openPR Logo
Press release

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.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Biobanks Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029) here

News-ID: 3297802 • Views:

More Releases from Orion Market Research

Infrastructure as Code (IaC) Service Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Infrastructure as Code (IaC) Service Market Size Analysis, Competitive Insights, …
Infrastructure as Code (IaC) Service Market was valued at approximately USD 0.932 billion, and it's projected to expand to around USD 7.509 billion by 2033, achieving a robust CAGR of 23.2% from 2024 to 2033. Infrastructure as Code (IaC) Service Market Overview The Infrastructure as Code (IaC) Service Market is experiencing remarkable expansion, fueled by the escalating need for scalable, automated infrastructure deployment across cloud and enterprise environments. In 2023, the market
Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market : A Guide to Understanding the Process
Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market : A Guide to …
Ultra High‐Performance Liquid Chromatography (UHPLC) Columns Market is estimated to be valued at USD 2.5 billion, and is projected to grow to approximately USD 4.8 billion by 2033, representing a compound annual growth rate (CAGR) of about 7.8% from 2024 to 2033. Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market Overview The UHPLC columns market is on a strong growth trajectory, fueled by increasing demand for rapid, high-resolution analytical techniques across pharmaceuticals, biotechnology,
Property Management Service Market Rising Demand and Growth Forecast Through 2033
Property Management Service Market Rising Demand and Growth Forecast Through 203 …
Property Management Service Market was valued at approximately USD 17.3 billion. It is anticipated to reach around USD 32.0 billion by 2033, growing at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2033. Property Management Service Market Overview The Property Management Service Market is witnessing steady growth due to increasing urbanization, rising investments in real estate, and a growing demand for outsourced property management solutions. Property owners are increasingly
5G Chipset Market Set to Witness Significant Growth by 2033 | Apple Inc., HiSilicon Technologies Co., Ltd., ZTE Corporation,
5G Chipset Market Set to Witness Significant Growth by 2033 | Apple Inc., HiSili …
The global 5G chipset market was valued at USD 33.75 billion in 2024 and is projected to reach USD 502.66 billion by 2033, growing at a compound annual growth rate (CAGR) of 35% from 2025 to 2033. 5G Chipset Market Overview The 5G chipset market is experiencing rapid growth, driven by the global rollout of 5G networks and the increasing demand for high-speed, low-latency connectivity across various applications, including smartphones, IoT

All 5 Releases


More Releases for Biobank

Global Biobank Market : Trending factors & Growth Drivers Impact Globally
The global biobank market size was USD 76.31 Billion in 2022 and is expected to register a revenue CAGR of 8.8% during the forecast period. The global biobank market is witnessing strong revenue growth, fueled by increasing funding in genomic research, rising demand for personalized medicine, and rapid technological advancements. Biobanks, which store and manage biological samples such as blood, cells, and tissues, play a critical role in therapeutic research,
US biobank Market Size To Boom with Top Key Players 2032 | Penn Medicine BioBank …
The qualitative latest Research report (2025-2032) on the US biobank Market by Coherent Market Insights Provides a deep dive into key market trends, drivers, challenges, and the competitive landscape. It analyzes market size, revenue, production, and CAGR using validated methodologies to ensure precision. The report highlights tech innovation, pricing trends, consumer behavior, and investment potential - empowering businesses to make informed, strategic moves. Request a Sample Copy: https://www.coherentmarketresearch.com/samplepages/135012 Focused on growth and
Biobank Sample Management And Storage System Market Size Analysis by Application …
USA, New Jersey- According to Market Research Intellect, the global Biobank Sample Management And Storage System market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period. The growing need for biobanking solutions in the research and healthcare sectors is driving significant expansion in the market for biobank
Biobanking Market Growth Strategies and Insights, Business Perspectives 2022-202 …
The global biobanking market is poised to grow by USD 18 billion during 2022-2028, progressing at a CAGR of 4.5% during the forecast period. Biobanking Market 2022 research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state
Cryopreservation Equipment Market is expected to reach US$ 11,255.02 Mn With CAG …
According to our latest market research study on “Cryopreservation Equipment Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type and Application,” the market is expected to reach US$ 11,255.02 million by 2028 from US$ 5,798.82 million in 2021; it is estimated to grow at a CAGR of 9.9% from 2021 to 2028. The report highlights the market trends, drivers, and deterrents. Growing acceptance for
Biobank Market || Opportunity and Industry Revenue Analysis
Prophecy Market Insights has recently published the Biobank informational report which will help retailers, manufacturers, and distributors to understand and realize the market drivers, restraints, and opportunities to generate revenue, and trends that are instrumental in shaping the target market and its revenue. This Biobank market report states the overview, historical data along with size, share, growth, demand, and revenue of the global industry. The report analyses the attractive opportunities