The Report “European Biopreservation Media Market, By Type (Home-brew Media, Pre-formulated Media), By Application (Regenerative Medicines, Drug Discovery, Biobanking), By Country (Germany, France, U.K., Italy, Spain) - Analysis and Forecasts to 2021” is estimated to grow to around $235.7 million by 2021, at a CAGR of 18.2% between 2016 and 2021.
Browse through the TOC of the European Biopreservation Media Market for an analysis of industry trends and segments, with the help of various tables and figures.
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Biopreservation is a vital method for the stabilization of natural and engineered tissues to permit transportation and extended shelf life. Biopreservation is a rapidly emerging field of specimen procurement, processing, preservation, and banking. These specimens can be cells, tissues and organs, macromolecules, fungi, viruses, and bacteria. Biopreservation maintains the integrity and functionality of cells outside the native environment for extended storage times.
European biopreservation media market was valued at $86.3 million in 2015, which is estimated to grow to around $235.7 million by 2021, at a CAGR of 18.2% between 2016 and 2021.
The biopreservation media market is driven by factors such as development policies that regulate the use of human tissues for research and biobanking, and prospects of stem cell research development in European countries. Moreover, rise in the treatment of acute and chronic illnesses is leading a positive growth for this market. Investments in related research are also helping in expanding the market for biopreservation media.
The demand for biopreservation storage media is expected to be fuelled by human tissue biobanking, which is of particular importance for implementation of novel biomarkers into clinical trials. Regenerative medicine focuses on both regenerating damaged tissues and organs in the body as well as growing tissues and organs in the laboratory and then implanting them in the body. Biobanking is a technique similar to biorepository that stores the biological samples of human beings. The European biopreservation storage media market is expected to receive impetus from rapid advancements in biobanking technology.
Some of the key market players of the global biopreservation market include Lifeline Scientific Inc. (U.S.), BioLife Solutions Inc. (U.S.), Thermo Fisher Scientific, Inc. (U.S.), Sigma-Aldrich Corporation (U.S.), Wak-Chemie Medical GmbH (Germany), Lonza Group Ltd. (Switzerland), and others.
This market is segmented and forecasted on the basis of type, application, and geography.
The research report categorizes the European biopreservation media market by product type, by application and by country. Based on product type, the market is categorized into home-brew media and pre-formulated media. Based on application, it is segmented into regenerative medicine, drug discovery and biobanking. Report covers major countries which includes Germany, France, U.K., Italy and Spain.
This report also includes the market share and value chain analyses as well as market metrics such as drivers, restraints, and upcoming opportunities in the market. In addition, it presents a competitive landscape and company profiles of key players in the market.
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