Biopreservation Market Market Growth Outlook: Trends, Market Size, and Opportunities Over the Next Decade
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Major Innovations Are Driving the Accelerated Growth of the Biopreservation Market Market?
The growth of the biopreservation market is being significantly propelled by the rising demand for personalized medicine. This type of medicine is tailored to treat disease specific to individual patients. The development of personalized medicines is facilitated by biobanks that use biopreservation techniques to store human tissues and cells. As an example, the Personalized Medicine Coalition, a non-profit organization based in the US, records that the FDA gave approval to 16 new personalized therapies for patients suffering from rare diseases in 2023, a significant increase from the six approved in 2022. Therefore, the escalating demand for personalized medicine is anticipated to continually fuel the growth of the biopreservation market.
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#What is the Growth Potential of the Biopreservation Market Market, and How Will It Perform by 2034?
The size of the biopreservation market has seen a swift expansion lately. The market, standing at $6.02 billion in 2024, is projected to reach $6.7 billion in 2025, marked by a compound annual growth rate (CAGR) of 11.3%. This exceptional growth during the historical period is a result of several factors including the escalation of biobanking, an increase in stem cell research, advancement in cell therapy, a surge in organ transplantation procedures, and burgeoning biopharmaceutical production.
The biopreservation market is predicted to undergo significant expansion in the coming years, reaching a value of $11.09 billion in 2029, powered by a compound annual growth rate (CAGR) of 13.4%. The increase during this forecast period is potentially due to the escalating demand for regenerative medicine, progress in personalized medicine research and development, application of cryopreservation, prowess of the global biopharmaceutical supply chain and launch of emerging biobanking programs. Key trends projected within this timeframe are an increase in stem cell banking applications, emphasis on advanced preservation solutions, growth in drug discovery and development, entry of portable biopreservation tools and greater significance in organ transplantation.
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What Are the Most Significant Market Trends Transforming the Biopreservation Market Market?
One dominant trend in the biopreservation market is technological innovation. Top industry contributors are implementing new advancements such as cryopreservation methods for extended preservation of complicated tissues and organs. Cryopreservation involves protecting substances at a significantly low temperature (196 °C), either rapidly, as in seed storage, or slowly, with paired dehydration, as in tissue culture. For example, Pluristyx Inc., an American biotech firm, introduced PluriFreeze Cryopreservation Media in April 2024, a special solution created to improve the survival as well as function of iPSCs and other sensitive cell categories during freezing and thawing stages. Currently offered only for research purposes, a GMP format is anticipated soon. PluriFreeze is wholly made of synthetic and animal-free components, representing a safer, more ethical direction for cell preservation. It possesses a low viscosity feature that enhances cell production on a large scale and automation, whilst its corresponding DMSO-free wash solution, PluriPrep, facilitates extended processing periods, maximizing cell handling and recovery for both research and clinical applications.
What Are the Top Market Players Propelling the Growth of theBiopreservation Market Industry?
Major companies operating in the biopreservation market market include 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 Primary Segments of the Biopreservation Market Market Are Driving Growth and Industry Transformations?
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
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Which Regions Are Key Players in the Growth of the #What Major Innovations Are Driving the Accelerated Growth of the Biopreservation Market 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
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