Canada Biobank Market Size & Outlook, 2023-2030
Canada biobank market, 2018-2030 (US$M)
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Canada biobank market highlights
- The Canada biobank market generated a revenue of USD 9,529.7 million in 2023 and is expected to reach USD 16,851.7 million by 2030.
- The Canada market is expected to grow at a CAGR of 8.5% from 2024 to 2030.
- In terms of segment, biobanking equipment was the largest revenue generating product in 2023.
- LIMS is the most lucrative product segment registering the fastest growth during the forecast period.
Biobank market data book summary
| Market revenue in 2023 | USD 9,529.7 million |
| Market revenue in 2030 | USD 16,851.7 million |
| Growth rate | 8.5% (CAGR from 2023 to 2030) |
| Largest segment | Biobanking equipment |
| Fastest growing segment | LIMS |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Biobanking Equipment, Biobanking Consumables, LIMS |
| Key market players worldwide | Thermo Fisher Scientific Inc, Merck KGaA, Qiagen NV, Booz Allen Hamilton Holding Corp Class A, Tecan Group AG, Danaher Corp, Becton Dickinson & Co, Taylor-Wharton, Charles River Laboratories International Inc, Lonza Group Ltd, STEMCELL Technologies, PromoCell GmbH |
Other key industry trends
- In terms of revenue, Canada accounted for 12.4% of the global biobank market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. biobank market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 16,851.7 million by 2030.
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Biobank Market Scope
Biobank Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada 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 77.39% in 2023. Horizon Databook has segmented the Canada biobank market based on biobanking equipment, biobanking consumables, lims covering the revenue growth of each sub-segment from 2018 to 2030.
Canada is home to several biobanks, including the Abdomen/peritoneal mesothelioma biobank, AGE-HIV, Alberta Cancer Research Biobank, Alberta Diabetes Institute IsletCore Edmonton, Alberta Prostate Biorepository, Alberta's Tomorrow Project.
Amplification and Enrichment Platforms for Liquid Biopsy-based Early Prognostication of Cancer, and others. There is also a Neuromuscular Disease Network for Canada located in the country for strengthening the biobanking resources for neuromuscular research.
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Our clientele includes a mix of biobank market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Canada biobank market , including forecasts for subscribers. This country databook contains high-level insights into Canada biobank market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada biobank market size, by product, 2018-2030 (US$M)
Canada Biobank Market Outlook Share, 2023 & 2030 (US$M)
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