Human Biobanking Applications Global Trends, Estimates And Forecasts, 2014-2020 - Market Analysis

Human Biobanking Applications Global Trends, Estimates And Forecasts, 2014-2020 - Market Analysis

HUMAN BIOBANKING APPLICATION – INDUSTRY SNAPSHOT
Estimates are based on online surveys using customized questionnaires by our research team. Besides information from government databases, company websites, press releases & published research reports are also used for estimates.

HUMAN BIOBANKING - GLOBAL
Global market for Human Biobanking Application is projected to reach US$37.1 billion by 2020 from an estimate of US$22.3 billion in 2014, recording a CAGR of 8.82% during the analysis period 2014-2020. The North American market for Human Biobanking Application forecasts to reach about US$11.7 billion to represent the largest market with a share of 31.6% by 2020, growing at a CAGR of 8.7% during the period 2014-2020. Europe represents the second largest market to forecasts the value of US$10.7 billion by 2020. Asia-Pacific is the fastest growing region with a CAGR of 10.1% driving a market value of US$9.9 billion by 2020.

HUMAN BIOBANKING - BY APPLICATION TYPE
Stem Cells is the largest market to forecasts US$9.7 billion and with a share of 26.1% by 2020, growing at a highest CAGR of 12.1% during the period 2014-2020. Advanced Application and Blood and Blood Products are expected to reach a market value of US$8.2 billion and US$5.3 billion by 2020. Organs and Pharmaceuticals are forecasts to reach US$4.2 billion (CAGR% - 7%) and US$3.4 billion (CAGR% - 9.3%) market value by 2020. Research is observed to go around US$4.5 billion market by 2020.

ADVANCED APPLICATION - BY TYPE
Global market for Advanced Application is projected to reach US$8.2 billion by 2020, recording a CAGR of 9.6% during the analysis period 2014-2020. Biomarkers is the largest market to forecasts US$3 billion with a largest share of 36.9% by 2020, growing at a highest CAGR of 9.8% during the period 2014-2020. Drug Discovery observed as the second fastest growing market in Human Biobanking Advanced Application with a CAGR% of 9.7%, during the analysis period. Genomics and Forensics in Human Biobanking market is projected to attain a value of US$1.7 billion and US$1.4 billion by 2020, growing at a CAGR of 9.5% and 9.2% respectively.