Biobanking 2017 Global Market Expected to Grow at CAGR 8 % and Forecast to 2020

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pune, India - December 28, 2017 /MarketersMedia/ —

This market research report includes a detailed segmentation of the global biobanking market 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. 

Market outlook of the global biobanking market 
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. 

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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 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 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 market shares of the Americas, APAC, and EMEA? 
• What are the key outcomes of the five forces analysis of the biobanking market?                                                           

Table of Contents:

PART 01: Executive summary 
Highlights 
PART 02: Scope of the report 
Market overview 
Top-vendor offerings 
PART 03: Market research methodology 
Research methodology 
Economic indicators 
PART 04: Introduction 
Key market highlights 
PART 05: Biobanks: An overview 
Types of biobanks 
Classification of biobanks 
List of commercial biobanks 
PART 06: Storage conditions for samples 
Controlled room temperature 
Refrigeration 
Frozen 
Ultra-low 
Cryogenic LN2 
PART 07: Market landscape 
Market overview 
Market size and forecast 
Five forces analysis 
PART 08: Biobank funding and financial sustainability 
Moving toward cost recovery model 
PART 09: Harmonization of biobanking 
PART 10: Market segmentation by product 
Market overview 
Global biobanking equipment market 
Global biobanking consumables market 
PART 11: Market segmentation by sample type 
Market overview 
PART 12: Geographical segmentation 
Biobanking market in EMEA 
Biobanking market in Americas 
Biobanking market in APAC 
PART 13: Market drivers 
Rise in aging population and incidence of chronic diseases 
Increase in efficiency through automation 
Reduction in research costs 
PART 14: Impact of drivers 
PART 15: Market challenges 
PART 16: Impact of drivers and challenges 
PART 17: Market trends 
PART 18: Vendor landscape 
Competitive scenario 
Market share analysis 
Beckman Coulter 
BioCision 
Taylor-Wharton 
Tecan Group 
Thermo Fisher Scientific 
VWR 

 Continued…….

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