In a compelling revelation for the year 2022, the Automated Sample Storage Systems Industry is poised for remarkable growth, expected to be valued at US$ 992.5 million, and projected to surge to a staggering US$ 3,395.6 million by 2032. A forecasted Compound Annual Growth Rate (CAGR) of 11.8% during this pivotal decade underpins this exponential growth.
The driving force behind this phenomenal expansion is the escalating demand for automated sample storage solutions across diverse industries, prominently including biotechnology, chemicals, pharmaceuticals, and other sectors. These industries are increasingly turning to automated sample storage systems for their invaluable capabilities.
Automated sample storage systems represent a paradigm shift in the preservation and management of samples, predominantly utilized in the chemical and life science domains. These sophisticated systems offer precise, computer-controlled storage, enabling the preservation and retrieval of samples with unparalleled efficiency.
The sample storage systems vary from manually controlled, relatively simple and small storage operating devices to large computer controlled automated storage devices. It reduces labour costs, lowers essential workforce requirements, improving workplace safety, and taking out personnel from difficult working conditions (such as cold storage environments). These systems also helped in improving the space utilization and increasing storage density – both horizontally and vertically. Nowadays, long term automated sample storage system is the requirement of almost every research laboratory. Therefore, this sector also rises opportunity for business investment.
Request a Sample Report Now to get Premium Insights:
https://www.futuremarketinsights.com/reports/sample/rep-gb-4123
Various sample storage service providers are also increasing its market as a large number of samples can be stored at one place instead of installing device in separate institutes such as the development of regional and national biobanks.Demand for the automated sample storage systems are more for clinical research purposes. These systems are designed to overcome several problems in sample collection and storage. It stores a variety of labwares, including a wide variety of micro tubes, cryoviles, and blood tubes, some systems can store more than 10 million samples. The machine size varies from M to XL. Robotic systems are also nowadays integrated along with the system in many workstations.
Global Automated Sample Storage Systems Industry: Drivers & Restraints
Automated sample storage market is anticipated to have linear growth proportional due to the increase in number of life science and pharmaceutical research activities globally. These automated sample storage systems has overcome the shortcomings of storing in liquid nitrogen. Theses automated freezer systems checks any significant temperature rises, thus the freeze-thaw cycles are restricted and potential sample degradation is prevented.
These type of advantages associated with the automated sample storage system drives its market. The rise in funding in the research sector also increases its market. High installation and maintenance cost limits the market expansion. Uninterrupted electricity problem in some region also limits its installation. Maintaining a large and highly integrated system also requires training and experience. Companies often experience significant ongoing costs for maintenance and updating of various subsystems.
Global Automated Sample Storage Systems Industry Treatment Market: Overview
Automated sample storage systems has created a requirement for effective storage practices and standard operating procedures. The requirement of maintaining sample integrity and viability by adopting new storage methodologies and solutions assures better sample quality for the research community and thus proliferate the market of automated sample storage systems.
Demand of these products is also increasing in the manufacturing industries for storing large scale industrial samples mostly in the biopharmaceutical and chemical industries. Vendors such as Biomatrica and IntegenX, Inc are also involved in developing reagents for stabilizing the DNA and RNA as to keep them last long under ambient temperature. This process effectively eliminates the need for freezer units and extra storage space.
Delving into the study’s assumptions. Ask from Market Research Expert
https://www.futuremarketinsights.com/ask-question/rep-gb-4123
Global Automated Sample Storage Systems Industry: Region-wise Outlook
North America and European regions are established market with large number of global key players and number of established biobanks in the region.
The ongoing research and development activities and huge fundings in commercial manufacturing in the region are fueling the demand for highly advanced laboratory and research solutions In addition, huge number of biopharmaceutical research is also carried in these nations thus require large storage units for sample storage.
Asia Pacific has a growing demand in this business sector and a time for marketing and business development in these countries as these nations are going to proliferate in the future because the of the growing economy and continuous investment in various research facilities.
Global Automated Sample Storage Systems Industry Treatment Market: Key Players
Various companies are involved in the manufacturing and distribution of devices for automated sample storage systems. Some of the companies are involved in providing services for storing samples such as various biobanks. A number of global key players in this industry are Hamilton Company, Biomatrica Inc., IntegenX, Inc., Brooks Automation, Inc., TTP Labtech, Swisslog, Thermo Electron Corporation, Angelantoni Life Science, and others.
The report covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
The regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
- Eastern Europe (Poland, Russia)
- Asia-Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- The Middle East and Africa (GCC, S. Africa, N. Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessments by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Level Up Your Market Understanding – Buy Now!
https://www.futuremarketinsights.com/checkout/4123
Global Automated Sample Storage Systems Industry: Segmentation
Segmentation by Product Type
- System Unit
- Reagents and consumables
Segmentation by End User
- Hospitals
- Diagnostic Labs
- Chemical Industries
- Biopharmaceutical Industries
- Research Laboratories.
Author
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
