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Asia-Pacific Biopreservation Market quickly expanding to reach USD 883.1 million by 2021

 



(EMAILWIRE.COM, April 02, 2018 ) The Asia-Pacific Biopreservation Market is currently estimated to be a $416.8 Million market in 2016 and is forecasted to reach $883.1 million by 2021 with a significant growth rate of 16.2% in the review period. The growing prevalence of chronic diseases like acute respiratory diseases, diabetes, cardiovascular diseases and cancer has increased the demand for biopreservation. Life sciences companies have been increasingly using biopreservation media to develop cell and tissue related therapies. Many large academic institutions, healthcare institutions, governments, bio technology and pharmaceutical companies are investing in bio banks and biorepositories clinical research.

Browse market data tables and in-depth TOC of the Asia-Pacific Biopreservation Market to 2021 @ https://marketdataforecast.com/market-reports/asia-pacific-biopreservation-market-1011/

Biopreservation is a process where the biological samples are stored in a sustainable environment. Bio-samples that are stored typically include cells, plasma, tissues, saliva, organs and body fluids. To improve the efficiency of biobanks, they are adopting software tools and automated systems. With the growing volume of human bio-samples, there is a need for efficient utilization of storage space down to each freezer unit or a refrigerator. The emergence of Radio Frequency Identification Systems (RFIS) and Micro Electromechanical Systems (MEMS) as an error free and cost effective technology for labelling the bio-specimens, biobanks are able to serve many long term benefits compared to the traditional methods.

The biopreservation market is driven by the rising healthcare spending, increasing demand to preserve new-born’s cord cells, rising R&D expenditure on advances in regenerative market, biobanks and drug discovery. The growth of the market is also fuelled by the advancements in personalized diagnostics medicines and increased facilities in biopreservation applications. However, the market has to overcome a few restraints that is proving to be fatal to the growth of the market which include stability issues of a specimen and high costs relating to biopreservation.

Free sample of the report is available @ https://marketdataforecast.com/market-reports/asia-pacific-biopreservation-market-1011/request-sample

The Asia-Pacific biopreservation market is categorised by product type as lab information system management, biopreservation media and biopreservation equipment. By bio-specimens, the market is segmented into organs, stem cells, human tissue samples and other bio-specimens. On the basis of application, the market is categorised as research applications, therapeutics applications, clinical trials and other applications. By end-users, the market is divided into hospitals, gene banks, biobanks and others. Based on geography, Asia-Pacific is segmented as China, India, Japan, South Korea and Australia.

The key players in the market are VWR Corporation, Thermo Fisher Scientific, Inc., BioLife Solutions, Taylor-Wharton, So-Low Environmental Equipment Co., Panasonic Corporation, Sigma-Aldrich Corporation, BioCision LLC, Cesca Therapeutics Inc., and Lifeline Scientific Inc.

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The scope of the report provides:
• The evaluation of the current market for your product or services and the future implications of the market
• Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future
• Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment
• Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share
• The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porter’s Five Forces
• The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors
• Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments
• Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence
• Equip you with the information providing with the investment opportunities in the industry

Looking for more? If you are in need of a specific research study, we have an expertise in undertaking a customized study and will aid to meet your research requirement to the fullest.

Order your copy of the report: https://marketdataforecast.com/cart/buy-now/asia-pacific-biopreservation-market-1011/

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Market Data Forecast.

Abhishek Shukla

+1-888-702-9626

abhishek@marketdataforecast.com

Source: EmailWire.Com


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