Asia-Pacific Biobanks Market Worth USD 66.06 million by 2023
Asia Pacific biobanks market is expected to increase at a CAGR of 8.56% in the forecast period of 2018-2023 and reach a value of USD 66.06 million by 2023 from USD 43.81 million in 2018
(EMAILWIRE.COM, July 30, 2018 ) A Biobank is a type of biorepository that stores biological samples (usually human) for use in research. Since the late 1990s biobanks have become an important resource in medical research, supporting many types of contemporary research like genomics and personalized medicine.
Asia Pacific Biobanks give researchers access to data representing a large number of people. Samples in biobanks and the data derived from those samples can often be used by multiple researchers for cross purpose research studies. For example, many diseases are associated with single-nucleotide polymorphisms, and performing genome-wide association studies using large collections of samples which represent tens or hundreds of thousands of individuals can help to identify disease biomarkers.
Get a comprehensive overview of the Biobanks Market: http://www.marketdataforecast.com/market-reports/asia-pacific-biobanks-market-488/
Biobanks Market: Drivers & Restraints
The low productivity rate of pharmaceutical industry in regard of new drug approvals have led to the growth of this market. The vision of personalized medicine is also endorsed for the growth of this market. However, the market is restrained by the factors like storage and handling problems, regulatory issues, low adoption rate and cost competitive procedures.
Get accurate market forecast and analysis on the Biobanks Market. Request a sample to stay up-to-date on the main trends affecting this market: http://www.marketdataforecast.com/market-reports/asia-pacific-biobanks-market-488/request-sample
Biobanks Market: Segmentation
By Product Type
· Equipment’s
o Temperature control systems
o Incubators
o Centrifuges
o Alarm and Monitoring systems
o Accessories
o Other Equipment
· Consumables
By Sample Type
· Human Tissues
· Stem Cells
· DNA or RNA
· Bio-fluids
· Others
By Application
· Therapeutic Applications
· Research Applications
· Clinical Trials
From simple data collation through secondary and primary research to ad-hoc research requests relating to specific information, we provide our services via customization. Get customization at http://www.marketdataforecast.com/market-reports/asia-pacific-biobanks-market-488/customize-report
Biobanks Market: Overview
The main reasons being the rapid growth in population, increase in chronic diseases which can be diagnosed or studied using the help of biobanks for the growth of market. e human tissues section is expected to account for the highest market share of approximately 65% during the forecast period
Biobanks Market: Region-wise Outlook
Geographically this market is categorized into regions of China, India, Japan, South Korea and Australia. China and Japan hold the major share in the market due to rapid technological advancements and increasing funds in R&D department. India is the fastest growing one due to increasing adoption rate. Government policies and funding for modernizing healthcare industry will provide a strong boost to the Asia-Pacific biobank market.
Key Questions Answered
· What is the current and future Biobanks Market outlook in Asia-Pacific? What trends are affecting the market?
· What is the competitive landscape and market share of major players in the Biobanks Market space in Asia-Pacific?
· What are the key, high growth markets that Biobanks Market manufacturers should expand into? Which market segments are growing the fastest?
· What are the unmet needs with the Biobanks currently on the market? How will emerging technologies fulfil these unmet needs?
· What is patient perception and market outlook of Biobanks?
· What are the challenges and barriers that have hindered widespread adoption of Biobanks?
Biobanks Market: Key Players
Some of the major companies dominating the market, by their products include Beckman Coulter, Tecan group, Taylor- Wharton, Panasonic biomedical, Teva pharmaceuticals, Biolife solutions, Custom biogenic systems, Princeton cryotech, Fluidx, Tissue solutions, Wildcat laboratory solutions, Micronik and Brooks life science systems.
Reasons to buy Biobanks Market Report:
• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
• Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
• A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Asia Pacific Biobanks give researchers access to data representing a large number of people. Samples in biobanks and the data derived from those samples can often be used by multiple researchers for cross purpose research studies. For example, many diseases are associated with single-nucleotide polymorphisms, and performing genome-wide association studies using large collections of samples which represent tens or hundreds of thousands of individuals can help to identify disease biomarkers.
Get a comprehensive overview of the Biobanks Market: http://www.marketdataforecast.com/market-reports/asia-pacific-biobanks-market-488/
Biobanks Market: Drivers & Restraints
The low productivity rate of pharmaceutical industry in regard of new drug approvals have led to the growth of this market. The vision of personalized medicine is also endorsed for the growth of this market. However, the market is restrained by the factors like storage and handling problems, regulatory issues, low adoption rate and cost competitive procedures.
Get accurate market forecast and analysis on the Biobanks Market. Request a sample to stay up-to-date on the main trends affecting this market: http://www.marketdataforecast.com/market-reports/asia-pacific-biobanks-market-488/request-sample
Biobanks Market: Segmentation
By Product Type
· Equipment’s
o Temperature control systems
o Incubators
o Centrifuges
o Alarm and Monitoring systems
o Accessories
o Other Equipment
· Consumables
By Sample Type
· Human Tissues
· Stem Cells
· DNA or RNA
· Bio-fluids
· Others
By Application
· Therapeutic Applications
· Research Applications
· Clinical Trials
From simple data collation through secondary and primary research to ad-hoc research requests relating to specific information, we provide our services via customization. Get customization at http://www.marketdataforecast.com/market-reports/asia-pacific-biobanks-market-488/customize-report
Biobanks Market: Overview
The main reasons being the rapid growth in population, increase in chronic diseases which can be diagnosed or studied using the help of biobanks for the growth of market. e human tissues section is expected to account for the highest market share of approximately 65% during the forecast period
Biobanks Market: Region-wise Outlook
Geographically this market is categorized into regions of China, India, Japan, South Korea and Australia. China and Japan hold the major share in the market due to rapid technological advancements and increasing funds in R&D department. India is the fastest growing one due to increasing adoption rate. Government policies and funding for modernizing healthcare industry will provide a strong boost to the Asia-Pacific biobank market.
Key Questions Answered
· What is the current and future Biobanks Market outlook in Asia-Pacific? What trends are affecting the market?
· What is the competitive landscape and market share of major players in the Biobanks Market space in Asia-Pacific?
· What are the key, high growth markets that Biobanks Market manufacturers should expand into? Which market segments are growing the fastest?
· What are the unmet needs with the Biobanks currently on the market? How will emerging technologies fulfil these unmet needs?
· What is patient perception and market outlook of Biobanks?
· What are the challenges and barriers that have hindered widespread adoption of Biobanks?
Biobanks Market: Key Players
Some of the major companies dominating the market, by their products include Beckman Coulter, Tecan group, Taylor- Wharton, Panasonic biomedical, Teva pharmaceuticals, Biolife solutions, Custom biogenic systems, Princeton cryotech, Fluidx, Tissue solutions, Wildcat laboratory solutions, Micronik and Brooks life science systems.
Reasons to buy Biobanks Market Report:
• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
• Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
• A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Contact Information:
Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
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Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results