Automated Cryogenic Biobank Market Revenue was valued at USD 1.2 Billion in 2024 and is estimated to reach USD 3.5 Billion by 2033, growing at a CAGR of 13.5% from 2026 to 2033.
In 2022, the global automated cryogenic biobank market was valued at approximately USD 3.2 billion and is projected to reach USD 8.6 billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 11.5% during the forecast period. North America dominated the market with a revenue share of 36.74%, driven by the presence of numerous market players, supportive government legislation, and a high demand for laboratory automation. Europe followed with a significant market share, attributed to its strong focus on biomedical research and innovation. The Asia Pacific region is anticipated to experience the highest CAGR during the forecast period, propelled by rapid advancements in biotechnology and increasing healthcare expenditures. Countries such as China, India, and Japan are investing heavily in biopharmaceutical research and development, boosting the demand for efficient and reliable biobanking solutions. Additionally, the increasing focus on personalized medicine presents significant opportunities for the market, as the preservation of biological samples is crucial for genetic and molecular analyses.
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Haier
MGI
Thermo Fisher Scientific
Origin Cell
Askion Biobanking
Labplan
Liconic
Irelec Alcen
Hamilton
Panasonic Corporation
VWR
Corning
Brooks Life Science
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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. 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 Automated Cryogenic Biobank Market
Cryogenic Freezers
Storage Vessels
Accessories
Stem Cell Storage
Gene Therapy
Embryo & Sperm Storage
Blood Plasma Storage
Human Samples
Animal Samples
Microbial Samples
Plant Samples
Biopharmaceutical Companies
Research Institutes
Hospitals & Diagnostic Centers
Biotechnology Companies
Liquid Nitrogen-Based Cryogenic Systems
Mechanical Freezers
US (United States, US 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 Automated Cryogenic Biobank 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 Automated Cryogenic Biobank Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Automated Cryogenic Biobank Market, By Type
6. Global Automated Cryogenic Biobank Market, By Application
7. Global Automated Cryogenic Biobank Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Automated Cryogenic Biobank Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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