Biobanking Market: Public vs. Private Biobanks—Investment and Operational Decision Framework, Forecast to 2034
Straits Research, a top provider of business intelligence specializing in research, analytics, and advisory services, has released its latest report on the global Biobanking Market. The report highlights substantial growth opportunities fueled by the increasing demand for personalized medicine, rising investments in biomedical research, and advancements in storage and preservation technologies. The biobanking market size was valued at USD 90.34 billion in 2025 and is projected to grow from USD 97.43 billion in 2026 to USD 190.21 billion by 2034 at a CAGR of 8.21% during the forecast period (2026-2034), as per Straits Research Analysis. Biobanking refers to the systematic collection, processing, storage, and distribution of biological samples such as blood, tissue, DNA, and cell lines for use in research and clinical applications. These repositories play a critical role in enabling scientific discove...