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Pulished Date April, 2021
ID: 948
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North America Biopreservation Market Research Report – By Product Type, Application, End User & Country (The United States, Canada & Rest of North America) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2021 to 2026)

Pulished: April, 2021
ID: 948
Pages: 145

North America Biopreservation Market Size (2021 to 2026)

The size of the North America Biopreservation Market is forecasted to worth USD 2239.4 million by 2026 and USD 1285.5 million in 2021, growing at a compound annual growth rate (CAGR) of 11.74% from 2020 to 2025.

The significant increase in the patient population requiring high-end treatment for chronic diseases is also responsible for the high demand for biopreservation goods and services, which would propel the biopreservation market in the area to new levels throughout the forecast period. Furthermore, the presence of government healthcare programs that offer funding, grants, and contracts for research and the use of advanced bio-preservation services has expanded, which is expected to drive penetration rates in the coming years. Developments in hypothermic storage solution composition, next-generation cryopreservation solutions, and design and integration with nanoscale technologies are all examples of advancements. In addition, major pharmaceutical firms are active in the marketing and subsequent acceptance of advanced preservation equipment in the research community. The expanding elderly population, advances in drug discovery and biomedical research, improved healthcare expenditure, an increase in the number of patients needing specialist treatment for lifelong diseases, and the presence of major pharmaceutical and pharmaceutical firms in the region are all important factors.

Increasing R&D spending, advancements in biobanking, and the expanding practice of saving newborns' cord blood stem cells, rising investments in regenerative medicine research, and increased demand for customized treatment are all driving this industry forward. Furthermore, increased healthcare spending is expected to enhance access to high-quality treatment and sophisticated products, such as biopreservation facilities, increasing development opportunities in this region. In addition, the rising need for organ transplants, the growing number of research projects in the field of biopreservation, and the rising demand for room temperature storage methods will all contribute to the biopreservation market's growth in the near future.

The high cost of biopreservation equipment will hamper the North American biopreservation market expansion. During the assessment period, the growing high cost of biopreservation devices and their maintenance, specimen stability concerns, and a shortage of qualified staff to handle the biopreservation process may limit market expansion.

The expensive expense of advanced methods and ongoing worries about tissue harm during freezing and thawing is expected to hinder the North America Biopreservation market's growth in the future years.

This research report on the North America Biopreservation Market has been segmented and sub-segmented into the following categories:

By Product Type: 

  • Biopreservation Equipment
  • Biopreservation Media
  • Lab Information System Information

By Bio samples: 

  • Human Tissue Samples
  • Stem Cells
  • Organs
  • Other Bio-Specimens

By Application: 

  • Research Applications
  • Therapeutic Applications
  • Clinical Trials
  • Others

By end-users: 

  • Gene Banks
  • Biobanks
  • Hospitals
  • Others

By Country: 

  • The United States
  • Canada
  • Rest of North America

Regional Analysis:

The Biopreservation Market in the North American region was the top revenue-generating geography globally in 2020 and is predicted to dominate the market throughout the forecast period. The growing prevalence of chronic diseases like cardiovascular diseases, cancer, diabetes, and acute respiratory diseases has helped the biopreservation market gain significance. Life Sciences companies have been increasingly using biopreservation media for cell or tissue-related therapies. Recent years have seen the emergence of biopreservation with rising funding from many academic institutions, governments, healthcare establishments, biotechnology companies, and pharmaceutical companies. The rising demand for novel bio-preservative techniques and increasing healthcare expenditure are believed to increase market demand.

Due to the consistent drug developments and the introduction of advanced medicines in biomedical research, North America had the biggest share. The increasing demand for biopreservation goods and services in this region is due to a considerable increase in patients seeking high-end treatment for chronic diseases. In addition, the increase in demand for blood, solid tissue specimens, including paraffin-embedded or frozen bio-specimens of tumors, and other tissues (such as peripheral blood cells and bone marrow) across numerous research institutions, pathology centers, and hospitals, is driving the North American market. The development of regenerative medicine for treating and managing numerous chronic diseases such as heart failure and diabetes and degenerative disorders affecting the nerves, bones, and joints is one of the primary causes driving demand for biopreservation. Because of enhanced technology adoption, a well-established healthcare system, and increased in-house sample storage in hospitals and research institutes, the Americas are expected to lead the biopreservation market.

KEY MARKET PLAYERS:

A few of the noteworthy companies operating in the North America Biopreservation Market are Thermo Fisher Scientific, Inc, BioLife Solutions, Inc, Sigma-Aldrich Corporation, VWR Corporation, BioCision LLC, Cesca Therapeutics Inc, So-Low Environmental Equipment Co, Taylor-Wharton, Panasonic Corporation, and Lifeline Scientific Inc.

1.Introduction                                  

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                           

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                              

                2.2 Research Phases                      

                                2.2.1 Secondary Research            

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling     

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                      

                3.1 Executive Summary                

                3.2 Key Inferences                         

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                      

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market               

5. Market Segmentation                                              

                5.1 By Product Type                       

                                5.1.1 Biopreservation Media      

                                5.1.2 Biopreservation equipment            

                                5.1.3 Lab Information System Management        

                5.2 By Bio-Specimens                    

                                5.2.1 Human tissue samples       

                                5.2.2 Organs      

                                5.2.3 Stem cells

                                5.2.4 Other bio-specimens          

                5.3 By Application                           

                                5.3.1 Therapeutic applications   

                                5.3.2 Research applications         

                                5.3.3 Clinical trials           

                                5.3.4 Other applications

                5.4 By End-User               

                                5.4.1 Biobanks  

                                5.4.2 Gene Banks            

                                5.4.3 Hospitals  

                                5.4.4 Others      

6. Geographical Analysis                                              

                6.1 Introduction                              

                6.2 United States                            

                6.3 Canada                         

7.Strategic Analysis                                        

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental      

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services

                                7.2.5 Competitive Rivalry within the Industry      

8.Market Leaders' Analysis                                          

                8.1BioLife Solutions                        

                                8.1.1 Overview

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Thermo Fisher Scientific                        

                8.3 Sigma-Aldrich Corporation                   

                8.4 BioCision LLC                              

                8.5 VWR Corporation                    

                8.6 Cesca Therapeutics                 

                8.7 Taylor-Wharton                        

                8.8 So-Low Environmental Equipment                   

                8.9 Panasonic Corporation                          

                8.10 Lifeline Scientific                    

9.Competitive Landscape                                            

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                        

                9.3 Agreements, collaborations and Joint Ventures                          

                9.4 New Product Launches                          

10.Market Outlook and Investment Opportunities                                           

                                               

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. North America Biopreservation Market, By Region, From 2021 to 2026 (USD Billion)     
  2. North America Biopreservation Market, By Product type, From 2021 to 2026 (USD Billion)  
  3. North America Biopreservation Media Market, By Region, From 2021 to 2026 (USD Billion)
  4. North America Biopreservation equipment Market, By Region, From 2021 to 2026 (USD Billion)  
  5. North America Lab Information System Management Market, By Region, From 2021 to 2026 (USD Billion)  
  6. North America Biopreservation Market, By Bio-Specimen, From 2021 to 2026 (USD Billion)
  7. North America Human tissue samples Market, By Region, From 2021 to 2026 (USD Billion) 
  8. North America Organs Market, By Region, From 2021 to 2026 (USD Billion)                                               
  9. North America Stem cells Market, By Region, From 2021 to 2026 (USD Billion) 
  10. North America Other bio-specimens Market, By Region, From 2021 to 2026 (USD Billion)    
  11. North America Biopreservation Market, By Application, From 2021 to 2026 (USD Billion)     
  12. North America Therapeutic applications Market, By Region, From 2021 to 2026 (USD Billion)        
  13. North America Research applications Market, By Region, From 2021 to 2026 (USD Billion)  
  14. North America Clinical trials Market, By Region, From 2021 to 2026 (USD Billion)    
  15. North America Other applications Market, By Region, From 2021 to 2026 (USD Billion) 
  16. North America Biopreservation Market, By End-Users, From 2021 to 2026 (USD Billion)       
  17. North America Biobanks Market, By Region, From 2021 to 2026 (USD Billion)    
  18. North America Gene Banks Market, By Region, From 2021 to 2026 (USD Billion)      
  19. North America Hospitals Market, By Region, From 2021 to 2026 (USD Billion)   
  20. North America Others End-Users Market, By Region, From 2021 to 2026 (USD Billion)   
  21. United States Biopreservation Market, By Product type, From 2021 to 2026 (USD Billion)    
  22. United States Biopreservation Market, By Bio-Specimen, From 2021 to 2026 (USD Billion)   
  23. United States Biopreservation Market, By Application, From 2021 to 2026 (USD Billion)       
  24. United States Biopreservation Market, By End-Users, From 2021 to 2026 (USD Billion)  
  25. Canada Biopreservation Market, By Product Type, From 2021 to 2026 (USD Billion)
  26. Canada Biopreservation Market, By Bio-Specimen, From 2021 to 2026 (USD Billion)       
  27. Canada Biopreservation Market, By Application, From 2021 to 2026 (USD Billion)   
  28. Canada Biopreservation Market, By End-Users, From 2021 to 2026 (USD Billion)     

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