UK Biobank Market Size & Outlook, 2023-2030

The biobank market in UK is expected to reach a projected revenue of US$ 14,870.3 million by 2030. A compound annual growth rate of 11.2% is expected of UK biobank market from 2024 to 2030.
Revenue, 2023 (US$M)
$7,089.7
Forecast, 2030 (US$M)
$14,870.3
CAGR, 2024 - 2030
11.2%
Report Coverage
UK

UK biobank market highlights

  • The UK biobank market generated a revenue of USD 7,089.7 million in 2023 and is expected to reach USD 14,870.3 million by 2030.
  • The UK market is expected to grow at a CAGR of 11.2% 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 2023USD 7,089.7 million
Market revenue in 2030USD 14,870.3 million
Growth rate11.2% (CAGR from 2023 to 2030)
Largest segmentBiobanking equipment
Fastest growing segmentLIMS
Historical data2018 - 2022
Base year2023
Forecast period2024 - 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, UK accounted for 9.2% 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 Europe, UK biobank market is projected to lead the regional market in terms of revenue in 2030.
  • UK is the fastest growing regional market in Europe and is projected to reach USD 14,870.3 million by 2030.

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Biobank Market Companies

Name Profile # Employees HQ Website

UK 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 77.41% in 2023. Horizon Databook has segmented the UK biobank market based on biobanking equipment, biobanking consumables, lims covering the revenue growth of each sub-segment from 2018 to 2030.


The UK consists of the UK Biobank, a large-scale biomedical database containing the health data of over half a million participants from the country. The database is also regularly updated and is globally accessible to approved researchers. Presence of such databases increases the scope of applications for the data generated from biobanking operations in the country. 

In addition, the UK Biobank supports collaborations between industry experts, academic professionals, charitable foundations, and government entities to drive advancements in health research. 

Key biobanks in the country include Bristol Biobank Bristol, Cardiff University Biobank, Liverpool Research Eye Bank, Multiple Sclerosis and Parkinson's Tissue Bank, Northern Ireland Biobank, and York Tissue Bank, among others. 

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Target buyers of UK 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.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK biobank market , including forecasts for subscribers. This country databook contains high-level insights into UK biobank market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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UK biobank market size, by product, 2018-2030 (US$M)

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

UK biobank market size, by product, 2018-2030 (US$M)

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