
Report ID: SQMIG35J2128
SkyQuest Technology's Tissue banking market size, share and forecast Report is based on the analysis of market data and Industry trends impacting the global Tissue Banking Market and the revenue of top companies operating in it. Market Size Data and Statistics are based on the comprehensive research by our Team of Analysts and Industry experts.
Global Tissue Banking Market size was valued at USD 4.3 Billion in 2023 poised to grow from USD 4.53 Billion in 2024 to USD 6.84 Billion by 2032, growing at a CAGR of 5.3% in the forecast period (2025-2032).
The global rise in chronic diseases such as cardiovascular disorders, diabetes, and cancer, along with increasing incidences of trauma and severe burns, has significantly amplified the number of transplant surgeries being performed each year. This surge in surgical interventions leads to a heightened need for human tissues—such as heart valves, corneas, skin grafts, and bone segments—which are crucial for successful reconstructive and therapeutic procedures. In response, healthcare institutions and governments are investing in expanding tissue banking infrastructure to meet the growing demand. This cause-effect relationship directly drives market growth by ensuring a continuous supply of safe and preserved tissues.
Breakthroughs in tissue preservation methods, such as cryopreservation, lyophilization, and vitrification, have significantly enhanced the viability, functionality, and long-term storage of donated tissues are some of the key trends driving the global tissue banking sector. These technologies reduce the risk of contamination and degradation, thereby increasing the shelf life and safety of grafts. As a result, healthcare providers are more confident in utilizing banked tissues for complex surgeries, and patients benefit from improved outcomes. Moreover, these innovations have enabled the storage of a broader range of tissues, including more delicate types like amniotic membranes and cartilage, expanding the application scope of tissue banks and supporting market expansion globally.
How do AI Advancements Reduce Human Error in Tissue Banking Workflows?
Artificial intelligence (AI) is significantly transforming the global tissue banking market by enhancing operational efficiency, predictive analytics, and regulatory compliance. AI-powered tissue banking software automates routine tasks such as sample tracking, labeling, and documentation, thereby reducing human error and improving workflow efficiency. Moreover, AI algorithms analyze complex datasets—including donor information, tissue characteristics, and environmental conditions—to predict tissue viability and transplantation success rates. This predictive capability assists clinicians in selecting the most suitable tissues for patients, leading to improved outcomes. Additionally, AI systems can interpret vast regulatory guidelines and historical data to ensure compliance, minimizing errors and reducing the risk of violations. Collectively, these advancements are propelling the growth and modernization of the tissue banking sector.
In January 2025, Dublin-based medical technology firm Deciphex secured €31 million in Series C funding to enhance its AI-driven diagnostic platforms, Diagnexia and Patholytix. These platforms utilize artificial intelligence to assist pathologists in diagnosing diseases more efficiently, addressing the global shortage of pathologists.
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Global Tissue Banking Market size was valued at USD 4.3 Billion in 2023 poised to grow from USD 4.53 Billion in 2024 to USD 6.84 Billion by 2032, growing at a CAGR of 5.3% in the forecast period (2025-2032).
The competitive landscape of the global tissue banking market outlook is dynamic, with key players focused on expanding their biobanking capabilities. Prominent companies include Thermo Fisher Scientific, BioCision, and Lonza Group. These companies emphasize technological innovation, strategic acquisitions, and partnerships. For example, Thermo Fisher has focused on expanding its cryopreservation technology portfolio, while Lonza Group invests in cell-based therapies and collaborations to strengthen its position in tissue preservation and regenerative medicine applications. 'Thermo Fisher Scientific (USA)', 'Lonza Group (Switzerland)', 'BioCision (USA)', 'Stemcell Technologies (Canada)', 'VWR International (USA)', 'Cryoport, Inc. (USA)', 'Bio-Techne Corporation (USA)', 'Promega Corporation (USA)', 'Charles River Laboratories (USA)', 'Tecan Group (Switzerland)', 'Labcorp Drug Development (USA)', 'Merck KGaA (Germany)', 'Miltenyi Biotec (Germany)', 'Sartorius AG (Germany)', 'Biolife Solutions (USA)', 'In April 2025, Thermo Fisher Scientific launched an advanced cryopreservation system, the CryoCube™ Series, specifically designed for tissue banking applications. This innovation enhances the storage and viability of biological samples by offering precise temperature control and automation, ensuring the preservation quality of sensitive tissues for regenerative medicine research and clinical use.', 'In March 2025, Lonza Group announced a significant upgrade to its cell therapy manufacturing platform. The company introduced new cryopreservation protocols, which are optimized for preserving stem cells and tissues. This breakthrough is expected to enhance the efficiency of biobanks in delivering high-quality samples for clinical applications, expanding access to regenerative treatments.', 'In February 2025, BioCision unveiled its new automated tissue storage system, the CryoStor™-XT. This system provides a reliable, automated solution for tissue banking facilities to store and manage cryopreserved biological materials. The development improves sample integrity and simplifies the workflow, ensuring a higher standard of tissue preservation for research and clinical applications.'
The rising demand for regenerative medicine is a significant driver for the global tissue banking market growth. As the need for stem cell therapies, tissue transplants, and personalized treatments grows, tissue banks provide critical biological materials. This demand accelerates the expansion of tissue preservation technologies and biobanking infrastructure globally.
Increased Adoption of Automated Biobanking Systems: The global tissue banking market trends is witnessing a surge in the adoption of automated systems for tissue collection, storage, and analysis. These technologies improve operational efficiency, reduce human error, and enhance the preservation quality of biological samples, driving innovation and streamlining tissue banking processes.
How does North America's Strong Regulatory Framework Foster Growth in the Tissue Banking Market?
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Report ID: SQMIG35J2128
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