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Cryogenic Biobanking Services: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Cryogenic Biobanking Services Market Research Report | NAICS OD4041 | Mar 2017

Healthy future: Despite the mounting likelihood of new regulation, industry revenue will grow

IBISWorld’s Cryogenic Biobanking Services market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 12-17
-0.7%
Annual Growth 17-22
Annual Growth
Profit
Profit
Employment
16,339
Businesses
340
Industry Threats & Opportunities
  • Some biobanking companies have been concerned regarding whether or not they can secure financing
  • It generally takes five years for an industry establishment's revenue to keep pace with costs
  • Over the next five years, cooperation among biobanks will be imperative
  • ... purchase to read more

Industry Analysis & Industry Trends

Over the five years to 2017, patient-centric research has become the norm. As a result, the Cryogenic Biobanking Services industry has exhibited robust growth in line with offering biospecimen storage options for particular patient demographics, including genetic or environment characteristics. Over the next five years, the industry is expected to grow, despite expected increases in government regulation. Many cryogenic biobanks will attempt to strengthen their repository of biospecimens from healthy donors, thus allowing these biobanks to observe changes in donors' health over time, increasing demand for their samples over the five years to 2022 and beyond... ... purchase to read more

Industry Report - Starting a New Business Chapter

The Cryogenic Biobanking Services industry has moderate barriers to entry. The initial financial investment needed to operate within this industry includes high fixed costs in the form of laboratory and storage equipment. Most industry facilities require clean rooms, humidity and temperature controls, automated equipment for cell counting and flow analysis, and access to an on-site or off-site cryogenic storage bunker, which is necessary for long-term storage. As such, these fixed costs can form a formidable deterrent for potential entrants.

New operators also need to contend with a complex regulatory environment. Within the United States, biobanks are subject to federal and state regulations. The.. ... purchase to read more

Additional Insights for the Cryogenic Biobanking Services Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Cryogenic Biobanking Services Industry are

  • Control of distribution arrangements
  • Having a wide and expanding product range
  • Ready access to investment funding
  • IBISWorld analysts also discuss how external factors such as Research and development expenditure and Government funding for universities in the Cryogenic Biobanking Services industry impact industry performance... purchase to read more

     


    Industry ProductsRelated Reports

    What is the Cryogenic Biobanking Services Industry?

    This industry operates cryogenic storage facilities used to archive biological samples used for research. Biobanks, or repositories that store these biological samples, are used in hospitals, universities, nonprofit organizations and pharmaceutical companies.

    Industry Products
    Serum or plasma Solid tissue specimenWhole blood and peripheral blood cellsCell linesUrine and stool Cerebral spinal fluidPathological bodily fluids
     
    Industry Activities
    Blood and blood cell sample storageDNA storageHuman tissue storageSaliva and saliva cell storageCancerous cell storage


    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Research and development expenditure
  • Government funding for universities
  • Regulation
  • Demand from biotechnology
  • Current Performance
  • Robust growth
  • Trials remain
  • Chart: Revenue Growth
  • Industry Outlook
  • Growth continues
  • Ethical regulation
  • Table: Cryogenic Biobanking Services Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Cryogenic Biobanking Services Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Scientific Research & Development
  • Hospitals
  • Public Administration
  • Colleges & Universities
  • Biotechnology
  • Key Selling Industries
  • Data Processing & Hosting Services
  • Heating & Air Conditioning Equipment Manufacturing
  • Medical Device Manufacturing
  • Medical Instrument & Supply Manufacturing
  • Organic Chemical Manufacturing
  • Products & Services
  • Whole blood and peripheral blood cells
  • Serum or plasma
  • Solid tissue specimen
  • Cell lines
  • Urine and stool
  • Cerebral spinal fluid
  • Other
  • Pathological bodily fluids
  • Chart: Cryogenic Biobanking Services Industry Products and Services Segmentation
  • Demand Determinants
    Major Markets
  • Federal government
  • Parent organization
  • Fee-for-service
  • Individuals or foundations
  • Other
  • State funding
  • Clinical and Translational Science Award
  • Specimen sales
  • Chart: Major Market Segmentation for the Cryogenic Biobanking Services Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Cryogenic Biobanking Services
  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Cryogenic Biobanking Services Industry
  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Cryogenic Biobanking Services Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Cryogenic Biobanking Services Industry
  • Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Government funding for universities (2008-2022)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Jargon & Glossary
    Biospecimen
  • Materials from the human body used in cancer and medical research. Biospecimens are stored in biobanks.
  • Cryopreservation
  • Cell and tissue storage technique utilizing sub-zero temperatures.
  • Dna
  • Deoxyribonucleic acid. DNA stores genetic information of humans and other organisms.
  • Genome
  • An organism's hereditary information, stored in the DNA.

  • Why Buy this Report?
    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Cryogenic Biobanking Services:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Cryogenic Biobanking Services market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Cryogenic Biobanking Services, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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