|
(MoneyNewsWire.Net, March 13, 2018 ) The Global Biopreservation Market is valued at $2.45 billion in 2016 and is estimated to reach $4.37 billion by 2021 with a CAGR of 12.3%. With the growing prevalence of chronic diseases like cancer, cardiovascular diseases, diabetes and acute respiratory diseases, Biopreservation is gaining significance. Biopreservation Media is being increasingly used by the life sciences companies to develop tissue or cell related therapies. Many academic institutions, governments, healthcare establishments, pharmaceuticals and bio technology companies are funding biorepositories and bio banks clinical research. Increasing healthcare expenditure and rise in demand for novel bio-preservatives techniques is expected to aid the growth of the market.
Browse market data tables and in-depth TOC of the Global Biopreservation Market to 2021 @ https://www.marketdataforecast.com/market-reports/global-biopreservation-market-1008/
Biopreservation is a process of storing the biological samples in an environment suitable for their survival. Biological samples that can be stored with the help of biopreservation typically include plasma, saliva, cells, tissues, body fluids and organs. Biobanks are increasingly adopting automated systems and software tools to improve storage, management and retrieval of HBS without sacrificing sample sustainability and integrity. Given the growing volume and diversity of Human Biological Samples that need to be preserved, efficient utilization of storage space down to each refrigerator or a freezer unit is critical. With the emergence of Micro Electromechanical Systems (MEMS) and Radio Frequency Identification Systems (RFIS) as a cost effective and error free technologies for labelling bio samples, biobanks has able to serve several long term benefits compared to the traditional methods.
The drivers of the biopreservation market include increasing healthcare expenditure, increased demand for preserving new-born’s cord cells, increasing R&D spending on research advances in regenerative market, drug discovery and biobanks, investments by government and non-government corporate organizations. Advancements in the field of personalised and diagnostics medicines, increasing biopreservation applications and new facilities are also expected to act as a growth catalyst for the market. However, the market growth is hampered by a few restraints that include high cost related to technologically advanced products and stability issues of specimens.
Free sample of the report is available @ https://www.marketdataforecast.com/market-reports/global-biopreservation-market-1008/request-sample
The global biopreservation market is segmented based on the product type as biopreservation media, biopreservation equipment and lab information system management. Based on the bio-specimens, the market is categorised as human tissue samples, organs, stem cells and other bio-specimens. Based on application, biopreservation market is analysed as therapeutic applications, research applications, clinical trials and other applications. Based on the end-users, the market is segmented as biobanks, gene banks, hospitals and others. The global market is segmented based on the geographical region as North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa.
The major players in the biopreservation market include BioLife Solutions, Inc., Thermo Fisher Scientific, Inc., Sigma-Aldrich Corporation, BioCision LLC, VWR Corporation, Cesca Therapeutics Inc., Taylor-Wharton, So-Low Environmental Equipment Co., Panasonic Corporation and Lifeline Scientific Inc.
Inquire before buying @ https://www.marketdataforecast.com/market-reports/global-biopreservation-market-1008/inquire
The scope of the report provides:
• The evaluation of the current market for your product or services and the future implications of the market
• Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future
• Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment
• Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share
• The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porter’s Five Forces
• The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors
• Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments
• Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence
• Equip you with the information providing with the investment opportunities in the industry
Looking for more? If you are in need of a specific research study, we have an expertise in undertaking a customized study and will aid to meet your research requirement to the fullest.
Customized Report @ https://www.marketdataforecast.com/market-reports/global-biopreservation-market-1008/customize-report
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
Contact:
Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
Direct Line: +1-888-702-9626
Mobile: +91 998 555 0206
Mail:abhishek@marketdataforecast.com
Visit MarketDataForecast Blog @ http://www.marketdataforecast.com/blog/
Follow us @ https://in.linkedin.com/company/market-data-forecast
Market Data Forecast.
Abhishek Shukla
+1-888-702-9626
abhishek@marketdataforecast.com
Source: EmailWire.Com 
|
