Biopreservation Market Report by Type (Media, Equipment and Laboratory Information Management System (LIMS)), Biospecimen (Human Tissue, Stem Cells, Organs), Application (Therapeutic, Research, Clinical Trials), End User (Hospitals, Biobank) and Geography - Global Market Share, Trend Analysis & Forecast

Cellular treatments are cell and tissue products sourced from organic materials that are utilized as loving drugs. Such a drugs need specific biological support, in particular biopreservation, to keep up optimal recovery, practicality and viability and return to function post-preservation. e. Biopreservation refers to all the practices required to minimize cell death and damage ex vivo, as well as facilitate a return to function post-preservation. In recent years,, key maarket players have centered their endeavors to grow technologically advanced biopreservation product and techniques that help productive capacity and conservation of biological specimens utilized in various kinds of reserach. Accessibility of superior quality, advanced, and simple to deal with biopreservation equipment will flood biopreservation industry development over the estimated timeframe

Biopreservation Market Driving Factors

• Biopreservation market is driven by growing prevalence of chronic diseases such as cardiac, renal diseases, diabetes and obesity etc. As indicated by National Diabetes Statistics Report 2017, around 30 million U.S. population were living with diabetes.
• Scarcity of organ donors for transplantation will boost the regenerative medicine demand which will further boost the demand of biopreservation market growth
•  Increasing R&D investment in drug discovery will positively impact business growth. Surge in the number of bio-banks   to store biological products used in different types of medical research will accelerate the industry growth
• Government initiatives to support stem cell therapies in disease treatment will further drive the market growth. 
•  Growth in the number of bio-banks to store biological products used in various types of medical research will boost the biopresrvation market growth. 

Biopreservation Market Challenging Factors  

•  High cost of advanced techniques
•  Stability issues due to tissue injury during freezing and thawing

Biopreservation Market Segmental Overview

• The major types of biopreservation incorporated in the study are equipment, laboratory information management system (LIMS) and media. Various biopreservation equipment’s includes freezers, refrigerators liquid nitrogen (LN2) Tanks and consumables. The biopreservation media incorporates home-brew media and pre-formulated media. Surging R&D investment coupled with numeroud government initiatives to support gene and cell therapies in treatment of various chronic diseases will boost the demand for biopreservation equipment.
• Human tissue samples, organs, stem cells etc are the kinds of biospecimen used in biopreservation.  Regenerative medicine includes engineering or regenerating human cells, tissues or organs to restore or establish normal functioning. Shortage of organ donors will drive the regenerative medicine market growth.
• Biopreservation market finds application in therapeutic, research and clinical trials among others
• Geographically, the biopreservation market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and rest of the world regions which includes Latin America, and Middle East & Africa
• North America accounted for major market share of biopreservation market and is anticipated to have considerable growth over the estimated timeframe. Rising prevalence of lifestyle disorders such as diabetes, obesity and renal diseases leading to organ damage will augments demand for organ transplantation in this region. 
• As indicated by U.S. Department of Health & Human Services, over 114,000 people were on the national transplant waiting list as of August 2017. This statistics highlights the growing adoption of regenerative medicine in disease treatment thereby should boost the regional growth of the market.

Biopreservation Market Key Player

Thermo Fisher Scientific, inc., Merck KGAA, Avantor, Inc., Thermogenesis Holdings, Inc., Bio-techne Corporation, Biolife Solutions, inc., Exact Sciences Corporation, worthington Industries, Inc., Chart Industries, Inc., Princeton Cryotech, Inc., Biocision, llc., Stemcell Technologies, inc., Helmer Scientific, Inc., Phc Holdings Corporation and Ams Biotechnology (Amsbio) among others