It has been analyzed that expansion of the global tissue banking market is primarily credited to the growing geriatric population as well as increasing occurrence of cancer, cardiovascular diseases, diabetes and other lifestyle diseases. In order to study the overall growth in the tissue banking market, a new research study has been included to the broad online database managed by Market Research Reports Search Engine (MRRSE). This analysis is known to educate the readers about the various trends and opportunities which are likely to impact the concerned market during the forecast period.
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As per research findings, the global tissue banking market acquired US$ 1,056.4 Mn in 2017 and is likely to reach US$ 2,903.3 Mn by the end of 2026. Looking at the pace, the target market is projected to expand at a 12.0% CAGR during the forecast period. The reason for this impressive growth is noted to be the growing awareness about tissue donation merged with technological advancements as well as target patient population. In addition, increment in government initiatives for promoting better amenities as well as increase in strategic collaborations are expected to steer growth in the global tissue banking market.
This report starts initiates with the executive summary that provides a market snapshot containing information about various segments of the concerned market. In addition, readers can access a data analysis of the global tissue banking market in relation to segments based on tissue type, product, geography and application. As the report proceeds, precise data associated to qualitative analysis of drivers and restraints is available, followed by prime opportunities expected to impact the global market.
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On the basis of product, the global market for tissue banking is segmented into media & consumables and equipment. Further, the equipment segment is sub-segmented into thawing equipment, quality control equipment, cryopreservation equipment and others. Based on tissue type, the target market is split into heart valves, bone, cornea, brain & spinal cord, skin and others. The major application studied in the report include therapeutic, research & development, cosmetic, drug discovery, and others, where each of the segments is studied in terms of market value forecast and market attractiveness.
The concluding section of the report profiles major players from the global tissue banking market by highlighting them based on various attributes like company overview, product portfolio, financial overview, recent developments and business strategies. Some of the major players profiled in the report are Thermo Fisher Scientific Inc., VWR Corporation, Brooks Automation, Inc., PHC Corporation, BioLife Solutions, Inc., Bluechiip Limited, Custom Biogenic Systems, Inc., Hamilton Company and Merck KGaA, Beckman Coulter, Inc.
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Global Tissue Banking Market Investigation & Development Forecast during 2018 – 2026
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