1. Copyright © IMARC Service Pvt Ltd. All Rights Reserved Global Biopreservation Market Research Report and Outlook By 2023

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3. Report Description Report Description and Highlights Biopreservation Market Report By Product Type (Biopreservation Equipment and Biopreservation Media), Application (Therapeutic Applications, Biobank Applications and Drug Discovery Applications),, Region 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. Market Overview: Biopreservation 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.

4. Report Description Report Description and Highlights Global Biopreservation Market Drivers/Constraints: Regenerative medicines help to treat diseases such as cancer, heart diseases and neurological disorders; 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. Biopreservation Market Segmentation: Market Segmentation by Product Type Request for a sample report: https://www.imarcgroup.com/biopreservation-market/requestsamplehttps://www.imarcgroup.com/biopreservation-market/requestsample

5. Sample Figure: Global: Biopreservation Market Forecast: Sales Value (in Million US$), 2018-2023 Market Forecast

6. Report Description Market Segmentation o Biopreservation Equipment o Biopreservation Media 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. Market Segmentation by Application Therapeutic Applications Biobank Applications Drug Discovery Applications 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. Market Segmentation by Region For more information, click here: https://www.imarcgroup.com/biopreservation-markethttps://www.imarcgroup.com/biopreservation-market

7. Report Description Market Segmentation North America Europe Asia Pacific Latin America Middle East and Africa 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 competitive landscape of the market has also been examined with some of the key players. BioLife Solutions, Inc. Thermo Fisher Scientific, Inc. VWR International, LLC Panasonic Corporation BioCision LLC

8. North America Latin America Europe Middle East and Africa Asia- Pacific Regional Segmentation

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