Global Biobank Market Is Expanding Due To Rising Genomic Research Efforts And Growing Application Areas Of Biobank Samples
Biobank Market Overview: Biobanking is a process of storing, testing and analyzing biological samples. It is the stewardship of biological specimens by a public institution. This is done in a way that the interests of the donors are respected. A biobank is a place where people can donate or receive tissue samples for research. These samples can support investigations into rare diseases, cancer, or other conditions. They can also be used to assess multifactorial genetic biomarkers. Biobanking has become a complex infrastructure. These complex units handle bio specimens that have been donated by humans. Creating a biobank requires specific funding and the capacity to maintain and operate it. Biobanks differ in their size, research topic, and procedures for collecting and processing samples. It is therefore critical to create a clear mission and objective for the project. Most biobanks started as local units supporting research projects. Most are funded bsy public research grants. Some b