Tissue Banking Market Growth, Market Insights and Forecast to 2025

Posted by rekha on September 20th, 2019

Precision Business Insights (PBI) in its report titled “Global Tissue Banking Market” Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024” assesses the market performance over seven years forecast period over 2018-2024. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period.

The global tissue banking market was valued at US$ XX Mn in 2017 and increasing at a significant CAGR over the forecast timeframe owing to Rise in demand for regenerative medicines, the prevalence of cancer, diabetes, cardiovascular diseases, and other diseases related to change in life style, technological advancements in the tissue storage technologies, increasing healthcare expenditure, enhanced awareness regarding tissue donation, and establishment of various tissue bank are expected to drive the global pain treatment market. However, the stringent regulatory requirement due to the needles are anticipated to hinder the revenue share of global pain treatment market.

Global tissue banking market segmented on the basis of tissue type, equipment, end user and region

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Eye Tissue Dominates the Global Tissue Banking Market

Based on the type of tissue, global tissue banking market segmented into cardiac tissues, liver tissues, lung tissues, eye tissues, umbilical cords, and other tissues. Among them eye tissues segment dominated the global tissue banking market in 2018 and estimated to dominate over the forecast period owing to the increase in number of eye banks, enhanced awareness regarding the eye donation, increased number of patient suffering from various eye related diseases, technological advancements in ophthalmology, innovation of newer operational methods, corneal tissue storage methods are driving the market over the forecast years. However, a significant growth rate observed for the cardiac tissues, among them majorly for the heart valves due to increase in prevalence of cardiovascular diseases and obesity.

North America Leads the Global Tissue Banking Market

 

PBI’s global tissue banking market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis, North America accounted for larger revenue share through 2013-2017 and expected to dominate over 2018-2024. Increase in prevalence of cardiovascular diseases, increase in healthcare expenditure, increased awareness regarding the tissue replacement therapies, availability of advanced healthcare services and facilities are anticipated to propel the market. Asia pacific Tissue Banking market projected to exhibit significant growth due to rise in awareness regarding the tissue donation, increase in prevalence of various metabolic diseases, new product launches, increasing number of tissue banks in China and India are likely to boost the market growth in this region.

 

Launch of newer types of therapies, treatment centers, and strategic alliances are the key strategies adopted by market players

 

Global tissue banking market further reveals that the key players increasingly adopting strategies such as launch of newer types of therapies, treatment centers, and long term alliance to improve market revenue share and gaining significant geographic presence across the region.

Key player’s profiles in the report are

  •  Thermo Fisher Scientific Inc. (US)
  • Brooks Automation, Inc. (US)
  • BioLife Solutions (US)
  • PHC Corporation
  • LifeNet Health, Inc. Virginia
  • Chernobyl Tissue Bank (UK)
  • Novabone Products LLC (US)
  • Bone Bank Allografts (US)
  • Cureline Inc. (US)
  • Bluechiip Limited (Australia)

Detailed Segmentation

Based on Equipment

o   Freezer

o   Thawing equipment

o   Labeling & coding equipment

o   Storage system

o   Alarming & monitoring system

o   Others

Based on Tissue Type

o   Cardiovascular tissue

o   Lung tissue

o   Umbilical Cord

o   Liver tissue

o   Eye tissue

o   Other tissues

 

Based on End User

o   Bio banks

o   Hospitals and clinics

o   Research and academic institutes

o    Biotech companies

Geography

 

o     North America

  • U.S
  • Canada

o     Europe

  • Germany
  • France
  • U.K
  • Italy
  • Spain
  • Russia
  • Poland
  • Rest of Europe

o     Asia-Pacific

  • Japan
  • China
  • India
  • Australia & New Zealand
  • ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
  • South Korea
  • Rest of Asia-Pacific

o     Latin America

  • Brazil
  • Mexico
  • Argentina
  • Venezuela
  • Rest of Latin America

o     Middle East and Africa (MEA)

  • Gulf Cooperation Council (GCC) Countries
  • Israel
  • South Africa
  • Rest of MEA

For more information: https://www.precisionbusinessinsights.com/market-reports/tissue-banking-market/

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rekha

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rekha
Joined: July 26th, 2019
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