Global Biopreservation Market Research Report: Forecast (2023-2028)

1. Global Biopreservation Market Research Report: Forecast (2023-2028) • GET UPDATED SAMPLE REPORT 2025-2030 • MARKNTEL ADVISORS

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4. Market Insights The Global Biopreservation Market is projected to grow at a CAGR of around 17.48% during the forecast period, i.e., 2023-28. The growth of the market would be propelled mainly by the mounting demand for personalized medicine, an increasing number of biobanking activities, and significant advancements in regenerative medicine. Besides, the rise in R&D on stem cells, surging awareness about rare diseases, and technological advancements in biopreservation are other prominent aspects projected to drive the market in the forecast years. Several governments and funding organizations worldwide are increasingly supporting biopreservation research & infrastructure development through financial support in order to promote advancements in healthcare, personalized medicine, & regenerative therapies and encourage the adoption of biopreservation solutions.

5. Market Growth Restraints High Costs Associated with Biopreservation Techniques & Solutions: Biopreservation involves sophisticated processes & specialized equipment that can be expensive to implement & maintain owing to the high costs associated with sample collection, processing, storage, & transportation, which, in turn, create a cost burden for biobanks, research institutions, & healthcare facilities and limit the adoption of biopreservation solutions, particularly in resource-constrained settings and smaller organizations with limited budgets. Hence, the upfront investment required for infrastructure, equipment, & skilled personnel that can pose financial challenges, especially for emerging markets and organizations with limited funding sources, is a major growth restraint for the Global Biopreservation Market.

6. Market Segments By Product Type (Equipment [Freezers, Refrigerators, Consumables, Liquid Nitrogen], Media [Pre-formulated, Home Brew], Laboratory Information Management System [LIMS]), By Application (Regenerative Medicine [Cell Therapy, Gene Therapy, Others], Bio-banking [Human Eggs, Human Sperms, Veterinary IVF], Drug Discovery), By Region (North America, South America, Europe, The Middle East and Africa, Asia-Pacific), By Company (Azenta Life Sciences, Biomatrica, Inc., BioLife Solutions, MVE Biological Solutions, LabVantage Solutions, Inc., Taylor-Wharton, Thermo Fisher Scientific, Inc., Panasonic Corporation, X-Therma, PrincetonCryo, Merck KgaA, VWR International, Thermogenesis Holdings, Lifeline Scientific Inc., AMS Biotechnology, Others)

7. Top Companies Azenta Life Sciences, Biomatrica, Inc., BioLife Solutions, MVE Biological Solutions, LabVantage Solutions, Inc., Taylor-Wharton, Thermo Fisher Scientific, Inc., Panasonic Corporation, X-Therma, PrincetonCryo, Merck KgaA, VWR International, Thermogenesis Holdings, Lifeline Scientific Inc., AMS Biotechnology, Others

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10. MarkNtel Advisors Target Geographies- Focus Areas • MarkNtel has strategically defined its target areas which are based on evaluation by its analysts after analysing the growth potential of various regions. Few of those parameters include: • -Political, Economic, Social, Technological and Environmental Analysis • -Credit Ratings provided by leading institutions • -GDP projections by bodies such as the World Bank, IMF, OECD, etc. • -Market Disruptions and the “Next Big Things”

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