Global Biobanking Market CAGR Growth of 8% by 2019 - Trends, Technologies & Opportunities Report 2016-2020 - Key Vendors: Askion, B&C Group, BioBank

DUBLIN, March 7, 2016 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/wvpzkt/global_biobanking) has announced the addition of the "Global Biobanking Market 2016-2020" report to their offering.

This report predicts the global biobanking market to grow steadily at a CAGR of approximately 8% during the forecast period.

Commenting on the report, an analyst from Technavios team said: The in-house sampling testing and storage solutions can reduce the overall processing time and costs for manufacturers. A contract testing laboratory can take approximately three days for sampling and providing results, whereas in-house testing can reduce that time to 30 minutes. This process will decrease the cost per sample by nearly 40%. Most manufacturers perform in-house analytical testing to avail quick results.

According to the report, automating biobanking workflow will benefit biobanks by maintaining integrity and quality in long-term samples, minimizing manual errors, improving the workflow efficiency, and enabling long-term cost-effectiveness. Automation minimizes manual errors such as mislabeling or inaccurate sample barcoding and improves the technical efficiency. Further, it plays a vital role in blood fractionation, DNA extraction, labeling, and capping techniques.

Questions Answered:

• What will the market size and the growth rate be in 2020
• What are the key factors driving the global biobanking market
• What are the key Market trends impacting the growth of the global biobanking market
• What are the challenges to market growth
• Who are the key vendors in this market space

Companies Mentioned:

• Beckman Coulter
• Tecan
• Thermo Fischer Scientific
• Askion GmBH
• B&C Group
• BioBank
• BioCryo
• BioRep SRL
• BioStorage Technologies
• Bluechip
• Brooks Life Science Systems
• Cryo Bio System
• CryoXtract
• DNA Genotek
• Excilone
• Fluidx
• Indivumed
• LVL Technologies
• Micronic
• Promega
• QIAGEN
• RURO
• Seralab
• SOL Group
• Tissue Solutions
• Trans-Hit Biomarkers
• Wildcat Laboratory Solutions

Report Structure:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Biobanks: An overview

PART 06: Storage conditions for samples

PART 07: Market landscape

PART 08: Biobank funding and financial sustainability

PART 09: Harmonization of biobanking

PART 10: Market segmentation by product

PART 11: Market segmentation by sample type

PART 12: Geographical segmentation

PART 13: Market drivers

PART 14: Impact of drivers

PART 15: Market challenges

PART 16: Impact of drivers and challenges

PART 17: Market trends

PART 18: Vendor landscape

PART 19: Appendix

PART 20: About the Author

For more information visit http://www.researchandmarkets.com/research/wvpzkt/global_biobanking

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