Biopreservation Market by Products (Equipment, Media and Laboratory Information Management Systems (LIMS)), Application (Regenerative Medicine, Bio-Banking and Drug Discovery), Cell Providers (CD34+, CD19+, MSC, iPSC, hESC, Tumor Cells and Others) and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
The biopreservation market size was valued at USD 4.5 billion in 2019 and is estimated to register a substantial CAGR of 21.85% during the forecast period, 2021–2028. The growth of the market is attributed to rising investment in regenerative medicine research and development along with increasing healthcare expenditure and application of in-house sample storage in labs and hospitals.
It refers to the preservation of biospecimen for research purposes through several techniques and equipments. Equipments such as refrigerators, freezers and consumables are used in these preservations.
The Covid-19 pandemic had a favourable impact on the biopreservation market. The pharmaceutical industry has observed immense growth and demand; thereby, driving the investment in the R&D activities for drug discovery. This has lead to the demand for biopreservation products worldwide .This pandemic has encouraged the key players to implement advance technologies to overcome the challenges and further expand the market growth.
Market Trends, Drivers, Restraints, and Opportunities
- Increasing initiatives and regulations from government bodies towards improving medication are restoring the market growth.
- Rising number of medical research practices including stem cell therapy researches is fuelling the market growth.
- Rising chronic diseases such as obesity, diabetes and cancer is estimated to incur positive impact on the market growth.
- The Covid-19 pandemic lead to immense growth in pharmaceutical industry. This has further insinuated demand for biopreservation product worldwide.
- Rising prevalence preserving the stem cells of newborns is projected to create lucrative opportunities for the biopreservation market over the forecast period.
- High cast incurred in manufacturing bio preservation equipments is anticipated to impede the market growth
- R&D investment and technological advancement in biopreservation market are expected to offer lucrative opportunities for the market players.
Scope of Biopreservation Market Report
The report on the biopreservation market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
|
Attributes |
Details |
|
Report Title |
Biopreservation market -Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
|
Base Year |
2020 |
|
Historic Data |
2018–2019 |
|
Forecast Period |
2021–2028 |
|
Segmentation |
Products (Equipment, Media and Laboratory Information Management Systems (LIMS)) Application (Regenerative Medicine, Bio-Banking and Drug Discovery) Cell Providers (CD34+, CD19+, MSC, iPSC, hESC, Tumor Cells and Others) |
|
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
|
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Biomatrica, BioLife Solutions Inc., Chart MVE Biomedical, BioCision, Exact Sciences Corporation, Merck KGaA, Thermo Fisher Scientific Inc., Atlanta Biologics, Panasonic Biomedical, Qiagen, and VWR International. |
Biopreservation Market Segment insights
The equipment segment is projected to constitute a large market share
Based on products, biopreservation market is segmented into equipment, media and laboratory information management systems (LIMS). The equipment segment is further divided into refrigerators, freezers, liquid nitrogen and consumables. Consumables sub-segment is further segregated into vials, micro-titer plates and straws. The media segment is further divided into home-brew and pre-formulated. The equipment segment is expected to account for a key share of the market during the forecast period owing to the rising demand for refrigerators and freezers for stem cell research activities and in biobanks.
Bio-banking segment is expected to register a substantial CAGR
Based on application, the biopreservation market is divided into regenerative medicine, bio-banking and drug discovery. The regenerative medicine segment is further divided into gene therapy, cell therapy and others. Bio-banking segment is further segregated into human sperms, eggs, veterinary IVF. The bio-banking segment accounts for a key share of the market and is estimated to propel even further over the forecast period owing to rising practice of preservation of stem cells and the increasing number of egg and sperm banks. Furthermore, the research activities such as growing preservation of tissues are driving the market growth.
The key word segment is anticipated to expand at a significant pace
Based on cell providers, the biopreservation market is segmented into CD34+, CD19+, MSC, iPSC, hESC, tumor cells and others. The tumor cells segment is projected to constitute a key share of the market during the forecast period owing to its application in the diagnosis and treatment of cancer.
Asia Pacific is expected to dominate the market
In terms of regions, the market is broadly classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is anticipated to expand at a robust CAGR during the forecast period. The early access and adoption of the latest updates and technologies in the medical sector and the rising investment of government bodies in the research activities in this region are anticipated to boost the market growth over the coming years.
Segments
The biopreservation market has been segmented on the basis of:-
Products
- Equipment
- Media
- Laboratory Information Management Systems (LIMS)
Applications
- Regenerative Medicine
- Bio-Banking
- Drug Discovery
Cell providers
- CD34+
- CD19+
- MSC
- iPSC
- hESC
- Tumor Cells
- Others
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Companies
- Biomatrica
- BioLife Solutions Inc.
- Chart MVE Biomedical
- BioCision
- Exact Sciences Corporation
- Merck KGaA
- Thermo Fisher Scientific Inc.
- Atlanta Biologics
- Panasonic Biomedical
- Qiagen
- VWR International
Competitive Landscape
Key players competing in the biopreservation market include Biomatrica, BioLife Solutions Inc., Chart MVE Biomedical, BioCision, Exact Sciences Corporation, Merck KGaA, Thermo Fisher Scientific Inc., Atlanta Biologics, Panasonic Biomedical, Qiagen, and VWR International.
Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase/enhance their market shares.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Biopreservation Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Biopreservation Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Biopreservation Market - Supply Chain
4.5. Global Biopreservation Market Forecast
4.5.1. Biopreservation Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Biopreservation Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Biopreservation Market Absolute $ Opportunity
5. Global Biopreservation Market Analysis and Forecast by Applications
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Applications
5.2.2. Y-o-Y Growth Projections by Applications
5.3. Biopreservation Market Size and Volume Forecast by Applications
5.3.1. Regenerative Medicine
5.3.2. Bio-Banking
5.3.3. Drug Discovery
5.4. Absolute $ Opportunity Assessment by Applications
5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Biopreservation Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Biopreservation Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Biopreservation Demand Share Forecast, 2019-2026
7. North America Biopreservation Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Biopreservation Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Biopreservation Market Size and Volume Forecast by Applications
7.4.1. Regenerative Medicine
7.4.2. Bio-Banking
7.4.3. Drug Discovery
7.5. Basis Point Share (BPS) Analysis by Applications
7.6. Y-o-Y Growth Projections by Applications
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Biopreservation Demand Share Forecast, 2019-2026
8. Latin America Biopreservation Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Biopreservation Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Biopreservation Market Size and Volume Forecast by Applications
8.4.1. Regenerative Medicine
8.4.2. Bio-Banking
8.4.3. Drug Discovery
8.5. Basis Point Share (BPS) Analysis by Applications
8.6. Y-o-Y Growth Projections by Applications
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Biopreservation Demand Share Forecast, 2019-2026
9. Europe Biopreservation Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Biopreservation Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Biopreservation Market Size and Volume Forecast by Applications
9.4.1. Regenerative Medicine
9.4.2. Bio-Banking
9.4.3. Drug Discovery
9.5. Basis Point Share (BPS) Analysis by Applications
9.6. Y-o-Y Growth Projections by Applications
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Biopreservation Demand Share Forecast, 2019-2026
10. Asia Pacific Biopreservation Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Biopreservation Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Biopreservation Market Size and Volume Forecast by Applications
10.4.1. Regenerative Medicine
10.4.2. Bio-Banking
10.4.3. Drug Discovery
10.5. Basis Point Share (BPS) Analysis by Applications
10.6. Y-o-Y Growth Projections by Applications
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Biopreservation Demand Share Forecast, 2019-2026
11. Middle East & Africa Biopreservation Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Biopreservation Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Biopreservation Market Size and Volume Forecast by Applications
11.4.1. Regenerative Medicine
11.4.2. Bio-Banking
11.4.3. Drug Discovery
11.5. Basis Point Share (BPS) Analysis by Applications
11.6. Y-o-Y Growth Projections by Applications
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Biopreservation Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Biopreservation Market: Market Share Analysis
12.2. Biopreservation Distributors and Customers
12.3. Biopreservation Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Biomatrica
12.4.2. BioLife Solutions Inc.
12.4.3. Chart MVE Biomedical
12.4.4. BioCision
12.4.5. Exact Sciences Corporation
2. Assumptions and Acronyms Used
3. Research Methodology
4. Biopreservation Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Biopreservation Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Biopreservation Market - Supply Chain
4.5. Global Biopreservation Market Forecast
4.5.1. Biopreservation Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Biopreservation Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Biopreservation Market Absolute $ Opportunity
5. Global Biopreservation Market Analysis and Forecast by Applications
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Applications
5.2.2. Y-o-Y Growth Projections by Applications
5.3. Biopreservation Market Size and Volume Forecast by Applications
5.3.1. Regenerative Medicine
5.3.2. Bio-Banking
5.3.3. Drug Discovery
5.4. Absolute $ Opportunity Assessment by Applications
5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Biopreservation Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Biopreservation Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Biopreservation Demand Share Forecast, 2019-2026
7. North America Biopreservation Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Biopreservation Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Biopreservation Market Size and Volume Forecast by Applications
7.4.1. Regenerative Medicine
7.4.2. Bio-Banking
7.4.3. Drug Discovery
7.5. Basis Point Share (BPS) Analysis by Applications
7.6. Y-o-Y Growth Projections by Applications
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Biopreservation Demand Share Forecast, 2019-2026
8. Latin America Biopreservation Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Biopreservation Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Biopreservation Market Size and Volume Forecast by Applications
8.4.1. Regenerative Medicine
8.4.2. Bio-Banking
8.4.3. Drug Discovery
8.5. Basis Point Share (BPS) Analysis by Applications
8.6. Y-o-Y Growth Projections by Applications
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Biopreservation Demand Share Forecast, 2019-2026
9. Europe Biopreservation Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Biopreservation Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Biopreservation Market Size and Volume Forecast by Applications
9.4.1. Regenerative Medicine
9.4.2. Bio-Banking
9.4.3. Drug Discovery
9.5. Basis Point Share (BPS) Analysis by Applications
9.6. Y-o-Y Growth Projections by Applications
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Biopreservation Demand Share Forecast, 2019-2026
10. Asia Pacific Biopreservation Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Biopreservation Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Biopreservation Market Size and Volume Forecast by Applications
10.4.1. Regenerative Medicine
10.4.2. Bio-Banking
10.4.3. Drug Discovery
10.5. Basis Point Share (BPS) Analysis by Applications
10.6. Y-o-Y Growth Projections by Applications
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Biopreservation Demand Share Forecast, 2019-2026
11. Middle East & Africa Biopreservation Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Biopreservation Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Biopreservation Market Size and Volume Forecast by Applications
11.4.1. Regenerative Medicine
11.4.2. Bio-Banking
11.4.3. Drug Discovery
11.5. Basis Point Share (BPS) Analysis by Applications
11.6. Y-o-Y Growth Projections by Applications
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Biopreservation Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Biopreservation Market: Market Share Analysis
12.2. Biopreservation Distributors and Customers
12.3. Biopreservation Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Biomatrica
12.4.2. BioLife Solutions Inc.
12.4.3. Chart MVE Biomedical
12.4.4. BioCision
12.4.5. Exact Sciences Corporation
The biopreservation market has been segmented on the basis of:-
Products
- Equipment
- Media
- Laboratory Information Management Systems (LIMS)
Applications
- Regenerative Medicine
- Bio-Banking
- Drug Discovery
Cell providers
- CD34+
- CD19+
- MSC
- iPSC
- hESC
- Tumor Cells
- Others
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Companies
- Biomatrica
- BioLife Solutions Inc.
- Chart MVE Biomedical
- BioCision
- Exact Sciences Corporation
- Merck KGaA
- Thermo Fisher Scientific Inc.
- Atlanta Biologics
- Panasonic Biomedical
- Qiagen
- VWR International
Key players competing in the biopreservation market include Biomatrica, BioLife Solutions Inc., Chart MVE Biomedical, BioCision, Exact Sciences Corporation, Merck KGaA, Thermo Fisher Scientific Inc., Atlanta Biologics, Panasonic Biomedical, Qiagen, and VWR International.
Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase/enhance their market shares.
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