Europe Biopreservation Market, By Product Type (Biopreservation Media, Biopreservation Equipment), Biospecimens (Human Tissue Samples, Organs, Stem Cells, Other Biospecimens), Application (Therapeutic Applications, Research Applications, Clinical Trials, Other Applications), End User (Bio Banks, Gene Banks, Hospitals, Other End Users), Country (Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe) Industry Trends and Forecast to 2028
Market Analysis and Insights : Europe Biopreservation Market
Europe biopreservation market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to grow at a CAGR of 12.65% in the above mentioned forecast period.
Biopreservation is a type of a method which helps in the conservation of bio specimens such as purified DNA, saliva, and plasma. This method chiefly ensures purity and constancy and upsurges the shelf life. Biopreservation helps in the storage of tissues, organs, cells, and in food safety.
The major factors for the growth of the biopreservation market in Europe include rising prevalence of chronic diseases such as renal diseases, cardiac, diabetes and obesity. Moreover, increasing R&D investment in drug discovery is fueling the market growth over the forecast period of 2021 to 2028. The growing investment in regenerative medicine research is also exceedingly influencing the growth of the Europe biopreservation market. Also the subsistence of government healthcare initiatives for growth has resulted in providing advanced growth to research activities by numerous companies. This in turn has resulted in high adoption of advanced bio preservation services and is expected to fuel the market growth during the forecast period.
Moreover, rising geriatric population and rapid surge in the acceptance of biopreservation is also adding to the market growth. Likewise, factors such as the increasing healthcare expenditure, upsurge in healthcare spending is a consequence of rapid economic development across the globe and technological advancements in biopreservation processes are some of the key aspects driving the market of Europe biopreservation market. In addition, several hospitals, gene banks, and bio-banks, which are noteworthy end-users for this market, are cheering major players to expand technologically advanced biopreservation products to enhance patient outcomes thereby having a positive impact on the growth of the target market. While, the high cost of advanced techniques and various stability issues due to tissue injury during freezing and thawing are expected to impede the growth of the Europe biopreservation market in the above mentioned forecast period. Additionally, the rapidly growing demand for personalized medicine is also lifting the growth of the Europe biopreservation market. Following, the advances in bio banking and the rising trend of conserving cord blood stem cells of newborns will also drive the Europe biopreservation market growth.
The increasing demand for organ transplants and increasing number of research studies in the field of biopreservation will create ample growth opportunities for the Europe biopreservation market to grow in the forecast period of 2021 to 2028. The increasing demand for room temperature storage technologies and interruption of research activities and clinical trials due to the COVID-19 pandemic will challenge the growth of the Europe biopreservation market.
This Europe biopreservation market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Europe biopreservation market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Europe Biopreservation Market Scope and Market Size
Europe biopreservation market is segmented on the basis of product type, biospecimens, application and end user. The growth amongst these segments will help you analyze meager growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on product type, the Europe biopreservation market is segmented into biopreservation media and biopreservation equipment. Biopreservation media is further segmented into nutrient media, sera and growth factors and supplements. Biopreservation equipment is further segmented into temperature control systems, accessories, alarms and monitoring systems, incubators, centrifuges and other equipment. Temperature control systems have further been sub-segmented into freezers, cryogenic storage system, thawing equipment and refrigerators.
- On the basis of biospecimens, the Europe biopreservation market is segmented into human tissue samples, organs, stem cells and other biospecimens.
- The application segment of the Europe biopreservation market is segmented into therapeutic applications, research applications, clinical trials and other applications.
- On the basis of end user, the Europe biopreservation market is segmented into bio banks, gene banks, hospitals and other end users.
Europe Biopreservation Market Country Level Analysis
Europe biopreservation market is analyzed and market size insights and trends are provided by country, product type, biospecimens, application and end user as referenced above.
The countries covered in the Europe biopreservation market report are Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey and Rest of Europe in Europe.
U.K. is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the rising government support in networking of bio-banks such as the U.K. Biobank and international collaborations for increasing the scope of bio-banking.
The country section of the Europe biopreservation market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of regional brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Europe biopreservation market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for Europe biopreservation market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the Europe biopreservation market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Europe Biopreservation Market Share Analysis
Europe biopreservation market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Europe biopreservation market.
The major players covered in the Europe biopreservation market report are BioCision, Brooks Life Sciences, ProMedDx, Provia Laboratories LLC, ReproTech Limited, QIAGEN, Sigma-Aldrich Co., and Lifeline Scientific among other. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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