Human Biobanking Equipment - Global Trends, Estimates and Forecasts, 2014-2020 - Market Analysis
HUMAN BIOBANKING EQUIPMENT – 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 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 forecasts 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.
BY SEGMENTS
Human Biobanking Equipment market observed as the largest segment to forecasts US$35.2 billion, with a share of 94.7% by 2020, growing at a CAGR of 8.8%. Human Biobanking Media also observed as the growing market with a CAGR% of 8.3%, during the analysis period.
HUMAN BIOBANKING - BY EQUIPMENT TYPE
Global market for Human Biobanking Equipment is projected to reach US$35.2 billion by 2020, recording a CAGR of 8.8% during the analysis period 2014-2020.
Bio-Freezers is the largest market to forecasts US$14.2 billion, with a largest share of 40.3% by 2020, growing at a CAGR of 8.2%. Reagents & Consumables observed as the fastest growing market with a CAGR% of 11%, during the analysis period. Bio-Refrigerators and Laboratory Information Management Systems (LIMS) market forecasts to attain a value of US$8.1 billion and US$7.3 billion by 2020, growing at a CAGR of 7.6% and 9.8% respectively.
BIO-FREEZERS - BY TYPE
Cryopreservation Freezers is the largest market to forecasts US$6.3 billion, with a largest share of 44.3% by 2020, growing at a CAGR of 8.7%, as a fastest growing segment. Auto-Cascade Mechanical observed as the second fastest growing market with a CAGR% of 8.4%, by 2020 with a value of US$4.5 billion. Dry Freezers market was US$1.3 billion in 2014 and forecasts to attain a value of US$2.1 billion by 2020, growing at a CAGR of 8.2%.
BIO-REFRIGERATORS - BY TYPE
Blood Bank Refrigerators is the largest market to forecasts US$3.9 billion, with a largest share of 48.5% by 2020, growing at a CAGR of 8.3% during the period 2014-2020. Pharmacy Refrigerators observed as the growing market with a CAGR% of 7.2%, to attain a value of US$3 billion by 2020.
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