“Biobanking: Developing Smart, Sustainable and Ethically Compliant Biorepositories for the Future” talks about fundamental concepts in biobanking and advancements in recent technology in the market. The report also discusses ethical and regulatory concerns in biobanking along with the economic challenges and opportunities surrounding this market. Additionally, the biobanking market analysis report provides strategic recommendations on tips to overcome some of the most critical economic, technological and ethical challenges faced by this fast-growing industry.
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Biobanks collect human biospecimens and relevant data for medical-scientific research, and organize samples and data in a systematic way for use by others. The importance of biobanks lies in determining the most effective way to store that information and make it available when required. Biobanks may collect different samples from healthy as well as diseased individuals in various settings. The integration of novel tools such as big data techniques, coupled with the increasing industry need for high-quality biospecimens for research, will lead to expanding biospecimen collections, ultimately resulting in the growth of this sector. Biobanks currently exist in all continents with several located in North America and then in Europe. Australia has the highest number of biobanks in the Asia-Pacific region whilst India has the highest number of biobanks, when considering the developing economies only.
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The development of a biobank depends on the willingness of people to donate samples for research purposes and to agree to sample storage. The public participation and support thus is crucial as their attitude towards biobanking activities will determine the success of many such organizations.
Scope of Biobanking Market:
- Fundamentals of biobanking
- Classification of biobanks are their different applications in healthcare
- Economic challenges faced by biobanks and tips on how to overcome these
- Recent technology advancements in biobanking sector
- Role of biobanking in discovery of drugs and clinical trials
- Geographical distribution of biobanks
- Prospects for Big Data and related technologies within biobanking
- Changes in technology and legal challenges
- Healthcare opportunities that can be leveraged
- Attitude of public towards various activities in biobanking
- Challenges faced in obtaining consent from the donors and strategies adopted by biobanks to overcome these challenges
- Ethical and regulatory challenges faced in biobanking
- Importance and role of the international principles for sharing data between biobanks
- Opportunities and challenges with main intellectual property right within biobanking. Ways to overcome these challenges for mitigating potential risks
- Requirement for process harmonization between biobanks
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Key Reasons to Purchase Biobanking Market:
Future biorepositories and biobanking future analysis report will allow you to:
- Gain knowledge in the biobanking industry: This report describes fundamental concepts in biobanking, biobank classification as well as economic, technological and ethical challenges surrounding these organizations. Learn how biobanks can overcome these challenges through best practice guidelines and strategic recommendations.
- Understand the role of biobanks in R&D: This report demonstrates the relationship between biobanks and R&D groups.
- Gain analysis on the distribution of biobanks in major regions and countries: This includes detailed analysis on the number of biobanks within all key regions and countries.
- Review and examine recent developments in biobanking technologies: This includes technology innovations in specimen collection, temperature maintenance, data handling, storage, consumables, transportation of biospecimens, and the integration of big data technologies in biobanking activities.
- Understand public views on biobanking activities: Learn about the various public concerns on biobanking, their attitude towards research, and how consent issues can be addressed through adoption of novel frameworks and technologies.
- Assess regulations, ethics and harmonization requirements in biobanking: This in-depth report provides analysis on ethical, regulatory and harmonization requirements in the biobanking sector.
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