The Global Automated Sample Storage Systems Industry is expected to reach US$ 1100 million in 2023, growing at a compound annual growth rate of 11.6% from its projected value of US$ 1004.7 million in 2022. The market for automated sample storage systems is expected to grow and be supported by a number of factors, including the advantages provided by laboratories and the capacity to handle large volumes of fragments.
Automated sample storage systems are computer-controlled storage devices for the preservation of samples mostly used in chemical and life science domains. These type of systems provides a facility to store and retrieve the sample as and when required. By dropping sample temperatures beneath the glass transition phase of water, all the metabolic activities halt which results in longer duration storage.
The sample storage systems vary from manually controlled, relatively simple, and small storage operating devices to large computer-controlled automated storage devices. It reduces labor costs, lowers essential workforce requirements, improves workplace safety, and takes out personnel from difficult working conditions (such as cold storage environments). These systems also helped in improving space utilization and increasing storage density – both horizontally and vertically. Nowadays, the long-term automated sample storage system is a requirement of almost every research laboratory. Therefore, this sector also raises opportunities for business investment.
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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: 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.
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.
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Global Automated Sample Storage Systems Industry: 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.
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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.
Report Highlights:
- Detailed overview of the parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint.
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.
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