Global Biobanking Market 2016-2020

  • Published: Nov 2015
  • Pages: 145
  • SKU: IRTNTR7852
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This market research report includes a detailed segmentation of the global biobanking market share by product type (equipment and consumables) and by sample type (human tissues, stem cells, DNA or RNA, bio-fluids, and others). It also outlines the market shares for key regions such as the Americas, APAC, and EMEA. The key vendors analyzed in this report are Beckman Coulter, BioCision, Taylor-Wharton, Tecan, Thermo Fisher, and VWR.

Global biobanking market overview

Technavio’s market research analyst predicts the global biobanking market to grow steadily at a CAGR of approximately 8% during the forecast period. The ability of biobanks to aid in the collection, preparation, processing, handling, recovery, storage, and distribution of tissues and cell samples for therapeutic and research purposes are expected to result in this market’s impressive growth rate during the forecast period.

Geographically, the EMEA region is estimated to account for a market share of approximately 44% during the predicted period. The presence of a well-established biobanking system in the Nordic countries, such as Sweden, Norway, Denmark, Finland, and Iceland, is a significant factor that bolsters market growth in this region during the forecast period.

Segmentation by sample type and analysis of the biobanking market

  • Human tissues
  • Stem cells
  • DNA or RNA
  • Bio-fluids
  • Others

According to this market research, the human tissues segment is estimated to account for a market share of approximately 65% during the forecast period. The unavailability of appropriate animal models for some neurological and psychiatric disorders is a critical factor that results in the growing preference for human tissue specimens or samples stored in biobanks.

Product-type segmentation of the biobanking market

  • Equipment
  • Consumables

Technavio market research analysts have predicted the equipment segment to be the largest market segment during the forecast period. The ability of this segment to aid in the storage, handling, maintenance, transport, and tracking of samples and specimens is a noteworthy factor, which results in its impressive market share of more than 74% during the estimated period.

Competitive landscape and key vendors

This market is highly fragmented due to the presence of numerous small and large vendors and is primarily dominated by prominent vendors like Beckman Coulter and Taylor-Wharton. Since the products offered in this market are similar in nature, vendors have to differentiate their services in terms of automation of existing technology and value-added services to gain an edge over their rivals.

The top vendors in this market are -

  • Beckman Coulter
  • BioCision
  • Taylor-Wharton
  • Tecan Group
  • Thermo Fisher Scientific
  • VWR

Other prominent vendors analyzed in this market study are Askion, B&C Group, BioBank, BioCryo, BioRep, BioStorage Technologies, Bluechip, Brooks Life Science Systems, Cryo Bio System, CryoXtract, DNA Genotek, Excilone, Fluidx, Indivumed, LVL Technologies, Micronic, Promega, QIAGEN, RURO, Seralab, SOL Group, Tissue Solutions, Trans-Hit Biomarkers, and Wildcat Laboratory Solutions.

Key questions answered in the report include

  • What will the biobanking market size and the growth rate be in 2020?
  • What are the key factors driving the global biobanking market?
  • What are the key market trends impacting the growth of the global biobanking market?
  • What are the challenges to the biobanking market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the vendors in the global biobanking market?
  • What are the trending factors influencing the biobanking market shares of the Americas, APAC, and EMEA?
  • What are the key outcomes of the five forces analysis of the biobanking market?

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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