World Human Biobanking Equipment Sector to Post 8.85% CAGR to 2020, States Axis Research Mind in In-demand Report Available at MarketPublishers.com23 May 2016 • by Natalie Aster
LONDON – The human biobanking equipment industry is gaining fast momentum, mainly underpinned by the growth of the sectors such as bio-refrigerators and bio-freezers; the market is projected to register 8.85% CAGR through to 2020, fuelled by increased demand worldwide and especially in the emerging countries. Biobanking media will likely reach a value of USD 1.6 billion by 2018. The human biobanking industry had pulled the attention toward biotechnology and environmental & life sciences.
Geography-wise, APAC is set to expand at the highest CAGR of 10.09% over the next 5 years. The European region is not miles behind with a 9.34% CAGR, with North America following after with a CAGR of 8.44%.
In-demand research report “Human Biobanking Equipment - Global Trends, Estimates and Forecasts, 2014-2020” elaborated by Axis Research Mind draws up an all-encompassing picture of the marketplace on a global level.
The research study gives an insightful overview of the latest trends in the worldwide human biobanking industry with a perceptive endeavor to disclose the prospects for the upcoming years. The report provides detailed market segmentation based on media and equipment. A deep analysis on a geographical basis offers strategic business intelligence for life science industry investments. The report, in particular, provides a burning discussion of the emerging market trends; sheds light on the versatile advances in the technological market space; examines the market demand of the segments based on region; reveals key growth areas and estimates the market size; as well as presents an analysis of the competitive landscape. It identifies more than 1250 dominant market participants and profiles the top 107 companies whose industry activities are set to improve in the short run. Furthermore, the report discusses key strategic activities in the sector including M&As, collaborations and/or partnerships, product developments and/or new product launches.
Regions covered include North America, Europe, APAC and RoW. The market growth rate in the leading economies like the USA, Japan, China, among others, are estimated and forecasted individually for the years to come.
The study features historical figures (2011-2015), and contains in-depth market forecas to 2018.
More reports by the publisher can be found at Axis Research Mind page.