Tissue Banking Market 2022-27: Global Industry Size, Overview, Trends, Growth, Opportunities & Key Players
According to the latest report by IMARC Group, titled “ Tissue Banking Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027, ” The global tissue banking market reached a value of US$ 1.46 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 2.83 Billion by 2027, exhibiting at a CAGR of 11.9 % during 2022-2027. Tissue banking represents the process of preparing, collecting, and preserving transplantable human tissues for potential therapeutic uses. The tissues obtained are used in replacing and healing the affected or lost tissues of the patients. In line with this, they are also utilized to repair damaged heart muscles, treat spinal cord injuries, heal skin from severe burns, etc. Presently, there are numerous advancements in clinical trials and biomedical research. Consequently, tissue preservation and banking is gaining extensive traction across the globe. As the novel coronavirus (COVID-19) c...