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Quality Preserved: Exploring the GMP Storage Market's Evolution in 2033 - Safeguarding Pharmaceuticals, Biologics, and Medical Supplies with State-of-the-Art Storage Solutions
GMP Storage Market
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A historic CAGR of 4.4% was seen in the last nine years, from 2012 to 2021, on the global GMP storage market. The development of large molecule biological products that need to be stored chilled or frozen has been spurred by the current emphasis on vaccine manufacture. The global market is positively impacted by these new items, but temperature-controlled GMP storage is essential.
The cost of building and maintaining temperature-controlled GMP storage facilities is the first consideration. In addition to refrigeration equipment, such facilities require significant security, building management/temperature monitoring, inventory management, and backup power systems. For the upkeep and operation of the equipment as well as regulatory compliance, they also require qualified personnel.
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Companies
ThermoGenesis Holdings, Inc.
ThermoFisher Scientific Inc.
BioLife Solutions, Inc.
Danaher(Cytiva)
MEDIPOST
REMI GROUP
Eurofins Scientific
Eppendorf
Intertek Group Plc
Arctiko
Bioline Technologies
Hindustan Apparatus Mfg. Co.
P L Tandon & Co.
Stericox India Private Limited
SY-LAB Geräte GmbH
BioConvergence LLC d/b/a Singota Solutions
PHC Holdings Corporation
Pace Life Sciences
Haier Biomedical
Helmer Scientific Inc.
Competitive Landscape
To strengthen their product lines around the globe, leading manufacturers are developing technologically-advanced products. Similarly, several major competitors in the GMP storage industry have engaged in consolidation activities such as mergers & acquisitions. Another significant approach noticed in the industry is the expansion of corporate collaborations to boost their GMP storage services.
BioLife Solutions, Inc. acquired Global Cooling, Inc. in May 2021, which has a portfolio of freezers ranging in size from portable units to stationary upright freezers to suit a wide range of applications.
BioLife Solutions debuted a new high-capacity, controlled-rate freezer line in April 2021, with the first shipment going to a leading cell treatment provider.
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Key Segments Covered in GMP Storage Industry Research
GMP Storage Market by Product & Service:
GMP Storage Products
Refrigerators and Freezers
Cryogenic Storage
GMP Storage Services
GMP Storage Market by Application:
Cell & Gene Therapy
Cell Banking
Biologics
Small Molecules
Others
GMP Storage Market by End User:
Biopharmaceutical Companies
Contract Manufacturing Organizations
Contract Research Organizations
Research & Academic Institutes
GMP Storage Market by Region:
North America GMP Storage Market
Latin America GMP Storage Market
Europe GMP Storage Market
South Asia GMP Storage Market
East Asia GMP Storage Market
Oceania GMP Storage Market
The Middle East & Africa GMP Storage Market
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Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductors and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.
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