Impact Analysis of Covid-19
The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
The GlobalTissue Banking Market, by Product (Media and Consumables, and Equipment), by Tissue (Bone, Brain & Spinal Cord, Cornea, Heart Valves, Skin, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)was valued atUS$ 1.04 billionin 2017 and is estimated to exhibit a CAGR of 10.8%during the forecast period (2018-2026),as highlighted in a new report published by Coherent Market Insights.
Transplantation is a complex area of medicine, where organs or tissues are transplanted from one person to another. Human cells and tissue transplantation are mainly performed for saving lives and/or to restore essential functions. For instance, a corneal graft can restore sight in corneal blindness, and transplantation of a human heart valve can save lives even of pediatric patients.
Moreover, government plays an important role in tissue banking establishments and management, which is expected to drive the market growth over the forecast period. For instance, in 2013, three institutes at the National Institute of Health, including the National Institute of Mental Health (NIMH), the National Institute of Neurological Disorders and Stroke (NINDS), and the National Institute of Child Health and Human Development (NICHD) launched a joint initiative NeuroBioBank in the U.S. It links together six large organ and tissue repositories through a common web portal.
Browse Research Report At: https://www.coherentmarketinsights.com/market-insight/tissue-banking-market-2600
Key players in tissue banking market are proactively working towards the research and development of new opportunities. For instance, in October 2018, MTF Biologics announced the formation of a new tissue recovery relationship with Regenerative Biologics, Inc. The organizations will seek to provide expanded birth-tissue donation opportunities for expectant mothers and their families and enhance patients access to high-quality placental tissues for wound care applications.
Similarly, in 2017, Natera, a leader in genetic testing launched Evercord, a new offering that enables expectant parents to collect, store, and potentially retrieve their newborns cord, blood, and tissue for therapeutic use in transplantation and regenerative medicine applications.
Browse 38 Market Data Tables and 27 Figures spread through 152 Pages and in-depth TOC on Tissue Banking Market, by Product (Media and Consumables, and Equipment), by Tissue (Bone, Brain & Spinal Cord, Cornea, Heart Valves, Skin, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) Global Forecast to 2026
To know the latest trends and insights related to tissue banking market press release, click the link below: https://www.coherentmarketinsights.com/press-release/tissue-banking-market-to-surpass-us-25-billion-by-2026-1378
Key Takeaways of the Tissue Banking Market:
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Originally posted here:
Tissue Banking Market To Find Better Growth with US$ 2.5 Billion By 2026 | CAGR: 10.8%: Coherent Mar - PharmiWeb.com
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