Press release
North America Biobanking Market for Genomic Research and Precision Medicine | Driven by NIH Funding, Biospecimen Demand, and Integration with Digital Health Platforms
The North America biobanking market reached US$ 1.09 billion in 2024 and is expected to reach US$ 2.27 billion by 2033, growing at a CAGR of 8.6% during the forecast period 2025-2033.The North America Biobanking Market report by DataM Intelligence provides comprehensive insights and analysis on key market trends, growth opportunities, and emerging challenges. With a commitment to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. By combining qualitative and quantitative research methodologies, the firm delivers in-depth reports that help clients navigate complex market dynamics, drive strategic growth, and seize new opportunities in an ever-evolving global landscape.
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North America Biobanking Market Landscape Analysis :
The North America Biobanking Market is advancing steadily, driven by strong investment in biomedical research, growing biopharma collaborations, and the rising importance of biospecimens in clinical trials. Biobanks are now integral to genomic research, biomarker discovery, and the development of personalized therapies.
North America Biobanking Market: Shifting Industry Trends and Market Potential
Trends include integration of AI for sample analytics, digital biobanking systems, and partnerships with health systems for large-scale longitudinal studies. With strong government funding and a mature regulatory ecosystem, the region offers significant potential for innovation and commercial biobank expansion.
Strategic Players Driving the North America Biobanking Market Forward |:
Thermo Fisher Scientific Inc., QIAGEN N.V., PHC Corporation, Merck KGaA, Avantor, Inc., Cryoport Systems, LLC., Tecan Group Ltd., Azenta US Inc., Greiner Bio-One North America Inc., Hamilton Company.
Research Methodology:
The global North America Biobanking Market research report employs a comprehensive dual-source approach, integrating both primary and secondary data collection methods to ensure robust market analysis. Our research framework systematically evaluates multiple industry-influencing variables, including regulatory frameworks and government policies, prevailing market conditions, competitive intensity levels, historical performance data, current market positioning, technological innovations and disruptions, emerging industry developments, cross-sector business impacts, market volatility patterns, growth prospects, potential market barriers, and strategic challenges facing industry participants.
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Segment Covered in the North America Biobanking Market:
By Specimen Type: Blood, Tissues, Cell Lines, Nucleic Acids, Others.
By Product & Services: Equipments, Consumables, Services, Software.
By Storage Type: Manual Storage, Automated Storage.
By Application: Therapeutic Research, Life Science Research, Regenerative Medicine, Clinical Diagnostics, Personalized Medicine, Others.
By End-User: Pharmaceutical & Biotechnology Companies, Academic & Research Institutes, Hospitals & Clinics, Others.
Regional Analysis for North America Biobanking Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Most Frequently Asked Questions in the North America Biobanking Market Research Industry:
➠ Who leads the North America Biobanking industry and what's their competitive positioning regarding capacity, performance, and profitability?
➠ What growth opportunities and market challenges do North America Biobanking market vendors face?
➠ Which segments show the highest growth potential and market share distribution?
➠ What factors are driving or limiting North America Biobanking market growth?
➠ What are the dominant sales and distribution strategies in the North America Biobanking industry?
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