China Biological Sample Handling market is expected to grow at CAGR of around 9.7% during the forecast period. China’s market has both medium and long-term potential in the biological sample handling market in the life science industry. This is majorly due to its large pharmaceutical market size, presence of a number of biobanks, and fluctuating disease profile, Furthermore, the Chinese economy is becoming an R&D concentrated economy coupled with the presence of a wide range of CROs. A biobanking infrastructure plays a significant role in the collection, storage, and usage of human biological samples.
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Chinese biobank development has made great progress in recent years. This is certainly due to the increasing recognition of the importance of investing in biobanking and research infrastructure, in particular, owing to which, the Government of China is significantly providing funding for biobanking. The most recent and largest development in biobanks is the establishment of Shenzhen-based China National GeneBank (CNGB), a commercial genomics company. Through the development of biobanks in the country, China is focusing on laying a foundation to promote the R&D of translational medicine, personalized medicine, and life science industry, in order to improve the treatment of most prevailing diseases in the country.
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Market Segmentation
China Biological Sample Handling Market by Storage Type
- Cold Storage
- Room Temperature Storage
China Biological Sample Handlings Market by Application
- Drug Discovery
- Forensic Investigation
- DNA Extraction
- Proteomics and Genomics Studies
- Others
China Biological Sample Handlings Market by Ownership
- Commercial
- Academic/Research
Company Profiles
- Abbott Laboratories
- Becton, Dickinson And Co.
- Brooks Automation, Inc.
- Fisher BioServices
- Sigma-Aldrich Co. LLC.
- Technidata
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