Global Biobanking for Medicine Market was valued US$ 1.86 Bn in 2019 and is expected to reach US$ XX Bn by 2026, at a XX% CAGR of around during a forecast period.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
The report analyzes factors affecting Biobanking for Medicine market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The major factors for the growth of the global biobanks for the medicine market include innovations in regenerative medicine, the rising incidence of chronic diseases, advances in drug discovery and development, and RD funding and investments by government and non-governmental organizations. These factors are likely to boost the growth of the market during the forecast period.
Increasing the demand for personalized medicine, genomics studies research of diseases, and rising trend of conversing cord blood stem cells of new-borns these factors act as drives to the biobanking for medicine market. Government Private sector funding to support research for cost-effective medicines.
Biobanking for the medicine market is segmented into product, sample type, application, and region. Based on the product, biobanking for the medicine market is classified into equipment, consumables, services, and software. Equipment holds the highest market due to increasing the number of biobanks and biospecimens.
North America holds the largest share of biobanking for the medicine market due to rising the number of biobanks, research of medicines, cells, and therapy. Some of the key factors prominent to the growth of the North American market are technological advancement in the field of preservation and collection technique, availability of federal funding for research, and ongoing approvals for regenerative medicines. North America followed by Europe, Asia Pacific, Latin America, and Middle East Africa.
The objective of the report is to present comprehensive analysis of Global Biobanking for Medicine Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers the all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.
The report also helps in understanding Global Biobanking for Medicine Market dynamics, structure by analyzing the market segments, and project the Global Biobanking for Medicine Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Biobanking for Medicine Market make the report investor’s guide.
Global Biobanking for Medicine Market, by Product
Global Biobanking for Medicine Market, by Sample Type
- Blood products
- Human tissues
- Cell lines
- Nucleic acids
Global Biobanking for Medicine Market, by Application
- Life science
- Clinical research
- Regeneration medicine
Global Biobanking for Medicine Market, by Region
- North America
- Asia Pacific
- Middle East Africa
- Latin America
Key Players in Global Biobanking for Medicine Market:
- Tecan Group Ltd.
- Thermo Fisher Scientific Inc.
- Qiagen N.V.
- Hamilton Company
- Brooks Automation
- TTP Labtech
- VWR Corporation
- Promega Corporation
- Worthington Industries
- Chart Industries
- Dickinson and Company
- Merck KGaA
- LVL Technologies GmbH Co. KG
- Panasonic Healthcare Holdings Co. Ltd
- Greiner Bio One
- Biokryo GmbH
- Biobank AS
- Biorep Technologies Inc.
- Cell Co Bioservices
- RUCDR inifinite biologics
- CSols Ltd
- AKH Biobank
- Allied Minds
- China Stems Cells
- CordLife, Cryo Save
- CORE Informatics
- LabVantage Solutions Inc.
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