Global Biobanking Equipment Market Forecast, Trend Analysis & Competition Tracking Review between 2017 to 2022

The global market for biobanking equipment is expected to exhibit a high-single digit CAGR throughout the forecast period 2017 to 2022. Sales of biobanking equipment worldwide are estimated to surpass US$ 2,000 Mn in revenues by 2022-end.

Fact.MR, in its new research, estimates an impressive growth for the global biobanking equipment market over the forecast period 2017 to 2022. Revenues from the global market for biobanking equipment are expected to exceed US$ 2,000 Mn by 2022-end.

Click Here For Sample Report


A major trend observed in the market is conserving a newborn’s cord blood stem cells. The rise in demand for personalized medicine has been impacting the market growth over the past few years. This is mainly because of high unmet medical needs for development of effective therapies. Individuals around the world are banking their stem cells and tissues for future treatments, with increasing importance of requirement for annotated pathological & clinical data for developing personalized medicines. A number of research organizations are increasingly exploring methods to develop personalized treatments using biological samples. An example of this is signing of deals associated with biobanking, between Illumina, and the University of Colorado, Partners HealthCare, the Montreal Heart Institute, and the Vanderbilt University. These partnerships will collectively focus on improving healthcare and development of personalized medicines. These factors are expected to drive growth of the market during the forecast period.

The biobanking equipment market is highly fragmented on the back of the presence of numerous small as well as large vendors. As the biobanking equipment available in the market have similar nature, the market vendors are now shifting their focus towards differentiation of their services on the basis of automation of already existing technology, and the value-added services. This will further aid vendors in gaining a competitive edge in the global market. Some other factors influencing growth of the market include increasing requirement for discovery & development of cost-effective medicines, rising government as well as private funding for regenerative medicine research, soaring genomics research activities, and biobanking advancements across the globe.

6 Key Estimations on Future of Biobanking Equipment Market

Based on product type, equipment will continue to be dominant in the global market, with sales estimated to surpass revenues worth US$ 1,300 Mn by 2022-end. Between software & services and consumables, the former will exhibit a comparatively higher CAGR through 2022.

Biobanking equipment are expected to find the largest application in regenerative medicine. However, sales of biobanking equipment for clinical research-related application will register the fastest expansion through 2022.

Although manual storage will remain preferred for biobanking equipment, sales of automated storage are poised to exhibit a higher CAGR in the market through 2022.

North America is anticipated to remain the largest market for biobanking equipment, with sales projected to expand at a CAGR of 7.6% through 2022. In addition, biobanking equipment market in Latin America and Japan will exhibit a parallel expansion through 2022.

Blood will remain sought-after among samples in the global biobanking equipment market. Sales of blood samples will hold the largest market revenue share, and register the fastest expansion through 2022. In contrast, tissues will register the lowest CAGR in sales through 2022.

Key players operating in the market include VWR Corporation, Thermo Fisher Scientific Inc., Qiagen N.V., Tecan Trading AG, Promega Corporation, Panasonic Healthcare Holdings, Merck KGaA, Hamilton Company, Greiner Holding AG, Chart Industries, Inc., Brooks Automation, Inc., and Becton, Dickinson and Company.

Browse Full Report with TOC @

Contact Us
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States

Contact Details

Company Name: Fact.MR
Issued By: Namrata
Phone: +353 1 611 1593
Address: 11140 Rockville Pike Suite 400 Rockville, MD 20852
City: Rockville Pike
State: Rockville
Zip: 11140
Country: United States
Website: Visit the website

Keywords : Biobanking Equipment Market, Biobanking Equipment Trends, Biobanking Equipment Industry, Biobanking Equipment Growth, Biobanking Equipment Report,

by Namrata (few months ago!)

Latest Press Releases

Global E-textbook Rental Market by Product Type, by Manufacturing Process: Global Market Size..

Ready for high speed: OM5 on board of the tde plug-and-play platforms

Smart Agriculture Solution Market Global Industry Insights till 2025

6th International Conference & Exhibition on Advanced & Nano Materials to be held in Quebec C..

Virtualized Radio Access Network (vRAN) Market by Manufacturers, Countries, Type and Applicat..

Compact Fluorescent Tube Market Research Report 2018

NES Global Talent reveals 2018 Middle Eastern energy trends

Buy Online Fildena 25mg

Commodity Research Report Ways2Capital 19 March 2018

Antiperspirants: A Cause of Member odor?

Remove this press release ?

Due to extra work required to remove the press-releases we have started charging $1.99 for press release removal.

Your press release will be removed in 24 hours, once the payment has been received.

Search Press Release
e.g. Business, Computer, etc.