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.
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.
In 2018, the global Cryogenic Biobanking Services market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Cryogenic Biobanking Services status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Cryogenic Biobanking Services development in United States, Europe and China.
The key players covered in this study
Coriell Institute For Medical Research
Custom Biogenic Systems
Market segment by Type, the product can be split into
Alarms And Monitoring System
Cryogenic Storage Systems
Market segment by Application, split into
Market segment by Regions/Countries, this report covers
Central & South America
The study objectives of this report are:
To analyze global Cryogenic Biobanking Services status, future forecast, growth opportunity, key market and key players.
To present the Cryogenic Biobanking Services development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Cryogenic Biobanking Services are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.