Biopreservation is a technique used for the storage of cells and tissues in a hypothermic or chemical environment to preserve biological samples with sustained integrity.Biopreservation of cells, tissues, and organs is a frequently applied and required practice used to extend the stability and viability in both short-term and long-term storage of samples for research and clinical applications.
The growing life science in all regions is expected to generate demand and drive the Biopreservation market during the forecast period. The biopreservation media market is driven by factors such as advancements in the regenerative market and biobanking. Corporate, government, and non-government organizations are making huge investments in cell-therapy and regenerative medicine research. These investments hold great promise to identify the cause of diseases, translate findings, and accelerate personalized medicine as well as to improve diagnostics, public health, and preventive measures. Investments in related research are also helping in expanding the market for biopreservation media.
The key players are Thermo Fisher Scientific, GE Healthcare, Sigma-Aldrich (Merck), VWR International, Lonza, Biolife Solutions, STEMCELL Technologies, WAK-Chemie Medical GmbH and so on. The industry is relatively concentrate, the top three bands of Thermo Fisher Scientific, GE Healthcare, Sigma-Aldrich (Merck) which account for more than 60% revenue market share in 2018.
According to this study, over the next five years the Biopreservation market will register a 18.6% CAGR in terms of revenue, the global market size will reach US$ 1190 million by 2024, from US$ 510 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Biopreservation business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Biopreservation market by product type, application, key manufacturers and key regions and countries.
This study considers the Biopreservation value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Home-Brew Media
Pre-Formulated Media
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Drug Discovery
Regenerative Medicine
Biobanking
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Thermo Fisher Scientific
GE Healthcare
Sigma-Aldrich(Merck)
VWR International
Lonza
Biolife Solutions
STEMCELL Technologies
WAK-Chemie Medical GmbH
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Biopreservation consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Biopreservation market by identifying its various subsegments.
Focuses on the key global Biopreservation manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Biopreservation with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Biopreservation submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
