Press release
Biobanking Market Estimated to Flourish by 2025 - Top Leading Players Thermo Fisher Scientific, BD, Panasonic Healthcare Holdings, Qiagen N.V, Merck KGaA, Tecan Trading AG, Promega, Brooks Automation, Chart Industries and Hamilton Company
Biobanking Market High Growth
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.
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Top Leading Market Players:
1. Thermo Fisher Scientific Inc.
2. BD
3. Panasonic Healthcare Holdings Co., Ltd
4. Qiagen N.V
5. Merck KGaA
6. Tecan Trading AG
7. Promega Corporation
8. Brooks Automation, Inc.
9. Chart Industries Inc
10. Hamilton Company
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.
Key Benefits-
• To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Biobanking Market
• To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa).
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.
The report biobanking market 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.
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.
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Reason to Buy:
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Global Biobanking Market.
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the Biobanking, thereby allowing players to develop effective long term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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