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Corporation
HEALTHCARE | Biotechnology
biolifesolutions.com

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Founded Year

1987

Stage

PIPE | IPO

Market Cap

1.35B

Stock Price

41.74

Revenue

$0000 

About BioLife Solutions

BioLife Solutions (NASDAQ: BLFS) provides biopreservation tools for cells, tissues, and organs that aims to facilitate basic and applied research and the commercialization of new therapies by maintaining the health and function of biologic source material and finished products during manufacturing, distribution, and clinical administration.

BioLife Solutions Headquarter Location

3303 Monte Villa Parkway Suite 310

Bothell, Washington, 98021,

United States

866-424-6543

Latest BioLife Solutions News

North America Cryopreservation Equipment Market Forecast to 2028 - 3D Printing to Provide Customizable Probes for Sensing and Monitoring in Cryobiology Applications - ResearchAndMarkets.com

Oct 20, 2021

Freezers Segment has the Largest Share of Type in the North America Cryopreservation Equipment Market during 2021-2028 North America Cryopreservation Equipment Market is expected to reach US$ 6,112.6 million by 2028 from US$ 3,096.0 million in 2021. The market is estimated to grow at a CAGR of 10.2% from 2021 to 2028. The report provides trends prevailing in the North America cryopreservation equipment market along with the drivers and restraints pertaining to the market growth. The growth of this market is estimated to grow owing to key driving factors such as the growing acceptance for regenerative medicine and increasing needs of biobanking practices are the key factors driving the market growth. However, the market is expected experiencing slow growth during the forecast period owing to the stringent regulatory requirements for equipment, reagents, cryogens, disposables, and consumables. North America has been witnessing a growing number of COVID-19 cases since its outbreak. The market is expected to grow at steady rate, owing to the precaution that are taken during by the manufacturers of cryopreservation equipment and thus due to COVID-19, this market is not likely to hinder. For researchers such as histopathologists who deal with morbid tissue samples, inactivation of the coronavirus has proved one of the greatest challenges of the present day. However, in certain cases vitrification of egg and embryos was an important freezing technique to tailor the most appropriate transfers in assisted reproduction. Cryopreservation techniques were used at significant rates during the pandemic in stem cell laboratories. Thus, the evident use of cryopreservation equipment led to a considerate growth in the market during the pandemic. The market for cryopreservation equipment market is segmented into type, cryogen type, application, and End-user. Based on type, the cryopreservation equipment market is segmented into freezers, sample preparation systems, and accessories. In 2020, the freezers segment held the largest share of the market, by type. Moreover, the same segment is estimated to grow at significant CAGR due to versatile nature of freezers to be used in various settings, easy to use, technological advances, increasing product launches, and high adoption of freezers in stem cell banks during the forecast period. Thermo Fisher Scientific Inc. Gold Sim Cellular Science Llc, Brooks Automation, Inc. Avantor, Inc. Hamilton Company, PHC Holdings Corporation, General Electric Company, Cryoport Systems, LLC. Antech Group Inc. Cryofab, BioLife Solutions, and ZhongkeMeiling Cryogenics Company Limited are among the leading companies in the North America cryopreservation equipment market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in April 2021, with an initial shipment to a leading cell treatment business, BioLife Solutions, Inc. released a new line of high capacity-controlled rate freezers (HCRF). Key Topics Covered:

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Expert Collections containing BioLife Solutions

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

BioLife Solutions is included in 1 Expert Collection, including Deloitte 2019 Technology Fast500 - North America.

D

Deloitte 2019 Technology Fast500 - North America

501 items

BioLife Solutions Patents

BioLife Solutions has filed 20 patents.

The 3 most popular patent topics include:

  • Apple cultivars
  • Cooling technology
  • Biotechnology
patents chart

Application Date

Grant Date

Title

Related Topics

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5/23/2017

2/9/2021

Thermodynamics, Sensors, Phase transitions, Cooling technology, Cell biology

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5/23/2017

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2/9/2021

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Related Topics

Thermodynamics, Sensors, Phase transitions, Cooling technology, Cell biology

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Status

Grant

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BioLife Solutions Web Traffic

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