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Global Biobanks Market Size, Status, Applications and Forecast 2018-2025
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A biobank can be defined as an organized and programed storage of biological materials and corresponding data that can be used in healthcare research. The biological samples vital for medical innovation include tissue, body fluids (such as serum, blood, urine, or fluids from punctures), related derivatives (RNA, DNA, or proteins), and cells.
As biobanks help in providing personalized medications and minimizing drug side effects, thereby improving the overall health of patients suffering from various diseases, the demand for biobanks will augment worldwide. Some of the key factors driving the market for biobanks are advancement in drug discovery, rising prevalence of chronic disorders such as cancer, respiratory disorders, and cardiovascular diseases, increasing healthcare expenditure, and several government initiatives supporting the development of biobanks. Another growth driver of the global biobanks market is the gradual propagation of awareness about biobanks and their significance.
In 2017, the global Biobanks market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.
The key players covered in this study
Thermo Fisher Scientific (US)
Tecan Group (Switzerland)
Qiagen (Germany)
Hamilton (US)
Brooks Automation (US)
TTP Labtech (UK)
VWR (US)
Promega (US)
Worthington Industries (US)
Chart Industries (US)
Becton Dickinson (US)
Merck (Germany)
Micronic (Netherlands)
LVL Technologies (Germany)
Panasonic Healthcare (Japan)
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Greiner Bio One (Greiner Holding AG, Austria)
Biokryo (Germany)
Biobank (Norway)
Biorep Technologies (US)
Cell & Co Bioservices (France)
RUCDR infinite biologics (US)
Modul-Bio (France)
CSols (UK)
Ziath (UK)
LabVantage Solutions (US)
Market segment by Type, the product can be split into
Blood Products
Human Tissues
Nucleic Acids
Cell Lines
Biological Fluids
Human Waste Products
Market segment by Application, split into
Regenerative Medicine
Life Science Research
Clinical Research
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
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