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Biopreservation Market Trends, Industry Research, Reports With Panasonic, Chart MVE, MedCision, Biomatrica, LabVantage Solutions, Inc , BioLife Solutions

Biopreservation Market is estimated to reach USD 7206.06 million by 2026, registering a healthy CAGR of 11.62% in the forecast period of 2019-2026. This rise in market value can be attributed to the rising healthcare expenditure, advanced biobanking and growing trends of conservative cord blood stem cells of newborn.

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Biopreservation is a technique that aids in the preservation of bio specimens like purified DNA, saliva and plasma. This technique primarily increasing stability, shelf life and purity of the bio specimens. It’s used in the storage of cells, shelf life and the tissues. The equipment of this comprises of the refrigerators, liquid nitrogen and consumables, and media and laboratory information management systems. Biobanking is a type of biopreservation which is widely used in in medical research like genomics research and for personalized medicine.

According to National Diabetes Statistics Report, in The U.S. around 30 million people accounting for 9.4% population had diabetes in 2015. This increase in number act as a market growth. Few of the major competitors currently working in the biopreservation market are

  1. Thermo Fisher Scientific Inc.
  2. Sigma-Aldrich Co.
  3. BioLifeSolutions Inc.
  4. Lifeline Scientific
  5. BioCision
  6. Cesca Therapeutics, Inc.

Other Players Are Core Dynamics, Ltd., Custom Biogenic Systems, So-Low Environmental Equipment Co., Princeton CryoTech, Biomatrica, Inc., Chart Industries, LabVantage Solutions, Inc., Atlanta Biologics Inc., Taylor-Wharton, Panasonic Corporation, QIAGEN, VWR International, LLC, Biogenics, Inc. and among others.

 Key Developments in the Market:

In February 2018, BioLife Solutions announced that an executed OEM Agreement with MilliporeSigma. OEM agreement is to supply its CryoStor cell freeze media and HypoThermosol cell storage and shipping media under private label to MilliporeSigma, the life science business of Merck KGaA, Darmstadt, Germany

In July 2017, Cesca Therapeutics Inc, which is a market leader of automated cell processing and point-of-care, autologous cell-based therapies, announced that they acquire SynGen Inc, which is a CA-based technology company active in the cellular processing field

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Market Drivers

Rising R&D investments, this act as driver to the market

Advances in biobanking and growing trend of conserving cord blood stem cells of newborn, this act as driver to the market

Segmentation: Global Biopreservation Market

By Product

Biopreservation Media

Nutrient Media

Sera

Growth Factors and Supplements

Biopreservation Equipment

Temperature Control Systems

Cryogenic Storage Systems

Thawing Equipment

Freezers

Refrigerators

Accessories

Alarms & Monitoring Systems

Incubators

Centrifuges

Other Equipment

Lab Information Management Systems

By Biospecimen

Human Tissue Samples

Organs

Stem Cells

Other Biospecimens

By Application

Therapeutic Applications

Research Applications

Clinical Trials

Other Applications

By End User

Biobanks

Gene Banks

Hospitals

Other End Users

By Cell Providers

CD34+

CD19+

MSC

iPSC

hESC

Tumor Cells

By Services

Tissue Banking

Cell Banking Service

Organ Banking

Repository Services

By Geography

North America (U.S., Canada, Mexico)

South America (Brazil, Argentina, Rest of South America)

Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Rest of Europe)

Asia-Pacific ( Japan, China, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia Pacific)

Middle East & Africa (South Africa, Egypt, Saudi Arabia, United Arab Emirates, Israel, Rest of Middle East & Africa)

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