Increasing emphasis on genetic testing is one of the significant factors influencing the market growth. The global biobanks market is expected to reach USD 83.82 billion by 2028, according to a new report by Reports and Data. Rising demand for stem cell preservation of newborns is instrumental in fuelling the growth of the market. Stem cells have the capability of discerning...

The global Biobanks Market was estimated to be US$ 65 billion in 2021 and is expected to increase at a CAGR of 4.5% between 2023 to 2032. Market Size, Composition, Statistics, and Predictions are all included in the global Biobanks market report. Furthermore, this study provides market projections for the years 2019 to 2032, wherein 2021 is the historical year,...