Press release
Biopreservation Market Growing Rapidly Huge Growth by 2031- Biolife Solutions Inc., ThermoGenesis Holdings, Inc., Sigma-Aldrich Corporation, Thermo Fisher Scientific Inc.
Biopreservation Market || 2024-2031
Biopreservation is the process of preserving the integrity and functionality of biological products like DNA, stem cells, organs, and tissues in artificial conditions to extend their viability.
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Market Trends:
Rising investments in regenerative therapies are driving global market growth. In 2022, gene therapy secured $10.2 billion, cell-based companies $10.1 billion, and tissue engineering $341 million in funding. In 2020, regenerative medicine funding reached $10.7 billion, a 120% increase from 2019. Market developments, such as BioLife Solutions' high-capacity freezer launch in 2021, are further accelerating the biopreservation market.
Segment Covered in the Biopreservation Market:
By Biopreservation Media: Freeze Media, Hypothermic Storage, and Shipping Media
By Biopreservation Equipment: Freezers, Cryosystems, Thawing Equipment, Incubators, Centrifuges, Other Equipment
By Sample: Organs, Cells, Blood, Others
By End-User: Biobanks, Drug Discovery Industries, Hospitals, Others
Regional Analysis:
The global Biopreservation Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
The global Biopreservation Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Biopreservation Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
Major Key Players
• ThermoFisher Scientific
• Biolife Solutions Inc.
• ThermoGenesis Holdings, Inc.
• Sigma-Aldrich Corporation
• VWR Corporation
• Merck KGaA
• Eppendorf AG
• Biocision, Llc
• Princeton Cryotech, Inc.
• Custom Biogenic Systems Inc.
Product Portfolio:
ThermoFisher Scientific's biopreservation product portfolio includes the PSC Cryopreservation Kit, featuring a xeno-free cryopreservation medium and RevitaCell Supplement. These reagents enhance cell viability, post-thaw recovery, and reduce unwanted differentiation of pluripotent stem cells. The kit is also effective for cryopreserving and recovering peripheral blood mononuclear cells (PBMCs) to improve post-thaw viability and recovery.
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