Application (Stem Cells, Oocytes & Embryos, Sperm, Semen, Testicular Tissue, Hepatocytes)
The global cryopreservation cell lines market is segmented and analyzed for demand and supply by application into stem cells, oocytes & embryos, sperm, semen, testicular tissue, hepatocytes, and others. Out of these, the oocytes & embryos segment is estimated to hold the largest share of the market by the end of 2037. The major factor attributed to the segment growth is the rising number of female infertility cases around the globe. As per the data from the Centers for Disease Control and Prevention (CDC), it is revealed that in the United States, 1 out 5 women falling under the age group of 15 to 49 years are unable to get pregnant even after trying for one year. Cryopreservation cell lines are effective in preserving the eggs, oocytes, and embryos in in-vitro fertilization banking services which further helps women to get pregnant. The infertile population is highly reliant on cryopreservation cell lines as it allows them to get pregnant and control the process, making it a highly preferred option. According to the guidelines by the American Society for Reproductive Medicine, it was estimated that the survival rate of frozen oocytes after vitrification is 90%–97%, and the fertilization rate is 71%–79% for frozen eggs.
End-user (Hospitals, Pharmaceutical & Biotechnology Companies, Research Institutes)
The global cryopreservation cell lines market is also segmented and analyzed for demand and supply by end-user in hospitals, pharmaceutical & biotechnology companies, research institutes, and others. Out of these, the hospital segment is attributed to holding a significant share with a noteworthy revenue generation. Factors that are anticipated to aid segment growth in the upcoming years are the availability of a wide number of hospitals across every nation of the world along with the rapid escalation of inpatients and outpatient flow in the hospitals. Moreover, the presence of a robust base of hospitals and government support in enhancing hospital infrastructure is considered to be another factor that is anticipated to impetus a strong revenue generation for segment growth.
Our in-depth analysis of the global market includes the following segments:
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Author Credits: Radhika Pawar
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