According to the latest report by IMARC Group, titled “Tissue Banking Market: Global Industry Trends, Share, Size, Growth, Opportunities and Forecast 2022-2027”, the global tissue banking market reached a value of 1 .46 billion in 2021. Looking ahead, IMARC Group expects the market to reach US$2.83 billion by 2027 growing at a CAGR of 11.9% over the period 2022-2027.
Base year: 2021
Forecast year: 2022-2027
Download a free sample of the report: https://www.imarcgroup.com/tissue-banking-market/requestsample
Tissue Banking Market Industry Definition and Application:
Tissue banking represents the process of preparing, collecting and storing transplantable human tissues for potential therapeutic purposes. The tissues obtained are used to replace and heal affected or lost patient tissues. With this in mind, they are also used to repair damaged heart muscles, treat spinal cord injuries, heal skin from severe burns, and more. Currently, there are many advances in clinical trials and biomedical research. Therefore, tissue preservation and banking are gaining popularity around the world.
As the novel coronavirus (COVID-19) crisis engulfs the world, we continuously monitor changes in markets, as well as industry consumer behaviors around the world and our estimates on the latest market trends and forecasts are made. after considering the impact of this pandemic.
Tissue Banking Market Trends and Drivers:
Expanding geriatric population and sudden onset of COVID-19 pandemic are mainly driving the tissue banking market. Additionally, the growing number of people undergoing surgeries is increasing the use of human tissue allografts which are adopted to repair limbs, relieve pain and improve the quality of life of patients. In addition, researchers rely on tissue banks to understand cellular responses and the biological impact of infection, collect tissue samples, identify new therapeutic interventions and prevention strategies, etc., which acts as another important growth factor. Moreover, the growing popularity of tissue banks for transplantation of tendons, corneas, bones, heart valves, skin, etc., is also positively influencing the global market. Apart from this, they can minimize the risk of bacterial and fungal contamination of tissues by using aseptic surgical equipment, techniques and supplies when processing and storing donor tissues. Additionally, the emerging trend of cosmetic surgeries, owing to inflation in disposable income levels and growing consumer awareness regarding physical appearances, is expected to fuel the tissue banking market during the period of forecast.
Browse the full report with TOC: https://www.imarcgroup.com/tissue-banking-market
2022-2027 Tissue Banking Market Analysis and Segmentation:
The report has segmented the market based on region, product, application, and fabric type.
Breakdown by product:
Quality control equipment
Media and Consumables
Breakdown by application:
Breakdown by fabric type:
Breakdown by region:
North America (USA, Canada)
Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
Who are the key tissue banking market players?
The report provides a detailed analysis of market leaders including.
AMS Biotechnology, Beckman Coulter Inc. (Danaher Corporation), Bio-Rad Laboratories Inc., Brooks Life Sciences Inc. (Brooks Automation Inc.), Eppendorf AG, Merck KGaA, PHC Corporation, QIAGEN NV, Sartorius AG, Taylor-Wharton, Thermo Fisher Scientific Inc. and VWR International LLC (Avantor Inc).
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