openPR Logo
Press release

Automated Compound Storage and Retrieval (ACSR) Market : Expected To Observer Major Growth By 2025

11-27-2017 10:00 AM CET | Health & Medicine

Press release from: TMR Research

Automated Compound Storage and Retrieval (ACSR) Market : Expected To Observer Major Growth By 2025

Global Automated Compound Storage and Retrieval Market: Snapshot

With substantial strides in medical technology alongside the deployment of the Internet of Things (IoT) across the healthcare sector, the infrastructural growth of the developed and developing nations has paved the way for the expansion of the global market for automated compound storage and retrieval. The market is primarily being driven by increasing investment volumes in research and development, government encouragement, and expanding healthcare expenditures across the globe. Academics, researchers, genomics, and pharmaceuticals have been exhibiting escalating demand for automated compound storage and retrieval

Several firms operating in the global market for automated compound storage and retrieval have been establishing partnerships and collaborations with other market participants, with a view to ramp up their revenues. While mergers and acquisitions are also being undertaken by numerous active players, product innovation can be recognized as a key technique for giving themselves a leg up in the global automated compound storage and retrieval market.

Request Sample Copy of the Report@ www.tmrresearch.com/sample/sample?flag=B&rep_id=491

For example, in May 2017, Brooks Life Science Systems announced that the world’s first ever - 80°C LN2 automated storage system designed for biological samples, BioStore IIIv, has been launched in the global market for automated compound storage and retrieval. With the proven superior productivity of its Chart® Vario™ LN2 freezers and the new automated storage system, Brooks Life Sciences is likely to emerge as a key market player over the oncoming period. The system is apt at providing high protection to the most sensitive biological samples, apart from its capacity to automatically retrieve biological samples merely with a few taps on the screen.

Global Automated Compound Storage and Retrieval Market: Overview

Major biotechnology, pharmaceutical, and research organizations maintain a library of millions of compounds to facilitate their drug discovery and development processes. However, the delivery of the correct compound in the right concentration at the right place at low cost has been one of the major challenges for most companies. This is because traditional methods of compound management are insufficient to fulfill modern processes.

Request TOC of the Report @ www.tmrresearch.com/sample/sample?flag=T&rep_id=491

Automated compound storage and retrieval (ACSR) is an efficient system for storage of compounds, microorganisms, DNA, RNA, and other biological materials in a controlled environment. The system also safeguards compound integrity and optimum retrieval of biological and chemical samples as needed. Typically, samples are stored under liquid nitrogen or dry air in airtight chambers at temperatures ranging from -20ºC to -80ºC depending on the physical and biochemical characteristics of the sample, type of solvent, and stability of the compound. Moreover, the capacity of ACSR system can be easily augmented to cope with research requirement as sample library expands.

Global Automated Compound Storage and Retrieval Market: Drivers and Restraints

The efficient processing of sample compounds, improved coherence of compound library, standardized storage format, reduced time in sample preparation, and a reduced number of storage plates are some of the major factors driving the growth of the ACSR market. The increasing scope of high-throughput screening (HTS), automated screening in drug discovery processes, and high-content screening are also aiding the market’s growth. Moreover, the growing application of ACSR in protein crystallography and DNA storage is also supporting the growth of this market. Top pharmaceutical companies such as Abbot Laboratories, Pfizer, and Bristol-Myers Squibb are extending their R&D capabilities by including ACSR systems, in order to tap the opportunities for the increasing demand for novel pharmaceutical products.

Get Discount @ www.tmrresearch.com/sample/sample?flag=D&rep_id=491

However, factors such as deterioration in the quality of stored compounds after repeated freeze/ defrost cycles in ACSR systems is detrimental to the market’s growth. The need to store and handle compounds in liquid solutions in ACSR systems, which has chances of spillage in sample compounds is also holding back the market’s growth.

Global Automated Compound Storage and Retrieval Market: Regional Outlook

The global automated compound storage and retrieval market is divided into the regional segments of North America, Asia Pacific, Europe, and Rest of the World (RoW). Amongst these, North America is the leading market followed by Europe in the global market. The leading positions of these regions are due to the presence of a large number of pharmaceutical companies, rising interest for high-throughput screening and ultra high-throughput screening services by pharmaceutical companies, high expenditure on drug discovery processes, and academic and industrial collaboration for pre-clinical research. Asia Pacific and Rest of the World regions are also expected to display significant growth due to a surging number of research organizations and an increasing number of contract research organizations in these regions.

Major Companies Mentioned in Report

The key players operating in the global automated compound storage and retrieval market are MatriCal Inc., LabCyte Inc., TTP Labtech Ltd., Tecan AG, Beckman Coulter, Corning Life Sciences, Brooks Automation Inc., TAP Biosystems, Hamilton Storage Technologies, BD Biosciences, Biophile Inc., and Jouan Robotics S.A.

About TMR Research

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.

Contact:

TMR Research,
3739 Balboa St # 1097,
San Francisco, CA 94121
United States
Tel: +1-415-520-1050
Email: sales@tmrresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Automated Compound Storage and Retrieval (ACSR) Market : Expected To Observer Major Growth By 2025 here

News-ID: 833174 • Views: 122

More Releases from TMR Research

Insights Engines Market Size, Share, Growth and Regional Global Overview By Key …
Global Insights Engines Market: Snapshot As business enterprises expand their horizons, it becomes increasingly important to provide the workforce with access to information, and that too on a real-time basis. In the past few years, enterprises have been using question answering systems such as Siri in order to enhance workplace search facilities as well as collaborations among employees. Now, in the recent times, Cortana and Google Assistant are starting to gain
Continuous Delivery Market Trends to 2024 Profiling Top Key Players - XebiaLabs, …
Global Continuous Delivery Market: Snapshot Continuous delivery can be defined as the flexibility of a software providers to adopt changes in a safe and sustainable manner, such as adding new features, making configuration changes, fix bugs, and include experiments. Since the coding process is always in deployment mode, despite thousands of developers imparting changes at the same time on a daily basis. With continuous delivery, phases pertaining to integration, product testing,
Earphones and Headphones Market 2017-2025 : Sennheiser, Shure, Skullcandy, Bose, …
Global Earphones and Headphones Market: Overview Headphones are a pair of two simple speakers attached to a band that goes across the wearer’s head in such a manner that the speakers are positioned over the ears. This delivers a personal, immersive listening experience directly into the ears. The use of headphones is somewhat unique over traditional speakers as the latter vibrate large segments of air within a room to recreate
Position Sensor Market Trends and Prospects 2017-2025 : TE Connectivity Ltd., am …
Global Position Sensor Market: Overview Needless to explain its primary function, a position sensor helps to detect the position of an object from or to a fixed point. Position sensor provides the much important positional feedback for automobiles and robots. One of the easiest to use and most inexpensive types of position sensor is potentiometer. Linear variable differential transformer (LVDT), on the other hand, is an inductive position sensor that is

All 25923 Releases


More Releases for ACSR Automated Storage

Automated Compound Storage and Retrieval (ACSR) Market - Encounters crucial fact …
Global Automated Compound Storage and Retrieval Market: Snapshot With substantial strides in medical technology alongside the deployment of the Internet of Things (IoT) across the healthcare sector, the infrastructural growth of the developed and developing nations has paved the way for the expansion of the global market for automated compound storage and retrieval. The market is primarily being driven by increasing investment volumes in research and development, government encouragement, and expanding
Automated Compound Storage and Retrieval (ACSR) Market Escalating Maturation 202 …
Global Automated Compound Storage and Retrieval Market: Snapshot With substantial strides in medical technology alongside the deployment of the Internet of Things (IoT) across the healthcare sector, the infrastructural growth of the developed and developing nations has paved the way for the expansion of the global market for automated compound storage and retrieval. The market is primarily being driven by increasing investment volumes in research and development, government encouragement, and expanding
Automated Compound Storage and Retrieval (ACSR) Market - Future Market, Growth & …
Global Automated Compound Storage and Retrieval Market: Snapshot With substantial strides in medical technology alongside the deployment of the Internet of Things (IoT) across the healthcare sector, the infrastructural growth of the developed and developing nations has paved the way for the expansion of the global market for automated compound storage and retrieval. The market is primarily being driven by increasing investment volumes in research and development, government encouragement, and expanding
Automated Compound Storage and Retrieval (ACSR) Market : Report aims to provide …
Global Automated Compound Storage and Retrieval Market: Snapshot With substantial strides in medical technology alongside the deployment of the Internet of Things (IoT) across the healthcare sector, the infrastructural growth of the developed and developing nations has paved the way for the expansion of the global market for automated compound storage and retrieval. The market is primarily being driven by increasing investment volumes in research and development, government encouragement, and expanding