Biobanks Market

By Media;

Optimized Media and Non-Optimized Media

By Bio Specimen Type;

Organs and Stem Cells

By Services;

Human Tissue Biobanking, Stem Cell Biobanking, Cord Banking, DNA/RNA Biobanking, and Others

By Application;

Regenerative Medicine, Drug Discovery, and Disease Research

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn796891430 Published Date: June, 2025 Updated Date: July, 2025

Biobanks Market Overview

Biobanks Market (USD Million)

Biobanks Market was valued at USD 2,937.51 million in the year 2024. The size of this market is expected to increase to USD 4,625.21 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.7%.


Biobanks Market

*Market size in USD million

CAGR 6.7 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.7 %
Market Size (2024)USD 2,937.51 Million
Market Size (2031)USD 4,625.21 Million
Market ConcentrationMedium
Report Pages378
2,937.51
2024
4,625.21
2031

Major Players

  • AMS Biotechnology Ltd
  • ASKION GmbH
  • Avantor Inc
  • Azenta Inc
  • Bay Biosciences LLC
  • BioIVT & Elevating Science
  • Boca Biolistics
  • CTI Biotech
  • Cureline Inc
  • Firalis SA
  • Geneticist Inc
  • Hamilton Bonaduz AG
  • Isenet Biobanking
  • Merck & Co Inc
  • ProteoGenex Inc
  • Qiagen NV
  • Stemcell Holdings Inc
  • STEMCELL Technologies Inc
  • Thermo Fisher Scientific Inc
  • US Biolab Corp Inc

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Biobanks Market

Fragmented - Highly competitive market without dominant players


The Biobanks Market is undergoing rapid transformation as biological sample storage becomes integral to healthcare innovation. With over 60% of applications centered on chronic disease studies, biobanks are now a backbone for personalized treatment development and biomedical exploration.

Increased Role in Research Applications
Biobanks are essential for advancing clinical research, especially in fields like cancer and neurology. Currently, more than 50% of pharmaceutical organizations are engaging with biobanks to streamline therapeutic discovery. Their role in accelerating research timelines is expanding their value across sectors.

Tech-Driven Preservation Solutions
Advanced storage technologies such as cryogenic automation are reshaping operational standards. Roughly 45% of biobanks employ automation tools to manage vast sample libraries efficiently. These tools help maintain sample integrity and support high-throughput research demands.

Clinical Trial Support and Market Growth
Biobanks are increasingly embedded in clinical development programs. Nearly 55% now contribute directly to clinical trial infrastructure. This evolution from research-only repositories to clinical enablers is driving new investments and widening the market’s impact.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Media
    2. Market Snapshot, By Bio Specimen Type
    3. Market Snapshot, By Services
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Biobanks Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Chronic disease prevalence
        2. Personalized medicine demand
        3. Biobanking tech advancements
        4. Genomic research growth
        5. Biobanking awareness
      2. Restraints
        1. Ethical/legal issues
        2. Lack of standardization
        3. Data privacy concerns
        4. Skilled professional shortage
        5. Sample quality/storage issues
      3. Opportunities
        1. AI and big data integration
        2. Clinical trial biobank use
        3. Virtual biobank development
        4. Pharma partnerships
        5. Population-based biobank
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Biobanks Market, By Media, 2021 - 2031 (USD Million)
      1. Optimized Media
      2. Non-Optimized Media
    2. Biobanks Market, By Bio Specimen Type, 2021 - 2031 (USD Million)

      1. Organs

      2. Stem Cells

    3. Biobanks Market, By Services, 2021 - 2031 (USD Million)
      1. Human Tissue Biobanking
      2. Stem Cell Biobanking
      3. Cord Banking
      4. DNA/RNA Biobanking
      5. Others
    4. Biobanks Market, By Application, 2021 - 2031 (USD Million)
      1. Regenerative Medicine
      2. Drug Discovery
      3. Disease Research
    5. Biobanks Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. AMS Biotechnology Ltd
      2. ASKION GmbH
      3. Avantor Inc
      4. Azenta Inc
      5. Bay Biosciences LLC
      6. BioIVT & Elevating Science
      7. Boca Biolistics
      8. CTI Biotech
      9. Cureline Inc
      10. Firalis SA
      11. Geneticist Inc
      12. Hamilton Bonaduz AG
      13. Isenet Biobanking
      14. Merck & Co. Inc
      15. ProteoGenex Inc
      16. Qiagen NV
      17. Stemcell Holdings Inc
      18. STEMCELL Technologies Inc
      19. Thermo Fisher Scientific Inc
      20. US Biolab Corp. Inc
  7. Analyst Views
  8. Future Outlook of the Market