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Technavio’s market research analyst predicts the global tissue banking market to grow at a CAGR of around 5% by 2020. The market is witnessing several trends such as shift in public perception toward cord tissue and blood storage, improving techniques for the use of cord tissues in cellular therapy, and potential cure for cancers, blood disorders, and immune and genetic diseases. Tissue banks are used for storing umbilical cord tissues and blood, as these contain different types of stem cells, each with the potential to treat various injuries and diseases. Another development gaining grounds in the market is the use of automated tissue banking which plays a vital role in blood fractionation, DNA extraction, labelling, and capping techniques. With the increase in the harmonization of biobanks and research collaboration, the tissue banking market is anticipated to grow positively during the forecast period.
EMEA was the major revenue contributor to the tissue banking market and accounted for around 44% of the total market share during 2015. Much of the region’s growth is due to the presence of many established biobanks that offer tissue samples for research and therapeutic purposes. Several networking programs of tissue banks have resulted in the establishment of new tissue banks providing large sample storage capacity. With the newly established biobanks collaborating with each other to increase the existing tissue banking potentials, the market in this region is anticipated to witness growth in the coming years.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by application
PART 07: Market segmentation by product
PART 08: Market segmentation by tissue
PART 09: Market segmentation by end-user
PART 10: Geographical segmentation
PART 11: Market drivers
PART 12: Impact of drivers
PART 13: Market challenges
PART 14: Impact of drivers and challenges
PART 15: Market trends
PART 16: Vendor landscape
PART 17: Major vendors
PART 18: Appendix
PART 19: Explore Technavio
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