Global Biopreservation Market Share, Size Growth, Trends, and Forecast (2018 - 2023)

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    Global Biopreservation Market Influenced by
Advancements in Regenerative Medicine

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Report Description and Highlights
Report Description
Global Biopreservation Market Influenced by
Advancements in Regenerative Medicine The global
biopreservation market has witnessed a sustained
growth over the past few years. This can be
attributed to the escalating adoption of
regenerative medicines coupled with technological
advancements in the field of biopreservation. Bio
preservation is a process used for retaining the
integrity of cells, organs and tissues for an
extended period of time. It is widely used in the
medical research sector to maintain and
accommodate the stability of samples, including
stem cells, DNA and plasma. As a result,
biopreservation has become important for the
success of several commercial and clinical
applications of the evolving cell-based
technologies. A new research report by IMARC
Group, titled Biopreservation Market Global
Industry Trends, Share, Size, Growth, Opportunity
and Forecast 2018-2023, estimates that
the global biopreservation market reached a value
of US 2.5 Billion in 2017. The report further
anticipates the market value to reach US 4.4
Billion by 2023, at a projected CAGR of 10 over
the forecast period.
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Report Description and Highlights
Report Description

• Global Biopreservation Market Drivers/Constraints
  
• Regenerative medicines help to treat diseases
  such as cancer, heart diseases and neurological di
  sorders eliminate the need for organ
  transplantation and restore the function of
  damaged tissues through cellular components. The
  growing demand for regenerative medicine has
  resulted in an increasing growth of the
  biopreservation market globally.
• The rapid economic development has led to the
  improved access to healthcare facilities in both
  the developing and developed countries. This is
  anticipated to bolster the growth of
  biopreservation market across the globe.
• Some of the other factors catalysing the demand
  for biopreservation are adoption of in-house
  sample storage in hospitals and labs, and
  increasing investments in personalized medicine,
  bio-banks, and research and development.
• The high cost of sophisticated biopreservation
  instruments and equipment is a major restraint in
  the global biopreservation market. The
  possibility of tissue injury during thawing and
  preservation is another major factor challenging
  the growth of the market.
• Read more here https//www.imarcgroup.com/biopres
  ervation-market

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Report Description and Highlights
Report Description
Product Type Insights On the basis of type, the
market has been segregated as biopreservation
equipment and media. Amongst these,
biopreservation equipment is the most popular
product type, accounting for the majority of the
global share. Application
Insights Based on application, biobanks dominate
the market, representing the largest application
segment of biopreservation. This can be
attributed to the growing need for clinical
specimen for conducting translational research.
Other major segments include therapeutic and drug
discovery applications. Request Sample Of The
Report https//www.imarcgroup.com/request?typere
portid829flagB
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Report Description and Highlights
Report Description

• Regional Insights
• On a geographical front, the market has been
  segmented as North America, Europe, Asia Pacific,
  Latin America, and Middle East and Africa.
  Currently, Europe is the leading market for
  biopreservation on account for government support
  for the development of new therapies and drugs.
• Competitive Landscape
• The players in the global biopreservation market
  are involved in the development of new products,
  and merger and acquisition activities so as to
  stay competitive. Some of the leading companies
  include
• BioLife Solutions, Inc.
• Thermo Fisher Scientific, Inc.
• VWR International, LLC
• Panasonic Corporation
• BioCision LLC

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Report Description and Highlights
Report Description

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