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(Medical-NewsWire.com, July 25, 2017 ) North America Bio preservation Market to grow from USD 931 million from 2016 to USD 1598 million with a high CAGR of 11.4%.Bio preservation refers to the preservation and enhanced safety of food using biological materials. An example of this is nisin, a bacterial protein that can act as a broad-spectrum antibiotic. Nisin cannot be synthesized chemically, so the nisin-producing bacteria Lactobacillus must be used to generate the protein.
The exploitation of bio preservation is by no means a new concept. Biotechnological processes for preserving food have already been used for thousands of years, even though the underlying mechanisms were not understood. Today, bio preservation of foods is as relevant as ever before because it is one of the few possible answers to what at first glance appears to be totally contradictory trends and demands.
The DROC Analysis contains some of the factors that have major effects on the market dynamics be it positive or negative. Few factors analysed in the section are rising demand for preserving new-born’s stem cells, increasing healthcare expenditure, rising R&D investments on research advances in drug discovery, biobanks, regenerative market, investment by government and private corporations. The market is also aided by the advancements in the diagnostics and personalised medicines, increasing applications and new facilities in bio preservation. However, there are a few hurdles the market has to overcome that include stability issues of specimens and high cost pertaining to technologically advanced products in order for the market to sustain in the future.
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The market is segmented based on product type, bio-specimens, application and end-users and is studied for a deep-level understanding of the Biopreservation Market . Each sub segment is accompanied with Market Size Estimations and Y-o-Y Forecasts as well.
• By Product Type
o Biopreservation Media
o Biopreservation equipment
o Lab Information System Management
• By Bio-Specimens
o Human tissue samples
o Organs
o Stem cells
o Other bio-specimens
• By Application
o Therapeutic applications
o Research applications
o Clinical trials
o Other applications
• By End-User
o Biobanks
o Gene Banks
o Hospitals
o Others
North American Market is studied in geographic perspective by segregating the market shares between USA and Canada. The North America market is advanced and is focused on inventing cost-effective techniques. Companies are dedicated to research, sourcing, and quality, factors that are vital to the success of the industry.
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As per the report, the key players in the industry are Thermo Fisher Scientific, Inc., Bio Life Solutions, Inc., Sigma-Aldrich Corporation, VWR Corporation, BioCision LLC, Cesca Therapeutics Inc., So-Low Environmental Equipment Co., Taylor-Wharton, Panasonic Corporation and Lifeline Scientific Inc.
Scope of the North America Biopreservation Market:
• Regional and country-level analysis that provides an innate perspective of USA and Canada Market to that of the North American region
• To detect major focus areas of industrial growth Segment-level analysis on basis of type, therapeutics, end-user along with market size forecasts and y-o-y estimations are provided
• Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics
• PESTLE and Porter’s Five Forces Analyses that examine the macro& micro environmental factors such as political influence, technological prowess, industry rivalry to name a few.
• An extensive listing of major market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment
• mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies all rolled out into Competitive landscape
• Expertly devised Market Outlook comprising the investment opportunities to provide both individuals and organizations a strong financial foothold in the market
About Market Data Forecast:
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Abhishek
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Source: EmailWire.Com 
Source: EmailWire.com
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