Biobanking Market 2025 Price By Revenue, Regional Outlook And ConsumptionA biobank is a biorepository that stores biological samples for research. Biobanks provide data that represent large number of individuals’ samples used by researchers for multiple purposes. Biobanks help in identifying biomarkers of diseases related to single nucleotide polymorphism and others. The global biobanking market was USD 2.26 billion in 2018 and will reach USD 3.81 billion by 2025 at a CAGR of 7.75% during the forecast period.
Get Access to sample pages: https://www.trendsmarketresearch.com/report/sample/3990
Growth by Region
North America dominated the market due to increasing research activities, growing interest in biomarker discovery and rising investments in genomics. Asia – Pacific will grow at higher rate in the coming years due to presence of large population base.
Drivers vs Constraints
Factors such as increasing number of genomics research and government & private funding to support regenerative medicine research are driving the market growth. Increased incidence of chronic diseases is further boosting the market.
However, lack of high quality samples and ethical & legal issues related to biobanking are restraining the market growth.
Industry Trends and Updates
Bio-Techne acquired Atlanta Biologicals Inc.
Thermo Fisher Scientific acquired the Patheon.
Covid 19 Impact Analysis@ https://www.trendsmarketresearch.com/report/covid-19-analysis/3990
About Us:
Company Overview
We are a UK-based market intelligence company that operates out of its passion to help brands grow, discover, and transform. As a market research company, we take pride in equipping our clients with insights and data that holds the power to truly make a difference to their business. Our mission is singular and well-defined - we want to help our clients envisage their business environment so that they are able to make informed, strategic and therefore successful decisions for themselves.
Contact Us:
One Vincent Square Westminster, London SW1P 2PN United Kingdom Phone: +442033221521 Email: sales@trendsmarketresearch.com Website: https://www.trendsmarketresearch.com
About This Author | alex Joined: April 9th, 2020
|
|
Article Directory /
Arts, Business, Computers, Finance, Games, Health, Home, Internet, News, Other, Reference, Shopping, Society, Sports
|