Global Automated Sample Storage Systems Market to Grow at Double-Digit CAGR through 2025


Albany, New York, October 30, 2017: Automated sample storage systems are storage devices that are controlled by computers. These devices are used to preserve samples such as biological and chemical compounds. A study based report titled as “Automated Sample Storage Systems Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025” has been added to the repository of Market Research Reports Search Engine (MRRSE). The study focuses on analyzing global market for automated sample storage systems.

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As the report title indicates, the content is based on studying the market right from analyzing its past trends to predict future prospects from 2017 to 2025. The report begins with an executive summary that includes market snapshot and opportunity map of automated sample storage systems market. This section summarizes the entire content of the report for decision makers to figure out what is in the report for them. This section is followed by market overview that shares crucial market related information such as market size forecast for the period 2015 to 2025 in USD Mn. According to the report, the global automated sample storage systems market is estimated to grow from recorded value US$617 mn to US$2 bn during the forecast period 2017 – 2025, with a 15.5% CAGR. The report also offers insights on market overview, key industry events, fact study using Porter’s analysis, budgets & return on investment, R&D scenario and various market entry challenges.

The report examines the key trends, drivers, restraints and analyses available opportunities in its next section of market dynamics. The report has segmented the market into various sections and sub-segments. The market for automated sample storage systems is divided into segments such as region, end user, capacity, application type, product type.

On the basis of product, the market is segmented into reagents & consumables and systems units. The report says that the segment for reagents & consumables held the largest market share in 2016 and continues to lead the market due to the increasing demand and companies adopting automated sample storage systems globally.

By application type, the report is divided into compound storage and biological sample storage. It says that the segment biological sample storage held largest market share in automated sample storage systems during 2016 as biobanks and research laboratories continued to adopt automation.

The report then focuses on the next segment capacity and says that market is segmented into a particular range of samples as less than 100K, 100K – 500K, 500K – 2M, and more than 2M. It says that the ‘less than 100K’ samples segment holds the largest market share in the automated sample storage systems market due to the increasing demand from biobanks and research laboratories for small capacity storage systems.

By end-user, the report is segmented into private biobanks, academic research labs, biotech companies, pharmaceutical and others. As per the report, biotech companies and pharmaceutical held the largest market share during 2016 due to the high demand for compound storage from these companies.

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Geographically, the global automated sample storage systems market is divided into major regions which are the Middle East and Africa, Latin America, Asia Pacific, Europe and North America. These regions are further segmented into various countries. According to the report, Europe has led the global market during 2016 due to the growing demand of automated systems. Europe recorded the value nearly US$210 mn during 2017 and projected to do more than triple in value between the forecast period 2017 and 2025 with a steady 15.3% CAGR.

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