Tag: cell cryopreservation market companies

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#What is the Projected CAGR for the Cell Cryopreservation Market Size from 2025 to 2034?#_x000D_

In recent times, there has been a remarkable expansion in the size of the cell cryopreservation market. A rise from $12.65 billion in 2024 to $15.68 billion in 2025, with a compound annual growth rate (CAGR) of 24.0%, is forecasted. The historic growth is due to factors such as the surging demand for cell-centric therapies, an increase in biomedical investigation, the escalating need for organ transplants, a boost in research and development activities for therapies centred on cells, and a rise in the utilization of cryopreserved cells._x000D_

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The market for cell cryopreservation is projected to experience stratospheric growth in the upcoming years, reaching $35.3 billion by 2029 with a compound annual growth rate (CAGR) of 22.5%. The anticipated surge during this forecast period can be credited to the escalating demand for in vitro fertilization (IVF) processes, progression in procedures for organ transplantation, extension of biobanking operations, an increasing prevalence of chronic diseases, and supportive government initiatives and financing. The major trends to be noted within this forecast period are improvements in cryopreservation methods, advancements in MRNA vaccine storage and transportation, refinements in cryoprotectants and freezing techniques, a growing inclination towards personalized medicine, and progress in stem cell research._x000D_

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#How Are Key Drivers in the Industry Acting as Catalysts for the Growth of theCell Cryopreservation Market?#_x000D_

The cell cryopreservation market is expected to proliferate owing to the escalating number of organ transplantation procedures. The procedure of organ transplantation, which involves replacing a faulty or failing organ with a healthy one from a donor, is observing a surge due to organ failures from genetic disorders, infections, traumas, and chronic conditions. Cell cryopreservation plays a crucial role in this procedure by freezing and storing cells from organs to maintain their viability for later use, boosting graft success, and minimizing immune rejection. For instance, as per reports by the Health Resources and Services Administration, a federal agency in the US, there were 46,632 organ transplants in 2023, marking an 8.7% rise from 2022 and a 12.7% elevation from 2021, making it the first year with more than 40,000 organ transplants. Thus, the rise in organ transplantation procedures is fuelling the growth of the cell cryopreservation market._x000D_

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#Which Segments in the Cell Cryopreservation Offer the Most Growth?#_x000D_

The cell cryopreservationmarket covered in this report is segmented – _x000D_

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1) By Product: Cell Freezing Media; Equipment; Consumables_x000D_

2) By Application: Hepatocytes; Stem Cells; Oocytes And Embryotic cells; Sperm Cells; Other Applications_x000D_

3) By End-Use Channel: Biopharmaceutical And Pharmaceutical Companies; Research Institutes; Biobanks; In Vitro Fertilization (IVF) Clinics; Other End-Use Channels_x000D_

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Subsegments:_x000D_

1) By Cell Freezing Media: Serum-Based Freezing Media; Serum-Free Freezing Media_x000D_

2) By Cryoprotectants: Cryoprotectants_x000D_

3) By Equipment: Cryopreservation Freezers; Cryo Storage Tanks; Controlled-Rate Freezers_x000D_

4) By Consumables: Cryovials; Cryo Storage Bags; Cryo Tubes_x000D_

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#What Are the Fastest-Growing Geographies in the #How Are Key Drivers in the Industry Acting as Catalysts for the Growth of theCell Cryopreservation Market?# Market?#_x000D_

North America was the largest region in the cell cryopreservation market in 2024. 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._x000D_

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#What Are the Current Market Growth and Trends in the Cell Cryopreservation Industry?#_x000D_

In an effort to cater to customers with cutting-edge features, businesses in the cell cryopreservation market are concentrating on the development of cryopreservation medium solutions. The cryopreservation medium solution is a specific formulation that allows cells or tissues to be preserved by freezing them at extremely low temperatures, thereby supporting long-term storage and transportation while preserving their viability and functionality. For example, Pluristyx Inc., an American firm that provides tools, technologies, and services for cellular therapies, introduced PluriFreeze in April 2024. This is a proprietary cryopreservation medium solution designed to expedite the development of stem cell therapy. It’s designed to foster the growth of induced pluripotent stem cells (iPSCs) and introduces a novel approach to enhance the efficacy and quality of iPSC therapy development. Pluristyx’s PluriFreeze Cryopreservation Media, which is intended solely for research use, aims to streamline stem cell therapy development and facilitate the commercialization of cell therapies._x000D_

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#What Are the Key Elements That Define the Cell Cryopreservation Market?#_x000D_

Cell cryopreservation is the process of preserving cells by cooling them to sub-zero temperatures, typically in liquid nitrogen at -196°C. This method halts all biological activity and metabolism, allowing cells to be stored for extended periods without degradation. Cryoprotective agents are used to prevent ice crystal formation, which can damage cell structures during freezing and thawing._x000D_

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#How Has The Cell Cryopreservation Market Size Shifted, And What Is the Outlook Through 2034?

The market size of cell cryopreservation has seen substantial growth recently. Projected to surge from $12.65 billion in 2024 to $15.72 billion in 2025, it exhibits a compound annual growth rate (CAGR) of 24.3%. This ascension during the historic period can be credited to factors such as expanding demand for cell-based treatments, an uptick in biomedical inquiry, escalating necessity for organ transplantation, a surge in exploratory activities associated with cell-based therapies, and amplified utilization of cryopreserved cells.

How Much Will the Cell Cryopreservation Market Be Worth in 2029?

The market size for cell cryopreservation is projected to experience a significant surge in the coming years, reaching up to $37.01 billion in 2029 with a compound annual growth rate (CAGR) of 23.9%. The projected growth during this period can be ascribed to the increasing demand for in vitro fertilization (IVF) methods, progress in organ transplant processes, enlargement of biobanking activities, the growing prevalence of chronic illnesses, and the presence of beneficial government schemes and funding. The key trends for this projected period encompass developments in cryopreservation methods, enhancements in the storage and transportation of MRNA vaccines, improvements in cryoprotectants and freezing methods, an increase in the focus on personalized medicine, and progress in stem cell studies.

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Which is the Largest Company in the Cell Cryopreservation Market?

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

What Are the Main Market Drivers in the Cell Cryopreservation Industry?

The cell cryopreservation market is projected to expand due to a rise in organ transplantation procedures. In the medical field, organ transplantation refers to the process of replacing a failing or damaged organ with a healthy one obtained from a donor. Factors such as hereditary abnormalities, infections, trauma, and chronic diseases have led to an increase in these procedures due to organ failure. The role of cell cryopreservation in organ transplantation involves the freezing and retention of cells from organs in order to preserve them for potential future use, improve graft success rates, and decrease immune rejection. As reported by the Health Resources and Services Administration, an American federal agency, in January 2024, the number of organ transplants performed from both living and deceased donors was 46,632 in 2023, representing an 8.7% rise from 2022 and a 12.7% increment from 2021, the first year witnessing over 40,000 organ transplants. Thus, the escalating organ transplantation procedures are contributing to the surge in the cell cryopreservation market.

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How Is the Cell Cryopreservation Market Segments Structured?

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

What Strategic Trends Are Transforming the Cell Cryopreservation Market?

Firms in the cell cryopreservation market are prioritizing the creation of cryopreservation medium solutions to provide enhanced services to customers. These specialized formulations are designed to preserve cells or tissues by freezing them at extremely low temperatures, allowing for long-lasting storage and transportation while preserving their viability and functionality. For example, Pluristyx Inc., a US-based organization that provides a range of tools, technologies, and services for cellular therapies, unveiled PluriFreeze in April 2024. This is a distinctive cryopreservation medium solution purposed to hasten the development of stem cell therapies. The solution is crafted to promote the propagation of induced pluripotent stem cells (iPSCs) and presents a novel strategy to boost the efficacy and standard of iPSC therapy development. PluriFreeze Cryopreservation Media from Pluristyx, which is intended solely for research purposes, is expected to simplify the development of stem cell therapy and support the commercialization of cell therapies.

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Which Global Regions Offer the Highest Growth in the Cell Cryopreservation Market?

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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This Report Delivers Insight On:

1. How big is the cell cryopreservation market, and how is it changing globally?

2. Who are the major companies in the cell cryopreservation market, and how are they performing?

3. What are the key opportunities and risks in the cell cryopreservation market right now?

4. Which products or customer segments are growing the most in the cell cryopreservation market?

5. What factors are helping or slowing down the growth of the cell cryopreservation market?

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How Has The Cell Cryopreservation Market Growth Evolved From 2024 To 2025, And What’s Ahead?

In recent times, there has been enormous growth in the cell cryopreservation market size. From $12.65 billion in 2024, it is projected to surge to $15.72 billion in 2025, with a compound annual growth rate (CAGR) of 24.3%. The expansion during the historical period is attributable to a rising demand for cell-based treatments, increased biomedical research, a heightened need for organ transplantation, increased R&D activities geared towards cell-based therapies, and a spike in the utilization of cryopreserved cells.

In the upcoming years, tremendous growth is anticipated in the cell cryopreservation market. It is projected to rise to $37.01 billion in 2029, with a compound annual growth rate (CAGR) of 23.9%. Many factors contribute to this predicted growth in the timeline forecasted. These include the increasing demand for in vitro fertilization (IVF) procedures, advancements in organ transplantation procedures, the broadening scope of biobanking activities, the escalating incidence of chronic diseases, and supportive government initiatives and funding. Some significant trends foreseen during this projected growth period include improvements in cryopreservation techniques, progressive developments in MRNA vaccine storage and transport, enhancements in cryoprotectants and freezing methods, a surging trend towards personalized medicine, and advancements in stem cell research.

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How Are Key Drivers in the Industry Acting as Catalysts for the Growth of the Cell Cryopreservation Market?

The surge in organ transplantation operations is anticipated to catalyze the expansion of the cell cryopreservation market. Organ transplantation, a procedure that involves substitute of a failing or damaged organ with a healthy organ from a donor, is on the rise due to organ failure triggered by genetic abnormalities, infections, injuries, and chronic illnesses. The role of cell cryopreservation in organ transplantation includes freezing and storage of cells taken from organs to uphold their future viability, augment graft accomplishment, and minimize immune rejection. For example, data from the Health Resources and Services Administration, a federal agency based in the US, indicated that in 2023, a total of 46,632 organ transplants were carried out from both living and deceased donors. This marked an 8.7% rise from 2022, and a 12.7% surge from 2021 – the first year that saw over 40,000 organ transplants. Consequently, the growth of the cell cryopreservation market is being steered by the rise in organ transplantation operations.

Which Segments in the Cell Cryopreservation Offer the Most Growth?

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 Are the Fastest-Growing Geographies in the Cell Cryopreservation Market?

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.

What Key Market Trends and Innovations Are Shaping the Future of the Cell Cryopreservation Industry?

Firms working in the cell cryopreservation sector emphasize on the creation of cryopreservation medium solutions. These are unique formulations designed for preserving cells or tissues by freezing them at extremely low temperatures, promoting long-term storage and distribution while ensuring their viability and functionality. To illustrate, in April 2024, Pluristyx Inc., a US firm supplying tools, technologies, and services for cell therapies, introduced PluriFreeze, its own cryopreservation medium solution to fast-track stem cell therapy development. This solution supports the expansion of induced pluripotent stem cells (iPSCs) and introduces a pioneering approach to enhance the efficacy and quality of iPSC therapy advancement. The PluriFreeze Cryopreservation Media by Pluristyx, intended for research use only, aspires to simplify the progression of stem cell therapy and support the commercialization of cell therapies.

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What Are the Key Elements That Define the Cell Cryopreservation Market?

Cell cryopreservation is the process of preserving cells by cooling them to sub-zero temperatures, typically in liquid nitrogen at -196°C. This method halts all biological activity and metabolism, allowing cells to be stored for extended periods without degradation. Cryoprotective agents are used to prevent ice crystal formation, which can damage cell structures during freezing and thawing.

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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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How has the cell cryopreservation market size evolved in recent years?

The cell cryopreservation market has seen exponential growth in recent years. It will grow from $12.65 billion in 2024 to $15.72 billion in 2025, reflecting a compound annual growth rate (CAGR) of 24.3%. This growth is driven by the rising demand for cell-based therapies, increased biomedical research, the growing need for organ transplantation, more R&D activities for cell-based therapies, and the increased use of cryopreserved cells.

What are the predictions for the cell cryopreservation market size in the coming years?

The cell cryopreservation market is expected to grow to $37.01 billion by 2029 with a CAGR of 23.9%. This is driven by increased demand for IVF procedures, advancements in organ transplantation, biobanking, rising chronic diseases, and government funding. Trends include advancements in cryopreservation techniques, mRNA vaccine storage, cryoprotectants and freezing methods, personalized medicine, and stem cell research.

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What key factors are fueling the growth of the cell cryopreservation market?

The increasing number of organ transplantation procedures is anticipated to drive the growth of the cell cryopreservation market. Organ transplants are becoming more frequent due to organ failure from chronic diseases, infections, and injuries. Cryopreservation helps preserve the viability of cells from organs, improving transplant success and reducing immune rejection. For instance, in January 2024, the Health Resources and Services Administration reported 46,632 organ transplants in 2023, marking an 8.7% increase from 2022. The growing number of transplants will propel the cell cryopreservation market.

How is the global cell cryopreservation market divided into key segments?

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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Who are the key firms paving the way for growth in the cell cryopreservation market?

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

Which trends are expected to transform the cell cryopreservation market?

Companies in the cell cryopreservation market are working on improving cryopreservation medium solutions to better serve customers. Cryopreservation media are specialized formulations that preserve cells or tissues at ultra-low temperatures for long-term storage while maintaining their viability. For example, in April 2024, Pluristyx Inc., a US-based company, introduced PluriFreeze, a cryopreservation medium aimed at enhancing stem cell therapy development by improving the efficiency and quality of induced pluripotent stem cells (iPSCs).

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What regions are contributing significantly to the growth of the cell cryopreservation market?

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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What Long-Term Growth Rate is Expected for the Cell Cryopreservation Market Between 2025 and 2034?

In the past few years, there has been a significant expansion in the cell cryopreservation market size. This market is projected to swell from $12.65 billion in 2024 to a staggering $15.72 billion in 2025, reflecting a compound annual growth rate (CAGR) of 24.3%. Factors such as surging demand for cell-based treatments, advancement in biomedical research, increasing need for organ transplants, growth in R&D activities regarding cell-based therapies, and the escalated usage of cryopreserved cells contribute to the upswing during the historic period.

Forecasts anticipate a significant surge in the size of the cell cryopreservation market over the upcoming years. By 2029, it is expected to attain a worth of $37.01 billion, featuring a compound annual growth rate (CAGR) of 23.9%. Factors driving growth across the forecasted period include increased demand for in vitro fertilization (IVF), progress in organ transplantation protocols, the expansion of biobanking endeavors, higher instances of chronic ailments, and encouraging governmental initiatives and funding. Key trends recognized for the forecasted period comprise enhancements in cryopreservation methods, developments in MRNA vaccine storage and transport, improvements in cryoprotectants and freezing procedures, a growing inclination towards personalized medicine, and progress in stem cell research.

Which Primary Drivers Are Supporting the Continued Expansion of the Cell Cryopreservation Market?

The growth of the cell cryopreservation market is predicted to be fuelled by the rising number of organ transplantation procedures. This medical operation, involving the replacement of a damaged or failing organ with a healthy donor organ, has seen a surge due to organ failure resulting from hereditary abnormalities, infections, chronic diseases, and traumas. In organ transplantation, cell cryopreservation plays a vital role, involving the freezing and storage of cells from organs to maintain their usability for future application, augment graft success, and diminish immune rejection. For instance, the Health Resources and Services Administration, a federal agency in the US, revealed in January 2024 that in 2023, there were 46,632 organ transplants from both living and deceased donors. This number indicates an increase of 8.7% from 2022 and a 12.7% rise from 2021, which was the initial year that saw over 40,000 organ transplants. Thus, the rise in organ transplantation procedures is propelling the expansion of the cell cryopreservation market.

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What Are the Key Firms That Are Driving Transformation in the Cell Cryopreservation Market?

Major companies operating in the cell cryopreservation market are:

• Thermo Fisher Scientific Inc.

• Danaher Corporation

• Merck KGaA

• Corning Inc.

• STEMCELL Technologies

What Current Trends in the Cell Cryopreservation Market Should Industry Players Pay Attention To?

Firms engaged in the cell cryopreservation industry are concentrating on enhancing cryopreservation medium solutions to provide clients with superior capabilities. This type of solution refers to specific mixtures designed to conserve cells or tissues by freezing them at extreme lows, allowing for lengthy storage and transport while preserving their functional and viable characteristics. For example, in April 2024, Pluristyx Inc., an American company providing tools, technology, and services for cell treatments, introduced PluriFreeze, its own cryopreservation medium solution to expedite the development of stem cell therapies. This solution is tailored to promote the propagation of induced pluripotent stem cells (iPSCs) and introduces a novel approach to enhance the efficiency and quality of iPSC therapy development. The PluriFreeze Cryopreservation Media by Pluristyx, intended solely for Research Use Only (RUO), is designed to simplify the stem cell therapy development process and assist in bringing cell therapies to market.

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What Are the Major Segments of the Cell Cryopreservation Market and Their Role in Driving Growth?

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

What Regions Are Driving Expansion in the Cell Cryopreservation Market?

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.

How Is the Cell Cryopreservation Market Categorized and Defined in the Industry?

Cell cryopreservation is the process of preserving cells by cooling them to sub-zero temperatures, typically in liquid nitrogen at -196°C. This method halts all biological activity and metabolism, allowing cells to be stored for extended periods without degradation. Cryoprotective agents are used to prevent ice crystal formation, which can damage cell structures during freezing and thawing.

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About The Business Research Company:

With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.

Contact us at:

The Business Research Company: https://www.thebusinessresearchcompany.com/

Americas +1 3156230293

Asia +44 2071930708

Europe +44 2071930708

Email us at info@tbrc.info

Follow us on:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

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