Automated Sample Storage Systems Market Size

Automated Sample Storage Systems Market Size to Worth Around USD 2.9 Bn by 2027

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Latest Study on “Automated Sample Storage Systems Market Size, Share, Trends, Growth, Production, Consumption, Revenue, Company Analysis and Forecast 2021-2027”.

The global Automated Sample Storage Systems market size is expected to be worth around US$ 2.9 Billion by 2027, according to a new report by nova one advisor.

The global Automated Sample Storage Systems market size was valued at US$ 1.0 Billion in 2020 and is anticipated to grow at a CAGR of 16.1% during forecast period 2021 to 2027.

Report Coverage

Report Scope Details
Market Size USD 2.9 Billion by 2027
Growth Rate CAR 16.1% From 2021 to 2027
Base Year 2020
Forecast Period 2021 to 2027
Largest Market North America
Fastest Growing Market Asia Pacific
Segments  Covered Product Type, Application, Capacity, End User and Region
Report coverage Growth Factors, Revenue Status, Competitive Landscape, and Future Trends
Companies Mentioned  TTP LabTech, Thermo Fisher Scientific, Inc., Angelantoni Life Science, LiCONiC AG, Panasonic Healthcare Co., Ltd., Biotron Healthcare, Haier BioMedical (Haier Group), ASKION, and Tsubakimoto Chain Co.

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Growth Factors:

Automated sample storage systems are computer controlled storage devices used for the preservation of samples such as chemical compounds and biological samples. These systems help laboratory facilities store and retrieve samples efficiently as and when required. The sample storage systems vary from manually controlled, relatively simple and small storage operating devices to large computer controlled automated storage devices. Automated sample storage systems help reduce labor costs and lower essential workforce requirements, improving workplace safety and taking personnel out from difficult working conditions such as cold storage environments.

These systems also help in improving space utilization and increasing storage density, both horizontally and vertically. Nowadays, long-term automated sample storage systems are a requirement for almost every research laboratory. Therefore, this sector has raised the opportunity for business investment. A large number of samples can be stored at individual biobanks with the help of automated sample storage systems, instead of installing devices in separate institutes at the regional and national levels.

Moreover, the market is likewise profiting by the expanded help of government bodies towards the mechanization of biobanks. The use of computerization instruments in biobanks can prompt advantages, for example, decrease in mistakes displayed through manual treatment of tests, protection of test trustworthiness, and vitality and cost reserve funds.

The relentless extension of the worldwide pharmaceuticals division in the previous barely any years has essentially helped the worldwide automated sample storage market gain momentum. Request from the part represents a huge offer in the income of the general market and an expanding number of pharma organizations are moving to robotized arrangements in order to help their throughput and cut down the quantity of mistakes that are acquired because of manual treatment of basic examples. This situation is probably going to stay one of the key drivers of the market over the report’s estimate time frame also.

The Market to be Dominated by Pharma and Biotech Segments

The global automated sample storage systems market is sectioned result type, application type, limit, end client, and area. In light of item type, the robotized test stockpiling frameworks showcase is fragmented into frameworks units and reagents and consumables. The reagents and consumables portion overwhelms the worldwide computerized test stockpiling frameworks advertise, representing the biggest piece of the overall industry in 2016. The fragment is foreseen to rule the computerized test stockpiling framework showcase during the gauge time frame attributable to expanding request and selection of automated sample storage systems market around the world.

Key Players:

This report provides detailed company profiles of the key market players. This research report also highlights the competitive landscape of the Automated Sample Storage Systems market and ranks noticeable companies as per their occurrence in diverse regions across globe and crucial developments initiated by them in the market space. This research study also tracks and evaluates competitive developments, such as collaborations, partnerships, and agreements, mergers and acquisitions; novel product introductions and developments, promotion strategies and Research and Development (R&D) activities in the marketplace. The competitive profiling of these players includes business and financial overview, gross margin, production, sales, and recent developments which can aid in assessing competition in the market.

Some of the prominent players in the Automated Sample Storage Systems market include: TTP LabTech, Thermo Fisher Scientific, Inc., Angelantoni Life Science, LiCONiC AG, Panasonic Healthcare Co., Ltd., Biotron Healthcare, Haier BioMedical (Haier Group), ASKION, and Tsubakimoto Chain Co.

Unravelling the Critical Segments

This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects including product type, application/end-user, and region. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for period 2017 to 2027 and covers subsequent region in its scope:

  • By Product Type
    • System Unit
    • Reagents & Consumables
  • By Application
    • Biological Sample Storage
    • Compound Storage
  • By Capacity
    • Less Than 100K Samples
    • 100K – 500K Samples
    • 500K – 2M Samples
    • More Than 2M Samples
  • By End User
    • Pharma & Biotech Companies
    • Academic Research Labs
    • Private Biobanks

Regional Segmentation:

– North America Region (U.S., Canada, Mexico)

– Europe Region (Germany, UK, France, Russia, Italy, Rest of Europe)

– Asia-Pacific Region (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

– South America Region (Brazil, Argentina, Columbia, Rest of South America)

– The Middle East & Africa Region (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

View Detail Information with Complete TOC@ https://www.novaoneadvisor.com/toc/automated-sample-storage-systems-market

Despite unprecedented implications of the COVID-19 outbreak, the market will gain impetus amidst soaring investment towards sophistication of the healthcare sector. The market survey offers compelling insights into key factors enabling growth through the assessment period. It underscores hidden opportunities across diverse segments. Besides uncovering hidden opportunities, the report presents exclusive insights into challenges posing threat to growth. Alongside this, it offers recommendations to navigate through unforeseen hindrances in the future, while keeping the business afloat.

Scope of the Study

This Automated Sample Storage Systems market report studies market dynamics, status and outlook especially in North America, Europe and Asia-Pacific, Latin America, Middle East and Africa. This research report offers scenario and forecast (revenue/volume), and categorizes market by players, type, application, and region. This report also studies global market prominence, competitive landscape, market share, growth rate market dynamics such as drivers, restraints and opportunities, and distributors and sales channel.

This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers competitive scenario which comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.

Final Report will add the analysis of the impact of COVID-19 on this industry.

Important years considered for this report:

Historical Years: 2017-2019

Base Year: 2020

Forecast Period: 2021-2027

Key Points Covered in Automated Sample Storage Systems Market Survey

  • Demand will remain high in the U.S., backed by favourable reimbursement policies and presence of some of the leading market players.
  • Europe will continue showcasing high demand. Sales will remain high, especially in the U.K., Germany, France, and other countries.
  • China and India will exhibit high demand for Automated Sample Storage Systems, backed by expanding healthcare sector.
  • Focus on research and development will increase in Brazil, creating opportunities for the expansion of the Automated Sample Storage Systems market.
  • Hospitals are expected to showcase higher demand for Automated Sample Storage Systems on account of greater access to advanced technologies and higher footfall of patients.
  • Driven by the presence of some of the leading pharmaceutical producers, demand in the Japan Automated Sample Storage Systems market will continue increasing at a high pace.

Some of the key highlights covered in the report include:

  • Automated Sample Storage Systems Market Demand-Supply Analysis -The report covers detailed insights into demand and supply forces prevailing in the global Automated Sample Storage Systems market. It examines trends and factors influencing demand for Automated Sample Storage Systems globally and gauges the impact of the same on the production.
  • Automated Sample Storage Systems Pricing Analysis – The report presents exclusive pricing analysis. It compares pricing strategies adopted by the leading market players and identifies the most remunerative strategies.
  • Market Segmentation – The report segments the global market in terms of diverse criteria. It identifies the leading segment within each category and identifies growth drivers and restraints affecting growth across each segment.
  • Regional Analysis – The report segments the market in terms of North America, Europe, Latin America, Asia Pacific, and Rest of the World in terms of region. It has chapters exclusively dedicated to analyzing growth trends across each region. It identifies growth drivers as well challenges affecting demand for Automated Sample Storage Systems across the world.
  • Competitive Analysis – Some of the leading market players are profiled in the report on Automated Sample Storage Systems. The report offers estimation of share individually helps by the market players and determines the impact of some of their popular strategies.
  • COVID-19 Impact Analysis – This chapter is exclusively dedicated to gauging how the market has evolved or will develop in the post-pandemic era.
  • Growth Recommendations – In the end, the report presents valuable recommendations to ready businesses for unforeseen challenges in the near future.

Why should you invest in this report?

If you are aiming to enter the global Automated Sample Storage Systems market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for Automated Sample Storage Systems are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2027 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

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