Biopreservation Market Size, Competitive Landscape and Market Forecast - 2029

SKU: DMPH255 | Last Updated On: Jul 19 2022 | Available Formats

> Global Biopreservation Market Expected to reach a high CAGR By 2029: DataM Intelligence

Global Biopreservation Market is segmented By Biopreservation Media ( Freeze Media,  Hypothermic Storage, and Shipping Media), By Biopreservation Equipment (Freezers, Cryosystems, Thawing Equipment, Incubators, Centrifuges, Other Equipment), By Sample (Organs, Cells, Blood, Others), By End-User (Biobanks, Drug Discovery Industries, Hospitals, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Size, Share, Outlook, and Opportunity Analysis, 2022-2029

 

Market Overview

The Global Biopreservation Market is expected to grow at a CAGR during the forecasting period (2022-2029).

Market Growth

  • The market growth is driven by several factors such as increasing healthcare expenditure, favorable government initiatives in the form of funds, contracts, grants, and other funding mechanisms.

Market Segmentation

  • The Global Biopreservation market is segmented by Biopreservation Media such as Freeze Media and Hypothermic Storage and Shipping Media.
  • By Biopreservation Equipment, the market is segmented into Freezers, Cryosystems, Thawing Equipment, Incubators, Centrifuges, and Other Equipment.
  • By Sample, it is segmented into Organs, Cells, Blood, and Others. Based on End-User, the market is segmented into Biobanks, Drug Discovery Industries, Hospitals, and Others.
  • The biobanks segment accounted for the largest market share due to the increasing harmonization of biobanks and research collaborations.
  • The need for the clinical samples to perform translational research is increasing, especially cancer research which is boosting the demand for biobanking during the forecast period.

Geographical Analysis

  • Geographically, the market is segmented into North America, South America, Europe, Asia-Pacific, and RoW. North America accounted for the largest market share in the global biopreservation industry with a revenue share of over 40% majorly due to novel drug developments and therapies in biomedical research and the rise in the population requiring diagnosis and treatment of acute and chronic diseases in this region.

Competitive Trends

  • The major players of the global Biopreservation market include Biolife Solutions Inc., Cesca Therapeutics Inc., Lifeline Scientific Inc., Sigma-Aldrich Corporation, Thermo Fisher Scientific Inc., VWR Corporation, Biocision, Llc, Core Dynamics Ltd, Princeton Cryotech, Inc., and. Custom Biogenic Systems Inc.
  • BioLife Solutions offers a wide range of Biopreservation media products such as CryoStor® Freeze Media, HypoThermosol®, Cell Thawing Media, and BloodStor® Biopreservation Media
  • The report covers the factors impacting the market, Porter 5 Forces, Market Share Analysis, Price trend analysis, Product Benchmarking, and company profiles.

Reasons to purchase this report

  • Visualize the composition of the Global Biopreservation market across each indication, in terms of type and applications, highlighting the key commercial assets and players.
  • Identify commercial opportunities in Global Biopreservation by analyzing trends and co-development deals.
  • Excel data sheet with thousands of data points of the Global Biopreservation market level 4/5 segmentation
  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study
  • Product mapping in excel for the key Global Biopreservation products of all major market players

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