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Biological Sample Handling Market worth $28.88 billion by 2030, growing at a CAGR of 6.47% - Exclusive Report by 360iResearch
Biological Sample Handling Market | 360iResearch
The Global Biological Sample Handling Market to grow from USD 18.62 billion in 2023 to USD 28.88 billion by 2030, at a CAGR of 6.47%.
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Biological sample handling refers to collecting, storing, processing, and transporting biological materials, such as blood, tissue, saliva, or any other organismal specimen, in a way that preserves the integrity and minimizes contamination or degradation of the sample. This process is crucial for ensuring the reliability of biological research, clinical diagnostics, and therapeutic interventions. It encompasses a wide range of protocols and procedures tailored to the specific requirements of the biological material, including temperature control, contamination prevention, and legal and ethical compliance regarding sample collection and use. An increase in research and development (R&D) activities, especially in genomics, proteomics, and personalized medicine, drives the demand for sophisticated sample-handling solutions to ensure sample integrity and reliability. However, the strict regulations associated with biological sample handling are a significant challenge the key players face. Companies adhere to government regulations to remain sustainable and agile within the global space. Moreover, technological advancements in automation and cryopreservation have revolutionized the handling of biological samples. Automated systems reduce human error and increase throughput, while advances in cryopreservation techniques have extended the viability of samples, thereby supporting longer-term studies.
In the Americas, biological sample handling is highly regulated, strongly emphasizing compliance with FDA regulations and guidelines. Recent patents have focused on improving the accuracy and efficiency of sample processing. Investments in biobanking and personalized medicine have driven the demand for advanced sample-handling solutions in this region. Customers in America prioritize reliability and quality, with a growing interest in automation and integrated systems. On the other hand, in the EMEA, the regulatory environment is stringent, with a focus on data protection and patient privacy impacting sample handling practices. Investments in biobanks and translational research are widespread in the region. Moreover, the Asia-Pacific region is witnessing a dynamic shift in the biological sample handling market, characterized by significant growth due to rising investments in biobanking, an expanding biopharmaceutical sector, and an increasing emphasis on research and development activities. The proliferation of chronic diseases and the urgent need for personalized medicine are significant drivers propelling advancements in biological sample-handling techniques.
Market Segmentation & Coverage:
This research report categorizes the Biological Sample Handling Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across Cellular & Genetic Material, Saliva Samples, Stool Samples, and Urine Samples. The Urine Samples is projected to witness significant market share during forecast period.
Based on Product, market is studied across Blood Collection Kits, Swabs, and Viral Transport Media. The Swabs is further studied across Nasal Swabs, Nasopharyngeal Swabs, and Oropharyngeal Swabs. The Swabs is projected to witness significant market share during forecast period.
Based on End-Use, market is studied across Diagnostic Centers, Homecare, and Hospitals & Clinics. The Homecare is projected to witness significant market share during forecast period.
Based on Application, market is studied across Diagnostics and Research. The Diagnostics is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.88% in 2023, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Biological Sample Handling Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Biological Sample Handling Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Biological Sample Handling Market, highlighting leading vendors and their innovative profiles. These include Accelerated Laboratory Logistics, Alliance Pharma PLC, Azenta Life Sciences, BioDock Limited, BioLife Solutions Inc., Clinigen Group, Cryoniss, Cryoport Systems, LLC, Discovery Life Sciences, Eppendorf SE, Hamilton Company, Infiuss Health, Labtoo, Marken by United Parcel Service, Inc., Mercury Business Services, MLM Medical Labs, Oximio, PrecisionMed, LLC, ReproCELL Inc., SAROUTE Co., Ltd., SPT Labtech Ltd., Thermo Fisher Scientific Inc., and Ziath Ltd..
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Biological Sample Handling Market, by Type
7. Biological Sample Handling Market, by Product
8. Biological Sample Handling Market, by End-Use
9. Biological Sample Handling Market, by Application
10. Americas Biological Sample Handling Market
11. Asia-Pacific Biological Sample Handling Market
12. Europe, Middle East & Africa Biological Sample Handling Market
13. Competitive Landscape
14. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Biological Sample Handling Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Biological Sample Handling Market?
3. What is the competitive strategic window for opportunities in the Biological Sample Handling Market?
4. What are the technology trends and regulatory frameworks in the Biological Sample Handling Market?
5. What is the market share of the leading vendors in the Biological Sample Handling Market?
6. What modes and strategic moves are considered suitable for entering the Biological Sample Handling Market?
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