Global Biobanking Equipment Market Estimated to Surpass Revenues worth US$ 1,300 Mn by 2022-End.

Rising number of research activities related to genomics to study nature of diseases, along with the advancements in biobanking are expected to impact growth of the global biobanking equipment market. This Fact.MR report analyzes the expansion of global biobanking equipment market till date, and provides key insights on the growth of the market during the forecast period, 2017-2022.

The scope of Fact.MR’s report is to analyze the global biobanking equipment market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Medical device manufacturers, research institutes, and raw material suppliers in the global biobanking equipment market can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and medical journals pertaining to biobanking equipment.

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The Fact.MR report offers segment-wise analysis & forecast to cover the broad scope of the global biobanking equipment market. The global biobanking equipment market is segmented on the basis of product, sample type, application, storage type, and region. This segmentation analysis provided is comprehensive, with a detailed country-wise forecast offered across all key market parameters.

The report’s last section comprises of the global biobanking equipment market competitive landscape, to provide readers with the dashboard view of company analysis and market players. This competitive intelligence is based on the providers’ categories across value chain, and their presence in the global biobanking equipment market.

Regenerative Medicine - Largest Application of Biobanking Equipment
Although regenerative medicine is projected to remain the largest application of biobanking equipment, sales for application in clinical research will exhibit the highest CAGR through 2022. Sales of biobanking equipment for application in life science research will remain relatively lower over the forecast period.

Manual storage are poised to remain sought-after in the global biobanking equipment market. However, automated storage is expected to register the fastest expansion in the market through 2022.

North America will remain the most attractive market for biobanking equipment, expanding at 7.6% CAGR through 2022. In addition, the markets in Japan and Latin America are estimated to witness a parallel expansion, exhibiting similar CAGRs through 2022.

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Blood will Remain Most Lucrative Sample in the Market
Blood is expected to be the most lucrative sample in the market, with sales expanding at the highest CAGR and accounting for the largest revenues through 2022. In contrast, sales of tissues are anticipated to exhibit the lowest CAGR through 2022, based on sample type.

On the basis of product, equipment will remain dominant in the market, with sales poised to exceed US$ 1,300 Mn in revenues by 2022-end. Between consumables, and software & services, the latter is projected to register a comparatively faster expansion through 2022.

Competition Tracking
The report has profiled key players operating in the global biobanking equipment market, which include Becton, Dickinson and Company, Brooks Automation, Inc., Chart Industries, Inc., Greiner Holding AG, Hamilton Company, Merck KGaA, Panasonic Healthcare Holdings, Promega Corporation, Tecan Trading AG, Qiagen N.V., Thermo Fisher Scientific Inc., and VWR Corporation.

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This release was published on openPR.