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Part of: Biobanking Market (Global)

The China Biobanking Market was valued at $370.9 Million in 2025 and projected to reach to $575.3 Million by 2030, representing a compound annual growth rate of 9.2%. China's biobanking market is positioned for sustained growth through 2030, supported by government initiatives in precision medicine and increasing healthcare investments.

China Biobanking Market (2025-2030) : Size and Share
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Market Size in USD 26.32 MN
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China Biobanking Market Trends and Insights

  • This expansion in China reflects increasing investments in precision medicine, genomic research, and personalized healthcare initiatives driven by government support and rising healthcare expenditure.
  • China's biobanking infrastructure is strengthening as the country prioritizes biomedical innovation and clinical research capabilities. The biobanking sector in China is benefiting from enhanced regulatory frameworks, growing collaboration between academic institutions and private entities, and increased adoption of advanced sample storage and management technologies.
  • China's large population base and rising prevalence of chronic diseases are creating substantial demand for biobanking services.
  • By 2030, China is expected to solidify its position as a key biobanking hub in the Asia Pacific region, supported by continued technological advancement and strategic investments in life sciences research..

Key Market Statistics

  • CAGR (2025-2030) 9.2% CAGR
  • Market Size, 2025 ~USD 370.9 Million
  • Forecast, 2030 ~USD 575.3 Million
  • Country China

China Biobanking Market Overview

Government-Backed Precision Medicine Initiative :

China's government is actively promoting precision medicine and genomic research through substantial funding and policy support, creating a favorable environment for biobanking infrastructure expansion and clinical adoption.

Rising Healthcare Expenditure :

Increased healthcare spending in China, driven by economic growth and aging population demographics, is fueling demand for advanced biobanking solutions and personalized treatment approaches.

Rapid Genomic Research Growth :

China is emerging as a global leader in genomic research and sequencing capabilities, with major investments in biobanks to support large-scale population studies and drug discovery initiatives.

Personalized Healthcare Adoption :

Growing adoption of personalized medicine and targeted therapies in China's healthcare system is driving the need for comprehensive biobanking infrastructure to store and manage biological samples.

China Biobanking Market Dynamics

  • The market's 9.2% CAGR reflects strong demand from research institutions, pharmaceutical companies, and hospitals seeking to establish advanced biobanking capabilities.
  • Urbanization and rising disposable incomes are enabling greater access to personalized healthcare services, further accelerating biobank development. Key growth drivers include China's commitment to becoming a global biotechnology hub, expansion of clinical genomics programs, and integration of biobanking with artificial intelligence and big data analytics.
  • However, regulatory standardization and data privacy frameworks will be critical for sustained market expansion.
  • Strategic partnerships between domestic biobanks and international research organizations are expected to enhance capabilities and accelerate market maturation..

Related Ecosystem

Biotechnology

Top Technologies
  • Reagents
  • Polymerase Chain Reaction (PCR)
  • Stem Cells
  • Assay Kits
  • Flow Cytometers
Top Companies
  • Thermo Fisher Scientific Inc.
  • Merck KGaA
  • Danaher Corporation
  • Agilent Technologies, Inc.
  • Bio-Rad Laboratories, Inc.

    Key Takeaways

    • China's biobanking market is valued at USD 370.9 million in 2025 and is forecast to reach USD 575.3 million by 2030, growing at a 9.2% CAGR.
    • Government support for precision medicine and genomic research is driving significant expansion of biobanking infrastructure across China.
    • China's large population and rising chronic disease burden create substantial demand for biobanking services and sample repositories.
    • Enhanced regulatory frameworks and increased public-private collaboration are accelerating biobanking adoption and technological advancement in China.

    Biobanking Market Report Scope

    Report Metric Details
    Base Year 2025
    Fastest Growing Segment SOFTWARE (Offering)
    Forecast Period 2025–2030
    Growth Rate CAGR of 9.1% from 2025 to 2030
    Largest Segment PRODUCTS (Offering)
    Market Size Base Year (Billions) ~USD 7.65 (2025)
    Revenue Forecast (Billions) ~USD 11.82 (2030)
    Segments Covered Offering, Type, Operation Type, Workflow, Sample Type, Ownership, Application, End User

    China Biobanking Market Report Segmentation

    8 segment dimensions are covered across the global market.

    By Offering

    • Products
    • Services
    • Software

    By Type

    • Alarm & Monitoring Systems
    • Clinical Research
    • Consumables
    • Cryogenic Storage Systems
    • Equipment
    • Freezers & Refrigerators
    • Life Science Research
    • Life Sciences Research
    • Other Equipment & Accessories
    • Other Services
    • Physical Biobanking Services
    • Temperature & Humidity Control Systems
    • Thawing Equipment
    • Virtual Biobanking Services

    By Operation Type

    • Automated Equipment
    • Automated Operations
    • Manual Equipment
    • Manual Operations

    By Workflow

    • Sample Analysis
    • Sample Collection & Storage
    • Sample Processing
    • Transport & Logistics

    By Sample Type

    • Biological Fluids
    • Blood Products
    • Human Waste Products
    • Nucleic Acids
    • Solid Tissues & Organs
    • Stem Cells & Cell Lines

    By Ownership

    • Academic & Research Institution Biobanks
    • Hybrid/Ppp Model
    • National/Regional Agencies
    • Other Ownership Models
    • Private/ Commercial Biobanks

    By Application

    • Diagnostic Applications
    • Other Applications
    • Research Applications
    • Therapeutic Applications

    By End User

    • Academic & Research Institutes
    • Biobanks
    • Cros
    • Hospitals & Diagnostic Laboratories
    • Pharma-Biotech Companies & Cros

    CHINA: BIOBANKING SERVICES MARKET, BY END USER, 2023–2030

    Segment20232024202520262027202820292030CAGR (%)
    ACADEMIC & RESEARCH INSTITUTES27.528.631.334.638.342.547.352.811
    HOSPITALS & DIAGNOSTIC LABORATORIES18.719.421.123.225.728.431.53510.6
    PHARMA-BIOTECH COMPANIES & CROS66.769.576.384.493.9104.6116.7130.611.4
    TOTAL112.9117.6128.8142.3157.8175.5195.6218.411.1

    CHINA: BIOBANKING PRODUCTS MARKET, BY END USER, 2023–2030

    Segment20232024202520262027202820292030CAGR (%)
    BIOBANKS258.4267285.9309.6337.2368.8405.1446.69.3
    CROS77.879.98591.599107.6117.5128.78.6
    TOTAL336.1346.9370.9401436.2476.5522.5575.39.2

    Target Audience

    • Biobanking Service Providers : Companies offering biobanking solutions need China-specific market data to assess growth potential, identify customer segments, and develop localized service offerings for hospitals and research centers.
    • Pharmaceutical & Biotech Companies : Drug developers and biotech firms require insights into China's biobanking infrastructure and genomic research capabilities to plan clinical trials, partnerships, and precision medicine initiatives.
    • Healthcare Investors & PE Firms : Investment professionals need validated market forecasts and growth drivers for China's biobanking sector to evaluate investment opportunities and portfolio companies in this emerging market.
    • Hospital & Research Institution Leaders : Healthcare administrators and research directors need market intelligence to justify biobanking infrastructure investments, benchmark against peers, and align with national precision medicine strategies.
    • Government & Policy Makers : Healthcare policymakers and government agencies require market data to inform precision medicine policies, funding allocations, and regulatory frameworks for biobanking in China.

    Key Companies in the China Biobanking Market

    CompanyHQOwnershipStrongest segments
    MAXCYTE, INCUnited StatesPublic CompanyExPERT ATx and STx instruments,ExPERT GTx and VLx instruments,Disposable processing assemblies (PAs),
    HDFC BANKIndiaPublic CompanyRetail Banking (deposits, consumer and home loans, cards),Wholesale Banking (corporate, SME, supply chain, trade),Treasury and Markets (money market, derivatives, investments),
    STANDARD CHARTEREDUnited KingdomPrivate CompanyFinancial Markets (FX, rates, commodities, credit),Transaction Banking (trade, cash, liquidity, custody),Corporate & Structured Finance,
    YES BANKIndiaPublic CompanyRetail banking (deposits, cards, consumer loans),Corporate and wholesale banking,MSME and business banking,
    CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITEDIndiaPublic CompanyVehicle Finance (CV, PV, 2W/3W, tractors, construction equipment),Loan Against Property (LAP) and SME Secured Loans,Home Loans and Home Extensions,
    AXIS MUTUAL FUNDIndiaPrivate CompanyActively managed equity funds,Hybrid and asset allocation funds,Debt and money market funds,
    THERMO FISHER SCIENTIFIC INC.United StatesPublic CompanyLife Sciences Solutions,Analytical Instruments,Specialty Diagnostics,
    PHC HOLDINGS CORPORATIONJapanPublic CompanyDiabetes Management,Diagnostic and Life Sciences,Healthcare Solutions (EMR, billing, pharmacy, wellness),
    QIAGENNetherlandsPublic CompanySample technology consumables and instruments,Immune response and infectious disease diagnostics,Oncology and sexual & reproductive health assays,
    MERCK KGAAGermanyPublic CompanyLife Science (reagents, consumables, bioprocessing, CDMO/testing),Healthcare (prescription drugs and biopharmaceuticals),Electronics (semiconductor and display materials, specialty gases, equipment),
    AVANTOR, INC.United StatesPublic CompanyMaterials and consumables,Equipment and instrumentation,Services and specialty procurements,
    CRYOPORTUnited StatesPublic CompanyLife Sciences Services (logistics, biostorage, bioservices, consulting),Life Sciences Products (cryogenic freezers, dewars, accessories),IoT and digital monitoring solutions,
    AGILENT TECHNOLOGIES, INC.United StatesPublic CompanyLife Sciences and Diagnostics Markets,Agilent CrossLab,Applied Markets,
    LABCORPUnited StatesPublic CompanyRoutine and chronic-disease diagnostics (chemistry, hematology, A1C, thyroid, PSA, urinalysis),Specialty and esoteric testing (gene-based, oncology, cardiovascular, endocrinology, infectious disease),Biopharma Laboratory Services and clinical trial support,
    EUROFINS SCIENTIFICLuxembourgPublic CompanyFood and Feed Testing,Environment Testing,Biopharma and Clinical Diagnostics,
    HAIER BIOMEDICALChinaPublic CompanyULT freezers and low-temperature storage,Pharmacy and vaccine refrigerators/freezers, cold rooms,Blood bank and transfusion chain equipment,
    HAMILTON COMPANYUnited StatesPublic Investment FirmFund-of-funds (primary and secondary),Direct credit,Direct and co-investments / buyouts,

    MAXCYTE, INC

    MAXCYTE, INC is a public company based in the United States that was founded in 1998 and currently employs 91 people.

    HDFC BANK

    HDFC BANK is a public company based in India that was founded in 1994 and currently employs 212,958 people.

    STANDARD CHARTERED

    STANDARD CHARTERED is a private company based in the United Kingdom that was founded in 1853 and currently employs 66,524 people.

    YES BANK

    YES BANK is a public company based in India that was founded in 2003 and currently employs 29,577 people.

    CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED

    CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED is a public company based in India that was founded in 1978 and currently employs 51,320 people.

    AXIS MUTUAL FUND

    AXIS MUTUAL FUND is a private company based in India that was founded in 2009.

    THERMO FISHER SCIENTIFIC INC.

    THERMO FISHER SCIENTIFIC INC. is a public company based in the United States that was founded in 1956 and currently employs 125,000 people.

    PHC HOLDINGS CORPORATION

    PHC HOLDINGS CORPORATION is a public company based in Japan that was founded in 1948 and currently employs 8,647 people.

    QIAGEN

    QIAGEN is a public company based in the Netherlands that was founded in 1984 and currently employs 5,500 people.

    MERCK KGAA

    MERCK KGAA is a public company based in Germany that was founded in 1668 and currently employs 59,077 people.

    AVANTOR, INC.

    AVANTOR, INC. is a public company based in the United States that was founded in 1904 and currently employs 13,500 people.

    CRYOPORT

    CRYOPORT is a public company based in the United States that was founded in 1999 and currently employs 688 people.

    AGILENT TECHNOLOGIES, INC.

    AGILENT TECHNOLOGIES, INC. is a public company based in the United States that was founded in 1999 and currently employs 18,000 people.

    LABCORP

    LABCORP is a public company based in the United States that was founded in 1995 and currently employs 66,385 people.

    EUROFINS SCIENTIFIC

    EUROFINS SCIENTIFIC is a public company based in Luxembourg that was founded in 1987 and currently employs 65,694 people.

    HAIER BIOMEDICAL

    HAIER BIOMEDICAL is a public company based in China that was founded in 2005 and currently employs 2,945 people.

    HAMILTON COMPANY

    HAMILTON COMPANY is a public investment firm based in the United States that was founded in 1991 and currently employs 785 people.

    Reasons to Buy this Report

    • Market Size & Growth Validation : Obtain precise market valuation data for China's biobanking sector with verified 2025-2030 forecasts, enabling accurate business planning and investment decisions in this high-growth market.
    • Government Policy Insights : Understand China-specific regulatory frameworks, precision medicine initiatives, and government support mechanisms that directly impact biobanking market opportunities and competitive positioning.
    • Competitive Landscape Analysis : Identify key players, market consolidation trends, and competitive strategies specific to China's biobanking ecosystem to inform market entry or expansion strategies.
    • Segment & Application Breakdown : Access detailed segmentation by biobank type, application areas, and end-user sectors within China to identify high-potential niches and revenue opportunities.
    • Strategic Partnership Opportunities : Discover collaboration potential with Chinese research institutions, hospitals, and biotech companies through comprehensive stakeholder mapping and market dynamics analysis.

    Frequently asked questions

    What is the current size of China's biobanking market?

    China's biobanking market is valued at USD 370.9 million in 2025 and is expected to grow to USD 575.3 million by 2030.

    What is the growth rate of biobanking in China?

    China's biobanking market is growing at a compound annual growth rate (CAGR) of 9.2% from 2025 to 2030.

    What factors are driving biobanking growth in China?

    Key drivers include government investments in precision medicine, increasing prevalence of chronic diseases, enhanced regulatory frameworks, and growing collaboration between academic and private institutions in China.

    How does China's biobanking market compare to global trends?

    China's biobanking market growth rate of 9.2% is slightly above the global CAGR of 9.1%, reflecting China's strategic focus on life sciences innovation and healthcare advancement.

    What role does China play in the Asia Pacific biobanking market?

    China is emerging as a key biobanking hub in Asia Pacific, with substantial investments in infrastructure, technology, and research capabilities that position it as a regional leader by 2030.

    RESEARCH METHODOLOGY

    This study involved four major activities to estimate the current size of the biobanking market. Exhaustive secondary research was conducted to gather information on the market, its peer markets, and its parent market. These findings, assumptions, and sizing were then validated with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the total market size. Following this, data triangulation was used to estimate the market size of segments and subsegments.

    Secondary Research

    Secondary research was primarily used to identify and gather information for the extensive, technical, market-oriented, and commercial study. Secondary sources for this study included publications from government sources, such as the European, Middle Eastern & African Society for Biopreservation and Biobanking (ESBB), Biobanking and BioMolecular Resources Research Infrastructure - European Research Infrastructure Consortium (BBMRI-ERIC), International Society for Biological and Environmental Repositories (ISBER), National Institutes of Health (NIH), and the US Food and Drug Administration (US FDA), as well as ScienceDirect and several others. Secondary sources also included corporate and regulatory filings (such as annual reports, SEC filings, investor presentations, and financial statements); business magazines and research journals; press releases; and trade, business, and professional associations. These sources were used to obtain key information on major players, global product revenues, market classification, and segmentation by industry trends, regional/country-level markets, market developments, and technology perspectives. Secondary data were collected and analyzed to determine the overall size of the global Biobanking market, and the findings were validated through primary research.

    Primary Research

    In-depth interviews were conducted with primary respondents, including key industry participants, subject-matter experts (SMEs), C-level executives of key market players, and industry consultants, among others, to obtain and verify critical qualitative and quantitative information and to assess market prospects. Primary sources from both the supply and demand sides of the market were interviewed to gather qualitative and quantitative data. The following is a breakdown of the primary respondents:

    Biobanking Market Size, and Share

    To know about the assumptions considered for the study, download the pdf brochure

    Market Size Estimation

    The global size of the biobanking market was estimated using multiple approaches. A detailed market estimation approach was used to estimate and validate the market value and other dependent submarkets. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

    Biobanking Market : Top-Down and Bottom-Up Approach

    Biobanking Market Top Down and Bottom Up Approach

    Data Triangulation

    After estimating the overall market size through the market size estimation process, the total market was divided into several segments. To complete the overall market engineering process and arrive at the exact statistics for all segments, the data triangulation procedure was employed; it involved analyzing various factors and trends from both the demand and supply sides.

    Market Definition

    Biobanking involves collecting, processing, storing, and managing biological samples—such as blood, tissues, stem cells, nucleic acids, and other human-derived materials—for research, diagnostic, and therapeutic applications. The market includes equipment, consumables, software, and services used by CROs, biobanks, pharmaceutical and biotechnology companies, and academic and research institutions. These entities manage diverse sample types, including blood products, human tissues, stem cells and cell lines, nucleic acids, biological fluids, and human waste products, using manual or automated systems depending on technological adoption. The market is also segmented by ownership models, including academic and research institutions, national and regional agencies, private organizations, and other entities.

    Key Stakeholders

    • Academic & Research Institutes
    • Biobanks
    • Contract Research Organizations (CROs)
    • Market Research and Consulting Firms
    • Pharmaceutical and Biotechnology Companies
    • Regulatory Agencies
    • Venture Capitalists
    • Forensics Labs
    • Government organizations
    • Private research firms
    • Hospitals and Diagnostic Laboratories

    Report Objectives

    • To define, describe, and forecast the biobanking market by offering, equipment-operation type, service-ownership, product-sample type, application, product-end user, service-end user, and region
    • To provide detailed information regarding the major factors influencing market growth (such as drivers, restraints, opportunities, and challenges)
    • To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall biobanking market
    • To analyze opportunities for stakeholders and provide details of the competitive landscape for market leaders
    • To forecast the size of the market segments with respect to six regions: North America (US and Canada), Europe (Germany, France, the UK, Italy, Spain, and the Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia, and the Rest of Asia Pacific), Latin America (Brazil, Mexico, Argentina, and the Rest of Latin America), the Middle East [GCC Countries (Saudi Arabia (KSA), United Arab Emirates (UAE), and the Rest of GCC Countries) and the Rest of Middle East], and Africa
    • To profile the key players and analyze their market share and core competencies
    • To analyze competitive developments, such as product launches, partnerships, agreements, collaborations, and expansions
    • To benchmark players within the market using the proprietary “Company Evaluation Matrix” framework, which analyzes market players on various parameters within the broad categories of business and product excellence strategy

    Available customizations:

    With the given market data, MarketsandMarkets offers customization as per the company’s specific needs. The following options are available for the report:

    Geographical Analysis

    • Further breakdown of Rest of Europe biobanking market, by country
    • Further breakdown of Rest of Asia Pacific biobanking market, by country

    Comapany Information

    • Detailed analysis and profiling of additional market players (up to five)

    Segment Analysis

    • Cross-segment analysis

     

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