Biobanks Market Report

Biobanks Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2014 To 2020

  • Published Date: ---
  • Base Year for Estimate: ---
  • Report ID: 123
  • Format: Electronic (PDF)
  • Historical Data: ---
  • Number of Pages: 0

A bio-repository that stores biological samples for research is referred to as a biobank. 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. 

Research results suggest that approximately 90% of proposed drugs fail to exhibit efficacy levels during clinical trials. In an attempt to avoid the high costs associated with such drug failures, researchers are rapidly adhering to human tissue samples and stem cell models to execute pre-clinical trials. Increasing demand for tissue samples and stem cell models will serve as a significant driver for the global biobanks market. Moreover, rising adoption of stem cell treatments and implementation of initiatives aimed at the standardization of biobanking procedures will drive the growth of this market. 

The future of this market will be fuelled majorly by factors such as the automation of storage processes via RFID (radiofrequency identification) and MEMS (micro electromechanical systems) technologies and the introduction of new products such as the development of reagents by Biomatrica and IntegenX. These reagents are used to enable the storage of DNAs and RNAs at room temperature by stabilizing them. 

The disease biobanks market dominates the overall biobanks market in terms of share. The presence of a wide application base for disease based biobanks in the field of drug discovery and development attributes to its high market share. However, 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. 

North America and Europe collectively hold the largest share of the biobanks market. Rising number of drug discovery and development related research and development initiatives and the presence of sophisticated biobank facilities enabled with recent technological advancements, account for the aforementioned fact. 

This research study encompasses a competitive landscape of the biobanks market. Revenue analysis, product benchmarking and strategic developments of key market players such as Abbott Laboratories Inc., Bristol-Myers Squibb Co., Johnson and Johnson Ltd., Roche Ltd., Teva Pharmaceuticals, Affymetrix Inc  and others are also provided in this report. 

Key questions answered by the report
Request for Customization

Choose License Type

Single User - $4,450
Multi User (2-5) - $6,450
BI Library Access - $8,450

Buy Chapters or Sections

Avail customized purchase options to meet your exact research needs:

  • Buy sections of this report
  • Buy country level reports
  • Request for historical data
  • Request discounts available for Start-Ups & Universities

Why Choose Us

  • Research support

    24/5 Research support

    Get your queries resolved from an industry expert.

  • Custom research service

    Custom research service

    Design an exclusive study to serve your research needs.

  • Quality assurance

    Quality assurance

    A testimonial for service in the form of BBB "A" Accreditation.

  • BBB Rating dandb
  • Information security

    Information security

    Your personal and confidential information is safe and secure.

  • grand view research PCI DSS complaint grand view research paypal verified