openPR Logo
Press release

Biopreservation Market - Emerging Trends 2025 | Princeton Cryotech Inc., Sigma-Aldrich Corporation, Biolife Solutions Inc.

04-01-2019 01:30 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: TMR Research

/ PR Agency: TMR Research
Biopreservation Market - Emerging Trends 2025 | Princeton

Global Biopreservation Market: Snapshot

Biopreservation is a process for conserving the tissues, organs and cells along with maintaining their integrity and functionality at different temperatures for a prolonged period of time. The necessary products for biopreservation are cryo bags, tubes, refrigerators, liquid nitrogen tanks, and freezers. These biopreservation equipment have applications in stem cell, DNA, and plasma and tissue research which helps the market to grow steadily. Various researches being carried out in cell therapy and the increasing number of bio banks also encourage market expansion. Currently, the geriatric population is affected with many disorders related to their lifestyle, namely cardiovascular disease, chronic illness, hypertension, and cancer. Biopreservation applications such as drug discovery, regenerative medicines, and bio banking help the consumers or patients during their life span and even at the time of death.

Get Brochure of the Report @
www.tmrresearch.com/sample/sample?flag=B&rep_id=1340

The enormous growth in the global biopreservation market is accelerated by the rising healthcare expenditure, increasing trend of conserving cord blood stem cells of newborns, and the growing investments in research and development pertaining to this field. A considerable healthcare spending is expected to drive the gene banks, bio banks and hospitals to focus on biopreservation. High costs of advanced techniques and stability issues such as tissue injury during thawing and freezing have been considered as some of the primary factors restraining the biopreservation market growth. One of the prominent names in the industry, BioLife Solutions has signed a ten years business supply agreement with Bellicum Pharmaceuticals for manufacturing, marketing of proprietary tissue and cell, and various cellular immunotherapies which target solid tumors and blood cancers. The influential regions for the biopreservation market are North America, Europe and Asia Pacific. Asia Pacific is expected to offer significant growth opportunities to market players, mostly driven by the demand arising from India and China.

Global Biopreservation Market: Overview

Biopreservation involves maintaining the functionality and integrity of cells, tissues, and organs outside their natural environment for an extended period of storage at different temperatures. For instance, vaccines save 3 million lives every year in the U.S, however, vaccines worth US$ 20 million are wasted each year due to inadequate storage and improper refrigeration.

Biopreservation safeguards the stability, purity, and quality of biospecimens saved in hospitals, biobanks, and gene banks. For instance, preservation of red blood cells (RBCs) is required for the ready availability of safe blood for blood transfusion needs. The biopreservation of RBCs for clinical purposes can be divided on the basis of techniques used to attain biologic stability and safeguard a viable state after extended storage times.

Global Biopreservation Market: Key Trends

The major factors driving the global biopreservation market include increasing R&D expenditure, increasing number of sperm and egg banks, increasing demand for preserving the stem cells of newborns, and rising adoption of regenerative medicine.

Across the world, the increasing healthcare expenditure for health and well-being will stimulate the growth of the biopreservation market. This is because healthcare expenditure accounts for a significant part of the developmental budget of most countries. According to data from the World Bank, public healthcare spending is expected to rise at a substantially high rate, which along with a substantial healthcare spending will be an important driver for gene banks, hospitals, and biobanks, which are the key end-users of biopreservation market.

A large population afflicted with chronic disorders such as cardiovascular diseases, diabetes, cancer, and hypertension as well as lifestyle diseases will bolster the market’s growth. The increasing public and private spending on, medical goods and services, rising disposable income, increasing demand for biobanking services for the preservation of cells, tissues, and organs, and rising disposable income are also expected to further enhance the growth of the global biopreservation market.

Request TOC for Detailed Facts & Numbers @
www.tmrresearch.com/sample/sample?flag=T&rep_id=1340

Global Biopreservation Market: Market Potential

In a recent development in the biopreservation industry, BioLife Solutions, a leading name in developing, manufacturing, and marketing of proprietary cell and tissue has entered into a ten year business supply agreement with Bellicum Pharmaceuticals. The latter is a leading name in the development of cellular immunotherapies for cancers and inherited blood disorders. On account of this supply agreement, BioLife’s CryoStor cell freeze media is incorporated into Bellicum’s production process for various cellular immunotherapies that targets blood cancers and solid tumors.

In another industry development, BioLife Solutions has entered into a partnership with transportation firm MNX and expects heightened demand for its biologistics services with the entry of more cell therapies into the clinic.

Global Biopreservation Market: Regional Outlook

The global biopreservation market can be analyzed with respect to the regional segments of North America, Europe, Asia Pacific, and Rest of the World. In North America, the U.S. accounts for almost half the revenue of the region. This is due to the increasing demand for detection of chronic diseases, government stipulations for the ethical usage of biological samples, and introduction of newer of biopreservation methodologies.

Asia Pacific biopreservation market, driven by India and China will display a sustainable growth over the next couple of years

Global Biopreservation Market: Competitive Analysis

Some of the key companies operating in the global Biopreservation market include Thermo Fischer Scientific Inc., VWR Corporation, Lifeline Scientific Inc., BioCision LLC, Custom Biogenic Systems Inc., Princeton Cryotech Inc., Sigma-Aldrich Corporation, Biolife Solutions Inc., Cesca Therapeutics Inc., Core Dynamics Ltd., and So-Low Environmental Equipment Co. Inc.

Top companies in the market are focused on mergers and acquisitions, practicing effective services, and develop new products to stay competitive in the biopreservation market. Expanding geographical reach and developing a broad product portfolio with respect to refrigerators, freezers, and consumables is also leading to the increased market share of some of the top players.

About TMR Research
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Contact:
TMR Research,
3739 Balboa St # 1097,
San Francisco, CA 94121
United States
Tel: +1-415-520-1050

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Biopreservation Market - Emerging Trends 2025 | Princeton Cryotech Inc., Sigma-Aldrich Corporation, Biolife Solutions Inc. here

News-ID: 1681430 • Views: 1215

More Releases from TMR Research

Multi-Touch Marketing Attribution Software Market Scope and Opportunities Analys …
Global Multi-Touch Marketing Attribution Software Market: Overview Multi-touch marketing attribution software market is in its nascent stages of progress. The market prepares advertisers with a holistic understanding between various touch points and resulting final sales. Get Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=5052 The two approaches adopted in the multi-touch marketing attribution software market are first-source attribution and last touch attribution. As the name suggests, the first touch attribution devotes all credit to
Automatic Train Control Market Current Trends and Future Aspect Analysis 2018 …
Global Automatic Train Control Market: Overview The automatic train control market is rising owing to rise in population and urbanization, innovations targeting passenger convenience, and evolving trend of smart cities. The first share of the package of an automatic train control system is automatic train protection (ATP), in which the train is provided by a limit of movement authority (LMA). This depends on the train’s existing speed, its braking competence, and
Gamification in Education Market Competitive Analysis and Forecast 2018-2028 | B …
Global Gamification in Education Market: Overview Learning is no longer about reading books or making notes. In the recent years, people have found innovative ways to teach and learn. One such interesting learning element is introducing gaming in education. In the past few years, the global gamification in education market has gained huge momentum and is predicted to garner more growth in the coming years. Get Sample Copy of the Report @
Out of band Authentication Market Dynamic Business Environment during 2018 - 202 …
Global Out of Band Authentication Market: Overview The global out-of-band authentication market is likely to display monumental growth in the near future. Spanning outside the defined band for telecommunications frequency, out-of-band is an activity mainly used for protection from false decode in telecommunication systems. Get Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=5040 To define, out of band authentication (OOBA) refers to a process where authentication is carried out using two different signals using

All 26569 Releases


More Releases for Biopreservation

Biopreservation Market Potential Analysis 2017 - 2025
Global Biopreservation Market: Snapshot Biopreservation is a process for conserving the tissues, organs and cells along with maintaining their integrity and functionality at different temperatures for a prolonged period of time. The necessary products for biopreservation are cryo bags, tubes, refrigerators, liquid nitrogen tanks, and freezers. These biopreservation equipment have applications in stem cell, DNA, and plasma and tissue research which helps the market to grow steadily. Various researches being carried
Biopreservation Market Enormous Growth during 2017 - 2025
Global Biopreservation Market: Snapshot Biopreservation is a process for conserving the tissues, organs and cells along with maintaining their integrity and functionality at different temperatures for a prolonged period of time. The necessary products for biopreservation are cryo bags, tubes, refrigerators, liquid nitrogen tanks, and freezers. These biopreservation equipment have applications in stem cell, DNA, and plasma and tissue research which helps the market to grow steadily. Various researches being carried
Biopreservation Market : Professional Survey Report 2017 - 2025
Global Biopreservation Market: Snapshot Biopreservation is a process for conserving the tissues, organs and cells along with maintaining their integrity and functionality at different temperatures for a prolonged period of time. The necessary products for biopreservation are cryo bags, tubes, refrigerators, liquid nitrogen tanks, and freezers. These biopreservation equipment have applications in stem cell, DNA, and plasma and tissue research which helps the market to grow steadily. Various researches being carried
Biopreservation Market share valued $9.7bn by 2024
Global Biopreservation Market growth is driven by growing number of biobanks for preservation of stem cells and improved acceptance of assisted reproductive technology (ART). The trend of people suffering from lifestyle diseases will further stimulate industry expansion. Biopreservation Market size will reach to USD 9.7 billion by 2024; growing at 13.4% CAGR, according to a new research report by Global Market Insights, Inc. Soaring expenditures on medical goods and services, growing
PharmaPoint : Global Biopreservation Market 2017-2021
Albany, New York, July 25, 2017 : Recent research and the current scenario as well as future market potential of " Biopreservation Market Globally Grow at a CAGR of 12.43% by Revenue During the Forecast Period 2017-2021 " globally. Bio preservation is a process that uses effective storage techniques to preserve the indigenous functionality and integrity of cells, tissues, and organs at different temperatures for an extended period. Earlier, in the
02-03-2017 | Health & Medicine
TMR
Global Biopreservation Market Shifts to High Gear with Improvements in Biopreser …
This report encompasses market estimations for the global biopreservation market for the forecast period 2013 to 2019. The market size is forecast considering 2012 as the base year and is represented in terms of USD million. The stakeholders for this report include market players in the biopreservation industry who aspire to gain further insights into this market in terms of different product types and applications. Moreover, this report can also