The Business Research Company’s report on the Biopreservation Market Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How are market drivers shaping the future growth trajectory of the biopreservation market industry?
Increasing demand for personalized medicine is significantly contributing to the growth of the biopreservation market. Personalized medicine is used to treat patients with diseases specific to them. Personalized medicines are developed with the help of biobanks, which preserve human tissues and cells using biopreservation. For instance, in February 2024, according to the Personalized Medicine Coalition, a US-based non-profit organization, the FDA approved 16 novel personalized therapies for patients with rare diseases in 2023, compared to six in 2022. Thus, the increasing demand for personalized medicine is expected to propel the biopreservation market growth going forward.
Access Your Free Sample of the Global Biopreservation Market Market Report – Get Insights Now!
https://www.thebusinessresearchcompany.com/sample.aspx?id=8263&type=smp
What is the estimated market size of the biopreservation market sector by 2029, based on current forecasts?
The biopreservation market market size has grown rapidly in recent years. It will grow from$6.02 billion in 2024 to $6.7 billion in 2025 at a compound annual growth rate (CAGR) of 11.3%. The growth in the historic period can be attributed to biobanking expansion, rise in stem cell research, growing organ transplantation procedures, biopharmaceutical production, cell therapy advancement
The biopreservation market market size is expected to see rapid growth in the next few years. It will grow to “$11.09 billion in 2029 at a compound annual growth rate (CAGR) of 13.4%. The growth in the forecast period can be attributed to increasing demand for regenerative medicine, R&D in personalized medicine, cryopreservation applications, global biopharmaceutical supply chain, emerging biobanking initiatives. Major trends in the forecast period include growing application in stem cell banking, focus on advanced preservation solutions, expansion in drug discovery and development, introduction of portable biopreservation devices, growing importance in organ transplantation.
Gain Exclusive Market Insights—Customize Your Research Report Today For Fast Delivery!
https://www.thebusinessresearchcompany.com/customise?id=8263&type=smp
#Who are the top players in the biopreservation market market?
Major companies operating in the biopreservation market market include Thermo Fisher Scientific Inc., BioLife Solutions Inc., VWR International LLC, BioCision LLC, Lifeline Scientific Inc., Biomatrica Inc., Custom Biogenic System Inc., QIAGEN NV, ThermoGenesis Holdings Inc., MVE Biological Solutions LLC, Taylor-Wharton America Inc., X-Therma Inc., Cesca Therapeutics Inc., Core Dynamics Ltd., The Merck Group, Azenta US Inc., Avantor Inc., Bio-Techne Corporation, Worthington Industries Inc., Chart Industries Inc., Cryoport Inc., LabVantage Solutions Inc., Brooks Automation Inc., BioVault Technical Ltd., Biomatik Corporation, Biostorage Technologies Inc., Arctiko A/S, Eppendorf AG, Panasonic Healthcare Co. Ltd., BioSpherix Ltd.
#What are the major trends in the biopreservation market market?
Technological innovation is a key trend in the biopreservation market. Major players are adopting new technologies such as cryopreservation solutions for preserving complex tissues and organs over time. Cryopreservation is the process of safeguarding material at an extremely low temperature (196 °C) either very quickly, as in the case of seed storage, or gradually, with simultaneous dehydration, as in tissue culture. For instance, in April 2024, Pluristyx, Inc., a US-based biotechnology company, launched PluriFreeze Cryopreservation Media. Which is a proprietary solution designed to enhance the viability and functionality of human-derived pluripotent stem cells (iPSCs) and other delicate cell types during freezing and thawing processes. Initially available in a research use only (RUO) formulation, a good manufacturing practice (GMP) version is expected soon. PluriFreeze is composed entirely of synthetic and animal-origin free (AOF) materials, ensuring a safer and more ethical approach to cell preservation. Its low viscosity facilitates automation and large-scale cell production, while the complementary DMSO-free wash solution, PluriPrep, allows for extended processing times, optimizing cell handling and recovery for both research and clinical applications.
Which geography holds the highest biopreservation market market share?
North America was the largest region in the biopreservation market share in 2024. The regions covered in the biopreservation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Order Your Report Now For Swift Delivery
https://www.thebusinessresearchcompany.com/report/biopreservation-global-market-report
How do different segments contribute to the overall expansion of the biopreservation market market?
The biopreservation market market covered in this report is segmented –
1) By Type: Biopreservation Equipment, Biopreservation Media
2) By Biospecimen: Human Tissue Samples, Organs, Stem Cells, Other Biospecimens
3) By Application: Therapeutic Applications, Research Applications, Clinical Trials, Other Applications
4) By End User: Biobanks, Gene Banks, Hospitals, Other End Users
Subsegments:
1) By Biopreservation Equipment: Freezers, Liquid Nitrogen Tanks, Refrigerators, Incubators
2) By Biopreservation Media: Cryoprotectants, Growth Media, Supplementary Media
Purchase The Exclusive Report Now To Unlock Valuable Market Insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8263
How is the biopreservation market market defined?
Biopreservation is defined as the use of microorganisms and their metabolic byproducts to increase food safety and shelf life. It is used to preserve biospecimen for a longer period and shield them from any harm outside their native environment. Biospecimens are samples of materials such as urine, blood, tissue, cells, DNA, and others that are kept in a biorepository for future research or utilized for a lab test.
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
https://thebusinessresearchcompany.com/
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
