Global Biobanking Market to See 7% CAGR to 2019

DALLAS, April 27, 2015 /PRNewswire/ --

According to Global Biobanking Market 2015-2019 research report, technological advancements in the field of personalized medicine have resulted in worldwide biobanking market growth, which is forecast at CAGR of 7.07% from 2015-2019.

Complete research titled Global Biobanking Market 2015-2019 spread across 80 pages, offering 3 key vendor analysis details and 33 exhibits is available at http://www.rnrmarketresearch.com/global-biobanking-market-2015-2019-market-report.html .

Researchers have gained new knowledge about pharmacogenomic biomarkers and are now putting this into clinical practice, thanks to the genetic information contained in biobanks. BioCision and Brooks Automation have formed a strategic alliance to develop an automated temperature-controlled technology for biobanking and sample handling. This research emphasizes strategic alliances between manufacturers, key members of the scientific community and policy makers, which will enhance the development of best practice procedures for biobanks. This will lead to the sharing of non-sensitive data and samples, and contribute to better public health policies.

Biobank is a biorepository for the preservation and collection of biological material used for diagnosis, biodiversity studies, and research. Depending on the aims of research, different biobanks store different kinds of samples such as tissues, blood, serum, DNA, and RNA. The human biobanks work by systematic collection of biological samples from patients and other members of the public. Biobanks significantly vary in size such as biobanks held in medical institutions hold relatively modest number of samples compared with a national biobank, which hold a large number of samples. Biobanks are commonly used to support research of most common types of genetic disorders, for developing personalized medicine, for stem cell research, and for maintaining and updating age demographic databases.

Companies like Beckman Coulter, Tecan, Thermo Fischer Scientific, Askion GmBH, B&C Group, BioBank, BioCryo, BioRep SRL, BioStorage Technologies, Bluechip, Brooks Life Science Systems, Cryo Bio System, CryoXtract, DNA Genotek, Excilone, Fluidx, Indivumed, LVL Technologies, Micronic, Promega, QIAGEN, RURO, Seralab, SOL Group, Tissue Solutions, Trans-Hit Biomarkers and Wildcat Laboratory Solutions are mentioned in this research on biobanking market available for purchase at http://www.rnrmarketresearch.com/contacts/purchase?rname=336443 .

Personalized medicine allows drugs to be developed according to the genetic makeup of a person. Biobanks store the data related to a person's genetic characteristics, which can be accessed by the scientist for research and drug discovery.

Further, the report states that lack of sustainability and bankruptcy leading to the closing down of several biobanks is an important challenge that the market faces. Numerous studies have shown that people's perception is positive when the research is carried out for study but is negative when commercial entities are involved.

The Global Biobanking market can be divided into two segments: Equipment and Consumables. This report covers the present scenario and the growth prospects of the Global Biobanking market for the period 2015-2019.

The report, Global Biobanking Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Another research titled Complete 2015-16 Global Cord Blood Banking Industry Report not only explores awareness rates, but includes a 40-question, 52-page survey explores topics that include how to strategically position products, effectively educate parents, prioritize marketing budget, and understand why parents bank publicly, privately, or not at all. With responses from 600+ recent and expectant parents worldwide, this comprehensive survey will substantially improve readers' ability to position cord blood banking services. The report is designed to guide the decision-making of cord blood banks worldwide, as well as to advise private, corporate, and institutional investors entering into this market.

On a similar note, the Blood & Organ Bank Lines World Report gives market consumption / products / services for Over 200 Countries by 6 to 10-Digit Naics Product Codes by 3 Time Series: From 1997- 2015 And Forecasts 2016-2023 & 2023-2028. 18 Products/Markets Covered, 2174 Pages, 9682 Spreadsheets, 9712 Database Tables, 597 Illustrations. Updated Monthly. 12 Month After-Sales Service. Data Includes Market Consumption by Individual Product / Service, Per-Capita Consumption, Marketing Costs & Margins, Product Launch Data, Buyers, End Users & Customer Profile, Consumer Demographics. Historic Balance Sheets, Forecast Financial Data, Industry Profile, National Data. 59 Market Research Chapters. Spreadsheet Chapters: Market Consumption - in US$ by Country by Product/Service by Year. Market, Financial, Competitive, Market Segmentation, Industry, Critical Parameters, Marketing Costs, Markets, Decision Makers, Performance, Product Launch. World & National Report Market Database & Spreadsheets. Financial Spreadsheets & Databases. Industry Spreadsheets & Databases. Complete report is available at http://www.rnrmarketresearch.com/blood-organ-bank-lines-world-report-market-report.html . This Report Is Also Available As 9 Regional Reports: Canada and The USA, Central America (31 Countries), South America (13 Countries), Europe (45 Countries), Eurasia (4 Countries), Middle East (19 Countries), Africa (54 Countries), Asia (48 Countries), and Oceania (20 Countries). This Report Is Also Available for Individual Countries.

Explore more reports on the healthcare market at http://www.rnrmarketresearch.com/reports/life-sciences/healthcare .

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