Press release
Tissue Banking Market size is Projected to Reach $66.80 billion by 2029, Growing at a CAGR of 5.4%
"The global tissue banking market size is estimated to be valued at USD 41.61 billion in 2020 and is projected to reach USD 66.80 billion by 2029, recording a CAGR of 5.4%."A tissue bank is a facility that gathers and preserves human cadaver tissue for allograft transplantation, medical research, and educational purposes. A tissue bank is typically used in a more clinical meaning and can also refer to a site where biomedical tissue is kept in cryogenic storage. A tissue bank is a business that offers allograft tissue recovery, processing, storage, distribution, and donor screening. The American Association of Tissue Banks (AATB), the state governments, and the U.S. Food and Drug Administration (FDA) currently regulate tissue banks at three different levels.
During the projection period, it is anticipated that increasing adoption of cutting-edge tissue banking methodologies would fuel market expansion.
During the projection period, it is anticipated that increasing adoption of cutting-edge tissue banking methodologies would fuel market expansion. For instance, the Biothermal Technology Laboratory at Carnegie Mellon University proposed a novel model method for isochoric preservation known as cryopreservation to preserve organ and tissue in August 2022. It takes careful handling using the laws of thermodynamics to cryopreserve tissues and organs without harming them. The goal of cryopreservation research is to preserve complete organs for long-term viability and storage, as doing so could lead to significant medical advancements. The heart, liver, and pancreas may currently survive for a few hours outside the body.
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► Growth Drivers
Increasing government initiatives and rising demand for transplantation
Increasing use of advanced methodology for tissue banking
► Challenges:
The tissue banking organization is complex system and need
high technical expertise and skilled personnel
Insufficiency and scarcity in tissue availability
► Who are the major players in this industry?
AMS Biotechnology (Europe) Limited, Avantor, Inc (VWR International), BioCision LLC, Brooks Automation, Custom Biogenic Systems, BioLife Solutions, Inc, Eppendorf AG, Hamilton Company, Merck KGaA and Thermo Fisher Scientific, Inc., and others.
► Recent Developments in Tissue Banking Market
Recent developments in Tissue Banking industry, even after market report release, support market trends outlined in analysis.
November 2022: the Department of Health (DoH), Abu Dhabi, the regulator of the healthcare sector in the United Arab Emirate, and United States-based Eversight, one of the non-profit eye banks in the world, partnered to establish the country's first Eye and Tissue Bank.
June 2022: LifeLink Tissue Bank launched the Birth Tissue Donation Program, the first of its kind in the Tampa Bay area, in partnership with Tampa General Hospital (TGH).
► What exactly does market segmentation cover?
Tissue Banking Market by Type, 2020-2029, (USD Million) (Thousand Units)
Blood
Bone
Skin
Soft Tissues (Cartilage/Tendons/Meniscus)
Heart Valves
Corneas
Umbilical Cord (Stem Cell Banking)
Tissue Banking Market by Equipment, 2020-2029, (USD Million) (Thousand Units)
Cryopreservation Systems
Labeling And Coding Equipment
Thawing Equipment
Quality Control Equipment
Alarming And Monitoring Systems
Tissue Banking Market by Application, 2020-2029, (USD Million) (Thousand Units)
Clinical/Therapeutic
Medical Research
Cosmetics
Tissue Banking Market by Regions, 2020-2029, (USD Million) (Thousand Units)
North America
Europe
Asia Pacific
South America
Middle East And Africa
Important Countries In All Regions Are Covered.
► Regional Analysis of the Tissue Banking Market
The market development, current market trends, and some research methodologies are all covered in the Tissue Banking Industry research report. It draws attention to crucial aspects like product portfolios, software architectures, and production strategies that have a direct impact on the market. Our research shows that even minor changes to a product's qualities can have a big impact on the previously mentioned criteria.
► Table of Content:
1 Study Reporting
1.1 Tissue Banking Product
1.2 Key Segments in This Study
1.3 Key Companies Covered
1.4 Market by Type
1.4.1 Global Tissue Banking Market Size Growth Rate by Type
1.5 Market by Application
2 Executive Instantaneous
2.1 Global Tissue Banking Market Size
2.1.1 Global Tissue Banking Revenue
2.1.2 Global Tissue Banking Production
2.2 Tissue Banking Growth Rate (CAGR)
2.3 Analysis of Competitive Landscape
2.3.1 Manufacturers Market Concentration Ratio
2.3.2 Key Tissue Banking Manufacturers
2.3.2.1 Tissue Banking Manufacturing Base Distribution, Headquarters
2.3.2.2 Manufacturers Tissue Banking Product Offered
2.3.2.3 Date of Manufacturers Enter into Tissue Banking Market
2.4 Key Trends for Tissue Banking Markets & Products
3 Market Size by Manufacturers
3.1 Tissue Banking Production by Manufacturers
3.2 Mergers & Acquisitions, Expansion Plans
4 Tissue Banking Production by Regions
4.1 Global Tissue Banking Production by Regions
4.1.1 Global Tissue Banking Production Market Share by Regions
4.1.2 Global Tissue Banking Revenue Market Share by Regions
4.2 United States
4.2.1 United States Tissue Banking Production
4.2.2 United States Tissue Banking Revenue
4.2.3 Key Players in United States
4.2.4 United States Tissue Banking Import & Export
4.3 Europe
4.3.1 Europe Tissue Banking Production
4.3.2 Europe Tissue Banking Revenue
5 Tissue Banking Consumption by Regions
5.1 Global Tissue Banking Consumption by Regions
5.1.1 Consumption by Regions
5.1.2 Consumption Market Share by Regions
5.2 North America
5.2.1 North America Consumption by Application
5.2.2 North America Consumption by Countries
5.2.3 United States
5.2.4 Canada
5.2.5 Mexico
5.3 Europe
5.3.1 Europe Consumption by Application
5.3.2 Europe Consumption by Countries
5.3.3 Germany
5.3.4 France
5.3.5 UK
5.3.6 Italy
5.3.7 Russia
5.4 Asia Pacific
5.4.1 Asia Pacific Consumption by Application
5.4.2 Asia Pacific Consumption by Countries
5.5.1 Central & South America) Consumption by Application
5.5.2 Central & South America Consumption by Country
6 Market Size by Type
6.1 Production by Type
6.2 Revenue by Type
6.3 Price by Type
7 Market Size by Application
7.1 Overview
7.2 Global Tissue Banking Breakdown Dada by Application
7.2.1 Global Tissue Banking Consumption by Application
7.2.2 Global Tissue Banking Consumption Market Share by Application
8 Manufacturers Profiles
9 Production Forecasts
9.1 Tissue Banking Production and Revenue Forecast
9.1.1 Global Tissue Banking Production Forecast
9.1.2 Global Tissue Banking Revenue Forecast
9.2 Tissue Banking Production and Revenue Forecast by Regions
9.2.1 Global Tissue Banking Revenue Forecast by Regions
9.2.2 Global Tissue Banking Production Forecast by Regions
9.3 Tissue Banking Key Producers Forecast
9.3.1 United States
9.3.2 Europe
9.3.3 China
9.3.4 Japan
9.4 Forecast by Type
9.4.1 Global Tissue Banking Production Forecast by Type
9.4.2 Global Tissue Banking Revenue Forecast by Type
10 Consumption Forecast
10.1 Tissue Banking Consumption Forecast by Application
10.2 Tissue Banking Consumption Forecast by Regions
10.3 North America Market Consumption Forecast
10.3.1 North America Tissue Banking Consumption Forecast by Regions
10.3.2 United States
10.3.3 Canada
10.3.4 Mexico
10.4 Europe Market Consumption Forecast
10.4.1 Europe Tissue Banking Consumption Forecast by Regions
10.4.2 Germany
10.4.3 France
10.4.4 UK
10.4.5 Italy
10.4.6 Russia
10.5 Asia Pacific Market Consumption Forecast
10.5.1 Asia Pacific Tissue Banking Consumption Forecast by Regions
10.5.2 China
10.5.3 Japan
10.5.4 South Korea
10.5.5 India
10.5.6 Australia
10.5.7 Indonesia
10.5.8 Thailand
10.5.9 Malaysia
10.5.10 Philippines
10.5.11 Vietnam
10.6 Central & South America Market Consumption Forecast
10.6.1 Central & South America Tissue Banking Consumption Forecast by Regions
10.6.2 Brazil
10.7 Middle East and Africa Market Consumption Forecast
10.7.1 Middle East and Africa Tissue Banking Consumption Forecast by Regions
10.7.2 GCC Countries
10.7.3 Egypt
10.7.4 South Africa
11 Value Chain and Sales Channels Analysis
11.1 Value Chain Analysis
11.2 Sales Channels Analysis
11.2.1 Tissue Banking Sales Channels
11.2.2 Tissue Banking Distributors
11.3 Tissue Banking Customers
12 Market Opportunities & Challenges, Risks and Influences Factors Analysis
12.1 Market Opportunities and Drivers
12.2 Market Challenges
12.3 Market Risks/Restraints
12.4 Key World Economic Indicators
13 Key Findings in the Global Tissue Banking Study
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.1.1 Research Programs/Design
14.1.1.2 Market Size Estimation
14.1.1.3 Market Breakdown and Data Triangulation
14.1.2 Data Source
14.1.2.1 Secondary Sources
14.1.2.2 Primary Sources
14.2 Author Details
14.3 Disclaimer
Continue….
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https://www.digitaljournal.com/pr/news/xherald/behavioral-and-mental-health-care-software-and-services-market-size-to-surpass-us-6-16-bllion-by-2029
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► Research Methodology
The report is based on data analysis strategies by skilled data analysts. The research methodology involves collecting and analyzing information to provide significant market predictions. Interviews with market influencers make primary research relevant and practical. The secondary method provides a direct insight into demand and supply. Both primary and secondary data collection methods are used, along with publicly available sources like annual reports and white papers, to provide a comprehensive understanding of the market. The report offers precise data analysis and a comprehensive market tour.
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