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Biopreservation Market Share, Supply, Demand & Forecast

Biopreservation Market Share, Supply, Demand &

Biopreservation Market Share, Supply, Demand & Forecast “Global Biopreservation Market report includes in-depth analysis of industry by recent technologies, trends, opportunities, challenges, key players and business strategies considering types, segment and future outlook.” The global Biopreservation Market size was estimated at $2.61 billion in 2014 and is anticipated to grow at a CAGR of 17.3% during the forecast period. Rapid growth can be attributed to the rise in healthcare expenditure which is expected to boost the market in the forecast period. Moreover, increasing R&D activities by various companies as well as research organizations funded by government initiatives in the form of grant, contacts and various other funding mechanisms have led to development of novel and innovative bio-preservation services, leading to augment the revenue growth. Growing use of bio-preservation are also supported by the rising participation of government or non-government bodies for the development of this field. For example, due to the support of the institutional and government repositories, the storage of bio-specimen has evolved to next level of advanced information from basics of patient’s phenotype, extending to genetics as well as “omics” such as proteomic information. Product Insights The key segments included laboratory information management systems (LIMS), media and equipment. In 2014, the equipment segment dominated the market which includes liquid nitrogen, consumables, refrigerators and freezers, having a revenue share of more than 80%. Request Sample Copy of this Market Research @ https://www.millioninsights.com/industry-reports/biopreservation-market/request-sample

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