Global Biopreservation Market Set to Surpass USD 7.1 Billion by 2029 | MarketsandMarkets™
Advancements in healthcare expenditure, research investment, and regenerative medicine are fueling growth while storage logistics remain a critical challenge
Delray Beach, FL,, Oct. 08, 2025 (GLOBE NEWSWIRE) -- formation, and contamination risks threaten sample viability. Ensuring consistent global transportation standards will be a key differentiator for market leaders, particularly as demand for international collaboration and sample sharing increases.
Request Sample Pages : https://www.marketsandmarkets.com/requestsampleNew.asp?id=68168578
Market Ecosystem: Who Leads the Space
The biopreservation market is consolidated and led by Thermo Fisher Scientific (US), Merck KGaA (Germany), PHC Holdings Corporation (Japan), and Azenta, Inc. (US). These companies bring strong product portfolios, global footprints, and advanced R&D capabilities. Other notable players include Sartorius AG, Avantor, Bio-Techne, BioLife Solutions, Cryoport, and ThermoGenesis Holdings.
Segment Insights: What to Expect by 2023 and Beyond
- By Product: Biopreservation media held the largest share in 2023 due to its recurring demand, but the equipment segment is projected to grow at the highest rate.
- By Application: Research applications dominated in 2023, supported by rising investment in personalized medicine, drug discovery, and cell-based research.
- By End User: Biobanks accounted for the largest market share, reflecting increased government funding and collaborative research activity.
- By Region: North America leads the market, with strong government funding, industry partnerships, and the presence of leading players. Meanwhile, the Asia Pacific region is expected to witness the fastest growth, particularly in China, Japan, and India.
Recent Industry Developments: When Innovation Meets Investment
- Merck (2024): Invested USD 321.7 million in a new Bioprocessing Production Center in South Korea, creating 300 jobs by 2028.
- Thermo Fisher (2024): Launched the TSX Universal Series ULT Freezers, enhancing sustainability and performance.
- Avantor (2023): Partnered with Tobin Scientific to expand biopharma cold chain logistics solutions in the U.S.
Strategic Outlook: Why This Matters Now
The convergence of rising healthcare spending, technological innovation, and breakthrough therapies positions biopreservation as a cornerstone of the future healthcare ecosystem. For decision-makers, the market represents not just an operational necessity but a strategic investment in enabling the next generation of regenerative medicine, transplant success, and advanced biomedical research.
About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook. Contact: Mr. Rohan Salgarkar MarketsandMarkets™ INC. 1615 South Congress Ave. Suite 103, Delray Beach, FL 33445, USA: +1-888-600-6441 Email: sales@marketsandmarkets.com Visit Our Website: www.marketsandmarkets.com
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
