Tissue Banking Market Research Report 2016 Tissue Banking Market - Global Industry Analysis,

Tissue Banking Market - Global Industry Analysis, Size, Share,
Growth, Trends, and Forecast 2014 – 2024
Global Tissue Banking Market: Overview
Tissue banking refers to recovery and collection of human cadaver tissue for medical purposes. The
tissues are stored under cryogenic conditions for keep them safe and usable. Technological
developments, growing geriatric pool, and increasing blood donations are collectively expected to fuel
the growth of the global tissue banking market in the coming years.
The research report on the global tissue banking market offers a detailed outlook on the market
dynamics. The market has been assessed using Porter’s five forces analysis and SWOT analysis to
determine the various factors likely to influence the trajectory of the overall market.
This 170 page report gives readers a comprehensive overview of the Tissue Banking market Browse
through 24 data tables and 66 figures to unlock the hidden opportunities in this market.
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Global Tissue Banking Market: Key Trends
The research report states that the global tissue banking market is likely to be worth US$2.1 bn by the
end of 2024. During the forecast period of 2016 and 2024, the global market is projected to rise at a
CAGR of 11.3%. The soaring demand for regenerative medicines, which are instrumental for creating
functional and living tissues for repairing the impaired ones is expected to augment the demand for
tissue banking. Such kind of replacement or repair is frequently seen in treating neurological and
cardiovascular disorders, several types of cancers, and diabetes. The shortage of organ donations
has led to a massive potential for regenerative medicine, which, in turn has triggered a massive
demand for tissue banking.
Global Tissue Banking Market: Segmentation
In terms of application, the global tissue banking market is segmented into clinical and therapeutic,
drug discovery, and research and development. Of these, the freezers segment held a dominant share
in the global market in 2015. This application is projected to witness a high demand in the coming
years due to a growing need for organ transplants, regenerative medicines, blood transfusions,
vaccines, and cellular therapies. The segment also stands to benefit from the exponential population
growth, increasing expenditure on healthcare, and increasing usage of a wide range of tissues for
research and development purposes.
The demand for freezers is expected to improve in the coming years as they are being developed to
offer temperatures as low as -86°C for storage of tissues on a long-term basis. The demand for storage