The global automated sample storage systems market is poised for substantial growth, driven by increasing demand for efficiency, enhanced sample security, and the growing need for better sample integrity in laboratory operations. Valued at US$ 1,004.7 million in 2022, the market is estimated to reach US$ 1,100 million in 2023 and is projected to exhibit an impressive compound annual growth rate (CAGR) of 11.6% from 2023 to 2033. By the end of the forecast period, the market is anticipated to total around US$ 3,298.7 million, according to a report by Future Market Insights (FMI).
The surge in demand for automated sample storage systems is being fueled by the growing complexity of research and development (R&D) activities across sectors such as pharmaceuticals, biotechnology, and healthcare. With laboratories managing an ever-growing volume of samples, automated storage systems are proving indispensable. These systems offer several fundamental benefits, including high efficiency, enhanced sample security, improved sample integrity, and reduced technician costs, making them a critical component of modern laboratory infrastructure.
The adoption of robotic and automation technologies is also propelling market growth. Pharmaceutical companies are increasingly investing in R&D, leading to higher demand for advanced storage systems that can handle large sample volumes with precision and minimal human intervention. This trend, coupled with advancements in robotics and automation, is expected to drive the development of next-generation storage systems that ensure speed, accuracy, and seamless data tracking.
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Key Takeaways:
- The automated sample storage systems market is expected to grow at a CAGR of 11.6% from 2023 to 2033, reaching a valuation of US$ 3,298.7 million by 2033.
- Automated storage systems are being widely adopted for their ability to ensure higher efficiency, enhanced sample integrity, and reduced technician costs.
- Increasing R&D activities, especially in the pharmaceutical and biotechnology sectors, are driving market demand.
- Robotics and automation are playing a vital role in the development of new-generation storage systems, enabling laboratories to handle large sample volumes with greater speed and precision.
- Rising investments in automation and digital transformation in laboratories are expected to sustain market growth over the forecast period.
With the growing complexity of research activities and the need for higher operational efficiency in laboratories, the adoption of automated sample storage systems is expected to increase significantly. Companies in the market are likely to focus on the development of innovative products that offer enhanced security, scalability, and cost savings, making them indispensable in R&D-driven industries.
Competitive Analysis
Some of the prominent players working in the global market are:
- Hamilton Company
- Exact Sciences
- Thermo Fisher Scientific
- Brooks Automation
- TTP Labtech
- Swisslog
- Angelantoni Life Science
- Panasonic Healthcare
- Haier Biomedical
- Liconic AG
Some of the Important Developments of the Key Players in the Market
- In May 2023, Hamilton and Biosero, Inc., developer of laboratory automation solutions to orchestrate scientific discoveries, announced a strategic co-marketing agreement aimed at streamlining automated liquid handling workflows where the partnership builds on Hamilton’s state-of-the-art automated platforms and Biosero’s innovative Green Button Go® Software Suite to increase lab efficiency.
- In February 2023, Hamilton unveiled the Vial Cap Management System (VCMS), a ground-breaking walk-away integrated lab solution. The VCMS vortexes, de-caps, scan barcodes, identified tube type, and re-caps 96 vials, minimizing the threat of cross-contamination and injury.
Key Companies Profiled
- Hamilton Company
- Exact Sciences
- Thermo Fisher Scientific
- Brooks Automation
- TTP Labtech
- Swisslog
- Angelantoni Life Science
- Panasonic Healthcare
- Haier Biomedical
- Liconic AG
Automated Sample Storage Systems Market Segmentation
By Type:
- System Unit
- Reagents and Consumables
By End-User:
- Hospitals
- Diagnostic Labs
- Chemical Industries
- Biopharmaceutical Industries
- Research Laboratories
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- South Asia and Pacific
- East Asia
- The Middle East and Africa
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Author By:
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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