Dublin, Dec. 10, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/fzgg3l/global_biobanking) has announced the addition of the "Global Biobanking Market 2016-2020" report to their offering.

The market research analyst predicts the global biobanking market to grow steadily at a CAGR of approximately 8% during the forecast period. The ability of biobanks to aid in the collection, preparation, processing, handling, recovery, storage, and distribution of tissues and cell samples for therapeutic and research purposes are expected to result in this markets impressive growth rate during the forecast period.

This market research report includes a detailed segmentation of the global biobanking market by product type (equipment and consumables) and by sample type (human tissues, stem cells, DNA or RNA, bio-fluids, and others). It also outlines the market shares for key regions such as the Americas, APAC, and EMEA. The key vendors analyzed in this report are Beckman Coulter, BioCision, Taylor-Wharton, Tecan, Thermo Fisher, and VWR.

Geographically, the EMEA region is estimated to account for a market share of approximately 44% during the predicted period. The presence of a well-established biobanking system in the Nordic countries, such as Sweden, Norway, Denmark, Finland, and Iceland, is a significant factor that bolsters market growth in this region during the forecast period.

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.

Further, the report states that lack of standardization of sample collection, transfer, and storage is affecting the quality of samples. As a result, the pressure on the biobanking community is increasing so as to harmonize and standardize biobanking workflow.

Segmentation by sample type and analysis of the biobanking market

- Human tissues
- Stem cells
- DNA or RNA
- Bio-fluids
- Others

Product-type segmentation of the biobanking market

- Equipment
- Consumables

The top vendors in this market are

- Beckman Coulter
- BioCision
- Taylor-Wharton
- Tecan Group
- Thermo Fisher Scientific
- VWR

Key Topics Covered:

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

For more information visit http://www.researchandmarkets.com/research/fzgg3l/global_biobanking

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