Cell Cryopreservation Market Analysis

  • Report ID: 5636
  • Published Date: Oct 22, 2024
  • Report Format: PDF, PPT

Cell Cryopreservation Market Analysis

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:

     Type

  • Cell Freezing Media
  • Equipment
  • Consumables

 

   

     End User

  • Pharmaceutical
  • Research and Academic Institutes
  • Fertility Clinics

     Applications 

  • Stem Cell Banking
  • Assisted Reproductive Technology
  • Cell-Based Therapies
  • Drug Discovery and Development
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Author Credits:  Radhika Pawar


  • Report ID: 5636
  • Published Date: Oct 22, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of cell cryopreservation is estimated at USD 12.9 billion.

Cell Cryopreservation Market size was valued at USD 11.06 billion in 2024 and is poised to cross USD 129.01 billion by the end of 2037, expanding at more than 20.8% CAGR during the forecast period i.e., between 2025-2037. Increasing demand for the healthcare sector will drive the market growth.

Asia Pacific industry is set to account for largest revenue share of 38% by 2037, impelled by surge in research and development efforts in the region.

The major players in the market are Thermo Fisher Scientific Inc., Merck KGaA, GE Healthcare, BioLife Solutions, Inc., Charter Medical, Ltd., STEMCELL Technologies Inc., and others.
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