Europe Biobanks Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 6.50 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Biobanks Market Analysis
Stem cell practices are on the rise in European countries and are contributing to the development of new solutions for various diseases. Several advancements have been made in regenerative medicine through stem cell technology over the past decade. Thus, it has become one of the vital treatment methods for diseases, such as Alzheimer's, diabetes, cancer, and rare genetic diseases. To benefit from the existing therapies, umbilical cord cells and other stem cells are preserved in Biobanks. The European Science Foundation (ESF) has been an active player in advancements made in stem cell and regenerative medicine research and in providing new treatments for incurable diseases and opportunities. With the increase in awareness about stem cell therapies, there have been a larger number of parents, who choose umbilical cord banks for their children. Biobanks not only aid in the therapies for genetic diseases, but also in medical research on rare genetic disorders. However, other factors such as rising burden of chronic diseases and R&D funding and investments by government and non-governmental organizations are also expected to drive the market in the forecast period.
Europe Biobanks Market Trends
This section covers the major market trends shaping the Europe Biobanks Market according to our research experts:
Alarm Monitoring Systems Segment is Expected to Show Better Growth in the Forecast Years
Based on Equipment, it is segmented into cryogenic storage system, alarm monitoring systems and other equipments. Stem cell banking is considered as one of the most promising and emerging fields. The cryogenic storage systems, freezers, refrigerators, and all other storage devices in a biobank require continuous monitoring of various processes. This is effectively done only with an alarm monitoring system. Alarms are used at various stages, from filling to continuous monitoring of temperature. Hence, with advancements in technology and the rising adoption of automated storage systems, there is high demand for automated alarm monitoring devices, which is expected to fuel the market growth.
Europe Biobanks Industry Overview
The market is competitive and with the entrance of key players, the market is expected to grow due to increased competition amongst the existing players. For instance, Atlanta Biologicals Inc. (Bio-Techne Corporation), Becton, Dickinson and Company, BioLifeSolutions Inc., Hamilton Company, Qiagen N.V, , Stemcell Technologies Inc., Thermo Fisher Scientific, etc. are providing these products across the globe.
Europe Biobanks Market Leaders
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BioLifeSolutions Inc.
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Hamilton Company
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Sigma-Aldrich Inc. (Merck KGaA)
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Thermo Fisher Scientific Inc.
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VWR International LLC
*Disclaimer: Major Players sorted in no particular order
Europe Biobanks Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
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4.2 Market Drivers
- 4.2.1 Advancements in Stem Cell and Regenerative Medicine Research
- 4.2.2 Rising Burden of Chronic Diseases
- 4.2.3 R&D Funding and Investments by Government and Non-Governmental Organizations
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4.3 Market Restraints
- 4.3.1 Regulatory Issues
- 4.3.2 Cost Constraints
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4.4 Porter's Five Forces Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Buyers/Consumers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 Equipment
- 5.1.1 Cryogenic Storage Systems
- 5.1.1.1 Refrigerators
- 5.1.1.2 Ice Machines
- 5.1.1.3 Freezers
- 5.1.2 Alarm Monitoring Systems
- 5.1.3 Other Equipment
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5.2 Media
- 5.2.1 Optimized Media
- 5.2.2 Non-optimized Media
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5.3 Services
- 5.3.1 Human Tissue Biobanking
- 5.3.2 Stem Cell Biobanking
- 5.3.3 Cord Banking
- 5.3.4 DNA/RNA Biobanking
- 5.3.5 Other Services
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5.4 By Application
- 5.4.1 Regenerative Medicine
- 5.4.2 Drug Discovery
- 5.4.3 Disease Research
6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
- 6.1.1 Atlanta Biologicals Inc. (Bio-Techne Corporation)
- 6.1.2 Becton, Dickinson and Company
- 6.1.3 BioLifeSolutions Inc.
- 6.1.4 Chart Industries Inc.
- 6.1.5 Hamilton Company
- 6.1.6 Qiagen NV
- 6.1.7 Sigma-Aldrich Inc. (Merck KGaA)
- 6.1.8 STEMCELL Technologies Inc.
- 6.1.9 Thermo Fisher Scientific Inc.
- 6.1.10 VWR International LLC
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityEurope Biobanks Industry Segmentation
As per the scope of the report, Biobanks are the bio-repository, wherein various biomaterials (usually human specimens) are stored for research purposes. This study targets gaining a detailed overview of the market dynamics of the contemporary biobank market during the forecast period.
| Equipment | Cryogenic Storage Systems | Refrigerators |
| Ice Machines | ||
| Freezers | ||
| Equipment | Alarm Monitoring Systems | |
| Other Equipment | ||
| Media | Optimized Media | |
| Non-optimized Media | ||
| Services | Human Tissue Biobanking | |
| Stem Cell Biobanking | ||
| Cord Banking | ||
| DNA/RNA Biobanking | ||
| Other Services | ||
| By Application | Regenerative Medicine | |
| Drug Discovery | ||
| Disease Research |
Europe Biobanks Market Research FAQs
What is the current Europe Biobanks Market size?
The Europe Biobanks Market is projected to register a CAGR of 6.5% during the forecast period (2024-2029)
Who are the key players in Europe Biobanks Market?
BioLifeSolutions Inc., Hamilton Company, Sigma-Aldrich Inc. (Merck KGaA), Thermo Fisher Scientific Inc. and VWR International LLC are the major companies operating in the Europe Biobanks Market.
What years does this Europe Biobanks Market cover?
The report covers the Europe Biobanks Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Biobanks Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Europe Biobanks Industry Report
Statistics for the 2024 Europe Biobanks market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Biobanks analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
