Biobanking Market Dynamics and Key Players' Strategies for Sustained Growth

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Rising focus on genetic testing and personalized medicine are key factors driving market revenue growth

The global biobanking market size is expected to reach USD 67.90 Billion in 2030 and register a revenue CAGR of 8.6% over the forecast period, according to latest analysis by Emergen Research. Increasing genomic research activities and investment in R&D by major companies is driving global biobanking market revenue growth. Surge in research activities of regenerative medicines, stem cell therapeutics, and cell and gene therapy is also driving revenue growth of the global market.

The report is formulated with the updated and latest information of the global Biobanking market further validated and verified by the industry experts and professionals. The Global Biobanking Market report contains historical, current, and forecast estimation of the revenue generation and profits for each segment and sub-segment of the Biobanking market in each key region of the world. The report additionally sheds light on the emerging growth opportunities in the business sphere that are anticipated to bolster the growth of the market.

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Competitive Terrain:

The global Biobanking industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

The leading market contenders listed in the report are:

U.K. Biobank Limited, Medizinische Universitat Graz, Hamilton Company, ASKION, Azenta Life Sciences, Qiagen, Promega Corporation, Integrated Biobank of Luxembourg (IBBL), Isenet Biobanking and Thermo Fisher Scientific, Inc

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Biobanking market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Competitive Outlook: The leading companies operating in the Biobanking market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Biobanking market.

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Market Segmentations of the Biobanking Market

This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Biobanking market on the basis of product, application, and region:

Segments Covered in this report are:

  • Product & Services Outlook (Revenue, USD Billion; 2018–2030)

    • Equipment
      1. Storage Equipment
      2. Sample Transport Equipment
      3. Sample Processing Equipment
      4. Sample Analysis Equipment
    • Consumables
      1. Collection Consumables
      2. Storage Consumables
      3. Processing Consumables
      4. Analysis Consumables
    • Services
      1. Supply Services
      2. Processing Services
      3. Storage Services
      4. Transport Services
    • Software
  • Sample Type Outlook (Revenue, USD Billion; 2018–2030)

    • Biological Fluids
    • Human Tissues
    • Blood Products
    • Nucleic Acids
    • Human Waste Products
    • Cell Lines
  • Storage Type Outlook (Revenue, USD Billion; 2018–2030)

    • Automated Storage
    • Manual Storage

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Major Geographies Analyzed in the Report:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

ToC of the report:

Chapter 1: Market overview and scope

Chapter 2: Market outlook

Chapter 3: Impact analysis of COVID-19 pandemic

Chapter 4: Competitive Landscape

Chapter 5: Drivers, Constraints, Opportunities, Limitations

Chapter 6: Key manufacturers of the industry

Chapter 7: Regional analysis

Chapter 8: Market segmentation based on type applications

Chapter 9: Current and Future Trends

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