Asia-Pacific Biological Sample Handling market is expected to grow at CAGR of around 9.3% during the forecast period. Asia-Pacific is estimated to be a potential market for biological sample handling due to the increasing R&D and investments by government organizations in life science research. Asia-Pacific, despite having an economic slowdown in economies such as in India; the increasing public healthcare programs is expected to propel the region’s healthcare spending. Increasing biobanks and increasing prevalence of chronic diseases, serve as the motivating factors for the growth of the market in Asia-Pacific. The growing need for quality sample and the need for personalized treatment is a key attributor for the growth of the market in Asia-Pacific.

The Asia-Pacific biological sample handling market growth is attributed to the rising demand for the quality sample that can be used in a wide range of applications such as a clinical trial, research, and molecular epidemiology studies. The availability of high-quality biospecimens is necessary for the development of precision medicine.

China contributes a major share in the Asia-Pacific Biological sample handling market and is expected to retain at its position by exhibiting the fastest growth in the market during the forecast period. China contributed an overall share of 43% in the Asia-Pacific biological sample handling market and was valued at $71 million in 2017 and is projected to reach $124 billion in 2023. The significant presence of biobanks along with rising investment in life science research are some of the prominent factors fueling the market growth in China. The country has a large existence of CROs, which in turn, propels the demand for biological sample handling, and especially advanced biological sample handlings, such as AI-based and automated solutions. India is projected to exhibit the fastest growth in the Asia-Pacific biological sample handling market

Research Methodology

The market study of the Asia-Pacific Biological Sample Handling market is incorporated by extensive primary and secondary research conducted by the research team at OMR.  Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report is intended for biological sample handling companies, storage companies, and other related companies for overall market analysis and competitive analysis. The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. Asia-Pacific Biological Sample Handling Market Research and Analysis by Storage Type
2. Asia-Pacific Biological Sample Handling Market Research and Analysis by Application
3. Asia-Pacific Biological Sample Handling Market Research and Analysis by Ownership

The Report Covers

• Comprehensive research methodology of the Asia-Pacific Biological Sample Handling market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the Asia-Pacific Biological Sample Handling market.
• Insights about market determinants which are stimulating the Asia-Pacific Biological Sample Handling market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.