Biobanking Technologies Analysis | Latest Trends, Growth Factors, Key Players: Thermo Fisher, Tecan Group, Qiagen, Hamilton, Brooks Automation, TTP Labtech

A biobank is a type of biorepository that stores biological samples (usually human) for use in research. Since the late 1990s biobanks have become an important resource in medical research, supporting many types of contemporary research like genomics and personalized medicine.

The worldwide market for Biobanking Technologies is expected to grow at a CAGR of roughly 7.6% over the next five years, will reach 2870 million US$ in 2023, from 1850 million US$ in 2017, according to a new WMR study.

Following Key Players are Mentioned in this Report: Thermo Fisher, Tecan Group, Qiagen, Hamilton, Brooks Automation, TTP Labtech, VWR, Promega, Worthington, Chart Industries, BD, Merck, Micronic, Panasonic, Greiner Bio One, Biokryo, Biobank, Biorep

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Factors driving the growth of this market include the increasing number of genomics research activities for studying diseases; advances in biobanking and the growing trend of conserving cord blood stem cells of newborns; government & private funding to support regenerative medicine research; and the growing need for cost-effective drug discovery and development.

This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Biobanking Technologies market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

This report studies the global market size of Biobanking Technologies in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Biobanking Technologies in these regions. This research report categorizes the global Biobanking Technologies market by top players/brands, region, type and end user. This report also studies the global Biobanking Technologies market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.

The study objectives of this report are:
o To study and analyze the global Biobanking Technologies market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
o To understand the structure of Biobanking Technologies market by identifying its various subsegments.
o To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
o Focuses on the key global Biobanking Technologies companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
o To project the value and sales volume of Biobanking Technologies submarkets, with respect to key regions.
o To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

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Why Buy This Report from Worldwide Market Reports?
o Worldwide Market Research has an experience of years in researching healthcare markets
o We offers insights from healthcare specialists, general practitioners, pharmacists, nurses, and healthcare assistants
o Research report backed by interviews of healthcare professionals, medical centers, and care homes
o The Biobanking Technologies report helps to determine whether the industry is growing or contracting
o Insights regarding regional and country-wise growth of the industry
o In-depth analysis of major market players
o Buying preferences of end-users

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This release was published on openPR.