Cell Cryopreservation Market Size, Trends and Forecast 2024-2032

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According to FutureWise analysis the market for cell cryopreservation in 2023 was US$ 10.61 billion, and is expected to reach US$ 54.21 billion by 2031 at a CAGR of 22.60%.

According to FutureWise analysis the market for cell cryopreservation in 2023 was US$ 10.61 billion, and is expected to reach US$ 54.21 billion by 2031 at a CAGR of 22.60%.

Cell cryopreservation is the process of cooling and preserving living cells at very low temperatures, in order to maintain their viability and function for later use. This is achieved by adding a cryoprotective agent to the cells to protect them from damage during the freezing process, followed by gradual cooling to a temperature at which all metabolic activity ceases. The frozen cells can then be stored for extended periods of time and later thawed and used for a variety of applications, including research, medical treatments, and biotechnology. Cryopreservation is particularly useful for preserving valuable and rare cell types or those that are difficult to maintain in culture. The cells are then gradually cooled to very low temperatures, typically below -150°C, and stored in cryovials or other suitable containers.

The cell cryopreservation market is driven by the increasing demand for personalized medicine, regenerative therapies, and stem cell research, which require the preservation of high-quality cell samples for future use. The biobanking industry is one of the key segments within the cell cryopreservation market, as the increasing demand for high-quality cell samples for research and clinical applications is driving the growth of biobanks. The pharmaceutical and biotechnology industries are also major users of cell cryopreservation services, as they require large quantities of high-quality cell lines for drug discovery and development. The increasing focus on the development of innovative cryopreservation techniques and the adoption of automation and robotics in cell cryopreservation are expected to drive the growth of the market in the years to come.

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Cell Cryopreservation Market Segmentation:

By Product Type

  • Cryoprotectant Agents
    • Glycerol
    • Dimethyl Sulfoxide (DMSO)
    • Others
  • Equipment
    • Incubators
    • Liquid Nitrogen Supply Tanks
    • Freezers
    • Others

By Application

  • Stem Cells
  • Oocytes and Embryos
  • Sperm, Semen, and Testicular Tissue
  • Hepatocytes
  • Others

By End User

  • Pharmaceutical and Biotechnology Companies
  • Academic and Research Institutes
  • Biobank
  • Others

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape in Cell Cryopreservation Market:

  • General Electric Company
  • Thermo Fisher Scientific Inc.
  • Merck KGaA
  • AMS Biotechnology Limited
  • Miltenyi Biotec GmbH
  • BioLifeSolutions Inc.
  • HiMedia Laboratories Pvt. Ltd.
  • PromoCell GmbH
  • Corning Incorporated
  • Cooper Companies, Inc.
  • Planer PLC

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**Objectives of this Study: **

  1. To provide a comprehensive analysis of the Cell Cryopreservation Market By Product Type, By Application, By End User and By Region.
  2. To offer detailed insights into factors such as drivers, restraints, trends, and opportunities, as well as segmental and regional influences on market growth.
  3. To evaluate current market trends and forecast micro-markets, presenting overall market projections in the form of data sets and PowerPoint presentations.
  4. To predict the market size in key regions, including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

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