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Biopreservation Market Size, Analysis, Share & Forecast 2031

Biopreservation Market

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Segments - 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 2023 – 2031

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Anuradha B. More

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Report Description

Biopreservation Market Outlook 2031

The Biopreservation Market was USD 8.13 Billion 2022 and is likely to reach USD 47.96 Billion by 2031, expanding at a CAGR of 21.8% during 2023 – 2031. 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.

Biopreservation 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	2022
Historic Data	2016–2021
Forecast Period	2023–2031
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
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.

Global Biopreservation Market Key Players

Table Of Content

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 (000â€™ 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

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