Press release
Biopreservation Market to Register Substantial Growth with a Striking 28.30% CAGR through 2031 | SktQuest Technology
Biopreservation Market
Biopreservation Market size was valued at USD 2.80 billion in 2023 to USD 20.54 billion by 2031, growing at a CAGR of 28.30% during the forecast period (2024-2031). [https://www.skyquestt.com/report/biopreservation-market] is speedily expanding, fueled by the ever-growing geriatric population, increasing demand for biopharmaceuticals, and developments in preservation technologies like microbial preservation and cryopreservation. The key driving factors comprise major investments in R&D, higher emphasis on personalized medicine, and supportive regulatory policies. The developing markets are also significantly supporting the growth of the market with improvements in healthcare infrastructure. Overall, the market is poised for continuous developments, addressing crucial requirements for improved preservation of biological elements in diverse applications, like therapeutic development, diagnostics, and research.
Recent years have experienced significant rise in the implementation of advanced preservation techniques that have transformed biopreservation market. Developments like lyophilisation, cryopreservation, and increased use of bioprotectants are gaining prominence. These techniques improve the practicality and efficiency of biological specimens, enhancing their effectiveness and longevity in therapeutic and research applications. Greater emphasis on personalized medicine is yet another trend witnessed in the biopreservation market. As healthcare moves towards personalized therapies and medications, the need for biopreservation techniques is increasing. This helps to better maintain patient-specific biological specimen's integrity. The trend is also propelling the need for customized biopreservation in clinics.
Explore Comprehensive Insights into The Global Biopreservation Market with A Detailed Sample Report: https://www.skyquestt.com/sample-request/biopreservation-market
Market to Witness Emergence of Novel Biopreservation Solutions and Rise of Automated Biopreservation Systems
The latest developments have resulted in the creation of novel biopreservation agents like dedicated cryoprotectants that improve viability of the cells during thawing and freezing processes. For example, currently, research is emphasizing natural cryoprotectants, such as trehalose that is evident in better preservation of stem cells and several associated biological elements. These techniques aim to reduce cellular loss during preservation, thus increasing their applications and significance in tissue engineering and various regenerative medicines. Another development seen in the market is the rise of automated biopreservation systems that is gaining hue attention. This traction is backed by the emergence of improved storage systems that provide sample retrieval and automated temperature monitoring. Companies are introducing integrated solutions that use IoT technologies and robotics to reduce risk of errors and improve efficacy. These systems guarantee excellent storage conditions for biologic specimens, enhancing management in research labs and biobanks.
Biopreservation Market Recent Developments
In September 2024, BioLife Solutions, Inc. increased its Evidence Library, focusing on broader adoption of numerous biopreservation and bioproduction technologies. It promises fresh navigation technologies, strong research functionality, and a simplified way to link with BioLife Solutions' group of scientists.
In June 2024, Merck KGaA partnered with Biolojic Design to develop and improve therapies targeting immunological diseases and cancer. The alliance highlights Merck KGaA's intentional focus on utilizing Biolojic Design's competencies to develop NGS medicines that control human biology with accuracy. This potentially improves treatment safety and efficacy.
In April 2024, Thermo Fisher Scientific, a prominent (CDMO) contract development and manufacturing organization, launched its advanced (ULT) ultra-low temperature freezers. These ULT freezers from TSX Universal series can capably adapt to workflows of researchers and scientists in various laboratory settings. They possess speedy recovery times and strong temperature control for effective workflows.
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This report covers the following segments:
Product
Equipment
Media
Laboratory Information Management System (LIMS)
Application
Regenerative Medicine
Bio-Banking
Drug Discovery
Top Player's Company Profiles in Biopreservation Market
Thermo Fisher Scientific Inc.
Merck KGaA
BioLife Solutions, Inc.
GE Healthcare
VWR International LLC
Custom Biogenic Systems, Inc.
Chart Industries, Inc.
BioCision LLC
STEMCELL Technologies Inc.
Cesca Therapeutics Inc.
Core Dynamics Ltd.
Panasonic Healthcare Co., Ltd.
Avantor, Inc.
Lonza Group Ltd.
Brooks Automation, Inc.
BioStorage Technologies, Inc.
LabVantage Solutions, Inc.
Atlanta Biologicals, Inc.
Hamilton Company
So-Low Environmental Equipment Co.
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Growing Demand for Biopharmaceuticals is and Customizations to Evolve Landscape of Biopreservation Market
The biopreservation market is witnessing a major transformation impacted by emerging trends and the latest developments. Developments in preservation techniques like automated systems and advanced cryoprotectants are improving the stability and practicality of biological materials. The growth of biobanking initiatives and personalized medicine highlights the need for efficient preservation techniques. Moreover, alliance initiatives and efforts among market stakeholders and rising emphasis on regulations is reshaping the market landscape.
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Company Name: Skyquest Technology
Contact Person: Mr. Jagraj Singh
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Country: United States
Website: https://www.skyquestt.com/report/biopreservation-market
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