A report on Biobanking Sample Market has been appended into the market research report database of Reports and Insights, in recent times, that promises to offer a complete analysis to its readers on the growth forecasts and development prospects of the market, together with the potential business opportunities in the industry. The study, which emphasizes the most recent business dynamics, trends, growth drivers and opportunities that are impacting the market growth, also comprises the market size and the compounded average growth rate (CAGR) for the projected period 2022 and 2030. The report on Biobanking Sample Market also incorporates an in-depth assessment on both the macro- and micro-environmental factors that are likely to impact the market growth over the forecast period. In addition to that, analytical tools such as Porter’s five forces analysis and PESTEL analysis are utilized to reckon and gather the factors that are playing the role of the driving force for the growth of the market.
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The global biobanking sample market is estimated to reach at a value of US$ 63.5 Bn by the end of 2022 and expected to reach at a value of US$ 101.7 Bn by 2030 with a significant CAGR of 6.1%
Biobanking Sample Introduction
Biobank can be comprehended as a bio-repository which is uniquely designed for the purpose of stockpiling biological samples which can serve its utility later for the purpose of diagnosis, biodiversity studies and research so they can improve the information affiliated with the several kinds of health and diseases. These biological samples comprise various vital parts of the human body including, blood, human cells, biological fluids, human waste products, and other.
Biobanking Sample Market Dynamics
One of the major factors that is boosting the growth of the global biobanking sample market is the growing number of applications in the field of life sciences and rapidly surging demand for research and development activities in the field of genomics for examining several different diseases.
In addition to that, the rising technological advances in the healthcare sector and advent of innovative and fresh medical devices and equipment along with the increasing penetration by market players is further expected to advance the growth of the global biobanking sample market in the years to come.
On top of that, the rising private and government funding across the world in order to assist regenerative medicine research are also anticipated to propel the growth of the global biobanking sample market over the forecast period. Although greater cost of automation is likely to hold back the growth of the market in the coming years.
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Biobanking Sample Market Segmentation
The global biobanking sample market is segmented on the basis of product & services, sample type, storage type, application, end-user, and region
By Product & Services
- Equipment
- Storage equipment
- Sample analysis equipment
- Sample processing equipment
- Sample transport equipment
- Others
- Consumables
- Storage consumables
- Analysis consumables
- Processing consumables
- Collection consumables
- Services
- Storage services
- Processing services
- Transport services
- Supply services
- Software
By Sample Type
- Blood products
- Human tissues
- Cell lines, nucleic acids
- Biological fluids
- Others
By Storage Type
- Manual storage
- Automated storage
By Application
- Regenerative medicine
- Life science research
- Clinical research
By End-User
- Hospitals
- Diagnostic laboratory
- Research centers
- Others
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
Biobanking Sample Market Key Players
The key participating players of the global biobanking sample market include Hamilton Company, Greiner Holding AG, Promega Corporation, Becton, Dickinson and Company, Merck KGaA, VWR Corporation, Tecan Trading AG, Thermo Fisher Scientific Inc., Panasonic Healthcare Holdings Co., Ltd., Qiagen N.V.,Brooks Automation, Inc., Chart Industries, Inc., among others.
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