Biopreservation refers to the process of preserving cells, tissues or organs outside of their native environment for extended period of time. It has emerged as an effective preservation technique for long-term storage. Owing to this, biopreservation has become vital for the success of various clinical and commercial applications of the evolving cell-based technologies. Nowadays, it is extensively used for retaining the integrity and functionality of clinical trials material, stem cells, embryos, sperms, eggs, etc. in various research and healthcare institutes. The latest report by IMARC Group, titled “Biopreservation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, finds that the market has witnessed a healthy growth over the past few years, reaching a value of about US$ 2.8 Billion in 2018.
One of the major factors driving the demand for biopreservation is the development of regenerative medicine for treating and controlling various chronic diseases such as heart failure and diabetes, and degenerative conditions affecting the nerves, bones and joints. Apart from this, the growing prevalence of biobanking all across the world is expected to provide a thrust to the market, as biopreservation is used for conserving various bodily fluids and tissues for research purposes. The market growth will also be influenced by the increasing R&D and healthcare spending by various countries, particularly in the developing regions of the world. Owing to these factors, the market is projected to reach a value of US$ 4.8 Billion by 2024, exhibiting a CAGR of 9.8% during 2019-2024.
The report has segmented the market on the basis of product type, including biopreservation equipment and biopreservation media. Currently, biopreservation equipment represents the largest segment. The market has further been segmented by application into biobanking, therapeutic applications and drug discovery. Region-wise, the report covers North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report has further analysed the competitive landscape of the market. Some of the key players include BioLife Solutions, Inc., Thermo Fisher Scientific Inc., VWR International, LLC, Panasonic Corporation and BioCision LLC.
This report provides a deep insight into the global biopreservation market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the biopreservation industry in any manner.
Key Questions Answered in This Report:
- How has the global biopreservation market performed so far and how will it perform in the coming years?
- What are the key regions in the global biopreservation market?
- What are the key application segments in the global biopreservation market?
- Which are the popular product types in the global biopreservation market?
- What are the various stages in the value chain of the global biopreservation market?
- What are the key driving factors and challenges in the global biopreservation market?
- What is the structure of the global biopreservation market and who are the key players?
- What is the degree of competition in the global biopreservation market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Biopreservation Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Product Type
5.4 Market Breakup by Application
5.5 Market Breakup by Region
5.6 Market Forecast
5.7 SWOT Analysis
5.7.1 Overview
5.7.2 Strengths
5.7.3 Weaknesses
5.7.4 Opportunities
5.7.5 Threats
5.8 Value Chain Analysis
5.9 Porters Five Forces Analysis
5.9.1 Overview
5.9.2 Bargaining Power of Buyers
5.9.3 Bargaining Power of Suppliers
5.9.4 Degree of Competition
5.9.5 Threat of New Entrants
5.9.6 Threat of Substitutes
6 Market Breakup by Product Type
6.1 Biopreservation Equipment
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Biopreservation Media
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Application
7.1 Therapeutic Applications
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Biobank Applications
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Drug Discovery Applications
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Region
8.1 North America
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Europe
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Asia Pacific
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Latin America
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Forecast
9 Competitive Landscape
9.1 Market Structure
9.2 Key Players
9.3 Profiles of Key Players
9.3.1 BioLife Solutions, Inc.
9.3.2 Thermo Fisher Scientific Inc.
9.3.3 VWR International, LLC
9.3.4 Panasonic Corporation
9.3.5 BioCision LLC
List of Figures
Figure 1: Global: Biopreservation Market: Major Drivers and Challenges
Figure 2: Global: Biopreservation Market: Sales Value (in Billion US$), 2011-2018
Figure 3: Global: Biopreservation Market: Breakup by Product Type (in %), 2018
Figure 4: Global: Biopreservation Market: Breakup by Application (in %), 2018
Figure 5: Global: Biopreservation Market: Breakup by Region (in %), 2018
Figure 6: Global: Biopreservation Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 7: Global Biopreservation Industry: SWOT Analysis
Figure 8: Global Biopreservation Industry: Value Chain Analysis
Figure 9: Global: Biopreservation Industry: Porter’s Five Forces Analysis
Figure 10: Global: Biopreservation Equipment Market: Sales Value (in Million US$), 2011 & 2018
Figure 11: Global: Biopreservation Equipment Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 12: Global: Biopreservation Media Market: Sales Value (in Million US$), 2011 & 2018
Figure 13: Global: Biopreservation Media Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 14: Global: Biopreservation (Therapeutic Applications) Market: Sales Value (in Million US$), 2011 & 2018
Figure 15: Global: Biopreservation (Therapeutic Applications) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 16: Global: Biopreservation (Biobank Applications) Market: Sales Value (in Million US$), 2011 & 2018
Figure 17: Global: Biopreservation (Biobank Applications) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 18: Global: Biopreservation (Drug Discovery Applications) Market: Sales Value (in Million US$), 2011 & 2018
Figure 19: Global: Biopreservation (Drug Discovery Applications) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 20: North America: Biopreservation Market: Sales Value (in Million US$), 2011 & 2018
Figure 21: North America: Biopreservation Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 22: Europe: Biopreservation Market: Sales Value (in Million US$), 2011 & 2018
Figure 23: Europe: Biopreservation Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 24: Asia Pacific: Biopreservation Market: Sales Value (in Million US$), 2011 & 2018
Figure 25: Asia Pacific: Biopreservation Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 26: Latin America: Biopreservation Market: Sales Value (in Million US$), 2011 & 2018
Figure 27: Latin America: Biopreservation Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 28: Middle East and Africa: Biopreservation Market: Sales Value (in Million US$), 2011 & 2018
Figure 29: Middle East and Africa: Biopreservation Market Forecast: Sales Value (in Million US$), 2019-2024
List of Tables
Table 1: Global: Biopreservation Market: Key Industry Highlights, 2018 and 2024
Table 2: Global: Biopreservation Market Forecast: Breakup by Type (in Million US$), 2019-2024
Table 3: Global: Biopreservation Market Forecast: Breakup by Application (in Million US$), 2019-2024
Table 4: Global: Biopreservation Market Forecast: Breakup by Region (in Million US$), 2019-2024
Table 6: Global: Biopreservation Market: Competitive Structure
Table 7: Global: Biopreservation Market: Key Players