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Pulished Date April, 2021
ID: 445
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Latin America Biobanks Market Research Report – Segmented By Product Type, Sample Type, Application & Country (Mexico, Brazil, Argentina, Chile and Rest of Latin America) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2021 to 2026)

Pulished: April, 2021
ID: 445
Pages: 140

Latin America Biobanks Market Size (2021 to 2026)

The Latin American biobanks market size is expected to increase at a CAGR of 8.02% between 2021 to 2026 and reach a value of USD 46.40 million by 2026 from USD 31.55 million in 2021.

Biobanks play a vital role in the field of biomedical research. The wide range of biospecimens includes blood, saliva, plasma, and purified DNA, which can be described as libraries of the human organism. Before biobanks came into the market, doctors collected the samples only for their research. Still, the biobanks gave researchers access to data representing many people.

The rising prevalence of chronic illnesses, advancements in drug discovery and development, and R&D financing and investments by government and non-governmental organizations are expected to contribute to the Latin American biobanks market growth.

Like in biobanks, stem cell research is becoming more popular worldwide. It is helping to create novel treatments for various ailments due to the innovations in regenerative medicine. Therefore, the development of innovative technologies for stem cell preservation, processing, and storage, creating greater awareness of stem cells' medicinal potential, and increased funding in stem cell-based research are other key factors promoting the growth rate of the Latin American market.

During the forecast period, stem cell biobanking services are expected to have a significant market share. The cryogenic preservation of stem cells or biological samples, including stem cells for eventual use, is known as stem cell biobanking. Also, cancer biobanks are essential in the battle against cancer because they allow the new creation of novel diagnostic tests and treatment techniques. Moreover, the key market players in the region are implementing strategic decisions to expand market share, and industry players are employing different strategies such as acquisitions, collaborations, partnerships, and expansions.

However, regulatory issues include various legal concerns, such as data protection and basic personality rights. As a result, contract difficulties are expected to negatively impact biobanks market growth in the Latin American region during the forecast period. In addition, numerous factors affect the sample availability for biobanking operations, including quality, storage, handling problems, capability, ethical frameworks, sample collecting, sustainability, and access to biospecimens.

Furthermore, because biobanks include such a diverse range of biological samples, developing a unique approach for each one. Therefore, the high method cost varies depending on the sample type and the method used. Extreme competition between the market players can also be another significant factor hampering market growth.

This research report on the Latin American biobanks market has been segmented and sub-segmented into the following categories:

By Product Type: 

  • Equipment
  • Consumables

By Sample Type: 

  • Human Tissues
  • Stem Cells
  • DNA Or RNA
  • Bio-fluids
  • Others

By Application: 

  • Therapeutic Applications
  • Research Applications
  • Clinical Trials

By Country: 

  • Mexico
  • Brazil
  • Argentina
  • Chile
  • Rest of Latin America

Geographically, the Latin American biobanks market is anticipated to account for a substantial share in the global market during the forecast period. Medical research and donating samples are increasing the market in Latin America since it is utilized for collecting and preserving human blood or tissue samples, owing to an increase in the number of chronic diseases. Biobank-based research is primarily controlled by research and data privacy regulations in Mexico, and the biobanks had an issue with the ethical use of samples in the past. As a result, third-party biobanks collected data without mentioning the purpose of the collection.

Previously the legislation in Brazil was not in favor of and welfare of promoting ethical ways in biobanks. However, a new regulatory framework was enacted in 2011 to regulate and maintain both mono/oligo user and poly user collection of human samples. This helped restore people's faith that their samples were being used for research only. A similar framework is expected to come into force in Argentina, Chile, and several other South American countries in the coming years. As the biobanks overcome several challenges in the upcoming years, they may turn out to be an invaluable resource in the study of diseases that have been causing havoc, such as cancer in Latin America.

KEY MARKET PLAYERS:

A few of the notable companies in the Latin American biobanks market profiled in this report are Beckman Coulter, Tecan group, Taylor- Wharton, Panasonic biomedical, Teva Pharmaceuticals, Biolife Solutions, Custom biogenic systems, Princeton cryotech, Fluidx, Tissue solutions, Wildcat laboratory solutions, Micronik and Brooks life science systems.

1. Introduction                                                 

                1.1 Market Definition                                    

                1.2 Study Deliverables                                  

                1.3 Base Currency, Base Year and Forecast Periods                                          

                1.4 General Study Assumptions                                

2. Research Methodology                                                           

                2.1 Introduction                                               

                2.2 Research Phases                                      

                                2.2.1 Secondary Research                           

                                2.2.2 Primary Research                 

                                2.2.3 Econometric Modelling                      

                                2.2.4 Expert Validation                  

                2.3 Analysis Design                                         

                2.4 Study Timeline                                          

3. Overview                                                       

                3.1 Executive Summary                                

                3.2 Key Inferences                                         

                3.3 New Developments                               

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                                    

                4.1 Market Drivers                                          

                4.2 Market Restraints                                    

                4.3 Key Challenges                                         

                4.4 Current Opportunities in the Market                                              

5. Market Segmentation                                                              

                5.1 By Product Type                                       

                                5.1.1 Equipment’s                           

                                                5.1.1.1 Temperature control systems     

                                                5.1.1.2 Incubators           

                                                5.1.1.3 Centrifuges         

                                                5.1.1.4 Alarm and Monitoring Systems  

                                                5.1.1.5 Accessories         

                                                5.1.1.6 Other Equipment's          

                                5.1.2 Consumables                         

                5.2 By Sample Type                                        

                                5.2.1 Human Tissues                      

                                5.2.2 Stem Cells               

                                5.2.3 DNA or RNA                            

                                5.2.4 Bio-fluids                 

                                5.2.5 Other Sample Type                             

                5.3 By Application                                           

                                5.3.1 Therapeutic Applications                  

                                5.3.2 Research Applications                        

                                5.3.3 Clinical Trials                           

6. Geographical Analysis                                                              

                                6.1 Introduction                               

                                6.2 Brazil                             

                                6.3 Mexico                         

                                6.4 Argentina                    

                                6.5 Rest of Latin America                             

7. Strategic Analysis                                                       

                7.1 PESTLE analysis                                         

                                7.1.1 Political                     

                                7.1.2 Economic                 

                                7.1.3 Social                         

                                7.1.4 Technological                         

                                7.1.5 Legal                          

                                7.1.6 Environmental                       

                7.2 Porter’s Five analysis                                              

                                7.2.1 Bargaining Power of Suppliers                        

                                7.2.2 Bargaining Power of Consumers                    

                                7.2.3 Threat of New Entrants                     

                                7.2.4 Threat of Substitute Products and Services                              

                                7.2.5 Competitive Rivalry within the Industry                     

8. Market Leaders' Analysis                                                        

                8.1 Beckman Coulter                                     

                                8.1.1 Overview                 

                                8.1.2 Product Analysis                   

                                8.1.3 Strategic Evaluation and Operations                            

                                8.1.4 Financial analysis                  

                                8.1.5 Legal issues                             

                                8.1.6 Recent Developments                       

                                8.1.7 SWOT analysis                       

                                8.1.8 Analyst View                          

                8.2 Tecan group                                               

                8.3 Taylor- Wharton                                       

                8.4 Panasonic biomedical                                             

                8.5 Teva pharmaceuticals                                            

                8.6 Biolife solutions                                        

                8.7 Custom biogenic systems                                     

                8.8 Princeton cryotech                                  

                8.9 Fluidx                                            

                8.10 Tissue solutions                                      

                8.11 Wildcat laboratory solutions                                             

                8.12 Micronik                                    

9. Competitive Landscape                                                           

                9.1 Market share analysis                                            

                9.2 Merger and Acquisition Analysis                                       

                9.3 Agreements, collaborations and Joint Ventures                                         

                9.4 New Product Launches                                         

10. Expert Opinions                                                        

                10.1 Market Outlook                                     

                10.2 Investment Opportunities                                 

Appendix                                                           

                a) List of Tables                                

                b) List of Figures                                              

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Latin America Bio Bank Market, By Region, From 2021 to 2026 (USD Million)
  2. Latin America Bio Bank Market, By Product Type, From 2021 to 2026 (USD Million)
  3. Latin America Equipment's Market, By Region, From 2021 to 2026 (USD Million)
  4. Latin America Equipment's Market, By Equipment Type, From 2021 to 2026 (USD Million)
  5. Latin America Temperature control systems Market, By Region, From 2021 to 2026 (USD Million)
  6. Latin America Incubators Market, By Region, From 2021 to 2026 (USD Million)
  7. Latin America Centrifuges Market, By Region, From 2021 to 2026 (USD Million)
  8. Latin America Alarm and Monitoring Systems Market, By Region, From 2021 to 2026 (USD Million)
  9. Latin America Accessories Market, By Region, From 2021 to 2026 (USD Million)
  10. Latin America Other Equipment's Market, By Region, From 2021 to 2026 (USD Million)
  11. Latin America Consumables Market, By Region, From 2021 to 2026 (USD Million)
  12. Latin America Bio Bank Market, By Sample Type, From 2021 to 2026 (USD Million)
  13. Latin America Human Tissues Market, By Region, From 2021 to 2026 (USD Million)
  14. Latin America Stem Cells Market, By Region, From 2021 to 2026 (USD Million)
  15. Latin America DNA or RNA Market, By Region, From 2021 to 2026 (USD Million)
  16. Latin America Bio-fluids Market, By Region, From 2021 to 2026 (USD Million)
  17. Latin America Other Sample Type Market, By Region, From 2021 to 2026 (USD Million)
  18. Latin America Bio Bank Market, By Application, From 2021 to 2026 (USD Million)
  19. Latin America Therapeutic Applications Market, By Region, From 2021 to 2026 (USD Million)
  20. Latin America Research Applications Market, By Region, From 2021 to 2026 (USD Million)
  21. Latin America Clinical Trials Market, By Region, From 2021 to 2026 (USD Million)
  22. Brazil Bio Bank Market, By Product Type, From 2021 to 2026 (USD Million)
  23. Brazil Equipment's Market, By Equipment Type, From 2021 to 2026 (USD Million)
  24. Brazil Bio Bank Market, By Sample Type, From 2021 to 2026 (USD Million)
  25. Brazil Bio Bank Market, By Application, From 2021 to 2026 (USD Million)
  26. Argentina Bio Bank Market, By Product Type, From 2021 to 2026 (USD Million)
  27. Argentina Equipment's Market, By Equipment Type, From 2021 to 2026 (USD Million)
  28. Argentina Bio Bank Market, By Sample Type, From 2021 to 2026 (USD Million)
  29. Argentina Bio Bank Market, By Application, From 2021 to 2026 (USD Million)
  30. Mexico Bio Bank Market, By Product Type, From 2021 to 2026 (USD Million)
  31. Mexico Equipment's Market, By Equipment Type, From 2021 to 2026 (USD Million)
  32. Mexico Bio Bank Market, By Sample Type, From 2021 to 2026 (USD Million)
  33. Mexico Bio Bank Market, By Application, From 2021 to 2026 (USD Million)

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