North America Clinical Trial Biorepository & Archiving Solutions Market Size & Outlook

The clinical trial biorepository & archiving solutions market in North America is expected to reach a projected revenue of US$ 3,179.7 million by 2030. A compound annual growth rate of 7.3% is expected of North America clinical trial biorepository & archiving solutions market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,944.4
Forecast, 2030 (US$M)
$3,179.7
CAGR, 2024 - 2030
7.3%
Report Coverage
North America

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

North

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North America clinical trial biorepository & archiving solutions market highlights

  • The North America clinical trial biorepository & archiving solutions market generated a revenue of USD 1,944.4 million in 2023.
  • The market is expected to grow at a CAGR of 7.3% 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.
  • Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.


North America data book summary

Market revenue in 2023USD 1,944.4 million
Market revenue in 2030USD 3,179.7 million
Growth rate7.3% (CAGR from 2023 to 2030)
Largest segmentBiorepository services
Fastest growing segmentBiorepository Services
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 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, North America region accounted for 48.4% of the global clinical trial biorepository & archiving solutions market in 2023.
  • Globally, North America 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 1,211.9 million by 2030.

Biorepository services was the largest segment with a revenue share of 66.35% in 2023. Horizon Databook has segmented the North America 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.


North America accounts for the highest number of clinical trials, which is a major driver for growth of clinical trial biorepository & archiving solutions market in this region. Increase in the number of clinical trials & players in clinical trial biorepository & archiving solutions market and availability of advanced technology are among major factors responsible for dominance of this region in clinical trial biorepository & archiving solutions market.

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Clinical Trial Biorepository & Archiving Solutions Market Companies

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North America clinical trial biorepository & archiving solutions market size, by country, 2018-2030 (US$M)

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

North America clinical trial biorepository & archiving solutions market size, by country, 2018-2030 (US$M)

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