Global Biopreservation Market Size, Share, Growth Analysis, By Product(Equipment, Media), By Application(Regenerative Medicine, Bio-banking) - Industry Forecast 2024-2031

Name: Global Biopreservation Market Size, Share, Growth Analysis, By Product(Equipment, Media), By Application(Regenerative Medicine, Bio-banking) - Industry Forecast 2023-2030
Brand: SkyQuest Technology
Price: 5300 USD
Availability: InStock

Report ID: SQMIG35I2223 | Region: Global | Published Date: March, 2024
Pages: 219 | Tables: 63 | Figures: 75

Global Biopreservation Market Dynamics

Global Biopreservation Market Drivers

Increasing Demand for Personalized Medicine

The growing focus on personalized medicine and individualized therapies has fueled the demand for biopreservation solutions. Biopreservation techniques are crucial for preserving biological samples, including cells, tissues, and organs, for research, diagnosis, and treatment purposes.

Global Biopreservation Market Restraints

High Costs

Biopreservation technologies and services can be expensive, particularly for long-term storage and large-scale biobanking activities. The high costs associated with equipment, maintenance, and operational requirements can act as a restraint, limiting the adoption of biopreservation solutions, especially in resource-constrained settings.

Global Biopreservation Market Report Snapshots

License Type Top market research company in USA

File Type

$5,300

BUY NOW GET FREE SAMPLE

Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Global Biopreservation Market size was valued at USD 2.18 billion in 2022 and is poised to grow from USD 2.80 billion in 2023 to USD 20.54 billion by 2031, growing at a CAGR of 28.30% during the forecast period (2024-2031).

Strategic initiatives, finance facilities for regional expansion, partnerships, and acquisitions in important areas are being pursued by market participants. For example, Hamad Medical Corporation & Qatar BioBank introduced an innovative tissue biobank facility in Qatar in January 2023 to provide researchers with access to high-quality tissue samples. 'Thermo Fisher Scientific Inc.', 'Merck KGaA', 'BioLife Solutions, Inc.', 'GE Healthcare', 'VWR International LLC', 'Custom Biogenic Systems, Inc.', 'Chart Industries, Inc.', 'BioCision LLC', 'STEMCELL Technologies Inc.', 'Cesca Therapeutics Inc.', 'Core Dynamics Ltd.', 'Panasonic Healthcare Co., Ltd.', 'Avantor, Inc.', 'Lonza Group Ltd.', 'Brooks Automation, Inc.', 'BioStorage Technologies, Inc.', 'LabVantage Solutions, Inc.', 'Atlanta Biologicals, Inc.', 'Hamilton Company', 'So-Low Environmental Equipment Co.'

The growing focus on personalized medicine and individualized therapies has fueled the demand for biopreservation solutions. Biopreservation techniques are crucial for preserving biological samples, including cells, tissues, and organs, for research, diagnosis, and treatment purposes.

Growing Demand for Cell-based Therapies: The biopreservation market is witnessing a significant surge in demand for cell-based therapies, such as stem cell therapies and CAR-T cell therapies. Biopreservation plays a crucial role in preserving the viability and functionality of cells during storage and transportation, driving the need for advanced biopreservation techniques and solutions.

North America represented a 45.00% revenue share in the biological preservation market in 2022. This can be ascribed to advancements in medical studies and the creation of improved medicines. Furthermore, the increasing number of chronic occurrences that require treatment raises demand for biological preservation in the region, which enhances its market position.

Feedback From Our Clients

"We have purchased recently a report from SkyQuest Technology, and we are happy to inform you that this report was so useful and practical for our team. Skyquest Team was very active and our queries were followed up completely.It was amazing. "

- Mr. Ali Zali, Commercial Director, ICIIC Iran.

Global Biopreservation Market Size, Share, Growth Analysis, By Product(Equipment, Media), By Application(Regenerative Medicine, Bio-banking) - Industry Forecast 2024-2031

Global Biopreservation Market Dynamics

Global Biopreservation Market Report Snapshots

Want to customize this report?

FAQs

What is the global market size of Biopreservation Market?

Who are the key vendors in the Global Biopreservation Market?

What is the key driver of Global Biopreservation Market?

What is the key market trend for Global Biopreservation Market?

Which region accounted for the largest share in Global Biopreservation Market?

Request Free Customization

Related Reports

Feedback From Our Clients

$5,300