The global biobanking market is projected to reach USD 1,801.7 million by 2025, growing at a CAGR of 5.7%. The report covers a detailed analysis and study of the global Biobanking market for the estimated forecast period. It covers the details of the segments which are being used for the growth of the market. Moreover, increasing focus on analysis has led the users to have an insight on the growth of market. The report covers and focuses on a systematic approach which covers the different strategies which are being covered in the overall market.
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In addition, it also covers the strategies along the major shareholders and stakeholders which is likely to have an impact on the overall market for the estimated forecast period. The report covers detailed analysis of the market for the estimated forecast period. Several strategies are being analyzed for the estimation for the growth of the market. Moreover, increased need for the determination of the strategies of the competitors is covered in the report for the global Biobanking market. The report analyses and estimates the factors such as the organic and inorganic strategies which are being adopted by the companies to lead to have an impact on the market. Several views of manufacturers, end users and industry experts are being used for the collating the market for the estimated forecast period.
The major players of the global Biobanking market comprise of Thermo Fisher Scientific Inc., Tecan Group Ltd., Qiagen N.V., Hamilton Company, Brooks Automation, TTP Labtech Ltd., VWR Corporation, Promega Corporation, Worthington Industries, Chart Industries, Becton, Dickinson and Company, Merck KGaA and Micronic. The market for Biobanking is consolidated with the presence of established global and domestic players across the globe. Moreover, the established companies are shifting focus toward establishing manufacturing facilities associated with the production of paper. Furthermore, the industry players are coming up with inorganic growth strategies to expand their market presence.
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he report also throws light on various aspects of the global Biobanking industry by assessing the market using value chain analysis. The report covers several qualitative aspects of the Biobanking industry in market drivers, market restraints and key industry trends. Furthermore, the report provides an in-depth assessment of the market competition with company profiles of global as well as local vendors.
The global biobanking market is categorized based on sample type, storage type and application. Based on storage type the market is segmented into manual storage and automated storage. Manual storage held the largest market share in 2018, while the automated storage segment is likely to grow at the highest CAGR during the forecast period. In 2018, North America was the largest market for biobanking. Advances in biomedical, pharmaceutical, and biotechnology industries are some of the factors propelling market growth in this region.
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Key segments of the global biobanking market
Specimen Type Overview, 2015-2025 (USD Million)
Storage Type Overview, 2015-2025 (USD Million)
Application Overview, 2015-2025 (USD Million)
Life Science Research
Regional Overview, 2015-2025 (USD Million)
Rest of Europe
Rest of Asia Pacific
Rest of the World
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