Global Cell Cryopreservation Market is estimated to be US$ 20.0 billion by 2030 with a CAGR of 19.8% during the forecast period


Posted July 23, 2021 by Nisha0914

The Global Cell Cryopreservation Market accounted for US$ 3.3 billion in 2020 and is estimated to be US$ 20.0 billion by 2030 and is anticipated to register a CAGR of 19.8%.

 
The Global Cell Cryopreservation Market accounted for US$ 3.3 billion in 2020 and is estimated to be US$ 20.0 billion by 2030 and is anticipated to register a CAGR of 19.8%. Cryopreservation may be a method whereby cells are frozen, maintaining their viability, until they're defrosted months or years later. Cells are cryopreserved to attenuate genetic change and avoid loss through contamination. It is best to cryopreserve cells when they are at their optimal rate of growth (3:22 minutes. The only effective means of preservation of animal cells is by freezing, which may be accomplished with either nitrogen or by employing cryogenic freezers. The freezing process involves slowly reducing the temperature of prepared cells to -30 to -60°C followed by a transfer to temperatures but -130°C.

The report " Global Cell Cryopreservation Market, By Product Type (Cryopreservative Medium (Glycerol, Dimethyl sulfoxide (DMSO), and Others), Freezers, and Others), By Application (Stem cells, Oocytes and embryos, Sperm, Semen, and Testicular Tissue, and Others), By End User (Pharmaceutical and Biotechnology Companies, Research Institutes, and Others), and By Region (North America, Latin America, Europe, Middle East, Asia Pacific, Africa) - Trends, Analysis and Forecast till 2030”

Key Highlights:

On 13th July 2021, Huize Partners with Sungrow to Launch Immune Cell Cryopreservation as a New Value-added Service.
In 2021, Lonza has expanded its human primary cell offerings with the launch of customizable cryopreserved Leukopaks. The frozen Leukopaks enable long-distance shipping of leukapheresis products without the concern of reduced cell viability encountered with fresh Leukopaks.
Analyst View:

Government initiatives for research activities in the pharmaceutical and biopharmaceutical industry drives the market of cell cryopreservation. In addition, benefits of cell freezing for storage in drug development and other purposes also drives the market. Moreover awareness regarding cryopreservation of cells also drives the market.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Global Cell Cryopreservation Market, By Product Type (Cryopreservative Medium (Glycerol, Dimethyl sulfoxide (DMSO), and Others), Freezers, and Others), By Application (Stem cells, Oocytes and embryos, Sperm, Semen, and Testicular Tissue, and Others), By End User (Pharmaceutical and Biotechnology Companies, Research Institutes, and Others), and By Region (North America, Latin America, Europe, Middle East, Asia Pacific, Africa) - Trends, Analysis and Forecast till 2030”

To know the upcoming trends and insights prevalent in this market, click the link below:

https://www.prophecymarketinsights.com/market_insight/Global-Cell-Cryopreservation-Market-By-20

Key Market Insights from the report:

The Global Cell Cryopreservation Market accounted for US$ 3.3 billion in 2020 and is estimated to be US$ 20.0 billion by 2030 and is anticipated to register a CAGR of 19.8%. The Global Cell Cryopreservation Market is segmented based on the product type, application, end-user and region.

By Product Type, the Global Cell Cryopreservation Market is segmented into Cryopreservative Medium (Glycerol, Dimethyl sulfoxide (DMSO), and Others), Freezers, and Others.
By Application, the Global Cell Cryopreservation Market is segmented into Stem cells, Oocytes and embryos, Sperm, Semen, and Testicular Tissue, and Others.
By End-User, the Global Cell Cryopreservation Market is segmented into Pharmaceutical and Biotechnology Companies, Research Institutes, and Others.
By region, the Global Cell Cryopreservation Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is the worldwide leader in the cell cryopreservation market in terms of revenue, due to the developed healthcare system and health awareness among people.
Competitive Landscape:

The key players operating in the global cell cryopreservation market Merck KGaA, GE Healthcare, Thermo Fisher Scientific, Inc., AMS Biotechnology Limited, Nippon Genetics, VitriCell SA, MiltenyiBiotec, Mediatech, Inc., BioLifeSolutions, Inc., HiMedia Laboratories, and PromoCell GmbH.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

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Some Important Points Answered in this Market Report Are Given Below:

Explains an overview of the product portfolio, including product development, planning, and positioning
Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
Detailed analysis of the market revenue over the forecasted period.
Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.
Study on the segments that are anticipated to dominate the market.
Study on the regional analysis that is expected to register the highest growth over the forecast period
Key Topics Covered

Introduction
Study Deliverables
Study Assumptions
Scope of the Study
Research Methodology
Executive Summary
Opportunity Map Analysis
Market at Glance
Market Share (%) and BPS Analysis, by Region
Competitive Landscape
Heat Map Analysis
Market Presence and Specificity Analysis
Investment Analysis
Competitive Analysis
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Last Updated July 23, 2021