Global Biobanking Market is expected to grow at a CAGR of 9.5% during the forecast period

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Global Biobanking Market is expected to grow at a CAGR of 9.5% during the forecast period. Factors such as occurrence of chronic diseases, increase in aging population and decrease in research expenses are fueling the market growth. By sample type, human tissues segment is largest market accounting for almost 55% of the total market share during the forecast period. The unavailability of proper animal models for some neurological and psychiatric diseases is a significant factor in the growing preference for human tissue.

By product type, equipment segment commanded the largest market share during the forecast period. By geography, North America and Europe commanded the largest market share attendance of large players that are domiciled out of these nations.

Some of the key players in Biobanking market include Thermo Fisher Scientific, DNA Genotek, BioStorage Technologies, Askion GmBH, LVL Technologies, Cryo Bio System, BioRep SRL, Seralab, Tissue Solutions, SOL Group, Micronic, Brooks Life Science Systems, Fluidx, CryoXtract and Beckman Coulter.

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Applications Covered:
Population Biobanks
Virtual Biobanks
Tissue Biobanks

Product Types Covered:
Consumables
Equipment

Sample Types Covered:
Stem Cells
Bio-fluids
Human Tissues
Deoxyribonucleic acid (DNA)
Ribonucleic acid (RNA)
Other Sample Types

Regions Covered:
North America
o US
o Canada
o Mexico
Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt

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This release was published on openPR.