DUBLIN--(BUSINESS WIRE)--The "Biobanks Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024" report has been added to ResearchAndMarkets.com's offering.
The report predicts the global biobanks market to grow with a CAGR of 8.2% over the forecast period of 2018-2024. The study on biobanks market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific and RoW for the period of 2016 to 2024.
The samples from biobanks are used for various purposes such as research, therapeutics, clinical trials, and drug development.
Factors such as increase in genomic research activities for studying diseases in order to better understand the causes and mechanism of human diseases is a major factor driving the market growth. Also, growing incidence of chronic diseases coupled with increasing demand for cost effective drug to augment the market growth. Furthermore, growing trend of conserving cord blood stem cells of newborns is also boosting the market growth.
High cost to maintain biobanks and lack of adequate legislative structures and governance frameworks that regulate the use and development of biobanks are some of the restraints that hinders the market growth. Developing biobanks through partnership with high income countries will help to expand the biobank market in near future.
Key Topics Covered
2. Executive Summary
3. Global Biobanks Market Overview
4. Global Biobanks Market by Products & Service
5. Global Biobanks Market by Sample Type
6. Global Biobanks Market by Application
7. Global Biobanks Market by Region 2018-2024
8. Companies Covered
- Tecan AG
- Panasonic Healthcare Holdings Co. Ltd
- Thermo Fisher Scientific Inc.
- Taylor-Wharton International LLC
- Becton, Dickinson and Company
- Merck KGaA
- Beckman Coulter, Inc
- BioLife Solutions, Inc
- LVL Technologies GmbH & Co. KG
For more information about this report visit https://www.researchandmarkets.com/research/wnrc7n/global_biobanks?w=4
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