(PharmaNewsWire.Com, March 23, 2020 ) Market Overview The Global Biopreservation market was valued at USD xx million in 2018 and is forecasted to reach USD xx million by 2026, with a CAGR of xx% during the forecast period (2019-2026).
Market Growth The market growth is driven by several factors such as increasing healthcare expenditure, favorable government initiatives in the form of funds, contracts, grants, and other funding mechanisms.
Biopreservation Media • Freeze Media • Hypothermic Storage • Shipping Media.
By Biopreservation Equipment • Freezers • Cryosystems • Thawing Equipment, • Other Equipment.
By Sample • Organs, Cells • Blood • Others.
By End-User • Biobanks • Drug Discovery Industries • Hospitals • Others.
The biobanks segment accounted for the largest market share due to the increasing harmonization of biobanks and research collaborations.
The need for the clinical samples to perform translational research is increasing, especially cancer research which is boosting the demand for biobanking during the forecast period.
Geographical Analysis • North America • Europe • South America • Asia Pacific • The Middle East and Africa
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