Global Biopreservation Market
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<strong>Biopreservation</strong> <strong>Market</strong> Value, Growth and Overview:<br />
The <strong>Global</strong> <strong>Biopreservation</strong> <strong>Market</strong> is valued at USD 3060 Million in 2018 and is estimated to reach<br />
USD 5620 Million by 2023 with a CAGR of 12.94% from the forecast year 2018 to 2023. With the<br />
growing prevalence of chronic diseases like cancer, cardiovascular diseases, diabetes and acute<br />
respiratory diseases, <strong>Biopreservation</strong> is gaining significance.<br />
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<strong>Biopreservation</strong> Media is being increasingly used by the life sciences companies to develop tissue or<br />
cell-related therapies. Many academic institutions, governments, healthcare establishments,<br />
pharmaceuticals and bio technology companies are funding biorepositories and bio banks clinical<br />
research. Increasing healthcare expenditure and rise in demand for novel bio-preservatives<br />
techniques is expected to aid the growth of the market.<br />
<strong>Biopreservation</strong> <strong>Market</strong> Drivers and Restraints:<br />
<strong>Biopreservation</strong> is a process of storing the biological samples in an environment suitable for their<br />
survival. Biological samples that can be stored with the help of biopreservation typically include<br />
plasma, saliva, cells, tissues, body fluids, and organs. Biobanks are increasingly adopting automated<br />
systems and software tools to improve storage, management, and retrieval of HBS without<br />
sacrificing sample sustainability and integrity. Given the growing volume and diversity of Human<br />
Biological Samples that need to be preserved, efficient utilization of storage space down to each<br />
refrigerator or a freezer unit is critical. With the emergence of Micro-Electromechanical Systems<br />
(MEMS) and Radio Frequency Identification Systems (RFIS) as a cost-effective and error-free<br />
technologies for labeling biosamples, biobanks have able to serve several long-term benefits<br />
compared to the traditional methods.<br />
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The drivers of the biopreservation market include increasing healthcare expenditure, increased<br />
demand for preserving newborn's cord cells, increasing R&D spending on research advances in the<br />
regenerative market, drug discovery and biobanks, investments by government and nongovernment<br />
corporate organizations.<br />
Advancements in the field of personalized and diagnostics medicines, increasing biopreservation<br />
applications and new facilities are also expected to act as a growth catalyst for the market. However,<br />
the market growth is hampered by a few restraints that include high cost related to technologically<br />
advanced products and stability issues of specimens.<br />
<strong>Biopreservation</strong> <strong>Market</strong> Segmentation Analysis:<br />
The global biopreservation market is segmented based on the product type as biopreservation<br />
media, biopreservation equipment, and lab information system management. Based on the biospecimens,<br />
the market is categorized as human tissue samples, organs, stem cells and other biospecimens.<br />
Based on application, biopreservation market is analyzed as therapeutic applications,<br />
research applications, clinical trials and other applications. Based on the end-users, the market is<br />
segmented as biobanks, gene banks, hospitals and others.<br />
<strong>Biopreservation</strong> Industry Regional Analysis:
The global market is segmented based on the geographical region as<br />
<br />
<br />
<br />
<br />
<br />
North America<br />
Europe<br />
Asia-Pacific<br />
Latin America<br />
Middle-East and Africa<br />
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<strong>Market</strong> Segmentation<br />
By Product Type<br />
<br />
<br />
<br />
<strong>Biopreservation</strong> Media<br />
<strong>Biopreservation</strong> equipment<br />
Lab Information System Management<br />
By Bio-Specimens<br />
<br />
<br />
<br />
<br />
Human tissue samples<br />
Organs<br />
Stem cells<br />
Other bio-specimens<br />
By Application<br />
<br />
<br />
<br />
<br />
Therapeutic applications<br />
Research applications<br />
Clinical trials<br />
Other applications<br />
By End-User<br />
<br />
<br />
<br />
<br />
Biobanks<br />
Gene Banks<br />
Hospitals<br />
Others<br />
The Scope of the report:<br />
<br />
<br />
<br />
<strong>Global</strong>, regional and country-level analysis and forecasts of the study market; providing<br />
Insights on the major countries/regions in which this industry is blooming and to also identify<br />
the regions that are still untapped<br />
Segment-level analysis in terms product type along with market size forecasts and<br />
estimations to detect key areas of industry growth in detail<br />
Identification of key drivers, restraints, opportunities and challenges (DROC) in the market<br />
and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which<br />
includes broadly demographic, economics, and political, among other macro-environmental<br />
factors presented in an extensive PESTLE Analysis<br />
Study the micro environment factors that determine the overall profitability of an Industry,<br />
using Porter’s five forces analysis for analyzing the level of competition and business strategy<br />
development<br />
A comprehensive list of key market players along with their product portfolio, current<br />
strategic interests, key financial information, legal issues, SWOT analysis and analyst overview<br />
to study and sustain the market environment<br />
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the<br />
field along with new product launches, comparative financial studies and recent<br />
developments in the market by the major companies<br />
An executive summary, abridging the entire report in such a way that decision-making<br />
personnel can rapidly become acquainted with background information, concise analysis and<br />
main conclusions<br />
Expertly devised analyst overview along with Investment opportunities to provide both<br />
individuals and organizations a strong financial foothold in the market<br />
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and corporate clients. Our analyst team comprises expert professionals in market research, who with<br />
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