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global biobanking market growth driven by stem cell research and automation
The global biobanking market is projected to grow significantly, driven by advancements in cryopreservation and automation, with stem cells expected to dominate the market. Europe is anticipated to hold the largest share due to its robust healthcare infrastructure, while Asia-Pacific is set for the fastest growth, fueled by increased investments and a rising prevalence of chronic diseases. Key developments include substantial funding for the UK Biobank and initiatives to enhance global access to biomedical data.