The Global Cell cryopreservation Market is poised to value over USD 9.4 billion by 2028 end at a CAGR of over 22.5% during the forecast period 2022 to 2028.
Cryopreservation is the technique of freezing tissues and cells at low temperatures to maintain metabolic inertness, viability, and prevent ice crystal formation. Ice crystals are small ice crystals that form when the temperature is extremely low. These can damage the cell or tissue’s cell membrane, causing the cell to die. Cryopreserved cells minimise genetic change and prevent loss due to contamination. Microorganisms, tissue cells, established cell lines, small multicellular organisms, and complex cellular structures such as embryos, nucleic acid, and proteins are all preserved using cryopreservation. To freeze cells, various types of medium or serum are used. The most commonly used alternatives are glycerol and dimethyl sulfoxide (DMSO). Glycerol and dimethyl sulfoxide are combined in a solution with serum or media and frozen in a liquid nitrogen freezer. The expansion of government research initiatives in the pharmaceutical and biopharmaceutical sectors is expected to drive the growth of the cell freezing media market. Additionally, the advantages of cell freezing for storage in drug development or other initiatives are expected to drive market growth. Breyanzi, a CD19(B-lymphocyte antigen)-directed chimeric antigen receptor (CAR) T cell immunotherapy, was approved by the European Commission (EC) for the treatment of adult patients with relapsed or refractory (R/R) diffuse large B-cell lymphoma (DLBCL), primary mediastinal large B-cell lymphoma (PMBCL), and follicular lymphoma grade 3B (FL3B Breyanzi was granted Marketing Authorization for use in all European Union (EU) member states. Some of the factors driving the growth of the cryopreservation of cells market include an increase in manufacturers’ focus on developing novel products for preserving various cells, an increase in government initiatives for research activities in the pharmaceutical and biopharmaceutical industries, and a decrease in fertility rates. Furthermore, the benefits of cell freezing for storage in drug development or other programmes are likely to fuel market growth. The introduction of advanced and novel cryopreservation systems, as well as regulatory approval of cryopreserved cells, are expected to drive market growth.
The astute research report on Cell cryopreservation market provides intricate details for analyzing appropriate parameters and valuable insights. The report offers extensive information about this business to help bring forth the growth potential of the market across various segments and provides the clients with a comprehensive analysis of factors like market size, market growth trends, competitive landscape, product utilization, regional growth prospects, and application potential, etc. The data provided in the report has been gathered from a wide variety of sources by using primary and secondary research. This Cell cryopreservation research report also provides crucial insights into consumer behaviour, brand positioning, pricing analysis, and key player strategies. The market overview included in the Cell cryopreservation research report incorporates critical factors procured from industry analysts, prominent players as well as trade and industrial organizations.
The report on Cell cryopreservation market offers up-to-date information on the factors impeding the market growth which shall provide vendors with crucial insights into understanding the market dynamics thereby aiding the clients to sketch out a better business strategy. These factors will help them identify market growth opportunities. Furthermore, FutureWise research analysts provide timely assistance to their customers in understanding eccentric market parameters more effectively thereby leading to better decision-making.
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The Cell cryopreservation market research report is segmented – by product type, by application, by end user, and by region. It also consists of insights regarding the revenue value and sales volume during the forecasted timeframe of 2022 to 2028.
Cell cryopreservation Market Segmentation:
By Product Type
Cryoprotectant Agents
Equipment
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
Cell cryopreservation Market Regional Analysis:
The report provides a complete evaluation of the potential amplification of the Cell cryopreservation Market in pivotal geographic regions such as North America, Asia Pacific, Europe, Latin America and Middle East & Africa.
Competitive Landscape:
Some of the key market players are
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
FutureWise Key Takeaways:
Growth prospects
SWOT analysis
Key market trends
Key data-points affecting market growth
Objectives of the Study:
To provide an extensive analysis of the global Cell cryopreservation market by product type, by application, by end user, and by region
To carter complex data and information on the characteristics influencing the market growth (drivers, restraints, opportunities, and industry-specific restraints)
To predict and assess micro-markets and the overall market
To anticipate the market size, in key geographical regions (along with countries)— North America, Europe, Asia Pacific, Latin America and the Middle East and Africa
To estimate and inspect competitive landscape mapping- technological advancements, product launches, mergers and expansions
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