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Biobanks Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)

11-22-2023 11:35 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Biobanks Market is Anticipated to Increase at a Stable CAGR over

Global biobanks market is anticipated to grow at a CAGR of 10.1% during the forecast period (2023-2030). Biobanks are used to store biological samples for research purposes and are considered to be crucial for research development and healthcare through sample and data storage, analysis, and sharing. High investments in the R&D of advanced therapies, such as regenerative medicine, personalized medicine, and cancer genomic studies, are driving the growth of the biobanks market. According to the National Institute of Health (NIH), in 2022, biobanks are the result of the combination of emerging novel technologies, well-cataloged human biological samples, and corresponding clinical and research data.

By analyzing tissue samples, researchers can gain a better understanding of how diseases develop and progress, and they can identify potential targets for new treatments. For instance, in January 2023, Hamad Medical Corp and Qatar BioBank launched a tissue biobank. Tissue biobanking allows researchers to study diseases and health conditions at the cellular and molecular levels. By providing researchers with access to high-quality tissue samples, tissue biobanks support the development of new therapies and diagnostic tests that can benefit patients.

Biobank resource has created an unparalleled opportunity for medical research there have been some limitations with collating, storing, and accessing data at this scale. The new cloud-based platform removes these barriers and accelerates both the speed and scale of health-related research. For instance, in September 2021, UK Biobank, a large-scale biomedical database, and research resource, launched a uniquely powerful and innovative research platform that allows approved researchers to access and analyze the entire UK Biobank database securely, in the cloud, from anywhere in the globe.

The biobank study generates longitudinal physiological data from the samples collected and connected to other metadata to gain insights about changes in health status and understand the differences between pets that are healthy as they age and pets that develop diseases. For instance, in June 2022, Mars Petcare Biobank launched a pet biobank to drive breakthroughs in disease diagnosis & prevention. An unprecedented scientific initiative designed to improve understanding of pet health and disease, and help scientists and veterinarians innovate individualized healthcare for pets.

To Request a Sample of our Report on Biobanks Market:  https://www.omrglobal.com/request-sample/biobanks-market

Market Coverage

The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030

Segment Covered- 

By Equipment
By Sample Type
By Application

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- Becton, Dickinson and Company, VWR International, LLC, Hamilton Company, IC Biomedical, LLC, Taylor-Wharton International LLC, Merck KGaA, QIAGEN N.V., Thermo Fisher Scientific Inc., and others

Biobanks Market Report Segment

By Equipment

Cryogenic Storage Systems
Refrigerators
Ice Machines
Freezers
Alarm Monitoring Systems
Other (Automated liquid handler)

By Sample Type 

Human Fluid (Blood, Serum, Plasma, Urine, Saliva, Spinal Fluid, and Other)
Cell (Bone Marrow Cells, Peripheral Blood Mononuclear Cells, and Others)
Human Tissue and Organ (End-Arterectomy Specimens)
Nucleic Acids (DNA/RNA/mDNA/microRNA)
Other

By Application

Therapeutics
Regenerative Medicine
Drug Discovery
Other

A full report of Biobanks Market available @ https://www.omrglobal.com/industry-reports/biobanks-market

Biobanks Market Report Segment by Region

North America          

United States
Canada

Europe

Germany
United Kingdom
France
Spain
Italy
Rest of Europe

Asia-Pacific   

China
Japan
India
Rest of Asia-Pacific

Rest of the World

Middle East & Africa
Latin America

Company Profiles

Azenta US, Inc.
Becton, Dickinson, and Company
BioLife Solutions Inc.
Brooks Automation
Danaher Corp.
Hamilton Company
IC Biomedical, LLC
Indivumed GmbH
Merck KGaA
PHC Corp.
Taylor-Wharton International LLC

 Reasons to Buying From us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +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. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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