Biopreservation Market Revenue Expected to Reach $12.43 Billion by 2030 with 13.2% CAGR
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What Market Size Expansion Is Predicted For The Biopreservation Market Between 2026 And 2030?
The biopreservation market has experienced significant expansion in recent years. It is projected to increase from $6.69 billion in 2025 to $7.58 billion in 2026, achieving a compound annual growth rate (CAGR) of 13.3%. This historical growth can be attributed to several factors such as the expansion of biobanking activities, an increase in clinical research studies, the rising utilization of biospecimens in diagnostics, enhanced availability of preservation equipment, and the implementation of standardized storage protocols.
The biopreservation market is anticipated to experience substantial growth in the upcoming years, with its valuation predicted to reach $12.43 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 13.2%.
This projected growth throughout the forecast period stems from factors such as increasing demand for regenerative medicine samples, the expansion of precision medicine research, a rise in investments toward biorepository infrastructure, a heightened emphasis on sample quality assurance, and an increase in global clinical trial activities.
Prominent trends expected during this forecast period include the increasing adoption of advanced cryopreservation techniques, a rising demand for solutions for long-term biospecimen storage, the growing use of specialized biopreservation media, the expansion of centralized biorepository facilities, and an enhanced focus on maintaining sample integrity and traceability.
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What Major Drivers Are Influencing Demand In The Biopreservation Market?
The growing need for personalized medicine is a significant factor contributing to the expansion of the biopreservation market. This medical approach treats patients for diseases specific to their individual conditions. Personalized medicines are developed with the assistance of biobanks, which preserve human tissues and cells through biopreservation techniques. For example, in February 2024, the Personalized Medicine Coalition, a US-based non-profit organization, stated that the FDA authorized 16 novel personalized therapies for patients with rare diseases in 2023, a notable rise from six such approvals in 2022. Therefore, the increasing demand for personalized medicine is projected to drive the biopreservation market’s growth in the foreseeable future.
Which Market Segments Are Examined In The Biopreservation Market Study?
The biopreservation market covered in this report is segmented –
1) By Type: Biopreservation Equipment, Biopreservation Media
2) By Biospecimen: Human Tissue Samples, Organs, Stem Cells, Other Biospecimens
3) By Application: Therapeutic Applications, Research Applications, Clinical Trials, Other Applications
4) By End User: Biobanks, Gene Banks, Hospitals, Other End Users
Subsegments:
1) By Biopreservation Equipment: Freezers, Liquid Nitrogen Tanks, Refrigerators, Incubators
2) By Biopreservation Media: Cryoprotectants, Growth Media, Supplementary Media
Which Upcoming Trends Are Expected To Influence The Biopreservation Market?
Major companies operating in the biopreservation market are prioritizing the development of innovative solutions, such as cryopreservation solutions, to address the growing need for preserving complex tissues and organs over time. Cryopreservation is a technique for safeguarding biological material at extremely low temperatures (-196°C), either rapidly (as seen in seed storage) or gradually through controlled dehydration, providing superior benefits over traditional storage methods by maintaining viability and functionality for longer periods. For instance, in April 2024, Pluristyx, Inc., a US-based biotechnology company, unveiled PluriFreeze Cryopreservation Media, engineered to improve the viability and functionality of human-derived pluripotent stem cells (iPSCs) and other delicate cell types during freezing and thawing. PluriFreeze consists entirely of synthetic and animal-origin-free (AOF) materials. Its low viscosity supports automation and large-scale cell production, while the complementary DMSO-free wash solution, PluriPrep, allows for extended processing times, thereby optimizing cell handling and recovery for research and clinical applications.
Who Are The Primary Competitors In The Biopreservation Market?
Major companies operating in the biopreservation market are Thermo Fisher Scientific Inc., BioLife Solutions Inc., VWR International LLC, BioCision LLC, Lifeline Scientific Inc., Biomatrica Inc., Custom Biogenic System Inc., QIAGEN NV, ThermoGenesis Holdings Inc., MVE Biological Solutions LLC, Taylor-Wharton America Inc., X-Therma Inc., Cesca Therapeutics Inc., Core Dynamics Ltd., The Merck Group, Azenta US Inc., Avantor Inc., Bio-Techne Corporation, Worthington Industries Inc., Chart Industries Inc., Cryoport Inc., LabVantage Solutions Inc., Brooks Automation Inc., BioVault Technical Ltd., Biomatik Corporation, Biostorage Technologies Inc., Arctiko A/S, Eppendorf AG, Panasonic Healthcare Co. Ltd., BioSpherix Ltd.
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Which Region Shows The Strongest Potential For Future Growth In The Biopreservation Market?
North America was the largest region in the biopreservation market share in 2025. The regions covered in the biopreservation market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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