Exploring the Booming Biobanking Market: Opportunities and Challenges
The biobanking industry is expected to witness significant growth and transformation in the near future. Biobanks play a crucial role in collecting, storing, and managing biological samples and associated data for research and healthcare purposes. With the advancements in precision medicine, personalized therapies, and genomic research, the demand for high-quality biological specimens for biomedical...
The Global Biobanking Market: Trends, Growth, and Future Scope
Biobanking Market in terms of revenue was estimated to be worth $2.9 billion in 2023 and is poised to reach $5.0 billion by 2028, growing at a CAGR of 11.4% from 2023 to 2028 according to a new report by MarketsandMarkets™. The global biobanking market is expected to grow at a CAGR of 11.4% during the forecast period. The growth of this market is driven by increasing number of private cord blood...