Biobank Market by product type, and end-user - Global Industry Insights, Size, Share, Trends, 2025

BIOBANK MARKET
Global Industry Insights, Trends, Outlook, and
Opportunity Analysis, 2017-2025
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REPORT DESCRIPTION
Biobank MarketOverview
Biobank is a type of repository which collects and store biological samples for biomedical
research. The human biological materials include blood, purified DNA, saliva, serum, and other
specimens. Preservation of cells and tissues samples is done by cryopreservation at -1960C or
using chemicals. The biobanks keep a health related records of genetic information, lifestyle,
and family history. Biobank help researchers to detect human diseases and their unspecified
causes by conducting various tests on the samples. Biobanks are largely used to access variety of
data representing a large number of people for providing personalized medications, minimizing
drug reactions, stem cell research, updating age demographic databases. The bio-repositories
play a fundamental role in research and development, which is associated with drug
development and discovery. Biobanks also provide inevitable assistance in gaining prospective
to orphan diseases associated with genome wide studies via single nucleotide polymorphism
(SNP).
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Development of personalized medicine to develop effective therapies drives the global
biobank market
Poor productivity rate of the pharmaceutical industry with 90% failure of proposed drugs during
clinical trials, the adherence of human tissue samples, and stem cells to execute pre-clinical
trials for reducing high cost associated drug failures are the factors expected to drive the growth
of biobank market.
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REPORT DESCRIPTION
Establishment of drug efficacy contributes to the dominance of target tissue segment
The global biobank market is segmented on the basis of bio preservation media types, products, analysis, applications,
end user and geography.
On the basis of bio preservation media types, the global biobank market is segmented into:
• Optimized Pre-Formulated Media
• Non-Optimized Isotonic Formulation Media
On the basis of products, the global biobank market is segmented into:
• Consumables
• Equipment
• Refrigerators and Ice Machines
• Liquid Nitrogen Supply Tanks
• Cryogenic Storage Systems
On the basis of analysis, the global biobank market is segmented into:
• Human tissue and tumor cells
• Bio-fluids
• Stem cells
• Umbilical cord
• DNA/RNA
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REPORT DESCRIPTION
Increasing funds from National Institute of Health, USA is expected to dominate North
America in the global biobank market
Regional segmentation of the global biobank market by Coherent Market Insights comprises
North America, Latin America, Europe, and Asia-Pacific. According to the research conducted by
BioMed Central, United States, stored 270 million specimens in biobanks in 2008, with the rate
of new samples collected being 20 million every year. North America is expected to dominate
the global biobank market with the increasing funds from healthcare organizations like National
Institute of Health (NIH) and National Cancer Institute, which facilitate biobanks across the U.S.
Additionally, the rising interest in biotechology has facilitated collaborations of biobanks which is
expected to augment the global biobank market in the forecast period. Asia-Pacific is expected
to have an opportunistic biobank market owing to the rise in diseases, government initiative to
finance the cell-based therapies, substantial investment by pharmaceutical, high number of
biotechnology companies, and public awareness.
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Key players operating the global biobank market includes Thermo Fisher Scientific Inc., BioLife
Solutions, Inc., Beckman Coulter, Inc., Panasonic Biomedical Sales and Tecan AG. New product
launches, increasing collaborations, mergers and acquisitions and partnerships among the market
players are some of the strategies observed in global biobanks market. Biomatrica, IntegenX,
radiofrequency identification, and micro electromechanical systems are the innovative reagents and
products launched for the storage and stabilization of DNA and RNA at room temperature.
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Biobank is a type of repository which collects and store biological samples for biomedical research. The human biological materials include blood, purified DNA, saliva, serum, and other specimens. Preservation of cells and tissues samples is done by cryopreservation at -1960C or using chemicals. The biobanks keep a health related records of genetic information, lifestyle, and family history. Biobank help researchers to detect human diseases and their unspecified causes by conducting various tests on the samples. Biobanks are largely used to access variety of data representing a large number of people for providing personalized medications, minimizing drug reactions, stem cell research, updating age demographic databases. The bio-repositories play a fundamental role in research and development, which is associated with drug development and discovery. Biobanks also provide inevitable assistance in gaining prospective to orphan diseases associated with genome wide studies via single nucleotide polymorphism (SNP). Request to download and view Sample Report: https://www.coherentmarketinsights.com/insight/request-sample/896