Global Biobanking Market Growth (Status and Outlook) 2023-2029

Global Biobanking Market Growth (Status and Outlook) 2023-2029

Biobank is a biorepository for the preservation and collection of biological material used for diagnosis, biodiversity studies, and research. Depending on the aims of research, different biobanks store different kinds of samples such as tissues, blood, serum, DNA, and RNA.

LPI (LP Information)' newest research report, the “Biobanking Industry Forecast” looks at past sales and reviews total world Biobanking sales in 2022, providing a comprehensive analysis by region and market sector of projected Biobanking sales for 2023 through 2029. With Biobanking sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Biobanking industry.

This Insight Report provides a comprehensive analysis of the global Biobanking landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Biobanking portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Biobanking market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Biobanking and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Biobanking.

The global Biobanking market size is projected to grow from US$ 2871.2 million in 2022 to US$ 4658.3 million in 2029; it is expected to grow at a CAGR of 7.2% from 2023 to 2029.

Global Biobanking key players include Thermo Fisher, Beckman Coulter, Panasonic, etc. Global top three manufacturers hold a share over 15%.

United States is the largest market, with a share over 40%, followed by China, and Europe, both have a share about 50 percent.

In terms of product, Consumable is the largest segment, with a share about 55%. And in terms of application, the largest application is Population Biobanks, followed by Tissue Biobanks, Virtual Biobanks, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Biobanking market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type

Equipment

Consumable

Segmentation by application

Virtual Biobanks

Tissue Biobanks

Population Biobanks

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Thermo Fisher

Beckman Coulter

Panasonic

SOL Group

Promega

Merck

Greiner Bio One

Chart Industries

Brooks Life Science

Tecan Group

QIAGEN

BD

Lifeline Scientific

Hamilton

So-Low

TTP Labtech Ltd

Biolife Solutions

DNA Genotek

Custom Biogenic Systems

LVL Technologies

BioRep

Please note: The report will take approximately 2 business days to prepare and deliver.