The global biobanking market, starting at USD 25.09 billion in 2018, is projected to attain USD 83.55 billion by 2032, with a CAGR of 9.0% during the forecast period.

In a recent study, Fortune Business Insights presents the nitty-gritty of the global Biobanking Market considering 2024 – 2032 as the stipulated timeframe. The business report highlights the drivers, restraints, opportunities and trends affecting market growth. Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume.

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The Biobanking Market study outlines the key regions of North America, Latin America, Europe, East Asia, Japan along with the countries contributing the most in the respective regions. The report presents detailed insights about each market player, including SWOT analysis, main market information, market share, revenue, pricing and gross margin. Prominent players covered in this research are

  • Medizinische Universität Graz
  • UK Biobank
  • Shanghai Zhangjiang Biobank
  • Isenet Biobanking
  • Hamilton Company
  • Thermo Fisher Scientific Inc.
  • ProMedDx
  • IBBL
  • Brooks Life Sciences
  • ASKION
  • Others

Market Dynamics

Emergence of Cord Blood Stem Cell Biobanking to Accelerate Growth

Nowadays, cord blood is considered to be an important source of stem cells that is often processed and conserved for medical research. In the field of biobanking, the conservation of cord blood is gaining more popularity. Also, the upsurging trend of cord blood stem cell biobanking is set to affect the biobanking market growth positively during the forthcoming years. Sweden’s Lund University, for instance, unveiled the world’s largest stem cell biobanking that would aid researchers in understanding the origin and cause of diseases, such as Parkinson’s and Alzheimer’s. Apart from that, the rising incidence of chronic diseases across the globe would contribute to the market growth.

The insights for each vendor consist of:

  • Company profile
  • SWOT analysis
  • Main market information
  • Market share
  • Revenue, pricing and gross margin

Crucial insights in the Biobanking Market research:

  1. Underlying macro- and microeconomic factors impacting the growth of the Biobanking Market.
  2. Basic overview of Biobanking Market, including market definition, classification, and applications.
  3. Scrutinization of each Biobanking Market player based on mergers & acquisitions, R&D projects, and product launches.
  4. Adoption trend of Biobanking Market across various industries.
  5. Important regions and countries offering lucrative opportunities to Biobanking Market stakeholders.

Segmentation Analysis:

By Sample Storage

  • Blood
  • Cells & Tissues
  • Others

By Application

  • Regenerative Medicines
  • Life Science
  • Others

By Settings

  • Academic Medical Institutions
  • Pharmaceutical & Biotechnological Companies

Important regions covered in the Biobanking Market report include:

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

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