Press Release

Automated Sample Storage Systems Market to Grow with a CAGR of 7.25% through 2028

Rising pharmaceutical and clinical research advancements and expanding demand for efficient sample management are factors driving the Global Automated Sample Storage Systems Market in the forecast period 2024-2028.

 

According to TechSci Research report, “Automated Sample Storage Systems Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Automated Sample Storage Systems Market stood at USD 924.32 million in 2022 and is anticipated to grow with a CAGR of 7.25% in the forecast period, 2024-2028. The global automated sample storage systems market is witnessing remarkable growth, driven by a combination of factors that are shaping the future of research, healthcare, and pharmaceutical industries. These automated systems offer a revolutionary approach to sample management, ensuring precision, scalability, and increased efficiency in sample storage and retrieval. One of the primary drivers of the global automated sample storage systems market is the increasing demand for efficient sample management across various industries, including pharmaceuticals, biotechnology, healthcare, and academia. Traditional manual sample storage methods are time-consuming and prone to errors, while automated systems offer consistent, error-free, and reliable sample handling. This demand for streamlined and efficient sample management is pushing organizations to invest in automated sample storage solutions.

 

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Biobanking and genomic research are crucial in advancing our understanding of genetic diseases, drug development, and personalized medicine. As these fields continue to grow, the need for automated sample storage systems becomes increasingly evident. These systems provide a secure and organized way to store valuable biological samples, such as DNA, RNA, and tissues, while ensuring sample integrity and traceability. The automation of these processes accelerates research efforts, fostering innovation and discoveries.

The pharmaceutical and clinical research industries are experiencing a surge in R&D activities, fueled by the quest for novel drug discoveries and precision medicine solutions. Automated sample storage systems are essential to manage the vast quantities of samples generated during drug development and clinical trials. The ability to efficiently store, track, and retrieve samples is a significant driver for the adoption of automated storage solutions in these sectors.

High-throughput screening (HTS) is a fundamental process in drug discovery and genomics research. Automated sample storage systems facilitate HTS by providing quick access to a large number of samples, increasing the efficiency of screening processes. The demand for HTS capabilities is driving the adoption of automated storage systems across research and pharmaceutical laboratories.

The Global Automated Sample Storage Systems Market is segmented into product, end user and company.

Based on end user, the Pharmaceutical and Biotech Companies segment has emerged as the predominant market leader. Pharmaceutical and biotech companies are at the forefront of the global automated sample storage systems market due to their relentless pursuit of research and development in the life sciences and healthcare sectors. The increasing need for efficient sample management, the growing significance of biobanks, and the drive for precision medicine initiatives have all fueled the demand for automated sample storage systems. By leveraging these technologies, these companies can optimize their operations, reduce costs, and advance their research efforts, ultimately contributing to the development of innovative therapies and treatments for patients worldwide.

Based on region, North America segment is expected to grow during the forecast period.  North America is home to world-renowned academic and research institutions that rely heavily on automated sample storage systems. These institutions conduct critical research across a variety of fields, and the need for efficient sample management is essential for their success. North America boasts a favorable regulatory environment for the healthcare and life sciences industries. Regulatory bodies such as the FDA in the United States maintain strict guidelines for sample storage and management, necessitating advanced and reliable storage systems to ensure compliance. This has driven the adoption of automated solutions.

The Asia Pacific region is experiencing rapid market growth. The region benefits from a robust ecosystem of investors, manufacturers, and service providers dedicated to the development and deployment of automated sample storage solutions. This collaborative environment has accelerated the growth of the industry.

 

Major companies operating in Global Automated Sample Storage Systems Market are:

  • Thermo Fisher Scientific, Inc.
  • Beckman Coulter, Inc. (Danaher)
  • Hamilton Company
  • Azenta US, Inc.
  • MEGAROBO Technologies Co.,Ltd.
  • SPT Labtech Ltd
  • LiCONiC AG
  • MICRONIC
  • ASKION GmbH
  • Haier Biomedical

 

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“The global automated sample storage systems market is on a growth trajectory, driven by the increasing demand for efficient sample management, expanding biobanking and genomic research, advancements in pharmaceutical and clinical research, regulatory compliance requirements, the need for high-throughput screening, and continuous technological innovations in sample handling. As these drivers continue to shape the market, automated sample storage systems will play a pivotal role in advancing scientific research, improving healthcare, and accelerating drug discovery processes across the globe.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

Automated Sample Storage Systems Market By Product (Automated Compound Storage Systems, Automated Liquid Handling Systems, Others), By End user (Pharmaceutical and Biotech Companies, Academic and Research Institutions, Biobanks, Others), By Region, By Competition Forecast & Opportunities, 2018-2028F”, has evaluated the future growth potential of Global Automated Sample Storage Systems Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Automated Sample Storage Systems Market.

 

Contact

Mr. Ken Mathews

Techsci Research LLC

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New York, United States- 10170

Tel: +1-332-258-6602

Email: [email protected]

Website: www.techsciresearch.com

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Automated Sample Storage Systems Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Product (Automated Compound Storage Systems, Automated Liquid Handling Systems, Others), By End user (Pharmaceutical and Biotech Companies, Academic and Research Institutions, Biobanks, Others), By Region and Competition

Healthcare | Nov, 2023

Rising pharmaceutical and clinical research advancements and expanding demand for efficient sample management are factors driving the Global Automated Sample Storage Systems Market in the forecast period 2024-2028.

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