Global Automated Sample Storage Systems Market Report and Forecast 2024-2032

Global Automated Sample Storage Systems Market Outlook

The global automated sample storage systems market is expected to grow in the forecast period of 2024-2032 at a CAGR of 13.8%.

Rising Usage of Automated Sample Storage in Biobanking Aiding the Market

Automating the biospecimen storage and retrieval process lowers sample exposure to temperature variations, making automated sample storage systems cost-effective and efficient to maintain sample quality for long-term translational research activities. Automated sample storage systems are increasingly being deployed in biobanks to safeguard the samples and yield the highest quality of information for driving medical decisions, hence fuelling the market growth. The automated sample storage systems market is further being aided by the growing utilisation of such systems to ensure optimal management of all activities and materials in accordance with defined processes and best practices to maintain sample integrity.

With innovative technologies like automated barcode scanning and monitored environmental controls, automated sample storage systems reduced mishandling and misplacement errors while lowering the risk of sample degradation and contamination. Moreover, the integration of liquid handling systems and robotics with automated sample storage systems is enhancing the overall efficiency of laboratories, which is likely to significantly contribute to the automated sample storage systems market in the forecast period.

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Market Segmentation

Automated sample storage systems refer to computer-controlled storage devices that preserve samples used in various end-use industries, including chemical, seed storage and management, medical material management, and life sciences, among others. The use of automated sample storage systems posits several benefits, such as enhanced versatility, flexibility, and cost-effectiveness, which boosts the overall laboratory efficiency.

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The major product types of automated sample storage systems are:

• System Units
• Reagents and Consumables

The market can be broadly categorised based on its applications into:

• Biological Sample
• Chemical Compound Sample
• Others

By end use, the market is classified into:

• Pharmaceutical and Biological Companies
• Academic and Research Institutions
• Private Biobanks
• Others

The EMR report looks into the regional markets of automated sample storage systems like North America, the Asia Pacific, Latin America, Europe, and the Middle East and Africa.

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Rising Use of Automated Sample Storage Systems to Efficiently Collect Samples to Bolster the Market

Manual storage solutions are time-consuming for storing samples and updating inventory records. Such solutions also require manual labour to handle a large amount of samples, which makes them expensive. This, in turn, is surging the utilisation of automated sample storage systems to rapidly and efficiently collect samples. Moreover, automated systems are more space-efficient than manual freezers, due to which they offer space saving benefits. With the growing trend of sustainability, automated sample storage systems are increasingly preferred owing to their space-efficiency, high density of storing samples and lower carbon footprint. The enhanced reliability and flexibility offered by automated sample storage systems are also bolstering their demand. Furthermore, the increasing launches of innovative systems that provide compact and walkaway sample storage and access to decrease manual labour while boosting overall laboratory efficiency are anticipated to provide impetus to the growth of the automated sample storage systems market in the forecast period.

Key Players in the Global Market for Automated Sample Storage Systems

The report presents a detailed analysis of the following key players in the global automated sample storage systems market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

• Thermo Fisher Scientific Inc.
• Hamilton Bonaduz AG
• SPT Labtech Ltd
• Angelantoni Life Science Srl
• LiCONiC AG
• Azenta Life Sciences
• Others

The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report