Biobanking Industry Future Prospects and Booming Growth 2030
Biobanking Industry Data Book Covers Biobanks, Cell Banking Outsourcing, Cord Blood Banking Services, DNA & RNA Banking Services Markets. Biobanks Market Report Highlights The global biobanks market size was valued at USD 71.4 billion in 2022, and it is expected to reach USD 136.9 billion by 2030, registering a CAGR of 8.6% from 2023 to 2030. The biobanking equipment segment accounted for the maximum revenue share in 2022 owing to the high cost of instruments coupled with an increase in the number of biorepositories The biobanking and repository services segment accounted for the largest revenue share in 2022 due to the higher penetration of these services and the increased need for the preservation of biosamples for developing precision medicine and disease-specific research Human tissues are the most stored sample for clinical research, resulting in the dominance of this sample type in the market The virtual biobanks segment is anticipated to witness the fastest CAGR...