Rising Numbers of Research Activities in Biotechnology to Drive Global Biopreservation Market

Published By : 01 Jul 2016 | Published By : QYRESEARCH

Modern day medicine has long passed the genomic era where decoding human genome was considered the only way of finding the genetic basis and the eventual cure for human diseases. It is presently in a phase where new disciplines are being discovered by fusing manipulative engineering with medical sciences to provide remedies for various autoimmune diseases, degenerative diseases, and even aging.

Rapid advances are being observed in the field of medicine and cell-based disciplines such as tissue engineering, cell transplantation, biopharmaceutical research and cell therapy. This has brought an increased demand for the proper procurement, preservation, processing, and banking of the biospecimen gathered, either from natural sources or through laboratory experiments.

Biopreservation is a technique that controls the biochemical reactions of certain organisms present in cells, tissues or any natural body so as to sustain functionality of the specimen, even after it is exposed for a prolonged time to otherwise lethal conditions. Biopreservation is undertaken by the virtue of controlled temperatures and the use of substances such as liquid nitrogen.
Formulating and implementing effective ways for biopreservation is as necessary as the acquisition of biospecimen. This is essentially necessary to process, store, transport, distribute and ensure an on-demand supply, extended shelf life and stabilization of these products.

In recent times, there has been a huge rise in research activities in various fields of biotechnology leading to an added demand for effective biopreservation instruments and products. This include an increased demand for equipment such as refrigerators, freezers, liquid nitrogen tanks and consumables, along with media and laboratory information management systems (LIMS).

Biopreservation consumables are witnessing vast increase in demand owing to the rising consumption of products such as cryo vials, cryo bags, gloves, cryo tubes and other consumables from existing biopreservation organizations.

Need for automation in storage facilities has led to the growth of market for laboratory information management systems. This demand is estimated to be seen majorly in developed economies such as US, Japan, Canada, Germany and France, however, steady growth in demand is also anticipated from developing economies.

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