Biopreservation is the process of preserving food and increasing the shelf life with natural or controlled microbiota or antimicrobials. biopreservation helps in controlling of spoilage of food. The biopreservation especially utilizing lactic acid bacteria (LAB) that are inhibitory to food spoilage microbes, has been practiced since early ages, at first unconsciously but eventually with an increasingly robust scientific foundation. Thus, equipment such as refrigerator, freezer, liquid nitrogen and consumables.
MARKET SCOPE
The "Biopreservation Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of biopreservation market with detailed market segmentation product, application, biospecimens, end user and geography. The biopreservation market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in biopreservation market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
? Based on the product biopreservation market is segmented as biopreservation equipment and biopreservation media.
? Based on application, the market is segmented as, therapeutic applications, research applications, clinical trials and other applications
? Based on biospecimens, the market is segmented as stem cells, organs, human tissue samples, human tissue samples and, other biospecimens.
? Based on end user, the market is segmented as gene bank, hospitals, biobanks and, others end users.
MARKET DYNAMICS
Drivers
? Increasing healthcare expenditure in many countries.
? Increasing adoption of advanced technologies
? Technologically advanced biopreservation methods
Restraints
? High cost of biopreservation equipment
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the biopreservation market based on various segments. It also provides market size and forecast estimates from year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The biopreservation market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting biopreservation market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the biopreservation market in these regions.
IMPACT OF COVID-19 ON BIOPRESERVATION MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. This negatively affected the market.
MARKET PLAYERS
The report covers key developments in the Biopreservation market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Biopreservation market are anticipated to have lucrative growth opportunities in the future with the rising demand for Biopreservation in the global market. Below mentioned is the list of few companies engaged in the Biopreservation market.
The report also includes the profiles of key players in Biopreservation market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
? BioLifeSolutions Inc.
? Lifeline Scientific
? Chart Industries
? LabVantage Solutions, Inc.
? QIAGEN
? BIOGENICS, INC.
? Helmer Scientific.
? BioCision.
? Merck KGaA,
? Sigma-Aldrich Co.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.