Press Release

TMRR recently published a market study on the global Automated Compound Storage and Retrieval (ACSR) market that sheds light on the various trends that are playing an imperative role in shaping the growth of the Automated Compound Storage and Retrieval (ACSR) market. The report provides a detailed analysis of the Automated Compound Storage and Retrieval (ACSR) supply chain, value chain, and business execution across various regional markets. According to the study, the Automated Compound Storage and Retrieval (ACSR) market is slated to witness a CAGR growth of ~XX% during the forecast period (2019-2029) and exceed market value of ~US$ XX by the end of 2019.

Furthermore, the report includes the company profiles of some of the most established market players operating in the Automated Compound Storage and Retrieval (ACSR) market. The market share, regional presence, pricing strategy, marketing strategy, revenue growth, and product portfolio of each company is provided in the presented market study. The various market players included in the report include, company 1, company 2, company 3, and company 4.

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Important Takeaways from the Automated Compound Storage and Retrieval (ACSR) Market Report

  • Analysis of the micro and macro-economic factors likely to impact the dynamics of the Automated Compound Storage and Retrieval (ACSR) market
  • Important trends and developments in the Automated Compound Storage and Retrieval (ACSR) market
  • The projected growth of each market segment and sub-segment
  • Winning strategies of stakeholders in the Automated Compound Storage and Retrieval (ACSR) market
  • Recent innovations, product launches, technological advances

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.

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 (ACSR) 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.

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The report aims to clarify some key doubts pertaining to the Automated Compound Storage and Retrieval (ACSR) market such as:

  1. What is the estimated revenue growth of the Automated Compound Storage and Retrieval (ACSR) market through the forecast period?
  2. Which region is expected to generate the highest revenue during the assessment period?
  3. What are the leading market players operating in the Automated Compound Storage and Retrieval (ACSR) market?
  4. What are the most suitable marketing and promotional channels for market players in the Automated Compound Storage and Retrieval (ACSR) market?
  5. What are the factors that are likely to hinder the growth of the Automated Compound Storage and Retrieval (ACSR) market in the upcoming years?

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This post was originally published on Crypto Coin Guardian