Biobanking Market Set for Rapid Growth and Trend by 2021-2026 | Covid-19 Analysis

Biobanking Market to Exhibit 8.9% CAGR till 2026; Increasing Prevalence of Chronic Diseases to Spur Demand, says Fortune Business Insights™

The global “Biobanking Market Size” is set to gain traction from the rising integration of innovative technologies in the pre-existing systems. Besides, the introduction to virtual biobanking is set to revolutionize the system by enabling researchers to conduct their studies smoothly, as well as by lowering the time constraints. This information is published by Fortune Business Insights™ in a recent study, titled, “Biobanking Market Size, Share Industry Analysis, By Sample Storage (Blood, Cells Tissue, and Others), By Application (Regenerative Medicines, Life Sciences, and Others), By Settings (Academic Medical Institutes, and Pharmaceutical Biotechnology Companies), and Regional Forecast, 2019-2026.”

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The study further mentions that the biobanking market size was USD 25.09 billion in 2018 and is projected to reach USD 49.46 billion by 2026, exhibiting a CAGR of 8.9% during the forecast period.

The report covers:

  • Global Biobanking Market trends, with detailed analysis on consumer trends manufacturer trends.
  • Overview on supply analysis covering trends across raw material suppliers, technology providers and distributors.
  • Key areas of investments identifying market opportunities and challenges in forecast timeframe.
  • Competitive analysis of the industry players along with the overview on strategic management.
  • Comprehensive company profiles of the major industry players.

An Overview of the Impact of COVID-19 on this Market:

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/biobanking-market-102073

Leading Players operating in the Biobanking Market are:

Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:

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

High Demand for Samples from Pharmaceutical Industry to Augment Blood Segment

In terms of sample storage, the market is segregated into cells and tissue, blood, and others. Out of these, the blood segment acquired 79.5% biobanking market share in 2018 and is set to lead throughout the forecast period. This is attributable to the rising distribution, storage, and collection of blood samples backed by the increasing cases of infectious diseases. It is further creating high demand for curative measures. As blood samples contain RNA and DNA, they are considered to be a vital biospecimen and hence, are utilized in conducting several research activities. These are especially demanded by the academic medical institutions, as well as many pharmaceutical companies.

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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.

Detailed Table of Content:

  • Introduction
    • Others Scope
    • Market Segmentation
    • Others Methodology
    • Definitions and Assumptions
  • Executive Summary
  • Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
  • Key Insights
    • Overview: Trends in Biobanking Market
    • Prevalence of Key Diseases - By Key Countries
    • Overview: Number of Biobanks – By Key Countries
    • Key Industry Developments - Mergers, Acquisitions, and Partnerships
  • Global Biobanking Market Analysis, Insights and Forecast, 2015-2026
    • Key Findings / Summary
    • Market Analysis, Insights and Forecast – By Sample Storage
      • Blood
      • Cells Tissues
      • Others
    • Market Analysis, Insights and Forecast – By Application
      • Regenerative Medicines
      • Life Science
      • Others
    • Market Analysis, Insights and Forecast – By Settings
      • Academic Medical Institutions
      • Pharmaceutical Biotechnology Companies
    • Market Analysis, Insights and Forecast – By Geography
      • North America
      • Europe
      • Asia Pacific
      • Latin America
      • Middle East Africa
    • North America Biobanking Market Analysis, Insights and Forecast, 2015-2026
      • Key Findings / Summary
      • Market Analysis, Insights and Forecast – By Sample Storage
        • Blood
        • Cells Tissues
        • Others
      • Market Analysis, Insights and Forecast – By Application
        • Regenerative Medicines
        • Life Science
        • Others
      • Market Analysis, Insights and Forecast – By Settings
        • Academic Medical Institutions
        • Pharmaceutical Biotechnology Companies
      • Market Analysis, Insights and Forecast – By Country
        • U.S.
        • Canada

Continue….

Quick Buy - Biobanking Market Research Report:

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Report Focus:

  • Extensive product offerings
  • Customer research services
  • Robust research methodology
  • Comprehensive reports
  • Latest technological developments
  • Value chain analysis
  • Potential Biobanking Market opportunities
  • Growth dynamics
  • Quality assurance
  • Post-sales support
  • Regular report updates

Reasons to Purchase this Report:

  • Comprehensive analysis of the Biobanking Market growth drivers, obstacles, opportunities, and other related challenges.
  • Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
  • Identifies market restraints and boosters.
  • Identifies all the possible segments present in the market to aid organizations in strategic business planning.

Have Any Query? Ask Our Experts:https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/biobanking-market-102073

Secondary Data Sources That We Refer To:

  • Annual reports, investor presentation, SEC filings, and press releases of companies operating in the market
  • Studies published by relevant associations MedTech Europe; American College of Radiology; Cancer Council Australia; Japan Hospital Association, etc.), government sources (Centers for Disease Control Prevention, Ministry of Health, Labour Welfare, Japan; National Health Service, England, etc.), international organizations (World Health Organization, The Organization for Economic Co-operation and Development, Eurostat, etc.), and articles published by Research Gate, NCBI, etc.
  • Website, reports, and press releases of end user facilities – Hospitals, Ambulatory Surgery Centres, Clinics
  • Industry journals and paid databases

Secondary Research Is Conducted To Derive The Following Information:

  • Details such as revenues, market share, strategies, growth rate, product their pricing by region/country for all major companies
  • Details in relation to prevalence, incidence, patient numbers, distribution of patients, average price of treatment, etc.
  • Number of end user facilities by region/country and average annual spending or procurement of devices by type of end user facility
  • Number of procedures and average price of procedures
  • Replacement rate and pricing of capital equipment
  • Market dynamics in relation to the market under focus – Drivers, restraints, trends, and opportunities
  • Market technological trends, new product developments, product pipeline.

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

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