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Biobanking Market Market Expected to Grow at 2.69 Billion In Revenue by 2022

05-26-2019 02:42 PM CET | Industry, Real Estate & Construction

Press release from: RnRMarketResearch.com

The Global Biobanking Market is committed fulfilling the requirements of the clients by giving them thorough insights into the market. An exclusive data offered in this report is collected by research and industry experts team.

The Biobanking Market is expected to reach USD 2.69 Billion by 2022 from USD 1.85 Billion in 2017, at a CAGR of 7.8%. This report spread across 171 Pages, Profiling 13 Companies and Supported with 123 Tables and 38 Figures is now available in this research.

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Most Popular Companies profiled in the biobanking market include Thermo Fisher Scientific Inc. (U.S.), Tecan Group Ltd. (Switzerland), Qiagen N.V. (Germany), Hamilton Company (U.S.), Brooks Automation (U.S.), TTP Labtech Ltd (U.K.), VWR Corporation (U.S.), Promega Corporation (U.S.), Worthington Industries [(Taylor Wharton, U.S.)], Chart Industries (U.S.), Becton, Dickinson and Company (U.S.), Merck KGaA (Germany), Micronic (Netherlands), LVL Technologies GmbH & Co. KG (Germany), Panasonic Healthcare Holdings Co. Ltd (Japan), Greiner Bio One [Greiner Holding AG, Austria)], Biokryo GmbH (Germany), Biobank AS (Norway), Biorep Technologies Inc. (U.S.), Cell & Co Bioservices (France), RUCDR infinite biologics (U.S.), Modul-Bio (France), CSols Ltd (U.K.), Ziath (U.K.), and LabVantage Solutions Inc. (U.S.).

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“Automated storage is expected to register the highest CAGR during the forecast period”
The biobanking market is classified by storage type into manual and automated storage. The automated storage type segment is expected to grow at a higher rate during the forecast period. This is attributed to launch of new and advanced automated storage equipment and increasing demand for the quality storage of samples.

“Regenerative medicine to dominate the market during the forecast period”
The biobanking market is segmented based on applications regenerative medicine, life science research, and clinical research. In 2017, the regenerative medicine segment is expected to command the largest share and is also estimated to grow at the fastest rate as compared to other segments. This can be attributed to increasing research activities in the field of regenerative medicine and rising demand for well-annotated and quality bio samples for research.

“Asia-Pacific is estimated to grow at the highest CAGR during the forecast period”
Geographically, the biobanking market is dominated by North America, followed by Europe. The Asia-Pacific region is estimated to grow at the fastest rate which can be attributed to the large population in China and India, increasing research in regenerative medicine, and improving life sciences research infrastructure in the region.

Reason to access this report:
• Market Penetration: Comprehensive information on the product portfolios of the top players in the biobanking market

• Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the biobanking market

• Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments, and product portfolios of the leading players in the biobanking market

• Market Development: Comprehensive information about emerging markets. This report analyzes the market for various biobanking products across geographies

• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the biobanking market

Competitive Landscape of Biobanking Market:
1 Introduction
2 Competitive Leadership Mapping
2.1 Visionary Leaders
2.2 Innovators
2.3 Dynamic Differentiators
2.4 Emerging Companies
3 Competitive Benchmarking
3.1 Strength of Product Portfolio
3.2 Business Strategy Excellence
4 Market Share Analysis

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