Automated Compound Storage and Retrieval Market: Advanced R&D Process Strategies

Based on the product type, the global Automated Compound Storage and Retrieval (ACSR) market is segmented into mini-store systems and end user. Based on end user, the market is segmented into hospital, ambulatory surgical centers, diagnostic centers, biotechnology and pharmaceutical companies and others.

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The rise in research and development required DNA RNA and other biological storage systems, funding by the governmental bodies for life science research, focus on acquisition and merger by various key manufacturers is attributed towards the growth of automated compound storage and retrieval system market.

Automated Compound Storage and Retrieval (ACSR) Market: Segmentation

The global Automated Compound Storage and Retrieval (ACSR) market has been classified on the basis of product type, end user and geography.

By Product Type:

  • Mini-store Systems
  • High-Throughput Sample Storage System

By the End User:

  • Hospitals
  • Ambulatory Surgical Centers
  • Diagnostic Centers
  • Biotechnology and Pharmaceutical Companies
  • Others

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Automated Compound Storage and Retrieval (ACSR) Market: Drivers and Restrains

The integration of information technology in the storage systems, helps to manage data/biological sample easily and efficiently. Sampling errors are minimized. Automated compound storage system can be easily transferred to server for retrieval and processing. The system provides high speed, quick processing, modular expandability, easy installation and multiple other benefits.

The system can be customized according to the need with high level of flexibility and accessibility to meet the future demands. Sometimes complicated interface is difficult to use by the healthcare professionals. Researcher can still stock the wrong sample in a given system and a clinician can still pick a “look-alike” sample (sampling error) from the automated compound storage and retrieval system, which may restrain the growth of the automated dispensing cabinet market in the near future.

Automated Compound Storage and Retrieval (ACSR) Market: Regional Overview

Region wise, the global Automated Compound Storage and Retrieval (ACSR) Market is classified into regions namely, North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. North America market is expected to dominate in terms of revenue share, owing to the high availability of advanced products. Increasing penetration of leading companies, Clinical laboratories, in the region along with increase in research and development facilities.

Significant economic development has led to an increase in healthcare availability in Asia Pacific region, growing number of multi-specialty clinics and hospitals and penetration of global players in Asia is expected to fuel demand for automated compound storage and retrieval (ACSR) market.

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Automated Compound Storage and Retrieval (ACSR) Market Key Players

Some of the key players in global Automated Compound Storage and Retrieval (ACSR) Market are Hamilton Storage Technologies, Biotron Healthcare, Tecan AG, Corning Inc., Biophile Inc. DAIFUKU CO., LTD. Kardex Group, Swisslog Holding AG, SSI Schaefer Group, Bastian Solutions, LLC and others.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.