Tissue banking has given a promising hope for treating various debilitating conditions such as neurological diseases, cardiovascular, cancer, diabetes mellitus and other autoimmune diseases. Tissue banking is the collection and preservation of allograft/autograft tissue from people who died from sudden illness or accident or some other reason. It includes tissues like blood, bone, heart, valves, skin, cornea, blood vessel and soft tissues etc. Human tissue is used for different treatments like treatment of burns, reconstructive surgery, cancer care and heart valve replacements. Human tissue is also widely used in scientific and medical research to expand the understanding of the progression of a disease.

According to IndustryARC, the tissue banking market was $33.4 billion in 2014 and is estimated to grow at a CAGR of 5.62% during the forecast period.

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REPORT SCOPE:

Segmentation Brief:
The global market for Tissue Banking has been segmented by the tissue type, by equipment and by application. The various equipments used for tissue banking are cryopreservation systems, labeling and coding equipment, thawing equipment, quality control equipment, alarming and monitoring systems and others. The broad segmentation is further broken down into multiple sub segmentations and a detailed analysis is projected by IndustryARC.

Key Players of the Market:
• CCLG tissue bank
• Taylor-Wharton International LLC
• Tecan Group Ltd
• Biocision, LLC
• Thermo fisher Scientific.

Table of Contents and Insights:
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Chronic Diseases will drive the Growth:

Chronic disease is the leading cause of death globally. As per WHO, worldwide deaths due to chronic disease and disease burden rates have 45% and 86% share respectively under the 70 years of age group. Tissue banking is a novel way to treat myriad of chronic diseases including blood disorders, immune diseases and in the development of regenerative medicine.
Public Awareness of Stem Cell Treatment will drive the Tissue Banking Market:

Increasing awareness and knowledge of public and medical professional about tissue donation is crucial for tissue transplantation. Awareness efforts lead to rise in donor registration entries, tissue donations and transplantations, obtaining corporate sponsorship, and encouraging family discussions and others. Potential public awareness activities include community program, corporate and community tissue bank program.

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IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.
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