Press release
Biobanking Equipment Market 2026: Growth And Revenue Analysis By Top Industry Players - Thermo Fisher Scientific, BioLife Solutions, Beckman Coulter, Panasonic Biomedical Sales, BioCision
Increase in research and development in molecular biology and precision medicine is also expected to favor growth of the biobanking equipment market. In 2014, the Biobanking and BioMolecular resources Research Infrastructure–European Research Infrastructure Consortium (BBMRIERIC), an organization for biobanking in Europe, was established to provide a focal point for biobanking activities in Europe. It also provides access to quality-controlled human biological samples and associated data for cross-biobanking research.The biobanks also play a critical role in cancer research, as they provide access to the status of human genome. The complex networks of interactions between biomolecules and the clinical and functional consequences of their alteration can be studied on human genome instead of human biological specimens, which is easy for discovering new mechanisms involved in cancer. Biobanks are rapidly expanding in biomedical science domains including molecular pathology, molecular and genetic epidemiology, and pharmacogenomics.
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Some of the major players operating in the global biobanking equipment market include:
Thermo Fisher Scientific Inc., BioLife Solutions, Inc., Beckman Coulter, Inc., Panasonic Biomedical Sales, BioCision, Taylor-Wharton International, VWR International, So-Low Environmental Equipment Co. and Tecan AG.
Biobank is a repository or library which stores the biological samples intended for the research purpose. The biobank also plays an important role in different domains of biomedical research such as molecular diagnostics, pharmacogenomics, genetic epidemiology, and molecular pathology. The biobank is used to store purified saliva, blood, plasma, DNA samples, and tissue sample. Biobanking aims to improve the prevention, diagnosis and treatment of wide range of disease including heart diseases, cancer, diabetes, osteoporosis, arthritis, eye disorder, and several forms of dementia.
Market Dynamics
Increasing application of biobanking in various field such as oncology, neurology, cardiology, and orthopaedics is expected to be a major factor driving growth of the biobanking equipment market. Moreover, increasing adoption of precision medicine with rising awareness about the stem cell treatment and bio-preservation is expected to augment the biobanking equipment market size during the forecast period.
Key Features of the Study:
This report provides in-depth analysis of the biobanking equipment market, market size (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the forecast period: 2018 – 2026, considering 2017 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
Detailed Segmentation:
Global Biobanking Equipment Market, By Product Type:
Equipment
Refrigerators and Freezers
Liquid Nitrogen Supply Tanks
Cryogenic Storage Systems
Media
Optimized Pre-Formulated Media
Non-Optimized Isotonic Formulation Media
Consumables
Others
Global Biobanking Equipment Market, By Sample Type:
Human Tissue and Tumor Cells
Bio-fluids
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