PUBLISHER: The Business Research Company | PRODUCT CODE: 1939338
PUBLISHER: The Business Research Company | PRODUCT CODE: 1939338
Biobank equipment refers to specialized tools and systems designed for the collection, processing, and preservation of biological samples under controlled conditions to maintain their long-term integrity. It enables accurate and efficient sample management, ensuring high-quality samples for future research and analysis. Biobank equipment improves data reliability and traceability, supporting consistent and reproducible scientific results.
The primary product types of biobank equipment include cryogenic storage systems and alarm and monitoring systems. Cryogenic storage systems are specialized units used to preserve biological samples at extremely low temperatures, ensuring their long-term stability and integrity. The sample types include blood products, human tissue, umbilical cord blood stem cells, deoxyribonucleic acid (DNA), and cell lines, and the storage systems include automated biobanking systems, manual biobanking systems, hybrid biobanking systems, modular storage systems, and compact storage systems. It is utilized in various applications such as regenerative medicine, life science research, clinical research, and others and is employed by multiple end-users including biobanks and biorepositories, pharmaceutical and biotechnology companies, academic and research institutions, and hospital and diagnostic centers.
Tariffs on imported cryogenic freezers, alarm systems, and automated storage equipment have raised costs for biobanks, research institutes, and hospitals, particularly in North America and Europe. Products such as automated biobanking systems and modular storage units are most affected. On the positive side, tariffs have encouraged local production, innovation in cost-effective storage solutions, and accelerated adoption of digital monitoring and data management technologies in regional biobanking operations.
The biobank equipment market research report is one of a series of new reports from The Business Research Company that provides biobank equipment market statistics, including biobank equipment industry global market size, regional shares, competitors with a biobank equipment market share, detailed biobank equipment market segments, market trends and opportunities, and any further data you may need to thrive in the biobank equipment industry. This biobank equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The biobank equipment market size has grown strongly in recent years. It will grow from $4.18 billion in 2025 to $4.58 billion in 2026 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed to growing biobanking initiatives, rising clinical research activity, manual sample handling inefficiencies, need for traceable sample storage, increasing genomics research.
The biobank equipment market size is expected to see strong growth in the next few years. It will grow to $6.5 billion in 2030 at a compound annual growth rate (CAGR) of 9.2%. The growth in the forecast period can be attributed to adoption of automated and hybrid biobanking systems, integration of ai and cloud analytics, expansion of regenerative medicine research, rising demand for cell and dna storage, technological innovation in cryogenic systems. Major trends in the forecast period include AI-enhanced sample management systems, iot-enabled cryogenic monitoring, automated biobanking platforms, cloud-based data tracking systems, high-throughput sample storage solutions.
The rising demand for personalized medicine is anticipated to boost the growth of the biobank equipment market in the coming years. Personalized medicine is a medical approach that tailors treatment and prevention strategies according to individual variations in genes, environments, and lifestyles. The growing adoption of personalized medicine is supported by advancements in genomic sequencing technologies and data analytics, enabling healthcare providers to create more precise diagnostic tools and targeted therapies for specific patients. Biobank equipment plays a vital role in personalized medicine by efficiently preserving and managing biological samples containing essential genetic and molecular information, allowing researchers to study individual differences, identify biomarkers, and develop patient-specific therapies. For example, in February 2024, according to the Personalized Medicine Coalition, a US-based hospital and healthcare organization, in 2023, the FDA approved 16 new personalized treatments for rare disease patients, an increase from six in 2022. Therefore, the rising demand for personalized medicine is driving the expansion of the biobank equipment market.
Leading companies in the biobank equipment market are focusing on introducing next-generation automated storage systems to enhance sample preservation and meet the increasing demand for personalized medicine. Automated storage systems are advanced solutions that manage, store, and retrieve biological samples with minimal human intervention, ensuring accurate handling, high security, and reliable preservation through the use of robotics and digital controls to maintain sample integrity and traceability. For instance, in February 2024, Azenta Inc., a US-based provider of life sciences solutions, launched the BioArc Ultra, a next-generation automated ultracold storage solution offering high-density, eco-friendly sample management for biorepositories. It enables efficient automated sample handling at -80°C using an innovative refrigeration system with zero ozone depletion potential and zero global warming potential. The BioArc Ultra significantly lowers power usage and space requirements compared to traditional systems, improving energy efficiency and sustainability in large-scale biological sample storage operations.
In November 2024, Standex International Corporation, a US-based industrial growth company, acquired Custom Biogenic Systems for $6.2 million. This acquisition aims to strengthen Standex International's Scientific business segment by incorporating Custom Biogenic Systems' advanced cryogenic storage and refrigeration technologies. The acquisition broadens Standex's presence in the pharmaceutical and biobank markets while expanding its technology portfolio with liquid nitrogen and controlled-rate freezer systems. Custom Biogenic Systems is a US-based manufacturer of biobank equipment.
Major companies operating in the biobank equipment market are Thermo Fisher Scientific Inc., Merck KGaA Darmstadt Germany, Becton Dickinson and Company, Agilent Technologies Inc., Revvity Inc., PHC Holdings Corporation, QIAGEN N.V., Eppendorf SE, Tecan Group Ltd., Bio-Techne Corporation, Hamilton Company, Azenta Life Sciences Inc., Promega Corporation, BioLife Solutions Inc., Standard BioTools Inc., SPT Labtech Ltd, LabVantage Solutions Inc., Izon Science Limited, askion GmbH, Custom Biogenic Systems Inc., Zhongke Meiling Cryogenics Co. Ltd.
North America was the largest region in the biobank equipment market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the biobank equipment market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the biobank equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The biobank equipment market consists of sales of sample storage freezers, centrifuges, biospecimen tracking systems, and temperature monitoring devices. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Biobank Equipment Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses biobank equipment market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for biobank equipment ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The biobank equipment market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
Added Benefits available all on all list-price licence purchases, to be claimed at time of purchase. Customisations within report scope and limited to 20% of content and consultant support time limited to 8 hours.