The cryogenic biobanking service industries operate cryogenic storage facilities. These facilities are used to store biological samples such as human blood, organs, tissues and cells that are used in pharmaceutical companies, hospitals, research laboratories and universities. Cryogenic biobanks preserve biological samples such as tissues, cells, saliva, urine, nucleic acid and organs in order to gain long term benefits of these samples. The duration for preservation of biological samples is either short-term or long-term. The main objective behind cryogenic biobanking is to maintain the functionality and stability of biological samples throughout their preservation period. In addition, advanced equipment like liquid nitrogen tanks, freezers, refrigerators, cryogenic vials, cryogenic boxes are commonly used in order to maintain sample stability during storage period.
Scope of the Report:This report studies the Cryogenic Biobanking Services market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Cryogenic Biobanking Services market by product type and applications/end industries.
Geographically, North America is considered to be the largest market of cryogenic biobanking services due to increasing research and development activities in pharmaceutical and biotechnology industries. In addition, rising investment by the U.S. government and non-government organizations in biobanking services will further drive the market growth. Furthermore, increasing number of cancer patients which demands use of biospecimen materials for the treatment of cancer. Cryogenic biobanking is considered as most useful technique for the storage of these biospecimen materials which would ultimately drive the market growth.
The global Cryogenic Biobanking Services market is valued at xx million USD in 2020 and is expected to reach xx million USD by the end of 2026, growing at a CAGR of xx% between 2020 and 2026.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Cryogenic Biobanking Services.
Europe also play important roles in global market, with market size of xx million USD in 2020 and will be xx million USD in 2026, with a CAGR of xx%.
Market Segment by Companies, this report covers Coriell Institute For Medical Research
BioServe Biotechnologies
Sigma-Aldrich
Preservation Solution
Thermogenesis
Custom Biogenic Systems
Stemgent
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Ice Machines
Freezers
Alarms And Monitoring System
Refrigerators
Cryogenic Storage Systems
Accessories
Market Segment by Applications, can be divided into Biobaking
Regenerative Medicine
Drug Discovery
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
