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What are the Key Projections for the CAGR of the Biopreservation Market Market From 2025 to 2034?

The biopreservation market has experienced significant expansion in the past few years. The market value is predicted to rise from $6.02 billion in 2024 to $6.7 billion in 2025, reflecting a compound annual growth rate (CAGR) of 11.3%. The past growth in this market is tied to the broadening of biobanking, increased stem cell research, a surge in organ transplantation procedures, advancements in biopharmaceutical production, and progress in cell therapy.

Over the forthcoming years, the biopreservation market is predicted to experience a swift expansion, escalating to “$11.09 billion by 2029 with a compound annual growth rate of 13.4%. Several factors are expected to fuel this growth during the forecast period, including a heightened demand for regenerative medicine, advancements in personalized medicine and cryopreservation applications, a robust global supply chain in the biopharmaceuticals sector, and emerging initiatives in biobanking. Noteworthy developments forecasted within this period include an escalating use in stem cell banking, an increased emphasis on sophisticated preservation solutions, the broadening of drug innovation and progression, the launching of mobile biopreservation equipment, and a heightened significance in organ transplantation.

Which Factors Are Enhancing the Growth of the biopreservation market Market?

The surge in the need for tailored medical treatments is notably fueling the expansion of the biopreservation sector. Tailored medical treatments, intended for patient-specific diseases, utilize biopreservation to conserve human tissues and cells, facilitated through biobanks. For instance, as reported by the Personalized Medicine Coalition, a non-profit organization based in the US, the FDA sanctioned 16 new personalized treatments for patients suffering from rare diseases in 2023, a considerable increase from the six approvals in 2022. Therefore, the growing need for tailored medical treatments is anticipated to boost the progression of the biopreservation market in the future.

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What Are the Key Industry Players Leading the Charge in the Biopreservation Market Market’s Growth?

Major companies operating in the biopreservation market market include:

• Thermo Fisher Scientific Inc._x000D_

• BioLife Solutions Inc._x000D_

• VWR International LLC_x000D_

• BioCision LLC_x000D_

• Lifeline Scientific Inc._x000D_

How Are Market Trends and Shifts Impacting the Growth Trajectory of the Biopreservation Market Market?

The biopreservation market is currently experiencing a significant trend towards technological advancement. Leading entities are introducing avant-garde technologies like cryopreservation solutions to preserve elaborate tissues and organs over extended periods. Cryopreservation involves the effective protection of materials at a drastic low temperature of -196 °C, swiftly executed in instances like seed storage, or gradually coupled with dehydration in cases such as tissue culture. Illustratively, in April 2024, Pluristyx, Inc., a biotechnology firm from the USA, unveiled its PluriFreeze Cryopreservation Media. This proprietary solution aims to boost the survival and performance of human-originated pluripotent stem cells (iPSCs) and other fragile cell types during freeze-thaw cycles. It is initially available as a research-only use formulation (RUO), with expectations for a good manufacturing practice (GMP) iteration in the near future. The PluriFreeze is exclusively made of synthetic and animal-derived free (AOF) materials, supporting a safer and more ethical means of cell preservation. Its minimally viscous nature promotes automation and bulk cell production, and its matched DMSO-free wash solution, PluriPrep, permits extended processing durations, refining cell handling and recuperation for both research and clinical purposes.

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What Are the Major Categories and Their Growth Dynamics in the Biopreservation Market Market?

The biopreservation market 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

What Regions Are Influencing the Dynamics of the Biopreservation Market Market?

North America was the largest region in the biopreservation market share in 2024. The regions covered in the biopreservation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

How Is the Definition of the Biopreservation Market Market Impacting Future Growth?

Biopreservation is defined as the use of microorganisms and their metabolic byproducts to increase food safety and shelf life. It is used to preserve biospecimen for a longer period and shield them from any harm outside their native environment. Biospecimens are samples of materials such as urine, blood, tissue, cells, DNA, and others that are kept in a biorepository for future research or utilized for a lab test.

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