US Biological Sample Handling Market Industry Analysis, Size, Share and Forecast 2019 -2025

The US Biological Sample Handling market is expected to grow at a CAGR of around 8.2% during the forecast period. The US is the leader in the biological sample handling market attributed to the presence of major life science companies such as Thermo Fisher Scientific, Inc., Abbott Laboratories, Inc., Becton, Dickinson and Co., and rising R&D spending in the region. For instance, total federal R&D funding proposed for Health and Human Services is $24,742 million in 2019. This funding is provided to various agencies that include the Administration for Children and Families, CDC, FDA, Health Resources and Services Administration, NIH, and Departmental Management. The penetration and rising applications of the biological sample handling in drug discovery and other research such as proteomics and biomarker study are the major factors that are driving the growth of the market in the US.

Get Sample Copy of US Biological Sample Handling Market at: https://www.omrglobal.com/request-sample/us-biological-sample-handling-market

Major Key Players - Abbott Laboratories, Becton, Dickinson and Co., BioRepository Resources, LLC, Brooks Automation, Inc., Conversant Bio., Cry point, Experimental Pathology Laboratories (EPL), Inc., Fisher BioServices, Sigma-Aldrich Co. LLC.

Moreover, the growing demand for personalized medicine has been creating significant opportunities for the biological sample handling market. Advancement in personalized medicine through genomics including proteomics, and diagnostics has increased the demand for biological sample handling instruments.

Pharmaceutical and biotechnology companies are known to identify and develop medicines through these proteomics-based research efforts. The major benefits of these personalized medicines are that they are designed to work for individual patients on the basis of the specific molecular characteristics of their disease along with their genetic makeup stored in sample handling instruments. Hence, the growth in personalized medicine will augment the market growth for biological sample handling.

For More Information, get A full report of US Biological Sample Handling Market is available at: https://www.omrglobal.com/industry-reports/us-biological-sample-handling-market

Further, the remarkable presence of biobanks in the US has contributed significantly to the biological sample handling market. More than 300 million biospecimens are stored in the US in public and private biobanks also known as repositories. These biospecimens include human blood, surgical tissue, and so on, containing genetic material that can be analyzed to identify gene variations associated with human diseases.

US Biological Sample Handling Market Segmentation

US Biological Sample Handling Market by Storage Type

o Cold Storage
o Room Temperature Storage

US Biological Sample Handling Market by Application

o Drug Discovery
o Forensic Investigation
o DNA Extraction
o Proteomics and Genomics Studies
o Others

US Biological Sample Handling Market by Ownership

o Commercial
o Academic/Research

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/us-biological-sample-handling-market

Media Contact:

Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +1 646-755-7667, +91 7803040404

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

For More Information, Visit https://www.omrglobal.com/

This release was published on openPR.