Press release
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Study
Tissue Banking
Moreover, the market is expected to benefit from a surge in government initiatives aimed at enhancing facilities, as well as increased strategic collaborations, mergers, and acquisitions. The expanding applications of human tissue further contribute to market expansion. Nevertheless, stringent regulatory requirements pose a significant challenge to the global tissue banking market's growth trajectory.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ :
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The expansion of the global tissue banking market can be attributed to the growing elderly population and the rising incidence of cancer, diabetes, cardiovascular diseases, and other lifestyle-related ailments. Heart disease stands as the primary cause of death across various ethnicities in the U.S., including African-Americans, Hispanics, and individuals of Caucasian descent. According to the Center for Disease Control and Prevention (CDC), approximately 610,000 individuals succumb to heart disease annually in the U.S., accounting for 1 in every 4 deaths. Among heart diseases, coronary heart disease (CHD) claims the lives of over 370,000 people each year.
Technological advancements in tissue banking are leading to the development of innovative products such as ultra-low freezers and automated freezers. These advancements enable the storage of around one billion samples worldwide at extremely low temperatures. Furthermore, there is a growing demand for the preservation of umbilical cord blood owing to the increasing prevalence of kidney diseases, lymphoblastic leukemia, lung diseases, and diabetes mellitus.
๐๐๐ฃ๐จ๐ซ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ:
Thermo Fisher Scientific Inc., Brooks Automation, Inc., VWR Corporation, BioLife Solutions, Inc., PHC Corporation, Custom Biogenic Systems, Inc., Bluechiip Limited, Merck KGaA, Beckman Coulter, Inc., and Hamilton Company.ย
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ-
Product
Equipment
Cryopreservation equipment
Thawing equipment
Quality Control Equipment
Others
Media & Consumables
Tissue Type
Heart Valves
Cornea
Bone
Skin
Brain & Spinal Cord
Others
Application
Therapeutic
Cosmetic
Research & Development
Drug Discovery
Others
๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ก๐๐ฅ๐ฅ๐๐ง๐ ๐๐ฌ:
Drivers:
Growing prevalence of chronic diseases.
Technological advancements in tissue banking procedures.
Increasing awareness about the benefits of regenerative medicine.
Challenges:
Stringent regulatory requirements for tissue banking.
Ethical concerns associated with tissue procurement.
High cost associated with tissue banking procedures.
๐๐๐ ๐ข๐จ๐ง๐ฌ ๐๐จ๐ฏ๐๐ซ๐๐:
North America(USA, Canada and Mexico)
Europe(UK, Germany, France and the Rest of Europe)
Asia Pacific(China, Japan, India, and the Rest of the Asia Pacific region)
South America(Brazil, Argentina and the Rest of South America)
Middle East and Africa(GCC and Rest of the Middle East and Africa)
๐๐๐ช๐ฎ๐ข๐ซ๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ:
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๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
Personalized Medicine: Rising demand for personalized therapies is driving the adoption of autologous tissue banking.
Automation: Integration of automation and robotics in tissue banking processes to enhance efficiency and accuracy.
Collaborations and Partnerships: Strategic collaborations between tissue banks, research institutions, and pharmaceutical companies to accelerate innovation and product development.
๐ ๐ฎ๐ญ๐ฎ๐ซ๐ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:
The tissue banking market is expected to witness sustained growth in the coming years, fueled by advancements in biotechnology, increasing R&D activities, and expanding applications of tissue-based therapies. However, overcoming regulatory hurdles and addressing ethical concerns will be crucial for market expansion.
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ญ๐ฎ๐๐ฒ ๐๐จ๐ข๐ง๐ญ๐ฌ:
Market size and growth projections.
Regional analysis highlighting key growth regions.
Segmentation analysis based on service type, sourcing type, application, industry vertical, and region.
Identification of market drivers, challenges, and trends.
Future outlook and growth prospects.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ซ๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐๐:
๐๐จ๐ฆ๐ฆ๐๐ซ๐๐ข๐๐ฅ ๐๐๐ญ๐๐ฅ๐ฅ๐ข๐ญ๐ ๐๐ฆ๐๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ-ย https://www.globenewswire.com/news-release/2022/10/11/2531707/0/en/Commercial-Satellite-Imaging-Market-to-Reach-Value-of-US-7-0-Bn-by-2031-States-TMR-Assessment.html'
๐๐๐ซ๐ญ๐ข๐๐๐ฅ ๐๐ง๐ฃ๐๐๐ญ๐ข๐จ๐ง ๐๐จ๐ฅ๐๐ข๐ง๐ ๐๐๐๐ก๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ
-ย https://www.globenewswire.com/news-release/2022/10/11/2532018/0/en/Vertical-Injection-Molding-Machine-Market-to-Gain-Value-of-US-10-6-Bn-by-2031-TMR-Study.html
๐๐๐จ๐ฎ๐ญ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
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๐๐จ๐ง๐ญ๐๐๐ญ:
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