Global Biobanks Market Research Analysis and Forecast Report 2023

April 19, 2019

Author: Aleemuddin Tbrc

A report from The Business Research Company shows that the biobanks market is expected to grow at an annual growth rate of more than 6% by 2023.

The market consists of sales of biological specimens such as blood products, human tissues, cell lines nucleic acids (DNA, RNA) and other specimens through biorepositories. A biobank is a collection of human biological specimens including whole organs, tissue, blood products, plasma, urine, or intracellular components such as DNA and RNA.

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The market size is expected to reach $69 billion by 2023, growing at a CAGR of around 6%. The growth in the market can be attributed to increasing incidence of diseases such as cancer and rising global ageing population.

The Biobanks market industry can be further categorized into Segments: blood products, cell lines, nucleic acids, and human tissues and cells.

Major Key competitive players in the global biobanks market report include Japanese Red Cross Society (JRCS), American Red Cross, Canadian Blood Services, Biobank Graz, Shanghai Zhangjiang Biobank.

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Few Points from Table Of Content:

Executive Summary
Table of Contents
List of Figures
List of Tables
Report Structure
Introduction
Biobanks Market Characteristics
Biobanks Market – Supply Chain
Biobanks Market Industry Trends and Strategies
Biobanks Market Size and Growth
Biobanks Market Regional and Country Analysis
Biobanks Market Segmentation
Global Biobanks Market Comparison with Macro Economic Factors
Asia-Pacific Biobanks Market

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Development of virtual biobanks and implementation of advanced technologies such as IoT are the few major trends witnessed in the biobanks market.

With rising genomic and proteomic research and increasing demand for stem cells and regenerative medicine, the scope and potential of the global biobanks market is expected to increase in the forecast period.

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