Biobanking Equipment Market

Biobanking Equipment Market - Size, Share, Trends,
Outlook, and Opportunity Analysis, 2018-2026
Biobanking is referred to a structured collections of biological samples, and associated data,
stored for research purpose in future. The biobanks typically handle human biospecimens such
as blood, tissue, and urine. They are established within academic medical or research
institutions, pharmaceuticals or biotechnological companies or as a standalone organizations.
Biobanks can be disease-oriented or population-based and they can contain a variety of samples
such as blood, enzymes, organ tissue, urine, DNA, RNA, and cell lines.
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Increasing awareness and adoption of precision medicine are expected to favor the biobanking
equipment market growth
Increase in research and development in molecular biology and precision medicine is also
expected to favor growth of the biobanking equipment market. In 2014, the Biobanking and
BioMolecular resources Research Infrastructure–European Research Infrastructure Consortium
(BBMRIERIC), an organization for biobanking in Europe, was established to provide a focal
point for biobanking activities in Europe. It also provides access to quality-controlled human
biological samples and associated data for cross-biobanking research.
The biobanks also play a critical role in cancer research, as they provide access to the status of
human genome. The complex networks of interactions between biomolecules and the clinical
and functional consequences of their alteration can be studied on human genome instead of
human biological specimens, which is easy for discovering new mechanisms involved in cancer.
Biobanks are rapidly expanding in biomedical science domains including molecular pathology,
molecular and genetic epidemiology, and pharmacogenomics.
Report includes chapters which deeply display the following deliverable about industry :
• Biobanking Equipment Market Research Objective and Assumption
• Biobanking Equipment Market Purview - Report Description, Executive Summary, and
Coherent Opportunity Map (COM)
• Biobanking Equipment Market Dynamics, Regulations, and Trends Analysis - Market
Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system
Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Biobanking Equipment Market , By Regions
• Biobanking Equipment Market Competition by Manufacturers including Production, Share,
Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Biobanking Equipment Market Manufacturers Profiles/Analysis including Company Basic
Information, Manufacturing Base and Its Competitors.
• Biobanking Equipment Market Manufacturing Cost Analysis including Key Raw Materials and
Key Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Biobanking Equipment Market Forecast including Production, Consumption, Import and
Export Forecast by Type, Applications and Region.
• Research Findings and Conclusion
Market Dynamics
Increasing application of biobanking in various field such as oncology, neurology, cardiology,
and orthopaedics is expected to be a major factor driving growth of the biobanking equipment
market. Moreover, increasing adoption of precision medicine with rising awareness about the
stem cell treatment and bio-preservation is expected to augment the biobanking equipment
market size during the forecast period. In 2016, the National Institutes of Health invested US$
215 million in the precision medicine initiative to accelerate biomedical research and provide
clinicians with new tools to select the innovative therapies tailored according to individual
need.
However, low cost substitute techniques, tissue injury during freezing, stringent reimbursement
policies, lack of standardization, confidentiality, and ethical issues are the major factors
restraining the global biobanking equipment market growth. For instance, in emerging
economies lack public awareness regarding biobanking. Socioeconomic factors such as the high
level of poverty, caste and class hierarchies, low literacy rate, and gender inequality plays a
key role in voluntary biobanking.
Some of the major players operating in the global biobanking equipment market include
Thermo Fisher Scientific Inc., BioLife Solutions, Inc., Beckman Coulter, Inc., Panasonic
Biomedical Sales, BioCision, Taylor-Wharton International, VWR International, So-Low
Environmental Equipment Co. and Tecan AG.
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Biobanking is referred to a structured collections of biological samples, and associated data, stored for research purpose in future.

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