openPR Logo
Press release

Tissue Banking Market | Evolving Technology, Trends and industry Analysis – 2024

09-07-2017 05:36 PM CET | Health & Medicine

Press release from: Transparency Market Research

Tissue Banking Market | Evolving Technology, Trends

The Global Market For Tissue Banking is highly competitive owing to the presence of a large number of original equipment manufacturers and a relatively low number of diversified facilities offering tissue banking services. The requirement of large capital investments coupled with the vast regulatory risks make competition in the market even more intense, making it largely unfavorable for new and small vendors.

Leading companies such as Thermo Fisher Scientific, Brooks Automation, Taylor-Wharton, Panasonic Biomedical, and Backman Coulter Inc. are constantly involved in strategies such as mergers and acquisitions with the aim of jumpstarting their product pipelines and expansion across potential regional markets. The acquisition of BioStorage Technologies, a provider of comprehensive sample management programs and integrated cold chain solutions for the bioscience industry, by Brooks Automation, Inc. in 2015 is one such instance.

Transparency Market Research estimates that the market will expand at a promising 11.3% CAGR from 2016 through 2024 and rise to a valuation of US$2.1 bn by 2024.

View Report-

http://www.transparencymarketresearch.com/tissue-banking-market.html

Market in Asia Pacific to Exhibit Promising Growth

The vast growth prospects of the market will be highly conducive for innovations and introduction of new and more advanced equipment in the next few years. In terms of equipment type, the segment of freezers presently accounts for a dominant share in the market and is expected to retain dominance over the forecast period as well. Geographically, North America leads in terms of share in the market but is expected to lose to Asia Pacific in terms of growth rate over the forecast period.

Rising Demand for Regenerative Medicines to Drive Market

The global demand for regenerative medicine, which are capable of creating living, functional tissues for repairing or replacing tissue lost due to age, disease, physical damage, or congenital defects, has significantly increased in the past few years. The key factor driving this trend is the vast rise in the prevalence of cardiovascular and neurological disorders, a variety of cancers, and diabetes. Regenerative medicine is being considered as a potential solution for the problem of the shortage of organs available through donation.

Moreover, the rapid development of the field of transplant medicine along with the aging of the baby boomer generation is also expected to cause an increased demand for tissues and organs, far exceeding the available donor organs in the next few years. Approximately 500,000 Americans benefit from a transplant each year and the numbers are expected to rise at a steady pace. These factors, leading to the vast rise in the global demand for regenerative medicine, are expected to be some of the crucial drivers of the global tissue banking market in the near future.

Request to download brochure and view full ToC -

http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=14681

Issues Related to Storage and Stability of Tissues to Continue to Create Restraints for Market

Preserving biological products such as human tissues under required temperature and to the highest standards has been underlined as one of the most critical aspects of running a successful tissue banking facility. In the current scenario, though technological advancements have changed the way tissue banking facilities function, with highly advanced storage, freezing, alarming and monitoring, and labeling and coding equipment, their unavailability in certain regions poses a huge challenge for the overall tissue banking market. Moreover, the inability of many current systems to comprehensively keep a record of the process of handling tissues and keeping a detailed historical record of the temperatures at which tissues have been stored, highlighting any notable deviation from the necessary standard, is as such a significant limitation that the market needs to overcome.

In addition to this, the market is also expected to be held back by strict regulatory norms governing the safety and functional aspects of tissues and approval of new products. Conforming to the standard good tissue practices also requires tissue banking facilities to invest significant sums in the continuous upgradation and maintenance of tissue storage and other crucial equipment. This factor is expected to have the most significant impact on the development of cost-sensitive emerging economies.

Request to view Sample Report -

http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=14681

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

US Office Contact

90 State Street, Suite 700

Albany, NY 12207

Tel: +1-518-618-1030

USA – Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Tissue Banking Market | Evolving Technology, Trends and industry Analysis – 2024 here

News-ID: 704122 • Views: 212

More Releases from Transparency Market Research

Ride-on Trowel Market Insights,Share,Demand and Analysis of Key Players
Some of the prominent players operating in the Ride-on Trowel Market Insights are Allen Engineering, Bartell Machinery Systems, Atlas Copco, Shanghai Dragon Construction Equipment Co., Ltd., Multiquip-Whiteman, Masterpac, MBW Inc., Ltd., Parchem Construction Supplies Pty. Ltd., Shanghai Dynamic Construction Machinery Co. Ltd. and Wacker Neuson, finds Transparency Market Research (TMR). Several of these players are offering a wide product portfolio featuring user-friendly, ergonomic control systems for various applications and are
Analysis of COVID-19 Crisis-driven Growth Opportunities in Rainwater Harvesting …
Key Highlights In terms of value, the global rainwater harvesting market is anticipated to expand at a CAGR of ~6% from 2019 to 2027 The earth’s surface is covered with about 70% of water; however, 97% of the total water available on the earth is saline and only 3% of it is fresh water. Out of the total fresh water available, ~70% is in the form of snow cover and glaciers, ~31%
Lactic Acid Market Sales, Share and Forecasts by 2023
Some of the leading players in the global lactic acid market and polylactic acid market are Futerro SA, Teijin Ltd., Zhejiang Hisun Biomaterials Co., Ltd., Synbra Technology BV, Archer Daniels Midland Company, Henan Jindan Lactic Acid Technology Co., Ltd., NatureWorks LLC, and Corbion NV., notes Transparency Market Research (TMR). Read report Overview- https://www.transparencymarketresearch.com/lactic-poly-lactic-acid.html The global lactic acid market stood at US$1,130.4 Mn in 2014 and is estimated to reach US$3,381.8 Mn by the
Chiropractic Care Market Pegged for Robust Expansion by 2024
This report analyzes in detail the global market for chiropractic care, complete with annual forecasts and estimates. The report is designed to help entities operating within the chiropractic care market, or those looking to enter the market, to gain a comprehensive understanding of its landscape. Our team of seasoned analysts offers you insights into market growth drivers as well as inhibitors. This research report titled ‘Chiropractic Care Market - Global Industry

All 5 Releases


More Releases for Tissue

Roll Towel Tissue Towel Market 2018 Organized Authoritative Study report By WEPA …
Fior Markets offers a latest published report on Global Roll Towel Tissue Towel Market Growth 2018-2023, providing key insights and giving a competitive advantage to consumers through a detailed report. The researchers have included essential figures associated with the production and consumption forecast for the major regions that the market is separated into consumption forecast by application and production forecast by type. The research study is a source of methodical
Tissue Science 2019
Tissue Science 2019 is the fundamental event that joins an unprecedented and worldwide authorities, experts and chiefs both from the academic network and industry from wherever all through the world to exchange their knowledge, capacity and research progressions in the field of Tissue Science and Regenerative Medicine. Tissue Science 2019 gives a general stage to sharing information and considerations, late frameworks in Regenerative medication, Tissue engineering, Organ regeneration and freshest
Tissue Expanders Market by Region - North America, Latin America, Europe, Japan, …
Removal of breast attributed to growing cases of breast cancer has led to surge in demand for reconstructing breast. In addition, increasing demand for reconstructing the scalp and forehead skin attributed to skin distinction is expected to contribute towards growth of the global tissue expanders market during the forecast period. Moreover, treatment of cancer diseases leads to severe injuries on neck and face, burns and birth defects. Growing preference for the reconstruction
Household Tissue Paper Products Market
Household Tissue Paper Products Market Overview Various tissue papers products are widely used for household purposes in many forms such as paper towels, napkins, toilet rolls and much more. Although the products used for the household purpose and away from home purpose is same, the market characteristics widely differ. Also, paper products are widely preferred due to their high availability, completely biodegradable and complete recyclable characteristics over plastics and textiles. Due
Tissue & Towel Market | Key Players: Cascades, Kruger, Mets Tissue
A new business intelligence report released by HTF MI with title “Asia-Pacific Tissue & Towel Market Report 2018” that targets and provides comprehensive market analysis with future prospects to 2023. The analysts of the study have garnered extensive research methodologies and data sources (i.e Secondary & Primary Sources) in order to generate collective and useful information that delivers latest market undercurrents and industry trends. Request Sample Report @: https://www.htfmarketreport.com/sample-report/1198506-asia-pacific-tissue-towel-market-2 If you
Tissue Diagnostic Market Analysis – 2024
Global Tissue Diagnostic Market: Snapshot With the increased prevalence of cancer, the market for tissue diagnostics has a gained significant impetus across the world. The infrastructural development in the medical and healthcare industry is another important factor that has boosted the global tissue diagnostics market substantially over the past few years. Read the Comprehensive Overview of Tissue Diagnostic Market: http://www.transparencymarketresearch.com/tissue-diagnostics-market.html Over the forthcoming years, the rising trend of the quantitative and qualitative analyses