Biobanking Market New Investment Opportunities, Overview, & Forecast till 2030

1. Biobanking Market Size Worth USD 67.90 Billion in 2030 www.emergenresearch.com . 2 Rising focus on genetic testing and personalized medicine are key factors driving market revenue growth

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5. Market Summary The global Biobanking Market size is expected to reach USD 67.90 Billion in 2030 and register a revenue CAGR of 8.6% over the forecast period, according to latest analysis by Emergen Research. Increasing genomic research activities and investment in R&D by major companies is driving global biobanking market revenue growth. Surge in research activities of regenerative medicines, stem cell therapeutics, and cell and gene therapy is also driving revenue growth of the global market. Biobanking market revenue growth is also driven by increase in application of bio-banked samples. Biobanks focusing on plants, animals, and microbes are evolving rapidly. Different types of biobanks are gaining traction, such as disease-centric biobanks, population-based banks, DNA/RNA banks, genetic banks, tissue banks, blood banks, virtual biobanks, stem cell banks, microbiome banks, and others, which is driving market revenue growth. Biobanks enable access to large pool of high-quality samples and associated data. These are reliable hubs for storage and processing of samples from clinical trials and other sources. Biobanks help to achieve important conditions for achieving reproducible research results. Research with samples in biobank helps to provide new insights into genetic components of human disease and is creating an automated and personalized approach to healthcare. Rise in population and increase in health awareness missions and programs across the globe is contributing to market growth. One of the important aspects of biobanking is increased accuracy in pharmaceutical studies. Access to wide variety of data help researchers better understand diseases, treatment, and vaccines. www.emergenresearch.com

6. Market Summary Some Key Findings From the Report: Services segment is expected to register rapid revenue growth rate during the forecast period owing to rising demand for storage services. Increase in stem cell biobanking is gaining traction in recent years due to rising awareness regarding therapeutic benefits of stem cells and increased investment in stem cell-based research. Blood product segment registered a significantly robust revenue growth rate in 2020. Blood is among the most common biospecimens collected in human biobanks as it is a source of RNA and DNA. Blood is a widely used biospecimen as it carries the potential to search for biomarkers in various diseases, which make standardization and optimization of blood collection procedures of high importance. Among the application segments, the regenerative medicine segment accounted for significantly large revenue share in 2020. Increasing demand for qualitative bio samples and increasing research in regenerative medicine is driving revenue growth of this segment. Additionally, research programs designed to increase R&D in sustainable medicine is expected to continue to support revenue growth of this segment. Request Free Sample : https://www.emergenresearch.com/request-sample/926 www.emergenresearch.com

7. Market Summary • Sample Type Outlook (Revenue, USD Billion; 2018–2030) • Biological Fluids • Human Tissues • Blood Products • Nucleic Acids • Human Waste Products • Cell Lines • Storage Type Outlook (Revenue, USD Billion; 2018–2030) • Automated Storage • Manual Storage • Application Outlook (Revenue, USD Billion; 2018–2030) • Regenerative Medicine • Life Science Research • Clinical Research • Read More @ https://www.emergenresearch.com/industry-report/biobanking-market

8. Market Summary • Key Objectives of the Report: • Analysis and estimation of the Biobankingmarket size and share for the projected period of 2020-2027 • Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape • Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Biobankingmarket • Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments • Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities • Read more : https://www.emergenresearch.com/industry-report/biobanking-market

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