Biobanking Consumables Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 3.2 Billion by 2030, growing at a CAGR of 9.5% from 2024 to 2030.
From 2023 to 2033, the Biobanking Consumables Market outlook is expected to evolve with the changing needs of healthcare, pharmaceutical, and research industries. The market demand is anticipated to rise, especially in the Asia-Pacific region, where an increase in biobanking infrastructure and investment in biotechnology is evident. The adoption of automation in sample processing, transportation, and storage is predicted to further enhance market growth. As the demand for samples, such as stem cells, blood, and tissue, continues to increase, the market is witnessing a significant shift in the types of consumables required, including specialized tubes, vials, and cryogenic storage solutions.
As of the early 2020s, there was a noticeable shift toward the adoption of more sophisticated biobanking solutions that enable long-term storage and preservation of biological samples in their most viable form. This trend is expected to continue, with an increasing focus on reducing contamination risks, improving storage efficiency, and enhancing data management systems. The market for biobanking consumables is projected to grow steadily with the rising number of pharmaceutical and biotechnology companies investing in research and clinical trials, leading to a greater need for sample management solutions.
The demand for biobanking consumables, such as cryopreservation equipment and sample tracking systems, is also growing. Innovations in temperature control and automated handling systems are helping to maintain the integrity of valuable biological samples. Market players are increasingly focused on developing sustainable and cost-effective solutions to meet the growing demand for sample storage in clinical and research settings.
Get an In-Depth Research Analysis of the Global Biobanking Consumables Market Size And Forecast [2025-2032]
Biobanking Consumables Market has experienced significant growth from 2018 to 2022, driven by the increasing demand for biological sample storage, advancements in healthcare research, and a surge in personalized medicine. The market is expected to see continued expansion due to the rise in biobanks for research purposes, regulatory support, and collaborations between research institutions and biobanking organizations. Several factors, including technological innovations and increasing focus on precision medicine, are contributing to the surge in demand for biobanking consumables.
Brooks Automation
TTP Labtech
VWR
Promega
Worthington Industries
Chart
BD
IMV Technologies
Thermo Fisher
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Biobanking Consumables Market
Regenerative Medicine
Life Science
Clinical Research
Based on Types the Market is categorized into Below types that held the largest Biobanking Consumables market share In 2023.
Blood Products
Human Tissues
Cell Lines
Nucleic Acids
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Biobanking Consumables Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Biobanking Consumables Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Biobanking Consumables Market, By Type
6. Global Biobanking Consumables Market, By Application
7. Global Biobanking Consumables Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Biobanking Consumables Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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