1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Fuel Cell Market size worth $25.5bn by 2024 Global Biopreservation Market to see growth of 13.4% from 2016 to 2024: Global Market Insights Inc.
2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Global Market Insights, Inc. says Biopreservation market is slated to record a double-digit annual growth rate of 13.4% over 2016-2024, with a projected revenue of USD 9.7 billion by 2024. Integration of modern technologies in food processing to maintain the microbiological food safety standards is pushing biopreservation market globally. The market has been gaining a remarkable traction in the recent years as biopreservation defines an ecological approach that improves the safety and shelf life of the foods. Heightening expenditures on medical services, increasing consumers’ disposable incomes, and the growing demand for regenerative medicines have significantly favored the overall biopreservation industry expansion. The favorable initiations by the government bodies in the form of funds, grants, and financial assistance have significantly accelerated research activities in the health care sector. Key Insights from Biopreservation Market :
3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Growing number of biobanks across the world for the preservation of DNA, stem cells, plasma, and tissue along with the increased acceptance of ART (assisted reproductive technology) is further complementing biopreservation market dynamics. The overall industry share from bio banking dominated the application landscape in 2015 and is anticipated to continue its prominence over 2016-2024. Some of the prominent organizations who are involved in these programs include Korea Bio-bank Project, Asian Cancer Research Group, China Kadoorie Bio-bank, International Cancer Genome Consortium, and Asian Pharmacoepidemiology Network. Growing deployment of biopreservation equipment in health care laboratories and research centers are the factors that can be given the credit for the market expansion. Prominent biopreservation industry participants include Thermo Fisher, Atlanta Biologicals, Lifeline Scientific, VWR International, and Biolife Solutions. Continued...
4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com U.S. Biopreservation Market size, by product, 2012- 2024 (USD Million)
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6 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Chapter 1. Methodology and Scope 1.1 Research Methodology 1.1.1 Initial data exploration 1.1.2 Statistical modeling and forecast 1.1.3 Industry insights and validation 1.2 Data Sources Chapter 2. Executive Summary 2.1 Biopreservation industry 3600 synopsis, 2012 - 2024 2.1.1 Business trends 2.1.2 Regional trends 2.1.3 Application trends Table of Content:
7 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Chapter 3. Biopreservation Industry Insights 3.1 Industry segmentation 3.2 Industry Size and forecast, 2012 - 2024 3.3 Industry Impact forces 3.3.1 Growth drivers 3.3.1.1 Increasing R&D Investments 3.3.1.2 Rising healthcare expenditure levels 3.3.1.3 Advancements in bio-preservation applications and growing trend of conserving cord blood stem cells of newborns 3.3.2 Industry pitfalls & challenges 3.3.2.1 Emergence of room temperature storage technology 3.4 Growth potential analysis 3.5 Porter's analysis 3.6 Competitive landscape, 2015 3.7 PESTEL analysis Table of Content:
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