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Global Biobanks Market estimated to be growing at a CAGR of 7.6% by 2021

Tuesday, October 11, 2016 23:19
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(Before It's News)

According to the report “Biobank Market“, published by Market Data Forecast, the global market is projected to reach USD 259.91 Million by 2021, at a CAGR of 7.6% from 2016 to 2021.

For full report refer to

Biobanks is a collection or sortation of blood and cell samples from a large number of people. Biobank collection denotes its use in medical field and research. These bio-repositories play an integral role in the research and development activities associated with drug discovery and development. Biobanks also provide inevitable assistance in gaining prospective on orphan diseases especially the ones associated with single-nucleotide polymorphisms, via genome wide association studies. 

Free sample for the report is available at

The population based biobanks market is expected to grow at a relatively higher growth rate during the forecast period on account of rising patient awareness levels pertaining to stem cell treatments and bio-preservation. A contract testing laboratory can take approximately three days for sampling and providing results, whereas in-house testing can reduce that time to 30 minutes and ultimately reducing the cost per sample. 

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1) By Product Type:
• Equipment’s
a) Temperature Control Systems
b) Incubators
c) Centrifuges
d) Alarm and Monitoring Systems
e) Accessories
f) Other Equipment’s
• Consumables

2) By Sample Type:
• Human Tissues
• Stem Cells
• DNA or RNA
• Bio-fluids
• Other Sample Types

3) By Application:
• Therapeutic Applications
• Research Applications
• Clinical Trials

4) By Geography:
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle-East and Africa

Enquire more about the report at 

The key players in the bio preservation market are Beckman Coulter, Tecan group, Taylor- Wharton, Panasonic biomedical, Teva pharmaceuticals, Biolife solutions, Custom biogenic systems, Princeton cryotech, Fluidx, Tissue solutions, Wildcat laboratory solutions, Micronik and Brooks life science systems.

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About Market Data Forecast:

Market Data Forecast is a firm working in the areas of market research and business intelligence. We have rich experience in research across major industry segments like Healthcare, Agriculture, Food & Beverages etc. and we cater to the needs of both individual and corporate clients. Our research services contribute to key business areas like business process improvement, key decision making and developing appropriate corporate strategy. We are truly committed to our clients and other stakeholders for providing customized research services of the highest quality all the while being an organisation that’s trusted for its integrity, respected for its accountability, and admired for its excellence, by both clients and competitors alike.

Contact Us:

Market Data Forecast, Inc.
Jubilee Gardens,
Hyderabad, India.
+1-888-702-9626 (U.S. TOLL FREE) 

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