Product Code: OMR2023989
Global Biobanking Market Size, Share &Trends Analysis Report by Product Type (Equipment, Consumables, and Services &Software), By Sample Type (Blood Products, Human Tissues, Nucleic Acid, Cell Lines, Biological Fluid, and Human Waste Product), and by Applications (Clinical Research, and Regenerative Medicine) Forecast, 2021-2027
The biobanking market is anticipated to grow at a substantial CAGR of 6.7% during the forecast period. The market is set to display impressive growth during the forecast period with some key trends emerging, such as the need of tackling the increasing prevalence of cancers and chronic diseases driven by continuously evolving end-user expectations. The biobanking market is focused on the production and refurbishment of technologically advanced devices within time constraints by carrying out several types of research. It also depends on the level of inventory management practices of OEM and MRO clients. The growth in the R&D investments, government initiatives, and policies to reduce the prevalence of several diseases and the increase in awareness about stem cell therapies are some of the opportunities for the market players in the forecast period
Further, the high focus on automation and issues related to biospecimen sample procurement are the factors that are restraining the market growth during the forecast period. The global biobanking market suffered a growth in market share during the COVID-19 crisis as there was a huge rise in researches during Q1 and Q2 2020. The impact of SARS-COV-2 and COVID-19 on the global biobanking market is evolving to find new ways of controlling the global pandemic, other chronic diseases, and the rise in cancer patients
The global biobanking market is segmented based on product type, sample type, and segment. Based on product type segment, the market is segmented into equipment, consumables, and software and services. Among these, the equipment segment is expected to grow with the highest share due to the increase in the new biobanks among various geographies across the globe. Based on the sample type segment, the market is segmented into blood products, human tissues, nucleic acid, cell lines, biological fluid, and human waste products. Further, based on the application segment, the market is bifurcated into clinical research and regenerative medicine
Geographically market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. The Asia Pacific is the fastest-growing market for biobanking. Innovative manufacturing, which was once a stronghold of the US and a few European economies such as France, Italy, and Germany, is set to expand to emerging economies, with next-generation largescale manufacturing centers to be planned predominantly in the Asia-Pacific region. The establishment of research centers in the Asian economies of Japan, South Korea, Taiwan, and China, which involve the highest degree of clinical researches, is set to increase the demand for biobanking in the forecast period
Further, Becton, Dickinson and Co., Thermo Fisher Scientific Inc., AstraZeneca plc, Charles River Laboratories, Inc., Boehringer Ingelheim Pharma GmbH &Co. KG, Bristol-Myers Squibb Co., and F. Hoffmann-La Roche Ltd, among others are the key players in the market, To remain competitive in the market, the players are adopting different strategies such as new product launches and approvals, mergers and acquisitions, partnerships and collaborations, and many others. For instance, in February 2021, Charles River Laboratories, Inc. has announced the acquisition of Cognate BioServices, Inc., a leading cell and gene therapy contract development and manufacturing organization (CDMO), which has $875 million in cash, subject to customary closing adjustments
Research Methodology
The market study of the global biobanking market is incorporated by extensive primary and secondary research conducted by the research team at OMR Secondary research has been conducted to refine the available data to break down the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include
Financial reports of companies involved in the market
Whitepapers, research papers, and news blogs
Company websites and their product catalog
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
Global Biobanking Market Research and Analysis by Product Type
Global Biobanking Market Research and Analysis by Sample Type
Global Biobanking Market Research and Analysis by Application
The Report Covers
Comprehensive research methodology of the global biobanking market
This report also includes a detailed and extensive market overview with key analyst insights
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations
Analysis of regional regulations and other government policies impacting the global biobanking market
Insights about market determinants that are stimulating the global biobanking market
Detailed and extensive market segments with the regional distribution of forecasted revenues
Extensive profiles and recent developments of market players
Table of Contents
1. Report Summary
- Current Industry Analysis and Growth Potential Outlook
- Impact of COVID-19 on the Bio-Banking Market
- Recovery Scenario of Bio-Banking Market Industry
- 1.1. Research Methods and Tools
- 1.2. Market Breakdown
- 1.2.1. By Segments
- 1.2.2. By Geography
2. Market Overview and Insights
- 2.1. Scope of the Report
- 2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Findings
- 2.2.2. Recommendations
- 2.2.3. Conclusion
3. Competitive Landscape
- 3.1. Key Company Analysis
- 3.1.1. Overview
- 3.1.2. Financial Analysis
- 3.1.3. SWOT Analysis
- 3.1.4. Recent Developments
- 3.2. Key Strategy Analysis
- 3.3. Impact of COVID-19 on Key Players
4. Market Determinants
- 4.1. Motivators
- 4.2. Restraints
- 4.3. Opportunities
5. Market Segmentation
- 5.1. Global Bio-Banking Market by Product Type
- 5.1.1. Equipment
- 5.1.2. Consumables
- 5.1.3. Services&Software
- 5.2. Global Bio-banking Market by Sample Type
- 5.2.1. Blood Products
- 5.2.2. Human Tissues
- 5.2.3. Nucleic Acid
- 5.2.4. Cell Lines
- 5.2.5. Biological Fluid
- 5.2.6. Human Waste Product
- 5.3. Global Bio-banking Market by Application
- 5.3.1. Clinical Research
- 5.3.2. Regenerative Medicine
6. Regional Analysis
- 6.1. North America
- 6.1.1. United States
- 6.1.2. Canada
- 6.2. Europe
- 6.2.1. UK
- 6.2.2. Germany
- 6.2.3. Italy
- 6.2.4. Spain
- 6.2.5. France
- 6.2.6. Rest of Europe
- 6.3. Asia-Pacific
- 6.3.1. China
- 6.3.2. India
- 6.3.3. Japan
- 6.3.4. South Korea
- 6.3.5. Rest of Asia-Pacific
- 6.4. Rest of the World
7. Company Profiles
- 7.1. Abbott Laboratories
- 7.2. AstraZeneca PLC
- 7.3. Becton, Dickinson and Co.
- 7.4. BioChain Institute Inc.
- 7.5. Biokryo GmbH
- 7.6. Boehringer Ingelheim Pharma GmbH & Co. KG
- 7.7. Bristol-Myers Squibb Co.
- 7.8. Cell&Co.
- 7.9. Charles River Laboratories International, Inc.
- 7.10. Danaher Corp.
- 7.11. F. Hoffmann-La Roche Ltd.
- 7.12. Hamilton Co.
- 7.13. Lonza Group
- 7.14. LVL Technologies GmbH & Co. KG
- 7.15. Merck KGaA and Co.
- 7.16. Micronic Europe BV
- 7.17. Modul-Bio
- 7.18. Pfizer Inc.
- 7.19. PromoCell GmbH
- 7.20. QIAGEN GmbH
- 7.21. Tecan Trading AG
- 7.22. Thermo Fisher Scientific Inc.
- 7.23. Ziath Ltd.
LIST OF TABLES
1. GLOBAL BIOBANKING MARKET RESEARCH AND ANALYSIS, 2020-2027 ($ MILLIONS)
2. GLOBAL BIOBANKING MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2020-2027 ($ MILLIONS)
3. GLOBAL BIOBANKING MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2020-2027 ($ MILLIONS)
4. GLOBAL EQUIPMENT FOR BIOBANKING MARKET RESEARCH AND ANALYSIS 2020-2027 ($ MILLIONS)
5. GLOBAL CONSUMABLES FOR BIOBANKING MARKET RESEARCH AND ANALYSIS 2020-2027 ($ MILLIONS)
6. GLOBAL SOFTWARE & SERVICES FOR BIOBANKINGMARKET RESEARCH AND ANALYSIS 2020-2027 ($ MILLIONS)
7. GLOBAL BIOBANKING MARKET RESEARCH AND ANALYSIS BY SAMPLE TYPE, 2020-2027 ($ MILLIONS)
8. GLOBAL BLOOD PRODUCTS IN BIOBANKING MARKET RESEARCH AND ANALYSIS 2020-2027 ($ MILLIONS)
9. GLOBAL HUMAN TISSUES IN BIOBANKING MARKET RESEARCH AND ANALYSIS 2020-2027, ($ MILLIONS)
10. GLOBAL NUCLEIC ACID IN BIOBANKING MARKET RESEARCH AND ANALYSIS 2020-2027, ($ MILLIONS)
11. GLOBAL CELL LINES IN BIOBANKING MARKET RESEARCH AND ANALYSIS 2020-2027, ($ MILLIONS)
12. GLOBAL BIOLOGICAL FLUID IN BIOBANKING MARKET RESEARCH AND ANALYSIS 2020-2027, ($ MILLIONS)
13. GLOBAL HUMAN WASTE PRODUCT IN BIOBANKING MARKET RESEARCH AND ANALYSIS 2020-2027 ($ MILLIONS)
14. GLOBAL BIOBANKING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLIONS)
15. GLOBAL BIOBANKING IN CLINICAL RESEARCH MARKET RESEARCH AND ANALYSIS 2020-2027 ($ MILLIONS)
16. GLOBAL BIOBANKING IN REGENERATIVE MEDICINE MARKET RESEARCH AND ANALYSIS 2020-2027 ($ MILLIONS)
17. NORTH AMERICAN BIOBANKING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLIONS)
18. NORTH AMERICAN BIOBANKING MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2020-2027 ($ MILLIONS)
19. NORTH AMERICAN BIOBANKING MARKET RESEARCH AND ANALYSIS BY SAMPLE TYPE, 2020-2027 ($ MILLIONS)
20. NORTH AMERICAN BIOBANKING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLIONS)
21. EUROPEAN BIOBANKING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLIONS)
22. EUROPEAN BIOBANKING MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2020-2027 ($ MILLIONS)
23. EUROPEAN BIOBANKING MARKET RESEARCH AND ANALYSIS BY SAMPLE TYPE, 2020-2027 ($ MILLIONS)
24. EUROPEAN BIOBANKING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLIONS)
25. ASIA-PACIFIC BIOBANKING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLIONS)
26. ASIA-PACIFIC BIOBANKING MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2020-2027 ($ MILLIONS)
27. ASIA-PACIFIC BIOBANKING MARKET RESEARCH AND ANALYSIS BY SAMPLE TYPE, 2020-2027 ($ MILLIONS)
28. ASIA-PACIFIC BIOBANKING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLIONS)
29. REST OF THE WORLD BIOBANKING MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2020-2027 ($ MILLIONS)
30. REST OF THE WORLD BIOBANKING MARKET RESEARCH AND ANALYSIS BY SAMPLE TYPE, 2020-2027 ($ MILLIONS)
31. REST OF THE WORLD BIOBANKING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLIONS)
LIST OF FIGURES
- 1. IMPACT OF COVID-19 ON GLOBAL BIOBANKING MARKET, 2020-2027 ($ MILLION)
- 2. IMPACT OF COVID-19 ON GLOBAL BIOBANKING MARKET BY SEGMENT, 2020-2027 ($ MILLION)
- 3. RECOVERY OF GLOBAL BIOBANKING MARKET, 2021-2027 (%)
- 4. GLOBAL BIOBANKING MARKET SHARE, BY PRODUCT TYPE, 2020 VS 2027 (%)
- 5. GLOBAL BIOBANKING MARKET SHARE, BY SAMPLE TYPE,2020 VS 2027 (%)
- 6. GLOBAL BIOBANKING MARKET SHARE, BY APPLICATION, 2020 VS 2027 (%)
- 7. GLOBAL EQUIPMENT FOR BIOBANKING MARKET SHARE BY REGION, 2020 VS 2027(%)
- 8. GLOBAL CONSUMABLES FOR BIOBANKING MARKET SHARE BY REGION, 2020 VS 2027(%)
- 9. GLOBAL SOFTWARE AND SERVICES FOR BIOBANKING MARKET SHARE BY REGION, 2020 VS 2027(%)
- 10. GLOBAL BLOOD PRODUCTS IN BIOBANKING MARKET SHARE BY REGION, 2020 VS 2027(%)
- 11. GLOBAL HUMAN TISSUES IN BIOBANKING MARKET SHARE BY REGION, 2020 VS 2027(%)
- 12. GLOBAL NUCLEIC ACID IN BIOBANKING MARKET SHARE BY REGION, 2020 VS 2027(%)
- 13. GLOBAL CELL LINES IN BIOBANKING MARKET SHARE BY REGION, 2020 VS 2027(%)
- 14. GLOBAL BIOLOGICAL FLUID IN BIOBANKING MARKET SHARE BY REGION, 2020 VS 2027(%)
- 15. GLOBAL HUMAN WASTE PRODUCT IN BIOBANKING MARKET SHARE BY REGION, 2020 VS 2027(%)
- 16. GLOBAL BIOBANKING IN CLINICAL RESEARCH MARKET SHARE BY REGION, 2020 VS 2027(%)
- 17. GLOBAL BIOBANKING IN REGENERATIVE MEDICINE MARKET SHARE BY REGION, 2020 VS 2027(%)
18. US BIOBANKING MARKET SIZE, 2020-2027 ($ MILLIONS)
19. CANADA BIOBANKING MARKET SIZE, 2020-2027 ($ MILLIONS)
20. UK BIOBANKING MARKET SIZE, 2020-2027 ($ MILLIONS)
21. FRANCE BIOBANKING MARKET SIZE, 2020-2027 ($ MILLIONS)
22. GERMANY BIOBANKING MARKET SIZE, 2020-2027 ($ MILLIONS)
23. ITALY BIOBANKING MARKET SIZE, 2020-2027 ($ MILLIONS)
24. SPAIN BIOBANKING MARKET SIZE, 2017 AND 2023, ($ MILLIONS)
25. ROE BIOBANKING MARKET SIZE, 2020-2027 ($ MILLIONS)
26. INDIA BIOBANKING MARKET SIZE, 2020-2027 ($ MILLIONS)
27. CHINA BIOBANKING MARKET SIZE, 2020-2027 ($ MILLIONS)
28. JAPAN BIOBANKING MARKET SIZE, 2020-2027 ($ MILLIONS)
29. SOUTH KOREA BIOBANKING MARKET SIZE, 2020-2027 ($ MILLIONS)
30. ROAPAC BIOBANKING MARKET SIZE, 2020-2027 ($ MILLIONS)
31. REST OF THE WORLD BIOBANKING MARKET SIZE, 2020-2027 ($ MILLIONS)