Medical Health & Life Science Research News

New report: Middle East and Africa's biobanks market is growing at a fair pace and is estimated to reach USD 62 billion with a CAGR of 11% during 2018-2024

Medical Market Research

The report “Middle East And Africa Biobanks Market," the middle east and Africa biobanks market is expected to reach USD 62 Billion by the year 2024, at a CAGR of 11% during forecast period.

Major factors that are driving the market growth due to rapid growth in population increase in chronic diseases, and advancements in bio banking techniques. However, surveillance issues and storage problems hinder the growth of the Middle East & Africa biobanks market.

The biobank is a type of biorepository which stores the biological samples, usually humans for use in future research. These biobanks play a vital role in drug discovery and disease research.

Biobanks give access to samples which are collected by doctors for their own research studies. These storages may range from a refrigerator to warehouse, hospitals, universities and pharmaceutical companies.

Reasons To Access This Report
This report contains the in-depth analysis on the market and the estimations are done using volume and value data are further validated on three approaches including bottom-up, top-down and from top companies revenues to conclude the market estimations precisely and accurately considering all the parameters and market dynamics.

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Key pointers in the report include:

  • Competitive landscape & market analysis is included in the report to understand the key companies’ position and Porter's Analysis & PESTLE analysis to perform to analyze the impact of drivers, restraints, challenges and constraints on the market during the next five years.
  • Team of analysts have analyzed and listed out the key drivers, constraints, challenges and emerging opportunities in all the industry verticals which will specify the emerging scope for the market in end user industries.
  • Industry value chain analysis is provided in the report to identify the key stakeholders and prominent players at each stage of the company along with the value addition at each stage of the value chain.
  • Complete analysis including global and regional trends, technological developments, and new product innovations are included in the report specific to each and every segment of the market.
  • A complete 360 degree analysis is provided in the report on key companies’ product portfolio, business portfolio, developmental strategies, and key developments from the companies in the historical period.
  • Advanced customizations on countries, specific applications in end user industries, product based customizations will be provided based on the request.
  • All the collected data is further validated and verified using surveys, interviews and interactions with industrial experts.

Middle East And Africa Biobanks Market Top Players

  • BioCision
  • CryoXtract
  • Taylor-Wharton
  • Cryo BioSystems
  • Beckman Coulter
  • DNA Genotek Inc.
  • Core Dynamics Ltd.
  • Covance Inc.
  • Thermo Fisher Scientific Inc.
  • Tissue Solutions
  • Hamilton Company
  • Qiagen N.V.

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