecast to 2028
Read More@
https://www.databridgemarketresearch.com/reports/asia-pacific-solid-phase-extraction-market
Europe Solid Phase Extraction Market – Industry Trends and Forecast to 2028
Europe Solid Phase Extraction Market, By Type (SPE Cartridge, SPE Disk, Others), Application (Pharmaceuticals, Environmental, Food & Beverage Industry, Biological Fluids, Others), Country (Germany, U.K., Italy, France, Russia, Switzerland, Turkey, Spain, Belgium, Netherlands, Rest of Europe) Industry Trends & Forecast to 2028.
Read More@
https://www.databridgemarketresearch.com/reports/europe-solid-phase-extraction-market
Middle East and Africa Solid Phase Extraction Market – Industry Trends and Forecast to 2028
Middle East and Africa Solid Phase Extraction Market, By Type (SPE Cartridge, SPE Disk, Others), Application (Pharmaceuticals, Environmental, Food & Beverage Industry, Biological Fluids, Others), Country (Saudi Arabia, South Africa, UAE, Israel, Kuwait, Egypt and Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Read More@
https://www.databridgemarketresearch.com/reports/middle-east-africa-solid-phase-extraction-market
North America Solid Phase Extraction Market – Industry Trends and Forecast to 2028
North America Solid Phase Extraction Market, By Type (SPE Cartridge, SPE Disk, Others), Application (Pharmaceuticals, Environmental, Food & Beverage Industry, Biological Fluids, Others), Country (U.S., Canada, Mexico) – Industry Trends and Forecast to 2028.
Read More@
https://www.databridgemarketresearch.com/reports/north-america-solid-phase-extraction-market
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