Type (Cell Freezing Media, Equipment, Consumables)
The cell freezing media segment in the cell cryopreservation market is estimated to gain the largest revenue share of 60% by the year 2037. The growth of cell-based therapies and regenerative medicine underscores the importance of effective cell-freezing media. As more therapeutic interventions harness the potential of living cells, the development of freezing media that ensures the preservation of cell viability becomes crucial for successful clinical applications. Clinical trials utilizing cell-based therapies have seen a notable increase in recent years. A report indicates that there were over 1,000 ongoing clinical trials in regenerative medicine and cell therapy as of 2021. This emphasizes the demand for reliable freezing media to support these therapeutic advancements. The development of advanced cell freezing media is driven by the need to enhance cell viability and post-thaw recovery rates. Optimal formulations with cryoprotectants and additives play a crucial role in minimizing cellular damage during the freezing process, ensuring a higher percentage of viable cells after thawing.
End User (Pharmaceutical, Research and Academic Institutes, Fertility Clinics)
The pharmaceutical segment in the cell cryopreservation market is expected to garner a significant share in the year 2037. The pharmaceutical segment of the market is driven by the imperative need for efficient drug discovery and development. Cryopreserved cells play a crucial role in preclinical studies, allowing pharmaceutical companies to test the efficacy and safety of potential drug candidates before advancing to clinical trials. A study highlighted that cryopreserved human hepatocytes showed enhanced stability and functionality, making them valuable for drug metabolism studies. This underscores the importance of cryopreserved cells in accelerating the drug development process. The pharmaceutical industry's increasing adoption of bioprocessing and biomanufacturing techniques contributes to the growth of the cell cryopreservation market. Cryopreserved cells, particularly cell lines used in the production of biologics, ensure a stable and consistent supply for large-scale manufacturing.
Our in-depth analysis of the global cell cryopreservation market includes the following segments:
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Author Credits: Radhika Pawar
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