The process of biobanking is improving at an extremely rapid rate. More biological samples are being collected, allowing biobanks around the world to generate larger data sets of a higher quality. In turn, the global biobanking market is quickly expanding as well: Precedence Research expects it to reach over $115.4 billion in value by the end of the decade.
Today’s Digital Age is a great time for biobanks to improve at this rate as modern technologies like automation, data analytics, and telehealth are readily available. Biobanks that use them to their fullest potential can easily create a domino effect that allows for improved patient care. Here’s how.
- Reducing costs with automation
- Improving research with data analytics
- Boosting access and convenience with telehealth
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