Press Release

Biopreservation Market worth at the rate of 9.2% CAGR

December, 2020

" COVID-19 impact on Healthcare Fraud Analytics market, size, share, growth, industry analysis and forecast 2020-2026 "

Biopreservation is described as the process of conserving the cells, tissues, or organs outside their indigenous environment for intensifying the lifetime. This process has become an effective preservation technique for an extended period of storage. Due to this, biopreservation has emerged as a crucial process for the success of several biological and commercial purposes of emerging cell-based technologies.

The increasing requirement of biopreservation equipment due to the rising preference for proper preservation of biological specimens is likely to enhance market growth. Further, the rising demand for personalized medicine and increasing funding for regenerative medicine research is expected to drive the Biopreservation market. But somehow, the safety issues related to the tissue damage while freezing is the factor that is hampering the market growth.

Furthermore, there is an increase in organ transplantation due to the rising organ failures such as kidney failure, liver problems, and other organ-related issues. This factor is further generating the growth opportunity for the biopreservation market in emerging region like the Asia Pacific during the forecast period.

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The Biopreservation Market research report titled “Biopreservation Market by Type, Application, End-User, and Geography – Global Forecast to 2026

Merck KGaA, Avantor, Inc., Bio-Techne Corporation, BioLife Solutions, Inc., Thermo Fisher Scientific Inc, ThermoGenesis Holdings, Inc., Worthington Industries, Inc and Chart Industries, Inc. These are the few leading companies list of the biopreservation market.

In the market, as per the regional analysis, North America is holding the maximum share. The maximum share is attributed to the high adoption of regenerative medicine in treatment in this region. The Asia Pacific has high growth in the biopreservation market compared to other regions due to the increasing expenditure in life science research by the public and private healthcare sector and the increasing number of biobanks.

The report consists of 117 Tables and 77 charts depicting the in-depth market study and the impact analysis of COVID-19.

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By Type

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

By Application

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

By End User

  • Biobanks
  • Gene Banks
  • Hospitals
  • Other End Users

By Region

  • North America
  • Europe
  • Asia - Pacific
  • Rest of the World

Mr. Karthick Subramani

Infoholic Research LLP

Marketing & Communication