The global biobank market size was USD 76.31 Billion in 2022 and is expected to register a revenue CAGR of 8.8% during the forecast period. Increasing funding in genomic research and rising demand of personalized medicine are key factors driving the market revenue growth. In addition, technological advancements in biobank is contributing significantly to market revenue growth.

The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the Biobank market. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities.

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Competitive Terrain:

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Biobank market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

The leading market contenders listed in the report are:

Merck KGaA, QIAGEN, Hamilton Company, Thermo Fisher Scientific Inc, Tecan Trading AG, BD, Taylor-Wharton, Lonza, STEMCELL Technologies, Charles River Laboratories

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Emergen Research has segmented the global Biobank market on the basis of type, application, end-use, and region:

Segments Covered in this report are:

• Type Outlook (Revenue, USD Billion; 2019-2032)

  • Physical/ Real Biobanks
  • Virtual Biobanks

• Product Outlook (Revenue, USD Billion; 2019-2032)

  • Biobanking Equipment
  • Laboratory Information Management System

• Sample Outlook (Revenue, USD Billion; 2019-2032)

  • Blood
  • Cell And Tissue
  • Others

The various regions analyzed in the report include:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Objectives of the Report:

• Analysis and estimation of the Biobank Market size and share for the projected period of 2022-2030
• Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
• Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Biobank Market
• Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments