The global #tissue #banking market size reached US$ 1.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.1 Billion by 2028, exhibiting a growth rate (CAGR) of 11.65% dur... View MoreThe global #tissue #banking market size reached US$ 1.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.1 Billion by 2028, exhibiting a growth rate (CAGR) of 11.65% during 2023-2028.
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Tissue Banking Market Trends and Drivers:
The rising prevalence of injuries in the spinal cord and damaged heart muscles is primarily driving the tissue banking market. Additionally, the growing incidences of missing or damaged tissues and continuous technological advancements in the healthcare industry and the tissue collecting and preserving process are further catalyzing the market growth. Besides this, the elevating cases of chronic diseases among individuals are propelling the utilization of tissue banks for the transplantation of bones, corneas, and tendons, which is acting as another significant growth-inducing factor. Moreover, extensive investments by private and public agencies for improvements in the field of tissue engineering are positively influencing the global market.
Explore full report with table of contents: https://www.openpr.com/news/3032186/tissue-banking-market-size-to-reach-us-3-1-billion-globally
Some of the leading players operating in the market are:
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 N.V., Sartorius AG, Taylor-Wharton, Thermo Fisher Scientific Inc., and VWR International LLC (Avantor Inc).
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Tissue Banking Market Size, Share, Trends, Analysis 2023-2028
The global tissue banking market reached a value of US$ 1.6 Billion in 2022 and it is expected to reach US$ 3.1 Billion by 2028, exhibiting a growth rate (CAGR) of 11.65% during 2023-2028.
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