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Date Submitted: 05/20/2016 02:39 AM
Hexa Reports
Market Research Reports and Insightful Company Profiles
Biobanking Market Share, Size, Trends, Growth,
Analysis and Outlook Research Report by Hexa
Reports
GBI Research’s latest report, "Biobanking: Developing Smart, Sustainable and Ethically Compliant
Biorepositories for the Future" discusses fundamental concepts in biobanking and recent technology
advancements in the field. The report also describes ethical and regulatory concerns in biobanking as
well as the economic challenges and opportunities surrounding this industry. Furthermore, this report
provides strategic recommendations on how to overcome some of the most critical economic,
technological and ethical challenges facing this fast-growing sector.
Browse Detail Report With TOC @ http://www.hexareports.com/report/biobanking-developingsmart-sustainable-and-ethically-compliant-biorepositories-for-the-future/details
Biobanks collect human biospecimens and associated data for medical-scientific research, and organize
samples and data in a systematic way for use by others. The importance of biobanks lies in determining
the most effective way to store that information and make it available when required. Biobanks may
collect different samples from diseased or healthy individuals in various settings. The integration of
novel tools such as big data techniques, coupled with the increasing industry need for high-quality
biospecimens for research, will lead to expanding biospecimen collections, ultimately resulting in the
growth of this sector. Biobanks currently exist on every continent with most located in North America,
followed by Europe. Australia has the highest number of biobanks in the Asia-Pacific region whilst India
has the highest number of biobanks, when considering the developing economies only.
The development of a biobank depends upon people's willingness to donate their samples for research
and to agree to sample storage. The participation and support of the...