Global Tissue Banking Equipment and Consumables Market to Reach US$4.3 Billion by 2030
The global market for Tissue Banking Equipment and Consumables estimated at US$2.2 Billion in the year 2024, is expected to reach US$4.3 Billion by 2030, growing at a CAGR of 11.6% over the analysis period 2024-2030. Consumables, one of the segments analyzed in the report, is expected to record a 11.1% CAGR and reach US$2.5 Billion by the end of the analysis period. Growth in the Equipment segment is estimated at 12.4% CAGR over the analysis period.
The U.S. Market is Estimated at US$601.9 Million While China is Forecast to Grow at 10.6% CAGR
The Tissue Banking Equipment and Consumables market in the U.S. is estimated at US$601.9 Million in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$646.5 Million by the year 2030 trailing a CAGR of 10.6% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 10.3% and 9.9% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 8.4% CAGR.
Global Tissue Banking Equipment and Consumables Market - Key Trends and Drivers Summarized
How Is Tissue Banking Equipment and Consumables Enabling Advances in Biomedical Research?
Tissue banking equipment and consumables are essential tools in biobanking, supporting the collection, processing, preservation, and storage of biological tissues for research and clinical use. The importance of biobanks has grown significantly in recent years, particularly with the rise of personalized medicine, regenerative therapies, and cancer research. Tissue samples preserved in biobanks are invaluable for understanding disease mechanisms, developing new treatments, and conducting clinical trials. The equipment used in tissue banking, such as cryopreservation units, freezers, and automated storage systems, ensures that tissues are stored under optimal conditions, while consumables like cryovials, reagents, and storage media are critical for maintaining tissue integrity during processing and storage.
What Are the Key Segments Driving the Tissue Banking Equipment and Consumables Market?
Equipment includes cryopreservation units, automated storage systems, and sample tracking software. Consumables consist of items like cryovials, tubes, storage bags, and reagents used for processing and storing tissues. Applications range from oncology and regenerative medicine to drug discovery and clinical research. End-users of tissue banking equipment include hospitals, research laboratories, pharmaceutical companies, and academic institutions. The increasing demand for tissue samples in cancer research, personalized medicine, and stem cell therapies is driving the growth of this market across all these segments. Regionally, North America leads the market due to its well-established biobanking infrastructure and research capabilities, followed by Europe and Asia-Pacific.
What Technological Advancements Are Driving the Tissue Banking Market?
The tissue banking industry has benefited from several technological advancements, particularly in automation and preservation technologies. Automated tissue processing systems are now enabling high-throughput workflows, reducing human error, and improving sample quality. Innovations in cryopreservation technologies, such as vitrification, are ensuring better preservation of cell viability and tissue structure. Digital systems, including cloud-based platforms and sample tracking software, are revolutionizing biobank management by enhancing data integrity, security, and accessibility. Additionally, advancements in sample labeling and tracking using RFID and barcoding technologies are helping to improve accuracy and compliance in tissue handling. These innovations are not only enhancing efficiency but also ensuring that biobanks can scale their operations to meet the growing demand for biological samples.
What Factors Are Driving Growth in the Tissue Banking Equipment and Consumables Market?
The growth in the tissue banking equipment and consumables market is driven by several factors, including the rising demand for personalized medicine, advances in regenerative medicine, and the increasing use of tissue samples in cancer research. The expansion of biobanks and the growing emphasis on the quality and longevity of stored tissues are driving the need for advanced cryopreservation technologies and storage solutions. The rise of stem cell therapies and the need for high-quality tissue samples for drug discovery and clinical trials are also significant drivers. Additionally, the growing focus on automation, data security, and regulatory compliance in biobanking operations is fueling the adoption of sophisticated tissue banking equipment and consumables.
SCOPE OF STUDY:TARIFF IMPACT FACTOR
Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.
We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.
We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.
As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.
To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!
APRIL 2025: NEGOTIATION PHASE
Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.
JULY 2025 FINAL TARIFF RESET
Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.
Reciprocal and Bilateral Trade & Tariff Impact Analyses:
USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.
Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.
Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook