Biorepositories: Applications & Ownership - A Global Market Watch, 2009-2015

Axis Research Mind
November 7, 2011
771 Pages - SKU: OFAR3797836
Countries covered: Global

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. Share of stem cells market in Biorepositories is forecasted to become nearly 30% by 2015, with a massive CAGR of 18.7%. Among the segments, blood Products market is expected to reach US$2.8 billion. Our analysis indicates that human and veterinary uses would worth US$2.6 billion and US$2.8 billion, respectively by 2015. Private Banks are forecasted to be the fastest growing markets over the Public Banks. Asia-Pacific and Europe leads in terms of CAGR among the regions considered. On further classification, Population-Based Banks are the fastest growing segment followed by Academics and Disease-Based Banks respectively.



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