PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1400977
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1400977
Asia Pacific Biopreservation Market, By Product Type, By Application, By End-User, and By Country - Industry Analysis, Market Size, Market Share & Forecast from 2023-2030
REPORT HIGHLIGHT
Asia Pacific Biopreservation Market size was valued at USD 610 Million in 2022, expanding at a CAGR of 14.5% from 2023 to 2030.
Using technique of biopreservation, biological products such as stem cells, DNA, tissues, and organs which can have their natural lifespan extended outside of their original environments while still retaining their integrity and functionality. Technological developments that help lower the time, cost, and complexity of the entire process include microarrays or the incorporation of a variety of prediction models, including hybrid models, and different API algorithms.
Biopreservation Market- Market Dynamics
Increasing improved healthcare expenditure and rise in R&D activities are expected to propel market demand
The increasing R&D efforts of biotech and pharmaceutical firms in order to create and produce a vaccine that needed to be bio preserved. For instance, the pandemic led to the USFDA approving the EUA for three mRNA vaccines that Pfizer-BioNTech made in December 2020, Moderna in December 2020, and Janssen in February 2021, according to a paper published in the Stem Cells Translational Medicine Journal. The demand for using biopreservation to create biological products in research and development has increased across several industries, including immunotherapies, the manufacturing of vaccines and antibodies, enzyme technologies, and chemical compounds created biologically. In addition, growing expenditure on boosting healthcare infrastructure is also projected to propel the market growth.
Biopreservation Market- Key Insights
As per the analysis shared by our research analyst, the Asia Pacific market is estimated to grow annually at a CAGR of around 14.5% over the forecast period (2023-2030)
Based on Product Type segmentation, equipment segment was predicted to show maximum market share in the year 2022, advancements in technology, equipment in biopreservation have gained high demand in the market.
Based on Application segmentation, biobanking was the leading market in 2022, due to increasing acceptance of sperm and egg banking.
Based on End-User segmentation, medical was the leading market in 2022, due to increasing demand from regenerative medicinal needs, along with R&D requirements.
On the basis of country, China was the leading revenue generator in 2022 mainly due to the growing incidence of degenerative disorders.
Biopreservation Market- Segmentation Analysis:
The Asia Pacific Biopreservation Market is segmented on the basis of Product Type, Application, End-User, and Region.
The market is divided into four categories based on Product Type: Equipment, media, LIMS, and others. The equipment dominates the market. The rising in demand due to bio preservation of stem cells, DNA, tissue culture, etc.
The market is divided into three categories based on Application: regenerative medicine, bio-banking, drug discovery. The biobanking dominates the market and is likely to maintain its dominance during the forecast period. Pharmaceutical & biotech companies have collaborations with reserve biobanks and tissue preservation with hospitals.
The market is divided into four categories based on End-User: hospitals, medical, pharmaceutical & biotech, and others. Pharmaceutical & biotech segment held the largest share in 2022. The growing opportunities for biologics manufacturing and preservation are mainly boosting the market growth.
Biopreservation Market- Country Insights
Country wise, this market is widespread into India, China, South Korea, Japan, Australia, Thailand, Indonesia, Philippines, Malaysia, Taiwan, Vietnam, Hong Kong, New Zealand, Singapore, Myanmar, and the rest of the Asia-Pacific (APAC) region.
Biopreservation Market- Competitive Landscape:
Supporting government initiatives and competitive rivalry will bode well to the market's expansion. Further, a rise in the number of R&D developments undertaken by leading industry participants contributes to the market's growth. This will present advantageous prospects for the growth of the global Biopreservation market. In addition, the biopreservation utility, which preserves cells, tissues, and organs ex vivo for storage, shipment, and transportation, is expected to increase due to the government's substantial investment in drug discovery.
Recent Developments:
In July 2022, in Chennai, India, Cellutions BioStorage, a cryopreservation bank, will open for business. Cellutions BioStorage is a biomaterial storage and full-service logistics company that works with biopharmaceutical businesses who wish to outsource every aspect of supply chain management across a product's lifetime. The 25,000 square foot, recently completed building has top-notch infrastructure.
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
ASIA PACIFIC BIOPRESERVATION MARKET KEY PLAYERS
BioCision LLC
BioLife Solutions
Panasonic Corporation
Cesca Therapeutics Inc.
Core Dynamics Ltd
Custom Biogenic Systems Inc.
Lifeline Scientific Inc.
Merck KGaA
Princeton CryoTech Inc.
Azenta US Inc.
Thermo Fisher Scientific Inc.
MVE Biological Solutions
VWR International
Others
ASIA PACIFIC BIOPRESERVATION MARKET, BY PRODUCT TYPE
Equipment
Media
LIMS
Others
ASIA PACIFIC BIOPRESERVATION MARKET, BY APPLICATION
Regenerative medicine
Bio-banking
Drug discovery
ASIA PACIFIC BIOPRESERVATION MARKET, BY END-USER
Hospitals
Medical
Pharmaceutical & biotech
Others
ASIA PACIFIC BIOPRESERVATION MARKET, BY REGION
Asia Pacific
India
China
South Korea
Japan
Australia
Thailand
Indonesia
Philippines
Malaysia
Taiwan
Vietnam
Hong Kong
New Zealand
Singapore
Myanmar
Rest of APAC
Table of Contents
1. Asia Pacific Biopreservation Market Overview
- 1.1. Study Scope
- 1.2. Market Estimation Years
2. Executive Summary
- 2.1. Market Snippet
- 2.1.1. Asia Pacific Biopreservation Market Snippet by Product Type
- 2.1.2. Asia Pacific Biopreservation Market Snippet by Application
- 2.1.3. Asia Pacific Biopreservation Market Snippet by End-User
- 2.1.4. Asia Pacific Biopreservation Market Snippet by Country
- 2.1.5. Asia Pacific Biopreservation Market Snippet by Region
- 2.2. Competitive Insights
3. Biopreservation Key Market Trends
- 3.1. Asia Pacific Biopreservation Market Drivers
- 3.1.1. Impact Analysis of Market Drivers
- 3.2. Asia Pacific Biopreservation Market Restraints
- 3.2.1. Impact Analysis of Market Restraints
- 3.3. Asia Pacific Biopreservation Market Opportunities
- 3.4. Asia Pacific Biopreservation Market Future Trends
4. Biopreservation Industry Study
- 4.1. PEST Analysis
- 4.2. Porter's Five Forces Analysis
- 4.3. Growth Prospect Mapping
- 4.4. Regulatory Framework Analysis
5. Asia Pacific Biopreservation Market: COVID-19 Impact Analysis
- 5.1. Pre-COVID-19 Impact Analysis
- 5.2. Post-COVID-19 Impact Analysis
- 5.2.1. Top Performing Segments
- 5.2.2. Marginal Growth Segments
- 5.2.3. Top Looser Segments
- 5.2.4. Marginal Loss Segments
6. Asia Pacific Biopreservation Market Landscape
- 6.1. Asia Pacific Biopreservation Market Share Analysis, 2022
- 6.2. Breakdown Data, by Key Manufacturer
- 6.2.1. Established Players' Analysis
- 6.2.2. Emerging Players' Analysis
7. Asia Pacific Biopreservation Market - By Product Type
- 7.1. Overview
- 7.1.1. Segment Share Analysis, By Product Type, 2022 & 2030 (%)
- 7.1.2. Equipment
- 7.1.3. Media
- 7.1.4. LIMS
- 7.1.5. Others
8. Asia Pacific Biopreservation Market - By Application
- 8.1. Overview
- 8.1.1. Segment Share Analysis, By Application, 2022 & 2030 (%)
- 8.1.2. Regenerative medicine
- 8.1.3. Bio-banking
- 8.1.4. Drug discovery
9. Asia Pacific Biopreservation Market - By End-User
- 9.1. Overview
- 9.1.1. Segment Share Analysis, By End-User, 2022 & 2030 (%)
- 9.1.2. Hospitals
- 9.1.3. Medical
- 9.1.4. Pharmaceutical & biotech
- 9.1.5. Others
10. Asia Pacific Biopreservation Market- By Country
- 10.1. Introduction
- 10.1.1. Segment Share Analysis, By Country, 2022 & 2030 (%)
- 10.2. Asia Pacific
- 10.2.1. Overview
- 10.2.2. Biopreservation Key Manufacturers in Asia Pacific
- 10.2.3. Asia Pacific Market Size and Forecast, By Country, 2018 - 2030 (US$ Million)
- 10.2.4. Asia Pacific Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
- 10.2.5. Asia Pacific Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 10.2.6. Asia Pacific Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
- 10.2.7. India
- 10.2.7.1. Overview
- 10.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 10.2.7.3. India Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
- 10.2.7.4. India Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 10.2.7.5. India Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
- 10.2.8. China
- 10.2.8.1. Overview
- 10.2.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 10.2.8.3. China Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
- 10.2.8.4. China Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 10.2.8.5. China Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
- 10.2.9. South Korea
- 10.2.9.1. Overview
- 10.2.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 10.2.9.3. South Korea Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
- 10.2.9.4. South Korea Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 10.2.9.5. South Korea Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
- 10.2.10. Japan
- 10.2.10.1. Overview
- 10.2.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 10.2.10.3. Japan Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
- 10.2.10.4. Japan Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 10.2.10.5. Japan Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
- 10.2.11. Australia
- 10.2.11.1. Overview
- 10.2.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 10.2.11.3. Australia Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
- 10.2.11.4. Australia Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 10.2.11.5. Australia Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
- 10.2.12. Thailand
- 10.2.12.1. Overview
- 10.2.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 10.2.12.3. Thailand Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
- 10.2.12.4. Thailand Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 10.2.12.5. Thailand Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
- 10.2.13. Indonesia
- 10.2.13.1. Overview
- 10.2.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 10.2.13.3. Indonesia Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
- 10.2.13.4. Indonesia Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 10.2.13.5. Indonesia Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
- 10.2.14. Philippines
- 10.2.14.1. Overview
- 10.2.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 10.2.14.3. Philippines Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
- 10.2.14.4. Philippines Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 10.2.14.5. Philippines Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
- 10.2.15. Malaysia
- 10.2.15.1. Overview
- 10.2.15.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 10.2.15.3. Malaysia Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
- 10.2.15.4. Malaysia Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 10.2.15.5. Malaysia Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
- 10.2.16. Taiwan
- 10.2.16.1. Overview
- 10.2.16.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 10.2.16.3. Taiwan Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
- 10.2.16.4. Taiwan Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 10.2.16.5. Taiwan Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
- 10.2.17. Vietnam
- 10.2.17.1. Overview
- 10.2.17.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 10.2.17.3. Vietnam Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
- 10.2.17.4. Vietnam Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 10.2.17.5. Vietnam Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
- 10.2.18. Hong Kong
- 10.2.18.1. Overview
- 10.2.18.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 10.2.18.3. Hong Kong Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
- 10.2.18.4. Hong Kong Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 10.2.18.5. Hong Kong Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
- 10.2.19. New Zealand
- 10.2.19.1. Overview
- 10.2.19.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 10.2.19.3. New Zealand Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
- 10.2.19.4. New Zealand Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 10.2.19.5. New Zealand Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
- 10.2.20. Singapore
- 10.2.20.1. Overview
- 10.2.20.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 10.2.20.3. Singapore Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
- 10.2.20.4. Singapore Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 10.2.20.5. Singapore Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
- 10.2.21. Myanmar
- 10.2.21.1. Overview
- 10.2.21.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 10.2.21.3. Myanmar Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
- 10.2.21.4. Myanmar Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 10.2.21.5. Myanmar Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
- 10.2.22. Rest of APAC
- 10.2.22.1. Overview
- 10.2.22.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 10.2.22.3. Rest of APAC Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
- 10.2.22.4. Rest of APAC Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 10.2.22.5. Rest of APAC Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
11. Key Vendor Analysis- Asia Pacific Biopreservation Industry
- 11.1. Competitive Dashboard
- 11.2. Company Profiles
- 11.2.1. BioCision LLC
- 11.2.2. BioLife Solutions
- 11.2.3. Panasonic Corporation
- 11.2.4. Cesca Therapeutics Inc.
- 11.2.5. Core Dynamics Ltd
- 11.2.6. Custom Biogenic Systems Inc.
- 11.2.7. Lifeline Scientific Inc.
- 11.2.8. Merck KGaA
- 11.2.9. Princeton CryoTech Inc.
- 11.2.10. Azenta US Inc.
- 11.2.11. Thermo Fisher Scientific Inc.
- 11.2.12. MVE Biological Solutions
- 11.2.13. VWR International
- 11.2.14. Others
12. 360 Degree Analyst View
13. Appendix
- 13.1. Research Methodology
- 13.2. References
- 13.3. Abbreviations
- 13.4. Disclaimer
- 13.5. Contact Us
