Cell Cryopreservation Market Trends

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

Cell Cryopreservation Market Trends

Growth Drivers

  • Increasing Demand for Assisted Reproductive Technologies (ART): The growing prevalence of infertility and the rising adoption of Assisted Reproductive Technologies (ART) have become pivotal drivers for the cell cryopreservation market. As more individuals and couples turn to ART procedures, the demand for cryopreservation of eggs, sperm, and embryos has surged. According to the Centers for Disease Control and Prevention (CDC), in the United States alone, approximately 1.9% of all infants born in 2018 were conceived through ART procedures. This statistic underscores the significant and increasing role of ART in family-building, necessitating the cryopreservation of reproductive cells.
  • Biomedical Research and Drug Discovery: Cryopreservation plays a critical role in preserving the integrity of cells for biomedical research and drug discovery. The ability to store cells for extended periods without compromising their viability is essential for conducting meaningful experiments and advancing scientific knowledge. A study published in the Journal of Clinical Investigation reported that cryopreservation of primary human hepatocytes improved the availability of these cells for drug metabolism studies.
  • Rise in Chronic Diseases and Cell-Based Therapies: The increasing incidence of chronic diseases has led to a growing demand for cell-based therapies. Cryopreservation ensures the preservation of therapeutic cells, paving the way for innovative treatments that harness the regenerative potential of cells. Stem cell banking has witnessed a surge in popularity, with individuals and families opting to preserve stem cells for potential future therapeutic use. Cryopreservation is fundamental in maintaining the viability and functionality of these valuable stem cells.

Challenges

  • Cryoinjury and Cell Viability: Cryoinjury, referring to damage caused by the freezing and thawing process, remains a persistent challenge in cell cryopreservation. Despite advancements in cryoprotectants and freezing techniques, certain cell types are still susceptible to damage during the freezing and thawing stages. Maintaining high post-thaw cell viability is critical, especially for applications in regenerative medicine and cell-based therapies. The lack of standardized protocols for cryopreservation poses a significant challenge. Variability in techniques, freezing rates, and cryoprotectant formulations can impact the reproducibility of results across different laboratories and facilities. Achieving consensus on standardized procedures is essential for ensuring the reliability and comparability of research and therapeutic outcomes.
  • Standardization and Reproducibility
  • Ethical and Legal Considerations

Cell Cryopreservation Market: Key Insights

Base Year

2024

Forecast Year

2025-2037

CAGR

20.8%

Base Year Market Size (2024)

USD 11.06 billion

Forecast Year Market Size (2037)

USD 129.01 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:


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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