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Biopreservation Market to Witness Massive Growth by 2025 - BioLifeSolutions Inc., Lifeline Scientific, Chart Industries, LabVantage Solutions, BioCision, Merck

Press release   •   Jul 04, 2019 12:28 IST

The biopreservation market is anticipated to grow with a significant rate in the coming years, owing to factors such as, improving healthcare expenditure increase, increased adoption of advanced technologies, and increasing the adoption of regenerative medicine will be this factors driving the market's growth during the predicted period. The emerging economies are offering huge opportunities for the players operating in the biopreservation market.

Biopreservation is the use of natural or controlled microbiota or antimicrobials as a way of preserving food and extending its shelf life. Beneficial bacteria or the fermentation products produced by these bacteria are used in biopreservation to control spoilage and render pathogens inactive in food. The biopreservation especially utilizing lactic acid bacteria (LAB) that are inhibitory to food spoilage microbes, has been practiced since early ages, at first unconsciously but eventually with an increasingly robust scientific foundation. Thus, equipment such as refrigerator, freezer, liquid nitrogen and consumables.

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The global biopreservation market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.

The key players influencing the market are BioLifeSolutions Inc., Lifeline Scientific, Chart Industries, LabVantage Solutions Inc., QIAGEN, BIOGENICS INC., Helmer Scientific., BioCision. Merck KGaA, Sigma-Aldrich Co. among others.

North America holds largest share of biopreservation market, novel drug developments and therapies in the biomedical research. As well as to rise in number of patients suffering from chronic diseases. Rising government investments in R&D, thereby propelling demand across the region.

Conversely, the Asia-Pacific regions, countries such as, India, China, Japan, is expected to grow with a faster CAGR than any other region, owing to the presence of unmet healthcare needs, increasing population, high prevalence of chronic diseases and increase in funding capacity.

The biopreservation market report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions.

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The global biopreservation market is segmented on the basis of product, application, biospecimens, and end user. The product segment includes, biopreservation equipment and biopreservation media. The segment of biopreservation equipment is further classified into, temperature control systems, incubators, centrifuges, accessories and, other equipment. Temperature control systems again classified into freezers, refrigerators, cryogenic storage systems, thawing equipment. The segment of biopreservation media is classified into nutrient media, sera, growth factors and supplements. On application basis, the market is segmented as, therapeutic applications, research applications, clinical trials and other applications. Based on biospecimens, the market is segmented as, stem cells, organs, human tissue samples, human tissue samples and, other biospecimens. Based on end user, the market is classified as, gene bank, hospitals, biobanks and, others end users.

The biopreservation market report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global biopreservation market based on product, application, biospecimens, and end user. It also provides market size and forecast till 2025 for overall biopreservation market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 counties globally along with current trend and opportunities prevailing in the region.

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