Precision Farming Market Is Estimated To Growing At A CAGR Of 14.2% During Forecast Period 2014-2025

Global Precision Farming Market is anticipated to reach USD 10.23 billion by 2025, according to a new report by Grand View Research, Inc. Precision farming, also known as site-specific crop management or satellite farming, is a concept of farm management that uses information technology to ensure optimum health and productivity of the crops. The precision farming technique largely depends on specialized equipment, IT, and software services. 

Furthermore, this farming technique involves a broad range of technologies including bio-engineering, robotics & automation, imagery & sensors, and big data, as well as digitization. The adoption of site-specific crop management would reduce the cost of nitrogen fertilizers, improve crop yields, reduce the usage of pesticides, provide better farm records that are essential for sale, and provide better information for management decisions.

Full Research Report On Global Precision Farming Market Analysis: http://www.grandviewresearch.com/industry-analysis/precision-farming-market

The growing application of telematics in agriculture is anticipated to drive the demand for precision farming over the projected period. Telematics services include tracking devices using Global Navigation Satellite System (GNSS) to show the position of the equipment for management purposes. It also offers a real-time view of the position, coolant temperature, ground speed, and the duration before which maintenance is required. Major agriculture equipment manufacturers are adopting telematics services for their equipment in order to improve farm efficiency.

Improving the efficiency of agricultural machinery reduces the cost of agricultural operations and maximizes profitability. Additionally, good management might reduce the environmental impact. Farmers are increasingly using telematics technology to collect and manage information from their field equipment.

Telematics technology is used to capture and transfer data from the farm equipment through sensors installed on tractors and other field monitoring equipment. The increasing adoption of telematics systems by agricultural equipment companies is expected to drive the demand in the precision farming market.

Trimble Ag Software’s Connected Farm uses cellular and wireless technology to transfer data. Furthermore, the company uses Farm Works software to manage data transferred from the farm equipment. Raven Industries, Inc. provides a telematics service called Slingshot. It uses cell phone networks to offer data transfer, real-time kinematic GPS correction signals, and real-time technical support in the fields. Additionally, Slingshot allows users to track the vehicle’s location.

However, the lack of technology adoption among farmers is likely to restrain the market growth over the forecast period. The lack of standards and limitations on the exchange of data between the systems limits the adoption of modern agricultural machinery of different brands and companies. 

Furthermore, farmers lack independent consulting and advisory services owing to the lack of validated agronomic models for Variable Rate Technology (VRT) to make a decision on investments. Additionally, independent services are not linked to co-operatives, government bodies, and farmer’s associations where farmers can get additional information to take decisions.

Further key findings from the report suggest:

• The increasing government support for adopting modern agricultural techniques and the growing need for monitoring crop health for yield production are expected to drive the market demand.
• The services segment is expected to portray a significant growth rate over the projected period, growing at a CAGR of 16.0%.
• The cloud-based software model is anticipated to gain market share over the projected period as it reduces energy consumption and large data storage, and facilitates cost saving.
• Innovations in GPS mapping and related applications concerning farms are helping farmers to operate more efficiently and increase their profit margins.
• Drones are expected to witness enormous growth in the agriculture field as they are increasingly used in monitoring irrigation systems.
• Soil monitoring is a major application of the yield monitoring segment as it is used to detect soil properties to increase the yield.
• Digital revolution in the agricultural sector along with government financial incentives to farms is likely to drive the demand in the European precision farming market in the coming years.
• The key players of the precision farming market include Agribotix LLC (U.S.), Deere & Company (U.S.), SST Development Group, Inc. (U.S.), Farmers Edge, Inc. (Canada), and Granular, Inc. (U.S.), among others

View Related Reports from This Category By Grand View Research:

·         Wiper Systems Market

·         Drone Data Services Market

Grand View Research has segmented the Global Precision Farming Market based on offering, application, and region:

Precision Farming/Agriculture Offering Outlook (Revenue, USD Million, 2014 - 2025)

·         Hardware

·         Automation & control systems

§  Drones

§  Application control devices

§  Guidance systems

·         GPS

·         GIS

§  Remote sensing

·         Handheld

·         Satellite sensing

§  Driverless tractors

§  Mobile devices

§  VRT

·         Map-based

·         Sensor-based

§  Wireless modules

·         Bluetooth technology

·         Wi-Fi technology

·         Zigbee technology

·         RF technology

·         Sensing devices

§  Soil sensor

·         Nutrient sensor

·         Moisture sensor

·         Temperature sensor

§  Water sensors

§  Climate sensors

§  Others

·         Antennas/access points

·         Software

·         Web-based

·         Cloud-based

·         Services

·         System integration & consulting

·         Maintenance & support

·         Managed services

§  Data services

§  Analytic services

§  Farm operation services

·         Assisted professional services

§  Supply chain management services

§  Climate information services

Precision Farming/Agriculture Application Outlook (Revenue, USD Million, 2014 - 2025)

• Yield monitoring
• On-farm
• Off-farm
• Field mapping
• Crop scouting
• Weather tracking & forecasting
• Irrigation management
• Inventory management
• Farm labor management

Precision Farming/Agriculture Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• France
• Russia
• Asia Pacific
• China
• Japan
• India
• Australia
• South America
• Brazil
• Middle East and Africa (MEA)

View Blog On this research report by Grand View Research: http://www.grandviewresearch.com/blog/precision-agriculture-market-size-share-research                         

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Traffic Road Marking Coatings Market Size Is Anticipated To Reach $6.3 Billion By 2025

Global Traffic Road Marking Coatings Market is likely to reach USD 6.3 billion by 2025, according to a new report by Grand View Research, Inc. Technological advancement is an important factor for market growth as countries are becoming more concerned about the public health and safety. The growing environmental concerns including harmful air pollutants are driving the need for greener products in a bid to promote a healthy environment.

Paints are regarded as a major source of harmful VOC emissions. This has resulted in the development of thermoplastic coatings and other environment-friendly alternatives over paints. The rate of road fatalities is another primary concern which is forcing regional governments to invest in technological development to ensure highway safety and maintenance. There is a need for technological development to deal with such issues efficiently and improve the global economic condition as well. 

Manufacturers are taking initiatives to develop innovative marking systems and temperature sensitive paints, which in turn is increasing their product sale as more countries are focused toward beefing up their safety and maintenance. Various initiatives to reduce accidents and improve road safety & maintenance are expected to influence the overall market demand positively. The consumer buying behavior is supposed to be influenced by newly developed high-performance coatings with improved characteristics.

Key manufacturers operating in the market include Automark Technologies Sherwin-Williams Company, Geveko Markings, Ennis-Flint, Crown Technologies, Swarco AG, etc.

Full Research Report on Global Traffic Road Marking Coatings Market Analysis:  http://www.grandviewresearch.com/industry-analysis/traffic-road-marking-coatings-market

Further key findings from the report suggest:

• Thermoplastic coatings emerged as the fastest product segment.This segment expected to reach 429.0 kilo tons by 2025
• Thermoplastic markings are applied in a thick/built up layer to create rumble strips. This coating sets quickly and will adhere strongly to the surface
• Paint is expected to be the largest segment with a market share of around 44.5% by volume
• Asia Pacific region is expected to emerge as the fastest growing region and will reach a market valuation of USD 1,670.5 million by 2025
• In North America, The Government has rolled out initiatives to enhance road infrastructure, increasing sales, and encouraging the development of durable, high-performance products with enhanced visibility and skid resistance
• There is a high degree of price competition among industry participants. Innovation remains a major factor for competitive advantage and higher profit margins.

View Related Reports of this category by Grand View Research:

·         Plating on Plastics (POP) Market

·         3D Printing Metals Market

Grand View Research has segmented the Global Traffic Road Marking Coatings Market on the basis of product and region:

Traffic Road Marking Coatings Product Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

• Paint
• Thermoplastic
• Preformed Polymer Tape

·         By Product

§  Thermoplastic Tape

§  Pressure Sensitive Tape

·         By Application

§  Road Marking Lines

§  Road Marking Labels

·         By Usage

§  Permanent

§  Removable

·         Epoxy

Traffic Road Marking Coatings Regional Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Europe
• Germany
• UK
• France
• Asia Pacific
• China
• India
• Japan
• Vietnam
• Central & South America
• Brazil
• Middle East & Africa
• Saudi Arabia

View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-traffic-road-marking-coating-market                        

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Pharmaceutical Services Outsourcing Market Is Expected To Grow At A CAGR Of 8.7% Over The Forecast Period 2014-2025

Global Biotechnology Services Outsourcing Market is expected to reach USD 92.9 billion by 2025, according to a new report by Grand View Research, Inc. Pharmaceutical industry has been adaptive of the function of outsourcing certain clinical and corporate functions as early as 2002. Among the services outsourced, clinical trial management and contract manufacturing were the forerunners. For instance, Johnson & Johnson was the first pharmaceutical company to outsource its applications development and maintenance (ADM).

In 2015, over USD 50.0 billion was spent on pharmaceutical R&D activities majorly on oncology, diabetes, and autoimmune therapy classes, which is expected to propel the biotechnology services outsourcing market growth over the forecast period.

Shrinking profit margins coupled with rising competition in the market space, and augmenting regulatory burden are other vital impact rendering factors. The pharmaceutical services outsourcing market is expected to register growth at a CAGR of 8.7% during the forecast period. On the other hand, pending immigration legislations in the U.S. may hinder business economics and outsourcing risks.

Pharmaceutical and biotechnology industries in Europe are significantly investing in R&D in the recent year owing to rising demand for advanced medicines. This may be attributed to increasing aging population, incidence of chronic diseases, and communicable diseases.

Full Research Report On Global Biotechnology/Pharmaceutical Services Outsourcing Market: http://www.grandviewresearch.com/industry-analysis/biotechnology-pharmaceutical-services-outsourcing-market

Further key findings from the study suggest:

• Consulting services are inclusive of regulatory compliance, remediation, and quality management systems consulting, which is expected to dominate the pharmaceutical services outsourcing market in 2025.
• In 2013, the U.S. FDA revised the guidelines for registration trials of drugs used in the treatment of acute bacterial skin and skin structure infections, thereby promoting growth of regulatory affairs services.
• Other services such as contract manufacturing, product upgrade, and IT consulting services are projected to grow swiftly. Increasing focus on generic medicine and regional expansions in developing regions are some of the key contributing factors
• Presence of cheap labor, skilled personnel and rapid growth of the pharmaceutical industry within the Asia Pacific region presents numerous opportunities for service providers, thereby representing a lucrative growth rate over the forecast period.
• Service based expertise may be found in players such QuintilesIMS, Parexel Corporation, Lachman Consultant Services, Inc., Concept Heidelberg GmbH, and others. These players compete on the basis of service quality, competitive pricing, and long-term relations with healthcare industry participants.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/pharmaceuticals

Grand View Research has segmented the Global Biotechnology/Pharmaceutical Services Outsourcing Market on the basis of service, and region:

Global Biotechnology/Pharmaceutical Services Outsourcing Service Outlook (Revenue, USD Million, 2014-2025)

• Consulting
• Auditing & assessment
• Regulatory affairs
• Product maintenance
• Product design & development
• Product testing & validation
• Training & education
• Others

Biotechnology/Pharmaceutical Services Outsourcing Regional Outlook (Revenue, USD Million, 2014-2025)

North America

• U.S.
• Canada

Europe

• Germany
• UK

Asia Pacific

• Japan
• China

Latin America

• Brazil
• Mexico

Middle East and Africa (MEA)

• South Africa

View Blog On This Research Report By Grand View Research: http://www.grandviewresearch.com/blog/biotechnology-pharmaceutical-services-outsourcing-market-size-analysis  

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Biosimilars Market Analysis By Product, Application and Segment Forecast Up To 2024

Biosimilars Market is expected to reach USD 41.7 billion by 2024, according to a new report by Grand View Research, Inc. The global biosimilars market is anticipated to witness a marked growth during the period of 2016 to 2024. The most significant factor leading to the growth of this industry is the fact that major biological drugs are nearing the patent cliff. Further, the lower cost of these drugs as compared to the patented biologics, the increasing encumbrance to cut down healthcare costs across the medical systems in the world, and the favorable clinical outcomes demonstrated through clinical trials for the biosimilar drugs is expected to boost the industry.

For the purpose of this study, the major countries considered are the U.S., Canada, the UK, Germany, India, China, Brazil, and Russia. It was estimated that in 2015, Europe accounted for the largest market share of the global biosimilars market, followed by Asia Pacific.

The industry is segmented on the basis of type of products and applications. With regard to the product type, the recombinant non-glycosylated segment is projected to flourish rapidly during the study period. On the other hand, the recombinant glycosylated proteins segment is estimated to grow at a significant CAGR during the period 2015 to 2024 due to the increasing, wide spread incidence of cancer cases (24 million by 2035), which is identified as the crucial factor driving the growth of this sector.

Full Research Report on Global Biosimilars Market Analysis: http://www.grandviewresearch.com/industry-analysis/biosimilars-market

Further key findings from the study suggest:

• North America is anticipated to be the fastest growing market during the forecast period. The biosimilars market has gained significant momentum in the U.S., presenting new opportunities for R&D and the manufacturing sector of biosimilars.
• The European market is the most advanced one as it has been the first to formulate a regulatory pathway and adopt the use of biosimilars for more than 8 years now. Germany accounts for the maximum share in the biosimilars industry, followed by the rest of the European countries (UK, France, Spain, and Italy).
• The Asia Pacific market is expected to witness a lucrative growth during the period 2015 to 2024. India and China are the key countries identified that are expected to lead the industry growth in the study period.
• The market for oncology is estimated to soar at a rapid pace in accordance with the increasing incidence of cancer cases in the world. Additionally, the demand for cost-effective cancer treatments is expected to further fuel the industry growth.
• The biosimilars market comprises several local as well as global players. Some major players of this market include Amgen, Inc., Beacon Ltd., Tea Pharmaceutical Industries Ltd., Merck & Co., Milan, Inc., Dr. Reddy’s Laboratories, Inc., Sandoz, Inc., and Celltrion Healthcare Co., Ltd. 

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/pharmaceuticals 

Grand View Research has segmented the Global Biosimilars Market on the basis of end-user, application, and region:

Biosimilars Market, by Product (Revenue, USD Million, 2013 - 2024)

Recombinant Non-Glycosylated Proteins

• Insulin
• Human Growth Hormones
• Granulocyte Colony-stimulating Factor (G-CSF)
• Interferons

Recombinant Glycosylated Proteins

• Erythropoietin
• Monoclonal Antibodies
• Follitropin

Biosimilars Market, by Application (Revenue, USD Million, 2013 - 2024)

• Oncology
• Blood Disorders
• Growth Hormone Deficiency
• Chronic and Autoimmune Disorders
• Others

Biosimilars Market, by Region (Revenue, USD Million, 2013 - 2024)

North America

• U.S.
• Canada

Europe

• UK
• Germany

Asia Pacific

• China
• India

Rest of the World

• Brazil
• Russia

View Blog On This Research Report By Grand View Research: http://www.grandviewresearch.com/blog/biosimilars-approach-to-futuristic-treatments

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Bioresorbable Polymer Market Demand Is Expected To Grow At An Estimated CAGR Of 14.3% Over The Projected Period 2014-2025

Global Bioresorbable Polymer Market is anticipated to reach USD 2.26 billion by 2025, according to a new report by Grand View Research, Inc. The growing demand in the medical sector, owing to its hydrolytically degrading property in the body is projected to increase the global market growth. 

The increasing health awareness, improving healthcare facilities worldwide and growing surgery procedures across the globe will have a positive impact on the Bioresorbable polymers industry growth in the overcoming years.

The increasing product demand for drug delivery application is another key factor for market development over the forecast period. The harmless decomposition and its chemically neutral nature in the body make them suitable for drug delivery segment.

The PLA-based product demand exceeded 89 tons in 2015, which is projected to remain as the largest and fastest growing segment over the upcoming years. The PLA market is growing dramatically in the pharmaceutical sector owing to its distinctive feature of being biodegradable and biocompatible.

Full Research Report on Global Bioresorbable Polymer Market Analysis: http://www.grandviewresearch.com/industry-analysis/bioresorbable-polymers-market

Further Key Findings from the Study Suggest:

• The global Bioresorbable polymers demand was over 298 tons in 2015 and is expected to grow at an estimated CAGR of 14.3% over the projected period
• The PCL-based product market accounted for over 13% of the total revenue in 2015
• Orthopedics was the leading application segment with demand exceeding 45% in 2015
• The Bioresorbable polymer market in drug delivery application is estimated to have the highest growth at a CAGR of over 14% from 2016 to 2025
• The U.S. polyglycolic acid product market generated revenue worth of USD 31.5 million in 2015 and is expected to reach a total revenue of over USD 110 million by 2025
• Polysaccharides demand in Europe is estimated to exceed a total revenue of USD 470 million by the end of forecast period
• Factors such as changing consumption patterns, technological advancements, and rising government initiatives, are anticipated to influence the market in the overcoming years
• Influential companies operating in this market include Carbion NV, Evonik Industries AG, Poly-Med, Inc., Foster Corporation and KLS Martin Group
• Evonik and Carbion dominated the global market together accounting for over 50% of the total revenue in 2015

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/specialty-bio-based-and-water-soluble-polymers 

Grand View Research has segmented the Bioresorbable polymer market on the basis of product, application and region:

Bioresorbable Polymers Product Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

• Polysaccharides
• Proteins
• Polylactic acid
• Polyglycolic acid
• Polycaprolactone
• Others

Bioresorbable Polymers Application Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

• Drug Delivery
• Orthopedics
• Others

Bioresorbable Polymers Regional Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

North America

• U.S
• Canada
• Mexico

Europe

• Germany
• UK
• France
• Italy

Asia Pacific

• China
• India
• Japan
• Middle East and Africa
• Central & South America

View Blog On This Research Report By Grand View Research: http://www.grandviewresearch.com/blog/bioresorbable-polymer-market-size-share-trends  

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Biopsy Devices Market Is Expected To Grow At A CAGR Of 6.4% During Forecast Period 2012-2020

Global Biopsy Devices Market is expected to reach USD 2.33 billion by 2020 and is expected to grow at a CAGR of 6.4%, according to a new report by Grand View Research. Growing prevalence of several forms of cancer and a considerable presence of unmet market demand for efficient and accurate cancer diagnostic procedures, especially in resource limited settings such as in emerging economies are expected to support future growth of the industry.

According to international cancer agencies, by 2030 the number of cancer incidences is expected to reach over 23 million which is directly expected to affect the number of required biopsies. Furthermore, growth in the global geriatric population is also expected to contribute towards the growth for this market by triggering incidence rates of target ailments and disorders.

Biopsy guidance systems were observed to account for the largest share of revenue for 2013 owing to the technologically advanced and expensive nature of these systems. High prices associated with this segment accounted for over 40% of the market revenue and it is expected that the segment will maintain its position over the forecast period.

However, needle based biopsy guns are expected to provide the most lucrative avenues for growth owing to the presence of growing market demand for minimally invasive biopsy solutions especially for soft tissue biopsy related to breast, renal and prostrate cancers.

Full Research Report on Global Biopsy Devices Market Analysis: http://www.grandviewresearch.com/industry-analysis/biopsy-devices-industry

Further Key findings from the study suggest:

• North America accounted for over 60% of the global revenue generated in the market in 2013 and is expected to maintain this dominant position over the forecast period owing to the presence of favorable government initiatives and a sophisticated healthcare infrastructure.
• The European and North American markets together accounted for over 70% of the global biopsy devices industry in 2013 due to a high degree of market penetration of biopsy guidance systems and equipment. Furthermore, growing prevalence of cancer and need for its early diagnosis is also a key factor accounting for the larger share of these regions.
• Asia Pacific is expected to witness growth in revenue at a faster CAGR over the forecast period owing to rapid technological development in the healthcare segment of the region. Moreover, presence of a high unmet market demand and a large population base with respect to cancer is expected to drive demand in the region throughput the forecast period.
• Key players of the biopsy devices market include Cardinal Health Inc, Angiotech, C.R. Bard Inc, Carefusion Corporation, DTR Medical, Devicor Medical Products Inc., INRAD, Inc., and Hologic, Inc. Expected introduction of newer biopsy related devices such as ProMag Ultra Automatic Biopsy Instrument, Breeze Vacuum Biopsy System, and Affirm breast biopsy guidance system by companies such as Angiotech Pharmaceuticals Inc., Cardinal Health Inc., and Hologic Inc. are also expected to enhance the growth in this industry over the forecast period. The market is expected to have considerable scope for development as there is unmet market potential available for improvement of minimally invasive and cost effective biopsy solutions.

View more related report from same Category by Grand View Research: http://www.grandviewresearch.com/industry/medical-devices

Grand View Research has segmented the Global Biopsy Devices Market on the basis of products and region:

Biopsy Devices Product Outlook
    • Needle-based Biopsy Guns
            • Vacuum-assisted Biopsy (VAB) Devices
            • Fine Needle Aspiration Biopsy (FNAB) Devices
            • Core Needle Biopsy (CNB) devices
    • Biopsy Guidance Systems
            • Manual
            • Robotic
    • Biopsy Needles
            • Disposable
            • Reusable
    • Biopsy Forceps
            • General Biopsy Forceps
            • Hot Biopsy Forceps
    • Others
            • Brushes
            • Curettes
            • Punches
Biopsy Devices Regional Outlook
    • North America
    • Europe
    • Asia Pacific
    • RoW

View Press Release of This Research Report By Grand View Research: http://www.grandviewresearch.com/press-release/biopsy-devices-market 

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Bio-Preservation Market Is Segmented On The Basis Of Products, Application, Cell Providers And Region 2012-2022

Global Biopreservation Market is expected to reach usd 9.34 billion by 2022, according to a new report by Grand View Research Inc. Increasing demand for novel bio-preservation techniques and constantly rising healthcare expenditure is expected to boost the market growth over the forecast period. Adoption of in-house sample storage system by hospitals, biotechnology and pharmaceutical companies is one of the critical success factors for the growth of the industry over next seven years.

Additionally, increasing R&D investments by various research organizations and companies to enhance their capabilities to render efficient and effective products & services is a high impact rendering driver expected to boost bio-preservation market growth. Furthermore, as a consequence of technological advancements such as introduction of virtual bio-banks, bio-preservation is witnessing increased application in end-use hence boosting the growth of bio-preservation market.

Full Research Report on Global Bio-preservation Market Analysis: http://www.grandviewresearch.com/industry-analysis/biopreservation-market

Further key findings from the report suggest:

• Equipment dominated the overall product segment in 2014, with the revenue share of over 80%. Key factors attributing to its large share include rising demand of bio-banks coupled with high cost for preservation of bio-specimens.  
• Media, which encompasses pre-formulated and home-brew media is expected to witness high growth over the forecast period as a consequence of their wide usage in regenerative medicines.
• Bio-banking dominated was the key application segment of bio-preservation in 2014, with lucrative market share owing to increasing number of organ and tissue transplantations, high patient awareness levels and rise in healthcare expenditure.
• Regenerative medicine is estimated to grow at a rate of over 18% as a result of huge investments made by government, and non government organizations in the field of regenerative cell therapy research.
• Tumor cells held the largest share in volume terms in 2014, owing to their wide applications in research & development, diagnosis, and treatment of highly prevalent cancer.
• North America dominated the overall industry in 2014 with over 45% revenue share majorly due to favorable government regulations in North America which are supporting the ethical usage and sharing of biological samples.
• Asia Pacific is expected to grow at substantial rate during the forecast period as a consequence of high unmet needs amongst the population in the region coupled with constantly improving healthcare infrastructure as a result of government initiatives such as Make In India.
• Key players of the bio-preservation market include BioCision, Biomatrica, BioLife Solutions Inc., Chart MVE Biomedical, LabVantage Solutions Inc., Atlanta Biologicals, Panasonic Biomedical, Thermo Fisher Scientific Inc. and Qiagen. These companies are involved in various developmental strategies such as mergers and acquisitions to sustain their market share.

View More related reports from same category by Grand View Research: http://www.grandviewresearch.com/industry/biotechnology 

Grand View Research has segmented the Global Bio-Preservation Market on the basis of products, application, cell providers and region:

Biopreservation Product Outlook (Revenue, USD Billion, 2012 - 2022)

• Equipment

·         Freezers

·         Refrigerators

·         Consumables

§  Vials

§  Straws

§  Microtiter Plates

§  Bags

·         Liquid Nitrogen

·         Media

·         Pre-formulated

·         Home-brew

·         Laboratory Information Management System (LIMS)

Biopreservation Application Outlook (Revenue, USD Billion, 2012 - 2022)

• Regenerative Medicine
• Cell therapy
• Gene therapy
• Others
• Bio-banking
• Human eggs
• Human sperms
• Veterinary IVF
• Drug Discovery

Biopreservation Cell Providers Outlook (Volume, Number of Units, 2012 - 2022)

• CD34+
• CD19+
• MSC
• iPSC
• hESC
• Tumor Cells
• Others

Biopreservation Market Regional Outlook (Revenue, USD Billion, 2012 - 2022)

• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• Asia Pacific
• Japan
• China
• Latin America
• Brazil
• Mexico
• MEA
• South Africa

View Press Release Of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-biopreservation-market-analysis

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com