Biopreservation Market Research Report, Market Share, Size, Trends, Forecast and Analysis of Key Players 2024

1. Global Biopreservation Market Research Report and Forecast 2024 Report Edition: 2019 Copyright © IMARC Service Pvt Ltd. All Rights Reserved © 2019 IMARC All Rights Reserved

2. Report DescriptionAbout IMARC Group The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value challenges, and transform their businesses. opportunities, address their most critical IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

3. Report Description and Highlights Report Description Global Biopreservation Market Overview: Biopreservation is a process used for retaining the integrity of cells, organs and tissues for an extended period of time. It is widely used in the medical research sector to maintain and accommodate the stability of samples, including stem cells, DNA and plasma. As a result, biopreservation has become important for the success of several commercial and clinical applications of the evolving cell-based technologies. A new research report by IMARC Group, titled “Biopreservation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, estimates that the global biopreservation market reached a value of US$ 2.8 Billion in 2018. The report further anticipates the market value to reach US$ 4.8 Billion by 2024, at a projected CAGR of 9.8% over the forecast period. Global Biopreservation Market Drivers/Constraints: • The rapid economic development has led to the improved access to healthcare facilities in both the developing and developed countries. This is anticipated to bolster the growth of biopreservation market across the globe. Some of the other factors catalysing the demand for biopreservation are adoption of in-house sample storage in hospitals and labs, and increasing investments in personalized medicine, bio-banks, and research and development. •

4. Report Description and Highlights Report Description 186.5 181.2 120.2125.5130.8136.1141.4146.7152.0157.3 175.9 170.6 160 180 165.3 160.0 160 140 140 120 In Billion US$ In Billion US$ 120 100 100 80 80 60 60 40 40 20 20 0 0 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 • Regenerative medicines help to treat diseases such as cancer, heart diseases and neurological disorders; eliminate the need for organ transplantation; and restore the function of damaged tissues through cellular components. The growing demand for regenerative medicine has resulted in an increasing growth of the biopreservation market globally. Request for a free sample report: https://www.imarcgroup.com/biopreservation- market/requestsample

5. Report Description and Highlights Report Description • The high cost of sophisticated biopreservation instruments and equipment is a major restraint in the global biopreservation market. The possibility of tissue injury during thawing and preservation is another major factor challenging the growth of the market. Market Segmentation by Product Type • • Biopreservation Equipment Biopreservation Media On the basis of type, the market has been segregated as biopreservation equipment and media. Amongst these, biopreservation equipment is the most popular product type, accounting for the majority of the market share. Market Segmentation by Application • • • Therapeutic Applications Biobank Applications Drug Discovery Applications

6. Report Description and Highlights Report Description Based on application, biobanks dominate the market, representing the largest application segment of biopreservation. This can be attributed to the growing need for clinical specimen for conducting translational research. Other major segments include therapeutic and drug discovery applications. For more information, click here: https://www.imarcgroup.com/biopreservation-market Market Segmentation by Region • • • • • North America Europe Asia Pacific Latin America Middle East and Africa On a geographical front, the market has been segmented as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Currently, Europe is the leading market for biopreservation on account for government support for the development of new therapies and drugs.

7. Report Description and Highlights Report Description Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players. • • • • • BioLife Solutions, Inc. Thermo Fisher Scientific, Inc. VWR International, LLC Panasonic Corporation BioCision LLC Browse Related Report Biosimilar Market in Europe: https://www.imarcgroup.com/europe-biosimilar-market Biosimilar Market Report: https://www.imarcgroup.com/biosimilar-market

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10. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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