Biobanking Equipment Market: Regenerative Medicine Remains Largest Application

Published: Fri Apr 19 2019

 In the current era of personalized and translational medicine, the availability of biological resources such as human tissue and its derivatives for research which is apt for purpose and associated with well-annotated clinical data under approved ethical protocols is an invaluable facility for biomedical research. A decade ago Time magazine (2009) considered biobanks as one of the ten tools of importance that have immensely contributed to health and well-being. 

Though biobanks have been established over many centuries, it is only over the past fifteen years the present facilities have matured, and there has been high pitch for the professionalism and harmonization for all work activities. Agencies such as the National Cancer Institute and the biomedical scientific community have recognized that high-quality and standardized biobanks or biorepositories are pivotal for development in areas such as post genomics cancer research. Ergo, the establishment of formal best practices for the handling, storage and shipping of biospecimens have been witnessed.

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The repositories at biobanks are systematically and professionally maintained to assure the integrity of the associated clinical or genetic data and preservation of sample properties as the reliability of biochemical, molecular and clinical data generated through modern day biospecimens hinges upon the consistency and quality of sampling and processing.

Amid growing competition in the market, manufacturers are tilting towards the automation of existing technology for differentiation of their services from counterparts and are focusing on value-added services.

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Biobanking Equipment Market: Overview

The report moots a comprehensive analysis on the Biobanking Equipment Market for biobanking equipment for the assessment period 2018-2026. The report also delves into the dynamics surrounding the biobanking equipment which significantly influence the growth of the market.

Furthermore, the report elucidates the segregation of the market which is anticipated to provide readers with an actionable insights which will aid them in taking proper decision based on segments historical and future growth estimates.

The report focuses on cost structure and supply chain to provide a holistic view of the biobanking equipment market. The report provides a coherent assessment through average pricing analysis. The report also includes regional and country-wise assessment.

A qualitative and quantitative information has been obtained for the forecast and assessment on the biobanking equipment market. The research sources include primary and secondary sources which have been further examined by in-house panel of experts. The growth of end use industries in the historical and forecast period have been estimated to aid the readers with their business investment decisions. The market size of the biobanking equipment is the result of revenue comparison, market share comparison and Y-o-Y growth comparison on the geography.

Biobanking equipment Market: Competitive Landscape

Major market players being instrumental for the growth of the biobanking equipment market are profiled and assessed on the basis of company overview, financial overview, product offering, recent development, key differentiators and strategies. The report also includes SWOT analysis to provide a holistic picture of the competitive scenario of the biobanking equipment market. A deep dive analysis of the major market players becomes indispensable as it will succor readers to make proper decision to enlarge their business and can comprehend strategic moves made by prominent players in the biobanking equipment market.

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