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Technological evolutions in the field of bio preservation processes paired with growing healthcare expenditure are predicted to improve the access towards quality healthcare and advanced products, which include biopreservation services, thus expanding growth possibilities. Also, the hospitals, gene banks, and biobanks, which are prominent end-users, are encouraging manufacturers to build technologically advanced biopreservation products to augment patient outcomes. For instance, 2021, Thermo Scientific launched Cytomat 24 automated incubators and storage systems to bring the latest incubation technology to large capacity microplate incubation applications, with excellent temperature uniformity and stability that ensure reproducibility for cell culture applications. The systems provide speedy delivery of microtiter plates through an advanced plate shuttle system to meet the needs of high-throughput laboratories and accelerate research. Further, the growing demand for personalized medicine will also boost the biopreservation market in the forecast period. Moreover, some factors that are expected to hinder the growth of this market involve the high cost of biopreservation equipment’s, lack of awareness among people about bio preservation, and constant concerns of people regarding tissue and cell injury during freezing and thawing will hinder the growth of biopreservation market in the forecast period.
During the Covid-19 pandemic, the bio preservation market has experienced a positive impact. With increasing cases of Covid-19, there was a huge need for the collection and preservation of Covid-19 samples. For instance, according to an article published by Mary Ann Liebert Inc. in December 2020, stated that some biobanks were instructed to put their activities in maintenance mode, to convert their operations to collection and testing facilities, or to rapidly realign themselves to allow the collection, processing, and storing of Covid-19 samples for their organizations. Many different Covid-19 initiatives have also been launched with the participation of government, academic, and industrial researchers. Moreover, there are many biobanks present worldwide that are collecting Covid-19 samples and data to be used by researchers.
Telemedicine is the delivery of health care services, where
distance is a critical factor, by all health care professionals
using information and communications technologies for
the exchange of valid information for the diagnosis, treatment
and prevention of disease and injuries, research and
evaluation, and for the continuing education of health
care providers, all in the interests of advancing the health
of individuals and their communities.”
Telemedicine is the delivery of health care services, where
distance is a critical factor, by all health care professionals
using information and communications technologies for
the exchange of valid information for diagnosis, treatment
and prevention of disease and injuries, research and
evaluation, and for the continuing education of health
care providers, all in the interests of advancing the health
of individuals and their communities.”
Telemedicine is the delivery of health care services, where
distance is a critical factor, by all health care professionals
using information and communications technologies for
the exchange of valid information for diagnosis, treatment
and prevention of disease and injuries, research and
evaluation, and for the continuing education of health
care providers, all in the interests of advancing the health
of individuals and their communities.”
Telemedicine is the delivery of health care services, where
distance is a critical factor, by all health care professionals
using information and communications technologies for
the exchange of valid information for diagnosis, treatment
and prevention of disease and injuries, research and
evaluation, and for the continuing education of health
care providers, all in the interests of advancing the health
of individuals and their communities.”
Telemedicine is the delivery of health care services, where
distance is a critical factor, by all health care professionals
using information and communications technologies for
the exchange of valid information for diagnosis, treatment
and prevention of disease and injuries, research and
evaluation, and for the continuing education of health
care providers, all in the interests of advancing the health
of individuals and their communities.”
Telemedicine is the delivery of health care services, where
distance is a critical factor, by all health care professionals
using information and communications technologies for
the exchange of valid information for diagnosis, treatment
and prevention of disease and injuries, research and
evaluation, and for the continuing education of health
care providers, all in the interests of advancing the health
of individuals and their communities.”
Telemedicine is the delivery of health care services, where
distance is a critical factor, by all health care professionals
using information and communications technologies for
the exchange of valid information for diagnosis, treatment
and prevention of disease and injuries, research and
evaluation, and for the continuing education of health
care providers, all in the interests of advancing the health
of individuals and their communities.
Telemedicine is the delivery of health care services, where
distance is a critical factor, by all health care professionals
using information and communications technologies for
the exchange of valid information for diagnosis, treatment
and prevention of disease and injuries, research and
evaluation, and for the continuing education of health
care providers, all in the interests of advancing the health
of individuals and their communities.
Telemedicine can be determined as an integration
of several components including information and
communication technologies, hardware and soware
technologies and medical services operating together in
order to provide required features or services to users
Telemedicine can be determined as an integration
of several components including information and
communication technologies, hardware and soware
technologies and medical services operating together in
order to provide required features or services to users
Telemedicine can be determined as an integration
of several components including information and
communication technologies, hardware and soware
technologies and medical services operating together in
order to provide required features or services to users
as shown in Fig 1. e underlying technologies are seen
as a black box to the users and they are responsible for
facilitating processes of each proposed service
.......... .......... ........... .......... ........... .......... ........... .......... ........... .......... ........... .......... ........... ...........
....................................... ................................
EDUCATION AND PRACTICE Fundamentals
" Introduction to the practice of telemedicine
John Craig* and Victor Patterson*
w
Department of Neurology, Royal Victoria Hospital, Belfast, UK;
w
Centre for Online Health, University of Queensland, Brisbane,
Australia
Summary
Telemedicine is the delivery of health care and the exchange of health-care information across distances. It is not
a technology or a separate or new branch of medicine. Telemedicine episodes may be classified on the basis of:
(1) the interaction between the client and the expert (i.e. realtime or prerecorded), and (2) the type of
information being transmitted (e.g. text, audio, video). Much of the telemedicine which is now practised is
performed in industrialized countries, such as the USA, but there is increasing interest in the use of telemedicine
in developing countries. There are basically two conditions under which telemedicine should be considered:
(1) when there is no alternative (e.g. in emergencies in remote environments), and (2) when it is better than
existing conventional services (e.g. teleradiology for rural hospitals). For example, telemedicine can be expected
to improve equity of access to health care, the quality of that care, and the efficiency by which it is delivered.
Research in telemedicine increased steadily in the late 1990s, although the quality of the research could be
improved – there have been few randomized controlled trials to date.
Introduction
One of the great challenges facing humankind in the
21st century is to make high-quality health care available
to all. Such a vision has been expressed by the World
Health Organization (WHO) in its health-for-all strategy
in the 21st century.
1
Realizing this vision will be difficult,
perhaps impossible, because of the burdens imposed on
a growing world population by old and new diseases,
rising expectations for health, and socioeconomic
conditions that have, if anything, increased disparities in
health status between and within countries.
Traditionally, part of the difficulty in achieving
equitable access to health care has been that the
provider and the recipient must be present in the same
place and at the same time. Recent advances in
information and communication technologies,
however, have created unprecedented opportunities for
overcoming this by increasing the number of ways that
health care can be delivered. This applies both to
developing countries with weak or unstable economies
and to industrialized countries. The possibilities for
using information and communication technologies to
improve health-care delivery (‘health telematics’) are
increasingly being recognized. The WHO has stated that
with regard to its health-for-all strategy it recommends
that the WHO and its member states should:
integrate the appropriate use of health telematics in
the overall policy and strategy for the attainment of
health for all in the 21st century, thus fulfilling the
vision of a world in which the benefits of science,
technology and public health development are made
equitably available to all people everywhere.
2
Such a commitment to improve health-care delivery,
by utilizing information and telecommunications
technologies, is also being considered by those with the
financial means to do so, for example, the participants
in various European Commission projects. At the
national and subnational level, there is also evidence of
governmental interest in the benefits that these
technologies might bring to health care. For example,
in the UK, information technology including
telemedicine is at the heart of the government’s
strategy to modernize and improve the NHS.
3
Telemedicine, the area where medicine and infor-
mation and telecommunications technology meet, is
probably the part of this revolution that could have the
greatest impact on healthcare deliBased on service, the market is fragmented into Tele-consulting, Tele-monitoring, and Tele-education. The Tele-consulting segment generated more than 45% revenue in 2020. The market is expected to grow at a significant rate during the forecast period. As it permits patients to have appointments with experts at any instance of time, without any waitingBased on drug type, the market is bifurcated into over the counter (OTC) drugs, prescribed drugs, and others. The over the counter (OTC) drugs segment grabbed the major market in 2020 as OTC refers to a class of medication that can be sold without the need for a prescription and anyone can easily buy medicines with just a click. Moreover, according to Statista, the total sales value of over-the-counter (OTC) drugs in Great Britain amounted to 3.65 billion USD in 2020.
Based on types, the market is bifurcated into biopreservation media, biospecimen equipment, freezers, cryogenic storage systems, thawing equipment, and refrigerators. The biospecimen equipment segment grabbed the major market in 2020, owing to the increased investments from private and public organizations for research and development of cell and gene therapies and increasing acceptance of refrigerators, and biological freezers for the preservation of biological specimens.
Based on biospecimen, the market is bifurcated into human tissue samples, organs, stem cells, and others. The stem cells segment ruled the major market and accounted for the maximum share in 2020, credited to the augmenting awareness of people about conserving cord blood stem cells of newborns to treat chronic diseases like cancer and others.
Based on application, the market is bifurcated into therapeutic applications, research applications, clinical trials, and others. The therapeutic applications segment grabbed the major market in 2020. The highest growth of this segment is accredited due to the advancements in the fields of regenerative medicine, personalized medicine, and biobanking.
Based on end-user, the market is bifurcated into biobanks, gene banks, hospitals, and others. The biobanks segment dominated the market in 2020, owing to the increasing demand for conserving biospecimens, tissues, organs, and stem cells for various research purposes.
For a better understanding of the market adoption of the biopreservation market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, and the Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. North America constitutes a major market for biopreservation and generated maximum revenue in 2020 owing to the high government funding, robust personal healthcare spending, developed awareness programs, rapid acceptance of new analytical techniques, and the presence of skilled professionals and physicians.
Some of the major players operating in the market include Thermo Fisher Scientific Inc., Merck KGaA, ThermoGenesis Holdings, Inc., Bio-Techne Corporation, BioLife Solutions, Inc., Exact Sciences Corporation, Princeton CryoTech, Inc., Stemcell Technologies, Inc., OPS Diagnostics, AMS Biotechnology, etc. Several M&As along with partnerships have been undertaken by these players to develop the biopreservation market.
During the Covid-19 pandemic, the bio preservation market has experienced a positive impact. With increasing cases of Covid-19, there was a huge need for the collection and preservation of Covid-19 samples. For instance, according to an article published by Mary Ann Liebert Inc. in December 2020, stated that some biobanks were instructed to put their activities in maintenance mode, to convert their operations to collection and testing facilities, or to rapidly realign themselves to allow the collection, processing, and storing of Covid-19 samples for their organizations. Many different Covid-19 initiatives have also been launched with the participation of government, academic, and industrial researchers. Moreover, there are many biobanks present worldwide that are collecting Covid-19 samples and data to be used by researchers.
Telemedicine is the delivery of health care services, where
distance is a critical factor, by all health care professionals
using information and communications technologies for
the exchange of valid information for the diagnosis, treatment
and prevention of disease and injuries, research and
evaluation, and for the continuing education of health
care providers, all in the interests of advancing the health
of individuals and their communities.”
Telemedicine is the delivery of health care services, where
distance is a critical factor, by all health care professionals
using information and communications technologies for
the exchange of valid information for diagnosis, treatment
and prevention of disease and injuries, research and
evaluation, and for the continuing education of health
care providers, all in the interests of advancing the health
of individuals and their communities.”
Telemedicine is the delivery of health care services, where
distance is a critical factor, by all health care professionals
using information and communications technologies for
the exchange of valid information for diagnosis, treatment
and prevention of disease and injuries, research and
evaluation, and for the continuing education of health
care providers, all in the interests of advancing the health
of individuals and their communities.”
Telemedicine is the delivery of health care services, where
distance is a critical factor, by all health care professionals
using information and communications technologies for
the exchange of valid information for diagnosis, treatment
and prevention of disease and injuries, research and
evaluation, and for the continuing education of health
care providers, all in the interests of advancing the health
of individuals and their communities.”
Telemedicine is the delivery of health care services, where
distance is a critical factor, by all health care professionals
using information and communications technologies for
the exchange of valid information for diagnosis, treatment
and prevention of disease and injuries, research and
evaluation, and for the continuing education of health
care providers, all in the interests of advancing the health
of individuals and their communities.”
Telemedicine is the delivery of health care services, where
distance is a critical factor, by all health care professionals
using information and communications technologies for
the exchange of valid information for diagnosis, treatment
and prevention of disease and injuries, research and
evaluation, and for the continuing education of health
care providers, all in the interests of advancing the health
of individuals and their communities.”
Telemedicine is the delivery of health care services, where
distance is a critical factor, by all health care professionals
using information and communications technologies for
the exchange of valid information for diagnosis, treatment
and prevention of disease and injuries, research and
evaluation, and for the continuing education of health
care providers, all in the interests of advancing the health
of individuals and their communities.
Telemedicine is the delivery of health care services, where
distance is a critical factor, by all health care professionals
using information and communications technologies for
the exchange of valid information for diagnosis, treatment
and prevention of disease and injuries, research and
evaluation, and for the continuing education of health
care providers, all in the interests of advancing the health
of individuals and their communities.
Telemedicine can be determined as an integration
of several components including information and
communication technologies, hardware and soware
technologies and medical services operating together in
order to provide required features or services to users
Telemedicine can be determined as an integration
of several components including information and
communication technologies, hardware and soware
technologies and medical services operating together in
order to provide required features or services to users
Telemedicine can be determined as an integration
of several components including information and
communication technologies, hardware and soware
technologies and medical services operating together in
order to provide required features or services to users
as shown in Fig 1. e underlying technologies are seen
as a black box to the users and they are responsible for
facilitating processes of each proposed service
.......... .......... ........... .......... ........... .......... ........... .......... ........... .......... ........... .......... ........... ...........
....................................... ................................
EDUCATION AND PRACTICE Fundamentals
" Introduction to the practice of telemedicine
John Craig* and Victor Patterson*
w
Department of Neurology, Royal Victoria Hospital, Belfast, UK;
w
Centre for Online Health, University of Queensland, Brisbane,
Australia
Summary
Telemedicine is the delivery of health care and the exchange of health-care information across distances. It is not
a technology or a separate or new branch of medicine. Telemedicine episodes may be classified on the basis of:
(1) the interaction between the client and the expert (i.e. realtime or prerecorded), and (2) the type of
information being transmitted (e.g. text, audio, video). Much of the telemedicine which is now practised is
performed in industrialized countries, such as the USA, but there is increasing interest in the use of telemedicine
in developing countries. There are basically two conditions under which telemedicine should be considered:
(1) when there is no alternative (e.g. in emergencies in remote environments), and (2) when it is better than
existing conventional services (e.g. teleradiology for rural hospitals). For example, telemedicine can be expected
to improve equity of access to health care, the quality of that care, and the efficiency by which it is delivered.
Research in telemedicine increased steadily in the late 1990s, although the quality of the research could be
improved – there have been few randomized controlled trials to date.
Introduction
One of the great challenges facing humankind in the
21st century is to make high-quality health care available
to all. Such a vision has been expressed by the World
Health Organization (WHO) in its health-for-all strategy
in the 21st century.
1
Realizing this vision will be difficult,
perhaps impossible, because of the burdens imposed on
a growing world population by old and new diseases,
rising expectations for health, and socioeconomic
conditions that have, if anything, increased disparities in
health status between and within countries.
Traditionally, part of the difficulty in achieving
equitable access to health care has been that the
provider and the recipient must be present in the same
place and at the same time. Recent advances in
information and communication technologies,
however, have created unprecedented opportunities for
overcoming this by increasing the number of ways that
health care can be delivered. This applies both to
developing countries with weak or unstable economies
and to industrialized countries. The possibilities for
using information and communication technologies to
improve health-care delivery (‘health telematics’) are
increasingly being recognized. The WHO has stated that
with regard to its health-for-all strategy it recommends
that the WHO and its member states should:
integrate the appropriate use of health telematics in
the overall policy and strategy for the attainment of
health for all in the 21st century, thus fulfilling the
vision of a world in which the benefits of science,
technology and public health development are made
equitably available to all people everywhere.
2
Such a commitment to improve health-care delivery,
by utilizing information and telecommunications
technologies, is also being considered by those with the
financial means to do so, for example, the participants
in various European Commission projects. At the
national and subnational level, there is also evidence of
governmental interest in the benefits that these
technologies might bring to health care. For example,
in the UK, information technology including
telemedicine is at the heart of the government’s
strategy to modernize and improve the NHS.
3
Telemedicine, the area where medicine and infor-
mation and telecommunications technology meet, is
probably the part of this revolution that could have the
greatest impact on healthcare deliBased on service, the market is fragmented into Tele-consulting, Tele-monitoring, and Tele-education. The Tele-consulting segment generated more than 45% revenue in 2020. The market is expected to grow at a significant rate during the forecast period. As it permits patients to have appointments with experts at any instance of time, without any waitingBased on drug type, the market is bifurcated into over the counter (OTC) drugs, prescribed drugs, and others. The over the counter (OTC) drugs segment grabbed the major market in 2020 as OTC refers to a class of medication that can be sold without the need for a prescription and anyone can easily buy medicines with just a click. Moreover, according to Statista, the total sales value of over-the-counter (OTC) drugs in Great Britain amounted to 3.65 billion USD in 2020.
Based on types, the market is bifurcated into biopreservation media, biospecimen equipment, freezers, cryogenic storage systems, thawing equipment, and refrigerators. The biospecimen equipment segment grabbed the major market in 2020, owing to the increased investments from private and public organizations for research and development of cell and gene therapies and increasing acceptance of refrigerators, and biological freezers for the preservation of biological specimens.
Based on biospecimen, the market is bifurcated into human tissue samples, organs, stem cells, and others. The stem cells segment ruled the major market and accounted for the maximum share in 2020, credited to the augmenting awareness of people about conserving cord blood stem cells of newborns to treat chronic diseases like cancer and others.
Based on application, the market is bifurcated into therapeutic applications, research applications, clinical trials, and others. The therapeutic applications segment grabbed the major market in 2020. The highest growth of this segment is accredited due to the advancements in the fields of regenerative medicine, personalized medicine, and biobanking.
Based on end-user, the market is bifurcated into biobanks, gene banks, hospitals, and others. The biobanks segment dominated the market in 2020, owing to the increasing demand for conserving biospecimens, tissues, organs, and stem cells for various research purposes.
For a better understanding of the market adoption of the biopreservation market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, and the Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. North America constitutes a major market for biopreservation and generated maximum revenue in 2020 owing to the high government funding, robust personal healthcare spending, developed awareness programs, rapid acceptance of new analytical techniques, and the presence of skilled professionals and physicians.
Some of the major players operating in the market include Thermo Fisher Scientific Inc., Merck KGaA, ThermoGenesis Holdings, Inc., Bio-Techne Corporation, BioLife Solutions, Inc., Exact Sciences Corporation, Princeton CryoTech, Inc., Stemcell Technologies, Inc., OPS Diagnostics, AMS Biotechnology, etc. Several M&As along with partnerships have been undertaken by these players to develop the biopreservation market.
Frequently Asked Questions
This market study covers the global and regional market with an
in-depth analysis of the
overall growth prospects...
- By product type
- By End User/Applications
- By Technology
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The report provides a detailed evaluation of the market by
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