Press release
DMSO Cell Cryopreservation Medium Market Competition Featuring Thermo Fisher, BioLife Solutions, and Sartorius
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 vital cryoprotective agent widely utilized for the preservation of cells at ultra-low temperatures, including liquid nitrogen storage. This preservation method effectively arrests cellular metabolic activity and maintains biological integrity by preventing cellular degradation. Cryopreservation achieves this by slowing metabolic processes and inhibiting ice crystal formation, which can otherwise compromise cell membranes and induce cell death.
The increasing adoption of cell-based therapies, coupled with advancements in regenerative medicine, is a primary factor driving the demand for cryopreservation media. Furthermore, growing research and development investments in the biotechnology and biopharmaceutical sectors are contributing to the expansion of the cryopreservation market. Nonetheless, the emergence and implementation of alternative cell preservation technologies may present potential limitations to market growth.
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 global market for DMSO-based cell cryopreservation media is experiencing consistent growth, driven by the rising prevalence of chronic diseases and emerging infectious conditions. Significant investments in academic and clinical research, including doctoral and postdoctoral programs and specialized stem cell studies, are supporting market expansion. Additional growth is reinforced by governmental initiatives fostering innovation within the pharmaceutical and biopharmaceutical sectors. Furthermore, increased focus on personalized medicine, advancements in stem cell research and development, the proliferation of biobanks, and the growing adoption of oocyte cryopreservation procedures collectively contribute to the robust expansion of the cell cryopreservation market.
Challenges:
Despite favorable growth prospects, the market faces several constraints. A major challenge is the limited availability of skilled personnel and technical expertise, particularly in emerging economies where the absence of standardized protocols further complicates implementation. Cryopreservation is a highly specialized process that requires precise control over freezing and thawing rates, careful selection of cryoprotective agents, and tailored protocols for different cell types.
These complexities present barriers for research institutions and healthcare organizations seeking to adopt such technologies. Additionally, disruptions stemming from the COVID-19 pandemic, including facility shutdowns and supply chain interruptions, have negatively impacted operations and may continue to impede market growth.
Regional Trends:
North America is projected to retain a dominant share of the global DMSO-based cell cryopreservation media market in terms of revenue, supported by advanced healthcare infrastructure, strong economic conditions, and well-established supply chains. The region is also expected to achieve a robust compound annual growth rate (CAGR), driven by increasing healthcare demand, an aging population, and ongoing initiatives to develop advanced therapeutic solutions. Simultaneously, the Asia-Pacific region is witnessing substantial growth, fueled by rising demand for cost-effective healthcare technologies and strategies aimed at minimizing equipment failure, thereby enhancing its competitive 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: https://www.insightaceanalytic.com/
Tel : +1 607 400-7072
Asia: +91 79 72967118
info@insightaceanalytic.com
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