Global Biobank Market Size & Outlook
The biobank industry worldwide is expected to reach a projected revenue of US$ 136,907.3 million by 2030. A compound annual growth rate of 8.6% is expected of the worldwide biobank industry from 2024 to 2030.
Revenue, 2023 (US$M)
$76,743.2
Forecast, 2030 (US$M)
$136,907.3
CAGR, 2024 - 2030
8.6%
Report Coverage
Worldwide
Global biobank market, 2018-2030 (US$M)
Related Markets
Global biobank market highlights
- The global biobank market generated a revenue of USD 76,743.2 million in 2023 and is expected to reach USD 136,907.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 8.6% by 2030.
- In terms of segment, biobanking equipment accounted for a revenue of USD 59,108.1 million in 2023.
- LIMS is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2023.
- Country-wise, Kuwait is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 76,743.2 million |
| Market revenue in 2030 | USD 136,907.3 million |
| Growth rate | 8.6% (CAGR from 2023 to 2030) |
| Largest segment | Biobanking equipment |
| Fastest growing segment | LIMS |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Biobanking Equipment, Biobanking Consumables, LIMS |
Other key industry trends
- In terms of revenue, the North America accounted for 33.6% of the global biobank market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Kuwait is the fastest growing regional market and is projected to reach USD 234.3 million by 2030.
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Biobank Market Scope
Biobank market segmentation & scope
Freezers & Refrigerators
Cryogenic Storage Systems
Thawing Equipment
Biobank Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global biobank market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to biobank market will help companies and investors design strategic landscapes.
biobanking equipment was the largest segment with a revenue share of 77.02% in 2023. Horizon Databook has segmented the Global biobank market based on biobanking equipment, biobanking consumables, lims covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Biobank Product Outlook (Revenue, USD Million, 2018-2030)
- Biobanking Equipment
- Temperature Control Systems
- Freezers & Refrigerators
- Cryogenic Storage Systems
- Thawing Equipment
- Incubators & Centrifuges
- Alarms & Monitoring Systems
- Accessories & Other Equipment
- Temperature Control Systems
- Biobanking Consumables
- LIMS
- Biobanking Equipment
- Global Biobank Service Outlook (Revenue, USD Million, 2018-2030)
- Biobanking & Repository
- Lab Processing
- Qualification/ Validation
- Cold Chain Logistics
- Other Services
- Global Biobank Biospecimen Type Outlook (Revenue, USD Million, 2018-2030)
- Human Tissues
- Organs
- Stem Cells
- Adult Stem Cells
- Embryonic Stem Cells
- IPS Cells
- Other Stem Cells
- Other Biospecimens
- Global Biobank Biobank Type Outlook (Revenue, USD Million, 2018-2030)
- Physical/Real Biobanks
- Tissue Biobanks
- Population Based Biobanks
- Genetic (DNA/RNA)
- Disease Based Biobanks
- Virtual Biobanks
- Physical/Real Biobanks
- Global Biobank Application Outlook (Revenue, USD Million, 2018-2030)
- Therapeutics
- Drug Discovery & Clinical Research
- Clinical Diagnostics
- Other Applications
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Target buyers of Global biobank market databook
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Our clientele includes a mix of biobank market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global biobank market , including forecasts for subscribers. This global databook contains high-level insights into Global biobank market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global biobank market statistics, by regions, 2018-2030 (US$M)
Top 10 countries: Biobank market size, 2023 (USD Million)
Top 10 countries: Biobank market size, 2023 (USD Million)
Global biobank market, by region, 2023 (US$M)
Related regional statistics
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