Selbyville, Delaware, Global Automated Sample Storage Systems Market Report added at Market Study Report LLC offers industry size, share, growth, trends and forecast analysis up to 2027. Automated Sample Storage Systems Market Report also covers top key players, porters five forces analysis and market segmentation in detail. This report examines the global Automated Sample Storage Systems market and provides information regarding the revenue for the period 2020 to 2027.
Global Automated Sample Storage Systems Market to reach USD 2486.6 million by 2027. Global Automated Sample Storage Systems Market is valued at approximately USD 942 million in 2019 and is anticipated to grow with a healthy growth rate of more than 12.9% over the forecast period 2020-2027.
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Automated sample storage systems are a sort of computer-controlled storage devices utilized for the safety of samples, such as biological samples and chemical compounds. These systems assist laboratory facilities to retrieve and store samples competently as and when needed. The systems differ from manually controlled, comparatively simple and compact-sized storage operating devices to large computer controlled automated storage devices. More often these systems help to lower labor costs and reduce vital workforce requirements, enhancing workplace safety and carrying personnel out from challenging working conditions, such as cold storage environments.
Therefore, these factors may strengthen the adoption for automated storage systems worldwide. Furthermore, the rise in research and development activities in laboratories, along with the increase in prevalence of chronic diseases, such as cancer and immunological disorder are the few factors responsible for the high CAGR of the market during the forecast period.
For instance, the National Cancer Institute (NIH) assessed that the prevalence of cancer has a major impact on society across the United States and in the world. As of January 2019, there were around 16.9 million cancer patients reported in the United States and is likely to increase to almost 22.2 million by the year 2030. Also, in 2020, an estimated 1,806,590 new cases of cancer were found and will be diagnosed in the United States. Similarly, according to the National Center for Biotechnology Information (NCBI), the total cancer cases were almost 979,786 in 2010 and is reached to almost 1,148,757 cases in 2020. This, in turn, is expected to leverage the market growth during the forecast period. However, the high installation and maintenance cost, coupled with uninterrupted electricity problem are the few major factors restraining the market growth over the forecast period of 2020-2027.
Major market player included in this report are:
- Brooks Automation
- TTP LabTech
- Thermo Fisher Scientific Inc.
- Hamilton Company
- Angelantoni Life Science
- Panasonic Healthcare
- Biotron Healthcare
- Haier BioMedical
- Tsubakimoto Chain
The regional analysis of the global Automated Sample Storage Systems market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the rise in research & development activities in research laboratories, and the presence of a significant number of market vendors in the region. Whereas Asia-Pacific is anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the rise in prevalence of cancer and immunological disorder, along with the increasing healthcare infrastructure in developing countries, such as China and India, would create lucrative growth prospects for the automated sample storage systems market across the Asia-Pacific region.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
Automated Compound Storage Systems
Automated Liquid Handling Systems
By Sample Type:
Pharmaceutical and Biotech Companies
- North America
- Asia Pacific
- Latin America
- Rest of the World
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