Global Biobanking Market 2022-2028
Biobanking refers to the process by which samples of bodily fluid or tissue are collected for research use to improve our understanding of health and diseases. The global biobanking market size is projected to grow by USD 18.0 billion from 2022 to 2028, registering a CAGR of 4.5 percent, according to a new report by Gen Consulting Company.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global biobanking market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the biobanking industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the sample type, type, biobank format, ownership, application, and region. The global market for biobanking can be segmented by sample type: biofluids, DNA/RNA, stem cells, tissues, others. The biofluids segment captured the largest share of the market in 2021. Biobanking market is further segmented by type: partnership, standalone. The standalone segment held the largest share of the global biobanking market in 2021 and is anticipated to hold its share during the forecast period. Based on biobank format, the biobanking market is segmented into: diseased-oriented biobanks, population-based biobanks. In 2021, the diseased-oriented biobanks segment made up the largest share of revenue generated by the biobanking market. On the basis of ownership, the biobanking market also can be divided into: national & regional agencies, universities, non-profit organization, private organization. Among these, the national & regional agencies segment was accounted for the highest revenue generator in 2021. Biobanking market by application is categorized into: research, therapeutics. The biobanking market by region can be segmented into: Asia Pacific, Europe, North America, Rest of the World (RoW).
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