Biopreservation Market Growing With 11.62 Percent CAGR | Thermo Fisher Scientific, Sigma-Aldrich, BioLife Solutions, Lifeline Scientific, Cesca Therapeutics, Core Dynamics, Princeton Cryotech

Biopreservation Market Growing With 11.62 Percent CAGR | Thermo Fisher Scientific, Sigma-Aldrich, BioLife Solutions, Lifeline Scientific, Cesca Therapeutics, Core Dynamics, Princeton Cryotech

Biopreservation Market By Products (Biopreservation Media, Biopreservation Equipment, LIMS), Biospecimen, Application, End User, Services, Geography

This Biopreservation report splits the market by definition, specification and applications of segments by regions like North America, South America, Asia and Pacific region, Middle east and Africa and Europe. then the report analyzes the world’s main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast. The Biopreservation report offers SWOT analysis which identifies Strength, Weakness, opportunities and threats of the market.  It also assesses the performance, competition, risk and potential of a business as well as part of business such as product line or division, an industry or other entity.

Biopreservation Market is estimated to reach USD 7206.06 million by 2026, registering a healthy CAGR of 11.62% in the forecast period of 2019-2026. This rise in market value can be attributed to the rising healthcare expenditure, advanced biobanking and growing trends of conservative cord blood stem cells of newborn.

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Biopreservation is a technique that aids in the preservation of bio specimens like purified DNA, saliva and plasma. This technique primarily increasing stability, shelf life and purity of the bio specimens. It’s used in the storage of cells, shelf life and the tissues. The equipment of this comprises of the refrigerators, liquid nitrogen and consumables, and media and laboratory information management systems. Biobanking is a type of biopreservation which is widely used in in medical research like genomics research and for personalized medicine.

Using the internal and external data this Biopreservation report can guide the business toward strategies more likely to be successful and  away from those in which they have been or are likely to be , less successful.  It also focuses on the weakness of the organization that could help to stop from performing at its optimum level and refers to the favorable external factors that could give an organization a competitive advantage. This Biopreservation report helps to identify the threats that can impact the business in the future.

According to National Diabetes Statistics Report, in The U.S. around 30 million people accounting for 9.4% population had diabetes in 2015. This increase in number act as a market growth. Few of the major competitors currently working in the biopreservation market are

  • Thermo Fisher Scientific Inc.
  • Sigma-Aldrich Co.
  • BioLifeSolutions Inc.
  • Lifeline Scientific
  • BioCision
  • Cesca Therapeutics, Inc.

Other Players Are Core Dynamics, Ltd., Custom Biogenic Systems, So-Low Environmental Equipment Co., Princeton CryoTech, Biomatrica, Inc., Chart Industries, LabVantage Solutions, Inc., Atlanta Biologics Inc., Taylor-Wharton, Panasonic Corporation, QIAGEN, VWR International, LLC, Biogenics, Inc. and among others.

 Market Drivers

  • Rising R&D investments, this act as driver to the market
  • Advances in biobanking and growing trend of conserving cord blood stem cells of newborn, this act as driver to the market

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Segmentation: Global Biopreservation Market

By Product

  • Biopreservation Media
  • Nutrient Media
  • Sera
  • Growth Factors and Supplements
  • Biopreservation Equipment
  • Temperature Control Systems
  • Cryogenic Storage Systems
  • Thawing Equipment
  • Freezers
  • Refrigerators
  • Accessories
  • Alarms & Monitoring Systems
  • Incubators
  • Centrifuges
  • Other Equipment
  • Lab Information Management Systems

By Biospecimen

  • Human Tissue Samples
  • Organs
  • Stem Cells
  • Other Biospecimens

By Application

  • Therapeutic Applications
  • Research Applications
  • Clinical Trials
  • Other Applications

By End User

  • Biobanks
  • Gene Banks
  • Hospitals
  • Other End Users

By Cell Providers

  • CD34+
  • CD19+
  • MSC
  • iPSC
  • hESC
  • Tumor Cells

By Services

  • Tissue Banking
  • Cell Banking Service
  • Organ Banking
  • Repository Services

 By Geography

  • North America (U.S., Canada, Mexico)
  • South America (Brazil, Argentina, Rest of South America)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Rest of Europe)
  • Asia-Pacific ( Japan, China, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia Pacific)
  • Middle East & Africa (South Africa, Egypt, Saudi Arabia, United Arab Emirates, Israel, Rest of Middle East & Africa)

 Key Developments in the Market:

  • In February 2018, BioLife Solutions announced that an executed OEM Agreement with MilliporeSigma. OEM agreement is to supply its CryoStor cell freeze media and HypoThermosol cell storage and shipping media under private label to MilliporeSigma, the life science business of Merck KGaA, Darmstadt, Germany
  • In July 2017, Cesca Therapeutics Inc, which is a market leader of automated cell processing and point-of-care, autologous cell-based therapies, announced that they acquire SynGen Inc, which is a CA-based technology company active in the cellular processing field

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