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

Axis Research Mind
November 7, 2011
730 Pages - SKU: OFAR3797843
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. 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. Pharmaceuticals account for the largest share of the entire market, driving a CAGR of 8.5% during the analysis period 2009-2015. Biotechnology sees as the fastest growing end-user with a forecast of US$4.9 billion by 2015, with a CAGR of 9.2%. Personal Care and Food and Beverages segments indicate a CAGR of approximate 8% during the period while Petrochemicals are expected to grow with a CAGR of 7%.



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