Cell Cryopreservation Market size was worth USD 25.87 million in 2024 and is anticipated to reach a valuation of USD 129.02 million by 2029 with a CAGR of 25.8% during the forecast period.
Cell cryopreservation, employing temperatures below -130°C (-202°F), preserves cellular vitality by inhibiting biological activity. Cryoprotectants prevent ice crystal formation during careful cooling of cells, tissues, or organisms. Stored in liquid nitrogen, cells maintain functionality, supporting medicine, research, and biotech. It aids organ transplants, fertility preservation, and sustained cell cultures for scientific exploration. This method safeguards cellular viability for extended periods, ensuring vital resources for diverse purposes within medical and scientific domains.
The market is experiencing heightened growth, due to the rising demand for Assisted Reproductive Technologies. As the global rise the infertility cases has propelled the need for ART procedures, prominently in vitro fertilization (IVF). Cell cryopreservation emerges as a most pivotal enabler by playing an important role in preserving gametes like sperm eggs and embryos. This preservation ensures the viability of reproductive materials over time and contributes significantly to ART treatments' success rates. However, as individuals and couples increasingly turn to ART to overcome fertility challenges, the demand for advanced cryopreservation techniques continues to surge rapidly. Hence, the market's trajectory is linked to its indispensable role in supporting reproductive medicine, reflecting the ongoing paradigm shift in addressing infertility on a global scale.
Technological Advancements in Cryopreservation Techniques also act as another important driver for the market’s growth. This ongoing advancement encompasses the evolution of cryoprotectants and enhanced freezing methods, which increase the efficiency and viability of preserved cells. These technological breakthroughs not only extend the shelf life of cells but also address critical challenges in the storage and transportation of biological materials. However, the field witnessed innovations that pushed the boundaries of traditional preservation methods, which caused the market to poise for sustained growth. These technological marvels not only cater to the current needs of biopharmaceuticals and regenerative medicine but also open avenues for future applications, solidifying the role of cell cryopreservation as a cornerstone in modern biomedical research and therapeutic advancements.
MARKET RESTRAINTS
The Cell Cryopreservation Market faces a significant restraint in the form of high costs as substantial financial investments are required for acquiring specialized equipment, establishing state-of-the-art storage facilities, and maintaining optimal operational conditions posing a challenge to widespread accessibility, especially in resource-constrained settings. These considerable upfront and ongoing expenses can limit the affordability of cryopreservation services by hindering their adoption in some regions with limited financial resources. As the demand for cryopreservation services expands globally, addressing these cost-related barriers becomes crucial for ensuring equitable access to this vital technology. As a result, industry stakeholders must strategize and innovate to develop cost-effective solutions, fostering inclusivity and widening the reach of cell cryopreservation benefits to diverse populations across different economic landscapes.
Limited public awareness poses a substantial challenge to the Cell Cryopreservation Market despite its increasing significance in diverse medical applications. The lack of understanding among individuals regarding the benefits and procedures of cryopreservation, especially in areas like cord blood banking, inhibits market growth.
REPORT METRIC |
DETAILS |
Market Size Available |
2023 to 2029 |
Base Year |
2023 |
Forecast Period |
2024 to 2029 |
Segments Covered |
By Technology, Applications, End-User and Region |
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis; DROC; PESTLE Analysis; Porter’s Five Forces Analysis; Competitive Landscape; Analyst Overview of Investment Opportunities |
Regions Covered |
North America, Europe, Asia-Pacific, Latin America, Middle East & Africa |
Market Leaders Profiled |
Thermo Fisher Scientific Inc, Merck KGaA (EMD Millipore), GE Healthcare Life Sciences, VitriCell SA, Biolife Solutions Inc, Cesca Therapeutics Inc, Chart Industries Inc. (Cryobiological), Sigma-Aldrich Corporation (now part of MilliporeSigma), BioLife Solutions Inc, Lifeline Cell Technology LLC, Solesa Cryogenics, Custom Biogenic Systems, Helmer Scientific, Core Dynamics Ltd, General Electric Company (GE Cryogenics), Arctiko A/S, Infiniti Medical LLC, Atlanta Biologicals (now part of Bio-Techne), LabRepCo are some of the key market players in the cell cryopreservation market. |
Stem cells are the most dominating and leading application in the market growth due to their versatile nature and widespread of therapeutic potential globally. These stem cells ensure their long-term viability and support advancements in regenerative medicine. This dominance of stem cell cryopreservation is driven by the growing interest and investment in stem cell research for both therapeutic and research purposes. Oocyte cells, or egg cells, act as a second significant application in the Cell Cryopreservation Market share, particularly in the field of assisted reproductive technologies. These oocytes allow for the preservation of female fertility, by providing reproductive options for women facing medical treatments that may compromise their ovarian function. This application has gained prominence as societal trends, such as delayed childbearing, increase the demand for fertility preservation. While not as dominant as stem cells, oocyte cryopreservation addresses a critical need in reproductive medicine.
The pharmaceutical and biotechnology segment hold the largest market share from 2024 to 2029 in the cell cryopreservation market. These companies highly focus on employing high cryopreservation techniques for the preservation of cell lines, primary cells, and stem cells. Which acts as the most crucial point in the development and manufacturing of biopharmaceuticals. Also, this demand is propelled by the increasing focus on cell-based therapies, high regenerative medicine, and the development of biologics. Research institutes also play a second significant role as end-users as these institutions engage in a broader spectrum of scientific investigation.
North America emerges as the most dominant region in the cell cryopreservation market growth due to the presence of advanced healthcare infrastructure, and significant investments in research and development. In particular, the United States is a major driver of the market, with a high demand for cryopreservation technologies in biotechnology companies, research institutions, and medical facilities.
Europe is another influential player and holds the second largest market CAGR in the market. As the region boasts a strong emphasis on scientific research, a well-established biotechnology sector, and a growing awareness of the importance of cryopreservation in medical applications.
The Asia-Pacific region is also witnessing rapid growth by increasing healthcare expenditures, a burgeoning biopharmaceutical industry and a rising emphasis on regenerative medicine and stem cell research are driving the market's expansion.
Latin America is a developing market for cell cryopreservation, with a gradual increase in awareness and adoption. The region's pharmaceutical and biotechnology sectors are expanding, contributing to the demand for cryopreservation services. While not as dominant as North America or Europe, Latin America's market is expected to grow as research capabilities and healthcare infrastructure improve.
The Middle East and Africa are emerging players in the Cell Cryopreservation Market. Increasing investments in healthcare infrastructure, a growing focus on research and development, and a rising awareness of the benefits of cryopreservation contribute to the market's development. While the market in this region is currently smaller compared to others, ongoing advancements in the healthcare sector are expected to drive further growth.
Thermo Fisher Scientific Inc, Merck KGaA (EMD Millipore), GE Healthcare Life Sciences, VitriCell SA, Biolife Solutions Inc, Cesca Therapeutics Inc, Chart Industries Inc. (Cryobiological), Sigma-Aldrich Corporation (now part of MilliporeSigma), BioLife Solutions Inc, Lifeline Cell Technology LLC, Solesa Cryogenics, Custom Biogenic Systems, Helmer Scientific, Core Dynamics Ltd, General Electric Company (GE Cryogenics), Arctiko A/S, Infiniti Medical LLC, Atlanta Biologicals (now part of Bio-Techne), LabRepCo are some of the key market players in the cell cryopreservation market.
Frequently Asked Questions
Compliance with regulatory requirements, such as Good Manufacturing Practice (GMP) and Good Tissue Practice (GTP), is crucial for companies operating in this market.
Leading companies in the field include Thermo Fisher Scientific, Merck KGaA, GE Healthcare, and others.
Advances may include the development of new cryoprotective agents, improved freezing and thawing protocols, and innovations in storage systems.
Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2500
Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM
Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: [email protected]
Reports By Region