Biobank is a biorepository for the preservation and collection of biological material used for diagnosis, biodiversity studies, and research. Depending on the aims of research, different biobanks store different kinds of samples such as tissues, blood, serum, DNA, and RNA. The human biobanks work by systematic collection of biological samples from patients and other members of the public. Biobanks significantly vary in size such as biobanks
The Biobanking market size will be XX million (USD) in 2022 in China, from the XX million (USD) in 2016, with a CAGR (Compound Annual Growth Rate) XX% from 2016 to 2022.
The global biobanks market size is expected to reach $ 69billion by 2023, growing at a CAGR of around 6%. The biobanks market consists of sales of biological specimens such as blood products, human tissues, cell lines nucleic acids (DNA, RNA) and other specimens through biorepositories.
According to the new market research report "Biobanking Market by Product and Service(Equipment, Consumables, Services, Software), Sample Type (Blood Products, Human Tissues, Cell Lines, Nucleic Acids), Application( Regenerative Medicine, Life Science, Clinical Research) - Global Forecast to 2022" published by MarketsandMarkets™, the Biobanking Market is expected to reach USD 2.69 Billion, at a CAGR of 7.8%
Factors driving the growth of this Biobanking ... Read more
The Market Research Report on Biobanking, Considering useful aspects like; Application, Sample Type — Global Future Forecast, published by MarketsandMarkets™.
Factors driving the growth of this Biobanking Market include the increasing number of genomics research activities for studying diseases; advances in biobanking and the growing trend of conserving cord blood stem cells of newborns ... Read more
Biobanking is defined as a process by which samples of bodily fluid or tissue are collected for research. The collected sample is meant to improve the doctor's understanding of health and disease. A new report on the global biobanking market, published by Market Research Future (MRFR), concludes that this market can view gains at 7.6% CAGR ... Read more
Biobanking Market plays an integral role in advancing biomedical and translational research, through the collection and preservation of biological samples, such as blood, tissues, and nucleic acids, which are then made available for use in research to discover disease-relevant biomarkers; this is further used for diagnosis, prognosis, and predicting drug responses. Growth in the ... Read more