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Biopreservation Market: Rising Growth Rate, Increasing Market Size, Key Players and Future Trends
Biopreservation Market Market
What Is The Projected Market Size Of The Global Biopreservation Market And Its Growth Rate?
• The biopreservation market grew rapidly from $6.02 billion in 2024 to $6.7 billion in 2025 (CAGR of 11.3%).
• Factors such as biobanking expansion, increased stem cell research, rising organ transplantation procedures, and advancements in cell therapy and biopharmaceutical production fuelled this growth.
• The biopreservation market is projected to grow to $11.09 billion in 2029 at a CAGR of 13.4%.
• The forecasted growth can be attributed to the increasing demand for regenerative medicine, R&D in personalized medicine, cryopreservation applications, and emerging biobanking initiatives.
What Is Driving The Growth In The Biopreservation Market?
The rising demand for personalized medicine significantly contributes to the growth of the biopreservation market. Personalized medicines, which are developed based on individual patient's disease profiles, heavily rely on biobanks for preserving human tissues and cells using biopreservation. For example, in February 2024, the Personalized Medicine Coalition reported that the FDA approved 16 novel personalized therapies for patients with rare diseases in 2023, compared to six in 2022. Hence, the increasing demand for personalized medicine is expected to boost the biopreservation market growth.
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Who Are the Key Players Driving Biopreservation Market Growth?
Key players in the biopreservation market include:
• Thermo Fisher Scientific Inc.
• BioLife Solutions Inc.
• VWR International LLC
• BioCision LLC
• Lifeline Scientific Inc.
• Biomatrica Inc.
• Custom Biogenic System Inc.
• QIAGEN NV
• MVE Biological Solutions LLC
• Bio-Techne Corporation
• Brooks Automation Inc.
What Are The Key Trends In The Biopreservation Market?
Key trends in the biopreservation market include:
• Rising application in stem cell banking
• Focus on advanced preservation solutions
• Expansion in drug discovery and development
• Introduction of portable biopreservation devices
• Growing importance in organ transplantation
What Are The Segments Of The Global Biopreservation Market?
The global biopreservation market is segmented by:
• Type: Biopreservation Equipment, Biopreservation Media
• Biospecimen: Human Tissue Samples, Organs, Stem Cells, Other Biospecimens
• Application: Therapeutic Applications, Research Applications, Clinical Trials, Other Applications
• End User: Biobanks, Gene Banks, Hospitals, Other End Users
Which Region Leads The Biopreservation Market?
North America led the global biopreservation market in 2024. The upcoming report will cover all the major regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Biopreservation Market Global Market Report?
• Market Size Analysis: Analyze the Biopreservation Market size by key regions, countries, product types, and applications.
• Market Segmentation Analysis: Identify various subsegments within the Biopreservation Market for effective categorization.
• Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
• Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
• Market Contribution: Evaluate contributions of different segments to the overall Biopreservation Market growth.
• Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
• Industry Challenges: Analyze challenges and risks affecting the Biopreservation Market.
• Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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