Global Tissue Banking Market: Segment Snapshot and Table of Content (2014 - 2024)

Global Tissue Banking Market: Rise in Need for Advanced Storage and Processing Facilities, finds TMR

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.

The global protein expression technology market is segmented on the basis of Equipment, Application ,end user and Geography

On the basis of equipment, the market is segmented into storage system, freezers, labelling and coding equipment, thawing equipment, and alarming and monitoring equipment. The segment of freezers held a significant share in the market in 2015 and is expected to grow during the forecast period on account of increasing demand for organ transplant, blood transfusions, regenerative medicines, cellular therapies, and vaccines. Moreover, escalating population, increase in health care expenditure, and the rising use of a variety of tissues in research institutes are driving the demand for freezers in the field of tissue banking.

In terms of application, the global tissue banking market is segmented into clinical and therapeutic, drug discovery, and research and development. Of these, the freezers segment held a dominant share in the global market in 2015. This application is projected to witness a high demand in the coming years due to a growing need for organ transplants, regenerative medicines, blood transfusions, vaccines, and cellular therapies. The segment also stands to benefit from the exponential population growth, increasing expenditure on healthcare, and increasing usage of a wide range of tissues for research and development purposes.

Geographically, the global tissue banking market is segmented into North America, Asia-Pacific, Europe, Latin America, and the Middle East and Africa. Among the mentioned regions, North America led the pack and will continue to grow over the said period due to increase in the prevalence of cancer, cardiovascular diseases, and diabetes, growing geriatric population, and technological advancements. On account of government initiatives such as Cells Directives (EUTCD) and the European Union Tissues, which focuses on improving responsiveness about quality and safety standards for human cells and tissues across the European Union, the Europe market is expected to show a noticeable growth over the forecast period.

Summary of Table of Content

1 Preface
2 Assumptions and Research Methodology
3 Executive Summary
4 Market Overview
5 Market Dynamics
6 Tissue Banking Market Analysis, by Equipment Type
7 Tissue Banking Market Analysis, by Application
8 Tissue Banking Market Analysis, by End Users
9 Tissue Banking Market Analysis, by Region
10 North America Tissue Banking Market Analysis
11 Europe Tissue Banking Market Analysis
12 Asia Pacific Tissue Banking Market Analysis
13 Latin America Tissue Banking Market Analysis
14 Middle East & Africa Tissue Banking Market Analysis
15 Company Profiles

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend 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.

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This release was published on openPR.