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Biobanks Market 2019 Significant Growth Rate by Industry Size, Share, Market Dynamics, Development Status of Key Players Forecast to 2024

Biobanks

The “Biobanks Market” 2019 report provides market size (value and volume), market share, growth rate by types, applications, and combines both qualitative and quantitative methods to make micro and macro forecasts in different regions or countries. Biobanks Market report also aims to provide useful and comprehensive insights into current market trends and future growth scenarios. Biobanks market report contains information like SWOT analysis, business highlights, strength, weakness, threats and opportunities of industry.

Top Manufacturers of Biobanks Market Are:

  • Atlanta Biologicals Inc.
  • Becton, Dickinson and Company
  • BioLifeSolutions Inc.
  • Chart Industries Inc.
  • Hamilton Company
  • Qiagen NV
  • Sigma
  • Aldrich Inc. (Merck KGaA)
  • STEMCELL Technologies Inc.
  • Thermo Fisher Scientific Inc.
  • VWR International LLC

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    Market Overview:

  • The major factors for the growth of the global biobanks market include the innovations in regenerative medicine, the growing incidence of chronic diseases, advances in drug discovery and development, and R&D funding and investments by government and non-governmental organizations. These factors are expected to a boost the growth of the market over the forecast period.
  • Regenerative medicine through stem cell technology is one of the important treatments for diseases, such as Alzheimer’s, diabetes, cancers, and rare genetic diseases. In order to benefit from the existing therapies, umbilical cord cells and other stem cells are preserved.
  • Stem cell practices are on the rise, globally, and are contributing to the development of new solutions for various diseases. Boston-based biotech start-up, Orig3n, is looking to build the largest and most diverse biobank, harnessing the power of induced pluripotent stem cell technology to accelerate regenerative medicine. Treatments for diseases, like muscular degeneration, using adult stem cells are now going into Phase 3 clinical trials in Japan. These successes are driving both the government and the private sector organizations into investing in more stem cell banks.
  • With the increase in awareness about stem cell therapies, there have been larger number of parents who are choosing umbilical cord banks for their children. There are a number of donor banks that are coming up as well. Biobanks not only aid in the therapies for genetic diseases, but also in medical research on rare genetic disorders. Increasing awareness about stem cell therapies and innovation in the field of regenerative medicine are driving the growth of the global biobank market.

    Scope of the Report:

  • As per the , biobank is a biorepository, where various biomaterials (usually human specimens) are stored for research purpose. This study targets gaining a detailed overview of the market dynamics of the contemporary biobank market during the forecast period. It focuses on the need to develop strategic insights into the global and country-level markets, taking into consideration the demand for services and equipment in biobanks. The growth of this market is largely fueled by the increasing applications, increasing investments in R&D, technological advancements, and growing demand in the developing countries (China and India) of Asia-Pacific.

    Biobanks Market Report Answers the Following Questions:

    • What will the market size and the growth rate be in 2024?
    • What are the key factors driving the global Biobanks market?
    • What are the key market trends impacting the growth of the global Biobanks market?
    • What are the challenges to market growth?
    • Who are the key vendors in the global Biobanks market?
    • What are the market opportunities and threats faced by the vendors in the global Biobanks market?
    • Trending factors influencing the market shares of the relevant regions.
    • What are the key outcomes of the five forces analysis of the global Biobanks market?

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    Key Market Trends:

    Cryogenic Storage Segment by Equipment is Expected to Account for the Largest Market Share During the Forecast Period

    In biobanks, the cryogenic storage systems are basically used to store different life sciences materials at a very low temperature. The low temperature storage increases the longevity of the cells, while at the same time reducing the intensity of freezing damage. Various cryogenic storage devices are available that have been designed to allow storage of both liquid and vapor phase materials. The temperature in the cryogenic storage system is required to be maintained continuously. Currently, all demand is for automated cryogenic storage devices. This segment is further divided into refrigerators, ice machines, and freezers. With advanced storage and automated devices propelling the growth of the market, steady growth in the North American and European markets is expected.

    North America Accounted for the Largest Share in the Global Market

    North America is holds a major share in the global biobanks market, and it is expected to show a similar trend over the forecast period, without significant fluctuations. The United States has the largest expenditure for R&D and better healthcare infrastructure in the world. Different pharmaceutical/ biotech companies, academia, and research institutes are utilizing biobanks for the storage of DNA, RNA, tissue, serum, blood, plasma, cells, etc. According to the Hastings Center, a non-profit organization, 300 million biospecimens have been stored in the United States in various public and private biobanks. The market is in demand for the most advanced automated systems, and there is also a high adoption rate for new technology.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    The report provides key statistics on the market status of the Biobanks Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Biobanks.

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    Report Objectives:

    • Analyzing the size of the Biobanks market on the basis of value and volume.
    • Accurately calculating the market segments, consumption, and other dynamic factors of different sections of the global Biobanks market.
    • Determining the key dynamics of the Biobanks market.
    • Highlighting significant trends of the Biobanks market in terms of manufacture, revenue, and sales.
    • Deeply summarizing top players of the Biobanks market and showing how they compete in the industry.
    • Studying industry processes and costs, product pricing, and various trends related to them.
    • Displaying the performance of different regions and countries in the global Biobanks market.

    Detailed TOC of Biobanks Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Innovations in Regenerative Medicine
    4.2.2 Growing Incidences of Chronic Diseases
    4.2.3 Advances in Drug Discovery and Development
    4.2.4 R&D Funding and Investments by Government and Non-governmental Organizations
    4.3 Market Restraints
    4.3.1 Regulatory Issues
    4.3.2 Cost Constraints
    4.4 Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 Equipment
    5.1.1 Cryogenic Storage Systems
    5.1.1.1 Refrigerators
    5.1.1.2 Ice Machines
    5.1.1.3 Freezers
    5.1.2 Alarm Monitoring Systems
    5.1.3 Other Equipment
    5.2 Media
    5.2.1 Optimized Media
    5.2.2 Non-optimized Media
    5.3 Services
    5.3.1 Human Tissue Biobanking
    5.3.2 Stem Cell Biobanking
    5.3.3 Cord Banking
    5.3.4 DNA/RNA Biobanking
    5.3.5 Other Services
    5.4 Application
    5.4.1 Regenerative Medicine
    5.4.2 Drug Discovery
    5.4.3 Disease Research
    5.5 Geography
    5.5.1 North America
    5.5.1.1 United States
    5.5.1.2 Canada
    5.5.1.3 Mexico
    5.5.2 Europe
    5.5.2.1 Germany
    5.5.2.2 United Kingdom
    5.5.2.3 France
    5.5.2.4 Italy
    5.5.2.5 Spain
    5.5.2.6 Rest of Europe
    5.5.3 Asia-Pacific
    5.5.3.1 China
    5.5.3.2 Japan
    5.5.3.3 India
    5.5.3.4 Australia
    5.5.3.5 South Korea
    5.5.3.6 Rest of Asia-Pacific
    5.5.4 Middle East & Africa
    5.5.4.1 GCC
    5.5.4.2 South Africa
    5.5.4.3 Rest of Middle East & Africa
    5.5.5 South America
    5.5.5.1 Brazil
    5.5.5.2 Argentina
    5.5.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Atlanta Biologicals Inc.
    6.1.2 Becton, Dickinson and Company
    6.1.3 BioLifeSolutions Inc.
    6.1.4 Chart Industries Inc.
    6.1.5 Hamilton Company
    6.1.6 Qiagen NV
    6.1.7 Sigma-Aldrich Inc. (Merck KGaA)
    6.1.8 STEMCELL Technologies Inc.
    6.1.9 Thermo Fisher Scientific Inc.
    6.1.10 VWR International LLC

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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