Automated Storage and Retrieval Systems in Laboratories Market 2020: Industry Share, Market Size & Growth, Emerging Technologies, Future Trends, Competitive Analysis and Segments Poised for Strong Growth in Future 2023
Global “Automated Storage and Retrieval Systems in Laboratories Market 2020-2023” has been providing up and changing the worldwide economy as far as growth rate, revenue, deal, market proposition, and scope. The Global Automated Storage and Retrieval Systems in Laboratories market Consumption market report is an extensive analysis of this corporate field, which has been established to be one of the most profitable business verticals in futures. The Report specifies the complete estimate of Global Automated Storage and Retrieval Systems in Laboratories market business terms, in addition to presenting a brief segmentation of the industry, the expansion opportunities, as well as Key region.
Top-Listed Players in Automated Storage and Retrieval Systems in Laboratories Market Research Report 2020-2023
- 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.
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Overview of Automated Storage and Retrieval Systems in Laboratories Market:
The automated storage and retrieval systems (ASRS) in laboratories market is expected to witness a CAGR of 12.58% over the forecast period (2020 - 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 ASRSAutomation 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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Key Highlights from Automated Storage and Retrieval Systems in Laboratories Market Report 2020.
Revenue and Sales Estimation — Historical Revenue and sales volume is presented and further data is triangulated with top-down and bottom-up approaches to forecast complete market size and to estimate forecast numbers for key regions covered in the report along with classified and well recognized Types and end-use industry. Additionally, macroeconomic factor and regulatory policies are as curtained in Automated Storage and Retrieval Systems in Laboratories industry evolution and predictive analysis.
Manufacturing Analysis —the report is currently analyzed concerning various product type and application. The Automated Storage and Retrieval Systems in Laboratories Market provides a chapter highlighting manufacturing process analysis validated via primary information collected through Industry and Key officials of profiled companies.
Competition — Leading players have been analyzed depending on their company profile, product portfolio, capacity, product/service price, sales, and cost/profit.
Demand & Supply and Effectiveness — Automated Storage and Retrieval Systems in Laboratories Market report additionally provides distribution, Production, Consumption for the complete industry.
Automated Storage and Retrieval Systems in Laboratories Market Top Regions (regional analysis covers):-
- North America (the USA, Canada, and Mexico)
- Europe (Germany, France, UK, Russia, and Italy)
- Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
- South America, Middle East, and Africa
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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Automated Storage and Retrieval Systems in Laboratories Market 2020 Report Brief:-
- The report covers forecast and analysis for the Automated Storage and Retrieval Systems in Laboratories market on a global and regional level
- The report includes the drivers and the restraints that affect the growth of the market
- Detailed information about the market opportunities are discussed
- The key target audience for the market has been determined in the report
- The revenue generated by the prominent industry players has been analyzed in the report
- The market numbers have been calculated using top-down and the bottom-up approaches
- The market is segmented on the basis of product, technology, ownership, and end-user industry which in turn is bifurcated on the regional level as well
- All the segments have been evaluated based on the present and the future trends
- The report deals with the in-depth quantitative and qualitative analyses of the Automated Storage and Retrieval Systems in Laboratories market
- The report includes detailed company profiles of the prominent market players
Look into Table of Content of Automated Storage and Retrieval Systems in Laboratories Market 2020 Research Report at
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