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Cryogenic Biobanking Services - Industry Market Research Report

  • December 2015
  • -
  • Ibisworld
  • -
  • 30 pages

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Healthy future: Despite the mounting likelihood of new regulation, industry revenue will grow



Abstract

Cryogenic Biobanking Services

Over the past decade, patient-centric research has become the norm. As a result, the Cryogenic Biobanking Services industry has exhibited robust growth in line with offering biospecimen storage options for particular patient demographics, including genetic or environment characteristics. In the coming years, the industry is expected to grow, albeit considerably slower than the previous period. Over the next five years, many cryogenic biobanks will attempt to strengthen their repository of biospecimens from healthy donors, thus allowing these biobanks to observe changes in donors' health over time.

This industry operates cryogenic storage facilities used to archive biological samples used for research. Biobanks, or repositories that store these biological samples, are used in hospitals, universities, nonprofit organizations and pharmaceutical companies.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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