North America Biobank Market Size & Outlook, 2023-2030

The biobank market in North America is expected to reach a projected revenue of US$ 43,081.6 million by 2030. A compound annual growth rate of 7.6% is expected of North America biobank market from 2024 to 2030.
Revenue, 2023 (US$M)
$25,763.2
Forecast, 2030 (US$M)
$43,081.6
CAGR, 2024 - 2030
7.6%
Report Coverage
North America

North America biobank market highlights

  • The North America biobank market generated a revenue of USD 25,763.2 million in 2023.
  • The market is expected to grow at a CAGR of 7.6% 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.
  • Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.

North America data book summary

Market revenue in 2023USD 25,763.2 million
Market revenue in 2030USD 43,081.6 million
Growth rate7.6% (CAGR from 2023 to 2030)
Largest segmentBiobanking equipment
Fastest growing segmentLIMS
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationBiobanking Equipment, Biobanking Consumables, LIMS
Key market players worldwideThermo 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, North America region accounted for 33.6% of the global biobank market in 2023.
  • Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 29,749.6 million by 2030.

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Biobank Market Companies

Name Profile # Employees HQ Website

North America 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 77.4% in 2023. Horizon Databook has segmented the North America biobank market based on biobanking equipment, biobanking consumables, lims covering the revenue growth of each sub-segment from 2018 to 2030.


  • North America 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
    • Biobanking Consumables
    • LIMS
  • North America Biobank Service Outlook (Revenue, USD Million, 2018-2030)
    • Biobanking & Repository
    • Lab Processing
    • Qualification/ Validation
    • Cold Chain Logistics
    • Other Services
  • North America 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
  • North America 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
  • North America Biobank Application Outlook (Revenue, USD Million, 2018-2030)
    • Therapeutics
    • Drug Discovery & Clinical Research
    • Clinical Diagnostics
    • Other Applications

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Target buyers of North America biobank market databook

  • Our clientele includes a mix of biobank market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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 continent-level data and insights on the North America biobank market , including forecasts for subscribers. This continent databook contains high-level insights into North America biobank market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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North America biobank market size, by country, 2018-2030 (US$M)

North America Biobank Market Outlook Share, 2023 & 2030 (US$M)

North America biobank market size, by country, 2018-2030 (US$M)

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