Top Growth Trends in the Cell Cryopreservation Market: Insights into Market Size and Opportunities for 2025-2034
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
How Are Key Drivers in the Industry Acting as Catalysts for the Growth of theCell Cryopreservation Market?
The growth of the cell cryopreservation market is anticipated to be driven by the rising number of organ transplant operations. In medical terms, organ transplantation refers to the replacement of a failing or damaged organ with a healthy one procured from a donor. The escalation in the number of organ transplants can be attributed to organ failure resulting from hereditary disorders, infections, trauma, and chronic illnesses. Cell cryopreservation, a process that involves the freezing and storage of organ cells for maintaining their viability for potential future use, plays a pivotal role in enhancing transplant success and mitigating immune rejections. For instance, the Health Resources and Services Administration, a federal agency based in the US, reported in January 2024 that 2023 saw 46,632 organ transplants being carried out from both living and deceased donors. This marked an 8.7% growth from the previous year, and a rise of 12.7% from 2021, which was the initial year to register over 40,000 organ transplants. Consequently, the upsurge in organ transplant operations is fueling the expansion of the cell cryopreservation market.
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#What is the Growth Potential of the Cell Cryopreservation Market, and How Will It Perform by 2034?
The booming industry of cell cryopreservation has seen a tremendous rise in the recent past. An anticipated upsurge from a staggering $12.65 billion in 2024 to a whopping $15.72 billion in 2025, displaying a compound annual growth rate (CAGR) of 24.3%, reflects this rise. The prominent escalation during the historical time frame is due to the boosting demand for cell-centric therapies, increment in biomedical examinations, burgeoning requirement for organ transplants, climb in research and development activities for cell-centric therapies, and the intensifying use of cryopreserved cells.
In the coming years, the cell cryopreservation market is predicted to witness significant expansion, reaching a value of $37.01 billion in 2029 with a compound annual growth rate (CAGR) of 23.9%. The acceleration during this forecast period is largely influenced by the increased demand for in vitro fertilization (IVF) procedures, developments in organ transplant methods, proliferation of biobanking activities, the prevalence of chronic diseases, along with supportive government programs and funding. Key trends in this period are expected to be the progression in cryopreservation practices, improvement in MRNA vaccine storage and transportation, enhancement of cryoprotectants and freezing methods, growing inclination towards personalized medicine, and advances in stem cell studies.
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What Are the Current Market Growth and Trends in theCell Cryopreservation Market That Industry Players Should Watch?
Firms active in the cell cryopreservation sector are concentrating their efforts on designing cryopreservation solutions in order to better accommodate the needs of the clients with updated features. Cryopreservation solutions are unique compositions that allow the preservation of cells or tissues through ultra-low temperature freezing, thus allowing for lengthy storage and transport while keeping viability and functionality intact. For example, in April 2024, Pluristyx Inc., a firm based in the US that offers tools, technologies, and services for cell therapies, introduced PluriFreeze, a patented cryopreservation medium designed to expedite the progress of stem cell therapy. The solution was created to support the proliferation of induced pluripotent stem cells (iPSCs) and provides a novel way to enhance the efficacy and quality of iPSC therapy. Pluristyx’s PluriFreeze Cryopreservation Media, which is intended strictly for Research Use Only (RUO), has the goal of simplifying the development of stem cell therapy and assist in bringing cell therapies to market.
What Are the Major Market Players Making an Impact on theCell Cryopreservation Market Growth?
Major companies operating in the cell cryopreservation market are Thermo Fisher Scientific Inc., Danaher Corporation, Merck KGaA, Corning Inc., STEMCELL Technologies, Cryoport Inc., BioLife Solutions Inc., Nkarta Inc., Tn-Sanso Corporation, Coya Therapeutics, FUJIFILM Irvine Scientific, Artiva Biotherapeutics, Acorn Biolabs Inc., ThermoGenesis Holdings Inc., Evia Bio Inc., Wideblue Limited, Akron Biotech, Captivate Bio LLC, Pluristyx Inc., CryoCrate LLC, PanTHERA CryoSolutions, ParaTechs Corporation, Plus Therapeutics, X-Therma Inc., Protein Technologies Limited
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How Are the Key Segments of the Cell Cryopreservation Market Driving Opportunities and Innovations?
The cell cryopreservation market covered in this report is segmented –
1) By Product: Cell Freezing Media, Equipment, Consumables
2) By Application: Hepatocytes, Stem Cells, Oocytes And Embryotic cells, Sperm Cells, Other Applications
3) By End-Use Channel: Biopharmaceutical And Pharmaceutical Companies, Research Institutes, Biobanks, In Vitro Fertilization (IVF) Clinics, Other End-Use Channels
Subsegments:
1) By Cell Freezing Media: Serum-Based Freezing Media, Serum-Free Freezing Media
2) By Cryoprotectants: Cryoprotectants
3) By Equipment: Cryopreservation Freezers, Cryo Storage Tanks, Controlled-Rate Freezers
4) By Consumables: Cryovials, Cryo Storage Bags, Cryo Tubes
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What Regions Are At the Forefront of #How Are Key Drivers in the Industry Acting as Catalysts for the Growth of theCell Cryopreservation Market?# Market Expansion?
North America was the largest region in the cell cryopreservation market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cell cryopreservation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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