Biopreservation Market is Securing the Future of Medicine with Cell Preservation

Biopreservation is a method which ensures the preservation of the property and functionality of biomass and biological products in a wide range of temperature and other physical conditions. Biomass and biological products can range from DNA, tissues, and organs to stem cells. Recent technological advancement enables the use of microarrays and the integration of diverse predictive models for biopreservation. Implementation of technology and API algorithms in biopreservation have collectively minimized the time, cost, and complexity associated with the entire process. Additionally, the emergence of multiplex cellular imaging platforms is expected to significantly improve biopreservation capabilities further. Biopreservation finds wider acceptance in cardiology, gynecology, and point-of-care applications.

Global Biopreservation Market size was valued at USD 2.8 billion in 2023 and is poised to grow from USD 3.59 billion in 2024 to USD 26.38 billion by 2032, growing at a CAGR of 28.3% during the forecast period (2025-2032).

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Growing prevalence of chronic diseases worldwide is boosting the development of biological products across various research and development sectors, including immunotherapies, vaccine production, antibody generation, enzyme technology, and biologically derived chemicals. In recent years, this trend has largely been attributed to the increase in the demand for biopreservation techniques. The Biopreservation Market is witnessing significant collaboration between government and private sectors by providing financial support for research and development initiatives. Increasing demand for stem cell preservation, creation of biological medicines and products is attracting attention of biomedicine companies for biopreservation. The notable growth in healthcare expenditure is anticipated to drive market expansion throughout the forecast period.

Biopreservation Market Segments Analysis:

Global Biopreservation Market is segmented by Product, Biospecimen, Application, End User and region.

Based on Product, the market is segmented into Biopreservation Media, Biopreservation Equipment and Biopreservation Accessories.
Based on Biospecimen, the market is segmented into Human Tissue Samples, Organs, Stem Cells and Other Biospecimens.
Based on Application, the market is segmented into Research Applications, Therapeutic Applications, Other Applications.
Based on End User, the market is segmented into Biobanks, Gene Banks, Hospitals and Other End Users.
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Biopreservation Market Key Players:

Thermo Fisher Scientific Inc. (United States)
Merck KGaA (Germany)
BioLife Solutions, Inc. (United States)
STEMCELL Technologies (Canada)
Helmer Scientific Inc. (United States)
PrincetonCryo (United States)
OPS Diagnostics (United States)
ThermoGenesis Holdings, Inc. (United States)
Avantor, Inc. (United States)
Bio-Techne Corporation (United States)
Exact Sciences Corporation (United States)
Worthington Industries, Inc. (United States)
Chart Industries, Inc. (United States)
Azenta US, Inc. (United States)
LabVantage Solutions, Inc. (United States)
Qiagen N.V. (Netherlands)
Taylor-Wharton Cryogenics LLC (United States)
PHC Holdings Corporation (Japan)
Panasonic Corporation (Japan)
Lifeline Scientific, Inc. (United States)

Biopreservation Market Regional Insights:

North America dominated the market and accounted for highest Biopreservation Market share in 2023, driven by flourishing healthcare sector and growing budget for pharmaceutical research. US accounts for the largest market for clinical trials of new drugs and is the powerhouse of drug discovery. The presence of research centers of large pharmaceutical companies and world class healthcare providers creates high demand for biopreservation of samples required in treatment and research. In addition, the number of cases of chronic disease is significantly high and acceptance of personalized medication using regenerative techniques is also significantly more mature in North America especially in the US.

Biopreservation Market Recent Developments:

In October 2022, Azenta, Inc. bought B Medical Systems S.á r.l. and its affiliated companies, a supplier of temperature-controlled packaging and shipping systems that allow for the global distribution of life-saving medicines.

In July 2022, In Chennai, India, Cellutions BioStorage, a research-to-launch Cryogenic preservation Bank, was opened. Cellutions BioStorage is a full-service biomaterial storage and logistics provider that works with biopharmaceutical businesses that are interested in outsourcing all aspects of their supply chain throughout a product's life cycle. The newly opened facility is 25,000 square feet in size and features first-rate infrastructure.

What's more, it likewise covers the request and give of the promoting research concentrate in the assessed figure time frame. Explained investigation of the market players with their profile, deals examination and serious scene is given in the report. Besides, organization, joint effort and consolidations in the business are referenced for the accommodation of the investigation of the global Biopreservation industry.

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Looking ahead, the Biopreservation Market is poised for continued growth, driven by evolving consumer preferences and ongoing innovations. The trend towards sustainability is expected to strengthen, with more consumers seeking products that align with their values. Additionally, the integration of advanced technologies and digital platforms will likely further enhance market accessibility and consumer engagement. The global Biopreservation Market is a dynamic and evolving landscape, shaped by a confluence of trends and factors.

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