Bio-Banks Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

The Global Bio-Banks Market size was estimated at USD 65.9 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 6% from 2021 to 2027.

Biobanking is the collection and conservation of biological resources for use in diagnostics, biodiversity research and research. Biobanks play an important role in biomedical research, developing personalized medicines, and preserving and updating age demographic databases. A biobank is a type of biorepository that holds biological samples for research purposes. Biobanks have become a valuable resource for medical research supporting a variety of modern research, including genomics and personalized medicine. Biobanks can provide researchers with data from millions of people.

Market Segments

Biobanks Market, By Product

• Equipment
• Consumable
• Others

Biobanks Market, By Service

• Biobanking/Repository
• Lab Processing
• Others

Biobanks Market, By Sample Type

• Human Tissues
• Organs
• Stem Cells
• Others

Key Players

Some of the market players include BioLifeSolutions Inc., Hamilton Company, Merck KGaA (Sigma-Aldrich Inc.), Thermo Fisher Scientific Inc., VWR International LLC, among others.

Scope of the Report

The research study analyzes the global Bio-Banks industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Bio-Banks Market Report

1. What was the Bio-Banks Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of the Bio-Banks Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Bio-Banks Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.