Global Automated Storage and Retrieval Systems in Laboratories Market 2021 is expected to register a CAGR of 12.58%, during forecast period with Impact of Covid 19 Analysis

Automated

Global “Automated Storage and Retrieval Systems in Laboratories Market” Report 2021 (value and volume) by company, regions, product types, end industries, history data and estimate data. Also, Report contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions. This report focuses on the Automated Storage and Retrieval Systems in Laboratories in the Global market, especially in the United States, Europe, China, Japan, South Korea, North America, India. Automated Storage and Retrieval Systems in Laboratories Market report categorizes the market based on manufacturers, regions, type, and application. Automated Storage and Retrieval Systems in Laboratories Market reports offer a detailed assessment of the Automated Storage and Retrieval Systems in Laboratories including enabling technologies, current market situation, market assumptions, restraining factors.

The Global Automated Storage and Retrieval Systems in Laboratories market swot is provided for the international markets including progress trends, competitive landscape breakdown, and key in regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.

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The automated storage and retrieval systems (ASRS) in laboratories market is expected to witness a CAGR of 12.58% over the forecast period (2018 – 2023). Automated storage and retrieval systems (ASRS) is a computer-enhanced mechanism for automatically placing and retrieving loads from defined storage locations. It is beneficial in enhancing the efficiency of a laboratory by providing operators with increased inventory control and tracking, including greater flexibility to address changing needs of the laboratory and business conditions. These systems also help reduce labor costs, workforce requirements, and increase workplace safety.

Apart from reducing mundane tasks, ASRS installations in laboratories are also driven by the need for consistency in quality as the cost of an error is very high in laboratory processes. Even a reasonably low error rate can have a profound impact on the conclusions. It is believed that taking out the human element from the equation, helps in achieving more consistency. This one of the primary reasons why both the commercial and in-house laboratories are including ASRS equipment in their automation strategies increasingly.

Increasing Rate of Laboratory Automation to Create Huge Demand for ASRS

Automation is used in a wide variety of life science applications ranging from proteomics to systems biology. Automation is a dominant feature in the diagnostics market, followed by the discovery and research labs. In clinical diagnostics, where profits are based on the number of samples, high throughput is the core driving factor. Total automation is generally preferred in such labs and manufacturing setups. Research labs and academic institutions are generally opting for modular automation, wherein they reduce the human intervention in tedious and repetitive tasks. On the other hand, increase in the number of commercial laboratories is creating a huge demand for lab automation solutions. According to American Hospital Association, there are more than 98 million medical enrollees in 2016, just in the United States.

This high number of enrollees and additional samples/specimen form pickup services that go to the patients and collect samples/specimen leading to a large number of samples transported to the commercial laboratories every day. This scenario is exceptionally high in the Asian countries where most of the medical establishments are not equipped with in-house labs. According to a study conducted by University of Utah School of Medicine and ARUP Laboratories, an average clinical laboratory receives more than 5000 specimens per day (most of them arriving between 21:00 hrs and 3:00 hrs) that are brought to and fro in 162 containers involving 320 separate tracing and shipment slips. Traditionally, such high number of specimen leads to a high rate of laboratory errors due to human intervention. However, with the use of ASRS systems, many pre-analytical and post-analytical errors could be eliminated leading to faster results for the patients and higher throughputs to the lab owners.

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The global Automated Storage and Retrieval Systems in Laboratories market covers the vision of participant analysis by product types, market share, applications, sales, and revenue.

Automated Storage and Retrieval Systems in Laboratories Market Report covers the Top Key-players in 2021:-

  • Thermo Fisher Scientific
  • Inc.
  • Danaher Corp
  • Hudson Robotics
  • Inc.
  • Becton
  • Dickinson and Company
  • Synchron Lab Automation
  • Agilent Technologies
  • Inc.
  • Siemens Healthcare
  • Tecan Group Ltd
  • PerkinElmer
  • Inc.
  • Honeywell International
  • Inc.
  • BioRad
  • Laboratories
  • Inc.
  • Roche Holding Ag
  • Eppendorf Ag
  • Shimadzu Corp
  • Aurora Biomed
  • Inc.

Highlighted points of Automated Storage and Retrieval Systems in Laboratories Market Size:

  • Covers the varying market dynamics of the industry.
  • In-depth analysis of market risks, opportunities, limitations, and growth of the market.
  • Includes market driving and restraining factors.
  • Participants profiles along with product description, overview, and business data.
  • Include details of five years of forecast analysis by types, regions, and applications.

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This Automated Storage and Retrieval Systems in Laboratories Market Research/analysis Report Contains Answers to your following Questions

  • Which Manufacturing Technology is Used for Automated Storage and Retrieval Systems in Laboratories? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
  • Who Are the Global Key Players in This Automated Storage and Retrieval Systems in Laboratories Market? What’s Their Company Profile, Their Product Information, Contact Information?
  • What Was Global Market Status of Automated Storage and Retrieval Systems in Laboratories Market? What Was Capacity, Production Value, Cost and PROFIT of Automated Storage and Retrieval Systems in Laboratories Market?
  • What Is Current Market Status of Automated Storage and Retrieval Systems in Laboratories Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Automated Storage and Retrieval Systems in Laboratories Market by Taking Applications and Types in Consideration?
  • What Are Projections of Global Automated Storage and Retrieval Systems in Laboratories Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What About Import and Export?
  • What Is Automated Storage and Retrieval Systems in Laboratories Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
  • What Is Economic Impact On Automated Storage and Retrieval Systems in Laboratories Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
  • What Are Market Dynamics of Automated Storage and Retrieval Systems in Laboratories Market? What Are Challenges and Opportunities?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Automated Storage and Retrieval Systems in Laboratories Industry?

Key Developments in the Automated Storage and Retrieval Systems in Laboratories Market:

  • December 2017 – Thermo Fisher Scientific Inc., acquired MTI GlobalStem at USD 6 million to strengthen their Life Sciences Solutions segment. MTI GlobalStem is well known for its reagents which had special applications in cell transfection, neurobiology, and stem cell research. This shows a clear strategy of the company of investing in the sector with the highest growth.
    The m

    Reasons to Purchase this Report

  • Current and future automated storage and retrieval systems in laboratories market outlook in the developed and emerging markets
  • Analyzing various perspectives of the market with the help of Porter’s five forces analysis
  • Identifying the segment that is expected to dominate the market
  • Identifying the regions that are expected to witness the fastest growth during the forecast period
  • Identify the latest developments, market shares, and strategies employed by the major market players
  • 3-month analyst support, along with the Market Estimate sheet (in Excel)

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    Finally, the report Global Automated Storage and Retrieval Systems in Laboratories Market 2021 describes the Automated Storage and Retrieval Systems in Laboratories industry expansion game plan, the Automated Storage and Retrieval Systems in Laboratories industry knowledge supply, appendix, analysis findings, and the conclusion.

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