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Biobanking Market Will Grow At A Cagr Of 7.9% During 2020-2027 | Rcmr

Biobanking Market by Type of Sample (Human Tissues, Blood Products, Cell Lines, Nucleic Acids Human Waste Products and Biological Fluids); Services and Products (Software, Services, Consumables, Equipment); by Application (Regenerative Medicine, Clinical Research, Life Science Research) and by Region: Global Industry Trends, Dynamics, Competitive Insights and Forecast Analysis, 2020 – 2027.
Biobanking Market Size
Biobanking Market is estimated to grow from USD 2.12 Billion in 2019 to reach USD 3.85 Billion by 2027, at a CAGR of 7.9% during the forecast period from 2020-2027.
Market Overview
Rising incidence rate of chronic disorders, increasing technically advanced devices, increasing government as well as private funding for biobanks supporting the regenerative medicine research coupled with growing penetration of market players is expected to drive the growth in the market for Biobanking.
The market report covers a basic overview of the market from the industry perspective. This will help the reader to get a gist about different industry dimensions from a manufacturer’s view. The ...
... report divides the market into different sections and is comprised of market revenue (value) by segments.
Key players across the globe are profiled in the report along with its company landscaping. Product portfolio for each company, recent developments and company strategies are covered along with the company financials.
Market Drivers, Restraints, Opportunities:
DRIVERS:
• Growing Need for Cost-Effective Drug Discovery and Development
• Growing Trend of Conserving Cord Blood Stem Cells of Newborns
• Increase in Genomic Research Activities for Studying Diseases
RESTRAINING:
• Complexity associated with the biospecimen sample procurement
• High Cost of Automation
OPPORTUNITIES:
• Growing Focus on the R&D of Cell Therapies
• Emerging revenue pockets
Biobanking Companies
• Thermo Fisher Scientific Inc. (U.S)
• Hamilton Company (U.S.)
• RUCDR infinite biologics (U.S.)
• Brooks Automation (U.S.)
• Becton, Dickinson and Company (U.S.)
• VWR Corporation (U.S.)
• Chart Industries (U.S.)
• LabVantage Solutions Inc. (U.S.)
• Biorep Technologies Inc. (U.S.)
• Promega Corporation (U.S.)
• CSols Ltd (U.K.)
• TTP Labtech Ltd (U.K.)
• Ziath (U.K.)
• Merck KGaA (Germany)
• Qiagen N.V. (Germany)
• LVL Technologies GmbH & Co. KG (Germany)
• Biokryo GmbH (Germany)
• Modul-Bio (France)
• Cell & Co Bioservices (France)
• Micronic (Netherlands)
• Tecan Group Ltd. (Switzerland)
• Panasonic Healthcare Holdings Co. Ltd (Japan)
• Biobank AS (Norway) among others.
Segmental and Geographic Analysis
The report describes in detail market segmentation by dividing the market based on its Type of Sample, Services and Products, Application and region and is analyzed from 2016 to 2027 by value and volume. All the segments are evaluated by taking into consideration the historic and future trends. All the segments with the dominating & fastest growing sub-segments and the factors responsible for the same are studied and are mentioned in the report.
Evident quantitative as well as qualitative insights about the segments are covered in the report along with forecast analysis of all the segments that expected to alter the market in the future are described in detail. The segmental analysis also highlights details about different aspects that will influence the market.
Based on the Type of Sample, the global market is segmented into Human Tissues, Blood Products, Cell Lines, Nucleic Acids and Others. Based on the Services and Products, the global market is segmented into Software, Services, Consumables and Equipment. Based on the Application, the global market is segmented into Regenerative Medicine, Clinical Research and Life Science Research. Trend analysis for all the segments is provided in detail in the report.
Market is divided regionally and by country level into North America (U.S. Canada & Rest of North America), Europe (U.K., Germany, France, Italy, Spain, Russia & Rest of Europe), Asia Pacific (China, Japan, India, Australia, Southeast Asia & Rest of Asia Pacific), Latin America (Brazil, Mexico & Rest of Latin America) and Middle East and Africa (Saudi Arabia, South Africa, UAE & Rest of Middle East and Africa).
The report gives the pursuer the complete idea and understanding of the market and the regional and country level value and volume scenario and essentials for the industry. Current market insights on the regional level are studied and centered while market estimation, thus giving the reader a specialized idea & plans, financial as well as recent market advancements globally.
Biobanking Market Segmentation
By Type of Sample
• Human Tissues
• Blood Products
• Cell Lines
• Nucleic Acids
• Human Waste Products
• Biological Fluids
By Services and Products
• Software
• Services
• Consumables
• Equipment
By Application
• Regenerative Medicine
• Clinical Research
• Life Science Research
By Region
North America
Latin America
Europe
Asia-Pacific
Middle-East & Africa
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ReportCrux is a global market intelligence aggregator and publisher of market research reports, business information reports, economic and equity reports. We cater a diverse range of industrial sectors along with niche domains and sub-domains within the industry. We offer exclusive blend of cutting-edge market insights for the critical business needs.
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