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What fueled the previous growth in the biopreservation market market?

In recent times, there has been a significant growth in the biopreservation market size. The projection from $6.02 billion in 2024 escalating to $6.7 billion in 2025 indicates a compound annual growth rate (CAGR) of 11.3%. This growth seen in the historical period is directly linked to factors such as the expansion of biobanking, an increase in stem cell research, the rise in organ transplantation procedures, the production of biopharmaceuticals, and advancements in cell therapy.

What will be the biopreservation market market size in the future?

The size of the biopreservation market is projected to experience a swift expansion in the forthcoming years, with expected growth reaching “$11.09 billion by 2029 at a compound annual growth rate (CAGR) of 13.4%. Factors propelling this growth during the forecast period include heightened demand for regenerative medicine, developments in the sphere of personalized medicine, utilization of cryopreservation applications, the international supply chain of biopharmaceuticals, and emerging initiatives in biobanking. Primary trends anticipated during this period encompass an increased application in stem cell banking, emphasis on sophisticated preservation solutions, extended activity in drug discovery and development, launch of transportable biopreservation equipment, and growing significance in the field of organ transplantation.

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What main drivers are fueling expansion in the biopreservation market market?

The surge in preference for personalized medicine is notably facilitating the expansion of the biopreservation market. Personalized medicine caters specifically to individual patients’ illnesses and is facilitated by biobanks. These biobanks utilize biopreservation to safeguard human tissues and cells, which are instrumental in developing these unique treatments. For example, in February 2024, the Personalized Medicine Coalition, an American charitable organization, reported that the FDA had given the green light to 16 unique personalized therapies for patients diagnosed with rare conditions in 2023. This was a considerable leap from the six approved in 2022. Hence, the escalating demand for tailor-made medicine signifies a promising future for the market of biopreservation.

What key areas define the segmentation of the global 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

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Who are the dominant players expanding their reach 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.

How are evolving market trends shaping biopreservation market Strategies?

Technological advancements continue to be a dominant trend within the biopreservation market. Notably, cryopreservation solutions being adopted by leading companies, enable the preservation of complex tissues and organs over a prolonged time. Cryopreservation vitalizes the safekeeping of material at an extremely low temperature, of about -196°C, either rapidly or slowly, akin to tissue culture or seed storage. An example of this trend is the April 2024 release of PluriFreeze Cryopreservation Media by US-based biotech firm, Pluristyx Inc. This proprietary solution, tailored to increase the viability and functionality of iPSCs and other fragile cell types during freezing and defrosting stages, was initially offered in a research use only (RUO) formulation, however, a good manufacturing practice (GMP) version is forthcoming. PluriFreeze consists entirely of synthetic and animal-origin free (AOF) materials, providing a safer, more ethical process for cell preservation. The solution’s low viscosity allows for automation and large-scale cell production. Paired with its complementary DMSO-free wash solution, PluriPrep, it provides extended processing periods, thereby enhancing cell handling and recovery for both research and clinical applications.

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Which regions are emerging as leaders 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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