France Biobanks Market Size, Share, and COVID-19 Impact Analysis, By Product & Services (LIMS and Biobanking Equipment), By Biospecimen Type (Organs and Stem Cells, Human Tissues), and France Biobanks Market Insights, Industry Trend, Forecasts to 2035
Industry: HealthcareFrance Biobanks Market Insights Forecasts to 2035
- The France Biobanks Market Size was estimated at USD 4,932.6 Million in 2024
- The Market Size is Expected to Grow at a CAGR of around 9.69% from 2025 to 2035
- The France Biobanks Market Size is Expected to Reach USD 13,636.4 Million by 2035
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According to a research report published by Spherical Insights & Consulting, the France Biobanks Market is anticipated to reach USD 13,636.4 million by 2035, growing at a CAGR of 9.69% from 2025 to 2035. The factors are significant expenditures on the research and development of cutting-edge treatments, including personalized medicine, regenerative medicine, and cancer genomic studies are raising the demand for the French biobank market.
Market Overview
The French biobanks market includes the business of collecting, storing, managing, and distributing human biological samples and accompanying data for research and clinical use. Samples may include blood, tissue, cells, and DNA, as well as relevant clinical information or demographic characteristics. Growth in the market is driven by the increasing demand for personalized medicine, improvement in biotechnology and genomics, and partnerships between biobanks and research institutes. The growing acceptance of precision/personalized medicine and genetic testing has been a major cause of the market. Biobanks have been making ample contributions to biomedical research. In the last couple of decades, progress made in the platforms and tools utilized in genetic studies has led to an increase in demand for biospecimens from clinical labs, so that assays for genetic testing could be developed. Partnerships between public and private institutions in biobanking and related areas have all contributed to the commercial progression of biobanks.
Report Coverage
This research report categorizes the market for the France biobanks market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the France Biobanks market. Recent market developments and competitive strategies such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the France biobanks market.
France Biobanks Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Market Size in 2024: | USD 4,932.6 Million |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | 9.69% |
2035 Value Projection: | USD 13,636.4 Million |
Historical Data for: | 2020-2023 |
No. of Pages: | 224 |
Tables, Charts & Figures: | 100 |
Segments covered: | By Product & Services, By Biospecimen Type and COVID-19 Impact Analysis. |
Companies covered:: | Thermo Fisher Scientific Inc., Becton, Dickinson, and Company (BD), Merck KGaA, Danaher Corporation, Lonza, Biocision, LLC., Biovault Family, Charles River Laboratories, Qiagen, and other key vendors. |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
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Driving Factors
The France biobanks market is growing due to key driving factors, are the increasing prevalence of chronic diseases, favorable government initiatives, advancements in drug discovery, advancements in regenerative medicine, an increase in healthcare expenditure, and exposure to the treatment of tissue and cell disorders. The growing use of biobank facilities is another helping factor to the growth of the biobanks market. The advancement of techniques and technology in the domain is expected to create a variety of opportunities for the development of the France biobanks market. Developments of green banking for energy savings and virtual biobanks are also some key trends in the biobanks market.
Restraining Factors
The France market for biobanks has it has several restraints, are ethical and lawful issues regarding the collection, storage, and use of human biological samples are challenges. There are strict regulations on biobanking activities, and researchers' compliance with data privacy laws could inhibit the growth of the market. High costs for the establishment and upkeep of biobank sites, such as sample storage and management, can also create a hindrance. Also, a lack of trained staff for sample handling, quality control, and data management can be a barrier to the market's growth.
Market Segmentation
The France biobanks market share is classified into product & services and biospecimen type.
- The biobanking equipment segment held the highest share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The France biobanks market is segmented by product & services into LIMS and biobanking equipment. Among these, the biobanking equipment segment held the highest share in 2024 and is expected to grow at a significant CAGR during the forecast period. These biobanks have a large revenue share because of their established network. This shift in the biobanks' operational approach has resulted in rapid advancements in precision medicine and bioinformatics analysis. An extensive collection of tissue samples from clinical trials, research projects, and pathology labs.
- The human tissues segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The France biobanks market is segmented by biospecimen type into organs and stem cells, and human tissues. Among these, the human tissues segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is due to the abundance of biobanks with tissue storage facilities, the ease with which tissue samples can be obtained, and the availability of cutting-edge technology for the preservation and retrieval of tissues that have been banked. Increased spending on disease-specific research and development is expected to increase the need for diseased tissue samples for oncology research, including brain, prostate, colorectal, lung, lymphoma, myeloma, ovarian leukemia, breast, and lung tissues.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the France biobanks market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Thermo Fisher Scientific Inc.
- Becton, Dickinson, and Company (BD)
- Merck KGaA
- Danaher Corporation
- Lonza
- Biocision, LLC.
- Biovault Family
- Charles River Laboratories
- Qiagen
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at the global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the France Biobanks Market based on the below-mentioned segments:
France Biobanks Market, By Product & Services
- LIMS
- Biobanking Equipment
France Biobanks Market, By Biospecimen Type
- Organs
- Stem Cells
- Human Tissues
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