Tissue Banking Market Report: Trends, Forecast and Competitive Analysis to 2030

Tissue Banking Trends and Forecast

The future of the global tissue banking market looks promising with opportunities in the therapeutic and medical research applications. The global tissue banking market is expected to reach an estimated $3.4 billion by 2030 with a CAGR of 11.7% from 2024 to 2030. The major drivers for this market are growing demand for tissue transplantation and regenerative medicine, increasing need for tissue banking in the drug discovery procedure, and augmenting preference for cosmetic surgeries.

A more than 150-page report is developed to help in your business decisions.

Tissue Banking by Segment

The study includes a forecast for the global tissue banking by product, service, application, end use, and region.

Tissue Banking Market by Product [Shipment Analysis by Value from 2018 to 2030]:

• Equipment
• Consumables
• Media
• Accessories

Tissue Banking Market by Service [Shipment Analysis by Value from 2018 to 2030]:

• Screening
• Tissue Retrieval
• Testing
• Processing
• Quarantine Storage
• Others

Tissue Banking Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Therapeutics
• Medical Research
• Others

Tissue Banking Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Biobanks
• Hospitals and Clinics
• Research and Academic Institutes
• Others

Tissue Banking Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Tissue Banking Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies tissue banking companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the tissue banking companies profiled in this report include-

• Thermo Fisher Scientific
• Sigma-Aldrich
• Panasonic Biomedical
• Custom Biogenic
• Taylor-Wharton
• AbD Serotec
• EMD Millipore
• Organ Recovery Systems

Tissue Banking Market Insights

Lucintel forecasts that equipment is expected to witness highest growth over the forecast period.

Medical research is expected to witness higher growth over the forecast period.

North America is expected to witness highest growth over the forecast period due to rising number of pharmaceutical firms, rising concern among medical staff and healthcare experts for tissue donation, and presence of robust healthcare infrastructure in the region.

Features of the Global Tissue Banking Market

Market Size Estimates: Tissue banking market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Tissue banking market by various segments, such as by product, service, application, end use and region in terms of($B).

Regional Analysis: Tissue banking market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different products, services, applications, end uses, and region.s for the tissue banking market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the tissue banking market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1. What is the tissue banking market size?

Answer: The global tissue banking market is expected to reach an estimated $3.4 billion by 2030.

Q.2. What is the growth forecast for tissue banking market?

Answer: The global tissue banking market is expected to grow with a CAGR of 11.7% from 2024 to 2030.

Q.3. What are the major drivers influencing the growth of the tissue banking market?

Answer: The major drivers for this market are growing demand for tissue transplantation and regenerative medicine, increasing need for tissue banking in the drug discovery procedure, and augmenting preference for cosmetic surgeries.

Q.4. What are the major segments for tissue banking market?

Answer: The future of the tissue banking market looks promising with opportunities in the therapeutic and medical research applications.

Q.5. Who are the key tissue banking market companies?

Answer: Some of the key tissue banking companies are as follows:

• Thermo Fisher Scientific
• Sigma-Aldrich
• Panasonic Biomedical
• Custom BioGenic
• Taylor-Wharton
• AbD Serotec
• EMD Millipore
• Organ Recovery Systems

Q.6. Which tissue banking market segment will be the largest in future?

Answer: Lucintel forecasts that equipment is expected to witness highest growth over the forecast period.

Q.7. In tissue banking market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness highest growth over the forecast period due to rising number of pharmaceutical firms, rising concern among medical staff and healthcare experts for tissue donation, and presence of robust healthcare infrastructure in the region.

Q.8. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the tissue banking market by product (equipment, consumables, media, and accessories), service (screening, tissue retrieval, testing, processing, quarantine storage, and others), application (therapeutics, medical research, and others), end use (biobanks, hospitals and clinics, research and academic institutes, and others), and region. (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?