Automated Sample Storage Systems Market Outlook
According to the report by Expert Market Research (EMR), the global automated sample storage systems market price, is projected to grow at a CAGR of 13.8% between 2023 and 2028. Aided by the increasing demand for efficient sample storage solutions and the broadening applications of automated sample storage systems in various sectors, the market is expected to grow significantly by 2028.
Automated sample storage systems are key in the field of research and clinical studies, providing the means for precise, large-scale sample storage and retrieval. They are especially critical in biobanks, pharmaceuticals, and life science research organisations where there is a need for maintaining the integrity of a vast number of biological samples under specific storage conditions. By promoting efficiency, reducing the risk of cross-contamination, and ensuring the consistency of sample storage conditions, these systems play a central role in maintaining the quality of samples and, ultimately, the reliability of research outcomes.
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The escalating demand for effective sample storage solutions is a major driving force for the global automated sample storage systems market growth. With the burgeoning volume of biological samples necessitated by the increasing scale and number of research projects, there has been a significant surge in the need for automated sample storage systems. Additionally, the emerging trend of large-scale genomic and proteomic studies has further magnified the popularity of these systems, given their crucial role in maintaining the stability of genomic and proteomic samples.
The widening applications of automated sample storage systems in diverse sectors also significantly contribute to the automated sample storage systems market expansion. These systems are utilised in the pharmaceutical sector to keep chemicals and biological samples that are used in drug research and development. For storing a wide range of biological samples, including DNA, RNA, tissue, cells, and blood, biobanks heavily rely on these technologies. Additionally, automated sample storage systems are necessary for maintaining a range of samples that are critical for research in disciplines including genomics, proteomics, and cell biology.
Furthermore, the growing demand for high-throughput screening (HTS) in the pharmaceutical and biotech sectors has led to an increased emphasis on automated sample storage systems. With the rise of personalised medicine and the growing popularity of high-throughput techniques, these systems have emerged as a critical element in maintaining the efficiency and accuracy of HTS procedures, thus propelling the automated sample storage systems market.
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Automated Sample Storage Systems Market Segmentation
The market can be divided based on product type, application, end use, and region.
Market Breakup by Product Type
- System Units
- Reagents and Consumables
Market Breakup by Application
- Biological Sample
- Chemical Compound Sample
- Others
Market Breakup by End Use
- Pharmaceutical and Biological Companies
- Academic and Research Institutions
- Private Biobanks
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global automated sample storage systems companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- Thermo Fisher Scientific Inc.
- Hamilton Bonaduz AG
- SPT Labtech Ltd
- Angelantoni Life Science Srl
- LiCONiC AG
- Azenta Life Sciences
- Others
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