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 RD 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.

Biobanking market revenue growth is also driven by increase in application of bio-banked samples. Biobanks focusing on plants, animals, and microbes are evolving rapidly. Different types of biobanks are gaining traction, such as disease-centric biobanks, population-based banks, DNA/RNA banks, genetic banks, tissue banks, blood banks, 

Some major companies in the global market report are 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.

To know more about Biobanking Market report, visit @  https://www.emergenresearch.com/industry-report/biobanking-market

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.

Covid 19 analysis:

the report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. . The pandemic has dynamically affected all aspects of life on a global scale along with drastic changes in the economy and market conditions. The report covers the currently fluctuating market scenario along with present and future assessment of the COVID-19 impact. The report encompasses the historical data, company overview, financial standing, and necessary information about the new and key players of the market.

Emergen Research has segmented the global biobanking market on the basis of product services, sample type, storage type, application, and region:

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

Equipment

Storage Equipment

Sample Transport Equipment

Sample Processing Equipment

Sample Analysis Equipment

Consumables

Collection Consumables

Storage Consumables

Processing Consumables

Analysis Consumables

Services

Supply Services

Processing Services

Storage Services

Transport Services

Software

Sample Type Outlook (Revenue, USD Billion; 2018–2030)

Biological Fluids

Human Tissues

Blood Products

Nucleic Acids

Human Waste Products

Cell Lines

Key geographical areas:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East Africa

Reasons to Buy this Report?

• To understand the impact of current market trends and market forecast to drive strategies in the appropriate direction
• To identify potential expansion, investment, and contract opportunities
• To determine important growth drivers, patterns, and other factors in regional and international markets
• To analyze the statistical data for the market based on product, application, and end user
• To compete with key market players by getting insights into their operations, projects, and operations
• To understand the current consumer demand for Biobanking Market
• To gain insights into sales forecasts for the market
• To understand the impact of COVID-19 pandemic on the Biobanking Market

Questions addressed in the report:

• What is the estimated market growth rate throughout the forecast period?
• Which end-use industry is expected to witness the highest demand for Biobanking Market in the near future?
• What is the regulatory framework governing the application of Biobanking Market in the food industry?
• Which manufacturing processes are utilized for the production of Biobanking Market ?

The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry. It also covers strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches, and brand promotions, among others. The report aims to offer the readers a holistic understanding of the relevant features of the industry.

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About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy.