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Biopreservation Market Share

Report ID: GMI762
Published Date: Sep 2022
Report Format: PDF

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Biopreservation Market Share

Arctiko A/S
Thermo Fisher Scientific Inc
PHC Holdings Corporation
Cryport, Inc
Eppendorf AG
Helmer Scientific
VWR International (Avantor, Inc.)
Biolife solutions
Azenta
Merck KGaA

are some of the key players in the biopreservation industry. The companies are focusing on diversifying their product portfolio and introducing new promising developments in the field, along with undertaking strategic acquisitions, to strengthen their industry position

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The global market size for biopreservation accounted for more than USD 4.5 billion in in 2021 and is set to progress at a CAGR of over 8% through 2030.

The biobanking application segment is expected to hold a revenue share of around 70% by 2030 owing to the rising number of biobanks worldwide.

Laboratory information management system (LIMS) segment is poised to reach USD 630 million by 2030 as a result of emerging technological advancements that are providing efficient biopreservation techniques.

Asia Pacific biopreservation market is expected to cross USD 2 billion by 2030 on account of snowballing investment in healthcare research activities in the APAC region.

The market size of high temperature overhead conductor crossed USD 197 million in 2022 with a growth prediction of 5% CAGR between 2023 and 2032, due to surge in energy consumption and increased spending on upgradation or retrofit of aging T&D infrastructure.

The high tension applications will grow at over 4.5% CAGR through 2032, with ongoing commercial expansion in developing nations and increased renewables integration worldwide.

APAC high temperature overhead conductor market value is estimated to witness over 6% CAGR from 2023 to 2032, with higher investments in upgrading electricity infrastructure and power generation capacity, especially across emerging economies.

Some of the major manufacturers in the market include Crompton Greaves Consumer Electricals Limited, Grundfos Holding A/S, Weatherford, Flowserve Corporation, Schlumberger Ltd., and Atlas Copco AB.