The Mexico biobanking market was valued at USD 1.14 Billion in 2025 and is expected to grow at a CAGR of 3.70%, reaching USD 1.64 Billion by 2035. The market growth is driven by national genomic initiatives and advanced AI collaborations, enhancing personalized healthcare across the region.
Base Year
Historical Period
Forecast Period
In January 2024, the Mexican Biobank Project’s genetic data collection has significantly boosted the biobanking industry, enhancing personalized medicine and fueling market growth across Mexico.
In March 2025, US and Mexican universities joined forces to apply AI to Latin America’s largest biobank, advancing precision medicine and accelerating health research innovations.
In November 2024, the Instituto Politécnico Nacional and University of Oxford collaboration on colon cancer research has driven innovation, strengthening Mexico’s position in the biobanking market globally.
Compound Annual Growth Rate
3.7%
Value in USD Billion
2026-2035
*this image is indicative*
The market is growing steadily, driven by national genomic initiatives and advanced collaborations integrating artificial intelligence. Efforts like the Mexican Biobank Project, which collects genetic data from diverse populations, are improving disease prevention and personalized medicine. These developments are also encouraging greater public participation, strengthening the research ecosystem further. Additionally, partnerships between local and international institutions boost innovation and research capabilities. Growing demand for biobanking services and cutting-edge technologies positions Mexico as an emerging hub for biobanking and life sciences research in the region.
National Genomic Initiatives Fuel Growth in the Market
Significant push toward national-scale genetic research is expected to drive growth in the market. For instance, in January 2024, Disease Models & Mechanisms spotlighted the Mexican Biobank Project, which genotyped over 6,000 individuals from all 32 states. The project marks a vital step in building a comprehensive genetic reference for the country. This data provides valuable insights that can improve disease prevention and treatment strategies tailored to the Mexican population. It also fosters greater representation of diverse populations in scientific studies. As public awareness increases, more individuals may participate in biobanking efforts, further strengthening the research ecosystem.
Increasing Cutting Edge AI Collaborations Propelling the Mexico Biobanking Market Value
The integration of advanced technologies and collaborative research efforts is expected to be a strong growth driver in the market. For instance, in March 2025, United States and Mexican universities teamed up to combine artificial intelligence with Latin America’s largest biobank to address Latino health disparities. This collaboration not only enhances data analysis but also accelerates precision medicine development tailored to diverse populations. Such initiatives significantly boost biobanking technology, positioning Mexico as a hub for innovative healthcare solutions and research partnerships.
The market is witnessing several emerging trends, including international collaborations and AI-driven precision medicine advancements.
Rising International Partnerships Driving Innovation in the Market
Collaborations between leading institutions are becoming a key trend shaping the market. For instance, in November 2024, the Instituto Politécnico Nacional (IPN) and the University of Oxford partnered to establish a national biobank focused on colon cancer research. This collaboration aims to enhance understanding of the disease's genetic, cellular, and molecular characteristics in the Mexican population. By integrating international expertise and resources, the initiative is expected to accelerate diagnostic advancements and personalized treatment strategies, positioning Mexico as a leader in global biobanking efforts.
Blood Products to Lead the Market Segmentation by Sample Type
Blood products are expected to lead the segment due to their widespread use in diagnostics, transfusions, and therapeutic applications. The increasing focus on personalized medicine and improved healthcare infrastructure has further fueled the demand for blood-based samples. The growing prevalence of chronic diseases and the rising demand for blood-based tests have significantly driven market growth. Additionally, advancements in blood product processing and storage have improved efficiency, further boosting the segment’s expansion. Other segments like human tissues, cell lines, nucleic acid, and human waste products also contribute in the market.
The key features of the market report comprise funding and investment analysis, and strategic initiatives by the leading players. The major companies in the market are as follows:
Founded in 1956 and headquartered in Waltham, Massachusetts, Thermo Fisher Scientific Inc. is a global leader in life sciences and laboratory equipment. The company offers a wide range of products, including reagents, instruments, and software that support research, diagnostics, and biopharmaceutical production. Its innovative solutions have greatly advanced scientific discovery and healthcare, making Thermo Fisher a key driver of growth and innovation in the life sciences industry. The company’s strong focus on research and development continuously drives new product introductions. Its extensive global distribution network ensures broad accessibility to its cutting-edge technologies.
Established in 1936 and based in Tokyo, Japan, PHC Holdings Corporation specializes in medical and laboratory refrigeration solutions. The company is known for its advanced temperature-controlled storage systems that preserve biological samples and ensure sample integrity. PHC Holdings’ dedication to quality and innovation has made it a major player in biobanking and clinical research, significantly contributing to the reliability and development of the life sciences sector. They also emphasize sustainable technologies to reduce environmental impact. Their strong customer service and tailored solutions enhance client trust and market presence.
Founded in 1984 and headquartered in Hilden, Germany, Qiagen N.V. focuses on sample and assay technologies essential for molecular diagnostics and research. The company provides high-quality tools for DNA, RNA, and protein analysis, supporting disease detection and personalized medicine. Qiagen’s continuous innovation in molecular testing solutions has positioned it as a leader in academic and clinical laboratories, enhancing precision medicine worldwide. Strategic collaborations have further expanded their market reach and product capabilities. The company’s commitment to regulatory compliance ensures trust across global healthcare markets.
Tecan Group Ltd. was founded in 1980 and is headquartered in Männedorf, Switzerland. The company specializes in automated laboratory instruments that streamline workflows in genomics, proteomics, and diagnostics. Tecan’s innovative automation platforms improve efficiency and accuracy in research and clinical testing. Its commitment to technological advancement has made Tecan a vital contributor to growth and progress in the life sciences industry. The company’s adaptability helps labs meet evolving research demands and regulatory requirements. Ongoing investments in AI and robotics position Tecan for future innovation.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other key players in the market include Becton, Dickinson and Company (BD), Merck KGaA, Avantor, Inc., Cryoport Inc., Azenta Inc., and Greiner AG.
The market report offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Storage Type
Market Breakup by Sample Type
Market Breakup by Ownership
Market Breakup by Application
Market Breakup by End User
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Storage Type |
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| Breakup by Sample Type |
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| Breakup by Ownership |
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| Breakup by Application |
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| Breakup by End User |
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