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(MoneyNewsWire.Net, March 30, 2018 ) According to the report Europe Biopreservation Market, published by Market Data Forecast, the market is projected to reach USD 1,456 million by 2021, at a CAGR of 11.8% from 2016 to 2021.
Biopreservation has gained significance in the recent years with the rising prevalence of chronic diseases. It is also increasing adopted by the life sciences companies to develop tissue or a cell related therapies.
Through biopreservation, biological samples are stored in an environment suitable for their survival. Biological samples that are stored through biopreservation typically include cells, plasma, tissues, saliva, organs and body fluids. Biobanks are leaning towards software tools and automated systems to improve management, storage and retrieval of HBS without sacrificing sample integrity and sustainability. With the growing volumes of human biological samples to be preserved, the storage space must be utilized efficiently.
Get a comprehensive overview of the Europe Biopreservation Market: https://marketdataforecast.com/market-reports/europe-biopreservation-market-1010/
Europe Biopreservation Market: Drivers & Restraints
Increasing expenditure on healthcare, growing awareness among the individuals to preserve the new born stem cells, increasing expenditure on R&D for drug discovery and biobanks are the factors fuelling the growth of market. Also, advancements in personal medicines and diagnostics and increasing applications of biopreservation boost the market. However, high costs and issues pertaining to the stability of specimens are restraining the growth of the market.
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Europe Biopreservation Market: Segmentation
By Product Type
• Biopreservation Media
• Biopreservation Equipment
• Lab Information System Management
By Bio-Specimens
• Human Tissue Samples
• Organs
• Stem cells
• Others
By Application
• Therapeutic Applications
• Research Applications
• Clinical Trials
• Others
By End-Users
• Biobanks
• Gene Banks
• Hospitals
• Others
From simple data collation through secondary and primary research to ad-hoc research requests relating to specific information, we provide our services via customization. Get customization at https://marketdataforecast.com/market-reports/europe-biopreservation-market-1010/customize-report
Europe Biopreservation Market: Overview
With the increasing spending on healthcare and rising demand for novel-preservatives techniques, the biopreservation market is expected to witness growth. Biobanks are the major users of the biopreservation procedure. Therapeutic Applications is expected to grow the fastest in the coming years due to increasing awareness about stem cell preservation.
Europe Biopreservation Market: Region-wise Outlook
Based on geographical analysis the market is analysed into U.K., Germany, France, Italy and Spain. U.K. is the dominating region in the market due to presence of a well-developed healthcare system and biotechnology sector. Germany is expected to grow the fastest due to rising awareness and increasing government expenditure on healthcare.
Key Questions Answered
• What is the current and future Biopreservation Market outlook in Europe? What trends are affecting the market?
• What is the competitive landscape and market share of major players in the Biopreservation Market space in Europe?
• What are the key, high growth markets that Biopreservation Market manufacturers should expand into? Which market segments are growing the fastest?
• What are the unmet needs with the Biopreservation currently on the market? How will emerging technologies fulfil these unmet needs?
• What is Consumer perception and market outlook of Biopreservation?
• What are the challenges and barriers that have hindered widespread adoption of Biopreservation?
Europe Biopreservation Market: Key Players
The major companies in the biopreservation industry are Sigma-Aldrich Corporation, Thermo Fisher Scientific, Inc., BioLife Solutions, Inc., VWR Corporation, BioCision LLC, Taylor-Wharton, Cesca Therapeutics Inc., Lifeline Scientific Inc., So-Low Environmental Equipment Co. and Panasonic Corporation
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