Biobanking: Technologies - A Global Market Watch, 2009-2015

With a CAGR of 7.9%, global market value for biorepositories market is anticipated to be worth US$23.9 billion by 2015. On a global scale, North America accounts for more than 30% of the market. While US accounts for the highest share of the global market value on a country basis, India and China surpasses the US in terms of growth rate anticipated in the near future and leads the world. Among the technologies used, biomarkers accounts for the largest share of nearly 40% and is fastest growing market. RFID & Tagging represents the second highest growing rate. Automated Liquid Handling market is anticipated to reach US$3.2 billion by 2015. Biospecimen Dry-State Storing is expected to attain US$2.4 billion market value by 2015 with a CAGR of 8.3%.