Biobanking Market Is Projected To Grow Vibrantly In The Upcoming Years 2020-2025 (Impact of COVID-19) – Cole of Duty

The global Biobanking Market was valued at USD 1.54 billion in 2016 and is projected to reach USD 2.88billion by 2025, growing at a CAGR of 7.2% from 2017 to 2025.

A biobank is a type of biorepository that stores biological samples (usually human) for use in research. The market for Biobanks has seen a rise in the market values because of increasing awareness amongst young parents regarding storage of stem cells for regenerative purposes. Also, the increased funds of govt. in research and development of Genetically Modified Products is also a key factor in driving the market positively.

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Sample Infographics:

Market Dynamics:1. Market Drivers1.1 More focus on Genetic disease treatment and Research activities1.2 Growing popularity of stem cell banking from placental cord of new born1.3 Demand of regenerative medicines1.4 Cost effective drug discovery researches and project2. Market Restraints2.1 High cost of technical Instruments2.2 Difficulty in procurement of Biological samples

Market Segmentation:1.Global Biobanking Market, by Sample Type:1.1 Blood Products1.2 Human Tissues1.3 Cell Lines1.4 Nucleic Acids1.5 Biological Fluids1.6 Human Waste Products

2. Global Biobanking Market, by Application:2.1 Regenerative Medicine2.2 Life Science Research2.3 Clinical Research

View Source Of Related Reports:

Biobanking MarketViral Inactivation MarketVirus Filtration MarketViral Clearance MarketVeterinary-Animal Vaccines MarketVaccine Adjuvants MarketTerahertz and Infrared Spectroscopy MarketTangential Flow Filtration MarketSterile Filtration MarketStem Cell Banking Market Stem Cell Assay Market

3. Global Biobanking Market, by Products and services:3.1 Equipment3.1.1 Storage3.1.2 Sample analysis3.1.3 Sample Processing3.1.4 Sample Transportation3.2 Consumables3.2.1 Storage3.2.2 Analysis3.2.3 Processing3.2.4 Collection3.3 Services3.3.1 Storage Services3.3.2 Processing Services3.3.3 Transport Services3.3.4 Supply Services3.4 Software

4. Global Biobanking Market, by Application:4.1 Manual4.2 Automated

5. Global Biobanking Market, by Region:5.1 North America (U.S., Canada, Mexico)5.2 Europe (Germany, UK, France, Rest of Europe)5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)5.4 Latin America (Brazil, Argentina, Rest of Latin America)5.5 Middle East & Africa

Competitive Landscape:The major players in the market are as follows:1. Thermo Fisher Scientific Inc.2. Panasonic Healthcare Holdings Co., Ltd.3. Becton, Dickinson and Company4. Qiagen N.V.5. Merck KGaA6. VWR Corporation7. Tecan Trading AG8. Brooks Automation, Inc.9. Chart Industries, Inc.10. Hamilton Company11. Greiner Holding AG12. Promega CorporationThese major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH:Research study on the Biobanking Marketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

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Biobanking Market Is Projected To Grow Vibrantly In The Upcoming Years 2020-2025 (Impact of COVID-19) - Cole of Duty