#Stem Cell Banking Market Demand
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Stem Cell Banking Market Size, Share and Report 2025-33
The Stem Cell Banking Market Size is projected to grow significantly between 2025-2033, driven by advancements in regenerative medicine, increasing demand for personalized therapies, and rising awareness of stem cell benefits. This report covers market size, trends, share, and key players, providing insights into future growth opportunities and challenges.
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Biomedical Refrigerator Market: Key Technological Advancements Driving Industry Growth
The biomedical refrigerator market is witnessing substantial changes due to advancements in technology and increasing demand across healthcare and pharmaceutical industries. The demand for specialized refrigeration systems is escalating due to their crucial role in storing vaccines, blood products, and biological samples at precise temperatures. The market’s growth is further fueled by the need for energy-efficient systems, IoT-enabled solutions, and ultra-low temperature (ULT) freezers. Let’s explore the latest developments that are transforming this market and driving future innovations.
1. Technological Advancements and IoT Integration The integration of Internet of Things (IoT) technology in biomedical refrigerators has revolutionized their capabilities. IoT-enabled refrigerators provide real-time monitoring, alerts, and remote access, ensuring that temperature conditions are maintained at optimal levels for sensitive biological materials. This technology minimizes the risk of temperature fluctuations and improves the reliability of storage, particularly for vaccines and blood banks. Furthermore, the real-time monitoring feature reduces the need for manual checks, allowing for faster response times and minimizing human error.
2. Growth in Demand for Ultra-Low Temperature (ULT) Freezers The demand for ultra-low temperature freezers has increased significantly in recent years due to the growing number of biological materials that need to be stored at extremely low temperatures. These include certain vaccines, gene therapy products, and biological research samples. ULT freezers, which can maintain temperatures as low as -80°C, are now a critical component in research laboratories, biotechnology firms, and pharmaceutical companies. The increased use of gene therapies, stem cell research, and personalized medicine has further boosted the need for ULT storage solutions.
3. Increased Focus on Energy Efficiency and Sustainability As energy consumption becomes a focal point in the healthcare industry, there has been a noticeable shift towards energy-efficient biomedical refrigerators. Manufacturers are introducing more sustainable designs and technologies that reduce electricity consumption while maintaining high performance. Innovations such as variable speed compressors, advanced insulation, and energy-efficient motors are making refrigerators more eco-friendly. Additionally, some refrigerators now come with features like low-power consumption modes, contributing to a reduction in overall operational costs and a smaller carbon footprint.
4. Rise in the Demand for Vaccine Storage Solutions The global demand for vaccines, especially during health crises such as the COVID-19 pandemic, has driven significant growth in the biomedical refrigerator market. Vaccines require strict temperature control to remain effective, and the growing number of immunization programs globally is increasing the need for specialized storage. Cold chain solutions, which ensure that vaccines are stored and transported at the required temperatures, are essential to meeting this demand. Manufacturers are developing refrigeration systems that cater specifically to the vaccine storage needs of hospitals, clinics, and research facilities.
5. Expansion of Pharmaceutical and Biotech Industries The rapid growth of the pharmaceutical and biotechnology sectors is creating additional demand for biomedical refrigeration systems. These industries require precise temperature control for the storage of biologics, pharmaceuticals, and research samples. With an increasing number of biologics entering the market, pharmaceutical companies are turning to high-quality refrigerators that ensure long-term storage stability. Biotech companies that are involved in gene therapies, stem cell research, and other cutting-edge technologies are also pushing the demand for more advanced storage solutions.
6. Customization and Advanced Control Systems To meet the unique needs of various industries, manufacturers of biomedical refrigerators are offering customized solutions with advanced control systems. These refrigerators are tailored to provide specific temperature ranges and can be configured for multi-compartment use, allowing users to store different types of biological materials under various conditions. Additionally, many systems now feature intelligent controllers, which adjust the temperature and humidity based on the items being stored. This customization ensures that the specific requirements for different biological materials are met, improving the overall quality and effectiveness of storage.
7. Emergence of Smart and Connected Systems In line with the growing trend of digital transformation, many biomedical refrigerators are now incorporating smart features. These include remote access, cloud-based monitoring, and predictive maintenance features. By connecting to cloud platforms, these refrigerators can send automatic alerts and warnings to users when temperature fluctuations or other issues occur, allowing for immediate corrective action. These systems can also track historical temperature data and trends, which is essential for compliance with regulatory standards and audits.
8. Market Expansion in Emerging Economies The biomedical refrigerator market is experiencing rapid growth in emerging economies due to expanding healthcare infrastructure and increasing awareness of the importance of temperature-controlled storage. Countries in Asia-Pacific, Latin America, and the Middle East are making significant investments in healthcare facilities, hospitals, and research laboratories, creating opportunities for the adoption of advanced refrigeration systems. As these regions continue to develop, demand for high-quality biomedical refrigerators will rise, particularly in the pharmaceutical and vaccine distribution sectors.
9. Regulatory Compliance and Quality Standards Regulatory bodies such as the World Health Organization (WHO), the U.S. Food and Drug Administration (FDA), and the European Medicines Agency (EMA) have established strict guidelines for the storage and transportation of temperature-sensitive materials. These regulations have prompted manufacturers to design refrigerators that comply with the highest quality standards. Biomedical refrigerators now come with features such as tamper-proof seals, precise temperature monitoring, and alarm systems to ensure that they meet regulatory requirements and maintain the integrity of the stored products.
10. Strategic Mergers and Acquisitions To stay competitive in the rapidly evolving biomedical refrigerator market, many leading players are pursuing strategic mergers and acquisitions. These collaborations allow companies to expand their product offerings, enter new markets, and leverage cutting-edge technologies. Mergers and acquisitions also help companies increase their research and development capabilities, enabling them to innovate and develop new solutions that cater to the growing needs of the healthcare and biotechnology sectors.
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Cord Blood Banking Services Market
Cord Blood Banking Services Market Size, Share, Trends: Cord Blood Registry (CBR) Systems Leads
Growing Demand for Regenerative Medicine Fuels Market Expansion
Market Overview:
The global Cord Blood Banking Services Market is projected to grow significantly from 2024 to 2031. North America currently dominates the market, followed by Europe and Asia-Pacific. Key metrics include increasing awareness about stem cell therapies, rising prevalence of chronic diseases, and growing investments in regenerative medicine research. The market is constantly growing due to advancements in cord blood processing and storage technologies, increased applications of cord blood stem cells in many therapeutic disciplines, and higher parental knowledge of the potential benefits of cord blood banking. The increase of cord blood transplantation operations, together with ongoing research into new applications for cord blood stem cells, is driving market growth.
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Market Trends:
The cord blood banking business is witnessing a substantial shift towards hybrid banking models that incorporate components of both commercial and public banking. This practice is gaining traction because it strikes a compromise between private and public storage of cord blood units. Hybrid versions enable families to keep their child's cord blood for personal use while also making a part available for public use or research. This strategy overcomes ethical issues about private banking while increasing the availability of cord blood units for public use. Many cord blood banks are gradually introducing hybrid solutions to meet a greater range of client requests and ethical concerns.
Market Segmentation:
Private cord blood banking services are the industry's largest section, accounting for more than 60% of the total. This dominance can be ascribed to parents' growing awareness of the potential long-term health benefits of preserving their child's cord blood. Private banking provides exclusive access to banked cord blood units for personal or family purposes, which is one of the primary reasons for its appeal. Recent developments in private cord blood banking include enhanced processing and storage processes, which boost the viability and possible applications of banked cord blood.
Market Key Players:
Prominent players in the Cord Blood Banking Services Market include Cord Blood Registry (CBR) Systems, Cryo-Cell International, ViaCord, Cordlife Group Limited, Cryo-Save AG, LifeCell International Pvt. Ltd., StemCyte, Global Cord Blood Corporation, Smart Cells International Ltd., and Vita 34 AG. These companies are at the forefront of the industry, continuously innovating and expanding their product portfolios to meet the evolving market demands. Their strategic initiatives and robust distribution networks have enabled them to maintain a strong market presence and drive growth.
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The Umbilical Cord Blood Banking Market is projected to expand from USD 5,710 million in 2024 to approximately USD 12,239.89 million by 2032, at a compound annual growth rate (CAGR) of 10%.The umbilical cord blood banking market has emerged as a significant segment within the healthcare industry, driven by the increasing awareness of the therapeutic potential of cord blood stem cells. Cord blood, rich in hematopoietic stem cells, has become a valuable resource for treating various life-threatening diseases, including leukemia, lymphoma, and genetic disorders. This article explores the growth, trends, and opportunities in the global umbilical cord blood banking market.
Browse the full report https://www.credenceresearch.com/report/umbilical-cord-blood-banking-market
Market Overview
Umbilical cord blood banking involves collecting, processing, and storing the blood from a newborn's umbilical cord and placenta. This blood is preserved in public or private cord blood banks for potential future medical use. The market has been growing steadily due to advancements in biotechnology, increased public awareness, and the rising prevalence of chronic diseases treatable with stem cell therapy.
According to industry reports, the global cord blood banking market was valued at approximately $XX billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of XX% from 2024 to 2030. This growth is attributed to the increasing applications of stem cell therapy, government support for regenerative medicine, and technological innovations in banking processes.
Key Market Drivers
1. Expanding Applications of Stem Cell Therapy
Cord blood stem cells are used in over 80 approved medical treatments, including blood cancers, immune deficiencies, and metabolic disorders. Researchers are exploring their potential for treating conditions like cerebral palsy, autism, and diabetes, further driving demand for cord blood banking.
2. Rising Awareness and Education Campaigns
Healthcare providers and public health campaigns have played a crucial role in educating expectant parents about the benefits of cord blood banking. Organizations and governments worldwide are promoting the importance of preserving cord blood for future medical use.
3. Advances in Cryopreservation Technology
Technological advancements have improved the efficiency and reliability of cord blood storage. Modern cryopreservation techniques ensure the viability of stem cells for decades, enhancing the appeal of cord blood banking.
4. Supportive Regulatory Frameworks
Governments in several countries have introduced supportive regulations and funding for cord blood banking initiatives. Public banks, in particular, benefit from these policies, as they contribute to national and international stem cell registries.
Challenges Facing the Market
Despite its promise, the cord blood banking market faces several challenges:
High Costs: The initial collection and storage fees for private cord blood banking can deter many families, especially in low- and middle-income countries.
Limited Awareness in Developing Regions: While awareness is growing in developed countries, many parts of the world remain uninformed about the benefits of cord blood banking.
Ethical Concerns: The use of cord blood in medical treatments raises ethical and religious concerns in certain communities.
Future Outlook
The umbilical cord blood banking market holds immense potential, with opportunities arising from emerging markets, increasing R&D investments, and the expansion of public cord blood banks. The growing interest in personalized medicine and advancements in regenerative therapies are expected to propel the market further.
Key Player Analysis:
Caladrius Biosciences
Cord Blood America, Inc.
Cordlife Group Limited
American Type Culture Collection (ATCC)
Cord Blood Registry (CBR)
China Cord Blood Corporation
Smart Cells International
Esperite N.V.
ViaCord, LLC
Cryo-Cell International, Inc.
Segmentations:
By Storage Option
Public UCB banks
Private UCB banks
By Application
Leukemia
Bone marrow failure syndrome
Metabolic disorder
Lymphoma
Immune deficiencies
By Service Type
Sample Preservation & Storage
Sample Analysis
Sample Processing
Sample Collection & Transportation
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
South-east Asia
Rest of Asia Pacific
Latin America
Brazil
Argentina
Rest of Latin America
Middle East & Africa
GCC Countries
South Africa
Rest of the Middle East and Africa
Browse the full report https://www.credenceresearch.com/report/umbilical-cord-blood-banking-market
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Credence Research
Please contact us at +91 6232 49 3207
Email: [email protected]
Website: www.credenceresearch.com
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𝐓𝐡𝐞 𝐅𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐒𝐭𝐞𝐦 𝐂𝐞𝐥𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 (𝐋𝐚𝐭𝐞𝐬𝐭 𝐏𝐃𝐅)-IndustryARC™
The Stem Cell Market refers to the global industry focused on the research, development, production, and commercialization of products and therapies derived from stem cells. This market encompasses a wide range of applications, from regenerative medicine and drug discovery to tissue engineering and disease modeling. Stem cells are unique because they can develop into various specialized cell types and are capable of self-renewal, making them highly valuable in medical research and treatment.
🔗 𝑫𝒐𝒘𝒏𝒍𝒐𝒂𝒅 𝑺𝒂𝒎𝒑𝒍𝒆 𝑹𝒆𝒑𝒐𝒓𝒕
𝐊𝐞𝐲 𝐂𝐨𝐦𝐩𝐨𝐧𝐞𝐧𝐭𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐒𝐭𝐞𝐦 𝐂𝐞𝐥𝐥 𝐌𝐚𝐫𝐤𝐞𝐭:
𝐓𝐲𝐩𝐞𝐬 𝐨𝐟 𝐒𝐭𝐞𝐦 𝐂𝐞𝐥𝐥𝐬:
Embryonic Stem Cells (ESCs): Derived from early-stage embryos and can differentiate into any cell type.
Adult Stem Cells: Found in specific tissues, such as bone marrow or adipose tissue, with a more limited differentiation potential.
Induced Pluripotent Stem Cells (iPSCs): Adult cells reprogrammed to behave like embryonic stem cells.
Hematopoietic Stem Cells (HSCs): Found in bone marrow and used in treatments for blood disorders.
Mesenchymal Stem Cells (MSCs): Found in bone marrow, fat, and other tissues, used in regenerative therapies.
𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬:
Regenerative Medicine: Repairing or replacing damaged tissues and organs.
Drug Discovery and Testing: Using stem cells to model diseases and test drug efficacy.
Cancer Treatment: Stem cell transplants for blood cancers like leukemia.
Neurological Disorders: Potential therapies for conditions like Parkinson's or spinal cord injuries.
Tissue Engineering: Development of bioengineered tissues and organs.
Products and Services:
Stem cell therapies and transplants.
Research products, including reagents, kits, and culture systems.
Equipment for stem cell isolation, expansion, and storage.
Banking services for storing stem cells (e.g., cord blood banking).
𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐫𝐢𝐯𝐞𝐫𝐬:
Growing prevalence of chronic and degenerative diseases.
Advancements in stem cell research and technology.
Increased funding from governments and private sectors.
Rising demand for personalized medicine.
𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬:
Ethical concerns, particularly with embryonic stem cells.
High costs of research and therapies.
Regulatory hurdles and standards.
Limited awareness in developing regions.
#StemCells#RegenerativeMedicine#Biotech#Healthcare#MedicalResearch#iPSCs#MSC#ESCs#HematopoieticStemCells#StemCellTherapy#TissueEngineering#DrugDiscovery#PersonalizedMedicine#NeurologicalDisorders#CellTherapies
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Introduction to Cell Therapy: Principles and Applications
The global Stem Cell Therapy Market is expected to reach USD 3,693.6 Million by 2027, according to a new report by Emergen Research. The stem cell therapy market is experiencing increased demand due to the rise in the number of clinical trials all over the world. Stem cells are applicable to the development of regenerative medicine, commonly used in the field of dermatology. However, the demand for stem cell applications in the oncology segment will witness the highest growth due to several pipeline projects present for the treatment of cancer or tumors.
The recent advancements in the Stem Cell Therapy industry and trends driving the growth of the market. It is an investigative study covering analysis of market drivers, restraints, challenges, threats, and growth prospects in the global Stem Cell Therapy market. The global Stem Cell Therapy market report is a methodical research of the Stem Cell Therapy market done by extensive primary and secondary research. The fundamental purpose of the Stem Cell Therapy market report is to offer an accurate and strategic analysis of the Stem Cell Therapy business sphere.
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Competitive Terrain:
The global Stem Cell Therapy industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The leading market contenders listed in the report are:
Celgene Corporation, Virgin Health Bank,, ReNeuron Group plc, Biovault Family, Mesoblast Ltd., Precious Cells International Ltd., Caladrius, Opexa Therapeutics, Inc., Neuralstem, Inc., Pluristem
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Stem Cell Therapy market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Competitive Outlook: The leading companies operating in the Stem Cell Therapy market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Stem Cell Therapy market.
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Market Segmentations of the Stem Cell Therapy Market
This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Stem Cell Therapy market on the basis of product, application, and region:
Segments Covered in this report are:
Type Outlook (Revenue, USD Million; 2017-2027)
Allogeneic Stem Cell Therapy
Autologous Stem Cell Therapy
Application Outlook (Revenue, USD Million; 2017-2027)
Regenerative Medicine
Orthopedics
Neurology
Hematology stem cells
Soft tissue injuries
Cardiovascular and myocardial infarction-based
Oncology
Diabetes
Liver Disorder
Others
Drug discovery & development
End-User Outlook (Revenue, USD Million; 2017-2027)
Clinics
Hospitals
Others
Browse Full Report Description + Research Methodology + Table of Content + Infographics@ https://www.emergenresearch.com/industry-report/stem-cell-therapy-market
Major Geographies Analyzed in the Report:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type applications
Chapter 9: Current and Future Trends
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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Biopreservation Industry Research Report 2030 by Key Growth Drivers, Leading Players Review
The global biopreservation market, valued at USD 2.18 billion in 2022, is poised for significant growth, with an anticipated compound annual growth rate (CAGR) of 28.30% from 2023 to 2030. Biopreservation techniques are widely adopted in hospitals, laboratories, and research institutions for preserving biological specimens such as stem cells, tissues, DNA, and organs. These techniques ensure the longevity and functionality of samples, enabling advancements in medical research and treatment. The market benefits from substantial funding by government bodies and private organizations. These funds facilitate research and development (R&D) activities and drive advancements in biopreservation technologies.
The growing focus on life sciences research and clinical studies has led to innovations in preservation technologies. Companies like BioLife Solutions are expanding their portfolios. In April 2021, BioLife launched a high-capacity controlled freezer tailored for the cell and gene therapy market, addressing the growing demand in this segment. Innovative solutions are reducing the complexity and costs associated with biopreservation. The introduction of multiplex cellular imaging platforms enables better analysis of disease progression, paving the way for tailored diagnostics and treatments in areas like cardiology, gynecology, and point-of-care applications.
The global biopreservation market is on a robust growth trajectory, fueled by advancements in technology, increased funding, and rising demand for biologics and biospecimens. While North America leads the market due to its advanced infrastructure and strong research ecosystem, Asia Pacific is emerging as a dynamic region with rapid adoption of biopreservation techniques. Strategic initiatives by key players and government support are expected to further drive the market’s expansion, positioning biopreservation as a critical component in the future of healthcare and life sciences.
Gather more insights about the market drivers, restrains and growth of the Biopreservation Market
Regional Insights:
North America Biopreservation Market Trends
North America accounted for 45.00% of global revenue in 2022, driven by advanced biomedical research and innovative therapies.
Key Growth Factors:
High prevalence of chronic diseases requiring biopreservation for treatment.
Strong support from organizations like the National Institutes of Health (NIH) and National Cancer Institute (NCI).
Biobanks in the U.S. play a pivotal role in supporting research and clinical trials, further boosting demand for biopreservation technologies.
Asia Pacific Biopreservation Market Trends
Asia Pacific is projected to grow at a CAGR of 30.47% over the forecast period.
Key Drivers:
Rising funding for bio-banking techniques.
Increasing collaborations and partnerships to develop advanced biopreservation services.
Governments in this region are actively investing in R&D and promoting public-private partnerships to bolster the adoption of biopreservation.
Browse through Grand View Research's Category Biotechnology Industry Research Reports.
The global automated and closed cell therapy processing systems market size was valued at USD 1.41 billion in 2024 and is projected to grow at a CAGR of 19.8% from 2025 to 2030.
The global cell culture media storage containers market size was estimated at USD 2.11 billion in 2024 and is projected to witness a CAGR of 12.55% from 2025 to 2030.
Key Companies & Market Share Insights:
The biopreservation market is highly competitive, with major players focusing on strategic initiatives to maintain their market positions. Common strategies include:
Geographical Expansion: Companies are entering untapped markets to capitalize on growth opportunities.
Partnerships and Collaborations: Key players are joining forces with research institutions and governments to expand their services.
In January 2023, the Hamad Medical Corporation and Qatar BioBank launched a new tissue biobank service. This initiative provides researchers with access to high-quality tissue samples, highlighting the growing importance of biobanks in advancing medical research.
Key Biopreservation Companies:
Azenta US, Inc.
Biomatrica, Inc.
BioLife Solutions
MVE Biological Solutions
LabVantage Solutions, Inc.
Taylor-Wharton.
Thermo Fisher Scientific, Inc.
Panasonic Corporation
X-Therma Inc.
Stirling Ultracold
Order a free sample PDF of the Biopreservation Market Intelligence Study, published by Grand View Research.
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Biopreservation Industry 2030 Trends, Growth, Revenue, Outlook and Future Estimation
The global biopreservation market, valued at USD 2.18 billion in 2022, is poised for significant growth, with an anticipated compound annual growth rate (CAGR) of 28.30% from 2023 to 2030. Biopreservation techniques are widely adopted in hospitals, laboratories, and research institutions for preserving biological specimens such as stem cells, tissues, DNA, and organs. These techniques ensure the longevity and functionality of samples, enabling advancements in medical research and treatment. The market benefits from substantial funding by government bodies and private organizations. These funds facilitate research and development (R&D) activities and drive advancements in biopreservation technologies.
The growing focus on life sciences research and clinical studies has led to innovations in preservation technologies. Companies like BioLife Solutions are expanding their portfolios. In April 2021, BioLife launched a high-capacity controlled freezer tailored for the cell and gene therapy market, addressing the growing demand in this segment. Innovative solutions are reducing the complexity and costs associated with biopreservation. The introduction of multiplex cellular imaging platforms enables better analysis of disease progression, paving the way for tailored diagnostics and treatments in areas like cardiology, gynecology, and point-of-care applications.
The global biopreservation market is on a robust growth trajectory, fueled by advancements in technology, increased funding, and rising demand for biologics and biospecimens. While North America leads the market due to its advanced infrastructure and strong research ecosystem, Asia Pacific is emerging as a dynamic region with rapid adoption of biopreservation techniques. Strategic initiatives by key players and government support are expected to further drive the market’s expansion, positioning biopreservation as a critical component in the future of healthcare and life sciences.
Gather more insights about the market drivers, restrains and growth of the Biopreservation Market
Regional Insights:
North America Biopreservation Market Trends
North America accounted for 45.00% of global revenue in 2022, driven by advanced biomedical research and innovative therapies.
Key Growth Factors:
High prevalence of chronic diseases requiring biopreservation for treatment.
Strong support from organizations like the National Institutes of Health (NIH) and National Cancer Institute (NCI).
Biobanks in the U.S. play a pivotal role in supporting research and clinical trials, further boosting demand for biopreservation technologies.
Asia Pacific Biopreservation Market Trends
Asia Pacific is projected to grow at a CAGR of 30.47% over the forecast period.
Key Drivers:
Rising funding for bio-banking techniques.
Increasing collaborations and partnerships to develop advanced biopreservation services.
Governments in this region are actively investing in R&D and promoting public-private partnerships to bolster the adoption of biopreservation.
Browse through Grand View Research's Category Biotechnology Industry Research Reports.
The global automated and closed cell therapy processing systems market size was valued at USD 1.41 billion in 2024 and is projected to grow at a CAGR of 19.8% from 2025 to 2030.
The global cell culture media storage containers market size was estimated at USD 2.11 billion in 2024 and is projected to witness a CAGR of 12.55% from 2025 to 2030.
Key Companies & Market Share Insights:
The biopreservation market is highly competitive, with major players focusing on strategic initiatives to maintain their market positions. Common strategies include:
Geographical Expansion: Companies are entering untapped markets to capitalize on growth opportunities.
Partnerships and Collaborations: Key players are joining forces with research institutions and governments to expand their services.
In January 2023, the Hamad Medical Corporation and Qatar BioBank launched a new tissue biobank service. This initiative provides researchers with access to high-quality tissue samples, highlighting the growing importance of biobanks in advancing medical research.
Key Biopreservation Companies:
Azenta US, Inc.
Biomatrica, Inc.
BioLife Solutions
MVE Biological Solutions
LabVantage Solutions, Inc.
Taylor-Wharton.
Thermo Fisher Scientific, Inc.
Panasonic Corporation
X-Therma Inc.
Stirling Ultracold
Order a free sample PDF of the Biopreservation Market Intelligence Study, published by Grand View Research.
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Biopreservation Market Revenue, Share and Growth Rate to 2030
The global biopreservation market was valued at USD 2.18 billion in 2022, and it is expected to grow at an impressive compound annual growth rate (CAGR) of 28.30% from 2023 to 2030. This growth is driven by various factors, including extensive applications in healthcare settings like hospitals and laboratories, increased funding from both government and private entities, and advancements in research and development, particularly in the development of new products. For instance, BioLife Solutions introduced a new high-capacity controlled freezer in April 2021, aimed at supporting the cell and gene therapy sector. This addition helped the company expand its product range within biopreservation. The COVID-19 pandemic initially posed challenges for the industry, with disruptions in supply chains, shortages of raw materials, and slowdowns in research activities. However, it also accelerated interest and investment in biologics and vaccine technologies, which ultimately increased the demand for biopreservation solutions, especially for biologics manufacturing and preservation.
Biopreservation is a technique that enables the maintenance of biological materials such as stem cells, DNA, tissues, and organs under controlled temperatures, extending their viability outside their natural environment. Advances in technology, including microarrays, hybrid predictive models, and various API algorithms, are helping to streamline the biopreservation process by reducing its time, cost, and complexity. Additionally, the development of multiplex cellular imaging platforms is expected to boost biopreservation capabilities, especially in supporting disease research. These imaging platforms allow for better analysis of disease progression and facilitate targeted diagnostic and treatment strategies, benefiting fields like cardiology, gynecology, and point-of-care medicine.
Gather more insights about the market drivers, restrains and growth of the Biopreservation Market
Demand for biopreservation has significantly increased in the research and development of biologics across various sectors, including immunotherapy, vaccine production, antibody development, enzyme technology, and bio-manufacturing of chemicals. This surge is partially due to the rising global prevalence of chronic diseases. For example, according to the Centers for Disease Control and Prevention (CDC), cardiovascular diseases and cancer remain among the leading causes of mortality in adults in the United States.
In addition, government and private investments in research and development have spurred significant advancements in the market. There is growing demand for preserving stem cells and creating new biological treatments and products, which has attracted considerable attention and funding from investors. The substantial healthcare spending in this sector is likely to fuel the market's growth in the coming years.
However, the expanding biopreservation market faces some challenges. Key issues include a shortage of skilled professionals, high costs for training, and limited standardization in cybersecurity measures for biopreservation software. These factors may pose risks to market growth by adding complexity and increasing costs for companies operating in this space.
Application Segmentation Insights:
In terms of applications, the biobanking segment held a significant portion of the global market, accounting for 70.65% in 2022. The increasing awareness of stem cell preservation, rising acceptance of sperm and egg banking, and the use of assisted reproductive technologies in animals have all contributed to the segment’s growth. Many pharmaceutical companies are now collaborating with biobanks and hospitals for tissue and biological sample preservation.
The regenerative medicine segment is expected to grow at a higher CAGR of 29.68% during the forecast period, driven by a strong demand for advanced bio-storage techniques. Innovations in specific preservation techniques are likely to further boost growth in this segment over the coming years.
Order a free sample PDF of the Biopreservation Market Intelligence Study, published by Grand View Research.
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Cell Separation Technologies in the U.S.: Market Dynamics and Regional Insights
The U.S. cell separation market size was estimated at USD 3.30 billion in 2023 and is expected to grow CAGR of 7.7% from 2024 to 2030. Cell separation plays a crucial role in different applications such as in-vitro diagnostics, biologics designing and development, therapeutic protein production, and other research applications.
Increasing prevalence of chronic diseases, such as cancer, and extensive R&D activities by key companies to develop novel cell & gene therapies are expected to fuel the demand for cell separation solutions. As per the American Cancer Society’s estimates, in 2021, around 1.9 million new cases of cancer were estimated to be diagnosed in the U.S., with over 608,570 cancer-related deaths. Biologics is recognized as the fourth major method to treat cancer efficiently.
Furthermore, biologics play a key role in the development of precision medicines. The U.S. has seen significant growth in biologics in recent years. It has exported 6,355 patents to China, 11,742 to Japan, and 72 to Germany over the past three decades. As a result, around 15 new biologics were approved by the U.S. FDA in 2022, including cancer therapeutics such as Kimmtrak, Opdualag, and Imjudo.
In 2023, the U.S. cell separation market accounted for over 36% of the global cell separation market. The presence of major companies such as Thermo Fisher Scientific, BD, & Danaher in the country and their strategic initiatives are anticipated to fuel the market growth. For instance, in February 2021, Thermo Fisher Scientific acquired cell sorting assets from Propel Labs. As per the deal, the company added a new Bigfoot Spectral Cell Sorter of Propel Labs to its capabilities.
U.S. Cell Separation Market Report Highlights
Consumables antibodies held the largest share of 60.2% in 2023 and this is also expected to witness the fastest growth rate over the forecast period. T
Animal cells held the largest market share of 52.4% in 2023. Drug discovery and development involve the use of animal cells to examine preliminary toxicity, efficacy, and pharmacokinetics of new drug molecules.
Centrifugation held the largest market share of 40.6% in 2023. Cell separation often involves the use of differential centrifugation and density gradient centrifugation.
Biotechnology and biopharmaceutical companies occupied the largest revenue share of 42.1% in 2023. The segment is also expected to exhibit the fastest growth rate during the forecast period.
U.S. Cell Separation Market Report Segmentation
This report forecasts revenue growth at the country level and analyzes the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the U.S. cell separation market report based on product, cell type, technique, application, and end-use.
Product Outlook (Revenue, USD Million, 2018 - 2030)
Consumables
Reagents, Kits, Media, and Sera
Beads
Disposables
Instruments
Centrifuges
Flow Cytometers
Filtration Systems
Magnetic-activated Cell Separator Systems
Cell Type Outlook (Revenue, USD Million, 2018 - 2030)
Human Cells
Animal Cells
Technique Outlook (Revenue, USD Million, 2018 - 2030)
Centrifugation
Surface Marker
Filtration
Application Outlook (Revenue, USD Million, 2018 - 2030)
Biomolecule Isolation
Cancer Research
Stem Cell Research
Tissue Regeneration
In Vitro Diagnostics
Therapeutics
End-use Outlook (Revenue, USD Million, 2018 - 2030)
Research Laboratories and Institutes
Biotechnology and Biopharmaceutical Companies
Hospitals and Diagnostic Laboratories
Cell Banks
Order a free sample PDF of the U.S. Cell Separation Market Intelligence Study, published by Grand View Research.
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Biopreservation Market Competitive Landscape and Industry Analysis 2030
The global biopreservation market was valued at USD 2.18 billion in 2022, and it is expected to grow at an impressive compound annual growth rate (CAGR) of 28.30% from 2023 to 2030. This growth is driven by various factors, including extensive applications in healthcare settings like hospitals and laboratories, increased funding from both government and private entities, and advancements in research and development, particularly in the development of new products. For instance, BioLife Solutions introduced a new high-capacity controlled freezer in April 2021, aimed at supporting the cell and gene therapy sector. This addition helped the company expand its product range within biopreservation. The COVID-19 pandemic initially posed challenges for the industry, with disruptions in supply chains, shortages of raw materials, and slowdowns in research activities. However, it also accelerated interest and investment in biologics and vaccine technologies, which ultimately increased the demand for biopreservation solutions, especially for biologics manufacturing and preservation.
Biopreservation is a technique that enables the maintenance of biological materials such as stem cells, DNA, tissues, and organs under controlled temperatures, extending their viability outside their natural environment. Advances in technology, including microarrays, hybrid predictive models, and various API algorithms, are helping to streamline the biopreservation process by reducing its time, cost, and complexity. Additionally, the development of multiplex cellular imaging platforms is expected to boost biopreservation capabilities, especially in supporting disease research. These imaging platforms allow for better analysis of disease progression and facilitate targeted diagnostic and treatment strategies, benefiting fields like cardiology, gynecology, and point-of-care medicine.
Gather more insights about the market drivers, restrains and growth of the Biopreservation Market
Demand for biopreservation has significantly increased in the research and development of biologics across various sectors, including immunotherapy, vaccine production, antibody development, enzyme technology, and bio-manufacturing of chemicals. This surge is partially due to the rising global prevalence of chronic diseases. For example, according to the Centers for Disease Control and Prevention (CDC), cardiovascular diseases and cancer remain among the leading causes of mortality in adults in the United States.
In addition, government and private investments in research and development have spurred significant advancements in the market. There is growing demand for preserving stem cells and creating new biological treatments and products, which has attracted considerable attention and funding from investors. The substantial healthcare spending in this sector is likely to fuel the market's growth in the coming years.
However, the expanding biopreservation market faces some challenges. Key issues include a shortage of skilled professionals, high costs for training, and limited standardization in cybersecurity measures for biopreservation software. These factors may pose risks to market growth by adding complexity and increasing costs for companies operating in this space.
Application Segmentation Insights:
In terms of applications, the biobanking segment held a significant portion of the global market, accounting for 70.65% in 2022. The increasing awareness of stem cell preservation, rising acceptance of sperm and egg banking, and the use of assisted reproductive technologies in animals have all contributed to the segment’s growth. Many pharmaceutical companies are now collaborating with biobanks and hospitals for tissue and biological sample preservation.
The regenerative medicine segment is expected to grow at a higher CAGR of 29.68% during the forecast period, driven by a strong demand for advanced bio-storage techniques. Innovations in specific preservation techniques are likely to further boost growth in this segment over the coming years.
Order a free sample PDF of the Biopreservation Market Intelligence Study, published by Grand View Research.
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Thawing Equipment Market Size, Share, Trends, Growth Opportunities and Competitive Outlook
"Global Thawing Equipment Market – Industry Trends and Forecast to 2029
Global Thawing Equipment Market, By Product (Manual, Automatic), Sample (Blood Products, Ovum/Embryo, Semen, Human Tissue Samples, Organs, Stem Cells, Other), End User (Blood Banks and Transfusion Centers, Hospitals, Research Laboratories, Pharmaceutical Industry, Biobanks, Gene Banks), Application (Therapeutic Applications, Research Applications, Clinical Trials, Other Applications) – Industry Trends and Forecast to 2029.
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**Segments**
- **Material Type:** - Based on material type, the wicketed bags market can be segmented into polyethylene (PE), polypropylene (PP), polyethylene terephthalate (PET), biodegradable materials, and others. Among these, polyethylene bags are expected to dominate the market due to their cost-effectiveness and versatility in various applications.
- **Closure Type:** - The closure type segment includes options such as resealable zipper closures, heat seal closures, adhesive closures, and others. Resealable zipper closures are gaining popularity due to their convenience and ability to keep the contents fresh for longer durations.
- **End-Use Industry:** - This segment categorizes the wicketed bags market based on end-use industries like food packaging, pharmaceuticals, personal care and cosmetics, industrial, retail, and others. The food packaging industry is anticipated to hold a significant share owing to the increasing demand for convenient and sustainable packaging solutions.
**Market Players**
- **Amcor plc:** - Amcor is a key player in the wicketed bags market, offering a wide range of packaging solutions that cater to various industries. The company focuses on innovation and sustainability to meet the evolving needs of customers.
- **Bemis Company, Inc.:** - Bemis Company is another prominent player known for its advanced packaging technologies, including wicketed bags. The company's strong market presence and focus on product quality have solidified its position in the industry.
- **Berry Global, Inc.:** - Berry Global is a leading manufacturer of wicketed bags, providing customizable packaging solutions to meet specific requirements. The company's robust supply chain and global reach make it a reliable partner for customers worldwide.
- **Mondi plc:** - Mondi is a well-known name in the packaging industry, offering innovative wicketed bag solutions that prioritize sustainability and efficiency. With a strongThe wicketed bags market is witnessing significant growth and evolution driven by various segmentation factors. Material type segmentation plays a crucial role in determining the market landscape. The dominance of polyethylene (PE) bags is primarily attributed to their cost-effectiveness and versatility across different applications. Polypropylene (PP) and polyethylene terephthalate (PET) bags also offer unique advantages, but the eco-friendly trend is fueling the demand for biodegradable materials in wicketed bags. As sustainability becomes a key focus for many industries, the market is likely to witness a shift towards biodegradable options in the coming years.
Closure type segmentation further enhances the customization and functionality of wicketed bags. Resealable zipper closures have gained popularity due to their convenience and ability to maintain product freshness over extended periods. Heat seal closures and adhesive closures also play significant roles in meeting specific requirements of different industries. The choice of closure type can impact consumer convenience, product protection, and overall user experience, making it a crucial element in the wicketed bags market segmentation.
The end-use industry segment categorizes the wicketed bags market based on the applications across various sectors. The food packaging industry is poised to be a key driver of the market growth due to the rising demand for convenient and sustainable packaging solutions. With consumers placing increasing emphasis on convenience and eco-friendliness, wicketed bags offer a practical solution for food packaging companies looking to align with these preferences. Additionally, the pharmaceutical, personal care and cosmetics, industrial, retail, and other industries also contribute to the diverse applications of wicketed bags, showcasing the market's versatility and adaptability to different market demands.
Market players such as Amcor plc, Bemis Company, Inc., Berry Global, Inc., and Mondi plc are key contributors to the growth and innovation in the wicketed bags market. These companies bring a wealth of experience, technological expertise, and a strong focus on sustainability to the table, catering to the**Global Thawing Equipment Market**
- **Product:** - The thawing equipment market is segmented based on product types into manual and automatic thawing equipment. Both manual and automatic thawing equipment play a crucial role in various industries such as blood banks, hospitals, research laboratories, and the pharmaceutical industry, catering to different needs and requirements.
- **Sample:** - The sample segment categorizes the thawing equipment market based on the types of samples being thawed. This includes blood products, ovum/embryo, semen, human tissue samples, organs, stem cells, and other sample types. Each sample category requires specific thawing conditions and protocols, driving the demand for specialized thawing equipment in the market.
- **End User:** - The end-user segment of the thawing equipment market entails blood banks and transfusion centers, hospitals, research laboratories, the pharmaceutical industry, biobanks, and gene banks. Each end user has unique thawing needs based on the samples being handled, highlighting the importance of tailor-made thawing equipment solutions for different applications.
- **Application:** - The application segment further refines the market by categorizing the use of thawing equipment into therapeutic applications, research applications, clinical trials, and other applications. Thawing equipment plays a critical role in ensuring the integrity and viability of samples for various applications, making it a key component in the healthcare and research sectors.
The global thawing equipment market is witnessing significant growth and
Countries Studied:
North America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
Objectives of the Report
To carefully analyze and forecast the size of the Thawing Equipment market by value and volume.
To estimate the market shares of major segments of the Thawing Equipment
To showcase the development of the Thawing Equipment market in different parts of the world.
To analyze and study micro-markets in terms of their contributions to the Thawing Equipment market, their prospects, and individual growth trends.
To offer precise and useful details about factors affecting the growth of the Thawing Equipment
To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Thawing Equipment market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
Key questions answered
How feasible is Thawing Equipment Market for long-term investment?
What are influencing factors driving the demand for Thawing Equipment near future?
What is the impact analysis of various factors in the Global Thawing Equipment market growth?
What are the recent trends in the regional market and how successful they are?
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Biopreservation Market by Regions, Type & Applications During 2023-2030
Biopreservation Market Size & Trends
The global biopreservation market size was valued at USD 2.18 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 28.30% from 2023 to 2030.
Biopreservation is experiencing growth due to various factors such as extensive usage in hospitals and labs, rising funding assistance from government and private partners in healthcare, an upsurge in research & development, and growing advancement in terms of product development. For example, in April 2021, BioLife Solutions launched a new high-capacity controlled freezer to cater to the cell and gene therapy market, which helped the company expand its existing product portfolio. The market experienced a major hindrance during the COVID-19 pandemic with supply chain issues, unavailability of raw materials, and hindrances in research activities among other reasons. However, the pandemic also accelerated the growth of novel biologics, and vaccine technologies. Due to these factors, opportunities for biologics manufacturing and preservation are anticipated to increase, thus generating further demand for biopreservation.
Gather more insights about the market drivers, restrains and growth of the Biopreservation Market
Biopreservation is a process that helps maintain the integrity and functionality of biological products such as stem cells, DNA, tissues, and organs under different temperatures, thereby prolonging their lifespan outside their natural environment. Technology innovations include microarrays or incorporation of a wide range of predictive models, such as hybrid models, and various API algorithms which help reduce the time, cost and complexity of the overall process. Furthermore, the advent of multiplex cellular imaging platforms is anticipated to enhance the biopreservation ability to help understand disease progression and suggest suitable diagnostic & treatment measures to follow, specifically for cardiology, gynecology, and point-of-care applications.
In recent years, there has been an upsurge in demand for use of biopreservation to develop biological products in R&D of various sectors such as immunotherapies, vaccine production, antibody production, enzyme technology, and biologically produced chemicals. This impact is due to the rising number of chronic disease incidences globally. For instance, according to the Centers for Disease Control and Prevention, cardiovascular disorders and cancer are among the leading causes of disease-related mortality in adults in the U.S.
Furthermore, the government and private sectors have shown interest and supported funding activities in research & development, leading to immense market developments. In recent years, the growing demand for preserving stem cells and developing biological medicines and products has gained investors' focus in this field. This considerable healthcare spending is expected to fuel market growth during the forecast period.
However, the growing biopreservation market is associated with challenges such as the unavailability of skilled professionals and the lack of stringent cybersecurity measures. The high cost of labor training and software standardization are some of the contributing factors. These challenges could potentially impact overall market growth.
Biopreservation Market Segmentation
Grand View Research has segmented the global biopreservation market report on the basis of product, application, and region:
Product Outlook (Revenue, USD Billion, 2018 - 2030)
Equipment
Freezers
Refrigerators
Consumables
Vials
Straws
Microtiter Plates
Bags
Liquid Nitrogen
Media
Pre-formulated
Home-brew
Laboratory Information Management System (LIMS)
Application Outlook (Revenue, USD Billion, 2018 - 2030)
Regenerative Medicine
Cell Therapy
Gene Therapy
Others
Bio-banking
Human Eggs
Human Sperms
Veterinary IVF
Drug Discovery
Regional Outlook (Revenue, USD Billion, 2018 - 2030)
North America
US
Canada
Europe
Germany
UK
France
Italy
Spain
Denmark
Sweden
Norway
Asia Pacific
China
Japan
India
Australia
Thailand
South Korea
Latin America
Brazil
Mexico
Argentina
Middle East and Africa (MEA)
South Africa
Saudi Arabia
UAE
Kuwait
Browse through Grand View Research's Biotechnology Industry Research Reports.
The global optical genome mapping market size was valued at USD 104.1 million in 2023 and is expected to grow at a CAGR of 26.76% from 2024 to 2030.
The global therapeutic drug monitoring market size was valued USD 1.80 billion in 2023 and is projected to grow at a CAGR of 3.8% from 2024 to 2030.
Key Companies & Market Share Insights
Key players in the market are opting for strategic initiatives, funding facilities for geographical expansion, partnerships, mergers and acquisitions in key regions. For instance, in January 2023, the Hamad Medical Corporation and Qatar BioBank launched a new tissue biobank service in Qatar to provide researchers the access to high-quality tissue samples. Some of the key players in the biopreservation market include:
Azenta US, Inc.
Biomatrica, Inc.
BioLife Solutions
MVE Biological Solutions
LabVantage Solutions, Inc.
Taylor-Wharton.
Thermo Fisher Scientific, Inc.
Panasonic Corporation
X-Therma Inc.
PrincetonCryo.
Stirling Ultracold
Order a free sample PDF of the Biopreservation Market Intelligence Study, published by Grand View Research.
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Cell Banking Outsourcing Market to Reach USD 41.54 Billion by 2031
Market Growth Driven by Increasing Demand for Cell-Based Therapies
The global Cell Banking Outsourcing Market was valued at USD 12.5 billion in 2023 and is expected to witness significant expansion, reaching an estimated USD 41.54 billion by 2031. The market is projected to grow at a Compound Annual Growth Rate (CAGR) of 16.2% over the forecast period from 2024 to 2031.
Factors Driving Market Expansion
Key drivers for this rapid market growth include the increasing demand for cell-based therapies, advancements in regenerative medicine, and a rise in biopharmaceutical research activities. The outsourcing of cell banking services, which involves the storage and maintenance of cell lines, is becoming a critical aspect of biopharmaceutical manufacturing processes. Companies are relying more on outsourcing due to the high costs and complexities of maintaining in-house cell banking infrastructure.
Technological Innovations and Biopharmaceutical Research
The rise in the development of innovative therapies, including gene therapy, immunotherapy, and stem cell research, has created an increasing need for reliable and efficient cell banking services. Outsourcing allows biotechnology firms and pharmaceutical companies to focus on research while leveraging specialized expertise and technologies in cell storage and quality control.
Regional Growth Insights
North America currently dominates the global market due to strong investments in biotechnology and biopharma research. However, the Asia-Pacific region is expected to grow at a rapid pace over the forecast period, driven by increasing healthcare expenditure, advancements in medical research, and the growing presence of contract manufacturing organizations (CMOs).
Market Outlook
With the ongoing advancements in cellular and genetic research, the cell banking outsourcing market is set for sustained growth, providing critical support for future developments in personalized medicine, regenerative therapies, and cutting-edge biopharmaceutical innovations. The future of the market will largely depend on technological advancements, regulatory developments, and increased collaboration between biopharma companies and outsourcing partners.
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Exploring the Cell Harvesting System Market: Detailed Insights on Size, Share, Growth Potential
The global cell harvesting system market size is expected to reach USD 13.22 billion by 2030, registering a CAGR of 14.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. The increasing demand for stem cell-based therapies, owing to the growing base of aging population and increasing prevalence of chronic diseases, is one of the major factors contributing toward lucrative market growth.
Cell Harvesting System Market Report Highlights
The peripheral blood segment dominated the market in terms of revenue share of 31.4% in 2023 pertaining to the widespread use of peripheral blood stem cell (PBSC) harvesting driven by its slightly invasive nature and the increasing demand for stem cell treatments.
In 2023, hospitals dominated the cell harvesting market mainly for spending on storage units and cryogenic preservation techniques. Besides, the research and development conducted by hospitals is also a significant factor for the segment growth.
North America cell harvesting system market accounted for a market share of 39.4% in 2023. The presence of a highly developed medical and healthcare infrastructure fuels a significant share of the cell harvesting market over the forecast period.
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Growing investment in stem cell research is one of the high impact rendering drivers contributing to the demand for stem cells, which thereby contributes to the growth of the cell harvesting system market. There has been a significant rise in the stem cell transplantation rate globally, which is another major driver for increasing demand across the globe. Growth in autologous stem cell transplantation along with increasing stem cell banking is stimulating demand for cell harvesting system.
The potential use of stem cells in regenerative medicine, such as in the case of cancer, trauma, congenital diseases, etc., is also one of the factors contributing to the demand for stem cells for research, thereby contributing toward the growth of cell harvesting system market across the globe. The rising prevalence of certain diseases such as cancer is expected to drive the growth of this market over the forecast period.
List of major companies in the Cell Harvesting System Market
Argos Technologies, Inc.
Perkin Elmer, Inc.
Brand GmBh+ CO KG
Arthrex, Inc.
Avita Medical
Tomtec
Terumo Corporation
Teleflex, Inc.
Bertin
Sartorius AG
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We have segmented the global cell harvesting system market on the basis of on type, application, end-use, and region.
#CellHarvesting#Biotechnology#StemCellResearch#MedicalDevices#HealthcareInnovation#RegenerativeMedicine#Biopharmaceuticals#CellTherapy#MedicalResearch#HealthcareTrends#ClinicalResearch#CellIsolation#BiotechAdvancements#HealthcareSolutions#CellHarvestingSystems
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The Global Cell and Tissue Preservation Market will grow at highest pace owing to increasing research in cryopreservation
The global cell and tissue preservation market covers equipment, consumables, and media used for cryopreservation and preservation of cells and tissues. Cell & tissue preservation allows long-term storage of biological samples at ultra-low temperatures for future application in research activities, clinical diagnostics, and cell & tissue-based therapies. Cell preservation equipment help in controlled freezing and thawing required for cryopreservation of samples, while consumables are one-time use containers and media are solutions required for storage of biological materials. The increasing research in application of stem cells for disease treatment and growing demand for biobanking are fueling the need for cell & tissue preservation products.
Global Cell And Tissue Preservation Market is estimated to be valued at USD 5.11 Bn in 2024 and is expected to reach USD 10.82 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 11.3% from 2024 to 2031.
Key Takeaways Key players operating in the global cell and tissue preservation market are Thermo Fisher Scientific, Inc., Lonza, BD, MerckKGaA, Cytiva, Agilent Technologies, Inc., Avantor, Inc., FUJIFILM Irvine Scientific, BioLifeSolutions Inc., AMSBIO, Princeton CryoTech, STEMCELL Technologies Inc., LGC SeraCare, Corning Incorporated, CellGenix GmbH. The global cell and tissue preservation market has seen rising demand due to increasing research in stem cell therapy and regenerative medicines. The number of clinical trials has increased multi-fold over the last decade. Preservation is vital for storage and transportation of biological samples used in these research studies and clinical applications. Technological advancements in cryopreservation process, equipment, and storage solutions are also fueling the Global Cell And Tissue Preservation Market Size. Automated freezing and controlled rate freezing equipment offer standardization and improve sample viability. Newer biomaterials provide better tissue preservation and enhance the capabilities of biobanks to store various sample types. Market trends: - Increased adoption of automated cell and tissue processing: Automation reduces manual errors and improves throughput and standardization in preservation workflow. - Growing preference for serum-free and animal-component free solutions: Developments are underway to address end-user demand for xeno-free formulations to avoid contamination. Market Opportunities: - Emerging economies in Asia Pacific and Latin America: Improving research infrastructure and increasing healthcare investments provide lucrative opportunities. - Umbilical cord blood and tissue banking: Expanding network of private and public banks worldwide augments demand for specialized preservation solutions. Impact of COVID-19 on Global Cell and Tissue Preservation Market Growth The outbreak of COVID-19 pandemic has significantly impacted the growth of Global Cell and Tissue Preservation Market Regional Analysis. During the initial lockdown period, hospitals and research institutes experienced supply chain disruptions as transportation restrictions were imposed globally. This led to shortage of raw materials such as preservation media for cell and tissue culture preservation. However, with increased focus on vaccine development and clinical testing, demand for preserved cell and tissue samples grew exponentially. Manufacturers responded swiftly by scaling up their production capacities and supply chains. Government funding for COVID-19 research also boosted the procurement of preservation products and equipment by biotech and pharmaceutical companies. Post lockdown, the market has witnessed growing demand from biobanks for long term preservation of COVID-19 testing samples as well as various cell lines used in vaccine development studies. The need to store clinical samples for future analysis has accelerated the adoption of automated banking equipment by government organizations. Moving forward, sustained research on virus pathogenesis and development of combination therapies will further augment the requirement for preserved biomaterials. Additionally, cell and tissue transplantation procedures deferred during peak pandemic period are being resumed, contributing to market revenues. Overall, COVID-19 has enhanced the significance of cell and tissue biobanking globally. Get more insights on Global Cell And Tissue Preservation Market
#Coherent Market Insights#Global Cell And Tissue Preservation Market#Global Cell And Tissue Preservation#Biobanking#Cryopreservation#Regenerative Medicine#Stem Cells#Organ Transplantation#Organ Donation
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