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Biopreservation Market worth $21.49 billion by 2030, growing at a CAGR of 13.79% - Exclusive Report by 360iResearch
Biopreservation Market | 360iResearch
The Global Biopreservation Market to grow from USD 8.70 billion in 2023 to USD 21.49 billion by 2030, at a CAGR of 13.79%.
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Biopreservation is the process of preserving biological materials, such as cells, tissues, and organs, by stabilizing their metabolic activity at reduced temperatures. It plays a crucial role in various fields like medicine, agriculture, and biodiversity conservation. The significance of biopreservation lies in its ability to maintain the function and integrity of biological samples for extended periods, thereby facilitating research efforts, improving clinical outcomes in regenerative medicine, and conserving genetic resources. However, establishing and maintaining specialized facilities for biopreservation can be expensive, impeding their fast adoption in small-scale end-user facilities. Moreover, the need for trained personnel to handle sensitive biological materials adds an additional layer of complexity to managing these resources. Market players are working on introducing cost-effective biopreservation methods by advancing cryopreservation, vitrification, and hypothermic storage. The development of new cryoprotective agents (CPAs) with reduced toxicity has significantly improved the efficiency of preservation processes. Ongoing advancements are aimed at overcoming inherent limitations and enhancing the efficiency of preservation methods to ensure optimal outcomes in research, clinical applications, and biodiversity conservation efforts.
In the Americas, particularly in North America, the biopreservation industry is driven by advancements in regenerative medicine, increased investments in life sciences research, and growing awareness regarding personalized medicine. The United States and Canada observe a growing market owing to its strong healthcare infrastructure and the presence of major market players. Asia's biopreservation market is rapidly expanding due to its booming pharmaceutical industry and increasing government support towards biological research activities. Nations such as China, India, South Korea, and Japan are witnessing growing demands for biopreservation solutions as they invest heavily in stem cell research & therapy development. Europe's biopreservation market is primarily driven by a strong focus on research & development in the life sciences sector and increasing funding for personalized medicine initiatives. The European Union (EU) has been investing significantly in projects such as the Innovative Medicines Initiative (IMI) aimed at accelerating the development of safer and more effective treatments. Biobanking is also widely practiced across Europe, with many countries having established national biobanks.
Market Segmentation & Coverage:
This research report categorizes the Biopreservation Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Product, market is studied across Biopreservation Media, Equipment, and Lab Information Management Systems. The Biopreservation Media is further studied across Aldehydes and Cryoprotective Agents. The Equipment is further studied across Consumables, Freezers, Nitrogen Tanks, and Refrigerators. The Biopreservation Media is projected to witness significant market share during forecast period.
Based on Biospecimens, market is studied across Cells, Microorganisms, and Organs. The Organs is projected to witness significant market share during forecast period.
Based on Application, market is studied across Bio-Banking, Clinical Trials, Drug Discovery, Regenerative Medicine, and Therapeutics. The Clinical Trials is projected to witness significant market share during forecast period.
Based on End-User, market is studied across Biobanks, Gene Bank, and Hospitals. The Gene Bank is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.41% in 2023, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Biopreservation Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Biopreservation Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Biopreservation Market, highlighting leading vendors and their innovative profiles. These include Audubon Bioscience, Azenta Life Sciences, Bio-Techne Corporation, BioIVT LLC, BioLife Solutions Inc., Charles River Laboratories International, Inc., Chart Industries, Inc., Eppendorf SE, Exact Sciences Corporation, Helmer Scientific Inc., LANXESS Corporation, Lifeline Scientific Inc., Merck KGaA, MVE Biological Solutions, OPS Diagnostics, LLC, Princeton CryoTech Inc., REPROCELL Inc., Sierra Molecular Corporation, So-Low Environmental Equipment Co., STEMCELL Technologies Inc., Taylor-Wharton, Thermo Fisher Scientific Inc., ThermoGenesis Holdings, Inc., Upkara, and X-Therma Inc..
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Biopreservation Market, by Product
7. Biopreservation Market, by Biospecimens
8. Biopreservation Market, by Application
9. Biopreservation Market, by End-User
10. Americas Biopreservation Market
11. Asia-Pacific Biopreservation Market
12. Europe, Middle East & Africa Biopreservation Market
13. Competitive Landscape
14. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Biopreservation Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Biopreservation Market?
3. What is the competitive strategic window for opportunities in the Biopreservation Market?
4. What are the technology trends and regulatory frameworks in the Biopreservation Market?
5. What is the market share of the leading vendors in the Biopreservation Market?
6. What modes and strategic moves are considered suitable for entering the Biopreservation Market?
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