Biopreservation Market Industry Insights 2025 – Market Forecast for Executives and Planners
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How Has the Biopreservation Market Market Size Changed, over the years?
In recent times, there has been a swift expansion in the biopreservation market size. It is projected to escalate from $6.02 billion in 2024 to $6.7 billion in 2025, indicating a compound annual growth rate (CAGR) of 11.3%. The historical growth of this market is owed to the boom in biobanking, an increase in stem cell investigations, an upsurge in organ transfusion surgeries, biopharmaceutical manufacturing, and advancements in cell therapy.
How Much Will the Biopreservation Market Market Be Worth in 2029?
In the upcoming years, the biopreservation market is projected to experience a sharp increase in its size. It’s estimated to achieve a value of “$11.09 billion in 2029 with a compound annual growth rate (CAGR) of 13.4%. The advancement during this forecasted period can be credited to the rising demand for regenerative medicine, personalized medicine research and development, cryopreservation applications, the worldwide biopharmaceutical supply chain, alongside novel biobanking initiatives taking shape. Some noticeable trends during this period consist of an increased application in stem cell banking, focus on sophisticated preservation solutions, expansion in the drug discovery and development sector, launch of portable biopreservation devices, and elevating significance in the realm of organ transplantation.
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Which is the Largest Company in the Biopreservation Market Market?
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.
What Are the Main Market Drivers in the Biopreservation Market Industry?
The rise in the need for customized medication is considerably propelling the biopreservation market’s growth. Personalized medication is employed to specifically address diseases present in patients. These customized remedies are produced with the assistance of biobanks that use biopreservation to protect human tissues and cells. For instance, in February 2024, the Personalized Medicine Coalition, a non-profit organization based in the US, reported that the FDA had approved 16 new personalized therapies for patients with rare diseases in 2023, marking a significant increase from the six approved in 2022. Therefore, the growing demand for personalized medication is predicted to stimulate the expansion of the biopreservation market in the future.
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How Is the Biopreservation Market Market Segments Structured?
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 Strategic Trends Are Transforming the Biopreservation Market Market?
Technological advancements are significantly impacting the biopreservation landscape, a trend that is increasingly being adopted by major players in the industry. Innovative techniques such as cryopreservation are now used to preserve complicated tissues and organs over prolonged periods of time. Cryopreservation employs extreme cold temperatures (196°C) to ensure long-term material preservation, whether it’s quick freezing for seed storage or gradual reduction in temperature combined with dehydration for tissue culture. For example, in April 2024, US biotech firm Pluristyx, Inc. introduced PluriFreeze Cryopreservation Media, a proprietary solution crafted to enhance the robustness and functionality of human-derived pluripotent stem cells (iPSCs) and other delicate cell types during the freeze and thaw cycles. Initially created for research use only (RUO), a version adhering to good manufacturing practice (GMP) is in the pipeline. Made entirely of synthetic and animal-origin free (AOF) ingredients, PluriFreeze provides a safer and ethically-minded alternative for cell preservation. Its lighter viscosity is conducive to automation and large-scale cell production. The matching DMSO-free wash solution, PluriPrep, permits longer processing durations, maximizing cell management and recovery for research and clinical use.
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Which Global Regions Offer the Highest Growth in 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
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This Report Delivers Insight On:
1. How big is the biopreservation market market, and how is it changing globally?
2. Who are the major companies in the biopreservation market market, and how are they performing?
3. What are the key opportunities and risks in the biopreservation market market right now?
4. Which products or customer segments are growing the most in the biopreservation market market?
5. What factors are helping or slowing down the growth of the biopreservation market market?
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