Tissue Banking will be saving and improving lives in the years to come significantly

Published By: IndustryARC Published On : 18-Aug-2015

Tissue banking is the collection and preservation of allograft/autograft tissue from people who died from sudden illness or accident or some other reason. It includes tissues like blood, bone, heart, valves, skin, cornea, blood vessel and soft tissues etc.  Human tissue is used for different treatments like treatment of burns, reconstructive surgery, cancer care& heart valve replacements. Tissue banking has given a promising hope for treating various debilitating conditions such as neurological diseases, cardiovascular, cancer, diabetes mellitus and other autoimmune diseases. Human tissue is also widely used in scientific and medical research to expand the understanding of the progression of a disease.

The global market for Tissue Banking has been segmented by the tissue type, by equipment and by application. The various equipments used for tissue banking are cryopreservation systems, labeling and coding equipment, thawing equipment, quality control equipment, alarming and monitoring systems and others.

Chronic diseases will drive the growth

Chronic disease is the leading cause of death globally. As per WHO, worldwide deaths due to chronic disease and disease burden rates have 45% and 86% share respectively under the 70 years of age group. Tissue banking is a novel way to treat myriad of chronic diseases including blood disorders, immune diseases and in the development of regenerative medicine. Stem cells, which have a property to differentiate into specialized type of cells, can be used for specific purposes like cell based therapies and drug screening and have capability to treat more than 80 diseases.

Public awareness of stem cell treatment will drive the tissue banking market

Increasing awareness and knowledge of public and medical professional about tissue donation is crucial for tissue transplantation. Awareness efforts lead to rise in donor registration entries, tissue donations and transplantations, obtaining corporate sponsorship, and encouraging family discussions and others. Potential public awareness activities include community program, corporate and community tissue bank program, school program, proactive media placements, internet, Old Age homes program, use of celebrities as spokesperson, production of television shows and many others. Various countries have developed public awareness campaigns to enhance organ and tissue donation awareness. International Atomic Energy Agency (IAEA) actively supports tissue banking development through improved public awareness and also involved with research and development, training and all tissue banking related areas. . The increase in public awareness will ultimately lead to the increase in worldwide tissue and organ donations.

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