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Biopreservation Market Size, Share, Development by 2024– Top Key players like GE Healthcare,Lonza,Biolife Solutions,Inc.
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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.
The global Biopreservation market is valued at 510 million US$ in 2018 is expected to reach 1700 million US$ by the end of 2025, growing at a CAGR of 18.8% during 2019-2025.
Market Segment by Manufacturers, this report covers
Thermo Fisher Scientific
GE Healthcare
Sigma-Aldrich(Merck)
VWR International
Lonza
Biolife Solutions
STEMCELL Technologies
WAK-Chemie Medical GmbH
Market Segment by Type, covers
Home-Brew Media
Pre-Formulated Media
Market Segment by Applications, can be divided into
Drug Discovery
Regenerative Medicine
Biobanking
Other
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Related Information:
North America Biopreservation Market Growth 2019-2024
United States Biopreservation Market Growth 2019-2024
Asia-Pacific Biopreservation Market Growth 2019-2024
Europe Biopreservation Market Growth 2019-2024
EMEA Biopreservation Market Growth 2019-2024
Global Biopreservation Market Growth 2019-2024
China Biopreservation Market Growth 2019-2024
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