owing to the rise in population base suffering from life threatening disorders. Moreover, increasing investments
by government in R&D is leading to an urgent need for bio-storage, therefore providing a boost to the regional
market.
Market Share Insights
The key players holding a significant share of the biopreservation market include Qiagen, Thermo Fisher
Scientific Inc, Panasonic Biomedical, Atlanta Biologicals, LabVantage Solutions Inc., Chart MVE Biomedical,
BioLife Solutions Inc., Biomatrica and BioCision. The strategic initiatives by the company including acquisitions,
mergers and new product launches are done to maintain and gain a competitive edge. For instance, ATCC and
BioCision in May 2013 entered in an agreement to distribute and develop line of CoolProducts having a wide
array of applications in wielding procedures and biomaterials storage.
Market Segment:
Biopreservation Product Outlook (Revenue, USD Billion, 2012 - 2022)
• Equipment
• Freezers
• Refrigerators
• Consumables
• Vials
• Straws
• Microtiter Plates
• Bags
• Liquid Nitrogen
• Media
• Pre-formulated
• Home-brew
• Laboratory Information Management System (LIMS)
Biopreservation Application Outlook (Revenue, USD Billion, 2012 - 2022)
• Regenerative Medicine
• Cell therapy
• Gene therapy
• Others
• Bio-banking
• Human eggs
• Human sperms