Global Biopreservation Market

Global Biopreservation Market Size, Trends & Analysis - Forecasts to 2026 By Biospecimen (Human Tissue Samples, Stem Cells, Organs, Others), By Type (Biopreservation Media, Biospecimen Equipment, Cryogenic Storage Systems, Freezers, Thawing Equipment, Refrigerators), By Application (Therapeutic Applications, Research Applications, Clinical trials, Others), By End User (Biobanks, Hospitals, Gene Banks, Others), By Region (North America, Europe, Asia Pacific, MEA, CSA); Vendor Landscape, End User Landscape and Company Market Share Analysis & Competitor Analysis

Category Healthcare

Format

This report was recently updated on April 12 2024 with the latest and most recent market numbers

Biopreservation Market Insights

The global bio preservation market is expected to generate revenue amounting to USD 3.10 billion in 2020, and is projected to reach to USD 5.40 billion by 2026, growing at a CAGR of 9.68% over the forecast period. The increasing R&D investments, advances in biobanking and the growing trend of conserving cord blood stem cells of newborns are some of the major factors expected to drive the market during the forecast period. Rising investments in regenerative medicine research, along with the increasing demand for personalized medicine are also driving the market growth for bio preservation.

Growing healthcare expenditure and rapid economic development across various regions including North America, Europe, Asia Pacific, and Central & South America is further projected to propel the market growth of bio-preservation. Advancements in formulation of hypothermic storage solutions, next-generation cryopreservation solutions, and design and integration with nanoscale technologies are some of the major factors projected to propel the market growth during the forecast period. Increasing prevalence of chronic diseases such as cardiac, renal diseases, diabetes and obesity are also boosting the market growth. Shortage of organ donors for transplantation will increase the demand for regenerative medicine. However, high cost of biopreservation equipment and stringent regulations for manufacturing biopreservation products, are likely to hamper the market growth during the forecast period.

Biopreservation Market Size: By Segmentation

The global biopreservation market is segmented on the basis of product type into biopreservation media, biospecimen equipment, freezers, cryogenic storage systems, thawing equipment, and refrigerators. The biospecimen equipment segment is expected to hold the largest market share in the global biopreservation market during the forecast period. Increasing demand for bio-banks and extensive usage in DNA, plasma, stem cell, and tissue research are driving the market for biospecimen equipment. Biopreservation media is expected grow at a significant market share during the forecast period. Increasing demand for bio-banking of stem cells and tissues in life sciences research is expected to drive the market for media segment.

On the basis of application, the global biopreservation market is segmented into therapeutic applications, research applications, and clinical trials among others. The therapeutic applications segment is expected to hold the largest market share during the forecast period. The growing advancements in the fields of regenerative medicine and personalized medicine and increasing trend of cord blood banking are some of the major factors expected to propel the market growth during the forecast period. The advancements in treatment techniques, and high prevalence of chronic diseases across the globe is also propelling the market growth for therapeutic applications.

On the basis of end users, the market is segmented into biobanks, gene banks, and hospitals among others. The biobanking segment is expected to hold the largest market share in the global biopreservation market during the forecast period. Biobanks are biorepositories that store and preserve biological samples that are used in different medical research. Increasing demand for biospecimens to support various types of contemporary research such as personalized medicine and genomics are driving the market for biobanking segment.

Biopreservation Market Size: By Region

On the basis of region, the market of Biopreservation is segmented into North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa. The North America region is expected to dominate the market during the forecast period. The consistent drug developments as well as advent of advanced therapies in the field of biomedical research are driving the market growth in the region. Rise in patient base requiring high-end treatment for chronic diseases and growing demand for biopreservation products and services across this region is also driving the market growth. The presence of leading biopreservation product companies such as Thermo Fisher Scientific Inc., Avantor, Inc., hermoGenesis Holdings, Inc., Bio-Techne Corporation, and Exact Sciences Corporation are also propelling the market growth in the region.

Biopreservation Market Share & Competitor Analysis

Some of the key players operating in the biopreservation market include: Thermo Fisher Scientific Inc., Merck KGaA, Avantor, Inc., Exact Sciences Corporation, Worthington Industries, Inc., Chart Industries, Inc., ThermoGenesis Holdings, Inc., Bio-Techne Corporation, BioLife Solutions, Inc., So-Low Environmental Equipment Co., Inc., Princeton CryoTech, Inc., BioCision, LLC, Shanghai Genext Medical Technology Co. Ltd, PHC Holdings Corporation, Helmer Scientific, Inc., Arctiko, Nippon Genetics Europe, STEMCELL Technologies, Inc., AMS Biotechnology, and OPS Diagnostics among others.

Please note: This is not an exhaustive list of companies profiled in the report.

In 2020, Thermo Fisher Scientific Inc. launched Gibco BenchStable Media for Biopreservation media and equipment market.

In 2020, Merck announced plans for the construction of a new biotech development facility in Switzerland. The company will be investing USD 282.5 million for this purpose. This facility is going to strengthen company’s presence in biopreservation media and equipment market.

In 2020, Merck announced to establish a Sustainability Centre in Dubai. The center comprises diverse programs that address and accelerate solutions for sustainable challenges through the application of advanced science and technology.

Check the Press Release on Global Biopreservation Market Report

Biopreservation Market: By Biospecimen

Introduction
1. Biopreservation market, By Biospecimen, 2020-2026 (USD Million)
Human Tissue Samples
1. Human Tissue Samples: Biopreservation market, 2020-2026 (USD Million
Stem Cells
1. Stem Cells: Biopreservation: Biopreservation market, 2020-2026 (USD Million)
Organs
1. Organs: Biopreservation market, 2020-2026 (USD Million)
Others
1. Others: Biopreservation market, 2020-2026 (USD Million)

Biopreservation Market: By Type

Introduction
1. Biopreservation market, By Type, 2020-2026 (USD Million)
Biopreservation Media
1. Biopreservation Media: Biopreservation market, 2020-2026 (USD Million)
  1. Nutrient Media: Biopreservation market, 2020-2026 (USD Million)
  2. Sera: Biopreservation market, 2020-2026 (USD Million)
Biospecimen Equipment
1. Biospecimen Equipment: Biopreservation market, 2020-2026 (USD Million)
  1. Temperature Control Systems: Biopreservation market, 2020-2026 (USD Million)
Cryogenic Storage Systems
1. Cryogenic Storage Systems: Biopreservation market, 2020-2026 (USD Million)
Freezers
1. Freezers: Biopreservation market, 2020-2026 (USD Million)
Thawing Equipment
1. Thawing Equipment: Biopreservation market, 2020-2026 (USD Million)
Refrigerators
1. Refrigerators: Biopreservation market, 2020-2026 (USD Million)
  1. Accessories: Biopreservation market, 2020-2026 (USD Million)
  2. Incubators: Biopreservation market, 2020-2026 (USD Million)
  3. Centrifuges: Biopreservation market, 2020-2026 (USD Million)
  4. Alarms & Monitoring systems: Biopreservation market, 2020-2026 (USD Million)
  5. Others: Biopreservation market, 2020-2026 (USD Million)

Biopreservation Market: By Application

Introduction
1. Biopreservation market, By Application, 2020-2026 (USD Million)
Therapeutic Applications
1. Therapeutic Applications: Biopreservation market, 2020-2026 (USD Million)
Research Applications
1. Research Applications: Biopreservation market, 2020-2026 (USD Million)
Clinical trials
1. Clinical trials: Biopreservation market, 2020-2026 (USD Million)
Others
1. Others: Biopreservation market, 2020-2026 (USD Million)

Biopreservation Market: By End User

Introduction
1. Biopreservation market, By End User, 2020-2026 (USD Million)
Biobanks
1. Biobanks: Biopreservation market, 2020-2026 (USD Million)
Hospitals
1. Hospitals: Biopreservation market, 2020-2026 (USD Million)
Gene Banks
1. Gene Banks: Biopreservation market, 2020-2026 (USD Million)
Others
1. Others: Biopreservation market, 2020-2026 (USD Million)

Biopreservation Market: By Region

Introduction
1. Global Biopreservation Market, Regional Analysis, 2020-2026 (USD Million)
North America
1. North America Biopreservation Market, Regional Analysis, 2020-2026 (USD Million)
  1. By Biospecimen
    1. North America Biopreservation Market, By Biospecimen, 2020-2026 (USD Million)
  2. By Type
    1. North America Biopreservation Market, By Type, 2020-2026 (USD Million)
  3. By Application
    1. North America Biopreservation Market, By Application, 2020-2026 (USD Million)
  4. By End User
    1. North America Biopreservation Market, By End User, 2020-2026 (USD Million)
  5. By Country
    1. U.S
      1. By Biospecimen
        
        U.S. Biopreservation Market, By Biospecimen, 2020-2026 (USD Million)
      2. By Type
        
        U.S. Biopreservation Market, By Type, 2020-2026 (USD Million)
      3. By Application
        
        U.S. Biopreservation Market, By Application, 2020-2026 (USD Million)
      4. By End User
        
        U.S. Biopreservation Market, By End User, 2020-2026 (USD Million)
    2. Canada.
      1. By Biospecimen
        
        Canada Biopreservation Market, By Biospecimen, 2020-2026 (USD Million)
      2. By Type
        
        Canada Biopreservation Market, By Type, 2020-2026 (USD Million)
      3. By Application
        
        Canada Biopreservation Market, By Application, 2020-2026 (USD Million)
      4. By End User
        
        Canada Biopreservation Market, By End User, 2020-2026 (USD Million)
    3. Mexico
      1. By Biospecimen
        
        Mexico Biopreservation Market, By Biospecimen, 2020-2026 (USD Million)
      2. By Type
        
        Mexico Biopreservation Market, By Type, 2020-2026 (USD Million)
      3. By Application
        
        Mexico Biopreservation Market, By Application, 2020-2026 (USD Million)
      4. By End User
        
        Mexico Biopreservation Market, By End User, 2020-2026 (USD Million)
Europe
1. Europe Biopreservation Market, Regional Analysis, 2020-2026 (USD Million)
  1. By Biospecimen
    1. Europe Biopreservation Market, By Biospecimen, 2020-2026 (USD Million)
  2. By Type
    1. Europe Biopreservation Market, By Type, 2020-2026 (USD Million)
  3. By Application
    1. Europe Biopreservation Market, By Application, 2020-2026 (USD Million)
  4. By End User
    1. Europe Biopreservation Market, By End User, 2020-2026 (USD Million)
  5. By Country
    1. Germany
      1. By Biospecimen
        
        Germany Biopreservation Market, By Biospecimen, 2020-2026 (USD Million)
      2. By Type
        
        Germany Biopreservation Market, By Type, 2020-2026 (USD Million)
      3. By Application
        
        Germany Biopreservation Market, By Vertcal, 2020-2026 (USD Million)
      4. By End User
        
        Germany Biopreservation Market, By End User, 2020-2026 (USD Million)
    2. UK
      1. By Biospecimen
        
        UK Biopreservation Market, By Biospecimen, 2020-2026 (USD Million)
      2. By Type
        
        UK Biopreservation Market, By Type, 2020-2026 (USD Million)
      3. By Application
        
        UK Biopreservation Market, By Application, 2020-2026 (USD Million)
      4. By End User
        
        UK Biopreservation Market, By End User, 2020-2026 (USD Million)
    3. France
      1. By Biospecimen
        
        France Biopreservation Market, By Biospecimen, 2020-2026 (USD Million)
      2. By Type
        
        France Biopreservation Market, By Type, 2020-2026 (USD Million)
      3. By Application
        
        France Biopreservation Market, By Application, 2020-2026 (USD Million)
      4. By End User
        
        France Biopreservation Market, By End User, 2020-2026 (USD Million)
Asia Pacific
1. Asia Pacific Biopreservation Market, Regional Analysis, 2020-2026 (USD Million)
  1. By Biospecimen
    1. Asia Pacific Biopreservation Market, By Biospecimen, 2020-2026 (USD Million)
  2. By Type
    1. Asia Pacific Biopreservation Market, By Type, 2020-2026 (USD Million)
  3. By Application
    1. Asia Pacific Biopreservation Market, By Application, 2020-2026 (USD Million)
  4. By End User
    1. Asia Pacific Biopreservation Market, By End User, 2020-2026 (USD Million)
  5. By Country
    1. China
      1. By Biospecimen
        
        China Biopreservation Market, By Biospecimen, 2020-2026 (USD Million)
      2. By Type
        
        China Biopreservation Market, By Type, 2020-2026 (USD Million)
      3. By Application
        
        China Biopreservation Market, By Application, 2020-2026 (USD Million)
      4. By End User
        
        China Biopreservation Market, By End User, 2020-2026 (USD Million)
    2. Japan
      1. By Biospecimen
        
        Japan Biopreservation Market, By Biospecimen, 2020-2026 (USD Million)
      2. By Type
        
        Japan Biopreservation Market, By Type, 2020-2026 (USD Million)
      3. By Application
        
        Japan Biopreservation Market, By Application, 2020-2026 (USD Million)
      4. By End User
        
        Japan Biopreservation Market, By End User, 2020-2026 (USD Million)
    3. India
      1. By Biospecimen
        
        India Biopreservation Market, By Biospecimen, 2020-2026 (USD Million)
      2. By Type
        
        India Biopreservation Market, By Type, 2020-2026 (USD Million)
      3. By Application
        
        India Biopreservation Market, By Application, 2020-2026 (USD Million)
      4. By End User
        
        India Biopreservation Market, By End User, 2020-2026 (USD Million)
    4. South Korea
      1. By Biospecimen
        
        South Korea Biopreservation Market, By Biospecimen, 2020-2026 (USD Million)
      2. By Type
        
        South Korea Biopreservation Market, By Type, 2020-2026 (USD Million)
      3. By Application
        
        South Korea Biopreservation Market, By Application, 2020-2026 (USD Million)
      4. By End User
        
        South Korea Biopreservation Market, By End User, 2020-2026 (USD Million)
    5. Rest OfApac
      1. By Biospecimen
        
        Rest OfApac, Biopreservation Market, By Biospecimen, 2020-2026 (USD Million)
      2. By Type
        
        Rest OfApacBiopreservation Market, By Type, 2020-2026 (USD Million)
      3. By Application
        
        Rest OfApacBiopreservation Market, By Application, 2020-2026 (USD Million)
      4. By End User
        
        Rest OfApacBiopreservation Market, By End User, 2020-2026 (USD Million)
Central & South America
1. Central & South America Biopreservation Market, Regional Analysis, 2020-2026 (USD Million)
  1. By Biospecimen
    1. Central & South America Biopreservation Market, By Biospecimen, 2020-2026 (USD Million)
  2. By Type
    1. Central & South America Biopreservation Market, By Type, 2020-2026 (USD Million)
  3. By Application
    1. Central & South America Biopreservation Market, By Application, 2020-2026 (USD Million)
  4. By End User
    1. Central & South America Biopreservation Market, By End User, 2020-2026 (USD Million)
  5. By Country
    1. Brazil
      1. By Biospecimen
        
        Brazil Biopreservation Market, By Biospecimen, 2020-2026 (USD Million)
      2. By Type
        
        Brazil Biopreservation Market, By Type, 2020-2026 (USD Million)
      3. By Application
        
        Brazil Biopreservation Market, By Application, 2020-2026 (USD Million)
      4. By End User
        
        Brazil Biopreservation Market, By End User, 2020-2026 (USD Million)
2. Middle East & Africa
  1. Middle East & Africa Biopreservation Market, Regional Analysis, 2020-2026 (USD Million)
    1. By Biospecimen
      1. Middle East & Africa Biopreservation Market, By Biospecimen, 2020-2026 (USD Million)
    2. By Type
      1. Middle East & Africa Biopreservation Market, By Type, 2020-2026 (USD Million)
    3. By Application
      1. Middle East & Africa Biopreservation Market, By Application, 2020-2026 (USD Million)
    4. By End User
      1. Middle East & Africa Biopreservation Market, By End User, 2020-2026 (USD Million)
    5. By Country
      1. Saudi Arabia
        
        By Biospecimen
        
        Saudi Arabia Biopreservation Market, By Biospecimen, 2020-2026 (USD Million)
        
        By Type
        
        Saudi Arabia Biopreservation Market, By Type, 2020-2026 (USD Million)
        
        By Application
        
        Saudi Arabia Biopreservation Market, By Application, 2020-2026 (USD Million)
        
        By End User
        
        Saudi Arabia Biopreservation Market, By End User, 2020-2026 (USD Million)
      2. UAE
        
        By Biospecimen
        
        UAE Biopreservation Market, By Biospecimen, 2020-2026 (USD Million)
        
        By Type
        
        UAE Biopreservation Market, By Type, 2020-2026 (USD Million)
        
        By Application
        
        UAE Biopreservation Market, By Application, 2020-2026 (USD Million)
        
        By End User
        
        UAE Biopreservation Market, By End User, 2020-2026 (USD Million)

The global Biopreservation Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Biopreservation Market.

Biopreservation Market

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Biopreservation Market

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.

Biopreservation Market