Automated Sample Storage Systems Market Consumption, Benefits, Sale Price Analysis and Capacity Forecast to 2021

Global Automated Sample Storage Systems Market is expected to grow at a significant CAGR in the upcoming years as the scope and its applications are rising enormously across the globe. Automated sample storage systems are computer controlled storage instruments used for the preservation of samples like biological samples and chemical compounds. Moreover, used as standalone devices or automated liquid handling workstations. The samples can be tracked using 1-D and 2-D barcode readers. Whereas, automated decappers offers flexibility and reduce the risk of contamination. Also, reduce essential workforce requirements and labor costs.

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The factors that are playing a major role in the growth of Automated Sample Storage Systems Market are the growing storage density and improving space utilization, growing research laboratory sectors, and rising storage of large number of samples at biobanks. Automated Sample Storage Systems Market is segmented based on product type, capacity, applications, and region. Product type such as Reagents & Consumables, System Unit, and others classify Automated Sample Storage Systems Market. The Reagents & Consumables segment accounts the largest market share of Automated Sample Storage Systems Market and is estimated to lead the overall market in the upcoming years. The reason being rising demand and adoption of automated sample storage systems.

End users such as Private Biobanks, Pharma & Biotech Companies, Academic Research Labs, and others classify Automated Sample Storage Systems Market. Pharma and biotech companies segment accounts the largest market share of Automated Sample Storage Systems Market and is estimated to remain dominant in the years to come. The reason being, rising demand for compound storage in drug discovery and government support in developing western countries. Automated Sample Storage Systems Industry is segmented geographically into Americas (North America, South America), Europe (Eastern Europe, Western Europe), Asia Pacific, Latin America, Middle East and Africa.

The key players of Automated Sample Storage Systems Market are Angelantoni Life Science, Hamilton Company, Thermo Electron Corporation, Biomatrica Inc., Swisslog, IntegenX, Inc., TTP Labtech, and Brooks Automation. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

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