Global Biopreservation Market to Grow at CAGR of 16.70% from 2013 to 2019 Due to Increasing Number of Diseases
The emergence of biomedical research for new drugs and therapies will be one of the key factors responsible for the growth of the biopreservation market. Increasing utilization of stem cells, tissues, plasma and DNA in the research sector requires adequate storage facilities to accommodate samples and maintain their stability. Thus, equipment such as freezer, refrigerator, liquid nitrogen and consumables, along with media and laboratory information management system (LIMS) are utilized for storing biological samples.
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