Press release
DMSO Cell Cryopreservation Medium Market Set for Robust Growth With 9.11 Percent CAGR Fueled by Advancements in Biotechnology and Cell Therapy
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global DMSO Cell Cryopreservation Medium Market - (By Type (Stem Cell, CHO Cells, T Cells, Others), By Application (Hospital, Research Institute, Others)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."According to the latest research by InsightAce Analytic, the Global DMSO Cell Cryopreservation Medium Market is expected to expand with a CAGR of 9.11% during the forecast period of 2024-2031.
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Dimethyl sulfoxide (DMSO) serves as a key cryoprotective agent, widely utilized in the preservation of cells by storing them in ultra-low temperature environments such as liquid nitrogen. This process effectively suspends cellular metabolic functions and safeguards biological integrity by preventing degradation. Cryopreservation operates by minimizing metabolic activity and inhibiting ice crystal formation, which can otherwise compromise cell membrane integrity and result in cell death. The increasing adoption of cell-based therapies and advancements in regenerative medicine are major factors driving the demand for cryopreservation media. Furthermore, rising investments in research and development across the biotechnology and biopharmaceutical industries are fueling the growth of the cryopreservation market. Nevertheless, the market may face limitations due to the emergence of alternative cell preservation technologies.
List of Prominent Players in the DMSO Cell Cryopreservation Medium Market:
• Thermo Fisher Scientific
• Biolife Solutions
• Kitazato
• STEMCELL
• Sartorius AG
• AMSBIO
• Shanghai Biyuntian Biotechnology Co., Ltd.
• Beijing Baiolaibo Technology Co., Ltd.
• HiMedia
• Biological Industries
• Other Market Players
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Market Dynamics
Drivers:
The demand for DMSO-based cell cryopreservation media is increasing, primarily due to the rising prevalence of chronic illnesses and emerging viral infections. Significant investments are being directed toward supporting academic research, including postdoctoral fellowships, clinical research programs, and doctoral studies, particularly in the domain of stem cell research. Market expansion is further supported by various governmental initiatives aimed at promoting pharmaceutical and biopharmaceutical innovation. In addition, the growing emphasis on personalized medicine, advancements in stem cell research and development, the expanding number of biobanks, and the increasing frequency of oocyte cryopreservation cycles are collectively driving the growth of the global cell cryopreservation market.
Challenges:
Despite promising growth prospects, the market faces several obstacles. A critical challenge is the shortage of technical expertise and skilled personnel, particularly in emerging economies, where the lack of standardized protocols further complicates implementation. Cryopreservation is a technically complex process that requires precise control of freezing and thawing rates, careful selection of cryoprotective agents, and tailored protocols for different cell types. The high level of specialization required presents barriers for both researchers and institutions seeking to adopt these technologies. Moreover, disruptions caused by the COVID-19 pandemic, including factory shutdowns and interrupted supply chains, have negatively impacted industry operations and may continue to constrain growth.
Regional Trends:
North America is anticipated to dominate the global DMSO-based cell cryopreservation media market in terms of revenue, supported by its well-developed healthcare infrastructure, strong economic foundation, and established supply networks. The region is also projected to register a robust compound annual growth rate (CAGR), driven by increasing healthcare demands, an aging population, and ongoing efforts to develop advanced therapeutic solutions. Meanwhile, the Asia-Pacific region is experiencing significant growth, supported by rising demand for cost-effective healthcare technologies and measures aimed at minimizing equipment failure, contributing to the region's strengthening position in the global market.
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Recent Developments:
• In June 2023, BioLife Solutions, Inc. has introduced a new controlled-rate freezer (CRF) with a larger capacity, in order to expand its existing CRF product range, which now consists of three different form factors. This tabletop freezer meets the important requirement of customers for increased production capacity of cell treatments.
• In Dec 2019, Sartorius agreed to buy a majority stake in Biological Industries, an Israeli company that develops and makes cell growth media. The owners of the company, Kibbutz Beit Haemek and the private equity fund Fortissimo Capital, sold Sartorius just over half of their shares for about €45 million in cash.
Segmentation of DMSO Cell Cryopreservation Medium Market-
By Type-
• Stem Cell
• CHO Cells
• T Cells
• Others
By Application-
• Hospital
• Research Institute
• Others
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of the Middle East and Africa
Read Overview Report- https://www.insightaceanalytic.com/report/dmso-cell-cryopreservation-medium-market/2438
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 607 400-7072
Asia: +91 79 72967118
info@insightaceanalytic.com
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