PUBLISHER: QYResearch | PRODUCT CODE: 1871972
PUBLISHER: QYResearch | PRODUCT CODE: 1871972
The global market for Biostorage Service was estimated to be worth US$ 577 million in 2024 and is forecast to a readjusted size of US$ 1368 million by 2031 with a CAGR of 12.6% during the forecast period 2025-2031.
Biostorage services refer to the secure and controlled storage of biological materials such as cells, tissues, blood, DNA, and other biomolecules. These services are crucial for maintaining the viability, stability, and integrity of samples, ensuring their usability for research, clinical, and diagnostic applications. Biostorage facilities utilize specialized equipment like freezers, refrigerators, and liquid nitrogen tanks, along with temperature monitoring systems, to maintain samples at specific, controlled conditions.
With the continuous advancement of precision medicine, multiple application scenarios such as clinical diagnosis and new drug development have put forward higher requirements for the scale of biological samples. Traditional sample management relies on manual work, which is not conducive to the sustainable growth and effective management of the number of biological sample storage. First, there is the possibility of information recording errors or omissions; at the same time, the sample access process needs to be completed manually, and the storage device needs to be opened for manual search. During this process, the low-temperature storage device will produce temperature fluctuations and freeze-thaw cycles, affecting the stability of all samples in the inventory, resulting in a decrease in sample quality. The rapid development of cryogenic storage technology and equipment, and the continuous optimization of intelligent biological sample processing processes have promoted the rapid development of the biological sample storage industry.
In recent years, the construction of biobanks has become a strategic action of major developed countries in Europe and the United States. In 2009, Time Magazine listed the construction of biobanks as one of the top ten plans to change the world in the future. China is a populous country with extremely rich types of diseases and genetic resources in the population. At the same time, it is a multi-ethnic country with diversity and local characteristics of major disease resources, and has inherent advantages in building biobanks.
Biological sample storage institutions have gradually opened up their applications to clinical hospitals, research institutions and technology companies, and accelerated cooperation with other institutions to provide clinical trials and medical translation research services to achieve resource value-added.
With the rapid development of life science and technology, translational medicine that accelerates basic research and clinical treatment plays a huge role in improving people's health and quality of life. Biological sample storage service providers provide large-scale sample resources and long-term storage conditions, which is conducive to promoting the development of industries such as medicine and scientific research.
This report aims to provide a comprehensive presentation of the global market for Biostorage Service, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Biostorage Service by region & country, by Type, and by Application.
The Biostorage Service market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Biostorage Service.
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Biostorage Service company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Biostorage Service in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Biostorage Service in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.