Global Biobanking Market to 2025 - Analysis and Forecasts by Leading Players Thermo Fisher Scientific, Panasonic Healthcare, Qiagen N.V, Merck KGaA , Tecan Trading , Promega, Brooks Automation, Chart Industriesmarket provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global biobanking market based on product & service, sample type, and application. It also provides market size and forecast till 2025 for overall biobanking market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 counties globally along with current trend and opportunities prevailing in the region.
The key players influencing the market are Thermo Fisher Scientific Inc., BD, Panasonic Healthcare Holdings Co., Ltd, Qiagen N.V, Merck KGaA , Tecan Trading AG, Promega Corporation, Brooks Automation, Inc. Chart Industries Inc, Hamilton Company.
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The "Global Biobanking Market Analysis to 2025" is a specialized and in-depth study of the healthcare industry with a focus on the global biobanking market trend. The report aims to provide an overview of global biobanking market with detailed market segmentation by product & service, sample type, and application. The global biobanking market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
A biobank is a type of biorepository that stores biological samples for use in research. The terms biorepository, Biological resource center (BRC), biobank refer to structured collections of biological samples and associated data, stored for the purposes of present and future research. Both biorepositories and BRCs can include tissues from humans, animals, cell and bacterial cultures, and even environmental samples, while a biobank typically handles human biospecimens such as tissue, blood, urine and information pertaining to the donors: demography and lifestyle, history of present illness, treatment and clinical outcomes.
The biobanking market is anticipated to grow with a significant rate in the coming years, owing to factors such as, rise in funds for biobanks, increase in R&D activities for application of biobank specimens, surge in prevalence of fatal chronic diseases. In the Asia-Pacific sector, China and South Korea have been identified as potential emerging markets due to high R&D investments.
The global biobanking market is segmented on the basis product & service, sample type, and application. The product & service segment includes, equipment, services, consumables, and software. Based on sample type, the market is segmented as, blood, cell lines, human tissues, nucleic acids, biological fluids. Based on application, the market is classified as, regenerative medicine, life science research and clinical research and others.
North America is expected to contribute to the largest share in the biobanking market in the coming years, owing to factors such as, increasing research activities in regenerative medicine, cell and gene therapy; growing interest in personalized medicine and biomarker discovery; increasing number of biotechnology and pharmaceutical companies; and rising investments in genomics and proteomics research in the region as compared to other regions. The United States biobanks market held the largest market share in North America due to the presence of high-quality healthcare system.
The report analyzes factors affecting biobanking market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions.
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