Biobanking Equipment Market is Expected to Grow at a CAGR of 7.1% During Forecast Period 2021-2031

250 Pages Biobanking Equipment Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider

According to Fact MR’s recent market research, sales of Biobanking Equipment to swell at propelled CAGR through 2031, as investment towards expansion of healthcare infrastructure continues rising. The goal of the survey is uncover growth opportunities, key trends, growth drivers, and challenges. It also provides recommendations to assist businesses in preparing for unforeseen challenges.

Focus on improving overall patient care will remain a chief growth driver. Besides this, Biobanking Equipment market will continue gaining from increasing willingness among patients and families to spend on advanced healthcare.

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Global market for biobanking equipment is expected to exhibit a high-single digit CAGR of 7.1% 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.

The market study done by Fact.MR gives exclusive information about how the market  will grow. The study identifies crucial trends that are determining the growth of Biobanking Equipment market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Biobanking Equipment

Biobanking Equipment Market

The report offers actionable and valuable market insights of Biobanking Equipment. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Biobanking Equipment Market across various industries and regions

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Market Taxonomy

  • Equipment
  • Consumables
  • Software & Services
Storage Type
  • Manual Storage
  • Automated Storage
  • Regenerative Medicine
  • Life Science Research
  • Clinical Research
Sample Type
  • Blood
  • Tissues
  • Nucleic Acids
  • Others

(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)

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6 Key Estimations on Future of Biobanking Equipment Market

  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. 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.
  6. 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.

Competition Tracking

The report has profiled key players operating in the global biobanking equipment market, which include

  • Brooks Automation Inc.
  • Chart Industries Inc.
  • Greiner Holding AG
  • Hamilton Company
  • Merck KGaA
  • Panasonic Healthcare Holdings
  • Promega Corporation
  • Tecan Trading AG
  • Qiagen N.V.
  • Thermo Fisher Scientific Inc.
  •  VWR Corporation.

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Report Benefits & Key Questions Answered

  • Biobanking Equipment Category and segment level analysis: Fact MR provides a detailed analysis of the factors influencing sales growth across key segments. It highlights key growth drivers and provides useful information for identifying sales prospects at the regional and local level.
  • Biobanking Equipment Historical volume analysis: The report provides a comparison of Biobanking Equipment’s historical sales and projected sales performance for 2021-2031.
  • Biobanking Equipment Manufacturing trend analysis: The report offers a detailed analysis of manufacturing trends in the Biobanking Equipment market. It carefully gauges the impact of changing healthcare needs of key demographics globally
  • Biobanking Equipment Consumption by demographics: The report investigates consumer behavior affecting Biobanking Equipment demand outlook for the assessment period. Effect of their keenness for digital trends on Biobanking Equipment market is carefully analyzed
  • Post COVID consumer spending on Biobanking Equipment: Healthcare industry has been largely influenced by COVID-19 pandemic. The Fact MR Market survey analyzed consumer spending post COVID-19. It assesses how current trends that will influence expenditure on healthcare services, thus affecting Biobanking Equipment market growth.

More Valuable Insights on Biobanking Equipment Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Biobanking Equipment, Sales and Demand of Biobanking Equipment, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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