Clinical Trial Biorepository & Archiving Solutions Market To Witness A Significant Growth Of USD 6.0 Billion By 2028
San Francisco, 18 Jan 2022: The Report Clinical Trial Biorepository & Archiving Solutions Market Size, Share & Trends Analysis Report By Service (Biorepository Services, Archiving Solution Services), By Product (Clinical, Preclinical), By Phase, And Segment Forecasts, 2021 - 2028 The global clinical trial biorepository and archiving solutions market size is expected to reach USD 6.0 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 8.2% from 2021 to 2028. This is largely due to the increasing importance of biological sample management in clinical trials and the desire to streamline the collection and reporting of data. Biorepositories have entered the Big Data era, which requires new IT technologies, artificial intelligence (AI) techniques, and machine learning and deep learning tools and algorithms. These features help to the paradigm shift toward data-driven science by higher-quality biobanking data. Cloud stor