Global Biobanking Market Growth Graph to Climb Uphill 2022-2028

Posted On March 22, 2022     

Value Market Research's report on the Global Biobanking Market anticipates the market growth to show a positive trend during 2022-2028. Increased clinical trials and research in the healthcare industry and changing investigator needs are projected to drive the market. As an exact and reliable collection of outcomes plays a significant role in various studies, biobanking is emerging as a viable field. Growing research in genomics, proteomics, and personalized medicine fuels the industry's expansion. The number of samples requested explicitly for companion diagnostic and biomarker purposes has increased dramatically in biobanks. Biobanks and tissue providers have grown tremendously in size and number in response to rising demand and are now becoming vital partners for academic and commercial organizations. Meanwhile, challenges with biospecimen sample procurement and high automation costs impede the market's growth.

Biobanking is the gathering of biological samples and health information. Different biobanks collect data and models, some unique to an illness or research project, while others are population-based. The gathered pieces are coupled with a list of data that describes the sample history, sampling process, sample treatment, and analysis results. They are utilized to build novel therapies or technologies and scientific articles. Disease-centric, population-based, DNA/RNA, tissue versus numerous specimen kinds, commercial, project-driven, and virtual biobanks are all examples of biobanks.

The report "Global Biobanking Market Report By Product (Equipment, Consumables, Services, Software), By Sample (Blood Products, Human Tissues, Cell Lines, Nucleic Acids, Others), By Application(Regenerative Medicine, Life Science, Clinical Research) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2021-2028" initial sections begins with the introduction, a short market summary with graphical representation, and detailed revenue analysis by segments and regions. The study goes into great detail on the market drivers that are driving the market growth. The Biobanking market upcoming opportunities listed in the report may assist in taking strategic decisions and identify profit centers.

VMR's report divides the market as Product, Sample, Application.

Under Product, the market is categorised as: Equipment, Consumables, Services, Software.

Under Sample, the Biobanking market is further categorised as:    Blood Products, Human Tissues, Cell Lines, Nucleic Acids, Others.

Under Application, the Biobanking market is further categorised as: Regenerative Medicine, Life Science, Clinical Research.

The geographical section of the report includes North America, Europe, Asia Pacific, Latin America and Middle East & Africa. All the segments and sub-segments are studied in detail at regional and country level.

Players Profiled In the Report:

  • Thermo Fisher Scientific Inc.
  • Panasonic Healthcare Holdings Co., Ltd.
  • Becton, Dickinson and Company
  • Qiagen N.V.
  • Merck KGaA
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