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 required. There are various types of sample storage systems such as manually controlled, relatively simple and small storage operating device and large computer controlled automated storage devices. Automated sample storage systems help in reducing the labor costs and the lesser essential workforce requirements, improving workplace safety and taking personnel out from difficult working conditions such as cold storage environment. It is also used in improving space utilization and enhancing the storage density. Recently, the long-term automated sample storage systems are mostly used by the research laboratory. Hence, it has increased the chances for business investment. Individual biobanks have high capacity to store large number of samples by the help of automated sample storage systems. It reduces the separation work of keeping the devices in separate institutes at the regional and national levels. Clinical research is the main purpose to hike the demand of automated sample storage systems. It solves various problems of sample collection and storage.
COVID-19 Scenario analysis:
To take care of infected population the demand for medical supplies is increasing. Respiratory support devices such as atomizer, life-support machine, oxygen generator, and monitor are among the majorly used medical devices in primary clinical treatment. Moreover, COVID-19 has led to a huge surge in demand for medical supplies such as personal protective equipment including masks, gloves, and protective eyeglasses. With rise in number of COVID-19 cases worldwide, the need for medical supplies keeps on rising among, both healthcare professionals and civil population for precautionary measures. Manufacturers of these products have a chance to capitalize this increased demand of medical supplies to ensure adequate and continuous supply of personal protective equipment in the market.
Top impacting factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis
Automated sample storage methods are designed for laboratories and so they can easily manage and monitor the forensic sample reports. They are widely used in hospitals, chemical industries, biopharmaceutical industries, and others. Increase in the investments in pharmaceutical sector is driving the growth of the automated sample storage systems market. Also, the reduced labour cost is posing to drive the growth of the market. Furthermore, affordable cost, reduced labour expenses support the growth of the market. Moreover, increase in number of life sciences and pharmaceutical research activities increase the growth of the market. Rise in funding from the market players can also help to boost the growth of the automated sample storage system market.
However, high installation and maintenance costs and the requirement of consecutive electricity is expected to restrain the growth of the market.
New product launches to flourish the market:
In November 2018, Oxford instruments announced the launch of their new sample automation system MQ-Auto, which is specially designed for MQC+ range of benchtop NMR analysers. This system enhances the productivity and can be used without any experts.
In December 2016, Hamilton storage announced the launch of a new low-capacity automated sample management system SAM HD. It is a reliable solution for the lab so that it can change from manual to automated sample storage. It has a user-friendly touchscreen PC along with INSTINCT S Software.
Surge in the usage of automated sample storage systems:
Increase in the number of advantages provided by the systems such as restricting freeze thaw cycles and preventing the process of potential sample degradation can help to surge the usage of the automated sample storage system. Moreover, decrease in the cost of installation and maintenance of the systems can also surge its usage globally.
Key benefits of the report:
- This study presents the analytical depiction of the global automated sample storage system industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global automated sample storage system market share.
- The current market is quantitatively analyzed to highlight the global automated sample storage system market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global automated sample storage system market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions answered in the automated sample storage system market research report:
- What are the leading market players active in the automated sample storage system market?
- What the current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What are the projections for the future that would help in taking further strategic steps?
Automated Sample Storage System Market Report Highlights
By Product Type
By End user
Key Market Players
Biotron Healthcare Pvt. Ltd., Askion GmbH, Angelantoni Life Science, others, LiCONiC AG, Haier Biomedical Co. Ltd., TTP Labtech, Panasonic Healthcare Co, Ltd., Tsubakimoto Chain Co., Thermo Fisher Scientific Inc., Brooks Automation Inc.