According to the recent study the biopreservation market is projected to grow with a CAGR of 8%-10% from 2020 to 2025. Growth in this market is primarily driven by increasing R&D investments, advancements in biobank sing, growing trend of conserving cord blood stem cells of newborns, rising investments in regenerative medicine research, and increasing demand for personalized medicine.
Browse XX figures /
charts and XX tables in this 150 -page report to understand trends,
opportunities and forecast in biopreservation market by type (media (sera), and
equipment (thawing equipment, alarms, and freezers)), bio specimen (human
tissue, stem cells, and organs), application (therapeutics, research, and
clinical trials), end user (hospitals, biobanks, gene banks, and others), and
region (North America, Europe, Asia Pacific, and Rest of the World).
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and view detailed Table of Content by clicking on below link https://www.lucintel.com/biopreservation-market.aspx
“Equipment market is expected to remain
the largest segment during the forecast period.”
Based on type, the
biopreservation market is segmented into media (sera), and equipment (thawing
equipment, alarms, and freezers). Lucintel forecasts that the equipment market
is expected to remain the largest segment due to the increasing demand for
bio-bankss, extensive usage in DNA, plasma, stem cell, and tissue research,
widespread adoption, high cost efficiency, and low maintenance.
“Within the biopreservation market, the biobanks segment is
expected to remain the largest end user.”
Based on end user, the biobanks
segment is expected to witness the highest growth over the forecast period due
to growing awareness of biopreservation among researchers, increasing number of
sperm and egg banks, adoption of assisted reproductive technology,
collaboration of biopharmaceutical companies with national bio-banks, and
tissue preservation centers at hospitals.
“North America will dominate the biopreservation market in near
future.”
North America will
remain the largest region, and it is also expected to witness the highest
growth over the forecast period due to consistent drug developments and
advanced therapies in the field of biomedical research, rise in patient base
requiring high-end treatment for chronic diseases, and high demand for
biopreservation products and services.
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Major players of
biopreservation market are adopting various growth strategies like new product
launches, expansions, merger and acquisitions, partnerships, agreements, and
collaborations to expand their presence in this market. Thermo Fisher
Scientific, Merck, Avantor, ThermoGenesis, Bio-Techne Corporation, BioLife
Solutions, Exact Sciences Corporation, Worthington Industries, and Chart
Industries are among the major biopreservation providers.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or click on this link https://www.lucintel.com/biopreservation-market.aspx or helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer
solutions for you growth through game changer ideas and robust market &unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times. For further information, visit www.lucintel.com.
Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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