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Biopreservation Market Expands Biobanking Capabilities Across Modern Healthcare

According to Deepa Pandey, who specializes in Biotechnology and Life Sciences Market Research, with 5+ years of experience in market research and industry analysis. My research shows that the biopreservation market is projected to grow from USD 6.01 billion in 2026 to USD 56.79 billion by 2035, driven by rising demand for personalized medicine, regenerative therapies, and biobanking. Equipment remains the leading product segment, while regenerative medicine is expected to witness the fastest growth. North America leads the market, whereas Asia-Pacific is emerging as the fastest-growing region. Key companies such as Thermo Fisher Scientific, BioLife Solutions, Azenta, and Merck KGaA continue to shape the competitive landscape through innovation and expansion.

Last Updated : 06 January 2026 Category: Healthcare Services Insight Code: 5677 Format: PDF / PPT / Excel
Revenue, 2025
USD 4.68 Billion
Forecast, 2035
USD 56.79 Billion
CAGR, 2026-2035
28.34%
Report Coverage
Global

Key Takeaways of Biopreservation Market

Biopreservation Market Overview

  • Biopreservation industry poised to reach USD 6.01 billion by 2026.
  • Forecasted to grow to USD 56.79 billion by 2035.
  • Expected to maintain a CAGR of 28.34% from 2026 to 2035.
  • North America dominated the biopreservation market by 42% in 2025.
  • Asia-Pacific is expected to grow at the fastest CAGR in the market during the forecast period.
  • By product, the equipment segment held the largest revenue market share of 52% in 2025.
  • By product, the media segment is expected to grow at the fastest CAGR in the market during the studied years.
  • By application, the biobanking segment held the highest revenue share of 46% of the market in 2025.
  • By application, the regenerative medicine segment is expected to grow at the fastest CAGR in the market during the forecast period.

The global biopreservation market size is calculated at USD 4.68 billion in 2025, grows to USD 6.01 billion in 2026, and is projected to reach around USD 56.79 billion by 2035, rising at a 28.34% CAGR from 2026 to 2035.

Biopreservation Market Trends and Growth (2026)

How is Innovation Impacting the Biopreservation Market?

Biopreservation is the process of preserving biotechnology material, such as cells. Tissue and organs, at low temperatures, to maintain their viability and functionality for future use. Innovation is driving growth in the biopreservation market by introducing advanced preservation techniques, such as cryopreservation and vitrification, which enhance the longevity and viability of biological samples. The integration of AI, automation, and improved storage equipment ensures greater precision and reliability. These advancements are expanding the scope of applications in regenerative medicine, biobanking, and cell therapy, making biopreservation more efficient, cost-effective, and accessible across healthcare and research sectors.

For Instance,

  • In May 2023, the International Society for Biological and Environmental Repositories (ISBER) highlighted a notable global rise in biorepositories, with a strong focus on areas such as cancer, neurological disorders, and infectious disease studies. This growth reflects the expanding role of biopreservation in supporting advanced medical research and diagnostics. (Source: Mary Ann Liebert Inc.)

What are the Leading Trends Shaping the Biopreservation Market in 2025?

  • In June 2023, BioLife Solutions, Inc. launched a high-capacity controlled-rate freezer (CRF) as part of its effort to broaden its CRF product offerings. This advanced freezer is designed to meet the growing demands of both autologous and allogeneic cell and gene therapy (CGT) customers. It also supports large-scale commercial manufacturing and addresses essential customer requirements for handling high-volume cell therapy processes. (Source: Biolife Solutions)
  • In January 2023, Thermo Fisher Scientific Inc. finalized its merger and acquisition deal with The Binding Site Group, a prominent name in the field of specialty diagnostics. This strategic move was aimed at strengthening Thermo Fisher’s current specialty diagnostics offerings by adding innovative solutions for the diagnosis and monitoring of multiple myeloma. (Source: Thermo Fisher Scientific)

How is AI enhancing advancements in the Biopreservation Market?

AI is revolutionizing the market by enabling real-time monitoring, predictive maintenance, and automation of storage systems. It improves sample integrity through advanced data analytics and enhances operational efficiency by integrating with IoT and Laboratory Information Management Systems (LIMS). AI also supports personalized medicine by ensuring the high-quality preservation of biological samples. These advancements reduce human error, lower costs, and optimize storage conditions, making biopreservation more reliable and scalable for research and therapeutic applications.

Market Dynamics

Driver

Growing Healthcare Expenditure

Growing healthcare expenditure drives the biopreservation market by increasing investment in advanced medical research, biobanking, and personalized medicine. Higher spending enables healthcare facilities and research institutions to adopt cutting-edge preservation technologies for storing cells, tissue, and organs. This supports the development of regenerative therapies and enhances the quality of patient care. As countries allocate more funds to healthcare, the demand for reliable and efficient biopreservation solutions continues to rise, fueling market growth.

Restraint

High Cost of Advanced Technique

The high cost of advanced biopreservation techniques acts as a major factor in the market, especially for small research labs and healthcare facilities with limited budgets. Technologies like cryopreservation equipment, specialized storage systems, and preservation media require significant investment, making them less accessible in low- and middle-income regions. Additionally, the need for skilled personnel and maintenance further increases operational costs, limiting the widespread adoption of these advanced solutions despite their benefits.

For Instance,

  • The cost of biopreservation equipment varies widely based on features and capacity. Thermo Fisher’s Value Lab Upright Freezers are priced around USD 3,510, while the TSX Universal ULT Freezers can range from USD 11,600 to USD 89,400. VWR’s CryoPro Standard Auto-Fill Systems cost between USD 30,766 and USD 54,341, whereas the CryoPro AFX models are priced from USD 20,847 to USD 23,762. MVE Fusion Series Freezers range from USD 51,295 to USD 62,528. (Source: Thermo Fisher Scientific)

Opportunity

Growing Demand for Personalized Medicine

The growing demand for personalized medicine offers a significant opportunity for the biopreservation market, as it depends on the secure storage of biological samples such as cells, tissues, and genetic material. These samples are essential for developing patient-specific treatments based on individual genetic profiles. As personalized medicine continues to expand, there will be a rising need for advanced biopreservation technologies to ensure sample integrity, support medical research, and enable the delivery of precise, effective therapies to individual patient needs.

For Instance,

  • In January 2025, the Australian government launched Genomics Australia, a national initiative aimed at integrating genomic medicine into routine healthcare, beginning with personalized cancer care.  This move underscores the growing global emphasis on personalized medicine, which relies heavily on the preservation of biological samples such as DNA and tissues.  As personalized treatments become more prevalent, the demand for advanced biopreservation solutions is expected to rise, ensuring the integrity and longevity of critical biological materials essential for individualized therapies. (Source: Cancer Australia Gov)

Key Metrics and Overview

Metric Details
Market Size in 2026 USD 6.01 Billion
Projected Market Size in 2035 USD 56.79 Billion
CAGR (2026 - 2035) 28.34%
Leading Region North America by 42%
Key Applications Cell Therapy, Gene Therapy, Biobanking, Regenerative Medicine, Drug Discovery, Organ Transplantation, Clinical Research
Primary End Users Biopharmaceutical Companies, Biobanks, Hospitals, Research Institutes, CROs, Cell Therapy Centers
Key Challenges High storage costs, cold chain complexity, sample viability risks, regulatory compliance, infrastructure requirements
Market Segmentation By Product, By Application, By Region
Top Key Players Azenta US, Inc., Biomatrica, Inc., BioLife Solutions, MVE Biological Solutions, LabVantage Solutions, Inc., Taylor-Wharton, Thermo Fisher Scientific, Inc., Panasonic Corporation, X-Therma Inc., PrincetonCryo., Stirling Ultracold

Segmental Insights

By Product Type

Segments Shares %
Equipment 52%
Media 30%
Laboratory Information Management System (LIMS) 18%

How Equipment Segment Dominate the Market in 2025?

The equipment segment held the largest revenue share of 52% in the biopreservation market due to the high cost and essential role of advanced storage systems like freezers and cryogenic tanks. Increasing demand for long-term preservation of biological samples in research, clinical trials, and biobanking drives continuous investment in reliable equipment. Technological advancements and the expansion of biobanking facilities further contribute to the market dominance.

The media segment is anticipated to grow at the fastest rate in the market due to increasing demand for high-quality preservation solutions that maintain cell integrity and viability. Growth in regenerative medicine, stem cell research, and cell-based therapies is driving the need for specialized media formulations. Additionally, the recurring use and replenishment of media in the storage processes contribute to higher consumption rates, further accelerating the market expansion of the biopreservation market.

By Application Type

Segments Shares %
Bio-banking 46%
Drug Discovery 31%
Regenerative Medicine 23%

Why Did the Application Segment Dominate in 2025?

In 2025, the biobanking segment held the highest shares of the market by 46% due to the growing demand for the long-term storage of biological samples such as blood, tissues, and cells. The rise in population-based studies, personalized medicine, and advancements in genomics has led to the expansion of biobanking facilities worldwide. This has increased the need for reliable preservation solutions, driving greater investment in equipment, media, and services tailored to biobanking applications.

The regenerative medicine segment is expected to grow at a faster CAGR in the biopreservation market during the forecast period due to the increasing use of stem cells, tissue engineering, and cell-based therapies. As research and clinical applications expand in treating chronic diseases and injuries, the demand for effective preservation methods rises. The need to maintain the viability and functionality of cells and tissues is driving the adoption of advanced biopreservation solutions in this rapidly evolving field.

Regional Insights

Biopreservation Market Shares for North America, Europe, Asia Pacific, Latin America and Middle East and Africa, 2025 (%).

How is North America Contributing to the Expansion of the Biopreservation Market?

North America dominated the market by 42% share in 2025 due to its well-established healthcare infrastructure, strong presence of biobanks, and significant investments in biomedical research. The region benefits from advanced technologies, high adoption of regenerative medicine and personalized therapies, and a large number of ongoing clinical trials. Additionally, supportive government initiatives and funding for biopreservation-related research further strengthened market growth, positioning North America as the leading contributor to global revenue in this sector.

The U.S. Biopreservation Market Trends

A significant driver is the increasing prevalence of chronic diseases and obesity, which necessitates advanced biopreservation techniques for long-term storage of biological samples. Additionally, the rising demand for regenerative medicine and personalized therapies has led to greater investment in biopreservation technologies. Government support and a favorable regulatory environment further bolster this growth, positioning the U.S. as a leading contributor to the global biopreservation market.

For Instance,

  • Biospecimen collection in biorepositories and biobanks is backed by funding from the National Institutes of Health (NIH), while the National Cancer Institute (NCI) plays a key role in overseeing these biobanking initiatives. These biobanks facilitate research and clinical trials across the country, which in turn drives greater demand for effective biopreservation methods. (Source: NIH)

The Canda Biopreservation Market Trends

The Canadian market is expanding due to increasing investments in biomedical research, the growth of personalized medicine, and the expansion of biobanking initiatives.  These factors are driving demand for advanced preservation technologies to store biological samples like tissues and stem cells.  Additionally, the rising prevalence of chronic diseases and the need for long-term storage of biospecimens for research and therapeutic applications are contributing to market growth.  This trend aligns with global advancements in regenerative medicine and cell-based therapies.

For Instance,

  • The Canadian government has allocated USD 45 million to the Stem Cell Network this year, with continued support planned over the next three years. This funding aims to advance research in stem cell and regenerative medicine, strengthening innovation and development in the field. (Source: Stem Cell Network)

How is Asia-Pacific approaching the Biopreservation Market in 2025?

The Asia-Pacific market is expected to grow at the fastest CAGR due to rising chronic disease prevalence, an aging population, and increasing demand for personalized medicine. Rapid advancements in biopharmaceutical production and cryopreservation technologies are also fueling growth. Additionally, expanding healthcare infrastructure and increased investments in research and development across emerging countries like China and India are driving the region’s strong market potential.

The China Biopreservation Market Trends

The Chinese market is expanding due to increasing investments in biomedical research, the growth of personalized medicine, and the expansion of biobanking initiatives.  These factors are driving demand for advanced preservation technologies to store biological samples like tissues and stem cells.  Additionally, the rising prevalence of chronic diseases and the need for long-term storage of biospecimens for research and therapeutic applications are contributing to market growth.  This trend aligns with global advancements in regenerative medicine and cell-based therapies.

The India Biopreservation Market Trends

The Indian market is expanding due to the rapid growth of the biotechnology and pharmaceutical sectors, along with increased government support for healthcare innovation. Rising awareness of stem cell banking, growing clinical research activities, and the demand for affordable healthcare solutions are further fueling the need for efficient biospecimen storage. Additionally, infrastructure improvements and increased foreign investments are enhancing the adoption of biopreservation technologies across research and medical institutions.

How is Europe Accelerating the Biopreservation Market?

Europe is accelerating the market through strong government support, significant funding for research, and a well-established healthcare infrastructure. Leading countries like Germany, France, and the UK are investing heavily in regenerative medicine projects and fostering collaborations between academic institutions and industry. The European Medicines Agency’s approvals of innovative regenerative therapies also improve market access. Additionally, an aging population with increasing chronic diseases drives demand for regenerative treatments, further boosting market development.

For Instance,

  • In March 2024, STEMCELL Technologies launched a specialized preservation media in Europe designed specifically for hematopoietic stem cells. This new solution improves cell recovery rates and maintains cell functionality after thawing, effectively meeting essential requirements in stem cell research and therapeutic applications. (Source: Stem Cell Technologies)

The UK Biopreservation Market Trends

The UK market is growing due to increasing investments in research and development, particularly in personalized medicine and advanced therapies. Strong government support and a favorable regulatory environment encourage innovation and faster approvals. The country’s robust healthcare infrastructure, skilled workforce, and collaboration between academia and industry further drive growth. Additionally, rising demand for effective treatments and biopharmaceutical products supports market expansion across multiple therapeutic areas.

The Germany Biopreservation Market Trends

Germany's market is expanding due to its robust healthcare infrastructure, substantial investments in biomedical research, and a strong presence of biobanks and pharmaceutical companies.  The country's emphasis on precision medicine, stem cell research, and the development of novel therapies has increased the demand for advanced biopreservation technologies.  Additionally, Germany's commitment to quality standards and regulatory frameworks ensures the safe storage and transport of biological materials, further driving market growth.

MEA Biopreservation Market: Rising Demand Driven by Biobanking and Personalized Medicine

The Middle East and Africa are expected to grow significantly in the biopreservation market during the forecast period. The Middle East and Africa are experiencing a rise in the demand for biobanking. This is increasing the use of preserved samples for various research purposes. At the same time, they are being used in the development of personalized medications. Moreover, the growing diseases is increasing their use for storing the samples for diagnostic and treatment purposes. Furthermore, the growing clinical trials is also increasing their use for storing the samples throughout the trials.

Additionally, the growing innovation for the development of regenerative medicines, cell therapies, etc., is also increasing their use. Similarly, the growing interest in stem cell research is increasing its adoption. At the same time, the increasing medical tourism is also increasing the development of new diagnostic and treatment approaches, which in turn, is increasing the use of biopreservation. These developments are supported by the healthcare investments as well. Thus, this is promoting the market growth.

Market Ecosystem Analysis

Ecosystem Segment Key Participants Role in Market
Technology Providers BioLife Solutions, Azenta Life Sciences, Chart Industries Preservation technologies, cryogenic systems, cold-chain solutions
Product Manufacturers Thermo Fisher Scientific, Merck KGaA, Sartorius, Bio-Techne Preservation media, reagents, cryopreservation solutions
Service Providers Azenta Life Sciences, Cryoport Systems, StemCell Technologies Sample management, storage, logistics services
Platform Providers Azenta Life Sciences, Cryoport Systems Integrated biorepository and sample tracking platforms
CROs/CDMOs Charles River Laboratories, Lonza, Catalent Cell banking, storage, biologics manufacturing support
Software Vendors Azenta Life Sciences, LabVantage Solutions Biobank informatics and sample management systems
Research Institutions Mayo Clinic, National Institutes of Health, UK Biobank Biopreservation research and sample repositories
End-User Industries Biotechnology, Pharmaceuticals, Healthcare, Academic Research End users of preservation technologies and services

Top Companies in the Biopreservation Market

Biopreservation Market Companies

Market Share Influence Assessment

  Tier 1 Tier 2 Tier 3
Typical Market Influence 62% 28% 10%

Competitive Landscape

Tier 1
Company Name Headquarters Country Why Relevant to This Market Key Products/Services
Thermo Fisher Scientific Waltham, Massachusetts USA Global leader in life science tools with extensive biopreservation portfolio Cryopreservation media, liquid nitrogen storage, biobanking solutions
Merck KGaA (MilliporeSigma) Darmstadt, Hesse Germany Major supplier of cell preservation reagents and life science solutions Cryoprotectants, cell storage media, bioprocessing products
Sartorius AG Göttingen, Lower Saxony Germany Strong position in cell therapy manufacturing and preservation workflows Cell culture media, storage technologies
Tier 2
Company Name Headquarters Country Why Relevant to This Market Key Products/Services
Cryoport, Inc. Nashville, Tennessee USA Leading cryogenic logistics provider for advanced therapies Cryogenic transportation and storage
Charles River Laboratories Wilmington, Massachusetts USA Cell banking and biopharmaceutical support services Cell storage and banking services
Lonza Group AG Basel Switzerland Significant cell and gene therapy manufacturing presence Cell banking and preservation services
Tier 3
Company Name Headquarters Country Why Relevant to This Market Key Products/Services
OriGen Biomedical, Inc. Austin, Texas USA Focused cryogenic storage and cell handling technologies Cryobags and cell storage systems
Custom Biogenic Systems (CBS) Michigan Center, Michigan USA Specialized cryogenic equipment manufacturer LN2 freezers and storage systems

Company Revenue

In July 2025, financial results for the second quarter were announced by Thermo Fisher Scientific Inc., as per the report, there was a rise from 3% to $10.85 billion in 2025 in the revenue for the quarter, where the second quarter of 2024 showed $10.54 billion. This, in turn, indicated a 2% growth of organic revenue. Additionally, $4.28 was reported for the second quarter of 2025 by the GAAP diluted EPS, where the second quarter of 2024 reported $4.04.

Similarly, the comparison between GAAP operating income for the second quarter of 2025 and 2024 was noted to be $1.83 billion and $1.82 billion, respectively. The GAAP operating margin for the second quarter of 2024 was 17.3% and for 2025 was 16.9%. $5.36 was recorded for the adjusted EPS in the second quarter of 2025, where the second quarter of 2024 was $5.37. Moreover, the adjusted operating income in the year-ago quarter was noted to be $2.35 billion, while the second quarter of 2025 was reported to be $2.38 billion. Furthermore, the adjusted operating margin was noted to be 21.9%, and for the second quarter of 2024, it was 22.3%.

In March 2025, the financial results for the fourth quarter and 2025 financial guidanceFourth Quarter 2024 Business Highlights were released by BioLife Solutions, Inc. It was mentioned that the sale of SciSafe Holdings, Inc., which was a previously wholly owned biostorage and services subsidiary, was completed with around $73.0 million in cash.

Additionally, their previously wholly owned freezer subsidiary, that is Arctic Solutions, Inc. sale was completed with approximately $6.1 million in cash. The fourth quarter of 2024 showed total revenue of $22.7 million, indicating a rise of 31%, or $5.3 million, compared to the fourth quarter of 2023, which showed $17.4 million in total revenue. Moreover, the 2024 total revenue was reported to be $82.3 million, which showed a rise of 8% from $75.9 million in 2023.

Latest Announcement by Industry Leaders

In May 2025, BioIVT, a global provider of biospecimen solutions for drug and diagnostic research, introduced VivoSTART™ Cryopreserved GMP Leukopaks. These leukopaks meet GMP standards, ensuring high-quality, safe, and traceable cellular materials for use in cell and gene therapy development and clinical trials. This launch highlights the company’s ongoing dedication to advancing cell therapy through reliable human-derived starting materials.

Segments Covered in the Report

By Product

  • Equipment
    • Freezers
    • Refrigerators
    • Consumables
      • Vials
      • Straws
      • Microtiter Plates
      • Bags
    • Liquid Nitrogen
  • Media
    • Pre-formulated
    • Home-brew
  • Laboratory Information Management System (LIMS)

By Application

  • Regenerative Medicine
    • Cell Therapy
    • Gene Therapy
    • Others
  • Bio-banking
    • Human Eggs
    • Human sperm
    • Veterinary IVF
  • Drug Discovery

By Region

  • North America
    • U.S.
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Thailand
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Sweden
    • Denmark
    • Norway
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East and Africa (MEA)
    • South Africa
    • UAE
    • Saudi Arabia
    • Kuwait

FAQ's

Finding : The global biopreservation market is projected to grow from USD 6.01 billion in 2026 to approximately USD 56.79 billion by 2035, registering a strong CAGR of 28.34% during the forecast period.

Finding : Innovations such as AI-driven monitoring, automation, IoT integration, advanced cryopreservation techniques, and smart storage systems are improving sample integrity, operational efficiency, scalability, and cost-effectiveness.

Finding : High costs of advanced equipment, preservation media, skilled personnel, and maintenance limit adoption, especially among small laboratories and healthcare facilities in low- and middle-income regions.

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Meet the Team

Aditi Shivarkar

Aditi Shivarkar

Reviewed By

Aditi Shivarkar is a seasoned professional with over 14 years of experience in healthcare market research. As a content reviewer, Aditi ensures the quality and accuracy of all market insights and data presented by the research team.

Learn more about Aditi Shivarkar
Biopreservation Market
Updated Date: 06 January 2026   |   Report Code: 5677