By Product Type (Equipment [Freezers, Refrigerators, Consumables, Liquid Nitrogen], Media [Pre-formulated, Home Brew], Laboratory Information Management System [LIMS]), By Application (Regenerative Me... ... ion (Regenerative Medicine [Cell Therapy, Gene Therapy, Others], Bio-banking [Human Eggs, Human Sperms, Veterinary IVF], Drug Discovery), By Region (North America, South America, Europe, The Middle East and Africa, Asia-Pacific), By Company (Azenta Life Sciences, Biomatrica, Inc., BioLife Solutions, MVE Biological Solutions, LabVantage Solutions, Inc., Taylor-Wharton, Thermo Fisher Scientific, Inc., Panasonic Corporation, X-Therma, PrincetonCryo, Merck KgaA, VWR International, Thermogenesis Holdings, Lifeline Scientific Inc., AMS Biotechnology, Others) Read more
- Healthcare
- Jun 2023
- 190
- PDF, Excel, PPT
Market Definition
Biopreservation is the process that involves various techniques, such as cryopreservation (freezing at very low temperatures), vitrification (solidification without ice formation), & chemical preservation methods, to preserve biological samples like cells, tissues, or organs for extended periods while maintaining their viability & functionality. This process is crucial in fields like medical research, regenerative medicine, and organ transplantation, where preserving biological materials is vital for future use or analysis.
Market Insights & Analysis: Global Biopreservation Market (2023-28)
The Global Biopreservation Market is projected to grow at a CAGR of around 17.48% during the forecast period, i.e., 2023-28. The growth of the market would be propelled mainly by the mounting demand for personalized medicine, an increasing number of biobanking activities, and significant advancements in regenerative medicine. Besides, the rise in R&D on stem cells, surging awareness about rare diseases, and technological advancements in biopreservation are other prominent aspects projected to drive the market in the forecast years. Several governments and funding organizations worldwide are increasingly supporting biopreservation research & infrastructure development through financial support in order to promote advancements in healthcare, personalized medicine, & regenerative therapies and encourage the adoption of biopreservation solutions.
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2018-21 |
| Base Year: 2022 | |
| Forecast Period: 2023-28 | |
| CAGR (2023-2028) | 17.48% |
| Regions Covered | North America: US, Canada, Mexico |
| Europe: Germany, The UK, France, Spain, Italy, Rest of Europe | |
| Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific | |
| South America: Brazil, Argentina, Rest of South America | |
| Middle East & Africa: UAE, Saudi Arabia, South Africa, Rest of MEA | |
| Key Companies Profiled | Azenta Life Sciences, Biomatrica, Inc., BioLife Solutions, MVE Biological Solutions, LabVantage Solutions, Inc., Taylor-Wharton, Thermo Fisher Scientific, Inc., Panasonic Corporation, X-Therma, PrincetonCryo, Merck KgaA, VWR International, Thermogenesis Holdings, Lifeline Scientific Inc., AMS Biotechnology, Others |
| Unit Denominations | USD Million/Billion |
The mounting adoption of personalized medicine approaches, including cell & gene therapies that require the preservation of biological samples for diagnostic & therapeutic purposes, coupled with the increasing need for large-scale sample collections for research, drug development, & population studies, are also favoring the market growth. Regenerative medicine involves the development of tissues & organs to replace or repair damaged ones and relies on biopreservation techniques to store & transport cells, tissues, as well as organs. As a result, significant advancements in regenerative medicine are contributing to the biopreservation industry's expansion.
Furthermore, the rising focus on rare diseases & orphan drugs, which necessitates the preservation of biological samples from patients for R&D purposes, is also boding well for the market growth as biopreservation technologies enable the long-term storage of these samples and facilitate ongoing studies as well as the development of targeted therapies. Additionally, the advent of advanced biopreservation technologies like automated storage systems, liquid nitrogen-based cryopreservation, & novel cryoprotectants that has enhanced the efficiency & effectiveness of sample preservation is another crucial aspect spurring growth in the biopreservation market globally.
Global Biopreservation Market Key Driver:
Ever-Increasing Demand for Personalized Medicine: Personalized medicine, which involves tailoring medical treatments to individual patients based on their genetic makeup and specific characteristics, is witnessing a rapidly rising demand worldwide, and this approach often requires the preservation of biological samples, like cells, tissues, or organs, for diagnostic & therapeutic purposes. Biopreservation plays a crucial role in maintaining the viability & integrity of these samples and enabling their storage & transportation for future use, owing to which biopreservation technologies & solutions are witnessing a significantly growing demand and, in turn, driving the Global Biopreservation Market.
Global Biopreservation Market Research Report (2023-2028) - Table of Contents
- Market Segmentation
- Introduction
- Product Definition
- Research Process
- Assumptions
- Executive Summary
- Global Biopreservation Market Regulations and Policy
- Global Biopreservation Market Trends & Developments
- Global Biopreservation Market Supply Chain Analysis
- Global Biopreservation Market Dynamics
- Drivers
- Challenges
- Global Biopreservation Market Hotspot & Opportunities
- Global Biopreservation Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type
- Equipment- Market Size & Forecast 2018-2028, (USD Million)
- Freezers- Market Size & Forecast 2018-2028, (USD Million)
- Refrigerators- Market Size & Forecast 2018-2028, (USD Million)
- Consumables- Market Size & Forecast 2018-2028, (USD Million)
- Vials- Market Size & Forecast 2018-2028, (USD Million)
- Straws- Market Size & Forecast 2018-2028, (USD Million)
- Microtiter Plates- Market Size & Forecast 2018-2028, (USD Million)
- Bags- Market Size & Forecast 2018-2028, (USD Million)
- Liquid Nitrogen- Market Size & Forecast 2018-2028, (USD Million)
- Media- Market Size & Forecast 2018-2028, (USD Million)
- Pre-formulated- Market Size & Forecast 2018-2028, (USD Million)
- Home Brew- Market Size & Forecast 2018-2028, (USD Million)
- Laboratory Information Management System (LIMS)- Market Size & Forecast 2018-2028, (USD Million)
- Equipment- Market Size & Forecast 2018-2028, (USD Million)
- By Application
- Regenerative Medicine- Market Size & Forecast 2018-2028, (USD Million)
- Cell Therapy- Market Size & Forecast 2018-2028, (USD Million)
- Gene Therapy- Market Size & Forecast 2018-2028, (USD Million)
- Others- Market Size & Forecast 2018-2028, (USD Million)
- Bio-banking- Market Size & Forecast 2018-2028, (USD Million)
- Human Eggs- Market Size & Forecast 2018-2028, (USD Million)
- Human Sperms- Market Size & Forecast 2018-2028, (USD Million)
- Veterinary IVF- Market Size & Forecast 2018-2028, (USD Million)
- Drug Discovery-Market Size & Forecast 2018-2028, (USD Million)
- Regenerative Medicine- Market Size & Forecast 2018-2028, (USD Million)
- By Region
- North America
- South America
- Europe
- The Middle East and Africa
- Asia-Pacific
- By Company
- Market Share
- Competition Characteristics
- By Product Type
- Market Size & Analysis
- North America Biopreservation Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type -- Market Size & Forecast 2018-2028, (USD Million)
- By Application- Market Size & Forecast 2018-2028, (USD Million)
- By Country
- The US
- Canada
- Mexico
- The US Biopreservation Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type -- Market Size & Forecast 2018-2028, (USD Million)
- By Application- Market Size & Forecast 2018-2028, (USD Million)
- Market Size & Analysis
- Canada Biopreservation Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type -- Market Size & Forecast 2018-2028, (USD Million)
- By Application- Market Size & Forecast 2018-2028, (USD Million)
- Market Size & Analysis
- Mexico Biopreservation Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type -- Market Size & Forecast 2018-2028, (USD Million)
- By Application- Market Size & Forecast 2018-2028, (USD Million)
- Market Size & Analysis
- Market Size & Analysis
- South America Biopreservation Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type -- Market Size & Forecast 2018-2028, (USD Million)
- By Application- Market Size & Forecast 2018-2028, (USD Million)
- By Country
- Brazil
- Argentina
- Rest of South America
- Brazil Biopreservation Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type -- Market Size & Forecast 2018-2028, (USD Million)
- By Application- Market Size & Forecast 2018-2028, (USD Million)
- Market Size & Analysis
- Argentina Biopreservation Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type -- Market Size & Forecast 2018-2028, (USD Million)
- By Application- Market Size & Forecast 2018-2028, (USD Million)
- Market Size & Analysis
- Market Size & Analysis
- Europe Biopreservation Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type -- Market Size & Forecast 2018-2028, (USD Million)
- By Application- Market Size & Forecast 2018-2028, (USD Million)
- By Country
- Germany
- The UK
- France
- Italy
- Spain
- Rest of Europe
- Germany Biopreservation Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type -- Market Size & Forecast 2018-2028, (USD Million)
- By Application- Market Size & Forecast 2018-2028, (USD Million)
- Market Size & Analysis
- The UK Biopreservation Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type -- Market Size & Forecast 2018-2028, (USD Million)
- By Application- Market Size & Forecast 2018-2028, (USD Million)
- Market Size & Analysis
- France Biopreservation Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type -- Market Size & Forecast 2018-2028, (USD Million)
- By Application- Market Size & Forecast 2018-2028, (USD Million)
- Market Size & Analysis
- Italy Biopreservation Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type -- Market Size & Forecast 2018-2028, (USD Million)
- By Application- Market Size & Forecast 2018-2028, (USD Million)
- Market Size & Analysis
- Spain Biopreservation Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type -- Market Size & Forecast 2018-2028, (USD Million)
- By Application- Market Size & Forecast 2018-2028, (USD Million)
- Market Size & Analysis
- Market Size & Analysis
- The Middle East & Africa Biopreservation Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type -- Market Size & Forecast 2018-2028, (USD Million)
- By Application- Market Size & Forecast 2018-2028, (USD Million)
- South Africa
- The UAE
- Saudi Arabia
- Rest of the Middle East & Africa
- South Africa Biopreservation Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type -- Market Size & Forecast 2018-2028, (USD Million)
- By Application- Market Size & Forecast 2018-2028, (USD Million)
- Market Size & Analysis
- The UAE Biopreservation Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type -- Market Size & Forecast 2018-2028, (USD Million)
- By Application- Market Size & Forecast 2018-2028, (USD Million)
- Market Size & Analysis
- Saudi Arabia Biopreservation Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type -- Market Size & Forecast 2018-2028, (USD Million)
- By Application- Market Size & Forecast 2018-2028, (USD Million)
- Market Size & Analysis
- Market Size & Analysis
- Asia-Pacific Biopreservation Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type -- Market Size & Forecast 2018-2028, (USD Million)
- By Application- Market Size & Forecast 2018-2028, (USD Million)
- By Country
- China
- Japan
- Australia
- India
- South Korea
- Rest of Asia Pacific
- China Biopreservation Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type -- Market Size & Forecast 2018-2028, (USD Million)
- By Application- Market Size & Forecast 2018-2028, (USD Million)
- Market Size & Analysis
- Japan Biopreservation Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type -- Market Size & Forecast 2018-2028, (USD Million)
- By Application- Market Size & Forecast 2018-2028, (USD Million)
- Market Size & Analysis
- Australia Biopreservation Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type -- Market Size & Forecast 2018-2028, (USD Million)
- By Application- Market Size & Forecast 2018-2028, (USD Million)
- Market Size & Analysis
- India Biopreservation Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type -- Market Size & Forecast 2018-2028, (USD Million)
- By Application- Market Size & Forecast 2018-2028, (USD Million)
- Market Size & Analysis
- South Korea Biopreservation Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type -- Market Size & Forecast 2018-2028, (USD Million)
- By Application- Market Size & Forecast 2018-2028, (USD Million)
- Market Size & Analysis
- Market Size & Analysis
- Competitive Outlook
- Company Profiles
- Azenta Life Sciences
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Biomatrica, Inc.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- BioLife Solutions
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- MVE Biological Solutions
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- LabVantage Solutions, Inc.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Taylor-Wharton
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Thermo Fisher Scientific, Inc.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Panasonic Corporation
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- X-Therma
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- PrincetonCryo
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Merck KgaA
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- VWR International
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Thermogenesis Holdings
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Lifeline Scientific Inc.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- AMS Biotechnology
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Others
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Azenta Life Sciences
- Company Profiles
- Disclaimer
MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:
1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.
2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.
3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.
4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making