Global Biopreservation Market Shifts to High Gear with Improvements in Biopreservation Facilities
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Biopreservation involves storing of biological samples in a conducive environment to maintain cell viability until their end-use. Cells, tissues, saliva, plasma, organs other body fluids are some of the types of biological samples being preserved for various medical purposes. Biological samples are considered to be of high importance for the development of new products and treatment of chronic conditions. The market dynamics section of this report analyzes the impact of drivers, restraints and opportunities on the global biopreservation market. Rising demand for storage of biological samples coupled with increasing number of biopreservation facilities are considered some of the major driving factors in this report.
Porter’s five forces analysis for the global biopreservation market provides insights on the intensity of competition which can aid in decision making for investments in this industry. The market attractiveness section of this report provides a graphical representation of the attractiveness of biopreservation market in four major regions – North America, Europe, Asia-Pacific and Rest of the World, based on the market size, industrial environment and growth rate in respective regions, in 2012.
The global biopreservation market is categorized on the basis of product type, application and geography. The market size, from the period 2011 to 2019, for each of these segments is provided in USD million. In addition, growth rate in terms of CAGR (%) is estimated for the forecast period 2013 to 2019. The report focuses on products which are used in preserving the biological samples for various medical applications in biobanks, regenerative medicine and drug discovery.
Based on the product types, the global biopreservation market is segmented into equipment, laboratory information management system (LIMS) and media. The market for equipment is further analyzed as freezers, refrigerators, liquid nitrogen (LN2) tanks and consumables. Consumables include freezer racks, micro-plates, cryogenic boxes, cryo vials, cryogenic tongs, cryo tubes, cryo claw, bags, cryo tongs and other accessories utilized during the biopreservation process. Laboratory information management system (LIMS) is used in the biopreservation industry for efficient data management of the preserved samples. In addition, the media market is segmented into two types of formulations as the home-brew media and pre-formulated media. Convenience, cell viability and quality matters for determining the preference for these two types of media.
The biopreservation market is also segmented based on applications into regenerative medicine, biobanking and drug discovery. Geographically, the global biopreservation market is estimated and analyzed with respect to four regions namely North America, Europe, Asia-Pacific and Rest of the World. Moreover, this report elaborates the competitive landscape through heat map analysis by product type for the key players operating in the global biopreservation market. Presence of major players across different products segments in the global biopreservation market is highlighted in the heat map.
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This report also provides a few strategic recommendations for the existing as well as new entrants in the global biopreservation market. Some of the key players of this market include Thermo Fisher Scientific Inc., VWR International LLC, BioLife Solutions Inc., BioCision LLC, Biomatrica Inc., Qiagen, LABVANTAGE Solutions Inc. and Panasonic Corporation. The presence of these market players in the global biopreservation market is explored by profiling them on various attributes such as company overview, financial overview, product portfolio, business strategies and recent developments.
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