Biobanking: Technologies – A Global Market Watch, 2009-2015’- Mexico
By Adina Moloman
Sources: Reuters, Research and Markets
This report presents trends in biobanking sector in different regions all over the world.
The regions in discussion are North America (USA, Canada and Mexico); Europe (Belgium, Denmark, France, Germany, Greece, Italy, Spain, Sweden, United Kingdom and Rest of Europe); Asia-Pacific (Australia, China, India, Japan, South Korea and Rest of Asia-Pacific) and Rest of the World (Argentina, Brazil, Columbia, Middle East, South Africa).
A biobank more commonly it is known “an organized collection of human biological material[1] and associated information stored for one or more research purposes”. The collection of biological samples is intended for biomedical diagnosis.
Even though Mexico was analyzed in the same group with USA and Canada, ethical and legal norms are needed to be regulated in this country.
The risk of operating without regulations could affect the confidentiality of the donors, who may not be respected or that the samples may be utilized without authorization.
The study presents investment strategies for R&D organizations, pharmaceutical manufacturers, biotechnology companies, laboratories, Contract Research Organizations (CRO), etc.
The report is having a good look over: Latest Market Trends; Region-wise Demand Factor; Key Growth Areas; Market Sizes; Key Competitors Edge; Investment Strategies.
The report reveal that North America accounts for more than 30% of the market, were USA has the highest share of the global market value.
The study was conducting involving around 120 leading market players (international companies) where a large number of them are from North America, with production plants located in Mexico.
In terms of investment this report could give a positive prospective for Mexico Manufacturing Company considering of reviewing the investment strategies for pharmaceutical manufacturers and biotechnology companies and also can put more pressure in regulating biobanking operations in Mexico.
[1] Collections of human biological material, such as: embryos, semen, blood cells and body tissue, etc. Biobanks in less words store specimens from human bodies.
