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The Global Bio Preservation Market is expected to witness robust growth rate during the forecast period. The Global Bio Preservation Market is driven by increasing requirement for preserving new-born’s stem cells across the globe. Moreover, governments across the globe are investing more on healthcare infrastructure, which is positively impacting the growth of the market. Also, upsurge in research and developmental activities is further expected to bolster the growth of the market over the next few years.Speak directly to the analyst to clarify any post sales queries you may have.
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The Global Bio Preservation Market is segmented based on product, biospecimens, cell providers, application, end-user, company, and region. Based on product, the market can be categorized into media, equipment, accessories, alarms & monitoring system, incubators, centrifuges and others. Out of which, the equipment segment dominated the market in terms of largest market share during 2019 and is expected to maintain its leading position the market during the forecast years as well. This can be ascribed to the increasing demand from biobanks. In addition to this, high preservation costs of biological specimens is further anticipated to boost the growth of the segment over the coming years. Also, the media segment is forecast to register robust CAGR during the forecast period, on account of wide adoption in the regenerative medicine industry.
major players operating in the Global Bio Preservation Market include Thermo Fisher Scientific, Inc., Sigma-Aldrich Corporation, VWR Corporation, Biolife Solutions, Inc., Lifeline Scientific, Inc., Cesca Therapeutics, Inc., BioCision, LLC, Core Dynamics, Ltd., Custom Biogenic Systems, Inc., So-Low Environmental Equipment Co., Inc., Princeton Cryotech, Inc., Chart MVE Biomedical, LabVantage Solutions, Inc., Biomatrica. Inc., Taylor-Wharton Cryogenics LLC, and others. The companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions, partnership, collaborations, agreements, and new developments.
Years considered for this report:
- Historical Years: 2015-2018
- Base Year: 2019
- Estimated Year: 2020
- Forecast Period: 2021–2025
Objective of the Study:
- To analyze and estimate the market size of the Global Bio Preservation Market from 2015 to 2018.
- To estimate and forecast the market size of the Global Bio Preservation Market from 2019 to 2025 and growth rate until 2025.
- To classify and forecast the Global Bio Preservation Market based on product, biospecimens, cell providers, application, end-user, company and regional distribution.
- To identify dominant region or segment in the Global Bio Preservation Market.
- To identify drivers and challenges for the Global Bio Preservation Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Global Bio Preservation Market.
- To conduct pricing analysis for the Global Bio Preservation Market.
- To identify and analyze the profile of leading players operating in the Global Bio Preservation Market.
- To identify key sustainable strategies adopted by market players in the Global Bio Preservation Market.
The author performed both primary as well as exhaustive secondary research for this study. Initially, researchers sourced a list of hospitals/clinics across the globe. Subsequently, researchers conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, researchers could include the hospitals/clinics which could not be identified due to the limitations of secondary research. The author analyzed the hospitals/clinics and presence of all major players across the globe.
The author calculated the market size of the Global Bio Preservation Market by using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. Researchers sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.
Key Target Audience:
- Bio preservation hospitals/clinics, laboratories and other stakeholders
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to bio preservation
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as hospitals and clinics, laboratories, partners, end-users, etc., besides allowing them in strategizing investments and capitalizing on the market opportunities.
Report Scope:
In this report, the Global Bio Preservation Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Global Bio Preservation Market, By Product:
- Media
- Equipment
- Accessories
- Alarms & Monitoring System
- Incubators
- Centrifuges
- Other
Global Bio Preservation Market, By Biospecimen:
- Human Tissue Samples
- Stem Cells
- Organs
- Others
Global Bio Preservation Market, By Cell Providers:
- CD34+
- CD19+
- MSC
- iPSC
- hESC
- Tumor Cells
Global Bio Preservation Market, By Application:
- Therapeutic
- Research
- Clinical Trials
- Others
Global Bio Preservation Market, By End-User:
- Biobanks
- Gene Banks
- Hospitals
- Others
Global Bio Preservation Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- South America
- Brazil
- Argentina
- Colombia
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global Bio Preservation Market.
Available Customizations:
With the given market data, researchers offers customizations according to a company’s specific needs.
Table of Contents
1. Product Overview2. Research Methodology3. Impact of COVID-19 on Global Bio Preservation Market4. Executive Summary5. Voice of Customer13. Market Trends & Developments15. Strategic Recommendations16. About Us & Disclaimer
6. Global Bio Preservation Market Outlook
7. Asia-Pacific Bio Preservation Market Outlook
8. Europe Bio Preservation Market Outlook
9. North America Bio Preservation Market Outlook
10. South America Bio Preservation Market Outlook
11. Middle East and Africa Bio Preservation Market Outlook
12. Market Dynamics
14. Competitive Landscape
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Thermo Fisher Scientific, Inc.
- Sigma-Aldrich Corporation
- VWR Corporation
- Biolife Solutions, Inc.
- Lifeline Scientific, Inc.
- Cesca Therapeutics, Inc.
- BioCision, LLC
- Core Dynamics, Ltd.
- Custom Biogenic Systems, Inc.
- So-Low Environmental Equipment Co., Inc.
- Princeton Cryotech, Inc.
- Chart MVE Biomedical
- LabVantage Solutions, Inc.
- Biomatrica. Inc.
- Taylor-Wharton Cryogenics LLC