Press release
2021 DNA and RNA Banking Services Market Analysis
Deoxyribonucleic acid (DNA) and ribonucleic acid (RNA) share a corresponding relationship wherein the DNA stores and send out information of the genetics whereas RNA acts as a messenger between the ribosomes and DNA and produces proteins for the body. Biobanking advance have been identified as key areas in expedite the discovery and development of new therapeutic interventions, mostly in oncology. This multidisciplinary approach is pertaining in all features of disease prediction, prevention, therapy monitoring, drug discoveries, and optimization.
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Based on service type, the storage service segment is estimated to have a lucrative growth owing to the presence of numerous key providers in the market space. The rise of automated sample storage systems and automated liquid handlers to manage large sample volume, and lower the amount of time required to process, store, and distribute samples further drives the segment. By geography, North America is going to have high growth during forecast period due to initiation of national precision-medicine initiatives, such as the "All of Us" biobank in the U.S.
Some of the key players profiled in the DNA and RNA Banking Services Market include 23andMe Inc, Brooks Life Sciences, deCODE genetics, DNA Genotek Inc., EasyDNA, GoodCell, Infinity Biologix, LGC Biosearch Technologies, PreventionGenetics, ProteoGenex, Thermo Fisher Scientific, Inc and US Biolab Corporation, Inc.
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