At the end of 2021, the global GMP storage market generated around US$ 5.7 billion in revenue. By the end of 2032, the market is expected to have grown by 5.6% at a CAGR of value. By the end of 2032, Persistence Market Research projects that the market for GMP storage devices will be worth US$ 8.3 Bn. Global sales of GMP storage products and services represent roughly 4.7% of the market’s total revenue, which was estimated to be worth about US$119.98 Bn at the end of 2021.
Request for Free Sample Copy@ https://www.persistencemarketresearch.com/samples/33113
A historic CAGR of 4.4% was seen in the last nine years, from 2012 to 2021, on the global GMP storage market. The development of large molecule biological products that need to be stored chilled or frozen has been spurred by the current emphasis on vaccine manufacture. The global market is positively impacted by these new items, but temperature-controlled GMP storage is essential.
The cost of building and maintaining temperature-controlled GMP storage facilities is the first consideration. In addition to refrigeration equipment, such facilities require significant security, building management/temperature monitoring, inventory management, and backup power systems. For the upkeep and operation of the equipment as well as regulatory compliance, they also require qualified personnel.
Get up to 20% discount on Full Report Purchase @ https://www.persistencemarketresearch.com/checkout/33113
Companies
-
- ThermoGenesis Holdings, Inc.
- ThermoFisher Scientific Inc.
- BioLife Solutions, Inc.
- Danaher(Cytiva)
- MEDIPOST
- REMI GROUP
- Eurofins Scientific
- Eppendorf
- Intertek Group Plc
- Arctiko
- Bioline Technologies
- Hindustan Apparatus Mfg. Co.
- P L Tandon & Co.
- Stericox India Private Limited
- SY-LAB Geräte GmbH
- BioConvergence LLC d/b/a Singota Solutions
- PHC Holdings Corporation
- Pace Life Sciences
- Haier Biomedical
- Helmer Scientific Inc.
Competitive Landscape
To strengthen their product lines around the globe, leading manufacturers are developing technologically-advanced products. Similarly, several major competitors in the GMP storage industry have engaged in consolidation activities such as mergers & acquisitions. Another significant approach noticed in the industry is the expansion of corporate collaborations to boost their GMP storage services.
-
- BioLife Solutions, Inc. acquired Global Cooling, Inc. in May 2021, which has a portfolio of freezers ranging in size from portable units to stationary upright freezers to suit a wide range of applications.
- BioLife Solutions debuted a new high-capacity, controlled-rate freezer line in April 2021, with the first shipment going to a leading cell treatment provider.
Request For Customization @ https://www.persistencemarketresearch.com/request-customization/33113
Key Segments Covered in GMP Storage Industry Research
GMP Storage Market by Product & Service:
GMP Storage Products
-
- Refrigerators and Freezers
- Cryogenic Storage
GMP Storage Services
GMP Storage Market by Application:
-
- Cell & Gene Therapy
- Cell Banking
- Biologics
- Small Molecules
- Others
GMP Storage Market by End User:
-
- Biopharmaceutical Companies
- Contract Manufacturing Organizations
- Contract Research Organizations
- Research & Academic Institutes
GMP Storage Market by Region:
-
- North America GMP Storage Market
- Latin America GMP Storage Market
- Europe GMP Storage Market
- South Asia GMP Storage Market
- East Asia GMP Storage Market
- Oceania GMP Storage Market
- The Middle East & Africa GMP Storage Market
Related Reports:
About Us
Persistence Market Research’s Expertise in Life Sciences and Transformational Health
Our expert team of industry analysts comprising management graduates, medical professionals, engineers, and project managers provides insights on emerging therapy areas, diagnostic tools, medical devices and components, reimbursement and market access, biotechnology, and life science research products and services to equip decision-makers with sound inputs and strategic recommendations. Click here to learn more about how we zero in on the critical aspects of this industry.
Contact Us
Persistence market research
Address – 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – sales@persistencemarketresearch.com