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Report Overview
2023
Base Year
2017-2023
Historical Year
2024-2032
Forecast Year
Global Clinical Trial Biorepository and Archiving Solutions Market Outlook
The global clinical trial biorepository and archiving solutions market size was valued at USD 4.26 billion in 2023, driven by the increasing prevalence of sports injuries and orthopaedic disorders. The market size is anticipated to grow at a CAGR of 9.0% during the forecast period of 2024-2032 to achieve a value of USD 9.25 billion by 2032.
Clinical Trial Biorepository and Archiving Solutions: Introduction
Clinical trial biorepository and archiving solutions are important when it comes to security and management of biological samples and data related to clinical trials. These are the effective and reliable solutions that are selected by the healthcare professionals to ensure the effective management of the samples and data.
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Clinical trial biorepository solutions are the high-quality biological equipment that are required in translational research. These solutions are used in a variety of research applications such as genomics and proteomics, discovery of novel biomarkers, prognostic targets. The requirement in oncology research frequently requires enormous datasets in order to identify the biomarkers, identify treatment response, and in development of new therapies.
Key Trends in the Clinical Trial Biorepository and Archiving Solutions Market
The global market for clinical trial biorepository and archiving solutions is recording significant growth due to factors such as rising clinical trials and the growing complexity of biomedical research, leading to a surge in the volume of biological samples production. These biorepositories provide the necessary infrastructure and expertise to store and manage these samples, making sure their long-term conservation for future purposes.
There are several key trends running in the clinical trial biorepository and archiving solutions market and some of them are adoption of automation and robotics to handle samples, storage processes, and much more. Additionally, increased use of cloud storage and implementation of blockchain technology providing better scalability, cost effectiveness, and enhanced data security, along with several other benefits for the users.
Clinical Trial Biorepository and Archiving Solutions Market Segmentations
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Market Breakup by Products
- Preclinical Products
- Clinical Products
Market Breakup by Phase
- Phase I
- Phase II
- Phase III
- Phase IV
Market Breakup by Services
- Biorepository Services
- Archiving Services
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Clinical Trial Biorepository and Archiving Solutions Market Scenario
Biomedical research and drug development are major purposes that are supported by the market of clinical trial biorepository and archiving solutions. Samples that are collected during the clinical trials and testing are stored in the biorepositories in order to ensure the security and suitable environment for the samples. These samples could include tissue, blood, and some other biomaterials, so that researchers could perform and research and study about the disease, generate suitable therapies and improve personalized medicine.
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The demand for clinical trial biorepository and archiving solutions is driven by several factors such as increasing difficulties in clinical trials and growing demand for accurate biomarker analysis calls for effective sample handling and storage technologies.
The market for clinical trial biorepository and archiving solutions is expected to grow as the demand for high-quality samples, data integrity, and regulatory compliance continues to grow as well.
Clinical Trial Biorepository and Archiving Solutions Market: Competitor Landscape
The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
- Azenta U.S., Inc.
- Thermo Fisher Scientific Inc. (Patheon)
- Precision for Medicine, Inc.
- Medpace
- ATCC
- Q2 Solutions
- Labconnect
- Charles River Laboratories
- Cell&Co
- LabCorp Drug Development
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Products |
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| Breakup by Phase |
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| Breakup by Services |
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| Breakup by Region |
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| Market Dynamics |
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| Supplier Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The global market attained a value of about USD 4.26 billion in 2023.
The market is anticipated to grow at a CAGR of 9% during the forecast period of 2024-2032 to attain a value of USD 9.25 billion by 2032.
The key trends in the market include the rising clinical trials and the growing complexity of biomedical research.
The products in the market can be categorised into preclinical products and clinical products.
The phases in the market can be categorised into phase I, phase II, phase III, and phase IV.
The services in the market can be categorised into biorepository and archiving services, among others.
The major regions of the market include North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
The key players involved in the market are Azenta U.S., Inc., Thermo Fisher Scientific Inc. (Patheon), Precision for Medicine, Inc., Medpace, ATCC, Q2 Solutions., Labconnect, Charles River Laboratories, Cell&Co, and LabCorp Drug Development.
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