Looking for a well-known Top biotechnology colleges? Blal biotech is one of the top biotechnology institutes in Jaipur Rajasthan. Their Research and development program to excel in fundamental and advanced research which focuses on Biotechnology courses, Msc biotechnology, Bsc in biotechnology.
Looking for a well-known Biotechnology in Pharmaceuticals Industry?
Blal biotech is one of the top biotechnology institutes in Jaipur Rajasthan.
Their Research and development program to excel in fundamental and advanced research which focuses on Biotechnology courses, Msc biotechnology, Bsc biotechnology.
The global biobanks market size is expected to reach USD 74.54 billion by 2025 at a 4.5% CAGR over the forecast period, according to a new report by Grand View Research, Inc.
Growing need for sample collection to support and facilitate clinical trials for novel therapies, which are developed for treatment of chronic conditions, is anticipated to boost the market.Different biospecimens stored at biobanks are witnessing significant demand owing to advancements in cell-based research activities.
Rising demand from different end users has led to establishment of a substantial number of population-based and disease-based banks in recent years.
Population-based banks are established to support precision medicine research initiatives, whereas disease-specific biobanks provide resources to research communities to enable a better understanding of disease etiology.Furthermore, there has been a rapid increase in number of biobanks over the recent past, which can be attributed to perpetual developments in cell-based therapies, such as advent of stem cells and regenerative medicine.
Few examples of such networks are BBMIR-ERIC, Asian Network of Research Resource Centers, and Asian Consortium for the Conservation and Sustainable Use of Microbial Resources.Increase in number of clinical trials for new drug candidates has spurred demand for biobanking services.
Major challenges in biobanking operations include sustainability, limited access, and information sharing.