United States biobanks market is
expected to grow at a significant rate during the forecast period. Growing need
to store and preserve the biological samples such as nucleic acids, tissues,
blood which are in demand for research activities for advancements in
biomedical research and identify disease-relevant biomarkers. The rise in the
number of research activities is considered the major driver for the forecast
period. An increase in investments and funding made by the leading authorities
and market players to advance the sectors such as regenerative medicine, cell
& gene therapy, stem cell therapeutics is promoting the scope of research
activities which in turn is accelerating the market growth. The surge in the
adoption of cord blood banking techniques by healthcare facilities offers
several benefits such as more people can receive stem cells than received
through the bone marrow and this process is less complicated and painful for
the donor which in turn is fostering the growth of the biobanks market. Biobanks
play a significant role to maintain and update the age demographic databases.
The rising demand for personalized medicine as it is considered more effective
and provides better results is contributing to the surge in the biobanks market
United States biobanks market is
segmented into type, ownership, product, specimen type, application, end user,
regional distribution, and company. Based on product, the market can be divided
into equipment & consumables, media, software & services. The equipment
& consumables product segment is expected to hold a major market share in
the forecast period. The rise in the number of biobanks is aiding to increase
the capacity to store a large number of biosamples is increasing the demand for
biobanking devices which in turn is accelerating the market growth.
The major players operating in the United
States biobanks market are Thermo Fisher Scientific Inc.,
Hamilton Company, Brooks Automation, Inc., VWR Corporation, LLC, Promega
Corporation, Becton, Dickinson, and Company, RUCDR Infinite Biologics, LabVantage
Solutions Inc., US Biolab Corporation, Inc., ProteoGenex, Inc., Cureline, Inc.,
Bay Biosciences LLC, Geneticist Inc, BioLifeSolutions Inc., among others. Major
companies are developing advanced technologies and launching new services to
stay competitive in the market. Other competitive strategies include mergers
& acquisitions and new service developments.
considered for this report:
Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022–2026
Objective of the Study:
- To analyze the historical growth of the market size of United
States biobanks market from 2016 to 2019.
- To estimate and forecast the market size of United States biobanks market
from 2020 to 2026 and growth rate until 2026.
- To classify and forecast United States biobanks market based on type,
ownership, product, specimen type, application, end user, regional
distribution, and company.
- To identify dominant region or segment in the United States biobanks.
- To identify drivers and challenges for United States biobanks
- To examine competitive developments such as expansions, new product
launches, mergers & acquisitions, etc., in United States biobanks
- To identify and analyze the profile of leading players operating in
United States biobanks market.
- To identify key sustainable strategies adopted by market players in
United States biobanks market.
Click here to download the sample
TechSci Research performed both primary as well as exhaustive
secondary research for this study. Initially, TechSci Research sourced a list
of service providers across the globe. Subsequently, TechSci Research conducted
primary research surveys with the identified companies. While interviewing, the
respondents were also enquired about their competitors. Through this technique,
TechSci Research could include the service providers who could not be identified
due to the limitations of secondary research. TechSci Research analyzed the service
providers, distribution channels and presence of all major players across the
Research calculated the market size of United States biobanks market using a bottom-up approach, wherein data for various end-user
segments was recorded and forecast for the future years. TechSci Research
sourced these values from the industry experts and company representatives and
externally validated through analyzing historical data of these product types
and applications for getting an appropriate, overall market size. Various
secondary sources such as company websites, news articles, press releases,
company annual reports, investor presentations and financial reports were also studied
by TechSci Research.
Key Target Audience:
- Biobank service provider companies
- Market research and consulting firms
- Government bodies such as regulating
authorities and policy makers
- Organizations, forums, and alliances related
to biobanks market.
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as service
providers, suppliers and partners, end users, etc., besides allowing them in
strategizing investments and capitalizing on market opportunities.
In this report, United States biobanks market
has been segmented into following categories, in addition to the industry
trends which have also been detailed below:
United States Biobanks Market, By Type:
- United States Biobanks Market, By Ownership:
- United States Biobanks Market, By Product:
- United States Biobanks Market, By Specimen Type:
- United States Biobanks Market, By Application:
- United States Biobanks Market, By End User:
& Biotech Companies
- United States Biobanks Market, By Region:
- North East
Company Profiles: Detailed analysis of the major
companies present in United States biobanks market.
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
United States Biobanks Market
is an upcoming report to be released soon. If you wish an early delivery of
this report or want to confirm the date of release, please contact us at [email protected]
- Detailed analysis and profiling of
additional market players (up to five).