Automated Sample Management and Storage Equipment Market Research Report, Its History and Forecast 2024 to 2031

Executive Summary

The Automated Sample Management and Storage Equipment market research reports indicate a promising outlook for this industry, with a projected growth rate of % during the forecasted period. This growth is mainly driven by the increasing demand for automated solutions in the pharmaceutical and biotechnology sectors.

Market trends in this industry include the adoption of robotics and artificial intelligence to enhance sample management processes, the implementation of cloud-based sample storage systems for improved accessibility and data security, and the integration of advanced tracking and monitoring technologies for efficient inventory management.

In terms of geographical spread, North America holds a significant market share due to the presence of major pharmaceutical companies and research institutions. The Asia-Pacific region is also witnessing rapid growth, particularly in countries like China and Japan, driven by increasing investments in healthcare infrastructure and research activities.

Europe is another key market for automated sample management and storage equipment, with a high adoption rate of advanced technologies in the life sciences sector. The USA and China are emerging as major players in this industry, with a growing focus on research and development activities.

Overall, the Automated Sample Management and Storage Equipment market is poised for significant growth in the coming years, driven by technological advancements, increasing demand for efficient sample management solutions, and expanding research activities in the pharmaceutical and biotechnology sectors.

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Market Segmentation:

This Automated Sample Management and Storage Equipment Market is further classified into Overview, Deployment, Application, and Region. 

In terms of Components, Automated Sample Management and Storage Equipment Market is segmented into:

• Hamilton Storage Technologies
• MicroDigital Co., Ltd.
• OMNICELL
• SPT Labtech
• Brooks Life Sciences
• Scinomix
• Thermo Fisher Scientific
• SciSafe
• Askion

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The Automated Sample Management and Storage Equipment Market Analysis by types is segmented into:

• Desktop
• Floor-standing

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The Automated Sample Management and Storage Equipment Market Industry Research by Application is segmented into:

• Hospital
• Labroary
• Others

In terms of Region, the Automated Sample Management and Storage Equipment Market Players available by Region are:

North America:

• United States


• Canada

Europe:

• Germany


• France


• U.K.


• Italy


• Russia

Asia-Pacific:

• China


• Japan


• South Korea


• India


• Australia


• China Taiwan


• Indonesia


• Thailand


• Malaysia

Latin America:

• Mexico


• Brazil


• Argentina Korea


• Colombia

Middle East & Africa:

• Turkey


• Saudi


• Arabia


• UAE


• Korea

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Key Drivers and Barriers in the Automated Sample Management and Storage Equipment Market

Key drivers in the Automated Sample Management and Storage Equipment market include the increasing need for efficient storage and retrieval of large sample volumes, advancements in automation technology, and growing demand for high-throughput screening in research and testing. Barriers to market growth include high initial investment costs, concerns about data security and sample integrity, and limited awareness about the benefits of automated sample management systems among smaller research facilities. Challenges faced in the market include the constant need for system upgrades to keep pace with technological advancements, integration issues with existing laboratory equipment, and the complexities of managing and analyzing large datasets generated by automated systems.

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Competitive Landscape

Hamilton Storage Technologies is a leading player in the automated sample management and storage equipment market. The company specializes in providing innovative sample management solutions for biorepositories, compound management, and biobanking applications. Hamilton Storage Technologies has a long history of delivering high-quality products and excellent customer service.

Thermo Fisher Scientific is another key player in the market. The company offers a wide range of automated sample management and storage solutions for the life sciences industry. Thermo Fisher Scientific has experienced significant market growth in recent years due to the increasing demand for automated sample handling and storage systems.

As for the market size, the global automated sample management and storage equipment market was valued at USD million in 2020 and is expected to reach USD 1.2 billion by 2027, growing at a CAGR of 9.3% during the forecast period.

In terms of sales revenue, some of the top players in the market include Thermo Fisher Scientific, which reported sales revenue of USD 34.34 billion in 2020, and OMNICELL, which reported sales revenue of USD 1.32 billion in the same year. These companies are expected to continue to see strong sales growth as the demand for automated sample management and storage solutions continues to rise.

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