Definition and Scope: Biostorage services refer to the storage and management of biological samples such as blood, tissues, cells, and DNA in controlled environments to ensure their integrity and viability for research, clinical trials, and diagnostic purposes. These services are crucial for biotechnology companies, research institutions, pharmaceutical companies, and healthcare providers that require secure and reliable storage solutions for their valuable biological materials. Biostorage services typically involve the use of specialized equipment, such as ultra-low temperature freezers, cryogenic storage tanks, and automated sample retrieval systems, to maintain the samples at optimal conditions. The market for biostorage services is experiencing significant growth driven by several key factors. Firstly, the increasing demand for personalized medicine and precision healthcare has led to a rise in research activities involving genetic and biological samples, thereby driving the need for reliable biostorage solutions. Secondly, the growing number of biobanks and biorepositories globally, coupled with stringent regulatory requirements for sample storage and tracking, have further fueled the demand for professional biostorage services. Additionally, advancements in biopreservation technologies, such as automated sample management systems and cloud-based sample tracking software, are enhancing the efficiency and security of biostorage services, attracting more customers from the healthcare and life sciences industries. In addition to these market drivers, the trend towards outsourcing non-core activities, including sample storage and management, is also contributing to the growth of the biostorage services market. Many organizations are opting to partner with specialized biostorage service providers to benefit from their expertise, infrastructure, and quality assurance processes, rather than investing in establishing and maintaining in-house biobanking facilities. This trend is expected to continue as the complexity of sample management requirements increases, driving the demand for outsourced biostorage services that offer scalability, compliance, and cost-effectiveness. The global Biostorage Service market size was estimated at USD 416.51 million in 2024, exhibiting a CAGR of 15.60% during the forecast period. This report offers a comprehensive analysis of the global Biostorage Service market, examining all key dimensions. It provides both a macro-level overview and micro-level market details, including market size, trends, competitive landscape, niche segments, growth drivers, and key challenges. Report Framework and Key Highlights: Market Dynamics: Identification of major market drivers, restraints, opportunities, and challenges. Trend Analysis: Examination of ongoing and emerging trends impacting the market. Competitive Landscape: Detailed profiles and market positioning of major players, including market share, operational status, product offerings, and strategic developments. Strategic Analysis Tools: SWOT Analysis, Porter’s Five Forces Analysis, PEST Analysis, Value Chain Analysis Market Segmentation: By type, application, region, and end-user industry. Forecasting and Growth Projections: In-depth revenue forecasts and CAGR analysis through 2033. This report equips readers with critical insights to navigate competitive dynamics and develop effective strategies. Whether assessing a new market entry or refining existing strategies, the report serves as a valuable tool for: Industry players Investors Researchers Consultants Business strategists And all stakeholders with an interest or investment in the Biostorage Service market. Global Biostorage Service Market: Segmentation Analysis and Strategic Insights This section of the report provides an in-depth segmentation analysis of the global Biostorage Service market. The market is segmented based on region (country), manufacturer, product type, and application. Segmentation enables a more precise understanding of market dynamics and facilitates targeted strategies across product development, marketing, and sales. By breaking the market into meaningful subsets, stakeholders can better tailor their offerings to the specific needs of each segment—enhancing competitiveness and improving return on investment. Global Biostorage Service Market: Market Segmentation Analysis The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments. Key Companies Profiled Azenta EPL Archives (VWR) Thermo Fisher Scientific Precision for Medicine Kryosphere Cryoport Inc Masy BioServices (Alcami) SciSafe (BioLife Solutions) Cenetron (Versiti Clinical Trials) Vigilant Bioservices Hong Kong Science & Technology Parks BioArkive Precision Stability Storage Goodwill E-health Info Co Tescor Birka BioStorag Shanghai Biochip Co Albetra Market Segmentation by Type Room Temperature Storage Refrigerated Storage Frozen Storage Ultra Low Temperature Storage Liquid Nitrogen Storage Market Segmentation by Application Life Sciences and Medicine Hospital Government and Scientific Research Institutions Chemical Industry Other Geographic Segmentation North America: United States, Canada, Mexico Europe: Germany, France, Italy, U.K., Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium, Russia. Asia-Pacific: China, Japan, South Korea, India, Australia, Indonesia, Malaysia, Philippines, Singapore, Thailand South America: Brazil, Argentina, Colombia. Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates, Egypt, Nigeria, South Africa, Rest of MEA Report Framework and Chapter Summary Chapter 1: Report Scope and Market Definition This chapter outlines the statistical boundaries and scope of the report. It defines the segmentation standards used throughout the study, including criteria for dividing the market by region, product type, application, and other relevant dimensions. It establishes the foundational definitions and classifications that guide the rest of the analysis. Chapter 2: Executive Summary This chapter presents a concise summary of the market’s current status and future outlook across different segments—by geography, product type, and application. It includes key metrics such as market size, growth trends, and development potential for each segment. The chapter offers a high-level overview of the Biostorage Service Market, highlighting its evolution over the short, medium, and long term. Chapter 3: Market Dynamics and Policy Environment This chapter explores the latest developments in the market, identifying key growth drivers, restraints, challenges, and risks faced by industry participants. It also includes an analysis of the policy and regulatory landscape affecting the market, providing insight into how external factors may shape future performance. Chapter 4: Competitive Landscape This chapter provides a detailed assessment of the market's competitive environment. It covers market share, production capacity, output, pricing trends, and strategic developments such as mergers, acquisitions, and expansion plans of leading players. This analysis offers a comprehensive view of the positioning and performance of top competitors. Chapters 5–10: Regional Market Analysis These chapters offer in-depth, quantitative evaluations of market size and growth potential across major regions and countries. Each chapter assesses regional consumption patterns, market dynamics, development prospects, and available capacity. The analysis helps readers understand geographical differences and opportunities in global markets. Chapter 11: Market Segmentation by Product Type This chapter examines the market based on product type, analyzing the size, growth trends, and potential of each segment. It helps stakeholders identify underexplored or high-potential product categories—often referred to as “blue ocean” opportunities. Chapter 12: Market Segmentation by Application This chapter analyzes the market based on application fields, providing insights into the scale and future development of each application segment. It supports readers in identifying high-growth areas across downstream markets. Chapter 13: Company Profiles This chapter presents comprehensive profiles of leading companies operating in the market. For each company, it details sales revenue, volume, pricing, gross profit margin, market share, product offerings, and recent strategic developments. This section offers valuable insight into corporate performance and strategy. Chapter 14: Industry Chain and Value Chain Analysis This chapter explores the full industry chain, from upstream raw material suppliers to downstream application sectors. It includes a value chain analysis that highlights the interconnections and dependencies across various parts of the ecosystem. Chapter 15: Key Findings and Conclusions The final chapter summarizes the main takeaways from the report, presenting the core conclusions, strategic recommendations, and implications for stakeholders. It encapsulates the insights drawn from all previous chapters. Table of Contents 1 Introduction 1.1 Biostorage Service Market Definition 1.2 Biostorage Service Market Segments 1.2.1 Segment by Type 1.2.2 Segment by Application 2 Executive Summary 2.1 Global Biostorage Service Market Size 2.2 Market Segmentation – by Type 2.3 Market Segmentation – by Application 2.4 Market Segmentation – by Geography 3 Key Market Trends, Opportunity, Drivers and Restraints 3.1 Key Takeway 3.2 Market Opportunities & Trends 3.3 Market Drivers 3.4 Market Restraints 3.5 Market Major Factor Assessment 4 Global Biostorage Service Market Competitive Landscape 4.1 Global Biostorage Service Market Share by Company (2020-2025) 4.2 Biostorage Service Market Share by Company Type (Tier 1, Tier 2, and Tier 3) 4.3 New Entrant and Capacity Expansion Plans 4.4 Mergers & Acquisitions 5 Global Biostorage Service Market by Region 5.1 Global Biostorage Service Market Size by Region 5.2 Global Biostorage Service Market Size Market Share by Region 6 North America Market Overview 6.1 North America Biostorage Service Market Size by Country 6.1.1 USA Market Overview 6.1.2 Canada Market Overview 6.1.3 Mexico Market Overview 6.2 North America Biostorage Service Market Size by Type 6.3 North America Biostorage Service Market Size by Application 6.4 Top Players in North America Biostorage Service Market 7 Europe Market Overview 7.1 Europe Biostorage Service Market Size by Country 7.1.1 Germany Market Overview 7.1.2 France Market Overview 7.1.3 U.K. Market Overview 7.1.4 Italy Market Overview 7.1.5 Spain Market Overview 7.1.6 Sweden Market Overview 7.1.7 Denmark Market Overview 7.1.8 Netherlands Market Overview 7.1.9 Switzerland Market Overview 7.1.10 Belgium Market Overview 7.1.11 Russia Market Overview 7.2 Europe Biostorage Service Market Size by Type 7.3 Europe Biostorage Service Market Size by Application 7.4 Top Players in Europe Biostorage Service Market 8 Asia-Pacific Market Overview 8.1 Asia-Pacific Biostorage Service Market Size by Country 8.1.1 China Market Overview 8.1.2 Japan Market Overview 8.1.3 South Korea Market Overview 8.1.4 India Market Overview 8.1.5 Australia Market Overview 8.1.6 Indonesia Market Overview 8.1.7 Malaysia Market Overview 8.1.8 Philippines Market Overview 8.1.9 Singapore Market Overview 8.1.10 Thailand Market Overview 8.2 Asia-Pacific Biostorage Service Market Size by Type 8.3 Asia-Pacific Biostorage Service Market Size by Application 8.4 Top Players in Asia-Pacific Biostorage Service Market 9 South America Market Overview 9.1 South America Biostorage Service Market Size by Country 9.1.1 Brazil Market Overview 9.1.2 Argentina Market Overview 9.1.3 Columbia Market Overview 9.2 South America Biostorage Service Market Size by Type 9.3 South America Biostorage Service Market Size by Application 9.4 Top Players in South America Biostorage Service Market 10 Middle East and Africa Market Overview 10.1 Middle East and Africa Biostorage Service Market Size by Country 10.1.1 Saudi Arabia Market Overview 10.1.2 UAE Market Overview 10.1.3 Egypt Market Overview 10.1.4 Nigeria Market Overview 10.1.5 South Africa Market Overview 10.2 Middle East and Africa Biostorage Service Market Size by Type 10.3 Middle East and Africa Biostorage Service Market Size by Application 10.4 Top Players in Middle East and Africa Biostorage Service Market 11 Biostorage Service Market Segmentation by Type 11.1 Evaluation Matrix of Segment Market Development Potential (Type) 11.2 Global Biostorage Service Market Share by Type (2020-2033) 12 Biostorage Service Market Segmentation by Application 12.1 Evaluation Matrix of Segment Market Development Potential (Application) 12.2 Global Biostorage Service Market Size (M USD) by Application (2020-2033) 12.3 Global Biostorage Service Sales Growth Rate by Application (2020-2033) 13 Company Profiles 13.1 Azenta 13.1.1 Azenta Company Overview 13.1.2 Azenta Business Overview 13.1.3 Azenta Biostorage Service Major Product Overview 13.1.4 Azenta Biostorage Service Revenue and Gross Margin fromBiostorage Service (2020-2025) 13.1.5 Key News 13.2 EPL Archives (VWR) 13.2.1 EPL Archives (VWR) Company Overview 13.2.2 EPL Archives (VWR) Business Overview 13.2.3 EPL Archives (VWR) Biostorage Service Major Product Overview 13.2.4 EPL Archives (VWR) Biostorage Service Revenue and Gross Margin fromBiostorage Service (2020-2025) 13.2.5 Key News 13.3 Thermo Fisher Scientific 13.3.1 Thermo Fisher Scientific Company Overview 13.3.2 Thermo Fisher Scientific Business Overview 13.3.3 Thermo Fisher Scientific Biostorage Service Major Product Overview 13.3.4 Thermo Fisher Scientific Biostorage Service Revenue and Gross Margin fromBiostorage Service (2020-2025) 13.3.5 Key News 13.4 Precision for Medicine 13.4.1 Precision for Medicine Company Overview 13.4.2 Precision for Medicine Business Overview 13.4.3 Precision for Medicine Biostorage Service Major Product Overview 13.4.4 Precision for Medicine Biostorage Service Revenue and Gross Margin fromBiostorage Service (2020-2025) 13.4.5 Key News 13.5 Kryosphere 13.5.1 Kryosphere Company Overview 13.5.2 Kryosphere Business Overview 13.5.3 Kryosphere Biostorage Service Major Product Overview 13.5.4 Kryosphere Biostorage Service Revenue and Gross Margin fromBiostorage Service (2020-2025) 13.5.5 Key News 13.6 Cryoport Inc 13.6.1 Cryoport Inc Company Overview 13.6.2 Cryoport Inc Business Overview 13.6.3 Cryoport Inc Biostorage Service Major Product Overview 13.6.4 Cryoport Inc Biostorage Service Revenue and Gross Margin fromBiostorage Service (2020-2025) 13.6.5 Key News 13.7 Masy BioServices (Alcami) 13.7.1 Masy BioServices (Alcami) Company Overview 13.7.2 Masy BioServices (Alcami) Business Overview 13.7.3 Masy BioServices (Alcami) Biostorage Service Major Product Overview 13.7.4 Masy BioServices (Alcami) Biostorage Service Revenue and Gross Margin fromBiostorage Service (2020-2025) 13.7.5 Key News 13.8 SciSafe (BioLife Solutions) 13.8.1 SciSafe (BioLife Solutions) Company Overview 13.8.2 SciSafe (BioLife Solutions) Business Overview 13.8.3 SciSafe (BioLife Solutions) Biostorage Service Major Product Overview 13.8.4 SciSafe (BioLife Solutions) Biostorage Service Revenue and Gross Margin fromBiostorage Service (2020-2025) 13.8.5 Key News 13.9 Cenetron (Versiti Clinical Trials) 13.9.1 Cenetron (Versiti Clinical Trials) Company Overview 13.9.2 Cenetron (Versiti Clinical Trials) Business Overview 13.9.3 Cenetron (Versiti Clinical Trials) Biostorage Service Major Product Overview 13.9.4 Cenetron (Versiti Clinical Trials) Biostorage Service Revenue and Gross Margin fromBiostorage Service (2020-2025) 13.9.5 Key News 13.10 Vigilant Bioservices 13.10.1 Vigilant Bioservices Company Overview 13.10.2 Vigilant Bioservices Business Overview 13.10.3 Vigilant Bioservices Biostorage Service Major Product Overview 13.10.4 Vigilant Bioservices Biostorage Service Revenue and Gross Margin fromBiostorage Service (2020-2025) 13.10.5 Key News 13.11 Hong Kong Science and Technology Parks 13.11.1 Hong Kong Science and Technology Parks Company Overview 13.11.2 Hong Kong Science and Technology Parks Business Overview 13.11.3 Hong Kong Science and Technology Parks Biostorage Service Major Product Overview 13.11.4 Hong Kong Science and Technology Parks Biostorage Service Revenue and Gross Margin fromBiostorage Service (2020-2025) 13.11.5 Key News 13.12 BioArkive 13.12.1 BioArkive Company Overview 13.12.2 BioArkive Business Overview 13.12.3 BioArkive Biostorage Service Major Product Overview 13.12.4 BioArkive Biostorage Service Revenue and Gross Margin fromBiostorage Service (2020-2025) 13.12.5 Key News 13.13 Precision Stability Storage 13.13.1 Precision Stability Storage Company Overview 13.13.2 Precision Stability Storage Business Overview 13.13.3 Precision Stability Storage Biostorage Service Major Product Overview 13.13.4 Precision Stability Storage Biostorage Service Revenue and Gross Margin fromBiostorage Service (2020-2025) 13.13.5 Key News 13.14 Goodwill E-health Info Co 13.14.1 Goodwill E-health Info Co Company Overview 13.14.2 Goodwill E-health Info Co Business Overview 13.14.3 Goodwill E-health Info Co Biostorage Service Major Product Overview 13.14.4 Goodwill E-health Info Co Biostorage Service Revenue and Gross Margin fromBiostorage Service (2020-2025) 13.14.5 Key News 13.15 Tescor 13.15.1 Tescor Company Overview 13.15.2 Tescor Business Overview 13.15.3 Tescor Biostorage Service Major Product Overview 13.15.4 Tescor Biostorage Service Revenue and Gross Margin fromBiostorage Service (2020-2025) 13.15.5 Key News 13.16 Birka BioStorag 13.16.1 Birka BioStorag Company Overview 13.16.2 Birka BioStorag Business Overview 13.16.3 Birka BioStorag Biostorage Service Major Product Overview 13.16.4 Birka BioStorag Biostorage Service Revenue and Gross Margin fromBiostorage Service (2020-2025) 13.16.5 Key News 13.17 Shanghai Biochip Co 13.17.1 Shanghai Biochip Co Company Overview 13.17.2 Shanghai Biochip Co Business Overview 13.17.3 Shanghai Biochip Co Biostorage Service Major Product Overview 13.17.4 Shanghai Biochip Co Biostorage Service Revenue and Gross Margin fromBiostorage Service (2020-2025) 13.17.5 Key News 13.18 Albetra 13.18.1 Albetra Company Overview 13.18.2 Albetra Business Overview 13.18.3 Albetra Biostorage Service Major Product Overview 13.18.4 Albetra Biostorage Service Revenue and Gross Margin fromBiostorage Service (2020-2025) 13.18.5 Key News 13.18.6 Key News 14 Key Market Trends, Opportunity, Drivers and Restraints 14.1 Key Takeway 14.2 Market Opportunities & Trends 14.3 Market Drivers 14.4 Market Restraints 14.5 Market Major Factor Assessment 14.6 Porter's Five Forces Analysis of Biostorage Service Market 14.7 PEST Analysis of Biostorage Service Market 15 Analysis of the Biostorage Service Industry Chain 15.1 Overview of the Industry Chain 15.2 Upstream Segment Analysis 15.3 Midstream Segment Analysis 15.3.1 Manufacturing, Processing or Conversion Process Analysis 15.3.2 Key Technology Analysis 15.4 Downstream Segment Analysis 15.4.1 Downstream Customer List and Contact Details 15.4.2 Customer Concerns or Preference Analysis 16 Conclusion 17 Appendix 17.1 Methodology 17.2 Research Process and Data Source 17.3 Disclaimer 17.4 Note 17.5 Examples of Clients 17.6 DisclaimerResearch Methodology The research methodology employed in this study follows a structured, four-stage process designed to ensure the accuracy, consistency, and relevance of all data and insights presented. The process begins with Information Procurement, wherein data is collected from a wide range of primary and secondary sources. This is followed by Information Analysis, during which the collected data is systematically mapped, discrepancies across sources are examined, and consistency is established through cross-validation.
Subsequently, the Market Formulation phase involves placing verified data points into an appropriate market context to generate meaningful conclusions. This step integrates analyst interpretation and expert heuristics to refine findings and ensure applicability. Finally, all conclusions undergo a rigorous Validation and Publishing process, where each data point is re-evaluated before inclusion in the final deliverable. The methodology emphasizes bidirectional flow and reversibility between key stages to maintain flexibility and reinforce the integrity of the analysis.
Research Process The market research process follows a structured and iterative methodology designed to ensure accuracy, depth, and reliability. It begins with scope definition and research design, where the research objectives are clearly outlined based on client requirements, emerging market trends, and initial exploratory insights. This phase provides strategic direction for all subsequent stages of the research. Data collection is then conducted through both secondary and primary research. Secondary research involves analyzing publicly available and paid sources such as company filings, industry journals, and government databases to build foundational knowledge. This is followed by primary research, which includes direct interviews and surveys with key industry stakeholders—such as manufacturers, distributors, and end users—to gather firsthand insights and address data gaps identified earlier. Techniques included CATI (Computer-Assisted Telephonic Interviewing), CAWI (Computer-Assisted Web Interviewing), CAVI (Computer-Assisted Video Interviewing via platforms like Zoom and WebEx), and CASI (Computer-Assisted Self Interviewing via email or LinkedIn).