China Clinical Trial Biorepository & Archiving Solutions Market Size & Outlook

The clinical trial biorepository & archiving solutions market in China is expected to reach a projected revenue of US$ 296.3 million by 2030. A compound annual growth rate of 14.9% is expected of China clinical trial biorepository & archiving solutions market from 2024 to 2030.
Revenue, 2023 (US$M)
$112.4
Forecast, 2030 (US$M)
$296.3
CAGR, 2024 - 2030
14.9%
Report Coverage
China

China clinical trial biorepository & archiving solutions market, 2018-2030 (US$M)

China
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China clinical trial biorepository & archiving solutions market highlights

  • The China clinical trial biorepository & archiving solutions market generated a revenue of USD 112.4 million in 2023 and is expected to reach USD 296.3 million by 2030.
  • The China market is expected to grow at a CAGR of 14.9% from 2024 to 2030.
  • In terms of segment, biorepository services was the largest revenue generating service in 2023.
  • Biorepository Services is the most lucrative service segment registering the fastest growth during the forecast period.


Clinical trial biorepository & archiving solutions market data book summary

Market revenue in 2023USD 112.4 million
Market revenue in 2030USD 296.3 million
Growth rate14.9% (CAGR from 2023 to 2030)
Largest segmentBiorepository services
Fastest growing segmentBiorepository Services
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationBiorepository Services, Archiving Solution Services
Key market players worldwideAzenta Inc, Thermo Fisher Scientific Inc, Precision for Medicine, Medpace Holdings Inc, Labcorp Drug Development, ATCC, Q2 Solutions, LabConnect, Charles River Laboratories International Inc


Other key industry trends

  • In terms of revenue, China accounted for 2.8% of the global clinical trial biorepository & archiving solutions market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China clinical trial biorepository & archiving solutions market is projected to lead the regional market in terms of revenue in 2030.
  • China is the fastest growing regional market in Asia Pacific and is projected to reach USD 296.3 million by 2030.

Biorepository services was the largest segment with a revenue share of 66.37% in 2023. Horizon Databook has segmented the China clinical trial biorepository & archiving solutions market based on biorepository services, archiving solution services covering the revenue growth of each sub-segment from 2018 to 2030.


China is one of the lucrative markets for clinical trial biorepository & archiving solutions players owing to its diverse pool of patients and growing pharmaceutical market. Logistics and supply chain is a major challenge in the country, which is discouraging major biopharmaceutical companies from conducting trials in China. The country accounts for 34.83% of global clinical trials conducted as of 2020 and has exhibited lucrative growth in the past 3 years.

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China clinical trial biorepository & archiving solutions market size, by service, 2018-2030 (US$M)

China Clinical Trial Biorepository & Archiving Solutions Market Outlook Share, 2023 & 2030 (US$M)

China clinical trial biorepository & archiving solutions market size, by service, 2018-2030 (US$M)

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