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Biobanks Market Is Booming Worldwide with Leading Key Players – VWR (US), Promega (US), Worthington Industries (US)

Press Release

The Biobanks Market Research Report Forecast 2019-2025 is a valuable source of insightful data for business strategists. It provides the Biobanks industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). This Biobanks Market study provides comprehensive data on aspects of competitive intelligence, market research, strategy, planning, pricing, and forecasting that enhances the understanding, scope, and application of this report.

The global biobanks market size was estimated at USD 52.31 billion in 2018 and is expected to reach USD 74.54 billion by 2025 at a 4.5% CAGR over the forecast period.

The major key players covered in this report: Thermo Fisher Scientific (US), Tecan Group (Switzerland), Qiagen (Germany), Hamilton (US), Brooks Automation (US), TTP Labtech (UK), VWR (US), Promega (US), Worthington Industries (US), Chart Industries (US), Becton Dickinson (US), Merck (Germany), Micronic (Netherlands), LVL Technologies (Germany), Panasonic Healthcare (Japan), Greiner Bio One (Greiner Holding AG, Austria), Biokryo (Germany), Biobank (Norway), Biorep Technologies (US), Cell & Co Bioservices (France), RUCDR infinite biologics (US), Modul-Bio (France), CSols (UK), Ziath (UK), LabVantage Solutions (US).

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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The Biobanks market can be divided based on product types and It’s sub-type, major applications and Third Party usage area, and important regions.

North America dominated the global market in 2017 owing to the presence of numerous biobanking organizations. Furthermore, new players have emerged in the region and are undertaking various strategies to address cost recovery – related issues.
European countries made a significant contribution in 2017 owing to the presence of well – established network and infrastructure for processing, storage, and retrieval of biospecimens. EuroBioBank and BBMRI – ERIC are two large biobanking networks operating in Europe to support medical and research activities in this region.
The Asia Pacific is poised to witness the fastest growth over the forecast period owing to an increase in an aggregate number of new biospecimens being deposited. Countries such as Japan, China, Korea, Thailand, India, Singapore, and Australia have their network of biobanks in the global market.

This report segments the global Biobanks Market based on Types are:
Blood Products, Human Tissues, Nucleic Acids, Cell Lines, Biological Fluids, Human Waste Products.

Based on Application, the Global Biobanks Market is Segmented into:
Regenerative Medicine, Life Science Research, Clinical Research.

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In January 2017, Northwell Health collaborated with Indivumed to create a cancer research biobank. Furthermore, ongoing developments in information technology and automation solutions have improved the operating efficiency of biobanking services.
In March 2017, UK biobank entered into a collaboration with GSK and Regeneron Genetics Center. Under this partnership, Regeneron sequenced all the 500,000 samples stored with the UK biobank, which were further used for clinical research.
In October 2017, BioLife Solutions and SAVSU collaborated to provide enhanced, cold-chain technologies for diabetes, lupus, pemphigus, and organ transplantation.

Regions covered By Biobanks Market Report.
North America: United States, Canada, and Mexico.

Central and South America: Brazil and Argentina.

The Middle East and Africa: Saudi Arabia, and Turkey.

Europe: Germany, France, UK, Italy, Spain, and Russia.

Asia-Pacific: China, India, Japan, South Korea, Australia, Indonesia, and Singapore.

These segments are thoroughly evaluated on an individual basis and a team of analysts has ensured to give a crystal clear idea about various lucrative segments of the industry. This detailed analysis of segmentation help in offering precise results about the markets related to the industry.

SIGNIFICANT FEATURES THAT ARE UNDER OFFERING AND KEY HIGHLIGHTS OF THE REPORTS:

– Detailed overview of Biobanks Market
– Changing Biobanks market dynamics of the industry
– In-depth market segmentation by Type, Application, etc.
– Historical, current and projected Biobanks market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Biobanks Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.

The report has 150 tables and figures browse the report description and TOC:
https://www.marketinsightsreports.com/reports/07291374505/global-biobanks-market-size-status-and-forecast-2019-2025?source=instanttechnews&mode=86

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