openPR Logo
Press release

Bio-Banking Products Market Forecast and Segments Till 2020

01-20-2017 03:51 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: SA-BRC

Bio-Banking Products Market Forecast and Segments Till 2020

Bio-Banks are repositories that store biological samples and tissues for research and medical treatment. The variety of tissues and samples that are stored includes blood, saliva, plasma, stem cells and purified DNA among other samples. The rising demand for stem cell therapies has affected the demand for cell banking and bio-banking in a very positive way. Bio-banking services are also focused directly to families and partners who wish to ensure a child?s healthcare needs by preserving cord blood stem cells and tissue during pregnancy. In several instances, these tissues are obtained with the consent of patients and provided to researchers and scientists in the medical field to gain knowledge on approaches to treating rare disease conditions such as pre-eclampsia, diabetes and coronary artery fistula. Bio-banking conferences and platforms have increased the importance and awareness of high quality specimens and protocols to obtaining them. Along with this, education is also imparted to scientists and researchers on tissue preservation, ethics, sustainability, tissue-tracking, implementing and maintaining tissue repository, local and international regulatory frameworks for commercializing services. IT services into data management and storage has also been absorbed along the path of progress. Cord Blood Banks are a sub segment of this market where storage services are currently one of the largest services provided by these private companies. Along with this, stem cell storage is another aspect of creating a repository where the donor of the stem cells may not necessarily be an infant. These repositories are already supporting the treatment of several delayed onset of genetic disorders, diseases which result in organ failure, accidents and scarring or any other damage which may not be identified clearly. Bio-banking automation segment is also another aspect of this market that involves instrumentation and analytical tools for assuring quality of final samples. Several companies such as Thermo Fisher Scientific offer bio-banking solutions. Due to the presence of a large number of public and government run hospitals, there is an ongoing discussion whether bio-banks should have private certifications or government certifications. There are over 150 companies and universities storing biological tissue samples for research and treatment over the world.

Free Sample Report@

The market for Bio-Banking is being driven primarily due to increased education and awareness among the masses regarding the safeguarding of infant?s future in terms of any serious ailment. Flexible options of remuneration through donation of tissue to research facilities have further spurred people to opt for bio-banking. Many national and international organizations such as American College of Obstetricians and Gynecologists (ACOG) and the American Academy of Pediatrics (AAP) issued statements in the late 1990s opposing private profiting companies and for better services, it was advised that donors provide samples to non-profit or government storage centers which distribute samples and provide services at a much lower cost. The market for cord blood banking still faces some major ethical and regulatory hurdles. Among these, another factor challenging the growth of the market in developing regions is the initial cost and annual maintenance cost for storage of tissue. Ongoing SA-BRC research estimates the total market for bio-banking to be valued at around US$ 760.0 million in 2014 and expected to grow at a CAGR of 18.3% from 2016 to 2020. North America and Europe remain the largest bio-banking regions for animal tissue as well as plant tissue repositories. With increasing investment in Middle-East for healthcare technologies, the region is expected to become a major investment area in coming years. Due to ethical concerns regarding stem cells and embryonic stem cell research in Europe and Middle-East, the market may be muted as compared to North America and Asia-Pacific. In terms of players the market is quite fragmented with considerable players in each segment and notable players include Cryobanks International, Cord Blood America, ViaCord, Novo Nordisk, TAP Biosystems, Nexus Biosystems, Thermofisher Scientific, GenVault, Qiagen NV and Tissue Solutions.

Click For Request TOC@

About Us
Spearhead Acuity Business Research & Consulting Private Limited (SA-BRC) is a premium Life Science business intelligence and data analytics firm. SA-BRC team offers a wide range of business intelligence services to multiple stakeholders such as Medical Device Manufacturers, Service Providers (Hospitals, Payers, etc.), Suppliers, Group Purchase Organizations, Distributors and all other individuals in the entire value chain of healthcare industry. Our research and consulting capabilities extend across several sub-domains within the sphere of Life Sciences such as Biotechnology, Healthcare IT, Medical Devices, Veterinary Sciences, Wellness Products and Pharmaceuticals.

Contact Us
John Whitmore
10685-B Hazelhurst Drive,
Suite 17411
Houston, Texas 77043,
United States
Phone: +1(832)-426-3701

This release was published on openPR.

Permanent link to this press release:

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 Bio-Banking Products Market Forecast and Segments Till 2020 here

News-ID: 418431 • Views: 456

More Releases from SA-BRC

Biochip Market Analysis by Application and Trend 2017-2021
Biochips allow simultaneous testing of higher number of analytes to achieve high throughput and low cost per test. Nanotechnology has helped in miniaturization of devices to achieve higher performance standards. Microarrays are most important part of biochips which send signals to the biochip to deliver end results. Microfluidic biochips have become modern alternative to routine laboratories. Microfluidic technology which enables controlling flow of liquids in micro and pico quantities has
Acute Myeloid Leukemia Therapeutics Market Share, Analysis and Segments 2017-202 …
Acute myeloid leukemia is a cancer of blood cells and involves proliferation of abnormal blood cell types and subsequent replacement of bone marrow with cancerous cells. Major leukemia types include myeloblastic, promyeloctic, myelomonocytic, monocytic, erythroleukemia, megakaryocytic. Treatment of leukemia mainly depends on the type of leukemia and stage. Acute myeloid leukemia therapeutics market is rich with branded as well as generic drugs classified under various classes including antineoplastic agents, corticosteroids, tyrosine
Companion Diagnostics Market Share, Trends Analysis: 2017-2021
Companion diagnostics has revolutionized cancer therapeutics and enabled physicians to select specific treatment pattern from of myriad of drugs for cancer treatment. This has improved treatment outcome manyfold and has now become and indispensable part of personalized medicine. The companion diagnostics market received great attention post success of Herceptin (trastuzumab) and Gleevec (imatinib). Rapid adoption of companion diagnostics and supportive regulatory agencies have encouraged researchers to seek molecules that target
North America and Europe Bionic Eye Market Segment Analysis And Forecast: 2017-2 …
Sudden surge in bionic eye market was experienced recently after the National Health Service (NHS) announced the sponsorship to implant bionic eyes in ten patients. The bionic eye can help regain vision in individuals with visual impairment. Although currently two bionic eye systems has received regulatory approvals, other companies in the bionic eye market are also trying to develop new technology that can help in regaining visual sense in patients. The

All 5 Releases

More Releases for Products

Snail Beauty Products Market
Snails naturally secretes slimy mucus/snail extract (Helix aspersa muller glycoconjugates) to protect themselves from cuts, bacteria, and UV ray. This protective slimy mucus is enriched with beauty enhancers such as hyaluronic acid, glycolic acid, elastin, glycoprotein enzymes, anti-microbial, copper peptides, and various others. In ancient Greece, snail mucus was applied on wounded or burned skin to enhance skin healing. Currently, snail mucus is used to prepare serums, facial masks, moisturizers,
Feminine Hygiene Products Market -
Feminine hygiene products are used for maintaining personal hygiene during menstruation, menstrual discharge, cleaning internal body parts and for removing unwanted hair over skin. Some of the major feminine hygiene products are internal cleansers and sprays, tampons, sanitary pads, pantiliners and shields, and disposable razors and blades. Sanitary pads, pantiliners and shields are available in many varieties with different sizes and absorbency level. The feminine hygiene products market has experienced
Agrow Plant Stress Products
ReportsWorldwide has announced the addition of a new report title Agrow Plant Stress Products 2016 to its growing collection of premium market research reports. Abiotic stresses such as heat, cold and drought prevent crops from reaching their full potential productivity. Plant stress products are a new category, increasing the tolerance of crop plants to these and other adverse environments. They span conventional pesticides with ‘crop enhancement’ or ‘plant health’ promoting properties,
MWI Consulting Products
City planners all over the world have realized that decongesting roads is a necessity as the urban population continues to swell and this is achievable only by introducing a well-connected network of Metro rail system to transport the growing number of city commuters. Based on the two (2) Product Lines, MWI has successfully developed and deployed the following products: RailHUB The Metro operations are very different from long haul train operations in that,
"Vegetarian" Fur-Products
A Contradiction or a Longterm Fashion Trend? Press-Release, Munich, 5th September 2012 Long before Lady Gaga and Dan Matthews began engaging in their public social-media dispute in regards to the ethics behind wearing fashionable furs, the German fur manufacturer of the "Loringhoven GmbH" took a stance on the subject: Many years ago this Munich-based company decided that while their fur collections must be highly fashionable, they also had to meet ethical expectations
Nuvico security products
Spytown is the Security SuperStore that specializes in home security systems and one of the leading manufacturers that supply their products is Altronix. Altronix Corporation is one of the worlds foremost designers and manufacturer of low voltage electronic components. Altronix presents a wide-ranging line of Security, Fire, CCTV, Access, Nurse Call, and Automation products. The security industry requires electronic components which can perform flawlessly under rigorous conditions, twenty-four hours a day.