Reports
Cryopreservation equipment for long-term storage human stem cells holds great clinical potential. Key product types are mechanical freezers, dry store freezers, cryopreservation freezers, incubators, stem cell research laboratory equipment, and cryopreservation vials. The strides in the cryopreservation equipment in stem cells market rides on the back of advances being made in the treatment of haematological and non-haematological disease where stem cells hold great potential. Some of the key areas where these equipment find use are human embryonic stem cells.
Cryopreservation Equipment in Stem Cells Market: Key Trends
Growing demand for cryopreservation equipment for preservation of somatic stem cells is a key trend boos ting the demand. Moreover, need for rapid cell cryopreservation has spurred technological advances. Long-term storage equipment have witnessed large strides on the back of growing clinical advances in tissue engineering. Vast potential of hematopoietic stem cells in regenerative medicine is expected to open new avenues in the cryopreservation equipment in stem cells market. Growing research on stem cells in gene therapies and transplantation has bolstered the adoption of cryopreservation equipment. Growing interest in liver progenitor cells has spurred interest in cyrobanking. This has propelled advances in the cryopreservation equipment in stem cells market.
Geographically, North America and Europe have seen numerous vast scientific strides pertaining to the cryopreservation equipment in stem cells market. The presence of several biotech and life sciences companies planning to invest in regenerative therapies and adult stem cell applications. Developed economies in the regional markets have seen efforts by manufacturers toward standardization and technique optimization. On the other hand, investments in cryobanking have also spiraled in several parts of Asia Pacific, making this a lucrative region in the overall cryopreservation equipment in stem cells market.
Cryopreservation is the method of preserving biological substances at cryogenic temperatures (below -1500 °C). Nucleic acids, microorganisms, tissue cells, tiny multicellular organisms, established cell lines,and complex biological structures including embryos, and proteins can all be preserved with cryopreservation. Argon, nitrogen, liquid oxygen, and helium are used as cryogenic elements during cryopreservation processes. Liquid tracking systems, liquid nitrogen vessels, cryopreservation freezers, cryogenic incubators, cryogenic vaporizers, and cell freezing containers are just a few types of cryopreservation equipment are needed for different samples with varied sensitivity levels. Availability of such a wide range of equipment is likely to drive future market demand for cryopreservation equipment in stem cells.
Human stem cells can be used clinically in many ways with the right cryopreservation technology. The advancements being achieved in the management of haematological as well as non-haematological diseases, where stem cells hold immense promise, are what are driving the market growth for cryopreservation equipment in stem cells. Human embryonic stem cells are among the important fields in which this equipment is used.
Growing demand for biobanking procedures and adoption of regenerative medicine are two aspects that are likely to fueling expansion of the global cryopreservation equipment in stem cells market. However, the development of the global market is hampered by the strict regulatory requirements.
When biological components including tissue, bacteria, fungus, viruses, and mammalian cells are frozen and stored, a process called cryopreservation is utilised to reduce cell damage. Cryopreserved tissues as well as genetically stable live cells can be employed for research and some other biomedical purposes. Cryogen, accessories, cryopreservation systems, and cryoware are all necessary pieces of equipment.
Based on application, totipotent stem cell category is anticipated to observe high CAGR growth in the years to come. Totipotent stem cells are those that can develop into any form of cell in the body. The zygote, or fertilised egg, is where these cells are generated from. Totipotent stem cells are able to replicate and regenerate themselves endlessly as well as produce all other forms of body cells, comprising embryonic and extra-embryonic cell forms. These cells have the capacity to repair and replace cells that have been lost or injured, which is expected to present considerable growth opportunities for the leading players in the cryopreservation equipment in stem cells market.
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