Biopreservation Market demand and future scope with Russia-Ukraine Crisis Impact Analysis - Thermo Fisher Scientific, GE Healthcare, Sigma-Aldrich(Merck)

Analysts' Viewpoint on Biopreservation Market Scenario

The size of the global biopreservation market, which was estimated at USD 2.18 billion in 2022, is expected to increase at a CAGR of 28.40% from 2023 to 2029. The growing trend of preserving newborns' cord blood stem cells, advances in biobanking, rising investments in regenerative medicine research, and rising demand for personalised medicine are the main factors driving the growth of this market. Players in the market can expect to see significant growth opportunities as a result of emerging economies. Growth of the market will be hampered by the high cost of biopreservation equipment, though.

The latest global Biopreservation Market report provides conclusive information about the industry overview, modern trends, demand, and recent development affecting the market growth during the upcoming year. Report also covers the new business development, price, revenue, gross margin, market size, share, potential growth, and upcoming strategy followed by leading players. The research report provides insight into main drivers, challenges, opportunities and risk of the market. Key players are profiled as well with their market shares in the Market discussed. Overall, this report covers the historical situation, present status and the future prospects. The Biopreservation industry research report encompasses research methodologies, and porter's five forces analysis, product scope, CAGR status.

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**In case you need any specific business requirements, you can mention the same. We can customize the report based on the exact needs of the client**.

Our Sample Report Includes:

- 2023 Updated Report Introduction, Overview, and In-depth industry analysis
- COVID-19 Pandemic Outbreak Impact Analysis Included
- 150 + Pages Research Report (Inclusion of Updated Research)
- Provide Chapter-wise guidance on Request
- Biopreservation Market Research methodology

Top Companies Covered in This Report:

Thermo Fisher Scientific, GE Healthcare, Sigma-Aldrich(Merck), VWR International, Lonza, Biolife Solutions, STEMCELL Technologies, WAK-Chemie Medical GmbH and Other…

Recent Developments

Basel, Switzerland, 18 January 2022 - Lonza announced the launch of its new bYlok™ technology platform for the discovery and design of bispecific antibodies. Bispecific antibodies (bsAbs) show promising effectiveness with precision targeting and higher potency; in addition, multiple binding sites can help reduce the development of subsequent clinical resistance. The biologics pipeline has been evolving towards more complex protein formats for the past few years. A total of 273 bispecific molecules successfully entered the clinic since 2001.

In 2020, Merck announced plans for the construction of a new biotech development facility in Switzerland. The company will be investing USD 282.5 million for this purpose. This facility is going to strengthen company's presence in biopreservation media and equipment market.

Biopreservation Market Report identifies various key players in the market and sheds light on their strategies and collaborations to combat competition. The comprehensive report provides a two-dimensional picture of the market. By knowing the global revenue of manufacturers, the global price of manufacturers, and the production by manufacturers during the forecast period of 2023 to 2029, the reader can identify the footprints of manufacturers in the industry.

On the basis of product type:

Home-Brew Media

Pre-Formulated Media

the basis of the applications:

Drug Discovery

Regenerative Medicine

Biobanking

Others

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Regions Covered in the Biopreservation Market Report 2023

The key regions covered in the Biopreservation market report are North America,

Europe, Asia Pacific, Latin America, Middle East and Africa. It also covers

key regions (countries), viz, U.S., Canada, Germany, France, U.K., Italy,

Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia,

Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia,

U.A.E, etc.

The Americas are likely to dominate the global biopreservation market owing to the adoption of advanced technology, increasing spending on healthcare R&D, the presence of a well-established healthcare system, and increasing in-house sample storage in hospitals and research institutes. Moreover, presence and recent merger and acquisition activities by market players in the region are contributing to the growth of the market.  For instance, in 2017, Cesca Therapeutics Inc. has acquired Sacramento's SynGen Inc. for USD 1 million with this acquisition company has managed to add cell separation and cord blood processing products in their portfolio.

North America was the largest revenue-generating region in the biopreservation market in 2023 and held a share of 45.10%. This can be attributed to the presence of advancement in biomedical research and the development of advanced therapies. Furthermore, the rising number of chronic incidences that require treatments creates demand for biopreservation in the region which strengthens its market presence. Such activities are expected to contribute toward expanding the biopreservation product available in the market and drive growth.

Significance of the report which makes it worth buying:

- A broad and precise understanding of Biopreservation Industry is offered in the segmented form based on product types, applications, and regions.

-Industry Drivers and challenges affecting the industry growth are presented in this report.

- Evaluating the market competition and planning the business strategies accordingly

- Understanding Industry business plans, policies, technological advancements, and company profiles of top players.

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Table of Contents:

Introduction of the Global Biopreservation Market
- Overview of the Market
- Scope of Report
- Assumptions
Executive Summary
Research Methodology of Market Intelligence Data
- Data Mining
- Validation
- Primary Interviews
- List of Data Sources
Global Biopreservation Market Outlook
- Overview
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Porters Five Force Model
- Value Chain Analysis
Global Biopreservation Market, By Product
Global Biopreservation Market, By Application
Global Biopreservation Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the World
Biopreservation Manufacturing Cost Analysis
Global Biopreservation Market Competitive Landscape
- Overview
- Company Market Ranking
- Key Development Strategies
Industrial Chain, Sourcing Strategy and Downstream Buyers
Marketing Strategy Analysis, Distributors/Traders
Company Profiles
Appendix

Critical Questions Answered in the Report

What are the key trends in the market?

How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?

What is the impact of COVID-19 on the market?

What are the key strategies adopted by the major vendors to lead in the market?

What is the market share of the top vendors?

Lastly, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.

Can I modify the scope of the report and customize it to suit my requirements?

Yes. Customized requirements of multi-dimensional, deep-level and high-quality can help our customers precisely grasp market opportunities, effortlessly confront market challenges, properly formulate market strategies and act promptly, thus to win them sufficient time and space for market competition.

- Country level market for Biopreservation market (up to 5)
- Profiling and additional market players (up to 5)
- up to 40 hours of customization.

Our team is available 24/7 to assist and support our customers through reliable research.

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