Global Automated Sample Storage Systems Market Trends

Statistics for the 2023 & 2024 Global Automated Sample Storage Systems market trends, created by Mordor Intelligence™ Industry Reports. Global Automated Sample Storage Systems trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

Market Trends of Global Automated Sample Storage Systems Industry

This section covers the major market trends shaping the Automated Sample Storage Systems Market according to our research experts:

The Automated Compound Storage Systems Segment to Witness Significant Growth over the Forecast Period (2022-2027)

The automated storage solutions provide efficiencies in drug discovery workflows to eliminate the time-consuming hassle of manual reagent and compound management and the risk of mishandling or other errors. Technology and advancement are rapidly driving this segment. To meet the needs of the increasingly rapid and parallelized lead optimization process, a fully integrated local compound storage and liquid handling system were designed and implemented to automate the generation of assay-ready plates directly from newly submitted and cherry-picked compounds. A key feature of the system is the ability to create project- or assay-specific compound-handling methods, which provide flexibility for any combination of plate types, layouts, and plate bar codes. The adaptable and integrated combination of software and hardware provides a basis for reducing cycle time, fully automating compound processing, and ultimately increasing the rate at which accurate, biologically relevant results can be produced for compounds of interest in the lead optimization process.

Pharma and biotech laboratories performing high-throughput screening, high-content screening, and molecular cell biology are now benefiting from a series of new automated incubators and storage solutions that offer a large capacity, fast access, and wide temperature range while helping eliminate contamination issues in high-throughput environments. For instance, in 2021 Thermo Fisher Scientific Inc. introduced Cytomat 24 automated incubators and storage systems that bought the latest incubation technology to large capacity microplate incubation applications, with excellent temperature uniformity and stability that ensure reproducibility for cell culture applications. The system provides speedy delivery of microtiter plates through an advanced plate shuttle system to meet the needs of high-throughput laboratories and accelerate research.

Therefore, the automated compound storage systems segment is expected to witness significant growth over the forecast period due to the above-mentioned factors.

Automated Sample Storage Systems Market - Incidence of Cancer Cases, United States (in millions), 2020-2040

North America to Dominate the Automated Sample Storage Systems Market over the Forecast Period (2022-2027)

North America is expected to dominate the market owing to factors such as the easy availability of technologically advanced products, well-established healthcare infrastructure, and a strong network of suppliers.

The presence of various leading global biobanks and research institutions is fostering growth for the automated sample storage market in North America. Ongoing research and development initiatives are fueling demand for the novel systems. Moreover, the advancements in the pharmaceutical sector are fueling the demand for advanced technologies in the region. A significant increase in the number of biobanks as well as contract research organizations is opening new avenues of growth for market participants. All these factors are together boosting the growth of this market in the North American region.

The rapid growth of e-commerce is driving the demand for automated warehouses in the region and steadily increasing labor costs are another contributing factor. Along with this increasing number of biotechnology and pharmaceutical companies, private biobanks, and academic research laboratories are some of the major users of automated sample storage systems. For instance, in March 2022 an article titled, "Biobanking Concepts Specific for Developing Countries" reported that the highest density of biobanks is reported in the North American region. The key mission of biobanks is to ensure that all activities and materials are managed according to standardized procedures and best practices to ensure and preserve sample integrity. When handling large numbers of biospecimens automation of sample handling and storage is often the method of choice to maintain and improve sample integrity. Thus, increasing biobanks reported in the region are leading to increasing storage of sample storage, thereby driving the market in the region.

Thus, due to the aforesaid mentioned reasons the automated sample storage systems market is expected to witness significant growth in the region.

Automated Sample Storage Systems Market - Growth Rate by Region

Automated Sample Storage Systems Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)