North America Biobank Equipment Market – Size, Outlook, Trends, and Forecast (2024 – 2032)

Published : 30 Aug 2024

Report Type : Regional

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Description Table of Contents Scope of the Report

North America Biobank Equipment Market - Size

Study Period

2018 - 2030

Base Year For Estimation

2023

Forecast Data Period

2024-2030

Historical Data Period

2018-2021

CAGR

7 %

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

A biobank is a type of biorepository which stores the biological samples, usual humans for research in genetics and microbiology. Biobanking equipment is used to conduct various tests, analysis, researches and for the storage of the samples. In many types of research, biological samples are used to manufacture personalised medicine and to study different types of diseases.

North America Biobank Equipment

North America Biobank Equipment Market - Growth

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Market Segments Size & Growth:

North America Biobank Market is accounted for $ XX billion in 2017 and expected to grow at a CAGR of XX% to reach $XX billion by 2024 during the forecast period 2018-2024. Major factors that are driving the market are increasing demand for precision medicine, research for clinical trials, and advancement in biobanking techniques. However, surveillance issues, storage problem, and the high cost of procedures hinder the growth of the North America biobank market.

North biological fluids arm

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North America Biobank Equipment Market - Porter's Five Force Analysis

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

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